Kabinet D. Dadjam: 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.
Kabinet D. Dadjam
Largest movements
- Tangible fixed assets +€303,870
up €303,870 (+71.0%), from €427,778 to €731,648
of which Land and buildings: +€312,215
- Cash +€51,678
up €51,678 (+123%), from €41,992 to €93,670
mainly Debts after one year (+€249,955) and Net result for the year (+€38,766)
- Receivables within one year -€25,919
down €25,919 (-48.8%), from €53,130 to €27,211
of which Other amounts receivable: -€13,139
- Receivables after one year -€15,649
down €15,649 (-17.0%), from €92,000 to €76,351
- Debts after one year +€249,955
up €249,955 (+115%), from €216,923 to €466,878
- Other debts +€23,283
up €23,283 (+116%), from €19,987 to €43,270
- Reserves +€22,294
up €22,294 (+7.6%), from €293,311 to €315,604
of which Distributable reserves: +€22,294
- Current portion of long-term debt +€18,450
up €18,450 (+30.7%), from €60,186 to €78,636
- Other operating charges +€49,596
up €49,596 (+2,966%), from €1,672 to €51,268
- Gross operating margin -€27,460
down €27,460 (-16.6%), from €164,972 to €137,512
- Taxes -€22,227
down €22,227 (-54.9%), from €40,518 to €18,291
- Financial income +€4,100
up €4,100 (+284%), from €1,443 to €5,543
- Financial charges +€2,633
up €2,633 (+44.1%), from €5,965 to €8,598
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.
Derived cash bridge
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 | €624,894 | €931,968 | +€307,074 | +49.1% |
| Fixed assets | 21/28 | €427,778 | €731,648 | +€303,870 | +71.0% |
| Tangible fixed assets | 22/27 | €427,778 | €731,648 | +€303,870 | +71.0% |
| Land and buildings | 22 | €401,846 | €714,061 | +€312,215 | +77.7% |
| Plant, machinery and equipment | 23 | €21,174 | €15,706 | -€5,468 | -25.8% |
| Furniture and vehicles | 24 | €4,758 | €1,880 | -€2,878 | -60.5% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €197,116 | €200,320 | +€3,205 | +1.6% |
| Amounts receivable after more than one year | 29 | €92,000 | €76,351 | -€15,649 | -17.0% |
| Other amounts receivable | 291 | €92,000 | €76,351 | -€15,649 | -17.0% |
| Amounts receivable within one year | 40/41 | €53,130 | €27,211 | -€25,919 | -48.8% |
| Trade receivables | 40 | €39,991 | €27,211 | -€12,779 | -32.0% |
| Other amounts receivable | 41 | €13,139 | - | -€13,139 | |
| Cash at bank and in hand | 54/58 | €41,992 | €93,670 | +€51,678 | +123% |
| Deferred charges and accrued income | 490/1 | €9,994 | €3,088 | -€6,906 | -69.1% |
| Total equity and liabilities | 10/49 | €624,894 | €931,968 | +€307,074 | +49.1% |
| Equity | 10/15 | €305,711 | €328,004 | +€22,294 | +7.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €293,311 | €315,604 | +€22,294 | +7.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €291,451 | €313,744 | +€22,294 | +7.6% |
| Amounts payable | 17/49 | €319,183 | €603,964 | +€284,780 | +89.2% |
| Amounts payable after more than one year | 17 | €216,923 | €466,878 | +€249,955 | +115% |
| Financial debts | 170/4 | €216,923 | €466,878 | +€249,955 | +115% |
| Amounts payable within one year | 42/48 | €101,191 | €137,086 | +€35,896 | +35.5% |
| Current portion of amounts payable after more than one year | 42 | €60,186 | €78,636 | +€18,450 | +30.7% |
| Trade debts | 44 | €15,740 | €11,519 | -€4,221 | -26.8% |
| Suppliers | 440/4 | €15,740 | €11,519 | -€4,221 | -26.8% |
| Advances received on contracts in progress | 46 | €277 | - | -€277 | |
| Taxes, remuneration and social security | 45 | €5,000 | €3,661 | -€1,339 | -26.8% |
| Taxes | 450/3 | €5,000 | €3,661 | -€1,339 | -26.8% |
| Other amounts payable | 47/48 | €19,987 | €43,270 | +€23,283 | +116% |
| Accrued charges and deferred income | 492/3 | €1,070 | - | -€1,070 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,788 | €26,131 | +€343 | +1.3% |
| Other operating charges | 640/8 | €1,672 | €51,268 | +€49,596 | +2,966% |
| Gross operating margin | 9900 | €164,972 | €137,512 | -€27,460 | -16.6% |
| Operating profit (loss) | 9901 | €137,512 | €60,113 | -€77,399 | -56.3% |
| Financial income | 75/76B | €1,443 | €5,543 | +€4,100 | +284% |
| Recurring financial income | 75 | €1,443 | €5,543 | +€4,100 | +284% |
| Financial charges | 65/66B | €5,965 | €8,598 | +€2,633 | +44.1% |
| Recurring financial charges | 65 | €5,965 | €8,598 | +€2,633 | +44.1% |
| Profit (loss) for the period before taxes | 9903 | €132,990 | €57,057 | -€75,933 | -57.1% |
| Income taxes | 67/77 | €40,518 | €18,291 | -€22,227 | -54.9% |
| Profit (loss) for the period | 9904 | €92,472 | €38,766 | -€53,706 | -58.1% |
| Profit (loss) for the period to be appropriated | 9905 | €92,472 | €38,766 | -€53,706 | -58.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.