DAP: 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.
DAP
Largest movements
- Tangible fixed assets -€11,099
down €11,099 (-2.9%), from €376,635 to €365,536
- Debts after one year -€12,899
down €12,899 (-5.3%), from €243,115 to €230,216
of which Financial debts: -€12,899
- Gross operating margin -€4,669
down €4,669 (-21.3%), from €21,964 to €17,295
- Other operating charges -€351
down €351 (-17.9%), from €1,965 to €1,614
- Financial charges -€268
down €268 (-4.8%), from €5,541 to €5,273
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 | €384,158 | €369,588 | -€14,570 | -3.8% |
| Formation expenses | 20 | €629 | €265 | -€364 | -57.8% |
| Fixed assets | 21/28 | €376,635 | €365,536 | -€11,099 | -2.9% |
| Tangible fixed assets | 22/27 | €376,635 | €365,536 | -€11,099 | -2.9% |
| Land and buildings | 22 | €376,635 | €365,536 | -€11,099 | -2.9% |
| Current assets | 29/58 | €6,894 | €3,787 | -€3,107 | -45.1% |
| Amounts receivable within one year | 40/41 | €1,230 | - | -€1,230 | |
| Other amounts receivable | 41 | €1,230 | - | -€1,230 | |
| Cash at bank and in hand | 54/58 | €4,632 | €2,338 | -€2,294 | -49.5% |
| Deferred charges and accrued income | 490/1 | €1,032 | €1,449 | +€417 | +40.4% |
| Total equity and liabilities | 10/49 | €384,158 | €369,588 | -€14,570 | -3.8% |
| Equity | 10/15 | €49,977 | €48,922 | -€1,055 | -2.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,023 | -€26,078 | -€1,055 | -4.2% |
| Amounts payable | 17/49 | €334,181 | €320,667 | -€13,515 | -4.0% |
| Amounts payable after more than one year | 17 | €243,115 | €230,216 | -€12,899 | -5.3% |
| Financial debts | 170/4 | €240,915 | €228,016 | -€12,899 | -5.4% |
| Other amounts payable | 178/9 | €2,200 | €2,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €91,066 | €89,821 | -€1,246 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €12,643 | €12,899 | +€256 | +2.0% |
| Trade debts | 44 | €1,500 | €2,953 | +€1,453 | +96.9% |
| Suppliers | 440/4 | €1,500 | €2,953 | +€1,453 | +96.9% |
| Other amounts payable | 47/48 | €76,924 | €73,968 | -€2,955 | -3.8% |
| Accrued charges and deferred income | 492/3 | - | €630 | +€630 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,463 | €11,463 | = | 0.0% |
| Other operating charges | 640/8 | €1,965 | €1,614 | -€351 | -17.9% |
| Gross operating margin | 9900 | €21,964 | €17,295 | -€4,669 | -21.3% |
| Operating profit (loss) | 9901 | €8,536 | €4,218 | -€4,318 | -50.6% |
| Financial charges | 65/66B | €5,541 | €5,273 | -€268 | -4.8% |
| Recurring financial charges | 65 | €5,541 | €5,273 | -€268 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €2,995 | -€1,055 | -€4,050 | |
| Profit (loss) for the period | 9904 | €2,995 | -€1,055 | -€4,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,995 | -€1,055 | -€4,050 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.