DAS: 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.
DAS
Largest movements
- Receivables within one year -€75,525
down €75,525 (-55.1%), from €137,020 to €61,495
of which Other amounts receivable: -€50,840
- Cash -€38,234
down €38,234 (-73.0%), from €52,398 to €14,164
mainly Tax, wage and social debts (-€51,736) and Net result for the year (-€50,957)
- Financial fixed assets -€4,555
down €4,555 (-42.2%), from €10,805 to €6,250
- Tax, wage and social debts -€51,736
down €51,736 (-93.5%), from €55,313 to €3,577
of which Remuneration and social security: -€43,896
- Profit (loss) carried forward -€50,957
down €50,957 (-100.9%), from -€50,512 to -€101,469
- Trade debts -€8,457
down €8,457 (-58.2%), from €14,531 to €6,074
- Accrued charges and deferred income -€7,372
no longer reported in 2025 (was €7,372)
- Gross operating margin -€143,848
down €143,848 (-85.1%), from €169,059 to €25,212
- Staff costs -€102,189
down €102,189 (-62.1%), from €164,645 to €62,455
- Taxes +€3,577
new in 2025: €3,577
- Financial charges +€2,909
up €2,909 (+51.1%), from €5,692 to €8,601
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €202,903 | €83,582 | -€119,321 | -58.8% |
| Fixed assets | 21/28 | €13,485 | €7,923 | -€5,563 | -41.3% |
| Tangible fixed assets | 22/27 | €2,680 | €1,673 | -€1,008 | -37.6% |
| Plant, machinery and equipment | 23 | €1,689 | €1,111 | -€578 | -34.2% |
| Furniture and vehicles | 24 | €991 | €561 | -€430 | -43.4% |
| Financial fixed assets | 28 | €10,805 | €6,250 | -€4,555 | -42.2% |
| Current assets | 29/58 | €189,418 | €75,659 | -€113,759 | -60.1% |
| Amounts receivable within one year | 40/41 | €137,020 | €61,495 | -€75,525 | -55.1% |
| Trade receivables | 40 | €63,880 | €39,195 | -€24,685 | -38.6% |
| Other amounts receivable | 41 | €73,140 | €22,300 | -€50,840 | -69.5% |
| Cash at bank and in hand | 54/58 | €52,398 | €14,164 | -€38,234 | -73.0% |
| Total equity and liabilities | 10/49 | €202,903 | €83,582 | -€119,321 | -58.8% |
| Equity | 10/15 | -€31,012 | -€81,969 | -€50,957 | -164.3% |
| Contributions | 10/11 | €19,500 | €19,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,512 | -€101,469 | -€50,957 | -100.9% |
| Amounts payable | 17/49 | €233,915 | €165,551 | -€68,365 | -29.2% |
| Amounts payable within one year | 42/48 | €226,544 | €165,551 | -€60,993 | -26.9% |
| Trade debts | 44 | €14,531 | €6,074 | -€8,457 | -58.2% |
| Suppliers | 440/4 | €14,531 | €6,074 | -€8,457 | -58.2% |
| Taxes, remuneration and social security | 45 | €55,313 | €3,577 | -€51,736 | -93.5% |
| Taxes | 450/3 | €11,417 | €3,577 | -€7,840 | -68.7% |
| Remuneration and social security | 454/9 | €43,896 | - | -€43,896 | |
| Other amounts payable | 47/48 | €156,700 | €155,900 | -€800 | -0.5% |
| Accrued charges and deferred income | 492/3 | €7,372 | - | -€7,372 | |
| Remuneration, social security and pensions | 62 | €164,645 | €62,455 | -€102,189 | -62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,008 | €1,008 | = | 0.0% |
| Other operating charges | 640/8 | €517 | €531 | +€14 | +2.6% |
| Gross operating margin | 9900 | €169,059 | €25,212 | -€143,848 | -85.1% |
| Operating profit (loss) | 9901 | €2,890 | -€38,782 | -€41,672 | |
| Financial income | 75/76B | €18 | €3 | -€15 | -83.2% |
| Recurring financial income | 75 | €18 | €3 | -€15 | -83.2% |
| Financial charges | 65/66B | €5,692 | €8,601 | +€2,909 | +51.1% |
| Recurring financial charges | 65 | €5,692 | €8,601 | +€2,909 | +51.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,784 | -€47,380 | -€44,596 | -1601.6% |
| Income taxes | 67/77 | - | €3,577 | +€3,577 | |
| Profit (loss) for the period | 9904 | -€2,784 | -€50,957 | -€48,172 | -1730.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,784 | -€50,957 | -€48,172 | -1730.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.