DAP Zavelberg: what changed
DAP Zavelberg
Largest movements
- Cash -€74,191
down €74,191 (-54.6%), from €135,954 to €61,763
mainly Other debts (-€44,532) and Contributions, distributions and other (-€23,403)
- Tangible fixed assets -€14,645
down €14,645 (-9.9%), from €148,427 to €133,782
of which Plant, machinery and equipment: -€9,621
- Stocks and contracts +€13,717
up €13,717 (+22.7%), from €60,558 to €74,275
- Other debts -€44,532
down €44,532 (-95.5%), from €46,637 to €2,105
- Debts after one year -€21,461
down €21,461 (-63.1%), from €34,013 to €12,552
- Profit (loss) carried forward +€14,218
up €14,218 (+60.8%), from €23,403 to €37,621
- Tax, wage and social debts -€8,746
down €8,746 (-16.0%), from €54,554 to €45,808
of which Taxes: -€7,276
- Current portion of long-term debt -€6,696
down €6,696 (-23.8%), from €28,157 to €21,461
- Gross operating margin -€28,483
down €28,483 (-21.4%), from €132,811 to €104,329
- Taxes -€7,675
down €7,675 (-39.6%), from €19,370 to €11,696
- Depreciation +€5,394
up €5,394 (+27.3%), from €19,732 to €25,127
- Staff costs +€2,708
up €2,708 (+12.2%), from €22,260 to €24,968
- Other operating charges +€2,427
up €2,427 (+1,467%), from €165 to €2,592
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €350,561 | €278,062 | -€72,499 | -20.7% |
| Fixed assets | 21/28 | €148,427 | €133,782 | -€14,645 | -9.9% |
| Tangible fixed assets | 22/27 | €148,427 | €133,782 | -€14,645 | -9.9% |
| Land and buildings | 22 | €58,858 | €52,391 | -€6,467 | -11.0% |
| Plant, machinery and equipment | 23 | €88,092 | €78,471 | -€9,621 | -10.9% |
| Furniture and vehicles | 24 | €1,476 | €2,920 | +€1,444 | +97.8% |
| Current assets | 29/58 | €202,135 | €144,280 | -€57,855 | -28.6% |
| Stocks and contracts in progress | 3 | €60,558 | €74,275 | +€13,717 | +22.7% |
| Stocks | 30/36 | €60,558 | €74,275 | +€13,717 | +22.7% |
| Amounts receivable within one year | 40/41 | €5,021 | €7,251 | +€2,230 | +44.4% |
| Trade receivables | 40 | €3,454 | €6,171 | +€2,717 | +78.7% |
| Other amounts receivable | 41 | €1,567 | €1,080 | -€487 | -31.1% |
| Cash at bank and in hand | 54/58 | €135,954 | €61,763 | -€74,191 | -54.6% |
| Deferred charges and accrued income | 490/1 | €602 | €991 | +€389 | +64.6% |
| Total equity and liabilities | 10/49 | €350,561 | €278,062 | -€72,499 | -20.7% |
| Equity | 10/15 | €170,703 | €184,921 | +€14,218 | +8.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €144,800 | €144,800 | = | 0.0% |
| Distributable reserves | 133 | €144,800 | €144,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,403 | €37,621 | +€14,218 | +60.8% |
| Amounts payable | 17/49 | €179,858 | €93,140 | -€86,717 | -48.2% |
| Amounts payable after more than one year | 17 | €34,013 | €12,552 | -€21,461 | -63.1% |
| Financial debts | 170/4 | €34,013 | €12,552 | -€21,461 | -63.1% |
| Amounts payable within one year | 42/48 | €145,844 | €80,588 | -€65,256 | -44.7% |
| Current portion of amounts payable after more than one year | 42 | €28,157 | €21,461 | -€6,696 | -23.8% |
| Trade debts | 44 | €16,497 | €11,214 | -€5,283 | -32.0% |
| Suppliers | 440/4 | €16,497 | €11,214 | -€5,283 | -32.0% |
| Taxes, remuneration and social security | 45 | €54,554 | €45,808 | -€8,746 | -16.0% |
| Taxes | 450/3 | €49,181 | €41,906 | -€7,276 | -14.8% |
| Remuneration and social security | 454/9 | €5,372 | €3,902 | -€1,470 | -27.4% |
| Other amounts payable | 47/48 | €46,637 | €2,105 | -€44,532 | -95.5% |
| Remuneration, social security and pensions | 62 | €22,260 | €24,968 | +€2,708 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,732 | €25,127 | +€5,394 | +27.3% |
| Other operating charges | 640/8 | €165 | €2,592 | +€2,427 | +1,467% |
| Gross operating margin | 9900 | €132,811 | €104,329 | -€28,483 | -21.4% |
| Operating profit (loss) | 9901 | €90,654 | €51,642 | -€39,012 | -43.0% |
| Financial income | 75/76B | €1 | €0 | -€1 | -96.4% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -96.4% |
| Financial charges | 65/66B | €1,380 | €2,325 | +€945 | +68.4% |
| Recurring financial charges | 65 | €1,380 | €2,325 | +€945 | +68.4% |
| Profit (loss) for the period before taxes | 9903 | €89,274 | €49,317 | -€39,957 | -44.8% |
| Income taxes | 67/77 | €19,370 | €11,696 | -€7,675 | -39.6% |
| Profit (loss) for the period | 9904 | €69,903 | €37,621 | -€32,282 | -46.2% |
| Profit (loss) for the period to be appropriated | 9905 | €69,903 | €37,621 | -€32,282 | -46.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.