DAP ANN MOORS: 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.
DAP ANN MOORS
Largest movements
- Cash -€26,440
down €26,440 (-61.8%), from €42,761 to €16,321
mainly Debts after one year (-€51,637) and Investment in fixed assets (net) (-€42,739)
- Tangible fixed assets -€10,987
down €10,987 (-1.9%), from €566,839 to €555,852
of which Land and buildings: -€11,501
- Receivables within one year -€9,933
down €9,933 (-13.3%), from €74,815 to €64,882
of which Trade receivables: -€23,817
- Debts after one year -€51,637
down €51,637 (-19.1%), from €270,676 to €219,039
- Other debts -€41,877
down €41,877 (-53.7%), from €77,997 to €36,120
- Reserves +€24,888
up €24,888 (+14.8%), from €167,852 to €192,740
of which Distributable reserves: +€31,746
- Current portion of long-term debt +€13,231
up €13,231 (+50.2%), from €26,358 to €39,589
- Gross operating margin +€27,370
up €27,370 (+24.3%), from €112,574 to €139,944
- Taxes +€8,195
up €8,195 (+62.4%), from €13,124 to €21,319
- Depreciation +€5,184
up €5,184 (+10.7%), from €48,542 to €53,726
- Financial charges -€4,490
down €4,490 (-30.7%), from €14,629 to €10,139
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 | €690,941 | €643,594 | -€47,347 | -6.9% |
| Fixed assets | 21/28 | €568,699 | €557,712 | -€10,987 | -1.9% |
| Tangible fixed assets | 22/27 | €566,839 | €555,852 | -€10,987 | -1.9% |
| Land and buildings | 22 | €560,801 | €549,300 | -€11,501 | -2.1% |
| Plant, machinery and equipment | 23 | €3,869 | €3,006 | -€863 | -22.3% |
| Furniture and vehicles | 24 | €2,168 | €3,546 | +€1,377 | +63.5% |
| Financial fixed assets | 28 | €1,860 | €1,860 | = | 0.0% |
| Current assets | 29/58 | €122,242 | €85,882 | -€36,360 | -29.7% |
| Amounts receivable within one year | 40/41 | €74,815 | €64,882 | -€9,933 | -13.3% |
| Trade receivables | 40 | €39,907 | €16,090 | -€23,817 | -59.7% |
| Other amounts receivable | 41 | €34,908 | €48,793 | +€13,884 | +39.8% |
| Cash at bank and in hand | 54/58 | €42,761 | €16,321 | -€26,440 | -61.8% |
| Deferred charges and accrued income | 490/1 | €4,666 | €4,679 | +€13 | +0.3% |
| Total equity and liabilities | 10/49 | €690,941 | €643,594 | -€47,347 | -6.9% |
| Equity | 10/15 | €292,852 | €317,740 | +€24,888 | +8.5% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €167,852 | €192,740 | +€24,888 | +14.8% |
| Non-distributable reserves | 130/1 | €6,858 | - | -€6,858 | |
| Reserves not available under the articles | 1311 | €6,858 | - | -€6,858 | |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €142,244 | €173,990 | +€31,746 | +22.3% |
| Amounts payable | 17/49 | €398,089 | €325,854 | -€72,235 | -18.1% |
| Amounts payable after more than one year | 17 | €270,676 | €219,039 | -€51,637 | -19.1% |
| Financial debts | 170/4 | €270,676 | €219,039 | -€51,637 | -19.1% |
| Amounts payable within one year | 42/48 | €121,915 | €104,465 | -€17,451 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €26,358 | €39,589 | +€13,231 | +50.2% |
| Trade debts | 44 | €7,070 | €11,482 | +€4,411 | +62.4% |
| Suppliers | 440/4 | €7,070 | €11,482 | +€4,411 | +62.4% |
| Taxes, remuneration and social security | 45 | €10,490 | €17,274 | +€6,784 | +64.7% |
| Taxes | 450/3 | €7,990 | €14,774 | +€6,784 | +84.9% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €77,997 | €36,120 | -€41,877 | -53.7% |
| Accrued charges and deferred income | 492/3 | €5,498 | €2,351 | -€3,148 | -57.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,542 | €53,726 | +€5,184 | +10.7% |
| Other operating charges | 640/8 | €5,902 | €6,079 | +€176 | +3.0% |
| Gross operating margin | 9900 | €112,574 | €139,944 | +€27,370 | +24.3% |
| Operating profit (loss) | 9901 | €58,129 | €80,139 | +€22,010 | +37.9% |
| Financial charges | 65/66B | €14,629 | €10,139 | -€4,490 | -30.7% |
| Recurring financial charges | 65 | €14,629 | €10,139 | -€4,490 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €43,500 | €70,000 | +€26,500 | +60.9% |
| Income taxes | 67/77 | €13,124 | €21,319 | +€8,195 | +62.4% |
| Profit (loss) for the period | 9904 | €30,376 | €48,681 | +€18,306 | +60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,376 | €48,681 | +€18,306 | +60.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.