Daudé Fabrication: 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.
Daudé Fabrication
Largest movements
- Financial fixed assets -€339,500
no longer reported in 2025 (was €339,500)
- Tangible fixed assets -€119,820
down €119,820 (-3.8%), from €3.2m to €3.1m
- Cash -€97,219
down €97,219 (-74.2%), from €131,085 to €33,867
mainly Net result for the year (-€360,786) and Short-term financial debts (-€196,606)
- Receivables within one year -€64,505
down €64,505 (-14.8%), from €436,326 to €371,821
of which Trade receivables: -€84,391
- Profit (loss) carried forward -€341,044
down €341,044 (-90.7%), from -€375,911 to -€716,955
- Investment grants +€217,373
new in 2025: €217,373
- Short-term financial debts -€196,606
down €196,606 (-54.8%), from €358,918 to €162,312
of which Credit institutions: -€197,012
- Debts after one year -€135,771
down €135,771 (-4.6%), from €3.0m to €2.8m
of which Financial debts: -€135,771
- Trade debts -€114,945
down €114,945 (-52.5%), from €219,147 to €104,202
- Financial charges +€359,980
up €359,980 (+256%), from €140,837 to €500,817
of which Non-recurring financial charges: +€339,500
- Staff costs -€145,750
down €145,750 (-13.9%), from €1.0m to €900,947
- Gross operating margin -€108,494
down €108,494 (-8.2%), from €1.3m to €1.2m
- Financial income +€88,187
up €88,187 (+2,840%), from €3,105 to €91,293
of which Financial income: +€66,742
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 | €4,947,253 | €4,252,824 | -€694,430 | -14.0% |
| Fixed assets | 21/28 | €3,778,405 | €3,283,133 | -€495,272 | -13.1% |
| Intangible fixed assets | 21 | €266,540 | €230,589 | -€35,952 | -13.5% |
| Tangible fixed assets | 22/27 | €3,172,365 | €3,052,545 | -€119,820 | -3.8% |
| Land and buildings | 22 | €2,691,646 | €2,633,790 | -€57,856 | -2.1% |
| Plant, machinery and equipment | 23 | €430,007 | €388,961 | -€41,046 | -9.5% |
| Furniture and vehicles | 24 | €16,090 | €5,989 | -€10,101 | -62.8% |
| Leasing and similar rights | 25 | €34,622 | €23,804 | -€10,818 | -31.2% |
| Financial fixed assets | 28 | €339,500 | - | -€339,500 | |
| Current assets | 29/58 | €1,168,848 | €969,690 | -€199,158 | -17.0% |
| Stocks and contracts in progress | 3 | €536,403 | €526,151 | -€10,252 | -1.9% |
| Stocks | 30/36 | €536,403 | €526,151 | -€10,252 | -1.9% |
| Amounts receivable within one year | 40/41 | €436,326 | €371,821 | -€64,505 | -14.8% |
| Trade receivables | 40 | €317,695 | €233,304 | -€84,391 | -26.6% |
| Other amounts receivable | 41 | €118,631 | €138,517 | +€19,886 | +16.8% |
| Cash at bank and in hand | 54/58 | €131,085 | €33,867 | -€97,219 | -74.2% |
| Deferred charges and accrued income | 490/1 | €65,033 | €37,851 | -€27,182 | -41.8% |
| Total equity and liabilities | 10/49 | €4,947,253 | €4,252,824 | -€694,430 | -14.0% |
| Equity | 10/15 | €620,004 | €476,591 | -€143,413 | -23.1% |
| Contributions | 10/11 | €660,300 | €660,300 | = | 0.0% |
| Reserves | 13 | €335,614 | €315,872 | -€19,742 | -5.9% |
| Tax-exempt reserves | 132 | €335,614 | €315,872 | -€19,742 | -5.9% |
| Profit (loss) carried forward | 14 | -€375,911 | -€716,955 | -€341,044 | -90.7% |
| Investment grants | 15 | - | €217,373 | +€217,373 | |
| Provisions and deferred taxes | 16 | €111,871 | €105,291 | -€6,581 | -5.9% |
| Deferred taxes | 168 | €111,871 | €105,291 | -€6,581 | -5.9% |
| Amounts payable | 17/49 | €4,215,378 | €3,670,942 | -€544,436 | -12.9% |
| Amounts payable after more than one year | 17 | €2,972,790 | €2,837,019 | -€135,771 | -4.6% |
| Financial debts | 170/4 | €2,927,854 | €2,792,083 | -€135,771 | -4.6% |
| Other amounts payable | 178/9 | €44,936 | €44,936 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,167,667 | €784,236 | -€383,431 | -32.8% |
| Current portion of amounts payable after more than one year | 42 | €300,222 | €281,010 | -€19,212 | -6.4% |
| Financial debts | 43 | €358,918 | €162,312 | -€196,606 | -54.8% |
| Credit institutions | 430/8 | €358,918 | €161,906 | -€197,012 | -54.9% |
| Other loans | 439 | - | €406 | +€406 | |
| Trade debts | 44 | €219,147 | €104,202 | -€114,945 | -52.5% |
| Suppliers | 440/4 | €219,147 | €104,202 | -€114,945 | -52.5% |
| Advances received on contracts in progress | 46 | €23,072 | - | -€23,072 | |
| Taxes, remuneration and social security | 45 | €212,297 | €177,822 | -€34,475 | -16.2% |
| Taxes | 450/3 | €36,043 | €20,836 | -€15,208 | -42.2% |
| Remuneration and social security | 454/9 | €176,254 | €156,986 | -€19,268 | -10.9% |
| Other amounts payable | 47/48 | €54,010 | €58,890 | +€4,880 | +9.0% |
| Accrued charges and deferred income | 492/3 | €74,922 | €49,688 | -€25,234 | -33.7% |
| Remuneration, social security and pensions | 62 | €1,046,698 | €900,947 | -€145,750 | -13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €246,875 | €259,745 | +€12,871 | +5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,285 | +€5,285 | |
| Other operating charges | 640/8 | €1,818 | €4,010 | +€2,192 | +121% |
| Gross operating margin | 9900 | €1,320,639 | €1,212,145 | -€108,494 | -8.2% |
| Operating profit (loss) | 9901 | €25,249 | €42,158 | +€16,909 | +67.0% |
| Financial income | 75/76B | €3,105 | €91,293 | +€88,187 | +2,840% |
| Recurring financial income | 75 | €3,105 | €69,848 | +€66,742 | +2,149% |
| Non-recurring financial income | 76B | - | €21,445 | +€21,445 | |
| Financial charges | 65/66B | €140,837 | €500,817 | +€359,980 | +256% |
| Recurring financial charges | 65 | €140,837 | €161,317 | +€20,480 | +14.5% |
| Non-recurring financial charges | 66B | - | €339,500 | +€339,500 | |
| Profit (loss) for the period before taxes | 9903 | -€112,483 | -€367,367 | -€254,884 | -227% |
| Transfer from deferred taxes | 780 | €6,581 | €6,581 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€105,902 | -€360,786 | -€254,884 | -241% |
| Transfer from tax-exempt reserves | 789 | €19,742 | €19,742 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€86,160 | -€341,044 | -€254,884 | -296% |
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 31 October 2026 via checked.be.