DATCODENT: 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.
DATCODENT
Largest movements
- Receivables after one year -€140,575
down €140,575 (-43.6%), from €322,541 to €181,966
- Tangible fixed assets -€56,796
down €56,796 (-22.4%), from €253,642 to €196,845
of which Plant, machinery and equipment: -€37,628
- Cash +€33,785
up €33,785 (+41.3%), from €81,845 to €115,630
mainly Receivables after one year (+€140,575) and Depreciation (+€63,576)
- Receivables within one year +€13,128
up €13,128 (+175%), from €7,491 to €20,619
of which Other amounts receivable: +€13,092
- Deferred charges and accrued income -€6,881
down €6,881 (-33.8%), from €20,378 to €13,497
- Profit (loss) carried forward -€126,187
down €126,187 (-100%), from €126,187 to €0
- Other debts +€31,522
up €31,522 (+97.6%), from €32,303 to €63,825
- Debts after one year -€20,663
down €20,663 (-15.6%), from €132,335 to €111,672
- Tax, wage and social debts -€18,372
down €18,372 (-56.0%), from €32,791 to €14,419
of which Taxes: -€18,600
- Accrued charges and deferred income -€16,417
down €16,417 (-63.8%), from €25,750 to €9,333
- Gross operating margin -€90,491
down €90,491 (-33.5%), from €269,891 to €179,400
- Taxes -€23,639
down €23,639 (-58.6%), from €40,360 to €16,722
- Other operating charges -€6,488
down €6,488 (-83.9%), from €7,735 to €1,247
- Depreciation +€6,451
up €6,451 (+11.3%), from €57,125 to €63,576
- Staff costs +€3,997
up €3,997 (+9.4%), from €42,305 to €46,302
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 | €687,013 | €531,229 | -€155,785 | -22.7% |
| Fixed assets | 21/28 | €254,759 | €199,517 | -€55,242 | -21.7% |
| Intangible fixed assets | 21 | €902 | €2,456 | +€1,554 | +172% |
| Tangible fixed assets | 22/27 | €253,642 | €196,845 | -€56,796 | -22.4% |
| Land and buildings | 22 | €128,035 | €116,906 | -€11,129 | -8.7% |
| Plant, machinery and equipment | 23 | €85,632 | €48,004 | -€37,628 | -43.9% |
| Furniture and vehicles | 24 | €39,975 | €31,935 | -€8,040 | -20.1% |
| Financial fixed assets | 28 | €215 | €215 | = | 0.0% |
| Current assets | 29/58 | €432,254 | €331,712 | -€100,542 | -23.3% |
| Amounts receivable after more than one year | 29 | €322,541 | €181,966 | -€140,575 | -43.6% |
| Other amounts receivable | 291 | €322,541 | €181,966 | -€140,575 | -43.6% |
| Amounts receivable within one year | 40/41 | €7,491 | €20,619 | +€13,128 | +175% |
| Trade receivables | 40 | €1,162 | €1,198 | +€36 | +3.1% |
| Other amounts receivable | 41 | €6,329 | €19,421 | +€13,092 | +207% |
| Cash at bank and in hand | 54/58 | €81,845 | €115,630 | +€33,785 | +41.3% |
| Deferred charges and accrued income | 490/1 | €20,378 | €13,497 | -€6,881 | -33.8% |
| Total equity and liabilities | 10/49 | €687,013 | €531,229 | -€155,785 | -22.7% |
| Equity | 10/15 | €434,816 | €308,233 | -€126,583 | -29.1% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Reserves | 13 | €302,429 | €289,633 | -€12,796 | -4.2% |
| Distributable reserves | 133 | €302,429 | €289,633 | -€12,796 | -4.2% |
| Profit (loss) carried forward | 14 | €126,187 | €0 | -€126,187 | -100% |
| Amounts payable | 17/49 | €252,198 | €222,996 | -€29,202 | -11.6% |
| Amounts payable after more than one year | 17 | €132,335 | €111,672 | -€20,663 | -15.6% |
| Financial debts | 170/4 | €132,335 | €111,672 | -€20,663 | -15.6% |
| Amounts payable within one year | 42/48 | €94,113 | €101,991 | +€7,878 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €28,088 | €20,663 | -€7,425 | -26.4% |
| Trade debts | 44 | €930 | €3,084 | +€2,154 | +232% |
| Suppliers | 440/4 | €930 | €3,084 | +€2,154 | +232% |
| Taxes, remuneration and social security | 45 | €32,791 | €14,419 | -€18,372 | -56.0% |
| Taxes | 450/3 | €26,951 | €8,351 | -€18,600 | -69.0% |
| Remuneration and social security | 454/9 | €5,840 | €6,068 | +€228 | +3.9% |
| Other amounts payable | 47/48 | €32,303 | €63,825 | +€31,522 | +97.6% |
| Accrued charges and deferred income | 492/3 | €25,750 | €9,333 | -€16,417 | -63.8% |
| Remuneration, social security and pensions | 62 | €42,305 | €46,302 | +€3,997 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,125 | €63,576 | +€6,451 | +11.3% |
| Other operating charges | 640/8 | €7,735 | €1,247 | -€6,488 | -83.9% |
| Gross operating margin | 9900 | €269,891 | €179,400 | -€90,491 | -33.5% |
| Operating profit (loss) | 9901 | €162,727 | €68,275 | -€94,451 | -58.0% |
| Financial income | 75/76B | €9,754 | €6,096 | -€3,658 | -37.5% |
| Recurring financial income | 75 | €9,754 | €6,096 | -€3,658 | -37.5% |
| Financial charges | 65/66B | €5,933 | €7,377 | +€1,444 | +24.3% |
| Recurring financial charges | 65 | €5,933 | €7,377 | +€1,444 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | €166,547 | €66,994 | -€99,553 | -59.8% |
| Income taxes | 67/77 | €40,360 | €16,722 | -€23,639 | -58.6% |
| Profit (loss) for the period | 9904 | €126,187 | €50,273 | -€75,914 | -60.2% |
| Profit (loss) for the period to be appropriated | 9905 | €126,187 | €50,273 | -€75,914 | -60.2% |
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 19 October 2026 via checked.be.