D&K PROJECTS BV: 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.
D&K PROJECTS BV
Largest movements
- Cash +€4,318
up €4,318 (+83.4%), from €5,179 to €9,497
mainly Net result for the year (+€6,117) and Depreciation (+€3,502)
- Tangible fixed assets -€2,895
down €2,895 (-29.2%), from €9,914 to €7,018
of which Furniture and vehicles: -€1,762
- Receivables within one year +€547
up €547 (+7.6%), from €7,161 to €7,708
of which Trade receivables: +€275
- Reserves +€6,117
up €6,117 (+51.4%), from €11,898 to €18,014
- Tax, wage and social debts -€3,032
down €3,032 (-50.6%), from €5,992 to €2,960
- Trade debts -€489
down €489 (-35.1%), from €1,394 to €905
- Current portion of long-term debt -€473
no longer reported in 2025 (was €473)
- Gross operating margin +€6,403
up €6,403 (+66.5%), from €9,632 to €16,035
- Taxes +€1,892
up €1,892 (+201.7%), from €938 to €2,830
- Financial charges -€464
down €464 (-17.2%), from €2,703 to €2,238
- Depreciation -€259
down €259 (-6.9%), from €3,761 to €3,502
- Other operating charges +€236
up €236 (+21.1%), from €1,117 to €1,354
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 | €23,010 | €24,995 | +€1,985 | +8.6% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €9,954 | €7,058 | -€2,895 | -29.1% |
| Tangible fixed assets | 22/27 | €9,914 | €7,018 | -€2,895 | -29.2% |
| Plant, machinery and equipment | 23 | €2,866 | €1,733 | -€1,133 | -39.5% |
| Furniture and vehicles | 24 | €7,048 | €5,285 | -€1,762 | -25.0% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €13,057 | €17,937 | +€4,881 | +37.4% |
| Stocks and contracts in progress | 3 | €20 | - | -€20 | |
| Stocks | 30/36 | €20 | - | -€20 | |
| Amounts receivable within one year | 40/41 | €7,161 | €7,708 | +€547 | +7.6% |
| Trade receivables | 40 | €6,490 | €6,765 | +€275 | +4.2% |
| Other amounts receivable | 41 | €671 | €944 | +€273 | +40.7% |
| Cash at bank and in hand | 54/58 | €5,179 | €9,497 | +€4,318 | +83.4% |
| Deferred charges and accrued income | 490/1 | €696 | €732 | +€35 | +5.1% |
| Total equity and liabilities | 10/49 | €23,010 | €24,995 | +€1,985 | +8.6% |
| Equity | 10/15 | €14,898 | €21,014 | +€6,117 | +41.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €11,898 | €18,014 | +€6,117 | +51.4% |
| Distributable reserves | 133 | €11,898 | €18,014 | +€6,117 | +51.4% |
| Amounts payable | 17/49 | €8,113 | €3,981 | -€4,132 | -50.9% |
| Amounts payable within one year | 42/48 | €7,991 | €3,865 | -€4,126 | -51.6% |
| Current portion of amounts payable after more than one year | 42 | €473 | - | -€473 | |
| Trade debts | 44 | €1,394 | €905 | -€489 | -35.1% |
| Suppliers | 440/4 | €1,394 | €905 | -€489 | -35.1% |
| Taxes, remuneration and social security | 45 | €5,992 | €2,960 | -€3,032 | -50.6% |
| Taxes | 450/3 | €5,992 | €2,960 | -€3,032 | -50.6% |
| Other amounts payable | 47/48 | €132 | - | -€132 | |
| Accrued charges and deferred income | 492/3 | €122 | €116 | -€6 | -4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,761 | €3,502 | -€259 | -6.9% |
| Other operating charges | 640/8 | €1,117 | €1,354 | +€236 | +21.1% |
| Gross operating margin | 9900 | €9,632 | €16,035 | +€6,403 | +66.5% |
| Operating profit (loss) | 9901 | €4,754 | €11,180 | +€6,426 | +135.2% |
| Financial income | 75/76B | €1 | €5 | +€4 | +266.4% |
| Recurring financial income | 75 | €1 | €5 | +€4 | +266.4% |
| Financial charges | 65/66B | €2,703 | €2,238 | -€464 | -17.2% |
| Recurring financial charges | 65 | €2,703 | €2,238 | -€464 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €2,053 | €8,947 | +€6,894 | +335.9% |
| Income taxes | 67/77 | €938 | €2,830 | +€1,892 | +201.7% |
| Profit (loss) for the period | 9904 | €1,114 | €6,117 | +€5,002 | +448.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,114 | €6,117 | +€5,002 | +448.8% |
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 12 October 2026 via checked.be.