DAYAGI M.H.: 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.
DAYAGI M.H.
Largest movements
- Financial fixed assets -€33,593
down €33,593 (-99.8%), from €33,668 to €75
- Stocks and contracts -€14,714
down €14,714 (-9.6%), from €153,795 to €139,082
- Receivables within one year -€5,493
down €5,493 (-88.8%), from €6,185 to €692
of which Trade receivables: -€4,620
- Profit (loss) carried forward -€57,567
down €57,567 (-14.9%), from -€385,377 to -€442,944
- Other debts +€21,901
up €21,901 (+25.7%), from €85,211 to €107,113
- Trade debts -€15,304
down €15,304 (-46.1%), from €33,198 to €17,893
- Short-term financial debts -€10,767
down €10,767 (-29.7%), from €36,298 to €25,530
- Tax, wage and social debts +€4,600
up €4,600 (+92.0%), from €5,000 to €9,600
- Financial charges -€21,699
down €21,699 (-77.9%), from €27,849 to €6,150
- Gross operating margin -€21,040
down €21,040 (-70.7%), from -€29,755 to -€50,795
- Taxes +€2,100
up €2,100 (+84.0%), from €2,500 to €4,600
- Financial income +€823
up €823 (+15.5%), from €5,314 to €6,136
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 | €222,992 | €165,855 | -€57,137 | -25.6% |
| Fixed assets | 21/28 | €53,637 | €18,771 | -€34,866 | -65.0% |
| Tangible fixed assets | 22/27 | €19,969 | €18,696 | -€1,273 | -6.4% |
| Land and buildings | 22 | €19,969 | €18,696 | -€1,273 | -6.4% |
| Financial fixed assets | 28 | €33,668 | €75 | -€33,593 | -99.8% |
| Current assets | 29/58 | €169,355 | €147,084 | -€22,271 | -13.2% |
| Stocks and contracts in progress | 3 | €153,795 | €139,082 | -€14,714 | -9.6% |
| Stocks | 30/36 | €153,795 | €139,082 | -€14,714 | -9.6% |
| Amounts receivable within one year | 40/41 | €6,185 | €692 | -€5,493 | -88.8% |
| Trade receivables | 40 | €4,620 | - | -€4,620 | |
| Other amounts receivable | 41 | €1,565 | €692 | -€873 | -55.8% |
| Cash at bank and in hand | 54/58 | €9,375 | €7,311 | -€2,064 | -22.0% |
| Total equity and liabilities | 10/49 | €222,992 | €165,855 | -€57,137 | -25.6% |
| Equity | 10/15 | -€225,482 | -€283,048 | -€57,567 | -25.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €13,136 | €13,136 | = | 0.0% |
| Reserves | 13 | €128,160 | €128,160 | = | 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% |
| Distributable reserves | 133 | €126,300 | €126,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€385,377 | -€442,944 | -€57,567 | -14.9% |
| Amounts payable | 17/49 | €448,474 | €448,903 | +€429 | +0.1% |
| Amounts payable after more than one year | 17 | €288,767 | €288,767 | +€0 | 0.0% |
| Financial debts | 170/4 | €288,767 | €288,767 | +€0 | 0.0% |
| Amounts payable within one year | 42/48 | €159,707 | €160,136 | +€429 | +0.3% |
| Financial debts | 43 | €36,298 | €25,530 | -€10,767 | -29.7% |
| Credit institutions | 430/8 | €36,298 | €25,530 | -€10,767 | -29.7% |
| Trade debts | 44 | €33,198 | €17,893 | -€15,304 | -46.1% |
| Suppliers | 440/4 | €33,198 | €17,893 | -€15,304 | -46.1% |
| Taxes, remuneration and social security | 45 | €5,000 | €9,600 | +€4,600 | +92.0% |
| Taxes | 450/3 | €5,000 | €9,600 | +€4,600 | +92.0% |
| Other amounts payable | 47/48 | €85,211 | €107,113 | +€21,901 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,273 | €1,273 | = | 0.0% |
| Other operating charges | 640/8 | €889 | €885 | -€5 | -0.5% |
| Gross operating margin | 9900 | -€29,755 | -€50,795 | -€21,040 | -70.7% |
| Operating profit (loss) | 9901 | -€31,918 | -€52,953 | -€21,035 | -65.9% |
| Financial income | 75/76B | €5,314 | €6,136 | +€823 | +15.5% |
| Recurring financial income | 75 | €5,314 | €6,136 | +€823 | +15.5% |
| Financial charges | 65/66B | €27,849 | €6,150 | -€21,699 | -77.9% |
| Recurring financial charges | 65 | €27,849 | €6,150 | -€21,699 | -77.9% |
| Profit (loss) for the period before taxes | 9903 | -€54,453 | -€52,967 | +€1,486 | +2.7% |
| Income taxes | 67/77 | €2,500 | €4,600 | +€2,100 | +84.0% |
| Profit (loss) for the period | 9904 | -€56,953 | -€57,567 | -€614 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,953 | -€57,567 | -€614 | -1.1% |
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 21 October 2026 via checked.be.