DAUGE CHRISTOPHE: 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.
DAUGE CHRISTOPHE
Largest movements
- Tangible fixed assets +€249,309
up €249,309 (+166%), from €150,392 to €399,700
of which Plant, machinery and equipment: +€260,160
- Cash +€165,773
up €165,773 (+48.1%), from €344,468 to €510,241
mainly Debts after one year (+€301,391) and Net result for the year (+€171,231)
- Current investments +€47,418
up €47,418 (+7.7%), from €612,324 to €659,743
- Debts after one year +€301,391
up €301,391 (+13,562%), from €2,222 to €303,614
- Reserves +€171,231
up €171,231 (+17.0%), from €1.0m to €1.2m
of which Distributable reserves: +€171,231
- Gross operating margin +€29,242
up €29,242 (+12.1%), from €242,298 to €271,540
- Financial charges +€6,266
up €6,266 (+35.7%), from €17,560 to €23,826
- Depreciation +€3,880
up €3,880 (+32.7%), from €11,850 to €15,729
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 | €1,320,989 | €1,783,498 | +€462,509 | +35.0% |
| Fixed assets | 21/28 | €155,392 | €404,700 | +€249,309 | +160% |
| Tangible fixed assets | 22/27 | €150,392 | €399,700 | +€249,309 | +166% |
| Land and buildings | 22 | €124,122 | €119,722 | -€4,400 | -3.5% |
| Plant, machinery and equipment | 23 | €14,756 | €274,915 | +€260,160 | +1,763% |
| Furniture and vehicles | 24 | €11,514 | €5,063 | -€6,451 | -56.0% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €1,165,597 | €1,378,798 | +€213,200 | +18.3% |
| Amounts receivable within one year | 40/41 | €206,127 | €208,606 | +€2,479 | +1.2% |
| Other amounts receivable | 41 | €206,127 | €208,606 | +€2,479 | +1.2% |
| Current investments | 50/53 | €612,324 | €659,743 | +€47,418 | +7.7% |
| Cash at bank and in hand | 54/58 | €344,468 | €510,241 | +€165,773 | +48.1% |
| Deferred charges and accrued income | 490/1 | €2,679 | €209 | -€2,470 | -92.2% |
| Total equity and liabilities | 10/49 | €1,320,989 | €1,783,498 | +€462,509 | +35.0% |
| Equity | 10/15 | €1,020,047 | €1,191,278 | +€171,231 | +16.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,007,647 | €1,178,878 | +€171,231 | +17.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,005,792 | €1,177,023 | +€171,231 | +17.0% |
| Amounts payable | 17/49 | €300,942 | €592,220 | +€291,278 | +96.8% |
| Amounts payable after more than one year | 17 | €2,222 | €303,614 | +€301,391 | +13,562% |
| Financial debts | 170/4 | €2,222 | €303,614 | +€301,391 | +13,562% |
| Amounts payable within one year | 42/48 | €298,720 | €288,607 | -€10,114 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €55,242 | €48,726 | -€6,516 | -11.8% |
| Trade debts | 44 | €574 | €263 | -€311 | -54.3% |
| Suppliers | 440/4 | €574 | €263 | -€311 | -54.3% |
| Taxes, remuneration and social security | 45 | €31,147 | €37,415 | +€6,268 | +20.1% |
| Taxes | 450/3 | €31,147 | €37,415 | +€6,268 | +20.1% |
| Other amounts payable | 47/48 | €211,757 | €202,202 | -€9,555 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,850 | €15,729 | +€3,880 | +32.7% |
| Other operating charges | 640/8 | €2,598 | €2,878 | +€280 | +10.8% |
| Gross operating margin | 9900 | €242,298 | €271,540 | +€29,242 | +12.1% |
| Operating profit (loss) | 9901 | €227,851 | €252,933 | +€25,083 | +11.0% |
| Financial income | 75/76B | €6,050 | €7,744 | +€1,693 | +28.0% |
| Recurring financial income | 75 | €6,050 | €7,744 | +€1,693 | +28.0% |
| Financial charges | 65/66B | €17,560 | €23,826 | +€6,266 | +35.7% |
| Recurring financial charges | 65 | €17,560 | €23,826 | +€6,266 | +35.7% |
| Profit (loss) for the period before taxes | 9903 | €216,341 | €236,851 | +€20,510 | +9.5% |
| Income taxes | 67/77 | €64,893 | €65,620 | +€726 | +1.1% |
| Profit (loss) for the period | 9904 | €151,448 | €171,231 | +€19,784 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €151,448 | €171,231 | +€19,784 | +13.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.