D.A.P. EEMAN PATRICK: 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.
D.A.P. EEMAN PATRICK
Largest movements
- Tangible fixed assets +€18,912
up €18,912 (+71.7%), from €26,391 to €45,303
of which Furniture and vehicles: +€14,841
- Cash +€12,164
up €12,164 (+13.2%), from €91,854 to €104,018
mainly Net result for the year (+€116,135) and Other debts (+€63,097)
- Current investments +€12,000
up €12,000 (+2.5%), from €489,319 to €501,319
- Other debts +€63,097
up €63,097 (+78.6%), from €80,282 to €143,379
- Tax, wage and social debts -€10,658
down €10,658 (-34.6%), from €30,797 to €20,139
of which Taxes: -€14,016
- Gross operating margin +€58,799
up €58,799 (+47.0%), from €125,047 to €183,845
- Taxes +€15,560
up €15,560 (+49.8%), from €31,222 to €46,782
- Financial income -€2,681
down €2,681 (-99.2%), from €2,701 to €20
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 | €705,143 | €754,468 | +€49,325 | +7.0% |
| Fixed assets | 21/28 | €26,391 | €45,303 | +€18,912 | +71.7% |
| Tangible fixed assets | 22/27 | €26,391 | €45,303 | +€18,912 | +71.7% |
| Plant, machinery and equipment | 23 | - | €4,071 | +€4,071 | |
| Furniture and vehicles | 24 | €26,391 | €41,233 | +€14,841 | +56.2% |
| Current assets | 29/58 | €678,752 | €709,165 | +€30,413 | +4.5% |
| Amounts receivable within one year | 40/41 | €91,545 | €95,237 | +€3,692 | +4.0% |
| Trade receivables | 40 | €86,532 | €89,749 | +€3,217 | +3.7% |
| Other amounts receivable | 41 | €5,013 | €5,488 | +€475 | +9.5% |
| Current investments | 50/53 | €489,319 | €501,319 | +€12,000 | +2.5% |
| Cash at bank and in hand | 54/58 | €91,854 | €104,018 | +€12,164 | +13.2% |
| Deferred charges and accrued income | 490/1 | €6,034 | €8,590 | +€2,557 | +42.4% |
| Total equity and liabilities | 10/49 | €705,143 | €754,468 | +€49,325 | +7.0% |
| Equity | 10/15 | €564,226 | €562,730 | -€1,497 | -0.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €551,826 | €550,330 | -€1,497 | -0.3% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €549,971 | €548,475 | -€1,497 | -0.3% |
| Amounts payable | 17/49 | €140,917 | €191,739 | +€50,822 | +36.1% |
| Amounts payable within one year | 42/48 | €139,470 | €187,922 | +€48,453 | +34.7% |
| Trade debts | 44 | €28,390 | €24,404 | -€3,986 | -14.0% |
| Suppliers | 440/4 | €28,390 | €24,404 | -€3,986 | -14.0% |
| Taxes, remuneration and social security | 45 | €30,797 | €20,139 | -€10,658 | -34.6% |
| Taxes | 450/3 | €30,797 | €16,782 | -€14,016 | -45.5% |
| Remuneration and social security | 454/9 | - | €3,357 | +€3,357 | |
| Other amounts payable | 47/48 | €80,282 | €143,379 | +€63,097 | +78.6% |
| Accrued charges and deferred income | 492/3 | €1,447 | €3,816 | +€2,369 | +163.7% |
| Remuneration, social security and pensions | 62 | €828 | €880 | +€52 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,535 | €15,685 | +€1,149 | +7.9% |
| Other operating charges | 640/8 | €1,104 | €1,545 | +€441 | +39.9% |
| Gross operating margin | 9900 | €125,047 | €183,845 | +€58,799 | +47.0% |
| Operating profit (loss) | 9901 | €108,579 | €165,736 | +€57,157 | +52.6% |
| Financial income | 75/76B | €2,701 | €20 | -€2,681 | -99.2% |
| Recurring financial income | 75 | €2,701 | €20 | -€2,681 | -99.2% |
| Financial charges | 65/66B | €1,544 | €2,840 | +€1,296 | +83.9% |
| Recurring financial charges | 65 | €1,544 | €2,840 | +€1,296 | +83.9% |
| Profit (loss) for the period before taxes | 9903 | €109,737 | €162,916 | +€53,180 | +48.5% |
| Income taxes | 67/77 | €31,222 | €46,782 | +€15,560 | +49.8% |
| Profit (loss) for the period | 9904 | €78,515 | €116,135 | +€37,620 | +47.9% |
| Profit (loss) for the period to be appropriated | 9905 | €78,515 | €116,135 | +€37,620 | +47.9% |
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 1 October 2026 via checked.be.