AZ Dakwerken: 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.
AZ Dakwerken
Largest movements
- Receivables within one year -€104,382
down €104,382 (-64.7%), from €161,298 to €56,917
of which Trade receivables: -€124,107
- Tangible fixed assets +€32,491
up €32,491 (+33.6%), from €96,610 to €129,102
of which Leasing and similar rights: +€42,607
- Deferred charges and accrued income +€15,324
up €15,324 (+1,186%), from €1,292 to €16,615
- Cash -€3,118
down €3,118 (-12.1%), from €25,741 to €22,623
mainly Trade debts (-€75,911) and Investment in fixed assets (net) (-€53,193)
- Trade debts -€75,911
down €75,911 (-59.1%), from €128,463 to €52,552
- Reserves +€42,131
new in 2025: €42,131
- Profit (loss) carried forward -€27,738
no longer reported in 2025 (was €27,738)
- Advances received -€15,975
down €15,975 (-66.5%), from €24,009 to €8,034
- Debts after one year +€15,277
up €15,277 (+26.5%), from €57,575 to €72,852
- Gross operating margin +€32,489
up €32,489 (+36.4%), from €89,340 to €121,829
- Staff costs -€4,886
down €4,886 (-7.2%), from €68,305 to €63,419
- Financial charges +€4,347
up €4,347 (+135%), from €3,220 to €7,568
- Depreciation +€4,293
up €4,293 (+26.1%), from €16,456 to €20,748
- Write-downs +€3,243
new in 2025: €3,243
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 | €286,941 | €227,209 | -€59,731 | -20.8% |
| Fixed assets | 21/28 | €98,610 | €131,055 | +€32,445 | +32.9% |
| Tangible fixed assets | 22/27 | €96,610 | €129,102 | +€32,491 | +33.6% |
| Plant, machinery and equipment | 23 | €77,639 | €74,192 | -€3,447 | -4.4% |
| Furniture and vehicles | 24 | €18,971 | €7,985 | -€10,986 | -57.9% |
| Leasing and similar rights | 25 | - | €42,607 | +€42,607 | |
| Other tangible fixed assets | 26 | - | €4,318 | +€4,318 | |
| Financial fixed assets | 28 | €2,000 | €1,953 | -€47 | -2.3% |
| Current assets | 29/58 | €188,331 | €96,155 | -€92,176 | -48.9% |
| Amounts receivable within one year | 40/41 | €161,298 | €56,917 | -€104,382 | -64.7% |
| Trade receivables | 40 | €158,279 | €34,172 | -€124,107 | -78.4% |
| Other amounts receivable | 41 | €3,020 | €22,745 | +€19,725 | +653% |
| Cash at bank and in hand | 54/58 | €25,741 | €22,623 | -€3,118 | -12.1% |
| Deferred charges and accrued income | 490/1 | €1,292 | €16,615 | +€15,324 | +1,186% |
| Total equity and liabilities | 10/49 | €286,941 | €227,209 | -€59,731 | -20.8% |
| Equity | 10/15 | €29,738 | €44,131 | +€14,393 | +48.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €42,131 | +€42,131 | |
| Distributable reserves | 133 | - | €42,131 | +€42,131 | |
| Profit (loss) carried forward | 14 | €27,738 | - | -€27,738 | |
| Amounts payable | 17/49 | €257,203 | €183,078 | -€74,124 | -28.8% |
| Amounts payable after more than one year | 17 | €57,575 | €72,852 | +€15,277 | +26.5% |
| Financial debts | 170/4 | €57,575 | €72,852 | +€15,277 | +26.5% |
| Amounts payable within one year | 42/48 | €199,121 | €109,926 | -€89,195 | -44.8% |
| Current portion of amounts payable after more than one year | 42 | €15,543 | €23,436 | +€7,894 | +50.8% |
| Trade debts | 44 | €128,463 | €52,552 | -€75,911 | -59.1% |
| Suppliers | 440/4 | €128,463 | €52,552 | -€75,911 | -59.1% |
| Advances received on contracts in progress | 46 | €24,009 | €8,034 | -€15,975 | -66.5% |
| Taxes, remuneration and social security | 45 | €13,967 | €8,078 | -€5,889 | -42.2% |
| Taxes | 450/3 | €7,845 | €8,078 | +€233 | +3.0% |
| Remuneration and social security | 454/9 | €6,122 | - | -€6,122 | |
| Other amounts payable | 47/48 | €17,139 | €17,826 | +€687 | +4.0% |
| Accrued charges and deferred income | 492/3 | €507 | €300 | -€207 | -40.8% |
| Remuneration, social security and pensions | 62 | €68,305 | €63,419 | -€4,886 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,456 | €20,748 | +€4,293 | +26.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,243 | +€3,243 | |
| Other operating charges | 640/8 | €822 | €1,243 | +€421 | +51.2% |
| Non-recurring operating charges | 66A | - | €9,461 | +€9,461 | |
| Gross operating margin | 9900 | €89,340 | €121,829 | +€32,489 | +36.4% |
| Operating profit (loss) | 9901 | €3,758 | €23,715 | +€19,957 | +531% |
| Financial income | 75/76B | €41 | €1,240 | +€1,199 | +2,915% |
| Recurring financial income | 75 | €41 | €1,240 | +€1,199 | +2,915% |
| Financial charges | 65/66B | €3,220 | €7,568 | +€4,347 | +135% |
| Recurring financial charges | 65 | €3,220 | €7,568 | +€4,347 | +135% |
| Profit (loss) for the period before taxes | 9903 | €578 | €17,388 | +€16,809 | +2,906% |
| Income taxes | 67/77 | €573 | €2,995 | +€2,421 | +422% |
| Profit (loss) for the period | 9904 | €5 | €14,393 | +€14,388 | +275,099% |
| Profit (loss) for the period to be appropriated | 9905 | €5 | €14,393 | +€14,388 | +275,099% |
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.