DAPAU: 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.
DAPAU
Largest movements
- Cash +€66,110
up €66,110 (+236.3%), from €27,980 to €94,090
mainly Other debts (+€117,504) and Net result for the year (+€78,863)
- Tangible fixed assets -€24,627
down €24,627 (-17.0%), from €144,902 to €120,274
of which Furniture and vehicles: -€18,067
- Receivables within one year -€19,902
down €19,902 (-68.2%), from €29,191 to €9,289
of which Trade receivables: -€18,718
- Stocks and contracts +€6,823
up €6,823 (+219.6%), from €3,106 to €9,929
- Deferred charges and accrued income +€5,094
up €5,094 (+207.9%), from €2,450 to €7,544
- Other debts +€117,504
up €117,504 (+589.8%), from €19,923 to €137,426
- Reserves -€79,000
down €79,000 (-91.9%), from €86,000 to €7,000
- Debts after one year -€23,772
down €23,772 (-51.7%), from €45,971 to €22,199
- Contributions +€12,400
up €12,400 (+200.0%), from €6,200 to €18,600
- Tax, wage and social debts +€10,443
up €10,443 (+141.9%), from €7,357 to €17,800
of which Taxes: +€11,513
- Gross operating margin +€34,714
up €34,714 (+33.8%), from €102,842 to €137,556
- Taxes +€7,459
up €7,459 (+54.0%), from €13,816 to €21,275
- Depreciation +€5,385
up €5,385 (+19.8%), from €27,256 to €32,641
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 | €207,629 | €241,126 | +€33,498 | +16.1% |
| Fixed assets | 21/28 | €144,902 | €120,274 | -€24,627 | -17.0% |
| Tangible fixed assets | 22/27 | €144,902 | €120,274 | -€24,627 | -17.0% |
| Plant, machinery and equipment | 23 | €20,441 | €21,323 | +€883 | +4.3% |
| Furniture and vehicles | 24 | €69,990 | €51,923 | -€18,067 | -25.8% |
| Other tangible fixed assets | 26 | €54,471 | €47,028 | -€7,443 | -13.7% |
| Current assets | 29/58 | €62,727 | €120,852 | +€58,125 | +92.7% |
| Stocks and contracts in progress | 3 | €3,106 | €9,929 | +€6,823 | +219.6% |
| Stocks | 30/36 | €3,106 | €9,929 | +€6,823 | +219.6% |
| Amounts receivable within one year | 40/41 | €29,191 | €9,289 | -€19,902 | -68.2% |
| Trade receivables | 40 | €28,007 | €9,289 | -€18,718 | -66.8% |
| Other amounts receivable | 41 | €1,184 | - | -€1,184 | |
| Cash at bank and in hand | 54/58 | €27,980 | €94,090 | +€66,110 | +236.3% |
| Deferred charges and accrued income | 490/1 | €2,450 | €7,544 | +€5,094 | +207.9% |
| Total equity and liabilities | 10/49 | €207,629 | €241,126 | +€33,498 | +16.1% |
| Equity | 10/15 | €92,272 | €26,535 | -€65,737 | -71.2% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200.0% |
| Reserves | 13 | €86,000 | €7,000 | -€79,000 | -91.9% |
| Distributable reserves | 133 | €86,000 | €7,000 | -€79,000 | -91.9% |
| Profit (loss) carried forward | 14 | €72 | €935 | +€863 | +1201.9% |
| Amounts payable | 17/49 | €115,357 | €214,591 | +€99,234 | +86.0% |
| Amounts payable after more than one year | 17 | €45,971 | €22,199 | -€23,772 | -51.7% |
| Financial debts | 170/4 | €45,971 | €22,199 | -€23,772 | -51.7% |
| Amounts payable within one year | 42/48 | €66,837 | €190,763 | +€123,925 | +185.4% |
| Current portion of amounts payable after more than one year | 42 | €23,269 | €23,772 | +€503 | +2.2% |
| Trade debts | 44 | €9,239 | €8,014 | -€1,224 | -13.3% |
| Suppliers | 440/4 | €9,239 | €8,014 | -€1,224 | -13.3% |
| Advances received on contracts in progress | 46 | €7,050 | €3,750 | -€3,300 | -46.8% |
| Taxes, remuneration and social security | 45 | €7,357 | €17,800 | +€10,443 | +141.9% |
| Taxes | 450/3 | €6,287 | €17,800 | +€11,513 | +183.1% |
| Remuneration and social security | 454/9 | €1,070 | - | -€1,070 | |
| Other amounts payable | 47/48 | €19,923 | €137,426 | +€117,504 | +589.8% |
| Accrued charges and deferred income | 492/3 | €2,549 | €1,629 | -€919 | -36.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,256 | €32,641 | +€5,385 | +19.8% |
| Other operating charges | 640/8 | €976 | €1,030 | +€54 | +5.5% |
| Non-recurring operating charges | 66A | €788 | €727 | -€60 | -7.7% |
| Gross operating margin | 9900 | €102,842 | €137,556 | +€34,714 | +33.8% |
| Operating profit (loss) | 9901 | €73,822 | €103,157 | +€29,335 | +39.7% |
| Financial income | 75/76B | €255 | €3 | -€252 | -99.0% |
| Recurring financial income | 75 | €255 | €3 | -€252 | -99.0% |
| Financial charges | 65/66B | €4,305 | €3,021 | -€1,284 | -29.8% |
| Recurring financial charges | 65 | €4,305 | €3,021 | -€1,284 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €69,772 | €100,138 | +€30,366 | +43.5% |
| Income taxes | 67/77 | €13,816 | €21,275 | +€7,459 | +54.0% |
| Profit (loss) for the period | 9904 | €55,956 | €78,863 | +€22,907 | +40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €55,956 | €78,863 | +€22,907 | +40.9% |
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 10 October 2026 via checked.be.