DAZ: 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.
DAZ
Largest movements
- Receivables within one year -€71,813
down €71,813 (-44.5%), from €161,555 to €89,742
- Cash -€6,805
down €6,805 (-98.8%), from €6,885 to €80
mainly Debts within one year (-€49,292) and Net result for the year (-€27,608)
- Debts within one year -€49,292
down €49,292 (-25.3%), from €195,164 to €145,871
of which Trade debts: -€62,456
- Profit (loss) carried forward -€27,608
down €27,608, from €5,703 to -€21,906
- Purchases and services +€89,334
new in 2021: €89,334
- Gross operating margin -€36,323
down €36,323, from €22,704 to -€13,619
- Depreciation +€1,400
up €1,400 (+11.2%), from €12,464 to €13,864
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €207,166 | €130,266 | -€76,901 | -37.1% |
| Fixed assets | 21/28 | €31,887 | €33,344 | +€1,457 | +4.6% |
| Tangible fixed assets | 22/27 | €31,887 | €33,344 | +€1,457 | +4.6% |
| Land and buildings | 22 | - | €965 | +€965 | |
| Plant, machinery and equipment | 23 | - | €5,376 | +€5,376 | |
| Furniture and vehicles | 24 | - | €27,003 | +€27,003 | |
| Current assets | 29/58 | €175,280 | €96,922 | -€78,358 | -44.7% |
| Stocks and contracts in progress | 3 | €6,840 | €7,100 | +€260 | +3.8% |
| Stocks | 30/36 | - | €7,100 | +€7,100 | |
| Amounts receivable within one year | 40/41 | €161,555 | €89,742 | -€71,813 | -44.5% |
| Trade receivables | 40 | - | €84,757 | +€84,757 | |
| Other amounts receivable | 41 | - | €4,985 | +€4,985 | |
| Cash at bank and in hand | 54/58 | €6,885 | €80 | -€6,805 | -98.8% |
| Total equity and liabilities | 10/49 | €207,166 | €130,266 | -€76,901 | -37.1% |
| Equity | 10/15 | €12,003 | -€15,606 | -€27,608 | |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Capital | 10 | - | €6,300 | +€6,300 | |
| Issued capital | 100 | - | €6,300 | +€6,300 | |
| Profit (loss) carried forward | 14 | €5,703 | -€21,906 | -€27,608 | |
| Amounts payable | 17/49 | €195,164 | €145,871 | -€49,292 | -25.3% |
| Amounts payable within one year | 42/48 | €195,164 | €145,871 | -€49,292 | -25.3% |
| Trade debts | 44 | €97,689 | €35,234 | -€62,456 | -63.9% |
| Suppliers | 440/4 | - | €35,234 | +€35,234 | |
| Other amounts payable | 47/48 | - | €110,637 | +€110,637 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €89,334 | +€89,334 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,464 | €13,864 | +€1,400 | +11.2% |
| Gross operating margin | 9900 | €22,704 | -€13,619 | -€36,323 | |
| Operating profit (loss) | 9901 | €9,043 | -€27,483 | -€36,526 | |
| Financial charges | 65/66B | - | €125 | +€125 | |
| Recurring financial charges | 65 | €147 | €125 | -€21 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €8,897 | -€27,608 | -€36,505 | |
| Profit (loss) for the period | 9904 | €8,897 | -€27,608 | -€36,505 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,897 | -€27,608 | -€36,505 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.