DE ZILVERTORENS: what changed
What changed
DE ZILVERTORENS
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
-€115,031
2024 · -€95,287-€19,743
Equity
€4.5m
2024 · €4.6m-€115,031
Cash
€468
2024 · €691-€224
Balance sheet total
€4.6m
2024 · €4.7m-€96,952
Largest movements
Assets
- Deferred charges and accrued income -€90,000
down €90,000 (-20.0%), from €450,000 to €360,000
Equity and liabilities
- Profit (loss) carried forward -€115,031
down €115,031 (-9.1%), from -€1.3m to -€1.4m
- Other debts +€47,834
up €47,834 (+144%), from €33,166 to €81,000
Income statement
- Gross operating margin -€19,591
down €19,591 (-17.6%), from -€111,402 to -€130,993
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.
Result 2024
-€95,287
Gross operating margin
-€19,591
Other operating charges
-€31
Financial income
+€169
Financial charges
-€291
Result 2025
-€115,031
raises the resultlowers the result
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.
From operations
-€224
Investment
€0
Financing
€0
Cash 2024
€691
From operations (derived)
-€224
Net result for the year
-€115,031
Receivables after one year
-€17,293
Receivables within one year
+€24,021
Deferred charges and accrued income
+€90,000
Trade debts
-€29,754
Other debts
+€47,834
Cash 2025
€468
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,703,142 | €4,606,191 | -€96,952 | -2.1% |
| Fixed assets | 21/28 | €400 | €400 | = | 0.0% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €4,702,742 | €4,605,791 | -€96,952 | -2.1% |
| Amounts receivable after more than one year | 29 | €1,729,262 | €1,746,555 | +€17,293 | +1.0% |
| Other amounts receivable | 291 | €1,729,262 | €1,746,555 | +€17,293 | +1.0% |
| Stocks and contracts in progress | 3 | €2,481,000 | €2,481,000 | = | 0.0% |
| Stocks | 30/36 | €2,481,000 | €2,481,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €41,789 | €17,768 | -€24,021 | -57.5% |
| Trade receivables | 40 | €38,347 | €0 | -€38,347 | -100% |
| Other amounts receivable | 41 | €3,442 | €17,768 | +€14,326 | +416% |
| Cash at bank and in hand | 54/58 | €691 | €468 | -€224 | -32.3% |
| Deferred charges and accrued income | 490/1 | €450,000 | €360,000 | -€90,000 | -20.0% |
| Total equity and liabilities | 10/49 | €4,703,142 | €4,606,191 | -€96,952 | -2.1% |
| Equity | 10/15 | €4,637,605 | €4,522,574 | -€115,031 | -2.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €5,838,024 | €5,838,024 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,831,824 | €5,831,824 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€1,262,419 | -€1,377,450 | -€115,031 | -9.1% |
| Amounts payable | 17/49 | €65,537 | €83,617 | +€18,079 | +27.6% |
| Amounts payable within one year | 42/48 | €65,537 | €83,617 | +€18,079 | +27.6% |
| Trade debts | 44 | €32,371 | €2,617 | -€29,754 | -91.9% |
| Suppliers | 440/4 | €32,371 | €2,617 | -€29,754 | -91.9% |
| Other amounts payable | 47/48 | €33,166 | €81,000 | +€47,834 | +144% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€111,402 | -€130,993 | -€19,591 | -17.6% |
| Operating profit (loss) | 9901 | -€112,370 | -€131,992 | -€19,622 | -17.5% |
| Financial income | 75/76B | €17,125 | €17,295 | +€169 | +1.0% |
| Recurring financial income | 75 | €17,125 | €17,295 | +€169 | +1.0% |
| Financial charges | 65/66B | €43 | €334 | +€291 | +680% |
| Recurring financial charges | 65 | €43 | €334 | +€291 | +680% |
| Profit (loss) for the period before taxes | 9903 | -€95,287 | -€115,031 | -€19,743 | -20.7% |
| Profit (loss) for the period | 9904 | -€95,287 | -€115,031 | -€19,743 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€95,287 | -€115,031 | -€19,743 | -20.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.