DAPI CONSTRUCT: 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.
DAPI CONSTRUCT
Largest movements
- Receivables within one year +€29,303
up €29,303 (+46.0%), from €63,672 to €92,975
of which Trade receivables: +€29,519
- Tangible fixed assets -€22,680
down €22,680 (-33.0%), from €68,776 to €46,096
of which Furniture and vehicles: -€13,420
- Cash +€18,831
up €18,831 (+16.1%), from €117,308 to €136,139
mainly Other debts (+€110,000) and Net result for the year (+€34,574)
- Deferred charges and accrued income -€5,060
down €5,060 (-17.1%), from €29,556 to €24,496
- Other debts +€110,000
up €110,000 (+733%), from €15,000 to €125,000
- Profit (loss) carried forward -€90,426
down €90,426 (-63.0%), from €143,481 to €53,055
- Debts after one year +€23,127
up €23,127 (+82.0%), from €28,195 to €51,322
- Trade debts -€20,555
down €20,555 (-32.6%), from €63,008 to €42,453
- Gross operating margin -€103,513
down €103,513 (-55.7%), from €185,770 to €82,257
- Taxes -€18,938
down €18,938 (-60.0%), from €31,585 to €12,647
- Depreciation +€8,738
up €8,738 (+43.7%), from €19,977 to €28,715
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 | €279,312 | €299,706 | +€20,394 | +7.3% |
| Fixed assets | 21/28 | €68,776 | €46,096 | -€22,680 | -33.0% |
| Tangible fixed assets | 22/27 | €68,776 | €46,096 | -€22,680 | -33.0% |
| Plant, machinery and equipment | 23 | €34,317 | €25,057 | -€9,260 | -27.0% |
| Furniture and vehicles | 24 | €34,459 | €21,039 | -€13,420 | -38.9% |
| Current assets | 29/58 | €210,536 | €253,610 | +€43,074 | +20.5% |
| Amounts receivable within one year | 40/41 | €63,672 | €92,975 | +€29,303 | +46.0% |
| Trade receivables | 40 | €60,542 | €90,061 | +€29,519 | +48.8% |
| Other amounts receivable | 41 | €3,130 | €2,914 | -€216 | -6.9% |
| Cash at bank and in hand | 54/58 | €117,308 | €136,139 | +€18,831 | +16.1% |
| Deferred charges and accrued income | 490/1 | €29,556 | €24,496 | -€5,060 | -17.1% |
| Total equity and liabilities | 10/49 | €279,312 | €299,706 | +€20,394 | +7.3% |
| Equity | 10/15 | €162,587 | €72,161 | -€90,426 | -55.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €506 | €506 | = | 0.0% |
| Distributable reserves | 133 | €506 | €506 | = | 0.0% |
| Profit (loss) carried forward | 14 | €143,481 | €53,055 | -€90,426 | -63.0% |
| Amounts payable | 17/49 | €116,725 | €227,545 | +€110,820 | +94.9% |
| Amounts payable after more than one year | 17 | €28,195 | €51,322 | +€23,127 | +82.0% |
| Other amounts payable | 178/9 | €28,195 | €51,322 | +€23,127 | +82.0% |
| Amounts payable within one year | 42/48 | €87,811 | €175,679 | +€87,868 | +100% |
| Trade debts | 44 | €63,008 | €42,453 | -€20,555 | -32.6% |
| Suppliers | 440/4 | €63,008 | €42,453 | -€20,555 | -32.6% |
| Taxes, remuneration and social security | 45 | €9,803 | €8,226 | -€1,577 | -16.1% |
| Taxes | 450/3 | €9,803 | €2,572 | -€7,231 | -73.8% |
| Remuneration and social security | 454/9 | - | €5,654 | +€5,654 | |
| Other amounts payable | 47/48 | €15,000 | €125,000 | +€110,000 | +733% |
| Accrued charges and deferred income | 492/3 | €719 | €544 | -€175 | -24.3% |
| Non-recurring operating income | 76A | €9,050 | - | -€9,050 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,977 | €28,715 | +€8,738 | +43.7% |
| Other operating charges | 640/8 | €2,143 | €3,548 | +€1,405 | +65.6% |
| Gross operating margin | 9900 | €185,770 | €82,257 | -€103,513 | -55.7% |
| Operating profit (loss) | 9901 | €163,650 | €49,994 | -€113,656 | -69.5% |
| Financial income | 75/76B | €84 | €644 | +€560 | +667% |
| Recurring financial income | 75 | €84 | €644 | +€560 | +667% |
| Financial charges | 65/66B | €4,822 | €3,417 | -€1,405 | -29.1% |
| Recurring financial charges | 65 | €4,822 | €3,417 | -€1,405 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | €158,912 | €47,221 | -€111,691 | -70.3% |
| Income taxes | 67/77 | €31,585 | €12,647 | -€18,938 | -60.0% |
| Profit (loss) for the period | 9904 | €127,327 | €34,574 | -€92,753 | -72.8% |
| Profit (loss) for the period to be appropriated | 9905 | €127,327 | €34,574 | -€92,753 | -72.8% |
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 15 October 2026 via checked.be.