DAPHCAN: 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.
DAPHCAN
Largest movements
- Receivables within one year +€16,020
up €16,020 (+13.3%), from €120,242 to €136,261
of which Other amounts receivable: +€14,012
- Cash -€8,174
down €8,174 (-60.7%), from €13,468 to €5,294
mainly Receivables within one year (-€16,020) and Accrued charges and deferred income (-€398)
- Reserves +€8,415
up €8,415 (+9.7%), from €86,446 to €94,861
of which Distributable reserves: +€8,415
- Gross operating margin -€4,018
down €4,018 (-31.0%), from €12,977 to €8,959
- Taxes -€1,393
down €1,393 (-33.2%), from €4,202 to €2,809
- Depreciation -€943
down €943 (-100%), from €943 to €0
- Financial income -€871
down €871 (-16.9%), from €5,151 to €4,280
- Other operating charges +€300
up €300 (+19.4%), from €1,545 to €1,845
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.
Derived cash bridge
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 | €153,224 | €161,070 | +€7,846 | +5.1% |
| Fixed assets | 21/28 | €19,514 | €19,514 | = | 0.0% |
| Tangible fixed assets | 22/27 | €19,514 | €19,514 | = | 0.0% |
| Land and buildings | 22 | €19,514 | €19,514 | = | 0.0% |
| Current assets | 29/58 | €133,710 | €141,556 | +€7,846 | +5.9% |
| Amounts receivable within one year | 40/41 | €120,242 | €136,261 | +€16,020 | +13.3% |
| Trade receivables | 40 | €932 | €2,939 | +€2,008 | +215% |
| Other amounts receivable | 41 | €119,310 | €133,322 | +€14,012 | +11.7% |
| Cash at bank and in hand | 54/58 | €13,468 | €5,294 | -€8,174 | -60.7% |
| Total equity and liabilities | 10/49 | €153,224 | €161,070 | +€7,846 | +5.1% |
| Equity | 10/15 | €148,446 | €156,861 | +€8,415 | +5.7% |
| 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% |
| Reserves | 13 | €86,446 | €94,861 | +€8,415 | +9.7% |
| Non-distributable reserves | 130/1 | €21,405 | €21,405 | = | 0.0% |
| Legal reserve | 130 | €21,405 | €21,405 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,245 | €3,245 | = | 0.0% |
| Distributable reserves | 133 | €61,796 | €70,211 | +€8,415 | +13.6% |
| Amounts payable | 17/49 | €4,777 | €4,209 | -€569 | -11.9% |
| Amounts payable within one year | 42/48 | €4,379 | €4,209 | -€171 | -3.9% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €4,379 | €4,209 | -€171 | -3.9% |
| Taxes | 450/3 | €4,379 | €4,209 | -€171 | -3.9% |
| Accrued charges and deferred income | 492/3 | €398 | €0 | -€398 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €943 | €0 | -€943 | -100% |
| Other operating charges | 640/8 | €1,545 | €1,845 | +€300 | +19.4% |
| Gross operating margin | 9900 | €12,977 | €8,959 | -€4,018 | -31.0% |
| Operating profit (loss) | 9901 | €10,488 | €7,114 | -€3,374 | -32.2% |
| Financial income | 75/76B | €5,151 | €4,280 | -€871 | -16.9% |
| Recurring financial income | 75 | €5,151 | €4,280 | -€871 | -16.9% |
| Financial charges | 65/66B | €196 | €170 | -€25 | -12.9% |
| Recurring financial charges | 65 | €196 | €170 | -€25 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €15,444 | €11,223 | -€4,221 | -27.3% |
| Income taxes | 67/77 | €4,202 | €2,809 | -€1,393 | -33.2% |
| Profit (loss) for the period | 9904 | €11,242 | €8,415 | -€2,827 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,242 | €8,415 | -€2,827 | -25.1% |
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 13 October 2026 via checked.be.