DEXAFAS: 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.
DEXAFAS
Largest movements
- Tangible fixed assets +€1.0m
up €1.0m (+247.0%), from €415,813 to €1.4m
- Contributions +€1.1m
up €1.1m (+180.3%), from €600,000 to €1.7m
- Profit (loss) carried forward -€29,252
down €29,252 (-9.7%), from -€301,834 to -€331,085
- Depreciation +€9,676
up €9,676 (+21.6%), from €44,891 to €54,567
- Gross operating margin -€4,134
down €4,134 (-10.6%), from €39,070 to €34,936
- Financial charges +€2,077
up €2,077 (+80.1%), from €2,592 to €4,670
- Other operating charges +€652
up €652 (+15.2%), from €4,300 to €4,952
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 | €429,364 | €1,463,382 | +€1.0m | +240.8% |
| Fixed assets | 21/28 | €415,813 | €1,442,782 | +€1.0m | +247.0% |
| Tangible fixed assets | 22/27 | €415,813 | €1,442,782 | +€1.0m | +247.0% |
| Land and buildings | 22 | €415,813 | €1,442,782 | +€1.0m | +247.0% |
| Current assets | 29/58 | €13,551 | €20,600 | +€7,049 | +52.0% |
| Cash at bank and in hand | 54/58 | €13,551 | €20,600 | +€7,049 | +52.0% |
| Total equity and liabilities | 10/49 | €429,364 | €1,463,382 | +€1.0m | +240.8% |
| Equity | 10/15 | €298,166 | €1,350,451 | +€1.1m | +352.9% |
| Contributions | 10/11 | €600,000 | €1,681,536 | +€1.1m | +180.3% |
| Profit (loss) carried forward | 14 | -€301,834 | -€331,085 | -€29,252 | -9.7% |
| Amounts payable | 17/49 | €131,198 | €112,931 | -€18,266 | -13.9% |
| Amounts payable after more than one year | 17 | €60,674 | €46,044 | -€14,629 | -24.1% |
| Financial debts | 170/4 | €60,674 | €46,044 | -€14,629 | -24.1% |
| Amounts payable within one year | 42/48 | €70,524 | €66,887 | -€3,637 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €11,799 | €13,531 | +€1,731 | +14.7% |
| Other amounts payable | 47/48 | €58,725 | €53,356 | -€5,369 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,891 | €54,567 | +€9,676 | +21.6% |
| Other operating charges | 640/8 | €4,300 | €4,952 | +€652 | +15.2% |
| Gross operating margin | 9900 | €39,070 | €34,936 | -€4,134 | -10.6% |
| Operating profit (loss) | 9901 | -€10,121 | -€24,582 | -€14,461 | -142.9% |
| Financial charges | 65/66B | €2,592 | €4,670 | +€2,077 | +80.1% |
| Recurring financial charges | 65 | €2,592 | €4,670 | +€2,077 | +80.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,714 | -€29,252 | -€16,538 | -130.1% |
| Profit (loss) for the period | 9904 | -€12,714 | -€29,252 | -€16,538 | -130.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,714 | -€29,252 | -€16,538 | -130.1% |
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 7 October 2026 via checked.be.