De Daus: 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 Daus
Largest movements
- Cash +€41,790
up €41,790 (+58.7%), from €71,162 to €112,952
mainly Net result for the year (+€35,124) and Depreciation (+€9,276)
- Tangible fixed assets -€9,276
down €9,276 (-17.7%), from €52,503 to €43,227
of which Land and buildings: -€8,942
- Receivables within one year +€2,676
up €2,676 (+26.0%), from €10,294 to €12,971
of which Trade receivables: +€5,039
- Stocks and contracts -€2,434
down €2,434 (-19.7%), from €12,368 to €9,934
- Profit (loss) carried forward +€35,124
up €35,124 (+103.9%), from €33,813 to €68,937
- Debts after one year -€6,040
down €6,040 (-32.0%), from €18,859 to €12,819
- Other debts +€3,600
up €3,600 (+78.8%), from €4,566 to €8,166
- Tax, wage and social debts -€3,347
down €3,347 (-87.1%), from €3,844 to €497
- Gross operating margin +€11,194
up €11,194 (+22.9%), from €48,808 to €60,002
- Staff costs -€2,083
down €2,083 (-27.2%), from €7,657 to €5,574
- Other operating charges +€1,883
up €1,883 (+410.9%), from €458 to €2,342
- Taxes +€1,601
up €1,601 (+38.4%), from €4,166 to €5,767
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 | €146,527 | €179,284 | +€32,757 | +22.4% |
| Fixed assets | 21/28 | €52,703 | €43,427 | -€9,276 | -17.6% |
| Tangible fixed assets | 22/27 | €52,503 | €43,227 | -€9,276 | -17.7% |
| Land and buildings | 22 | €52,169 | €43,227 | -€8,942 | -17.1% |
| Plant, machinery and equipment | 23 | €333 | €0 | -€333 | -100.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €93,824 | €135,857 | +€42,032 | +44.8% |
| Stocks and contracts in progress | 3 | €12,368 | €9,934 | -€2,434 | -19.7% |
| Stocks | 30/36 | €12,368 | €9,934 | -€2,434 | -19.7% |
| Amounts receivable within one year | 40/41 | €10,294 | €12,971 | +€2,676 | +26.0% |
| Trade receivables | 40 | €5,617 | €10,656 | +€5,039 | +89.7% |
| Other amounts receivable | 41 | €4,677 | €2,315 | -€2,363 | -50.5% |
| Cash at bank and in hand | 54/58 | €71,162 | €112,952 | +€41,790 | +58.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €146,527 | €179,284 | +€32,757 | +22.4% |
| Equity | 10/15 | €109,328 | €144,452 | +€35,124 | +32.1% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €15,515 | €15,515 | = | 0.0% |
| Non-distributable reserves | 130/1 | €515 | €515 | = | 0.0% |
| Reserves not available under the articles | 1311 | €515 | €515 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,813 | €68,937 | +€35,124 | +103.9% |
| Amounts payable | 17/49 | €37,199 | €34,832 | -€2,368 | -6.4% |
| Amounts payable after more than one year | 17 | €18,859 | €12,819 | -€6,040 | -32.0% |
| Financial debts | 170/4 | €18,859 | €12,819 | -€6,040 | -32.0% |
| Amounts payable within one year | 42/48 | €15,185 | €17,761 | +€2,575 | +17.0% |
| Current portion of amounts payable after more than one year | 42 | €5,511 | €6,040 | +€530 | +9.6% |
| Trade debts | 44 | €1,265 | €3,057 | +€1,793 | +141.8% |
| Suppliers | 440/4 | €1,265 | €3,057 | +€1,793 | +141.8% |
| Taxes, remuneration and social security | 45 | €3,844 | €497 | -€3,347 | -87.1% |
| Taxes | 450/3 | €3,844 | €497 | -€3,347 | -87.1% |
| Other amounts payable | 47/48 | €4,566 | €8,166 | +€3,600 | +78.8% |
| Accrued charges and deferred income | 492/3 | €3,155 | €4,252 | +€1,097 | +34.8% |
| Remuneration, social security and pensions | 62 | €7,657 | €5,574 | -€2,083 | -27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,276 | €9,276 | +€0 | 0.0% |
| Other operating charges | 640/8 | €458 | €2,342 | +€1,883 | +410.9% |
| Non-recurring operating charges | 66A | €684 | €0 | -€684 | -100.0% |
| Gross operating margin | 9900 | €48,808 | €60,002 | +€11,194 | +22.9% |
| Operating profit (loss) | 9901 | €30,733 | €42,810 | +€12,077 | +39.3% |
| Financial income | 75/76B | €4 | €64 | +€60 | +1671.9% |
| Recurring financial income | 75 | €4 | €64 | +€60 | +1671.9% |
| Financial charges | 65/66B | €1,797 | €1,983 | +€186 | +10.3% |
| Recurring financial charges | 65 | €1,797 | €1,983 | +€186 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €28,940 | €40,891 | +€11,951 | +41.3% |
| Income taxes | 67/77 | €4,166 | €5,767 | +€1,601 | +38.4% |
| Profit (loss) for the period | 9904 | €24,774 | €35,124 | +€10,350 | +41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,774 | €35,124 | +€10,350 | +41.8% |
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 11 October 2026 via checked.be.