DK ZINK: 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.
DK ZINK
Largest movements
- Tangible fixed assets -€35,043
down €35,043 (-24.2%), from €144,850 to €109,807
- Deferred charges and accrued income +€18,743
up €18,743 (+555%), from €3,378 to €22,121
- Receivables within one year +€17,994
up €17,994 (+10.7%), from €168,093 to €186,087
of which Trade receivables: +€29,613
- Trade debts +€41,390
up €41,390 (+125%), from €33,001 to €74,392
- Debts after one year -€33,953
down €33,953 (-35.0%), from €97,022 to €63,069
- Other debts -€8,809
down €8,809 (-36.9%), from €23,858 to €15,049
- Profit (loss) carried forward +€7,500
up €7,500, from -€7,169 to €331
- Depreciation +€14,384
up €14,384 (+65.4%), from €21,998 to €36,382
- Gross operating margin +€11,011
up €11,011 (+19.0%), from €57,825 to €68,836
- Other operating charges +€2,322
up €2,322 (+81.6%), from €2,844 to €5,166
- Financial income -€2,270
down €2,270 (-62.3%), from €3,642 to €1,372
- Taxes -€1,095
down €1,095 (-19.8%), from €5,522 to €4,427
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 | €493,070 | €499,515 | +€6,444 | +1.3% |
| Fixed assets | 21/28 | €144,985 | €109,942 | -€35,043 | -24.2% |
| Tangible fixed assets | 22/27 | €144,850 | €109,807 | -€35,043 | -24.2% |
| Land and buildings | 22 | €53,427 | €38,719 | -€14,708 | -27.5% |
| Plant, machinery and equipment | 23 | €5,299 | €4,971 | -€328 | -6.2% |
| Furniture and vehicles | 24 | €72,470 | €57,628 | -€14,843 | -20.5% |
| Leasing and similar rights | 25 | €13,654 | €8,489 | -€5,165 | -37.8% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €348,086 | €389,573 | +€41,488 | +11.9% |
| Stocks and contracts in progress | 3 | €171,560 | €173,548 | +€1,988 | +1.2% |
| Stocks | 30/36 | €171,560 | €173,548 | +€1,988 | +1.2% |
| Amounts receivable within one year | 40/41 | €168,093 | €186,087 | +€17,994 | +10.7% |
| Trade receivables | 40 | €122,019 | €151,632 | +€29,613 | +24.3% |
| Other amounts receivable | 41 | €46,074 | €34,455 | -€11,619 | -25.2% |
| Cash at bank and in hand | 54/58 | €5,054 | €7,818 | +€2,764 | +54.7% |
| Deferred charges and accrued income | 490/1 | €3,378 | €22,121 | +€18,743 | +555% |
| Total equity and liabilities | 10/49 | €493,070 | €499,515 | +€6,444 | +1.3% |
| Equity | 10/15 | €223,221 | €234,188 | +€10,967 | +4.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €180,390 | €183,857 | +€3,467 | +1.9% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €175,390 | €178,857 | +€3,467 | +2.0% |
| Profit (loss) carried forward | 14 | -€7,169 | €331 | +€7,500 | |
| Amounts payable | 17/49 | €269,850 | €265,327 | -€4,523 | -1.7% |
| Amounts payable after more than one year | 17 | €97,022 | €63,069 | -€33,953 | -35.0% |
| Financial debts | 170/4 | €97,022 | €63,069 | -€33,953 | -35.0% |
| Amounts payable within one year | 42/48 | €172,439 | €202,258 | +€29,819 | +17.3% |
| Current portion of amounts payable after more than one year | 42 | €33,312 | €33,953 | +€641 | +1.9% |
| Financial debts | 43 | €80,500 | €76,000 | -€4,500 | -5.6% |
| Credit institutions | 430/8 | €80,500 | €76,000 | -€4,500 | -5.6% |
| Trade debts | 44 | €33,001 | €74,392 | +€41,390 | +125% |
| Suppliers | 440/4 | €33,001 | €74,392 | +€41,390 | +125% |
| Taxes, remuneration and social security | 45 | €1,767 | €2,864 | +€1,097 | +62.1% |
| Taxes | 450/3 | €1,767 | €2,864 | +€1,097 | +62.1% |
| Other amounts payable | 47/48 | €23,858 | €15,049 | -€8,809 | -36.9% |
| Accrued charges and deferred income | 492/3 | €389 | - | -€389 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,998 | €36,382 | +€14,384 | +65.4% |
| Other operating charges | 640/8 | €2,844 | €5,166 | +€2,322 | +81.6% |
| Non-recurring operating charges | 66A | €809 | €1,253 | +€444 | +54.9% |
| Gross operating margin | 9900 | €57,825 | €68,836 | +€11,011 | +19.0% |
| Operating profit (loss) | 9901 | €32,174 | €26,035 | -€6,139 | -19.1% |
| Financial income | 75/76B | €3,642 | €1,372 | -€2,270 | -62.3% |
| Recurring financial income | 75 | €3,642 | €1,372 | -€2,270 | -62.3% |
| Financial charges | 65/66B | €12,623 | €12,013 | -€610 | -4.8% |
| Recurring financial charges | 65 | €12,623 | €12,013 | -€610 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €23,194 | €15,394 | -€7,800 | -33.6% |
| Income taxes | 67/77 | €5,522 | €4,427 | -€1,095 | -19.8% |
| Profit (loss) for the period | 9904 | €17,672 | €10,967 | -€6,704 | -37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,672 | €10,967 | -€6,704 | -37.9% |
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 25 October 2026 via checked.be.