DAPHAS: 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.
DAPHAS
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year +€1.1m
new in 2025: €1.1m
- Other debts -€1.1m
no longer reported in 2025 (was €1.1m)
- Depreciation -€19,409
down €19,409 (-93.4%), from €20,779 to €1,370
- Financial income +€2,267
up €2,267 (+69.6%), from €3,256 to €5,522
- Other operating charges -€1,631
down €1,631 (-39.4%), from €4,142 to €2,512
- Gross operating margin -€1,404
down €1,404 (-7.1%), from €19,827 to €18,423
- Taxes -€710
down €710 (-78.1%), from €909 to €199
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 | €1,998,366 | €2,017,974 | +€19,608 | +1.0% |
| Fixed assets | 21/28 | €1,669,426 | €1,668,056 | -€1,370 | -0.1% |
| Tangible fixed assets | 22/27 | €1,669,426 | €1,668,056 | -€1,370 | -0.1% |
| Land and buildings | 22 | €1,660,327 | €1,660,327 | = | 0.0% |
| Plant, machinery and equipment | 23 | €9,099 | €7,729 | -€1,370 | -15.1% |
| Current assets | 29/58 | €328,940 | €349,918 | +€20,978 | +6.4% |
| Current investments | 50/53 | €106,017 | €107,656 | +€1,639 | +1.5% |
| Cash at bank and in hand | 54/58 | €221,901 | €238,403 | +€16,502 | +7.4% |
| Deferred charges and accrued income | 490/1 | €1,022 | €3,859 | +€2,837 | +277.5% |
| Total equity and liabilities | 10/49 | €1,998,366 | €2,017,974 | +€19,608 | +1.0% |
| Equity | 10/15 | €901,414 | €921,022 | +€19,608 | +2.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,031,525 | €1,031,525 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€198,311 | -€178,703 | +€19,608 | +9.9% |
| Amounts payable | 17/49 | €1,096,952 | €1,096,952 | = | 0.0% |
| Amounts payable after more than one year | 17 | - | €1,096,952 | +€1.1m | |
| Other amounts payable | 178/9 | - | €1,096,952 | +€1.1m | |
| Amounts payable within one year | 42/48 | €1,096,952 | - | -€1.1m | |
| Other amounts payable | 47/48 | €1,096,952 | - | -€1.1m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,779 | €1,370 | -€19,409 | -93.4% |
| Other operating charges | 640/8 | €4,142 | €2,512 | -€1,631 | -39.4% |
| Gross operating margin | 9900 | €19,827 | €18,423 | -€1,404 | -7.1% |
| Operating profit (loss) | 9901 | -€5,095 | €14,541 | +€19,636 | |
| Financial income | 75/76B | €3,256 | €5,522 | +€2,267 | +69.6% |
| Recurring financial income | 75 | €3,256 | €5,522 | +€2,267 | +69.6% |
| Financial charges | 65/66B | €54 | €256 | +€202 | +374.7% |
| Recurring financial charges | 65 | €54 | €256 | +€202 | +374.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,893 | €19,807 | +€21,700 | |
| Income taxes | 67/77 | €909 | €199 | -€710 | -78.1% |
| Profit (loss) for the period | 9904 | -€2,802 | €19,608 | +€22,410 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,802 | €19,608 | +€22,410 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.