De Dagvlinders: 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.
De Dagvlinders
Largest movements
- Cash -€137,845
down €137,845 (-95.6%), from €144,210 to €6,364
mainly Other debts (-€129,774) and Investment in fixed assets (net) (-€85,531)
- Tangible fixed assets +€72,179
up €72,179 (+879.4%), from €8,208 to €80,387
of which Furniture and vehicles: +€49,916
- Receivables within one year -€23,981
down €23,981 (-27.4%), from €87,533 to €63,552
- Receivables after one year -€19,368
down €19,368 (-77.2%), from €25,095 to €5,728
- Financial fixed assets +€3,473
up €3,473 (+1389.2%), from €250 to €3,723
- Other debts -€129,774
down €129,774 (-73.9%), from €175,623 to €45,850
- Debts after one year +€19,439
up €19,439 (+441.7%), from €4,401 to €23,840
- Profit (loss) carried forward -€5,182
down €5,182, from €0 to -€5,182
- Trade debts +€3,535
up €3,535 (+1980.4%), from €179 to €3,714
- Current portion of long-term debt +€2,996
up €2,996 (+58.0%), from €5,165 to €8,160
- Gross operating margin -€52,713
down €52,713 (-57.6%), from €91,455 to €38,743
- Staff costs +€24,128
new in 2025: €24,128
- Taxes -€22,288
down €22,288 (-92.0%), from €24,225 to €1,937
- Depreciation +€6,674
up €6,674 (+208.2%), from €3,205 to €9,879
- Other operating charges +€6,112
up €6,112 (+509.1%), from €1,201 to €7,312
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 | €267,514 | €161,466 | -€106,048 | -39.6% |
| Fixed assets | 21/28 | €8,458 | €84,110 | +€75,652 | +894.4% |
| Tangible fixed assets | 22/27 | €8,208 | €80,387 | +€72,179 | +879.4% |
| Land and buildings | 22 | €4,696 | €3,023 | -€1,673 | -35.6% |
| Plant, machinery and equipment | 23 | €92 | €1,238 | +€1,146 | +1250.6% |
| Furniture and vehicles | 24 | €3,420 | €53,336 | +€49,916 | +1459.5% |
| Other tangible fixed assets | 26 | - | €22,790 | +€22,790 | |
| Financial fixed assets | 28 | €250 | €3,723 | +€3,473 | +1389.2% |
| Current assets | 29/58 | €259,056 | €77,356 | -€181,700 | -70.1% |
| Amounts receivable after more than one year | 29 | €25,095 | €5,728 | -€19,368 | -77.2% |
| Other amounts receivable | 291 | €25,095 | €5,728 | -€19,368 | -77.2% |
| Amounts receivable within one year | 40/41 | €87,533 | €63,552 | -€23,981 | -27.4% |
| Other amounts receivable | 41 | €87,533 | €63,552 | -€23,981 | -27.4% |
| Cash at bank and in hand | 54/58 | €144,210 | €6,364 | -€137,845 | -95.6% |
| Deferred charges and accrued income | 490/1 | €2,218 | €1,712 | -€506 | -22.8% |
| Total equity and liabilities | 10/49 | €267,514 | €161,466 | -€106,048 | -39.6% |
| Equity | 10/15 | €73,652 | €68,471 | -€5,182 | -7.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €73,152 | €73,152 | = | 0.0% |
| Distributable reserves | 133 | €73,152 | €73,152 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€5,182 | -€5,182 | |
| Amounts payable | 17/49 | €193,861 | €92,995 | -€100,867 | -52.0% |
| Amounts payable after more than one year | 17 | €4,401 | €23,840 | +€19,439 | +441.7% |
| Financial debts | 170/4 | €4,401 | €23,840 | +€19,439 | +441.7% |
| Amounts payable within one year | 42/48 | €189,461 | €68,189 | -€121,272 | -64.0% |
| Current portion of amounts payable after more than one year | 42 | €5,165 | €8,160 | +€2,996 | +58.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €179 | €3,714 | +€3,535 | +1980.4% |
| Suppliers | 440/4 | €179 | €3,714 | +€3,535 | +1980.4% |
| Taxes, remuneration and social security | 45 | €8,495 | €10,465 | +€1,971 | +23.2% |
| Taxes | 450/3 | €8,495 | €3,555 | -€4,940 | -58.2% |
| Remuneration and social security | 454/9 | - | €6,910 | +€6,910 | |
| Other amounts payable | 47/48 | €175,623 | €45,850 | -€129,774 | -73.9% |
| Accrued charges and deferred income | 492/3 | - | €966 | +€966 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €24,128 | +€24,128 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,205 | €9,879 | +€6,674 | +208.2% |
| Other operating charges | 640/8 | €1,201 | €7,312 | +€6,112 | +509.1% |
| Non-recurring operating charges | 66A | €1,323 | €0 | -€1,323 | -100.0% |
| Gross operating margin | 9900 | €91,455 | €38,743 | -€52,713 | -57.6% |
| Operating profit (loss) | 9901 | €85,727 | -€2,577 | -€88,303 | |
| Financial income | 75/76B | €3,712 | €2,592 | -€1,121 | -30.2% |
| Recurring financial income | 75 | €3,712 | €2,592 | -€1,121 | -30.2% |
| Financial charges | 65/66B | €633 | €3,259 | +€2,626 | +414.6% |
| Recurring financial charges | 65 | €633 | €3,259 | +€2,626 | +414.6% |
| Profit (loss) for the period before taxes | 9903 | €88,806 | -€3,244 | -€92,050 | |
| Income taxes | 67/77 | €24,225 | €1,937 | -€22,288 | -92.0% |
| Profit (loss) for the period | 9904 | €64,581 | -€5,182 | -€69,762 | |
| Profit (loss) for the period to be appropriated | 9905 | €64,581 | -€5,182 | -€69,762 |
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 10 October 2026 via checked.be.