DAUD MODE: 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.
DAUD MODE
Largest movements
- Tangible fixed assets +€257,791
up €257,791 (+1388.2%), from €18,570 to €276,361
of which Land and buildings: +€262,359
- Receivables within one year -€17,374
down €17,374 (-40.1%), from €43,364 to €25,990
of which Other amounts receivable: -€41,072
- Stocks and contracts -€10,605
down €10,605 (-33.1%), from €32,047 to €21,442
- Cash -€3,359
down €3,359 (-78.0%), from €4,305 to €946
mainly Investment in fixed assets (net) (-€263,268) and Net result for the year (-€23,282)
- Debts after one year +€193,349
up €193,349 (+543.7%), from €35,559 to €228,908
- Profit (loss) carried forward -€23,282
down €23,282, from €13,086 to -€10,196
- Short-term financial debts +€14,265
new in 2025: €14,265
- Current portion of long-term debt +€11,884
up €11,884 (+62.9%), from €18,884 to €30,768
- Tax, wage and social debts +€10,061
up €10,061 (+65.2%), from €15,419 to €25,480
of which Remuneration and social security: +€9,259
- Purchases and services +€98,532
up €98,532 (+14.5%), from €680,633 to €779,165
- Turnover +€86,018
up €86,018 (+12.5%), from €690,463 to €776,481
- Gross operating margin -€13,714
down €13,714, from €13,430 to -€285
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 | €109,867 | €334,206 | +€224,338 | +204.2% |
| Fixed assets | 21/28 | €29,970 | €285,828 | +€255,858 | +853.7% |
| Intangible fixed assets | 21 | €11,400 | €9,467 | -€1,933 | -17.0% |
| Tangible fixed assets | 22/27 | €18,570 | €276,361 | +€257,791 | +1388.2% |
| Land and buildings | 22 | - | €262,359 | +€262,359 | |
| Furniture and vehicles | 24 | €18,570 | €14,002 | -€4,568 | -24.6% |
| Current assets | 29/58 | €79,898 | €48,378 | -€31,520 | -39.5% |
| Stocks and contracts in progress | 3 | €32,047 | €21,442 | -€10,605 | -33.1% |
| Stocks | 30/36 | €32,047 | €21,442 | -€10,605 | -33.1% |
| Amounts receivable within one year | 40/41 | €43,364 | €25,990 | -€17,374 | -40.1% |
| Trade receivables | 40 | - | €23,698 | +€23,698 | |
| Other amounts receivable | 41 | €43,364 | €2,292 | -€41,072 | -94.7% |
| Cash at bank and in hand | 54/58 | €4,305 | €946 | -€3,359 | -78.0% |
| Deferred charges and accrued income | 490/1 | €182 | - | -€182 | |
| Total equity and liabilities | 10/49 | €109,867 | €334,206 | +€224,338 | +204.2% |
| Equity | 10/15 | €33,546 | €14,164 | -€19,382 | -57.8% |
| Contributions | 10/11 | €18,600 | €22,500 | +€3,900 | +21.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,086 | -€10,196 | -€23,282 | |
| Amounts payable | 17/49 | €76,322 | €320,041 | +€243,720 | +319.3% |
| Amounts payable after more than one year | 17 | €35,559 | €228,908 | +€193,349 | +543.7% |
| Financial debts | 170/4 | €35,559 | €228,908 | +€193,349 | +543.7% |
| Amounts payable within one year | 42/48 | €40,762 | €91,133 | +€50,371 | +123.6% |
| Current portion of amounts payable after more than one year | 42 | €18,884 | €30,768 | +€11,884 | +62.9% |
| Financial debts | 43 | - | €14,265 | +€14,265 | |
| Credit institutions | 430/8 | - | €14,265 | +€14,265 | |
| Trade debts | 44 | €4,664 | €13,044 | +€8,379 | +179.7% |
| Suppliers | 440/4 | €4,664 | €13,044 | +€8,379 | +179.7% |
| Taxes, remuneration and social security | 45 | €15,419 | €25,480 | +€10,061 | +65.2% |
| Taxes | 450/3 | €2,769 | €3,571 | +€802 | +29.0% |
| Remuneration and social security | 454/9 | €12,650 | €21,909 | +€9,259 | +73.2% |
| Other amounts payable | 47/48 | €1,794 | €7,576 | +€5,781 | +322.2% |
| Turnover | 70 | €690,463 | €776,481 | +€86,018 | +12.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €680,633 | €779,165 | +€98,532 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,976 | €7,410 | +€2,434 | +48.9% |
| Other operating charges | 640/8 | €3,839 | €7,278 | +€3,438 | +89.6% |
| Gross operating margin | 9900 | €13,430 | -€285 | -€13,714 | |
| Operating profit (loss) | 9901 | €4,615 | -€14,972 | -€19,587 | |
| Financial charges | 65/66B | €1,385 | €7,463 | +€6,078 | +438.8% |
| Recurring financial charges | 65 | €1,385 | €7,463 | +€6,078 | +438.8% |
| Profit (loss) for the period before taxes | 9903 | €3,230 | -€22,435 | -€25,664 | |
| Income taxes | 67/77 | €344 | €847 | +€502 | +145.8% |
| Profit (loss) for the period | 9904 | €2,885 | -€23,282 | -€26,167 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,885 | -€23,282 | -€26,167 |
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 7 October 2026 via checked.be.