DAP DE VIERVOETER: 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 VIERVOETER
Largest movements
- Tangible fixed assets +€12,901
up €12,901 (+1.7%), from €754,686 to €767,588
of which Land and buildings: +€11,292
- Cash +€8,679
up €8,679 (+14.6%), from €59,492 to €68,171
mainly Net result for the year (+€74,338) and Other debts (+€40,405)
- Debts after one year -€44,628
down €44,628 (-6.9%), from €649,651 to €605,023
- Other debts +€40,405
up €40,405 (+204%), from €19,782 to €60,186
- Profit (loss) carried forward +€24,338
up €24,338 (+19.6%), from €124,287 to €148,625
- Gross operating margin +€19,883
up €19,883 (+16.2%), from €122,873 to €142,757
- Taxes +€4,501
up €4,501 (+22.0%), from €20,431 to €24,932
- Depreciation +€2,426
up €2,426 (+9.2%), from €26,446 to €28,872
- Other operating charges -€1,802
down €1,802 (-36.4%), from €4,947 to €3,145
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 | €836,479 | €864,094 | +€27,615 | +3.3% |
| Fixed assets | 21/28 | €754,686 | €767,588 | +€12,901 | +1.7% |
| Tangible fixed assets | 22/27 | €754,686 | €767,588 | +€12,901 | +1.7% |
| Land and buildings | 22 | €735,854 | €747,146 | +€11,292 | +1.5% |
| Plant, machinery and equipment | 23 | €5,776 | €14,182 | +€8,406 | +146% |
| Furniture and vehicles | 24 | €13,056 | €6,260 | -€6,796 | -52.1% |
| Current assets | 29/58 | €81,793 | €96,507 | +€14,714 | +18.0% |
| Stocks and contracts in progress | 3 | €9,740 | €14,877 | +€5,136 | +52.7% |
| Stocks | 30/36 | €9,740 | €14,877 | +€5,136 | +52.7% |
| Amounts receivable within one year | 40/41 | €9,427 | €9,919 | +€492 | +5.2% |
| Trade receivables | 40 | €4,602 | €9,860 | +€5,258 | +114% |
| Other amounts receivable | 41 | €4,825 | €59 | -€4,766 | -98.8% |
| Cash at bank and in hand | 54/58 | €59,492 | €68,171 | +€8,679 | +14.6% |
| Deferred charges and accrued income | 490/1 | €3,133 | €3,539 | +€406 | +13.0% |
| Total equity and liabilities | 10/49 | €836,479 | €864,094 | +€27,615 | +3.3% |
| Equity | 10/15 | €126,287 | €150,625 | +€24,338 | +19.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,287 | €148,625 | +€24,338 | +19.6% |
| Amounts payable | 17/49 | €710,193 | €713,469 | +€3,277 | +0.5% |
| Amounts payable after more than one year | 17 | €649,651 | €605,023 | -€44,628 | -6.9% |
| Financial debts | 170/4 | €649,651 | €605,023 | -€44,628 | -6.9% |
| Amounts payable within one year | 42/48 | €57,607 | €107,191 | +€49,584 | +86.1% |
| Current portion of amounts payable after more than one year | 42 | €24,344 | €24,628 | +€285 | +1.2% |
| Trade debts | 44 | €8,033 | €12,399 | +€4,367 | +54.4% |
| Suppliers | 440/4 | €8,033 | €12,399 | +€4,367 | +54.4% |
| Taxes, remuneration and social security | 45 | €5,449 | €9,977 | +€4,528 | +83.1% |
| Taxes | 450/3 | €5,449 | €7,377 | +€1,928 | +35.4% |
| Remuneration and social security | 454/9 | - | €2,600 | +€2,600 | |
| Other amounts payable | 47/48 | €19,782 | €60,186 | +€40,405 | +204% |
| Accrued charges and deferred income | 492/3 | €2,935 | €1,256 | -€1,679 | -57.2% |
| Non-recurring operating income | 76A | - | €416 | +€416 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,446 | €28,872 | +€2,426 | +9.2% |
| Other operating charges | 640/8 | €4,947 | €3,145 | -€1,802 | -36.4% |
| Non-recurring operating charges | 66A | - | €218 | +€218 | |
| Gross operating margin | 9900 | €122,873 | €142,757 | +€19,883 | +16.2% |
| Operating profit (loss) | 9901 | €91,481 | €110,522 | +€19,041 | +20.8% |
| Financial income | 75/76B | €0 | €17 | +€17 | +42,925% |
| Recurring financial income | 75 | €0 | €17 | +€17 | +42,925% |
| Financial charges | 65/66B | €12,249 | €11,269 | -€979 | -8.0% |
| Recurring financial charges | 65 | €12,249 | €11,269 | -€979 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €79,232 | €99,270 | +€20,038 | +25.3% |
| Income taxes | 67/77 | €20,431 | €24,932 | +€4,501 | +22.0% |
| Profit (loss) for the period | 9904 | €58,802 | €74,338 | +€15,536 | +26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €58,802 | €74,338 | +€15,536 | +26.4% |
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 14 October 2026 via checked.be.