DANSAERT APO: 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.
DANSAERT APO
Largest movements
- Cash +€201,585
up €201,585 (+20172.5%), from €999 to €202,585
mainly Other debts (+€426,212) and Net result for the year (+€173,021)
- Stocks and contracts +€186,261
up €186,261 (+9391.9%), from €1,983 to €188,244
- Receivables within one year +€77,239
up €77,239 (+30.3%), from €255,240 to €332,479
of which Trade receivables: +€90,743
- Other debts +€426,212
up €426,212 (+3841.8%), from €11,094 to €437,306
- Reserves +€53,021
up €53,021 (+127.9%), from €41,469 to €94,490
- Tax, wage and social debts -€20,195
no longer reported in 2025 (was €20,195)
- Gross operating margin +€162,015
up €162,015 (+557.9%), from €29,041 to €191,056
- Taxes +€10,606
up €10,606 (+147.2%), from €7,205 to €17,810
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 | €258,223 | €723,308 | +€465,085 | +180.1% |
| Current assets | 29/58 | €258,223 | €723,308 | +€465,085 | +180.1% |
| Stocks and contracts in progress | 3 | €1,983 | €188,244 | +€186,261 | +9391.9% |
| Stocks | 30/36 | €1,983 | €188,244 | +€186,261 | +9391.9% |
| Amounts receivable within one year | 40/41 | €255,240 | €332,479 | +€77,239 | +30.3% |
| Trade receivables | 40 | €228,613 | €319,356 | +€90,743 | +39.7% |
| Other amounts receivable | 41 | €26,627 | €13,123 | -€13,504 | -50.7% |
| Cash at bank and in hand | 54/58 | €999 | €202,585 | +€201,585 | +20172.5% |
| Total equity and liabilities | 10/49 | €258,223 | €723,308 | +€465,085 | +180.1% |
| Equity | 10/15 | €60,019 | €113,040 | +€53,021 | +88.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €41,469 | €94,490 | +€53,021 | +127.9% |
| Distributable reserves | 133 | €41,469 | €94,490 | +€53,021 | +127.9% |
| Amounts payable | 17/49 | €198,203 | €610,268 | +€412,064 | +207.9% |
| Amounts payable within one year | 42/48 | €197,642 | €610,027 | +€412,385 | +208.7% |
| Trade debts | 44 | €166,353 | €172,721 | +€6,368 | +3.8% |
| Suppliers | 440/4 | €166,353 | €172,721 | +€6,368 | +3.8% |
| Taxes, remuneration and social security | 45 | €20,195 | - | -€20,195 | |
| Taxes | 450/3 | €20,195 | - | -€20,195 | |
| Other amounts payable | 47/48 | €11,094 | €437,306 | +€426,212 | +3841.8% |
| Accrued charges and deferred income | 492/3 | €561 | €240 | -€321 | -57.1% |
| Other operating charges | 640/8 | €387 | €55 | -€333 | -85.9% |
| Gross operating margin | 9900 | €29,041 | €191,056 | +€162,015 | +557.9% |
| Operating profit (loss) | 9901 | €28,653 | €191,001 | +€162,348 | +566.6% |
| Financial income | 75/76B | €532 | - | -€532 | |
| Recurring financial income | 75 | €532 | - | -€532 | |
| Financial charges | 65/66B | €974 | €170 | -€804 | -82.5% |
| Recurring financial charges | 65 | €974 | €170 | -€804 | -82.5% |
| Profit (loss) for the period before taxes | 9903 | €28,211 | €190,831 | +€162,620 | +576.4% |
| Income taxes | 67/77 | €7,205 | €17,810 | +€10,606 | +147.2% |
| Profit (loss) for the period | 9904 | €21,006 | €173,021 | +€152,014 | +723.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,006 | €173,021 | +€152,014 | +723.7% |
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 9 October 2026 via checked.be.