DAYLIGHT: 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.
DAYLIGHT
Largest movements
- Cash -€42,785
down €42,785 (-28.9%), from €147,999 to €105,214
mainly Trade debts (-€41,481) and Receivables within one year (-€12,697)
- Receivables within one year +€12,697
up €12,697 (+59.7%), from €21,250 to €33,947
of which Trade receivables: +€28,312
- Tangible fixed assets -€7,401
down €7,401 (-20.0%), from €36,946 to €29,545
of which Furniture and vehicles: -€5,034
- Stocks and contracts +€5,318
up €5,318 (+4.6%), from €114,748 to €120,065
- Reserves +€69,941
up €69,941 (+41.4%), from €168,750 to €238,691
of which Distributable reserves: +€69,941
- Profit (loss) carried forward -€44,992
down €44,992 (-92.0%), from €48,889 to €3,898
- Trade debts -€41,481
down €41,481 (-64.2%), from €64,602 to €23,121
- Debts after one year -€4,759
no longer reported in 2025 (was €4,759)
- Current portion of long-term debt -€4,587
down €4,587 (-49.1%), from €9,347 to €4,759
- Financial charges -€249,856
down €249,856 (-99.6%), from €250,872 to €1,016
of which Non-recurring financial charges: -€250,000
- Financial income -€10,006
down €10,006 (-94.0%), from €10,645 to €639
of which Non-recurring financial income: -€9,002
- Gross operating margin +€9,662
up €9,662 (+27.4%), from €35,208 to €44,870
- Depreciation -€9,499
down €9,499 (-60.6%), from €15,670 to €6,172
- Taxes +€4,988
up €4,988 (+230918.5%), from €2 to €4,990
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 | €332,641 | €301,210 | -€31,431 | -9.4% |
| Fixed assets | 21/28 | €42,989 | €35,634 | -€7,355 | -17.1% |
| Tangible fixed assets | 22/27 | €36,946 | €29,545 | -€7,401 | -20.0% |
| Plant, machinery and equipment | 23 | €5,055 | €4,232 | -€823 | -16.3% |
| Furniture and vehicles | 24 | €15,289 | €10,255 | -€5,034 | -32.9% |
| Other tangible fixed assets | 26 | €16,602 | €15,057 | -€1,545 | -9.3% |
| Financial fixed assets | 28 | €6,043 | €6,089 | +€46 | +0.8% |
| Current assets | 29/58 | €289,652 | €265,576 | -€24,076 | -8.3% |
| Stocks and contracts in progress | 3 | €114,748 | €120,065 | +€5,318 | +4.6% |
| Stocks | 30/36 | €114,748 | €120,065 | +€5,318 | +4.6% |
| Amounts receivable within one year | 40/41 | €21,250 | €33,947 | +€12,697 | +59.7% |
| Trade receivables | 40 | €5,635 | €33,947 | +€28,312 | +502.4% |
| Other amounts receivable | 41 | €15,615 | - | -€15,615 | |
| Cash at bank and in hand | 54/58 | €147,999 | €105,214 | -€42,785 | -28.9% |
| Deferred charges and accrued income | 490/1 | €5,656 | €6,350 | +€694 | +12.3% |
| Total equity and liabilities | 10/49 | €332,641 | €301,210 | -€31,431 | -9.4% |
| Equity | 10/15 | €236,231 | €261,181 | +€24,949 | +10.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €168,750 | €238,691 | +€69,941 | +41.4% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €150,000 | €219,941 | +€69,941 | +46.6% |
| Profit (loss) carried forward | 14 | €48,889 | €3,898 | -€44,992 | -92.0% |
| Amounts payable | 17/49 | €96,410 | €40,029 | -€56,381 | -58.5% |
| Amounts payable after more than one year | 17 | €4,759 | - | -€4,759 | |
| Financial debts | 170/4 | €4,759 | - | -€4,759 | |
| Amounts payable within one year | 42/48 | €88,398 | €37,407 | -€50,990 | -57.7% |
| Current portion of amounts payable after more than one year | 42 | €9,347 | €4,759 | -€4,587 | -49.1% |
| Trade debts | 44 | €64,602 | €23,121 | -€41,481 | -64.2% |
| Suppliers | 440/4 | €64,602 | €23,121 | -€41,481 | -64.2% |
| Taxes, remuneration and social security | 45 | €12,982 | €9,026 | -€3,956 | -30.5% |
| Taxes | 450/3 | €12,982 | €9,026 | -€3,956 | -30.5% |
| Other amounts payable | 47/48 | €1,467 | €502 | -€965 | -65.8% |
| Accrued charges and deferred income | 492/3 | €3,253 | €2,622 | -€631 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,670 | €6,172 | -€9,499 | -60.6% |
| Other operating charges | 640/8 | €3,787 | €7,000 | +€3,213 | +84.8% |
| Non-recurring operating charges | 66A | €0 | €1,382 | +€1,382 | |
| Gross operating margin | 9900 | €35,208 | €44,870 | +€9,662 | +27.4% |
| Operating profit (loss) | 9901 | €15,751 | €30,316 | +€14,565 | +92.5% |
| Financial income | 75/76B | €10,645 | €639 | -€10,006 | -94.0% |
| Recurring financial income | 75 | €1,642 | €639 | -€1,003 | -61.1% |
| Non-recurring financial income | 76B | €9,002 | - | -€9,002 | |
| Financial charges | 65/66B | €250,872 | €1,016 | -€249,856 | -99.6% |
| Recurring financial charges | 65 | €872 | €1,016 | +€144 | +16.5% |
| Non-recurring financial charges | 66B | €250,000 | - | -€250,000 | |
| Profit (loss) for the period before taxes | 9903 | -€224,476 | €29,939 | +€254,416 | |
| Income taxes | 67/77 | €2 | €4,990 | +€4,988 | +230918.5% |
| Profit (loss) for the period | 9904 | -€224,478 | €24,949 | +€249,428 | |
| Profit (loss) for the period to be appropriated | 9905 | -€224,478 | €24,949 | +€249,428 |
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 10 October 2026 via checked.be.