DAP De Beleyr: 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 Beleyr
Largest movements
- Cash +€62,511
up €62,511 (+126%), from €49,634 to €112,145
mainly Other debts (+€132,866) and Net result for the year (+€69,036)
- Current investments -€17,718
down €17,718 (-8.3%), from €213,497 to €195,779
- Receivables within one year -€10,109
down €10,109 (-11.4%), from €89,006 to €78,897
of which Other amounts receivable: -€17,207
- Other debts +€132,866
up €132,866 (+7,558%), from €1,758 to €134,624
- Reserves -€74,001
down €74,001 (-14.2%), from €520,076 to €446,076
- Debts after one year -€40,596
down €40,596 (-47.6%), from €85,267 to €44,671
- Tax, wage and social debts +€22,366
up €22,366 (+77.0%), from €29,063 to €51,429
of which Taxes: +€24,005
- Staff costs +€25,447
up €25,447 (+16.6%), from €153,093 to €178,540
- Gross operating margin +€21,792
up €21,792 (+7.0%), from €311,144 to €332,936
- Depreciation -€6,403
down €6,403 (-12.0%), from €53,469 to €47,066
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 | €730,106 | €775,251 | +€45,145 | +6.2% |
| Fixed assets | 21/28 | €282,804 | €290,168 | +€7,364 | +2.6% |
| Tangible fixed assets | 22/27 | €282,628 | €289,882 | +€7,254 | +2.6% |
| Plant, machinery and equipment | 23 | €9,957 | €11,531 | +€1,574 | +15.8% |
| Furniture and vehicles | 24 | €35,387 | €24,681 | -€10,706 | -30.3% |
| Other tangible fixed assets | 26 | €237,284 | €253,670 | +€16,386 | +6.9% |
| Financial fixed assets | 28 | €176 | €286 | +€110 | +62.5% |
| Current assets | 29/58 | €447,302 | €485,083 | +€37,781 | +8.4% |
| Stocks and contracts in progress | 3 | €87,869 | €84,660 | -€3,209 | -3.7% |
| Stocks | 30/36 | €87,869 | €84,660 | -€3,209 | -3.7% |
| Amounts receivable within one year | 40/41 | €89,006 | €78,897 | -€10,109 | -11.4% |
| Trade receivables | 40 | €47,546 | €54,644 | +€7,098 | +14.9% |
| Other amounts receivable | 41 | €41,460 | €24,253 | -€17,207 | -41.5% |
| Current investments | 50/53 | €213,497 | €195,779 | -€17,718 | -8.3% |
| Cash at bank and in hand | 54/58 | €49,634 | €112,145 | +€62,511 | +126% |
| Deferred charges and accrued income | 490/1 | €7,296 | €13,602 | +€6,306 | +86.4% |
| Total equity and liabilities | 10/49 | €730,106 | €775,251 | +€45,145 | +6.2% |
| Equity | 10/15 | €540,757 | €466,792 | -€73,965 | -13.7% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €520,076 | €446,076 | -€74,001 | -14.2% |
| Distributable reserves | 133 | €520,076 | €446,076 | -€74,001 | -14.2% |
| Profit (loss) carried forward | 14 | €1,681 | €1,717 | +€36 | +2.1% |
| Amounts payable | 17/49 | €189,349 | €308,459 | +€119,110 | +62.9% |
| Amounts payable after more than one year | 17 | €85,267 | €44,671 | -€40,596 | -47.6% |
| Financial debts | 170/4 | €85,267 | €44,671 | -€40,596 | -47.6% |
| Amounts payable within one year | 42/48 | €104,082 | €263,788 | +€159,706 | +153% |
| Current portion of amounts payable after more than one year | 42 | €39,992 | €40,596 | +€604 | +1.5% |
| Financial debts | 43 | - | €493 | +€493 | |
| Credit institutions | 430/8 | - | €493 | +€493 | |
| Trade debts | 44 | €33,269 | €36,647 | +€3,378 | +10.2% |
| Suppliers | 440/4 | €33,269 | €36,647 | +€3,378 | +10.2% |
| Taxes, remuneration and social security | 45 | €29,063 | €51,429 | +€22,366 | +77.0% |
| Taxes | 450/3 | €6,800 | €30,805 | +€24,005 | +353% |
| Remuneration and social security | 454/9 | €22,263 | €20,624 | -€1,639 | -7.4% |
| Other amounts payable | 47/48 | €1,758 | €134,624 | +€132,866 | +7,558% |
| Remuneration, social security and pensions | 62 | €153,093 | €178,540 | +€25,447 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,469 | €47,066 | -€6,403 | -12.0% |
| Other operating charges | 640/8 | €2,358 | €5,371 | +€3,013 | +128% |
| Gross operating margin | 9900 | €311,144 | €332,936 | +€21,792 | +7.0% |
| Operating profit (loss) | 9901 | €102,224 | €101,958 | -€266 | -0.3% |
| Financial income | 75/76B | €939 | €1,723 | +€784 | +83.5% |
| Recurring financial income | 75 | €939 | €1,723 | +€784 | +83.5% |
| Financial charges | 65/66B | €2,641 | €2,678 | +€37 | +1.4% |
| Recurring financial charges | 65 | €2,641 | €2,678 | +€37 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €100,522 | €101,003 | +€481 | +0.5% |
| Income taxes | 67/77 | €32,019 | €31,967 | -€52 | -0.2% |
| Profit (loss) for the period | 9904 | €68,503 | €69,036 | +€533 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €68,503 | €69,036 | +€533 | +0.8% |
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 20 October 2026 via checked.be.