DAP DE VALCK ASTRID: 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 VALCK ASTRID
Largest movements
- Tangible fixed assets +€56,459
up €56,459 (+267%), from €21,161 to €77,620
of which Plant, machinery and equipment: +€57,769
- Receivables within one year +€47,130
up €47,130 (+200%), from €23,602 to €70,732
of which Trade receivables: +€49,464
- Stocks and contracts +€14,170
up €14,170 (+103%), from €13,790 to €27,960
- Cash -€9,461
down €9,461 (-35.7%), from €26,522 to €17,061
mainly Investment in fixed assets (net) (-€66,418) and Receivables within one year (-€47,130)
- Deferred charges and accrued income +€3,016
new in 2025: €3,016
- Reserves +€49,320
up €49,320 (+129%), from €38,200 to €87,520
of which Distributable reserves: +€49,320
- Debts after one year +€48,875
new in 2025: €48,875
- Trade debts +€12,387
up €12,387 (+110%), from €11,283 to €23,670
- Current portion of long-term debt +€5,044
new in 2025: €5,044
- Other debts -€3,010
down €3,010 (-16.7%), from €18,032 to €15,022
- Gross operating margin +€50,678
up €50,678 (+170%), from €29,839 to €80,517
- Taxes +€12,209
up €12,209 (+172%), from €7,110 to €19,319
- Depreciation +€5,768
up €5,768 (+138%), from €4,191 to €9,959
- Financial charges +€1,458
up €1,458 (+2,976%), from €49 to €1,507
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 | €85,075 | €196,389 | +€111,314 | +131% |
| Fixed assets | 21/28 | €21,161 | €77,620 | +€56,459 | +267% |
| Tangible fixed assets | 22/27 | €21,161 | €77,620 | +€56,459 | +267% |
| Plant, machinery and equipment | 23 | €15,933 | €73,702 | +€57,769 | +363% |
| Furniture and vehicles | 24 | €5,228 | €3,918 | -€1,310 | -25.1% |
| Current assets | 29/58 | €63,914 | €118,769 | +€54,855 | +85.8% |
| Stocks and contracts in progress | 3 | €13,790 | €27,960 | +€14,170 | +103% |
| Stocks | 30/36 | €13,790 | €27,960 | +€14,170 | +103% |
| Amounts receivable within one year | 40/41 | €23,602 | €70,732 | +€47,130 | +200% |
| Trade receivables | 40 | €21,268 | €70,732 | +€49,464 | +233% |
| Other amounts receivable | 41 | €2,334 | - | -€2,334 | |
| Cash at bank and in hand | 54/58 | €26,522 | €17,061 | -€9,461 | -35.7% |
| Deferred charges and accrued income | 490/1 | - | €3,016 | +€3,016 | |
| Total equity and liabilities | 10/49 | €85,075 | €196,389 | +€111,314 | +131% |
| Equity | 10/15 | €44,400 | €93,732 | +€49,332 | +111% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €38,200 | €87,520 | +€49,320 | +129% |
| Non-distributable reserves | 130/1 | €600 | €600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €600 | €600 | = | 0.0% |
| Distributable reserves | 133 | €37,600 | €86,920 | +€49,320 | +131% |
| Profit (loss) carried forward | 14 | €200 | €212 | +€12 | +6.0% |
| Amounts payable | 17/49 | €40,675 | €102,657 | +€61,982 | +152% |
| Amounts payable after more than one year | 17 | - | €48,875 | +€48,875 | |
| Financial debts | 170/4 | - | €48,875 | +€48,875 | |
| Amounts payable within one year | 42/48 | €40,675 | €53,782 | +€13,107 | +32.2% |
| Current portion of amounts payable after more than one year | 42 | - | €5,044 | +€5,044 | |
| Trade debts | 44 | €11,283 | €23,670 | +€12,387 | +110% |
| Suppliers | 440/4 | €11,283 | €23,670 | +€12,387 | +110% |
| Taxes, remuneration and social security | 45 | €11,360 | €10,046 | -€1,314 | -11.6% |
| Taxes | 450/3 | €11,360 | €10,046 | -€1,314 | -11.6% |
| Other amounts payable | 47/48 | €18,032 | €15,022 | -€3,010 | -16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,191 | €9,959 | +€5,768 | +138% |
| Other operating charges | 640/8 | €144 | €400 | +€256 | +178% |
| Gross operating margin | 9900 | €29,839 | €80,517 | +€50,678 | +170% |
| Operating profit (loss) | 9901 | €25,504 | €70,158 | +€44,654 | +175% |
| Financial charges | 65/66B | €49 | €1,507 | +€1,458 | +2,976% |
| Recurring financial charges | 65 | €49 | €1,507 | +€1,458 | +2,976% |
| Profit (loss) for the period before taxes | 9903 | €25,455 | €68,651 | +€43,196 | +170% |
| Income taxes | 67/77 | €7,110 | €19,319 | +€12,209 | +172% |
| Profit (loss) for the period | 9904 | €18,345 | €49,332 | +€30,987 | +169% |
| Profit (loss) for the period to be appropriated | 9905 | €18,345 | €49,332 | +€30,987 | +169% |
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 25 October 2026 via checked.be.