DAPE CONSULT: 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.
DAPE CONSULT
Largest movements
- Cash -€28,591
down €28,591 (-65.0%), from €43,970 to €15,379
mainly Net result for the year (-€23,778) and Other debts (-€22,570)
- Receivables within one year -€17,540
down €17,540 (-70.2%), from €24,974 to €7,434
- Stocks and contracts +€10,219
up €10,219 (+78.7%), from €12,983 to €23,202
- Tangible fixed assets -€9,806
down €9,806 (-9.8%), from €99,586 to €89,780
of which Plant, machinery and equipment: -€9,719
- Profit (loss) carried forward -€23,777
down €23,777 (-317.6%), from -€7,487 to -€31,264
- Other debts -€22,570
down €22,570 (-37.5%), from €60,200 to €37,630
- Current portion of long-term debt -€11,939
down €11,939 (-76.8%), from €15,549 to €3,610
- Trade debts +€11,514
up €11,514 (+101.8%), from €11,306 to €22,820
of which Suppliers: +€17,723
- Debts after one year -€3,610
no longer reported in 2025 (was €3,610)
- Staff costs +€28,358
up €28,358 (+10.8%), from €261,610 to €289,968
- Gross operating margin +€14,856
up €14,856 (+5.2%), from €285,251 to €300,107
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 | €193,967 | €146,394 | -€47,573 | -24.5% |
| Fixed assets | 21/28 | €109,272 | €98,466 | -€10,806 | -9.9% |
| Intangible fixed assets | 21 | €4,636 | €3,636 | -€1,000 | -21.6% |
| Tangible fixed assets | 22/27 | €99,586 | €89,780 | -€9,806 | -9.8% |
| Plant, machinery and equipment | 23 | €75,539 | €65,820 | -€9,719 | -12.9% |
| Furniture and vehicles | 24 | €24,047 | €23,261 | -€786 | -3.3% |
| Other tangible fixed assets | 26 | - | €699 | +€699 | |
| Financial fixed assets | 28 | €5,050 | €5,050 | = | 0.0% |
| Current assets | 29/58 | €84,695 | €47,928 | -€36,767 | -43.4% |
| Stocks and contracts in progress | 3 | €12,983 | €23,202 | +€10,219 | +78.7% |
| Stocks | 30/36 | €12,983 | €23,202 | +€10,219 | +78.7% |
| Amounts receivable within one year | 40/41 | €24,974 | €7,434 | -€17,540 | -70.2% |
| Trade receivables | 40 | €24,974 | €7,434 | -€17,540 | -70.2% |
| Cash at bank and in hand | 54/58 | €43,970 | €15,379 | -€28,591 | -65.0% |
| Deferred charges and accrued income | 490/1 | €2,768 | €1,913 | -€855 | -30.9% |
| Total equity and liabilities | 10/49 | €193,967 | €146,394 | -€47,573 | -24.5% |
| Equity | 10/15 | €56,513 | €32,736 | -€23,777 | -42.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €54,000 | €54,000 | = | 0.0% |
| Distributable reserves | 133 | €54,000 | €54,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,487 | -€31,264 | -€23,777 | -317.6% |
| Amounts payable | 17/49 | €137,454 | €113,658 | -€23,796 | -17.3% |
| Amounts payable after more than one year | 17 | €3,610 | - | -€3,610 | |
| Financial debts | 170/4 | €3,610 | - | -€3,610 | |
| Amounts payable within one year | 42/48 | €133,844 | €113,658 | -€20,186 | -15.1% |
| Current portion of amounts payable after more than one year | 42 | €15,549 | €3,610 | -€11,939 | -76.8% |
| Trade debts | 44 | €11,306 | €22,820 | +€11,514 | +101.8% |
| Suppliers | 440/4 | €5,097 | €22,820 | +€17,723 | +347.7% |
| Bills of exchange payable | 441 | €6,209 | - | -€6,209 | |
| Taxes, remuneration and social security | 45 | €46,789 | €49,598 | +€2,809 | +6.0% |
| Taxes | 450/3 | €12,865 | €12,639 | -€226 | -1.8% |
| Remuneration and social security | 454/9 | €33,924 | €36,959 | +€3,035 | +8.9% |
| Other amounts payable | 47/48 | €60,200 | €37,630 | -€22,570 | -37.5% |
| Remuneration, social security and pensions | 62 | €261,610 | €289,968 | +€28,358 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,843 | €26,866 | +€1,023 | +4.0% |
| Other operating charges | 640/8 | €4,590 | €1,954 | -€2,636 | -57.4% |
| Gross operating margin | 9900 | €285,251 | €300,107 | +€14,856 | +5.2% |
| Operating profit (loss) | 9901 | -€6,792 | -€18,681 | -€11,889 | -175.0% |
| Financial income | 75/76B | €7 | €4 | -€3 | -42.9% |
| Recurring financial income | 75 | €7 | €4 | -€3 | -42.9% |
| Financial charges | 65/66B | €3,508 | €5,101 | +€1,593 | +45.4% |
| Recurring financial charges | 65 | €3,508 | €5,101 | +€1,593 | +45.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,293 | -€23,778 | -€13,485 | -131.0% |
| Income taxes | 67/77 | -€2,574 | - | +€2,574 | |
| Profit (loss) for the period | 9904 | -€7,719 | -€23,778 | -€16,059 | -208.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,719 | -€23,778 | -€16,059 | -208.0% |
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 11 October 2026 via checked.be.