DASHAN: 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.
DASHAN
Largest movements
- Intangible fixed assets -€47,135
down €47,135 (-30.4%), from €154,935 to €107,801
- Receivables within one year +€8,670
up €8,670 (+3183.9%), from €272 to €8,942
of which Trade receivables: +€4,619
- Deferred charges and accrued income -€7,737
down €7,737 (-100.0%), from €7,737 to €0
- Cash +€4,183
up €4,183 (+100.7%), from €4,153 to €8,336
mainly Other debts (+€210,718) and Depreciation (+€47,135)
- Other debts +€210,718
up €210,718 (+199.0%), from €105,891 to €316,609
- Current portion of long-term debt -€119,989
down €119,989 (-74.6%), from €160,919 to €40,930
- Profit (loss) carried forward -€117,487
down €117,487 (-59.5%), from -€197,466 to -€314,953
- Investment grants -€8,501
down €8,501 (-28.7%), from €29,638 to €21,137
- Tax, wage and social debts -€7,302
down €7,302 (-96.2%), from €7,589 to €286
of which Remuneration and social security: -€7,144
- Gross operating margin -€14,349
down €14,349 (-114.4%), from -€12,547 to -€26,895
- Staff costs -€11,906
down €11,906 (-26.8%), from €44,407 to €32,501
- Financial charges +€8,748
up €8,748 (+79.9%), from €10,951 to €19,698
- Financial income +€925
up €925 (+10.9%), from €8,501 to €9,426
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 | €167,622 | €125,603 | -€42,019 | -25.1% |
| Fixed assets | 21/28 | €155,460 | €108,326 | -€47,135 | -30.3% |
| Intangible fixed assets | 21 | €154,935 | €107,801 | -€47,135 | -30.4% |
| Financial fixed assets | 28 | €525 | €525 | = | 0.0% |
| Current assets | 29/58 | €12,162 | €17,278 | +€5,116 | +42.1% |
| Amounts receivable within one year | 40/41 | €272 | €8,942 | +€8,670 | +3183.9% |
| Trade receivables | 40 | €272 | €4,892 | +€4,619 | +1696.5% |
| Other amounts receivable | 41 | €0 | €4,050 | +€4,050 | |
| Cash at bank and in hand | 54/58 | €4,153 | €8,336 | +€4,183 | +100.7% |
| Deferred charges and accrued income | 490/1 | €7,737 | €0 | -€7,737 | -100.0% |
| Total equity and liabilities | 10/49 | €167,622 | €125,603 | -€42,019 | -25.1% |
| Equity | 10/15 | -€116,628 | -€242,616 | -€125,988 | -108.0% |
| Contributions | 10/11 | €51,200 | €51,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€197,466 | -€314,953 | -€117,487 | -59.5% |
| Investment grants | 15 | €29,638 | €21,137 | -€8,501 | -28.7% |
| Amounts payable | 17/49 | €284,250 | €368,219 | +€83,969 | +29.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €284,250 | €362,239 | +€77,989 | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €160,919 | €40,930 | -€119,989 | -74.6% |
| Trade debts | 44 | €9,851 | €4,413 | -€5,438 | -55.2% |
| Suppliers | 440/4 | €9,851 | €4,413 | -€5,438 | -55.2% |
| Taxes, remuneration and social security | 45 | €7,589 | €286 | -€7,302 | -96.2% |
| Taxes | 450/3 | €445 | €286 | -€159 | -35.7% |
| Remuneration and social security | 454/9 | €7,144 | €0 | -€7,144 | -100.0% |
| Other amounts payable | 47/48 | €105,891 | €316,609 | +€210,718 | +199.0% |
| Accrued charges and deferred income | 492/3 | - | €5,981 | +€5,981 | |
| Remuneration, social security and pensions | 62 | €44,407 | €32,501 | -€11,906 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,135 | €47,135 | -€0 | 0.0% |
| Other operating charges | 640/8 | €406 | €600 | +€193 | +47.6% |
| Gross operating margin | 9900 | -€12,547 | -€26,895 | -€14,349 | -114.4% |
| Operating profit (loss) | 9901 | -€104,495 | -€107,131 | -€2,636 | -2.5% |
| Financial income | 75/76B | €8,501 | €9,426 | +€925 | +10.9% |
| Recurring financial income | 75 | €8,501 | €9,426 | +€925 | +10.9% |
| Financial charges | 65/66B | €10,951 | €19,698 | +€8,748 | +79.9% |
| Recurring financial charges | 65 | €10,951 | €19,698 | +€8,748 | +79.9% |
| Profit (loss) for the period before taxes | 9903 | -€106,945 | -€117,403 | -€10,458 | -9.8% |
| Income taxes | 67/77 | €161 | €84 | -€77 | -47.6% |
| Profit (loss) for the period | 9904 | -€107,105 | -€117,487 | -€10,382 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€107,105 | -€117,487 | -€10,382 | -9.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.