DAP KLAVET: 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.
DAP KLAVET
Largest movements
- Tangible fixed assets -€52,585
down €52,585 (-6.1%), from €865,001 to €812,416
of which Land and buildings: -€35,177
- Cash -€21,976
down €21,976 (-12.9%), from €170,776 to €148,800
mainly Other debts (-€135,096) and Contributions, distributions and other (-€89,748)
- Other debts -€135,096
down €135,096 (-59.0%), from €228,815 to €93,719
- Debts after one year +€34,008
up €34,008 (+8.0%), from €425,813 to €459,820
- Current portion of long-term debt +€23,050
up €23,050 (+42.5%), from €54,280 to €77,330
- Profit (loss) carried forward -€14,852
down €14,852 (-100%), from €14,852 to €0
- Accrued charges and deferred income -€12,607
down €12,607 (-67.5%), from €18,676 to €6,069
- Gross operating margin -€35,571
down €35,571 (-10.9%), from €327,119 to €291,549
- Financial charges -€11,321
down €11,321 (-35.8%), from €31,647 to €20,326
- Taxes -€9,229
down €9,229 (-19.5%), from €47,361 to €38,133
- Other operating charges +€4,679
up €4,679 (+84.4%), from €5,547 to €10,227
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 | €1,203,589 | €1,131,400 | -€72,188 | -6.0% |
| Fixed assets | 21/28 | €865,011 | €812,416 | -€52,594 | -6.1% |
| Intangible fixed assets | 21 | €9 | €0 | -€9 | -100% |
| Tangible fixed assets | 22/27 | €865,001 | €812,416 | -€52,585 | -6.1% |
| Land and buildings | 22 | €686,485 | €651,308 | -€35,177 | -5.1% |
| Plant, machinery and equipment | 23 | €118,375 | €110,172 | -€8,203 | -6.9% |
| Furniture and vehicles | 24 | €55,042 | €50,937 | -€4,105 | -7.5% |
| Leasing and similar rights | 25 | €5,100 | €0 | -€5,100 | -100% |
| Current assets | 29/58 | €338,578 | €318,984 | -€19,594 | -5.8% |
| Stocks and contracts in progress | 3 | €111,163 | €110,522 | -€641 | -0.6% |
| Stocks | 30/36 | €111,163 | €110,522 | -€641 | -0.6% |
| Amounts receivable within one year | 40/41 | €51,011 | €51,437 | +€426 | +0.8% |
| Trade receivables | 40 | €49,511 | €51,437 | +€1,926 | +3.9% |
| Other amounts receivable | 41 | €1,500 | €0 | -€1,500 | -100% |
| Cash at bank and in hand | 54/58 | €170,776 | €148,800 | -€21,976 | -12.9% |
| Deferred charges and accrued income | 490/1 | €5,629 | €8,226 | +€2,597 | +46.1% |
| Total equity and liabilities | 10/49 | €1,203,589 | €1,131,400 | -€72,188 | -6.0% |
| Equity | 10/15 | €421,442 | €416,519 | -€4,923 | -1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €387,990 | €397,919 | +€9,928 | +2.6% |
| Distributable reserves | 133 | €387,990 | €397,919 | +€9,928 | +2.6% |
| Profit (loss) carried forward | 14 | €14,852 | €0 | -€14,852 | -100% |
| Amounts payable | 17/49 | €782,147 | €714,881 | -€67,265 | -8.6% |
| Amounts payable after more than one year | 17 | €425,813 | €459,820 | +€34,008 | +8.0% |
| Financial debts | 170/4 | €425,813 | €459,820 | +€34,008 | +8.0% |
| Amounts payable within one year | 42/48 | €337,658 | €248,992 | -€88,666 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €54,280 | €77,330 | +€23,050 | +42.5% |
| Trade debts | 44 | €27,323 | €39,457 | +€12,134 | +44.4% |
| Suppliers | 440/4 | €27,323 | €39,457 | +€12,134 | +44.4% |
| Taxes, remuneration and social security | 45 | €27,240 | €38,486 | +€11,246 | +41.3% |
| Taxes | 450/3 | €20,754 | €38,483 | +€17,729 | +85.4% |
| Remuneration and social security | 454/9 | €6,486 | €3 | -€6,483 | -100.0% |
| Other amounts payable | 47/48 | €228,815 | €93,719 | -€135,096 | -59.0% |
| Accrued charges and deferred income | 492/3 | €18,676 | €6,069 | -€12,607 | -67.5% |
| Non-recurring operating income | 76A | €0 | €4,590 | +€4,590 | |
| Remuneration, social security and pensions | 62 | €29,138 | €32,140 | +€3,002 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,771 | €100,881 | -€1,890 | -1.8% |
| Other operating charges | 640/8 | €5,547 | €10,227 | +€4,679 | +84.4% |
| Non-recurring operating charges | 66A | - | €5,079 | +€5,079 | |
| Gross operating margin | 9900 | €327,119 | €291,549 | -€35,571 | -10.9% |
| Operating profit (loss) | 9901 | €189,662 | €143,221 | -€46,441 | -24.5% |
| Financial income | 75/76B | €6 | €62 | +€56 | +901% |
| Recurring financial income | 75 | €6 | €62 | +€56 | +901% |
| Financial charges | 65/66B | €31,647 | €20,326 | -€11,321 | -35.8% |
| Recurring financial charges | 65 | €31,647 | €20,326 | -€11,321 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | €158,022 | €122,958 | -€35,064 | -22.2% |
| Income taxes | 67/77 | €47,361 | €38,133 | -€9,229 | -19.5% |
| Profit (loss) for the period | 9904 | €110,660 | €84,825 | -€25,835 | -23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €110,660 | €84,825 | -€25,835 | -23.3% |
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 13 October 2026 via checked.be.