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DAX: 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.

What changed

DAX

BE 0464.086.503
NACE 82.990, Other business support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€29,030
2024 · €14,535+€14,496
Equity
-€229,567
2024 · -€258,597+€29,030
Cash
-
not filed
Balance sheet total
€245,878
2024 · €228,314+€17,564

Largest movements

2024 to 2025
Assets
  • Stocks and contracts +€15,850

    up €15,850 (+33.7%), from €47,000 to €62,850

Equity and liabilities
  • Profit (loss) carried forward +€29,030

    up €29,030 (+10.5%), from -€277,189 to -€248,159

  • Other debts -€12,274

    down €12,274 (-27.5%), from €44,576 to €32,302

Income statement
  • Financial charges -€11,080

    down €11,080 (-39.9%), from €27,754 to €16,674

  • Gross operating margin +€3,961

    up €3,961 (+6.3%), from €63,059 to €67,019

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €14,535
Gross operating margin +€3,961
Staff costs -€107
Depreciation -€13
Other operating charges -€423
Financial income -€1
Financial charges +€11,080
Result 2025 €29,030
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €228,314 €245,878 +€17,564 +7.7%
Fixed assets 21/28 €116,539 €116,765 +€226 +0.2%
Tangible fixed assets 22/27 €1,539 €1,765 +€226 +14.7%
Furniture and vehicles 24 €1,539 €1,765 +€226 +14.7%
Financial fixed assets 28 €115,000 €115,000 = 0.0%
Current assets 29/58 €111,775 €129,113 +€17,338 +15.5%
Stocks and contracts in progress 3 €47,000 €62,850 +€15,850 +33.7%
Stocks 30/36 €47,000 €62,850 +€15,850 +33.7%
Amounts receivable within one year 40/41 €64,775 €66,263 +€1,488 +2.3%
Trade receivables 40 €64,753 €66,237 +€1,484 +2.3%
Other amounts receivable 41 €21 €26 +€4 +20.8%
Total equity and liabilities 10/49 €228,314 €245,878 +€17,564 +7.7%
Equity 10/15 -€258,597 -€229,567 +€29,030 +11.2%
Contributions 10/11 €18,592 €18,592 = 0.0%
Profit (loss) carried forward 14 -€277,189 -€248,159 +€29,030 +10.5%
Amounts payable 17/49 €486,911 €475,445 -€11,466 -2.4%
Amounts payable after more than one year 17 €231,008 €231,008 = 0.0%
Financial debts 170/4 €231,008 €231,008 = 0.0%
Amounts payable within one year 42/48 €255,903 €244,437 -€11,466 -4.5%
Current portion of amounts payable after more than one year 42 €200,000 €200,000 = 0.0%
Financial debts 43 €453 €115 -€339 -74.7%
Credit institutions 430/8 €453 €115 -€339 -74.7%
Trade debts 44 €4,129 €4,898 +€769 +18.6%
Suppliers 440/4 €4,129 €4,898 +€769 +18.6%
Taxes, remuneration and social security 45 €6,744 €7,122 +€378 +5.6%
Taxes 450/3 €2,977 €3,240 +€262 +8.8%
Remuneration and social security 454/9 €3,767 €3,882 +€115 +3.1%
Other amounts payable 47/48 €44,576 €32,302 -€12,274 -27.5%
Remuneration, social security and pensions 62 €19,850 €19,957 +€107 +0.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €922 €935 +€13 +1.4%
Other operating charges 640/8 - €423 +€423
Gross operating margin 9900 €63,059 €67,019 +€3,961 +6.3%
Operating profit (loss) 9901 €42,287 €45,704 +€3,417 +8.1%
Financial income 75/76B €1 - -€1
Recurring financial income 75 €1 - -€1
Financial charges 65/66B €27,754 €16,674 -€11,080 -39.9%
Recurring financial charges 65 €27,754 €16,674 -€11,080 -39.9%
Profit (loss) for the period before taxes 9903 €14,535 €29,030 +€14,496 +99.7%
Profit (loss) for the period 9904 €14,535 €29,030 +€14,496 +99.7%
Profit (loss) for the period to be appropriated 9905 €14,535 €29,030 +€14,496 +99.7%

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 20 October 2026 via checked.be.