Daphnys: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Daphnys
Largest movements
- Cash -€111,084
down €111,084 (-87.8%), from €126,561 to €15,477
mainly Current investments (-€74,140) and Investment in fixed assets (net) (-€59,775)
- Current investments +€74,140
new in 2024: €74,140
- Stocks and contracts +€21,938
up €21,938 (+184.3%), from €11,906 to €33,844
- Tangible fixed assets +€16,421
up €16,421 (+10.4%), from €158,397 to €174,818
of which Plant, machinery and equipment: +€18,453
- Intangible fixed assets +€5,333
new in 2024: €5,333
- Reserves +€72,564
up €72,564 (+80.3%), from €90,388 to €162,952
- Debts after one year -€30,000
down €30,000 (-32.4%), from €92,500 to €62,500
- Tax, wage and social debts -€28,884
down €28,884 (-60.0%), from €48,160 to €19,277
of which Taxes: -€34,017
- Trade debts -€3,572
down €3,572 (-97.5%), from €3,662 to €90
- Depreciation +€21,648
up €21,648 (+132.2%), from €16,373 to €38,021
- Taxes -€19,068
down €19,068 (-45.2%), from €42,163 to €23,095
- Staff costs +€16,307
new in 2024: €16,307
- Gross operating margin +€3,573
up €3,573 (+2.4%), from €150,337 to €153,910
- Financial charges +€2,966
up €2,966 (+2546.1%), from €117 to €3,083
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €301,281 | €308,599 | +€7,318 | +2.4% |
| Fixed assets | 21/28 | €158,397 | €180,151 | +€21,754 | +13.7% |
| Intangible fixed assets | 21 | - | €5,333 | +€5,333 | |
| Tangible fixed assets | 22/27 | €158,397 | €174,818 | +€16,421 | +10.4% |
| Plant, machinery and equipment | 23 | €144,827 | €163,281 | +€18,453 | +12.7% |
| Furniture and vehicles | 24 | €4,222 | €3,301 | -€922 | -21.8% |
| Other tangible fixed assets | 26 | €9,347 | €8,236 | -€1,111 | -11.9% |
| Current assets | 29/58 | €142,884 | €128,448 | -€14,436 | -10.1% |
| Stocks and contracts in progress | 3 | €11,906 | €33,844 | +€21,938 | +184.3% |
| Stocks | 30/36 | €11,906 | €33,844 | +€21,938 | +184.3% |
| Amounts receivable within one year | 40/41 | €3,498 | €4,642 | +€1,144 | +32.7% |
| Trade receivables | 40 | €3,498 | €100 | -€3,398 | -97.1% |
| Other amounts receivable | 41 | - | €4,542 | +€4,542 | |
| Current investments | 50/53 | - | €74,140 | +€74,140 | |
| Cash at bank and in hand | 54/58 | €126,561 | €15,477 | -€111,084 | -87.8% |
| Deferred charges and accrued income | 490/1 | €920 | €345 | -€574 | -62.4% |
| Total equity and liabilities | 10/49 | €301,281 | €308,599 | +€7,318 | +2.4% |
| Equity | 10/15 | €100,388 | €172,952 | +€72,564 | +72.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €90,388 | €162,952 | +€72,564 | +80.3% |
| Distributable reserves | 133 | €90,388 | €162,952 | +€72,564 | +80.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €200,893 | €135,647 | -€65,247 | -32.5% |
| Amounts payable after more than one year | 17 | €92,500 | €62,500 | -€30,000 | -32.4% |
| Financial debts | 170/4 | €92,500 | €62,500 | -€30,000 | -32.4% |
| Amounts payable within one year | 42/48 | €108,393 | €73,147 | -€35,247 | -32.5% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €3,662 | €90 | -€3,572 | -97.5% |
| Suppliers | 440/4 | €3,662 | €90 | -€3,572 | -97.5% |
| Taxes, remuneration and social security | 45 | €48,160 | €19,277 | -€28,884 | -60.0% |
| Taxes | 450/3 | €48,160 | €14,143 | -€34,017 | -70.6% |
| Remuneration and social security | 454/9 | - | €5,134 | +€5,134 | |
| Other amounts payable | 47/48 | €26,571 | €23,779 | -€2,791 | -10.5% |
| Remuneration, social security and pensions | 62 | - | €16,307 | +€16,307 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,373 | €38,021 | +€21,648 | +132.2% |
| Other operating charges | 640/8 | €639 | €818 | +€179 | +28.1% |
| Gross operating margin | 9900 | €150,337 | €153,910 | +€3,573 | +2.4% |
| Operating profit (loss) | 9901 | €133,325 | €98,765 | -€34,560 | -25.9% |
| Financial income | 75/76B | €175 | €837 | +€662 | +378.9% |
| Recurring financial income | 75 | €175 | €837 | +€662 | +378.9% |
| Financial charges | 65/66B | €117 | €3,083 | +€2,966 | +2546.1% |
| Recurring financial charges | 65 | €117 | €3,083 | +€2,966 | +2546.1% |
| Profit (loss) for the period before taxes | 9903 | €133,383 | €96,518 | -€36,865 | -27.6% |
| Income taxes | 67/77 | €42,163 | €23,095 | -€19,068 | -45.2% |
| Profit (loss) for the period | 9904 | €91,221 | €73,423 | -€17,797 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €91,221 | €73,423 | -€17,797 | -19.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.