DAPSENS - SOYER: 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.
What changed
DAPSENS - SOYER
NACE 16.110, Sawmilling and planing of wood
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€50,837
2024 · €65,396-€14,559
Equity
€1.3m
2024 · €1.2m+€49,492
Cash
€302,696
2024 · €224,898+€77,797
Balance sheet total
€6.3m
2024 · €6.3m+€18,497
Largest movements
Assets
- Tangible fixed assets +€222,760
up €222,760 (+10.4%), from €2.1m to €2.4m
of which Other tangible fixed assets: +€260,743
- Receivables after one year -€128,615
no longer reported in 2025 (was €128,615)
- Receivables within one year -€112,603
down €112,603 (-8.2%), from €1.4m to €1.3m
of which Trade receivables: -€246,444
- Cash +€77,797
up €77,797 (+34.6%), from €224,898 to €302,696
mainly Debts after one year (+€226,425) and Depreciation (+€158,916)
Equity and liabilities
- Trade debts -€230,867
down €230,867 (-13.9%), from €1.7m to €1.4m
- Debts after one year +€226,425
up €226,425 (+14.9%), from €1.5m to €1.7m
Income statement
- Staff costs -€209,760
down €209,760 (-15.0%), from €1.4m to €1.2m
- Gross operating margin -€194,889
down €194,889 (-11.4%), from €1.7m to €1.5m
- Write-downs -€117,601
down €117,601 (-3,711%), from -€3,169 to -€120,770
- Other operating charges +€106,315
up €106,315 (+363%), from €29,261 to €135,576
- Financial income -€43,352
down €43,352 (-43.2%), from €100,343 to €56,991
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.
Result 2024
€65,396
Gross operating margin
-€194,889
Staff costs
+€209,760
Depreciation
+€657
Write-downs
+€117,601
Other operating charges
-€106,315
Financial income
-€43,352
Financial charges
+€1,436
Taxes
+€544
Result 2025
€50,837
raises the resultlowers the result
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.
From operations
+€208,633
Investment
-€379,334
Financing
+€248,498
Cash 2024
€224,898
From operations (derived)
+€208,633
Net result for the year
+€50,837
Depreciation
+€158,916
Receivables after one year
+€128,615
Stocks and contracts
+€40,651
Receivables within one year
+€112,603
Deferred charges and accrued income
-€2,151
Trade debts
-€230,867
Tax, wage and social debts
-€23,547
Advances received
-€1,893
Other debts
-€23,341
Accrued charges and deferred income
-€1,190
Investment (derived)
-€379,334
Investment in fixed assets (net)
-€379,334
Financing
+€248,498
Debts after one year
+€226,425
Current portion of long-term debt
+€16,505
Short-term financial debts
+€6,914
Contributions, distributions and other
-€1,345
Cash 2025
€302,696
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,309,783 | €6,328,280 | +€18,497 | +0.3% |
| Fixed assets | 21/28 | €2,167,740 | €2,388,159 | +€220,418 | +10.2% |
| Intangible fixed assets | 21 | €2,342 | - | -€2,342 | |
| Tangible fixed assets | 22/27 | €2,145,398 | €2,368,159 | +€222,760 | +10.4% |
| Plant, machinery and equipment | 23 | €570,987 | €573,503 | +€2,516 | +0.4% |
| Furniture and vehicles | 24 | €90,107 | €49,608 | -€40,499 | -44.9% |
| Other tangible fixed assets | 26 | €1,484,304 | €1,745,047 | +€260,743 | +17.6% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €4,142,043 | €3,940,122 | -€201,921 | -4.9% |
| Amounts receivable after more than one year | 29 | €128,615 | - | -€128,615 | |
| Other amounts receivable | 291 | €128,615 | - | -€128,615 | |
| Stocks and contracts in progress | 3 | €2,334,100 | €2,293,448 | -€40,651 | -1.7% |
| Stocks | 30/36 | €2,334,100 | €2,293,448 | -€40,651 | -1.7% |
