ALGEMENE WERKEN DEDROOG: 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.
ALGEMENE WERKEN DEDROOG
Largest movements
- Cash +€31,137
up €31,137 (+80.8%), from €38,515 to €69,652
mainly Net result for the year (+€21,535) and Tax, wage and social debts (+€10,332)
- Receivables within one year +€4,572
up €4,572 (+11.5%), from €39,737 to €44,310
of which Other amounts receivable: +€4,830
- Profit (loss) carried forward +€21,535
up €21,535 (+27.8%), from €77,335 to €98,871
- Tax, wage and social debts +€10,332
new in 2025: €10,332
- Trade debts +€5,440
up €5,440 (+177%), from €3,068 to €8,507
- Taxes +€25,918
new in 2025: €25,918
- Gross operating margin -€24,807
down €24,807 (-31.1%), from €79,646 to €54,839
- Financial charges +€2,733
up €2,733 (+331%), from €826 to €3,559
- Staff costs +€1,823
new in 2025: €1,823
- Depreciation +€980
up €980 (+201%), from €487 to €1,467
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 | €83,866 | €120,710 | +€36,845 | +43.9% |
| Fixed assets | 21/28 | €5,613 | €5,986 | +€373 | +6.7% |
| Tangible fixed assets | 22/27 | €5,613 | €5,986 | +€373 | +6.7% |
| Plant, machinery and equipment | 23 | €2,893 | €4,004 | +€1,111 | +38.4% |
| Furniture and vehicles | 24 | €2,720 | €1,982 | -€738 | -27.1% |
| Current assets | 29/58 | €78,253 | €114,724 | +€36,471 | +46.6% |
| Amounts receivable within one year | 40/41 | €39,737 | €44,310 | +€4,572 | +11.5% |
| Trade receivables | 40 | €38,443 | €38,186 | -€257 | -0.7% |
| Other amounts receivable | 41 | €1,294 | €6,124 | +€4,830 | +373% |
| Cash at bank and in hand | 54/58 | €38,515 | €69,652 | +€31,137 | +80.8% |
| Deferred charges and accrued income | 490/1 | - | €762 | +€762 | |
| Total equity and liabilities | 10/49 | €83,866 | €120,710 | +€36,845 | +43.9% |
| Equity | 10/15 | €80,335 | €101,871 | +€21,535 | +26.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,335 | €98,871 | +€21,535 | +27.8% |
| Amounts payable | 17/49 | €3,530 | €18,839 | +€15,309 | +434% |
| Amounts payable within one year | 42/48 | €3,530 | €18,839 | +€15,309 | +434% |
| Trade debts | 44 | €3,068 | €8,507 | +€5,440 | +177% |
| Suppliers | 440/4 | €3,068 | €8,507 | +€5,440 | +177% |
| Taxes, remuneration and social security | 45 | - | €10,332 | +€10,332 | |
| Taxes | 450/3 | - | €10,332 | +€10,332 | |
| Other amounts payable | 47/48 | €463 | - | -€463 | |
| Remuneration, social security and pensions | 62 | - | €1,823 | +€1,823 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €487 | €1,467 | +€980 | +201% |
| Other operating charges | 640/8 | €1,239 | €651 | -€588 | -47.4% |
| Gross operating margin | 9900 | €79,646 | €54,839 | -€24,807 | -31.1% |
| Operating profit (loss) | 9901 | €77,920 | €50,898 | -€27,022 | -34.7% |
| Financial income | 75/76B | €242 | €115 | -€127 | -52.4% |
| Recurring financial income | 75 | €242 | €115 | -€127 | -52.4% |
| Financial charges | 65/66B | €826 | €3,559 | +€2,733 | +331% |
| Recurring financial charges | 65 | €826 | €3,559 | +€2,733 | +331% |
| Profit (loss) for the period before taxes | 9903 | €77,335 | €47,454 | -€29,881 | -38.6% |
| Income taxes | 67/77 | - | €25,918 | +€25,918 | |
| Profit (loss) for the period | 9904 | €77,335 | €21,535 | -€55,800 | -72.2% |
| Profit (loss) for the period to be appropriated | 9905 | €77,335 | €21,535 | -€55,800 | -72.2% |
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 28 October 2026 via checked.be.