DAZE: what changed
Two fiscal 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.
DAZE
Largest movements
- Cash -€42,354
down €42,354 (-13.8%), from €306,100 to €263,746
mainly Tax, wage and social debts (-€51,160) and Receivables within one year (-€16,481)
- Receivables within one year +€16,481
up €16,481 (+10.3%), from €160,457 to €176,938
of which Other amounts receivable: +€20,772
- Tangible fixed assets +€10,663
up €10,663 (+651.4%), from €1,637 to €12,300
of which Other tangible fixed assets: +€11,289
- Stocks and contracts -€7,230
down €7,230 (-27.4%), from €26,430 to €19,200
- Tax, wage and social debts -€51,160
down €51,160 (-79.4%), from €64,456 to €13,295
of which Taxes: -€49,180
- Trade debts +€27,451
up €27,451 (+79.4%), from €34,573 to €62,024
- Reserves +€18,464
up €18,464 (+7.1%), from €259,754 to €278,218
of which Distributable reserves: +€18,464
- Accrued charges and deferred income -€8,406
down €8,406 (-100.0%), from €8,406 to €0
- Gross operating margin -€144,503
down €144,503 (-72.2%), from €200,174 to €55,671
- Staff costs -€31,356
down €31,356 (-44.7%), from €70,081 to €38,725
- Taxes -€29,763
down €29,763 (-82.6%), from €36,053 to €6,291
- Financial charges -€2,174
down €2,174 (-65.9%), from €3,298 to €1,124
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 | €495,209 | €472,779 | -€22,430 | -4.5% |
| Fixed assets | 21/28 | €1,776 | €12,440 | +€10,663 | +600.3% |
| Tangible fixed assets | 22/27 | €1,637 | €12,300 | +€10,663 | +651.4% |
| Plant, machinery and equipment | 23 | €1,637 | €1,011 | -€626 | -38.3% |
| Other tangible fixed assets | 26 | - | €11,289 | +€11,289 | |
| Financial fixed assets | 28 | €140 | €140 | = | 0.0% |
| Current assets | 29/58 | €493,433 | €460,340 | -€33,093 | -6.7% |
| Stocks and contracts in progress | 3 | €26,430 | €19,200 | -€7,230 | -27.4% |
| Stocks | 30/36 | €26,430 | €19,200 | -€7,230 | -27.4% |
| Amounts receivable within one year | 40/41 | €160,457 | €176,938 | +€16,481 | +10.3% |
| Trade receivables | 40 | €5,102 | €811 | -€4,291 | -84.1% |
| Other amounts receivable | 41 | €155,355 | €176,127 | +€20,772 | +13.4% |
| Cash at bank and in hand | 54/58 | €306,100 | €263,746 | -€42,354 | -13.8% |
| Deferred charges and accrued income | 490/1 | €446 | €456 | +€10 | +2.3% |
| Total equity and liabilities | 10/49 | €495,209 | €472,779 | -€22,430 | -4.5% |
| Equity | 10/15 | €359,754 | €378,218 | +€18,464 | +5.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €259,754 | €278,218 | +€18,464 | +7.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €259,754 | €278,218 | +€18,464 | +7.1% |
| Provisions and deferred taxes | 16 | €12,505 | €8,029 | -€4,477 | -35.8% |
| Provisions for liabilities and charges | 160/5 | €12,505 | €8,029 | -€4,477 | -35.8% |
| Major repairs and maintenance | 162 | €12,505 | €8,029 | -€4,477 | -35.8% |
| Amounts payable | 17/49 | €122,949 | €86,533 | -€36,417 | -29.6% |
| Amounts payable after more than one year | 17 | €4,286 | €4,286 | = | 0.0% |
| Financial debts | 170/4 | €4,286 | €4,286 | = | 0.0% |
| Amounts payable within one year | 42/48 | €110,257 | €82,246 | -€28,011 | -25.4% |
| Trade debts | 44 | €34,573 | €62,024 | +€27,451 | +79.4% |
| Suppliers | 440/4 | €34,573 | €62,024 | +€27,451 | +79.4% |
| Taxes, remuneration and social security | 45 | €64,456 | €13,295 | -€51,160 | -79.4% |
| Taxes | 450/3 | €61,715 | €12,535 | -€49,180 | -79.7% |
| Remuneration and social security | 454/9 | €2,740 | €760 | -€1,980 | -72.3% |
| Other amounts payable | 47/48 | €11,229 | €6,928 | -€4,301 | -38.3% |
| Accrued charges and deferred income | 492/3 | €8,406 | €0 | -€8,406 | -100.0% |
| Remuneration, social security and pensions | 62 | €70,081 | €38,725 | -€31,356 | -44.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €463 | €1,400 | +€937 | +202.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€6,320 | -€4,477 | +€1,843 | +29.2% |
| Other operating charges | 640/8 | €1,211 | €769 | -€442 | -36.5% |
| Gross operating margin | 9900 | €200,174 | €55,671 | -€144,503 | -72.2% |
| Operating profit (loss) | 9901 | €134,739 | €19,254 | -€115,485 | -85.7% |
| Financial income | 75/76B | €5,263 | €6,624 | +€1,362 | +25.9% |
| Recurring financial income | 75 | €5,263 | €6,624 | +€1,362 | +25.9% |
| Financial charges | 65/66B | €3,298 | €1,124 | -€2,174 | -65.9% |
| Recurring financial charges | 65 | €3,298 | €1,124 | -€2,174 | -65.9% |
| Profit (loss) for the period before taxes | 9903 | €136,704 | €24,754 | -€111,949 | -81.9% |
| Income taxes | 67/77 | €36,053 | €6,291 | -€29,763 | -82.6% |
| Profit (loss) for the period | 9904 | €100,651 | €18,464 | -€82,187 | -81.7% |
| Profit (loss) for the period to be appropriated | 9905 | €100,651 | €18,464 | -€82,187 | -81.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.