| Amounts receivable within one year | 40/41 | €1,379,265 | €1,266,663 | -€112,603 | -8.2% |
| Trade receivables | 40 | €1,336,425 | €1,089,981 | -€246,444 | -18.4% |
| Other amounts receivable | 41 | €42,840 | €176,681 | +€133,841 | +312% |
| Cash at bank and in hand | 54/58 | €224,898 | €302,696 | +€77,797 | +34.6% |
| Deferred charges and accrued income | 490/1 | €75,165 | €77,315 | +€2,151 | +2.9% |
| Total equity and liabilities | 10/49 | €6,309,783 | €6,328,280 | +€18,497 | +0.3% |
| Equity | 10/15 | €1,241,549 | €1,291,041 | +€49,492 | +4.0% |
| Contributions | 10/11 | €405,653 | €405,653 | = | 0.0% |
| Capital | 10 | €405,653 | €405,653 | = | 0.0% |
| Issued capital | 100 | €405,653 | €405,653 | = | 0.0% |
| Reserves | 13 | €40,565 | €40,565 | = | 0.0% |
| Non-distributable reserves | 130/1 | €40,565 | €40,565 | = | 0.0% |
| Legal reserve | 130 | €40,565 | €40,565 | = | 0.0% |
| Profit (loss) carried forward | 14 | €792,691 | €843,527 | +€50,837 | +6.4% |
| Investment grants | 15 | €2,641 | €1,296 | -€1,345 | -50.9% |
| Amounts payable | 17/49 | €5,068,234 | €5,037,239 | -€30,995 | -0.6% |
| Amounts payable after more than one year | 17 | €1,519,445 | €1,745,870 | +€226,425 | +14.9% |
| Financial debts | 170/4 | €1,519,445 | €1,745,870 | +€226,425 | +14.9% |
| Amounts payable within one year | 42/48 | €3,532,931 | €3,276,701 | -€256,230 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €216,145 | €232,650 | +€16,505 | +7.6% |
| Financial debts | 43 | €1,246,889 | €1,253,803 | +€6,914 | +0.6% |
| Credit institutions | 430/8 | €1,246,889 | €1,253,803 | +€6,914 | +0.6% |
| Trade debts | 44 | €1,662,500 | €1,431,633 | -€230,867 | -13.9% |
| Suppliers | 440/4 | €1,662,500 | €1,431,633 | -€230,867 | -13.9% |
| Advances received on contracts in progress | 46 | €1,893 | - | -€1,893 | |
| Taxes, remuneration and social security | 45 | €242,124 | €218,576 | -€23,547 | -9.7% |
| Taxes | 450/3 | €88,418 | €86,451 | -€1,967 | -2.2% |
| Remuneration and social security | 454/9 | €153,705 | €132,125 | -€21,580 | -14.0% |
| Other amounts payable | 47/48 | €163,379 | €140,039 | -€23,341 | -14.3% |
| Accrued charges and deferred income | 492/3 | €15,859 | €14,668 | -€1,190 | -7.5% |
| Remuneration, social security and pensions | 62 | €1,398,826 | €1,189,067 | -€209,760 | -15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159,573 | €158,916 | -€657 | -0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,169 | -€120,770 | -€117,601 | -3,711% |
| Other operating charges | 640/8 | €29,261 | €135,576 | +€106,315 | +363% |
| Gross operating margin | 9900 | €1,703,302 | €1,508,413 | -€194,889 | -11.4% |
| Operating profit (loss) | 9901 | €118,810 | €145,623 | +€26,813 | +22.6% |
| Financial income | 75/76B | €100,343 | €56,991 | -€43,352 | -43.2% |
| Recurring financial income | 75 | €100,343 | €56,991 | -€43,352 | -43.2% |
| Financial charges | 65/66B | €152,839 | €151,403 | -€1,436 | -0.9% |
| Recurring financial charges | 65 | €152,839 | €151,403 | -€1,436 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €66,315 | €51,212 | -€15,103 | -22.8% |
| Income taxes | 67/77 | €919 | €375 | -€544 | -59.2% |
| Profit (loss) for the period | 9904 | €65,396 | €50,837 | -€14,559 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €65,396 | €50,837 | -€14,559 | -22.3% |
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 16 October 2026 via checked.be.