Bouwonderneming De Munck Werner: 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.
Bouwonderneming De Munck Werner
Largest movements
- Receivables within one year -€44,171
down €44,171 (-34.9%), from €126,574 to €82,403
of which Trade receivables: -€45,375
- Cash +€4,813
up €4,813 (+7.9%), from €61,234 to €66,047
mainly Receivables within one year (+€44,171) and Trade debts (+€1,862)
- Contributions -€40,000
down €40,000 (-17.7%), from €226,300 to €186,300
- Profit (loss) carried forward -€1,920
down €1,920 (-2.7%), from -€71,765 to -€73,685
- Gross operating margin -€5,415
down €5,415 (-80.4%), from €6,734 to €1,319
- Depreciation -€2,616
no longer reported in 2025 (was €2,616)
- Other operating charges +€776
up €776 (+35.7%), from €2,173 to €2,949
- Financial charges -€134
down €134 (-28.3%), from €473 to €339
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 | €191,380 | €152,695 | -€38,685 | -20.2% |
| Current assets | 29/58 | €191,380 | €152,695 | -€38,685 | -20.2% |
| Amounts receivable within one year | 40/41 | €126,574 | €82,403 | -€44,171 | -34.9% |
| Trade receivables | 40 | €113,919 | €68,544 | -€45,375 | -39.8% |
| Other amounts receivable | 41 | €12,655 | €13,859 | +€1,203 | +9.5% |
| Cash at bank and in hand | 54/58 | €61,234 | €66,047 | +€4,813 | +7.9% |
| Deferred charges and accrued income | 490/1 | €3,572 | €4,245 | +€673 | +18.8% |
| Total equity and liabilities | 10/49 | €191,380 | €152,695 | -€38,685 | -20.2% |
| Equity | 10/15 | €188,631 | €146,712 | -€41,920 | -22.2% |
| Contributions | 10/11 | €226,300 | €186,300 | -€40,000 | -17.7% |
| Reserves | 13 | €34,097 | €34,097 | = | 0.0% |
| Distributable reserves | 133 | €34,097 | €34,097 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,765 | -€73,685 | -€1,920 | -2.7% |
| Amounts payable | 17/49 | €2,748 | €5,983 | +€3,235 | +118% |
| Amounts payable within one year | 42/48 | €1,984 | €5,213 | +€3,229 | +163% |
| Trade debts | 44 | €1,984 | €3,846 | +€1,862 | +93.8% |
| Suppliers | 440/4 | €1,984 | €3,846 | +€1,862 | +93.8% |
| Taxes, remuneration and social security | 45 | - | €241 | +€241 | |
| Taxes | 450/3 | - | €241 | +€241 | |
| Other amounts payable | 47/48 | - | €1,126 | +€1,126 | |
| Accrued charges and deferred income | 492/3 | €764 | €770 | +€6 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,616 | - | -€2,616 | |
| Other operating charges | 640/8 | €2,173 | €2,949 | +€776 | +35.7% |
| Gross operating margin | 9900 | €6,734 | €1,319 | -€5,415 | -80.4% |
| Operating profit (loss) | 9901 | €1,946 | -€1,630 | -€3,576 | |
| Financial income | 75/76B | €409 | €400 | -€9 | -2.1% |
| Recurring financial income | 75 | €409 | €400 | -€9 | -2.1% |
| Financial charges | 65/66B | €473 | €339 | -€134 | -28.3% |
| Recurring financial charges | 65 | €473 | €339 | -€134 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | €1,881 | -€1,570 | -€3,451 | |
| Income taxes | 67/77 | €350 | €350 | = | 0.0% |
| Profit (loss) for the period | 9904 | €1,531 | -€1,920 | -€3,451 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,531 | -€1,920 | -€3,451 |
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 26 October 2026 via checked.be.