T.DAEMS: 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.
T.DAEMS
Largest movements
- Tangible fixed assets +€201,939
up €201,939 (+49.9%), from €404,931 to €606,870
of which Leasing and similar rights: +€136,848
- Deferred charges and accrued income +€44,296
up €44,296 (+314.4%), from €14,087 to €58,383
- Receivables within one year -€40,300
down €40,300 (-7.2%), from €558,730 to €518,430
of which Trade receivables: -€79,771
- Trade debts +€114,102
up €114,102 (+88.7%), from €128,598 to €242,700
- Debts after one year +€113,047
up €113,047 (+40.7%), from €277,777 to €390,825
of which Financial debts: +€167,047
- Tax, wage and social debts -€37,050
down €37,050 (-45.8%), from €80,902 to €43,852
of which Taxes: -€22,493
- Reserves +€21,226
up €21,226 (+9.1%), from €233,582 to €254,808
- Other debts +€13,160
up €13,160 (+107.4%), from €12,253 to €25,413
- Gross operating margin -€213,142
down €213,142 (-18.2%), from €1.2m to €958,580
- Staff costs -€134,732
down €134,732 (-19.1%), from €706,790 to €572,058
- Other operating charges +€59,925
up €59,925 (+115.5%), from €51,890 to €111,815
- Taxes -€38,583
down €38,583, from €32,531 to -€6,051
- Depreciation -€29,270
down €29,270 (-11.3%), from €259,083 to €229,813
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 | €1,001,986 | €1,220,488 | +€218,502 | +21.8% |
| Fixed assets | 21/28 | €404,931 | €606,870 | +€201,939 | +49.9% |
| Tangible fixed assets | 22/27 | €404,931 | €606,870 | +€201,939 | +49.9% |
| Plant, machinery and equipment | 23 | €10,409 | €18,800 | +€8,391 | +80.6% |
| Furniture and vehicles | 24 | €31,628 | €88,328 | +€56,700 | +179.3% |
| Leasing and similar rights | 25 | €362,894 | €499,742 | +€136,848 | +37.7% |
| Current assets | 29/58 | €597,055 | €613,618 | +€16,563 | +2.8% |
| Stocks and contracts in progress | 3 | €0 | €8,000 | +€8,000 | |
| Stocks | 30/36 | €0 | €8,000 | +€8,000 | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €558,730 | €518,430 | -€40,300 | -7.2% |
| Trade receivables | 40 | €519,141 | €439,370 | -€79,771 | -15.4% |
| Other amounts receivable | 41 | €39,590 | €79,060 | +€39,471 | +99.7% |
| Cash at bank and in hand | 54/58 | €24,237 | €28,804 | +€4,567 | +18.8% |
| Deferred charges and accrued income | 490/1 | €14,087 | €58,383 | +€44,296 | +314.4% |
| Total equity and liabilities | 10/49 | €1,001,986 | €1,220,488 | +€218,502 | +21.8% |
| Equity | 10/15 | €252,182 | €273,408 | +€21,226 | +8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €233,582 | €254,808 | +€21,226 | +9.1% |
| Distributable reserves | 133 | €233,582 | €254,808 | +€21,226 | +9.1% |
| Amounts payable | 17/49 | €749,804 | €947,080 | +€197,275 | +26.3% |
| Amounts payable after more than one year | 17 | €277,777 | €390,825 | +€113,047 | +40.7% |
| Financial debts | 170/4 | €209,312 | €376,359 | +€167,047 | +79.8% |
| Other amounts payable | 178/9 | €68,466 | €14,466 | -€54,000 | -78.9% |
| Amounts payable within one year | 42/48 | €472,027 | €556,255 | +€84,228 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | €200,274 | €194,290 | -€5,984 | -3.0% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €128,598 | €242,700 | +€114,102 | +88.7% |
| Suppliers | 440/4 | €128,598 | €242,700 | +€114,102 | +88.7% |
| Taxes, remuneration and social security | 45 | €80,902 | €43,852 | -€37,050 | -45.8% |
| Taxes | 450/3 | €26,730 | €4,237 | -€22,493 | -84.1% |
| Remuneration and social security | 454/9 | €54,173 | €39,616 | -€14,557 | -26.9% |
| Other amounts payable | 47/48 | €12,253 | €25,413 | +€13,160 | +107.4% |
| Non-recurring operating income | 76A | - | €7,135 | +€7,135 | |
| Remuneration, social security and pensions | 62 | €706,790 | €572,058 | -€134,732 | -19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €259,083 | €229,813 | -€29,270 | -11.3% |
| Other operating charges | 640/8 | €51,890 | €111,815 | +€59,925 | +115.5% |
| Non-recurring operating charges | 66A | €2,470 | €11,823 | +€9,353 | +378.7% |
| Gross operating margin | 9900 | €1,171,722 | €958,580 | -€213,142 | -18.2% |
| Operating profit (loss) | 9901 | €151,490 | €33,072 | -€118,418 | -78.2% |
| Financial income | 75/76B | - | €2,000 | +€2,000 | |
| Recurring financial income | 75 | - | €2,000 | +€2,000 | |
| Financial charges | 65/66B | €19,211 | €19,897 | +€686 | +3.6% |
| Recurring financial charges | 65 | €19,211 | €19,897 | +€686 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €132,278 | €15,175 | -€117,104 | -88.5% |
| Income taxes | 67/77 | €32,531 | -€6,051 | -€38,583 | |
| Profit (loss) for the period | 9904 | €99,747 | €21,226 | -€78,521 | -78.7% |
| Profit (loss) for the period to be appropriated | 9905 | €99,747 | €21,226 | -€78,521 | -78.7% |
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.