DASHWOOD: 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.
DASHWOOD
Largest movements
- Receivables within one year +€49,187
up €49,187 (+418%), from €11,767 to €60,955
- Tangible fixed assets -€7,776
no longer reported in 2025 (was €7,776)
- Cash +€3,139
up €3,139 (+16.4%), from €19,085 to €22,224
mainly Net result for the year (+€39,554) and Tax, wage and social debts (+€10,820)
- Profit (loss) carried forward +€39,554
up €39,554 (+396%), from €9,997 to €49,551
- Tax, wage and social debts +€10,820
up €10,820 (+104%), from €10,437 to €21,258
- Debts after one year -€6,667
down €6,667 (-92.3%), from €7,222 to €556
- Gross operating margin +€40,915
up €40,915 (+217%), from €18,880 to €59,795
- Taxes +€8,642
up €8,642 (+288%), from €3,005 to €11,647
- Depreciation -€1,748
down €1,748 (-18.4%), from €9,525 to €7,776
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 | €39,889 | €83,698 | +€43,809 | +110% |
| Fixed assets | 21/28 | €8,295 | €519 | -€7,776 | -93.7% |
| Tangible fixed assets | 22/27 | €7,776 | - | -€7,776 | |
| Furniture and vehicles | 24 | €7,776 | - | -€7,776 | |
| Financial fixed assets | 28 | €519 | €519 | = | 0.0% |
| Current assets | 29/58 | €31,594 | €83,179 | +€51,585 | +163% |
| Amounts receivable within one year | 40/41 | €11,767 | €60,955 | +€49,187 | +418% |
| Trade receivables | 40 | €11,767 | €60,955 | +€49,187 | +418% |
| Cash at bank and in hand | 54/58 | €19,085 | €22,224 | +€3,139 | +16.4% |
| Deferred charges and accrued income | 490/1 | €741 | - | -€741 | |
| Total equity and liabilities | 10/49 | €39,889 | €83,698 | +€43,809 | +110% |
| Equity | 10/15 | €11,997 | €51,551 | +€39,554 | +330% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,997 | €49,551 | +€39,554 | +396% |
| Amounts payable | 17/49 | €27,892 | €32,147 | +€4,254 | +15.3% |
| Amounts payable after more than one year | 17 | €7,222 | €556 | -€6,667 | -92.3% |
| Financial debts | 170/4 | €7,222 | €556 | -€6,667 | -92.3% |
| Amounts payable within one year | 42/48 | €20,636 | €31,540 | +€10,904 | +52.8% |
| Financial debts | 43 | €7,778 | €8,333 | +€556 | +7.1% |
| Other loans | 439 | €7,778 | €8,333 | +€556 | +7.1% |
| Trade debts | 44 | €2,270 | €1,949 | -€321 | -14.2% |
| Suppliers | 440/4 | €2,270 | €1,949 | -€321 | -14.2% |
| Taxes, remuneration and social security | 45 | €10,437 | €21,258 | +€10,820 | +104% |
| Taxes | 450/3 | €10,437 | €21,258 | +€10,820 | +104% |
| Other amounts payable | 47/48 | €151 | - | -€151 | |
| Accrued charges and deferred income | 492/3 | €34 | €51 | +€17 | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,525 | €7,776 | -€1,748 | -18.4% |
| Other operating charges | 640/8 | €692 | €516 | -€176 | -25.4% |
| Gross operating margin | 9900 | €18,880 | €59,795 | +€40,915 | +217% |
| Operating profit (loss) | 9901 | €8,664 | €51,503 | +€42,839 | +494% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €204 | €302 | +€98 | +48.2% |
| Recurring financial charges | 65 | €204 | €302 | +€98 | +48.2% |
| Profit (loss) for the period before taxes | 9903 | €8,460 | €51,201 | +€42,741 | +505% |
| Income taxes | 67/77 | €3,005 | €11,647 | +€8,642 | +288% |
| Profit (loss) for the period | 9904 | €5,455 | €39,554 | +€34,099 | +625% |
| Profit (loss) for the period to be appropriated | 9905 | €5,455 | €39,554 | +€34,099 | +625% |
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 13 October 2026 via checked.be.