DAS ESTATE: what changed
Two financial 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 ESTATE
Largest movements
- Receivables within one year +€53,600
up €53,600 (+26.0%), from €205,970 to €259,570
of which Trade receivables: +€53,600
- Profit (loss) carried forward +€31,009
up €31,009 (+0.7%), from -€4.8m to -€4.7m
- Other debts +€20,000
new in 2025: €20,000
- Gross operating margin +€21,992
up €21,992 (+235%), from €9,348 to €31,340
- Financial charges -€5,837
down €5,837 (-99.7%), from €5,854 to €17
- Financial income -€3,401
no longer reported in 2025 (was €3,401)
- Depreciation -€964
no longer reported in 2025 (was €964)
- Other operating charges -€404
down €404 (-56.4%), from €717 to €313
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.
Derived cash bridge
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 | €220,445 | €271,454 | +€51,009 | +23.1% |
| Fixed assets | 21/28 | €10,600 | €10,600 | = | 0.0% |
| Tangible fixed assets | 22/27 | €10,600 | €10,600 | = | 0.0% |
| Furniture and vehicles | 24 | €10,600 | €10,600 | = | 0.0% |
| Current assets | 29/58 | €209,844 | €260,854 | +€51,009 | +24.3% |
| Amounts receivable within one year | 40/41 | €205,970 | €259,570 | +€53,600 | +26.0% |
| Trade receivables | 40 | €24,923 | €78,523 | +€53,600 | +215% |
| Other amounts receivable | 41 | €181,047 | €181,047 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,478 | €888 | -€2,591 | -74.5% |
| Deferred charges and accrued income | 490/1 | €395 | €395 | = | 0.0% |
| Total equity and liabilities | 10/49 | €220,445 | €271,454 | +€51,009 | +23.1% |
| Equity | 10/15 | €219,700 | €250,710 | +€31,009 | +14.1% |
| Contributions | 10/11 | €4,718,708 | €4,718,708 | = | 0.0% |
| Capital | 10 | €4,718,708 | €4,718,708 | = | 0.0% |
| Issued capital | 100 | €4,718,708 | €4,718,708 | = | 0.0% |
| Reserves | 13 | €263,759 | €263,759 | = | 0.0% |
| Non-distributable reserves | 130/1 | €132,623 | €132,623 | = | 0.0% |
| Legal reserve | 130 | €132,623 | €132,623 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,487 | €1,487 | = | 0.0% |
| Distributable reserves | 133 | €129,648 | €129,648 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,762,767 | -€4,731,757 | +€31,009 | +0.7% |
| Amounts payable | 17/49 | €744 | €20,744 | +€20,000 | +2,688% |
| Amounts payable within one year | 42/48 | €744 | €20,744 | +€20,000 | +2,688% |
| Trade debts | 44 | €278 | €278 | = | 0.0% |
| Suppliers | 440/4 | €278 | €278 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €466 | €466 | = | 0.0% |
| Taxes | 450/3 | €466 | €466 | = | 0.0% |
| Other amounts payable | 47/48 | - | €20,000 | +€20,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €964 | - | -€964 | |
| Other operating charges | 640/8 | €717 | €313 | -€404 | -56.4% |
| Gross operating margin | 9900 | €9,348 | €31,340 | +€21,992 | +235% |
| Operating profit (loss) | 9901 | €7,666 | €31,026 | +€23,360 | +305% |
| Financial income | 75/76B | €3,401 | - | -€3,401 | |
| Recurring financial income | 75 | €3,401 | - | -€3,401 | |
| Financial charges | 65/66B | €5,854 | €17 | -€5,837 | -99.7% |
| Recurring financial charges | 65 | €5,854 | €17 | -€5,837 | -99.7% |
| Profit (loss) for the period before taxes | 9903 | €5,213 | €31,009 | +€25,797 | +495% |
| Income taxes | 67/77 | €252 | - | -€252 | |
| Profit (loss) for the period | 9904 | €4,961 | €31,009 | +€26,049 | +525% |
| Profit (loss) for the period to be appropriated | 9905 | €4,961 | €31,009 | +€26,049 | +525% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.