DJAC: 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.
DJAC
Largest movements
- Cash +€83,633
up €83,633 (+90.2%), from €92,757 to €176,390
mainly Net result for the year (+€32,928) and Depreciation (+€29,583)
- Tangible fixed assets -€20,666
down €20,666 (-1.9%), from €1.1m to €1.1m
of which Land and buildings: -€29,178
- Reserves +€41,150
new in 2025: €41,150
- Debts after one year +€26,225
up €26,225 (+2.6%), from €995,489 to €1.0m
of which Financial debts: +€25,025
- Taxes +€16,749
up €16,749 (+711.4%), from €2,355 to €19,104
- Gross operating margin +€11,722
up €11,722 (+13.2%), from €88,762 to €100,484
- Depreciation -€6,879
down €6,879 (-18.9%), from €36,462 to €29,583
- Financial charges +€1,255
up €1,255 (+8.3%), from €15,164 to €16,419
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 | €1,176,198 | €1,250,179 | +€73,981 | +6.3% |
| Fixed assets | 21/28 | €1,077,598 | €1,056,932 | -€20,666 | -1.9% |
| Tangible fixed assets | 22/27 | €1,077,598 | €1,056,932 | -€20,666 | -1.9% |
| Land and buildings | 22 | €1,043,252 | €1,014,074 | -€29,178 | -2.8% |
| Plant, machinery and equipment | 23 | €759 | €1,445 | +€686 | +90.4% |
| Furniture and vehicles | 24 | €8,360 | €8,327 | -€33 | -0.4% |
| Other tangible fixed assets | 26 | - | €7,859 | +€7,859 | |
| Assets under construction and advance payments | 27 | €25,227 | €25,227 | = | 0.0% |
| Current assets | 29/58 | €98,600 | €193,248 | +€94,647 | +96.0% |
| Amounts receivable within one year | 40/41 | €5,774 | €15,860 | +€10,086 | +174.7% |
| Trade receivables | 40 | €2,710 | €4,210 | +€1,500 | +55.4% |
| Other amounts receivable | 41 | €3,064 | €11,650 | +€8,586 | +280.2% |
| Cash at bank and in hand | 54/58 | €92,757 | €176,390 | +€83,633 | +90.2% |
| Deferred charges and accrued income | 490/1 | €69 | €997 | +€928 | +1354.8% |
| Total equity and liabilities | 10/49 | €1,176,198 | €1,250,179 | +€73,981 | +6.3% |
| Equity | 10/15 | €86,223 | €119,150 | +€32,928 | +38.2% |
| Contributions | 10/11 | €78,000 | €78,000 | = | 0.0% |
| Outside capital | 11 | - | €78,000 | +€78,000 | |
| Other | 1109/19 | - | €78,000 | +€78,000 | |
| Reserves | 13 | - | €41,150 | +€41,150 | |
| Distributable reserves | 133 | - | €41,150 | +€41,150 | |
| Profit (loss) carried forward | 14 | €8,223 | - | -€8,223 | |
| Amounts payable | 17/49 | €1,089,976 | €1,131,029 | +€41,053 | +3.8% |
| Amounts payable after more than one year | 17 | €995,489 | €1,021,714 | +€26,225 | +2.6% |
| Financial debts | 170/4 | €808,279 | €833,304 | +€25,025 | +3.1% |
| Other amounts payable | 178/9 | €187,210 | €188,410 | +€1,200 | +0.6% |
| Amounts payable within one year | 42/48 | €94,487 | €109,315 | +€14,828 | +15.7% |
| Current portion of amounts payable after more than one year | 42 | €40,563 | €46,225 | +€5,662 | +14.0% |
| Trade debts | 44 | €3,185 | €793 | -€2,392 | -75.1% |
| Suppliers | 440/4 | €3,185 | €793 | -€2,392 | -75.1% |
| Taxes, remuneration and social security | 45 | €2,355 | €14,452 | +€12,098 | +513.8% |
| Taxes | 450/3 | €2,355 | €14,452 | +€12,098 | +513.8% |
| Other amounts payable | 47/48 | €48,385 | €47,845 | -€540 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,462 | €29,583 | -€6,879 | -18.9% |
| Other operating charges | 640/8 | €3,171 | €3,246 | +€76 | +2.4% |
| Gross operating margin | 9900 | €88,762 | €100,484 | +€11,722 | +13.2% |
| Operating profit (loss) | 9901 | €49,129 | €67,654 | +€18,525 | +37.7% |
| Financial income | 75/76B | - | €797 | +€797 | |
| Recurring financial income | 75 | - | €797 | +€797 | |
| Financial charges | 65/66B | €15,164 | €16,419 | +€1,255 | +8.3% |
| Recurring financial charges | 65 | €15,164 | €16,419 | +€1,255 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €33,965 | €52,032 | +€18,067 | +53.2% |
| Income taxes | 67/77 | €2,355 | €19,104 | +€16,749 | +711.4% |
| Profit (loss) for the period | 9904 | €31,611 | €32,928 | +€1,317 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €31,611 | €32,928 | +€1,317 | +4.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.