DACOPA: 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.
DACOPA
Largest movements
- Tangible fixed assets -€119,263
down €119,263 (-75.4%), from €158,095 to €38,832
of which Furniture and vehicles: -€104,623
- Cash -€28,714
down €28,714 (-68.3%), from €42,026 to €13,311
mainly Net result for the year (-€162,539) and Tax, wage and social debts (-€19,183)
- Receivables within one year -€27,123
down €27,123 (-77.4%), from €35,024 to €7,902
of which Trade receivables: -€16,132
- Profit (loss) carried forward -€162,539
new in 2025: -€162,539
- Other debts +€30,958
up €30,958 (+250.8%), from €12,341 to €43,299
- Tax, wage and social debts -€19,183
down €19,183 (-97.7%), from €19,634 to €452
- Debts after one year -€14,972
down €14,972 (-31.9%), from €46,920 to €31,948
- Trade debts -€9,332
down €9,332 (-44.9%), from €20,763 to €11,431
- Gross operating margin -€166,292
down €166,292, from €61,783 to -€104,509
- Depreciation -€19,721
down €19,721 (-54.3%), from €36,335 to €16,614
- Taxes -€5,860
down €5,860 (-92.8%), from €6,311 to €452
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 | €239,793 | €65,355 | -€174,438 | -72.7% |
| Fixed assets | 21/28 | €162,255 | €41,451 | -€120,805 | -74.5% |
| Intangible fixed assets | 21 | €4,025 | €2,483 | -€1,542 | -38.3% |
| Tangible fixed assets | 22/27 | €158,095 | €38,832 | -€119,263 | -75.4% |
| Land and buildings | 22 | €42,157 | €27,725 | -€14,432 | -34.2% |
| Plant, machinery and equipment | 23 | €871 | €662 | -€208 | -23.9% |
| Furniture and vehicles | 24 | €115,067 | €10,444 | -€104,623 | -90.9% |
| Financial fixed assets | 28 | €136 | €136 | = | 0.0% |
| Current assets | 29/58 | €77,538 | €23,904 | -€53,633 | -69.2% |
| Amounts receivable within one year | 40/41 | €35,024 | €7,902 | -€27,123 | -77.4% |
| Trade receivables | 40 | €16,335 | €204 | -€16,132 | -98.8% |
| Other amounts receivable | 41 | €18,689 | €7,698 | -€10,991 | -58.8% |
| Cash at bank and in hand | 54/58 | €42,026 | €13,311 | -€28,714 | -68.3% |
| Deferred charges and accrued income | 490/1 | €488 | €2,691 | +€2,203 | +451.5% |
| Total equity and liabilities | 10/49 | €239,793 | €65,355 | -€174,438 | -72.7% |
| Equity | 10/15 | €124,401 | -€38,139 | -€162,539 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €104,401 | €104,401 | = | 0.0% |
| Distributable reserves | 133 | €104,401 | €104,401 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€162,539 | -€162,539 | |
| Amounts payable | 17/49 | €115,393 | €103,494 | -€11,899 | -10.3% |
| Amounts payable after more than one year | 17 | €46,920 | €31,948 | -€14,972 | -31.9% |
| Financial debts | 170/4 | €46,920 | €31,948 | -€14,972 | -31.9% |
| Amounts payable within one year | 42/48 | €68,248 | €71,373 | +€3,125 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €15,509 | €16,191 | +€682 | +4.4% |
| Trade debts | 44 | €20,763 | €11,431 | -€9,332 | -44.9% |
| Suppliers | 440/4 | €20,763 | €11,431 | -€9,332 | -44.9% |
| Taxes, remuneration and social security | 45 | €19,634 | €452 | -€19,183 | -97.7% |
| Taxes | 450/3 | €19,634 | €452 | -€19,183 | -97.7% |
| Other amounts payable | 47/48 | €12,341 | €43,299 | +€30,958 | +250.8% |
| Accrued charges and deferred income | 492/3 | €224 | €173 | -€51 | -22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,335 | €16,614 | -€19,721 | -54.3% |
| Other operating charges | 640/8 | €1,492 | €1,290 | -€202 | -13.5% |
| Non-recurring operating charges | 66A | - | €37,124 | +€37,124 | |
| Gross operating margin | 9900 | €61,783 | -€104,509 | -€166,292 | |
| Operating profit (loss) | 9901 | €23,955 | -€159,537 | -€183,492 | |
| Financial income | 75/76B | €20 | €0 | -€20 | -100.0% |
| Recurring financial income | 75 | €20 | €0 | -€20 | -100.0% |
| Financial charges | 65/66B | €3,374 | €2,551 | -€823 | -24.4% |
| Recurring financial charges | 65 | €3,374 | €2,551 | -€823 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €20,602 | -€162,088 | -€182,689 | |
| Income taxes | 67/77 | €6,311 | €452 | -€5,860 | -92.8% |
| Profit (loss) for the period | 9904 | €14,291 | -€162,539 | -€176,830 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,291 | -€162,539 | -€176,830 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.