Djapo: what changed
Two fiscal 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.
Djapo
Largest movements
- Receivables after one year -€837,617
down €837,617 (-80.9%), from €1.0m to €197,793
- Receivables within one year -€85,717
down €85,717 (-7.7%), from €1.1m to €1.0m
of which Other amounts receivable: -€83,934
- Cash +€40,174
up €40,174 (+9.0%), from €446,648 to €486,822
mainly Receivables after one year (+€837,617) and Receivables within one year (+€85,717)
- Accrued charges and deferred income -€899,467
down €899,467 (-42.9%), from €2.1m to €1.2m
- Purchases and services -€49,840
down €49,840 (-15.9%), from €314,412 to €264,572
- Turnover +€37,664
up €37,664 (+20.1%), from €187,252 to €224,916
- Staff costs +€23,315
up €23,315 (+2.7%), from €854,051 to €877,366
- Gross operating margin +€14,857
up €14,857 (+1.7%), from €886,373 to €901,230
- Other operating charges -€10,364
down €10,364 (-79.8%), from €12,989 to €2,625
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.
Cash bridge derived
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 | €2,636,564 | €1,764,156 | -€872,407 | -33.1% |
| Fixed assets | 21/28 | €21,523 | €21,285 | -€238 | -1.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €1,163 | €925 | -€238 | -20.5% |
| Plant, machinery and equipment | 23 | €0 | €0 | -€0 | -100.0% |
| Furniture and vehicles | 24 | €1,163 | €925 | -€238 | -20.4% |
| Financial fixed assets | 28 | €20,360 | €20,360 | = | 0.0% |
| Current assets | 29/58 | €2,615,040 | €1,742,871 | -€872,169 | -33.4% |
| Amounts receivable after more than one year | 29 | €1,035,410 | €197,793 | -€837,617 | -80.9% |
| Other amounts receivable | 291 | €1,035,410 | €197,793 | -€837,617 | -80.9% |
| Amounts receivable within one year | 40/41 | €1,111,169 | €1,025,452 | -€85,717 | -7.7% |
| Trade receivables | 40 | €25,888 | €24,105 | -€1,783 | -6.9% |
| Other amounts receivable | 41 | €1,085,280 | €1,001,347 | -€83,934 | -7.7% |
| Cash at bank and in hand | 54/58 | €446,648 | €486,822 | +€40,174 | +9.0% |
| Deferred charges and accrued income | 490/1 | €21,814 | €32,805 | +€10,991 | +50.4% |
| Total equity and liabilities | 10/49 | €2,636,564 | €1,764,156 | -€872,407 | -33.1% |
| Equity | 10/15 | €373,115 | €397,777 | +€24,662 | +6.6% |
| Contributions | 10/11 | €90,828 | €90,828 | = | 0.0% |
| Capital | 10 | €90,828 | €90,828 | = | 0.0% |
| Reserves | 13 | €366,885 | €366,885 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,599 | -€59,937 | +€24,662 | +29.2% |
| Amounts payable | 17/49 | €2,263,449 | €1,366,379 | -€897,069 | -39.6% |
| Amounts payable within one year | 42/48 | €166,370 | €168,768 | +€2,398 | +1.4% |
| Trade debts | 44 | €50,598 | €30,101 | -€20,496 | -40.5% |
| Suppliers | 440/4 | €50,598 | €30,101 | -€20,496 | -40.5% |
| Taxes, remuneration and social security | 45 | €112,090 | €134,984 | +€22,894 | +20.4% |
| Taxes | 450/3 | €18,535 | €16,923 | -€1,612 | -8.7% |
| Remuneration and social security | 454/9 | €93,555 | €118,061 | +€24,506 | +26.2% |
| Accrued charges and deferred income | 492/3 | €2,097,078 | €1,197,611 | -€899,467 | -42.9% |
| Turnover | 70 | €187,252 | €224,916 | +€37,664 | +20.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €314,412 | €264,572 | -€49,840 | -15.9% |
| Remuneration, social security and pensions | 62 | €854,051 | €877,366 | +€23,315 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,264 | €238 | -€1,026 | -81.2% |
| Other operating charges | 640/8 | €12,989 | €2,625 | -€10,364 | -79.8% |
| Gross operating margin | 9900 | €886,373 | €901,230 | +€14,857 | +1.7% |
| Operating profit (loss) | 9901 | €18,068 | €21,000 | +€2,932 | +16.2% |
| Financial income | 75/76B | €7,043 | €4,220 | -€2,823 | -40.1% |
| Recurring financial income | 75 | €7,043 | €4,220 | -€2,823 | -40.1% |
| Financial charges | 65/66B | €464 | €557 | +€93 | +20.0% |
| Recurring financial charges | 65 | €464 | €557 | +€93 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €24,646 | €24,662 | +€16 | +0.1% |
| Profit (loss) for the period | 9904 | €24,646 | €24,662 | +€16 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €24,646 | €24,662 | +€16 | +0.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.