DAP DE BARDELINDE: 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 DE BARDELINDE
Largest movements
- Tangible fixed assets -€49,225
down €49,225 (-10.9%), from €451,971 to €402,746
- Cash +€42,312
up €42,312 (+317%), from €13,356 to €55,668
mainly Net result for the year (+€76,853) and Depreciation (+€55,090)
- Receivables within one year +€23,014
up €23,014 (+133%), from €17,346 to €40,360
of which Trade receivables: +€23,014
- Stocks and contracts +€8,396
up €8,396 (+21.3%), from €39,387 to €47,783
- Reserves +€52,141
up €52,141 (+237%), from €21,959 to €74,100
- Debts after one year -€51,910
down €51,910 (-24.8%), from €208,899 to €156,989
- Tax, wage and social debts +€26,276
up €26,276 (+201%), from €13,054 to €39,330
of which Taxes: +€24,429
- Profit (loss) carried forward +€24,712
up €24,712, from -€24,712 to €0
- Other debts -€21,526
down €21,526 (-9.0%), from €237,933 to €216,407
- Gross operating margin +€82,416
up €82,416 (+94.2%), from €87,500 to €169,916
- Depreciation -€46,636
down €46,636 (-45.8%), from €101,726 to €55,090
- Taxes +€20,138
up €20,138 (+6,390%), from €315 to €20,453
- Staff costs +€8,526
new in 2025: €8,526
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 | €528,362 | €550,613 | +€22,251 | +4.2% |
| Fixed assets | 21/28 | €451,973 | €402,748 | -€49,225 | -10.9% |
| Intangible fixed assets | 21 | €2 | €1 | -€0 | -12.0% |
| Tangible fixed assets | 22/27 | €451,971 | €402,746 | -€49,225 | -10.9% |
| Land and buildings | 22 | €352,030 | €337,550 | -€14,480 | -4.1% |
| Plant, machinery and equipment | 23 | €49,031 | €32,094 | -€16,936 | -34.5% |
| Furniture and vehicles | 24 | €10,462 | €10,614 | +€152 | +1.5% |
| Leasing and similar rights | 25 | €40,449 | €22,488 | -€17,961 | -44.4% |
| Current assets | 29/58 | €76,389 | €147,865 | +€71,476 | +93.6% |
| Stocks and contracts in progress | 3 | €39,387 | €47,783 | +€8,396 | +21.3% |
| Stocks | 30/36 | €39,387 | €47,783 | +€8,396 | +21.3% |
| Amounts receivable within one year | 40/41 | €17,346 | €40,360 | +€23,014 | +133% |
| Trade receivables | 40 | €17,346 | €40,360 | +€23,014 | +133% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €13,356 | €55,668 | +€42,312 | +317% |
| Deferred charges and accrued income | 490/1 | €6,300 | €4,054 | -€2,247 | -35.7% |
| Total equity and liabilities | 10/49 | €528,362 | €550,613 | +€22,251 | +4.2% |
| Equity | 10/15 | €2,047 | €78,900 | +€76,853 | +3,754% |
| Contributions | 10/11 | €4,800 | €4,800 | = | 0.0% |
| Reserves | 13 | €21,959 | €74,100 | +€52,141 | +237% |
| Distributable reserves | 133 | €21,959 | €74,100 | +€52,141 | +237% |
| Profit (loss) carried forward | 14 | -€24,712 | €0 | +€24,712 | |
| Amounts payable | 17/49 | €526,315 | €471,713 | -€54,602 | -10.4% |
| Amounts payable after more than one year | 17 | €208,899 | €156,989 | -€51,910 | -24.8% |
| Financial debts | 170/4 | €208,899 | €156,989 | -€51,910 | -24.8% |
| Amounts payable within one year | 42/48 | €317,416 | €314,724 | -€2,692 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €52,253 | €50,159 | -€2,095 | -4.0% |
| Trade debts | 44 | €14,176 | €8,829 | -€5,348 | -37.7% |
| Suppliers | 440/4 | €14,176 | €8,829 | -€5,348 | -37.7% |
| Taxes, remuneration and social security | 45 | €13,054 | €39,330 | +€26,276 | +201% |
| Taxes | 450/3 | €9,548 | €33,977 | +€24,429 | +256% |
| Remuneration and social security | 454/9 | €3,506 | €5,353 | +€1,847 | +52.7% |
| Other amounts payable | 47/48 | €237,933 | €216,407 | -€21,526 | -9.0% |
| Remuneration, social security and pensions | 62 | - | €8,526 | +€8,526 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,726 | €55,090 | -€46,636 | -45.8% |
| Other operating charges | 640/8 | €2,560 | €2,336 | -€225 | -8.8% |
| Gross operating margin | 9900 | €87,500 | €169,916 | +€82,416 | +94.2% |
| Operating profit (loss) | 9901 | -€16,787 | €103,964 | +€120,750 | |
| Financial income | 75/76B | €319 | €55 | -€264 | -82.9% |
| Recurring financial income | 75 | €319 | €55 | -€264 | -82.9% |
| Financial charges | 65/66B | €7,929 | €6,712 | -€1,217 | -15.3% |
| Recurring financial charges | 65 | €7,929 | €6,712 | -€1,217 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | -€24,397 | €97,306 | +€121,703 | |
| Income taxes | 67/77 | €315 | €20,453 | +€20,138 | +6,390% |
| Profit (loss) for the period | 9904 | -€24,712 | €76,853 | +€101,565 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,712 | €76,853 | +€101,565 |
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 31 October 2026 via checked.be.