ETS DAFAN: 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.
ETS DAFAN
Largest movements
- Receivables within one year +€24,801
up €24,801 (+18.5%), from €134,046 to €158,846
of which Trade receivables: +€23,649
- Trade debts +€15,806
up €15,806 (+301.3%), from €5,246 to €21,052
- Profit (loss) carried forward +€15,373
up €15,373 (+22.9%), from €67,107 to €82,480
- Tax, wage and social debts -€10,998
down €10,998 (-35.3%), from €31,187 to €20,189
- Other debts +€4,000
up €4,000 (+19.0%), from €21,000 to €25,000
- Gross operating margin +€23,499
up €23,499 (+59.4%), from €39,572 to €63,071
- Other operating charges -€5,758
down €5,758 (-31.2%), from €18,448 to €12,690
- Taxes +€2,664
up €2,664 (+46.7%), from €5,708 to €8,372
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €135,063 | €159,339 | +€24,276 | +18.0% |
| Fixed assets | 21/28 | €858 | €493 | -€365 | -42.6% |
| Tangible fixed assets | 22/27 | €608 | €243 | -€365 | -60.1% |
| Furniture and vehicles | 24 | €608 | €243 | -€365 | -60.1% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €134,205 | €158,846 | +€24,641 | +18.4% |
| Amounts receivable within one year | 40/41 | €134,046 | €158,846 | +€24,801 | +18.5% |
| Trade receivables | 40 | €10,920 | €34,569 | +€23,649 | +216.6% |
| Other amounts receivable | 41 | €123,126 | €124,277 | +€1,151 | +0.9% |
| Deferred charges and accrued income | 490/1 | €159 | - | -€159 | |
| Total equity and liabilities | 10/49 | €135,063 | €159,339 | +€24,276 | +18.0% |
| Equity | 10/15 | €75,167 | €90,540 | +€15,373 | +20.5% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,107 | €82,480 | +€15,373 | +22.9% |
| Amounts payable | 17/49 | €59,896 | €68,799 | +€8,903 | +14.9% |
| Amounts payable within one year | 42/48 | €59,896 | €68,799 | +€8,903 | +14.9% |
| Financial debts | 43 | €2,463 | €2,559 | +€95 | +3.9% |
| Credit institutions | 430/8 | €2,463 | €2,559 | +€95 | +3.9% |
| Trade debts | 44 | €5,246 | €21,052 | +€15,806 | +301.3% |
| Suppliers | 440/4 | €5,246 | €21,052 | +€15,806 | +301.3% |
| Taxes, remuneration and social security | 45 | €31,187 | €20,189 | -€10,998 | -35.3% |
| Taxes | 450/3 | €31,187 | €20,189 | -€10,998 | -35.3% |
| Other amounts payable | 47/48 | €21,000 | €25,000 | +€4,000 | +19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €365 | €365 | = | 0.0% |
| Other operating charges | 640/8 | €18,448 | €12,690 | -€5,758 | -31.2% |
| Gross operating margin | 9900 | €39,572 | €63,071 | +€23,499 | +59.4% |
| Operating profit (loss) | 9901 | €20,759 | €50,015 | +€29,256 | +140.9% |
| Financial charges | 65/66B | €1,059 | €1,270 | +€211 | +20.0% |
| Recurring financial charges | 65 | €1,059 | €1,270 | +€211 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €19,700 | €48,745 | +€29,045 | +147.4% |
| Income taxes | 67/77 | €5,708 | €8,372 | +€2,664 | +46.7% |
| Profit (loss) for the period | 9904 | €13,992 | €40,373 | +€26,381 | +188.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,992 | €40,373 | +€26,381 | +188.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.