DAYBREAK: 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.
DAYBREAK
Largest movements
- Cash +€32,600
up €32,600 (+177%), from €18,419 to €51,019
mainly Contributions, distributions and other (+€80,934) and Net result for the year (+€50,995)
- Contributions +€80,933
up €80,933 (+324%), from €25,000 to €105,933
- Other debts -€54,577
down €54,577 (-48.8%), from €111,926 to €57,349
- Profit (loss) carried forward +€50,996
up €50,996 (+35.7%), from -€142,774 to -€91,778
- Debts after one year -€34,924
down €34,924 (-22.3%), from €156,764 to €121,840
- Trade debts -€21,028
down €21,028 (-79.0%), from €26,607 to €5,579
- Gross operating margin +€171,048
up €171,048, from -€68,600 to €102,448
- Financial income -€60,657
down €60,657 (-86.9%), from €69,779 to €9,122
of which Financial income: -€61,220
- Financial charges -€46,449
down €46,449 (-84.0%), from €55,319 to €8,870
of which Non-recurring financial charges: -€43,101
- Depreciation +€7,292
up €7,292 (+25.5%), from €28,624 to €35,916
- Other operating charges -€4,852
down €4,852 (-44.5%), from €10,893 to €6,041
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 | €314,630 | €350,010 | +€35,380 | +11.2% |
| Formation expenses | 20 | - | €1,301 | +€1,301 | |
| Fixed assets | 21/28 | €242,337 | €245,614 | +€3,277 | +1.4% |
| Tangible fixed assets | 22/27 | €240,418 | €243,695 | +€3,277 | +1.4% |
| Land and buildings | 22 | €143,216 | €127,221 | -€15,995 | -11.2% |
| Plant, machinery and equipment | 23 | €1,373 | €801 | -€572 | -41.7% |
| Furniture and vehicles | 24 | €47,307 | €69,453 | +€22,146 | +46.8% |
| Other tangible fixed assets | 26 | €48,522 | €46,220 | -€2,302 | -4.7% |
| Financial fixed assets | 28 | €1,919 | €1,919 | = | 0.0% |
| Current assets | 29/58 | €72,293 | €103,095 | +€30,802 | +42.6% |
| Amounts receivable within one year | 40/41 | €46,549 | €44,570 | -€1,979 | -4.3% |
| Trade receivables | 40 | €26,768 | €34,829 | +€8,061 | +30.1% |
| Other amounts receivable | 41 | €19,781 | €9,741 | -€10,040 | -50.8% |
| Cash at bank and in hand | 54/58 | €18,419 | €51,019 | +€32,600 | +177% |
| Deferred charges and accrued income | 490/1 | €7,325 | €7,506 | +€181 | +2.5% |
| Total equity and liabilities | 10/49 | €314,630 | €350,010 | +€35,380 | +11.2% |
| Equity | 10/15 | -€30,947 | €100,982 | +€131,929 | |
| Contributions | 10/11 | €25,000 | €105,933 | +€80,933 | +324% |
| Revaluation surpluses | 12 | €25,500 | €25,500 | = | 0.0% |
| Reserves | 13 | €61,327 | €61,327 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €58,827 | €58,827 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€142,774 | -€91,778 | +€50,996 | +35.7% |
| Amounts payable | 17/49 | €345,577 | €249,028 | -€96,549 | -27.9% |
| Amounts payable after more than one year | 17 | €156,764 | €121,840 | -€34,924 | -22.3% |
| Financial debts | 170/4 | €156,764 | €121,840 | -€34,924 | -22.3% |
| Amounts payable within one year | 42/48 | €188,813 | €117,702 | -€71,111 | -37.7% |
| Current portion of amounts payable after more than one year | 42 | €37,448 | €37,000 | -€448 | -1.2% |
| Trade debts | 44 | €26,607 | €5,579 | -€21,028 | -79.0% |
| Suppliers | 440/4 | €26,607 | €5,579 | -€21,028 | -79.0% |
| Taxes, remuneration and social security | 45 | €12,832 | €17,774 | +€4,942 | +38.5% |
| Taxes | 450/3 | €80 | €4,400 | +€4,320 | +5,400% |
| Remuneration and social security | 454/9 | €12,752 | €13,374 | +€622 | +4.9% |
| Other amounts payable | 47/48 | €111,926 | €57,349 | -€54,577 | -48.8% |
| Accrued charges and deferred income | 492/3 | - | €9,486 | +€9,486 | |
| Remuneration, social security and pensions | 62 | €13,452 | €9,484 | -€3,968 | -29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,624 | €35,916 | +€7,292 | +25.5% |
| Other operating charges | 640/8 | €10,893 | €6,041 | -€4,852 | -44.5% |
| Gross operating margin | 9900 | -€68,600 | €102,448 | +€171,048 | |
| Operating profit (loss) | 9901 | -€121,569 | €51,007 | +€172,576 | |
| Financial income | 75/76B | €69,779 | €9,122 | -€60,657 | -86.9% |
| Recurring financial income | 75 | €69,103 | €7,883 | -€61,220 | -88.6% |
| Non-recurring financial income | 76B | €676 | €1,239 | +€563 | +83.3% |
| Financial charges | 65/66B | €55,319 | €8,870 | -€46,449 | -84.0% |
| Recurring financial charges | 65 | €8,911 | €5,563 | -€3,348 | -37.6% |
| Non-recurring financial charges | 66B | €46,408 | €3,307 | -€43,101 | -92.9% |
| Profit (loss) for the period before taxes | 9903 | -€107,109 | €51,259 | +€158,368 | |
| Income taxes | 67/77 | €259 | €264 | +€5 | +1.9% |
| Profit (loss) for the period | 9904 | -€107,368 | €50,995 | +€158,363 | |
| Profit (loss) for the period to be appropriated | 9905 | -€107,368 | €50,995 | +€158,363 |
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 17 October 2026 via checked.be.