DAPCHER: 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.
DAPCHER
Largest movements
- Financial fixed assets -€288,236
down €288,236 (-10.3%), from €2.8m to €2.5m
- Receivables within one year -€119,682
down €119,682 (-11.0%), from €1.1m to €964,387
- Short-term financial debts -€394,590
down €394,590 (-51.1%), from €772,374 to €377,784
- Debts after one year -€99,236
down €99,236 (-8.4%), from €1.2m to €1.1m
- Profit (loss) carried forward +€88,701
up €88,701, from -€55,488 to €33,212
- Financial charges -€918,297
down €918,297 (-98.0%), from €936,913 to €18,616
of which Non-recurring financial charges: -€914,224
- Financial income +€125,076
up €125,076 (+5151.5%), from €2,428 to €127,504
- Taxes +€17,288
new in 2025: €17,288
- Gross operating margin +€75
up €75 (+2.5%), from -€2,974 to -€2,900
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 | €3,871,894 | €3,465,245 | -€406,649 | -10.5% |
| Fixed assets | 21/28 | €2,785,526 | €2,497,290 | -€288,236 | -10.3% |
| Financial fixed assets | 28 | €2,785,526 | €2,497,290 | -€288,236 | -10.3% |
| Current assets | 29/58 | €1,086,367 | €967,955 | -€118,412 | -10.9% |
| Amounts receivable within one year | 40/41 | €1,084,069 | €964,387 | -€119,682 | -11.0% |
| Other amounts receivable | 41 | €1,084,069 | €964,387 | -€119,682 | -11.0% |
| Cash at bank and in hand | 54/58 | €2,298 | €3,567 | +€1,269 | +55.2% |
| Total equity and liabilities | 10/49 | €3,871,894 | €3,465,245 | -€406,649 | -10.5% |
| Equity | 10/15 | €1,914,612 | €2,003,357 | +€88,746 | +4.6% |
| Contributions | 10/11 | €1,970,100 | €1,970,145 | +€45 | 0.0% |
| Profit (loss) carried forward | 14 | -€55,488 | €33,212 | +€88,701 | |
| Amounts payable | 17/49 | €1,957,282 | €1,461,888 | -€495,394 | -25.3% |
| Amounts payable after more than one year | 17 | €1,183,340 | €1,084,104 | -€99,236 | -8.4% |
| Other amounts payable | 178/9 | €1,183,340 | €1,084,104 | -€99,236 | -8.4% |
| Amounts payable within one year | 42/48 | €773,942 | €377,784 | -€396,158 | -51.2% |
| Financial debts | 43 | €772,374 | €377,784 | -€394,590 | -51.1% |
| Credit institutions | 430/8 | €772,374 | €377,784 | -€394,590 | -51.1% |
| Trade debts | 44 | €1,568 | €0 | -€1,568 | -100.0% |
| Suppliers | 440/4 | €1,568 | €0 | -€1,568 | -100.0% |
| Gross operating margin | 9900 | -€2,974 | -€2,900 | +€75 | +2.5% |
| Operating profit (loss) | 9901 | -€2,974 | -€2,900 | +€75 | +2.5% |
| Financial income | 75/76B | €2,428 | €127,504 | +€125,076 | +5151.5% |
| Recurring financial income | 75 | €2,428 | €127,504 | +€125,076 | +5151.5% |
| Financial charges | 65/66B | €936,913 | €18,616 | -€918,297 | -98.0% |
| Recurring financial charges | 65 | €22,689 | €18,616 | -€4,073 | -18.0% |
| Non-recurring financial charges | 66B | €914,224 | €0 | -€914,224 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€937,459 | €105,989 | +€1.0m | |
| Income taxes | 67/77 | - | €17,288 | +€17,288 | |
| Profit (loss) for the period | 9904 | -€937,459 | €88,701 | +€1.0m | |
| Profit (loss) for the period to be appropriated | 9905 | -€937,459 | €88,701 | +€1.0m |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.