DAPITEX: 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.
DAPITEX
Largest movements
- Receivables within one year +€194,464
up €194,464 (+102.8%), from €189,202 to €383,665
of which Other amounts receivable: +€192,044
- Financial fixed assets -€150,000
down €150,000 (-3.3%), from €4.5m to €4.4m
- Debts after one year -€350,000
down €350,000 (-100.0%), from €350,000 to €0
- Reserves +€310,288
up €310,288 (+7.0%), from €4.4m to €4.7m
of which Distributable reserves: +€310,288
- Current portion of long-term debt +€175,000
up €175,000, from €0 to €175,000
- Other debts -€128,182
down €128,182 (-95.1%), from €134,796 to €6,614
- Gross operating margin +€140,393
up €140,393 (+109.4%), from €128,367 to €268,760
- Depreciation -€5,451
down €5,451 (-15.8%), from €34,478 to €29,027
- Financial charges -€3,045
down €3,045 (-30.4%), from €10,005 to €6,959
- Taxes +€2,996
up €2,996 (+6.8%), from €44,047 to €47,043
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 | €6,398,401 | €6,389,992 | -€8,408 | -0.1% |
| Fixed assets | 21/28 | €5,204,944 | €5,025,917 | -€179,027 | -3.4% |
| Tangible fixed assets | 22/27 | €659,639 | €630,612 | -€29,027 | -4.4% |
| Land and buildings | 22 | €584,227 | €584,227 | = | 0.0% |
| Furniture and vehicles | 24 | €75,412 | €46,385 | -€29,027 | -38.5% |
| Financial fixed assets | 28 | €4,545,305 | €4,395,305 | -€150,000 | -3.3% |
| Current assets | 29/58 | €1,193,457 | €1,364,075 | +€170,619 | +14.3% |
| Amounts receivable after more than one year | 29 | €892,500 | €922,500 | +€30,000 | +3.4% |
| Other amounts receivable | 291 | €892,500 | €922,500 | +€30,000 | +3.4% |
| Amounts receivable within one year | 40/41 | €189,202 | €383,665 | +€194,464 | +102.8% |
| Trade receivables | 40 | €2,420 | €4,840 | +€2,420 | +100.0% |
| Other amounts receivable | 41 | €186,782 | €378,825 | +€192,044 | +102.8% |
| Cash at bank and in hand | 54/58 | €108,530 | €53,952 | -€54,578 | -50.3% |
| Deferred charges and accrued income | 490/1 | €3,225 | €3,958 | +€733 | +22.7% |
| Total equity and liabilities | 10/49 | €6,398,401 | €6,389,992 | -€8,408 | -0.1% |
| Equity | 10/15 | €5,874,175 | €6,184,464 | +€310,288 | +5.3% |
| Contributions | 10/11 | €1,450,000 | €1,450,000 | = | 0.0% |
| Capital | 10 | €1,450,000 | €1,450,000 | = | 0.0% |
| Issued capital | 100 | €1,450,000 | €1,450,000 | = | 0.0% |
| Reserves | 13 | €4,424,175 | €4,734,464 | +€310,288 | +7.0% |
| Non-distributable reserves | 130/1 | €145,000 | €145,000 | = | 0.0% |
| Legal reserve | 130 | €145,000 | €145,000 | = | 0.0% |
| Distributable reserves | 133 | €4,279,175 | €4,589,464 | +€310,288 | +7.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €524,225 | €205,529 | -€318,697 | -60.8% |
| Amounts payable after more than one year | 17 | €350,000 | €0 | -€350,000 | -100.0% |
| Other amounts payable | 178/9 | €350,000 | €0 | -€350,000 | -100.0% |
| Amounts payable within one year | 42/48 | €174,225 | €205,319 | +€31,094 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | €175,000 | +€175,000 | |
| Trade debts | 44 | €12,106 | €6,086 | -€6,020 | -49.7% |
| Suppliers | 440/4 | €12,106 | €6,086 | -€6,020 | -49.7% |
| Taxes, remuneration and social security | 45 | €27,323 | €17,619 | -€9,704 | -35.5% |
| Taxes | 450/3 | €27,323 | €17,619 | -€9,704 | -35.5% |
| Other amounts payable | 47/48 | €134,796 | €6,614 | -€128,182 | -95.1% |
| Accrued charges and deferred income | 492/3 | - | €210 | +€210 | |
| Non-recurring operating income | 76A | €0 | €88,889 | +€88,889 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,478 | €29,027 | -€5,451 | -15.8% |
| Other operating charges | 640/8 | €2,606 | €2,906 | +€301 | +11.5% |
| Gross operating margin | 9900 | €128,367 | €268,760 | +€140,393 | +109.4% |
| Operating profit (loss) | 9901 | €91,284 | €236,827 | +€145,544 | +159.4% |
| Financial income | 75/76B | €128,209 | €127,463 | -€746 | -0.6% |
| Recurring financial income | 75 | €128,209 | €127,463 | -€746 | -0.6% |
| Financial charges | 65/66B | €10,005 | €6,959 | -€3,045 | -30.4% |
| Recurring financial charges | 65 | €10,005 | €6,959 | -€3,045 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €209,488 | €357,331 | +€147,844 | +70.6% |
| Income taxes | 67/77 | €44,047 | €47,043 | +€2,996 | +6.8% |
| Profit (loss) for the period | 9904 | €165,440 | €310,288 | +€144,848 | +87.6% |
| Profit (loss) for the period to be appropriated | 9905 | €165,440 | €310,288 | +€144,848 | +87.6% |
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 9 October 2026 via checked.be.