DAZILO: 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.
DAZILO
Largest movements
- Current investments +€129,828
up €129,828 (+138.5%), from €93,728 to €223,556
- Financial fixed assets -€108,528
down €108,528 (-100.0%), from €108,528 to €0
- Cash -€42,545
down €42,545 (-26.8%), from €158,456 to €115,911
mainly Current investments (-€129,828) and Other debts (-€126,290)
- Tangible fixed assets -€22,608
down €22,608 (-18.9%), from €119,631 to €97,022
of which Land and buildings: -€11,443
- Receivables within one year -€10,751
down €10,751 (-63.5%), from €16,928 to €6,177
of which Other amounts receivable: -€11,326
- Other debts -€126,290
down €126,290 (-46.6%), from €271,199 to €144,909
- Reserves +€71,119
up €71,119 (+34.6%), from €205,778 to €276,897
of which Distributable reserves: +€71,119
- Debts after one year -€10,478
down €10,478 (-70.3%), from €14,898 to €4,419
- Gross operating margin -€8,957
down €8,957 (-7.2%), from €125,235 to €116,277
- Taxes -€5,375
down €5,375 (-21.7%), from €24,734 to €19,359
- Depreciation -€3,931
down €3,931 (-14.0%), from €28,089 to €24,158
- Financial charges -€3,038
down €3,038, from €1,368 to -€1,670
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 | €522,771 | €462,523 | -€60,249 | -11.5% |
| Fixed assets | 21/28 | €228,159 | €97,022 | -€131,136 | -57.5% |
| Tangible fixed assets | 22/27 | €119,631 | €97,022 | -€22,608 | -18.9% |
| Land and buildings | 22 | €41,224 | €29,781 | -€11,443 | -27.8% |
| Plant, machinery and equipment | 23 | €75,669 | €65,106 | -€10,563 | -14.0% |
| Furniture and vehicles | 24 | €2,738 | €2,135 | -€602 | -22.0% |
| Financial fixed assets | 28 | €108,528 | €0 | -€108,528 | -100.0% |
| Current assets | 29/58 | €294,613 | €365,501 | +€70,888 | +24.1% |
| Stocks and contracts in progress | 3 | €22,735 | €17,803 | -€4,932 | -21.7% |
| Stocks | 30/36 | €22,735 | €17,803 | -€4,932 | -21.7% |
| Amounts receivable within one year | 40/41 | €16,928 | €6,177 | -€10,751 | -63.5% |
| Trade receivables | 40 | €354 | €929 | +€575 | +162.1% |
| Other amounts receivable | 41 | €16,574 | €5,248 | -€11,326 | -68.3% |
| Current investments | 50/53 | €93,728 | €223,556 | +€129,828 | +138.5% |
| Cash at bank and in hand | 54/58 | €158,456 | €115,911 | -€42,545 | -26.8% |
| Deferred charges and accrued income | 490/1 | €2,766 | €2,055 | -€711 | -25.7% |
| Total equity and liabilities | 10/49 | €522,771 | €462,523 | -€60,249 | -11.5% |
| Equity | 10/15 | €224,370 | €295,489 | +€71,119 | +31.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €205,778 | €276,897 | +€71,119 | +34.6% |
| Tax-exempt reserves | 132 | €24,943 | €24,943 | = | 0.0% |
| Distributable reserves | 133 | €180,835 | €251,954 | +€71,119 | +39.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €298,402 | €167,034 | -€131,367 | -44.0% |
| Amounts payable after more than one year | 17 | €14,898 | €4,419 | -€10,478 | -70.3% |
| Financial debts | 170/4 | €14,898 | €4,419 | -€10,478 | -70.3% |
| Amounts payable within one year | 42/48 | €283,504 | €162,615 | -€120,889 | -42.6% |
| Current portion of amounts payable after more than one year | 42 | €10,300 | €10,478 | +€178 | +1.7% |
| Trade debts | 44 | €547 | €2,138 | +€1,591 | +290.8% |
| Suppliers | 440/4 | €547 | €2,138 | +€1,591 | +290.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,458 | €5,090 | +€3,632 | +249.2% |
| Taxes | 450/3 | €1,458 | €5,090 | +€3,632 | +249.2% |
| Other amounts payable | 47/48 | €271,199 | €144,909 | -€126,290 | -46.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,089 | €24,158 | -€3,931 | -14.0% |
| Other operating charges | 640/8 | €5,169 | €5,015 | -€154 | -3.0% |
| Gross operating margin | 9900 | €125,235 | €116,277 | -€8,957 | -7.2% |
| Operating profit (loss) | 9901 | €91,977 | €87,105 | -€4,872 | -5.3% |
| Financial income | 75/76B | €1,637 | €1,704 | +€67 | +4.1% |
| Recurring financial income | 75 | €1,637 | €1,704 | +€67 | +4.1% |
| Financial charges | 65/66B | €1,368 | -€1,670 | -€3,038 | |
| Recurring financial charges | 65 | €1,368 | -€1,670 | -€3,038 | |
| Profit (loss) for the period before taxes | 9903 | €92,245 | €90,478 | -€1,767 | -1.9% |
| Income taxes | 67/77 | €24,734 | €19,359 | -€5,375 | -21.7% |
| Profit (loss) for the period | 9904 | €67,511 | €71,119 | +€3,608 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €67,511 | €71,119 | +€3,608 | +5.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.