DAP Equidan: what changed
Two fiscal 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 Equidan
Largest movements
- Tangible fixed assets +€91,374
up €91,374 (+83.0%), from €110,071 to €201,444
of which Other tangible fixed assets: +€68,753
- Receivables within one year +€11,006
up €11,006 (+28.7%), from €38,389 to €49,396
of which Trade receivables: +€9,552
- Debts after one year +€81,408
up €81,408 (+213.9%), from €38,068 to €119,476
- Reserves +€35,995
up €35,995 (+43.7%), from €82,321 to €118,315
- Tax, wage and social debts -€19,563
down €19,563 (-68.3%), from €28,653 to €9,089
- Current portion of long-term debt +€13,223
up €13,223 (+98.3%), from €13,450 to €26,673
- Trade debts -€7,453
down €7,453 (-36.9%), from €20,216 to €12,763
- Gross operating margin -€52,211
down €52,211 (-37.4%), from €139,767 to €87,556
- Taxes -€12,916
down €12,916 (-57.4%), from €22,506 to €9,590
- Depreciation +€6,989
up €6,989 (+25.1%), from €27,898 to €34,887
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.
Cash bridge derived
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 | €233,554 | €330,442 | +€96,887 | +41.5% |
| Fixed assets | 21/28 | €110,921 | €202,194 | +€91,274 | +82.3% |
| Intangible fixed assets | 21 | €850 | €750 | -€100 | -11.8% |
| Tangible fixed assets | 22/27 | €110,071 | €201,444 | +€91,374 | +83.0% |
| Plant, machinery and equipment | 23 | €78,763 | €70,958 | -€7,805 | -9.9% |
| Furniture and vehicles | 24 | €24,608 | €19,657 | -€4,951 | -20.1% |
| Leasing and similar rights | 25 | - | €35,376 | +€35,376 | |
| Other tangible fixed assets | 26 | €6,700 | €75,453 | +€68,753 | +1026.2% |
| Current assets | 29/58 | €122,634 | €128,247 | +€5,614 | +4.6% |
| Stocks and contracts in progress | 3 | €37,626 | €35,523 | -€2,103 | -5.6% |
| Stocks | 30/36 | €37,626 | €35,523 | -€2,103 | -5.6% |
| Amounts receivable within one year | 40/41 | €38,389 | €49,396 | +€11,006 | +28.7% |
| Trade receivables | 40 | €38,029 | €47,581 | +€9,552 | +25.1% |
| Other amounts receivable | 41 | €360 | €1,814 | +€1,454 | +404.0% |
| Cash at bank and in hand | 54/58 | €42,161 | €39,986 | -€2,175 | -5.2% |
| Deferred charges and accrued income | 490/1 | €4,457 | €3,343 | -€1,114 | -25.0% |
| Total equity and liabilities | 10/49 | €233,554 | €330,442 | +€96,887 | +41.5% |
| Equity | 10/15 | €84,821 | €120,815 | +€35,995 | +42.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €82,321 | €118,315 | +€35,995 | +43.7% |
| Distributable reserves | 133 | €82,321 | €118,315 | +€35,995 | +43.7% |
| Amounts payable | 17/49 | €148,734 | €209,626 | +€60,893 | +40.9% |
| Amounts payable after more than one year | 17 | €38,068 | €119,476 | +€81,408 | +213.9% |
| Financial debts | 170/4 | €38,068 | €119,476 | +€81,408 | +213.9% |
| Amounts payable within one year | 42/48 | €110,666 | €90,150 | -€20,516 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €13,450 | €26,673 | +€13,223 | +98.3% |
| Trade debts | 44 | €20,216 | €12,763 | -€7,453 | -36.9% |
| Suppliers | 440/4 | €20,216 | €12,763 | -€7,453 | -36.9% |
| Taxes, remuneration and social security | 45 | €28,653 | €9,089 | -€19,563 | -68.3% |
| Taxes | 450/3 | €28,653 | €9,089 | -€19,563 | -68.3% |
| Other amounts payable | 47/48 | €48,347 | €41,625 | -€6,722 | -13.9% |
| Non-recurring operating income | 76A | €1,200 | - | -€1,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,898 | €34,887 | +€6,989 | +25.1% |
| Other operating charges | 640/8 | €1,861 | €1,697 | -€163 | -8.8% |
| Gross operating margin | 9900 | €139,767 | €87,556 | -€52,211 | -37.4% |
| Operating profit (loss) | 9901 | €110,008 | €50,972 | -€59,037 | -53.7% |
| Financial income | 75/76B | €417 | €271 | -€146 | -35.0% |
| Recurring financial income | 75 | €417 | €271 | -€146 | -35.0% |
| Financial charges | 65/66B | €5,598 | €5,658 | +€60 | +1.1% |
| Recurring financial charges | 65 | €5,598 | €5,658 | +€60 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €104,827 | €45,584 | -€59,243 | -56.5% |
| Income taxes | 67/77 | €22,506 | €9,590 | -€12,916 | -57.4% |
| Profit (loss) for the period | 9904 | €82,321 | €35,995 | -€46,326 | -56.3% |
| Profit (loss) for the period to be appropriated | 9905 | €82,321 | €35,995 | -€46,326 | -56.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.