DACOP: 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.
DACOP
Largest movements
- Cash +€117,504
up €117,504 (+138%), from €85,395 to €202,899
mainly Net result for the year (+€181,891) and Debts after one year (+€76,625)
- Receivables within one year -€33,919
down €33,919 (-17.2%), from €197,510 to €163,592
of which Other amounts receivable: -€34,403
- Tangible fixed assets +€28,561
up €28,561 (+92.4%), from €30,901 to €59,462
of which Furniture and vehicles: +€29,563
- Current investments +€15,891
up €15,891 (+27.4%), from €58,000 to €73,891
- Debts after one year +€76,625
up €76,625 (+386%), from €19,875 to €96,500
- Reserves +€76,140
up €76,140 (+12.0%), from €634,191 to €710,332
- Tax, wage and social debts -€21,224
down €21,224 (-71.4%), from €29,729 to €8,504
- Financial income -€62,942
down €62,942 (-25.8%), from €243,578 to €180,636
- Taxes -€9,433
down €9,433 (-27.1%), from €34,775 to €25,342
- Depreciation +€6,142
up €6,142 (+53.3%), from €11,522 to €17,665
- Gross operating margin -€4,601
down €4,601 (-8.6%), from €53,439 to €48,838
- Financial charges +€1,606
up €1,606 (+69.1%), from €2,324 to €3,930
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 | €687,418 | €818,775 | +€131,358 | +19.1% |
| Fixed assets | 21/28 | €340,651 | €369,212 | +€28,561 | +8.4% |
| Tangible fixed assets | 22/27 | €30,901 | €59,462 | +€28,561 | +92.4% |
| Plant, machinery and equipment | 23 | €4,650 | €3,648 | -€1,002 | -21.5% |
| Furniture and vehicles | 24 | €26,250 | €55,813 | +€29,563 | +113% |
| Financial fixed assets | 28 | €309,750 | €309,750 | = | 0.0% |
| Current assets | 29/58 | €346,767 | €449,564 | +€102,796 | +29.6% |
| Amounts receivable within one year | 40/41 | €197,510 | €163,592 | -€33,919 | -17.2% |
| Trade receivables | 40 | €13,833 | €14,317 | +€484 | +3.5% |
| Other amounts receivable | 41 | €183,678 | €149,275 | -€34,403 | -18.7% |
| Current investments | 50/53 | €58,000 | €73,891 | +€15,891 | +27.4% |
| Cash at bank and in hand | 54/58 | €85,395 | €202,899 | +€117,504 | +138% |
| Deferred charges and accrued income | 490/1 | €5,862 | €9,181 | +€3,319 | +56.6% |
| Total equity and liabilities | 10/49 | €687,418 | €818,775 | +€131,358 | +19.1% |
| Equity | 10/15 | €634,191 | €710,332 | +€76,140 | +12.0% |
| Reserves | 13 | €634,191 | €710,332 | +€76,140 | +12.0% |
| Distributable reserves | 133 | €634,191 | €710,332 | +€76,140 | +12.0% |
| Amounts payable | 17/49 | €53,227 | €108,444 | +€55,217 | +104% |
| Amounts payable after more than one year | 17 | €19,875 | €96,500 | +€76,625 | +386% |
| Financial debts | 170/4 | €19,875 | €96,500 | +€76,625 | +386% |
| Amounts payable within one year | 42/48 | €33,352 | €11,715 | -€21,637 | -64.9% |
| Trade debts | 44 | €1,549 | €2,131 | +€583 | +37.6% |
| Suppliers | 440/4 | €1,549 | €2,131 | +€583 | +37.6% |
| Taxes, remuneration and social security | 45 | €29,729 | €8,504 | -€21,224 | -71.4% |
| Taxes | 450/3 | €29,729 | €8,504 | -€21,224 | -71.4% |
| Other amounts payable | 47/48 | €2,074 | €1,079 | -€995 | -48.0% |
| Accrued charges and deferred income | 492/3 | - | €229 | +€229 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,522 | €17,665 | +€6,142 | +53.3% |
| Other operating charges | 640/8 | €361 | €646 | +€286 | +79.2% |
| Gross operating margin | 9900 | €53,439 | €48,838 | -€4,601 | -8.6% |
| Operating profit (loss) | 9901 | €41,556 | €30,527 | -€11,029 | -26.5% |
| Financial income | 75/76B | €243,578 | €180,636 | -€62,942 | -25.8% |
| Recurring financial income | 75 | €243,578 | €180,636 | -€62,942 | -25.8% |
| Financial charges | 65/66B | €2,324 | €3,930 | +€1,606 | +69.1% |
| Recurring financial charges | 65 | €2,324 | €3,930 | +€1,606 | +69.1% |
| Profit (loss) for the period before taxes | 9903 | €282,811 | €207,234 | -€75,577 | -26.7% |
| Income taxes | 67/77 | €34,775 | €25,342 | -€9,433 | -27.1% |
| Profit (loss) for the period | 9904 | €248,035 | €181,891 | -€66,144 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €248,035 | €181,891 | -€66,144 | -26.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.