DK DAK: what changed
DK DAK
Largest movements
- Tangible fixed assets -€40,143
down €40,143 (-24.7%), from €162,651 to €122,508
of which Plant, machinery and equipment: -€25,002
- Deferred charges and accrued income +€22,810
up €22,810 (+625%), from €3,648 to €26,459
- Receivables within one year -€12,120
down €12,120 (-26.7%), from €45,450 to €33,330
of which Other amounts receivable: -€13,243
- Other debts -€156,909
down €156,909 (-96.8%), from €162,084 to €5,174
- Reserves +€126,730
up €126,730 (+71.2%), from €177,984 to €304,713
- Accrued charges and deferred income +€22,561
new in 2025: €22,561
- Tax, wage and social debts -€12,328
down €12,328 (-49.4%), from €24,966 to €12,638
- Trade debts -€10,012
down €10,012 (-61.9%), from €16,187 to €6,175
- Gross operating margin +€67,987
up €67,987 (+51.0%), from €133,343 to €201,330
- Depreciation +€17,594
up €17,594 (+78.0%), from €22,548 to €40,143
- Taxes +€11,771
up €11,771 (+47.1%), from €24,966 to €36,737
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €386,220 | €356,262 | -€29,958 | -7.8% |
| Fixed assets | 21/28 | €162,651 | €122,508 | -€40,143 | -24.7% |
| Tangible fixed assets | 22/27 | €162,651 | €122,508 | -€40,143 | -24.7% |
| Plant, machinery and equipment | 23 | €118,797 | €93,795 | -€25,002 | -21.0% |
| Furniture and vehicles | 24 | €43,854 | €28,714 | -€15,140 | -34.5% |
| Current assets | 29/58 | €223,569 | €233,754 | +€10,185 | +4.6% |
| Amounts receivable within one year | 40/41 | €45,450 | €33,330 | -€12,120 | -26.7% |
| Trade receivables | 40 | €22,947 | €24,070 | +€1,124 | +4.9% |
| Other amounts receivable | 41 | €22,503 | €9,260 | -€13,243 | -58.9% |
| Cash at bank and in hand | 54/58 | €174,471 | €173,966 | -€506 | -0.3% |
| Deferred charges and accrued income | 490/1 | €3,648 | €26,459 | +€22,810 | +625% |
| Total equity and liabilities | 10/49 | €386,220 | €356,262 | -€29,958 | -7.8% |
| Equity | 10/15 | €182,984 | €309,713 | +€126,730 | +69.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €177,984 | €304,713 | +€126,730 | +71.2% |
| Distributable reserves | 133 | €177,984 | €304,713 | +€126,730 | +71.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €203,237 | €46,549 | -€156,688 | -77.1% |
| Amounts payable within one year | 42/48 | €203,237 | €23,988 | -€179,249 | -88.2% |
| Trade debts | 44 | €16,187 | €6,175 | -€10,012 | -61.9% |
| Suppliers | 440/4 | €16,187 | €6,175 | -€10,012 | -61.9% |
| Taxes, remuneration and social security | 45 | €24,966 | €12,638 | -€12,328 | -49.4% |
| Taxes | 450/3 | €24,966 | €12,638 | -€12,328 | -49.4% |
| Other amounts payable | 47/48 | €162,084 | €5,174 | -€156,909 | -96.8% |
| Accrued charges and deferred income | 492/3 | - | €22,561 | +€22,561 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,548 | €40,143 | +€17,594 | +78.0% |
| Other operating charges | 640/8 | €1,302 | €1,072 | -€230 | -17.7% |
| Gross operating margin | 9900 | €133,343 | €201,330 | +€67,987 | +51.0% |
| Operating profit (loss) | 9901 | €109,493 | €160,116 | +€50,623 | +46.2% |
| Financial income | 75/76B | €2,020 | €3,360 | +€1,340 | +66.3% |
| Recurring financial income | 75 | €2,020 | €3,360 | +€1,340 | +66.3% |
| Financial charges | 65/66B | €320 | €9 | -€311 | -97.2% |
| Recurring financial charges | 65 | €320 | €9 | -€311 | -97.2% |
| Profit (loss) for the period before taxes | 9903 | €111,193 | €163,467 | +€52,273 | +47.0% |
| Income taxes | 67/77 | €24,966 | €36,737 | +€11,771 | +47.1% |
| Profit (loss) for the period | 9904 | €86,227 | €126,730 | +€40,503 | +47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €86,227 | €126,730 | +€40,503 | +47.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.