D-WORKS CONCEPTS: what changed
What changed
D-WORKS CONCEPTS
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
-€1,271
2024 · -€10,222+€8,951
Equity
€8,320
2024 · €9,591-€1,271
Cash
-
2024 · €0
Balance sheet total
€28,158
2024 · €66,881-€38,723
Largest movements
Assets
- Receivables within one year -€36,611
down €36,611 (-61.1%), from €59,940 to €23,328
of which Other amounts receivable: -€36,611
- Tangible fixed assets -€2,112
down €2,112 (-30.4%), from €6,941 to €4,829
Equity and liabilities
- Accrued charges and deferred income -€38,009
down €38,009 (-100%), from €38,009 to €0
- Short-term financial debts +€6,582
up €6,582 (+195%), from €3,380 to €9,962
- Debts after one year -€4,969
down €4,969 (-90.5%), from €5,493 to €524
- Profit (loss) carried forward -€1,271
down €1,271 (-6.0%), from -€21,052 to -€22,323
Income statement
- Gross operating margin +€5,739
up €5,739, from -€4,261 to €1,478
- Financial charges -€3,184
down €3,184 (-66.7%), from €4,773 to €1,589
- Financial income -€1,514
down €1,514 (-50.5%), from €2,997 to €1,483
- Depreciation -€1,138
down €1,138 (-35.0%), from €3,249 to €2,112
- Taxes -€406
down €406 (-85.3%), from €476 to €70
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€10,222
Gross operating margin
+€5,739
Depreciation
+€1,138
Other operating charges
-€3
Financial income
-€1,514
Financial charges
+€3,184
Taxes
+€406
Result 2025
-€1,271
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1,360
Investment
€0
Financing
+€1,360
Cash 2024
€0
From operations (derived)
-€1,360
Net result for the year
-€1,271
Depreciation
+€2,112
Receivables within one year
+€36,611
Trade debts
-€494
Tax, wage and social debts
-€310
Accrued charges and deferred income
-€38,009
Financing
+€1,360
Debts after one year
-€4,969
Current portion of long-term debt
-€252
Short-term financial debts
+€6,582
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,881 | €28,158 | -€38,723 | -57.9% |
| Fixed assets | 21/28 | €6,941 | €4,829 | -€2,112 | -30.4% |
| Tangible fixed assets | 22/27 | €6,941 | €4,829 | -€2,112 | -30.4% |
| Land and buildings | 22 | €2,586 | €2,186 | -€400 | -15.5% |
| Plant, machinery and equipment | 23 | €1,402 | €539 | -€862 | -61.5% |
| Furniture and vehicles | 24 | €2,953 | €2,104 | -€849 | -28.8% |
| Current assets | 29/58 | €59,940 | €23,328 | -€36,611 | -61.1% |
| Amounts receivable within one year | 40/41 | €59,940 | €23,328 | -€36,611 | -61.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €59,940 | €23,328 | -€36,611 | -61.1% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €66,881 | €28,158 | -€38,723 | -57.9% |
| Equity | 10/15 | €9,591 | €8,320 | -€1,271 | -13.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €28,143 | €28,143 | = | 0.0% |
| Distributable reserves | 133 | €28,143 | €28,143 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,052 | -€22,323 | -€1,271 | -6.0% |
| Amounts payable | 17/49 | €57,290 | €19,838 | -€37,452 | -65.4% |
| Amounts payable after more than one year | 17 | €5,493 | €524 | -€4,969 | -90.5% |
| Financial debts | 170/4 | €5,493 | €524 | -€4,969 | -90.5% |
| Amounts payable within one year | 42/48 | €13,788 | €19,314 | +€5,526 | +40.1% |
| Current portion of amounts payable after more than one year | 42 | €5,218 | €4,966 | -€252 | -4.8% |
| Financial debts | 43 | €3,380 | €9,962 | +€6,582 | +195% |
| Credit institutions | 430/8 | €3,380 | €9,962 | +€6,582 | +195% |
| Trade debts | 44 | €4,333 | €3,840 | -€494 | -11.4% |
| Suppliers | 440/4 | €4,333 | €3,840 | -€494 | -11.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €856 | €546 | -€310 | -36.2% |
| Taxes | 450/3 | €856 | €546 | -€310 | -36.2% |
| Accrued charges and deferred income | 492/3 | €38,009 | €0 | -€38,009 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,249 | €2,112 | -€1,138 | -35.0% |
| Other operating charges | 640/8 | €458 | €461 | +€3 | +0.6% |
| Gross operating margin | 9900 | -€4,261 | €1,478 | +€5,739 | |
| Operating profit (loss) | 9901 | -€7,969 | -€1,095 | +€6,874 | +86.3% |
| Financial income | 75/76B | €2,997 | €1,483 | -€1,514 | -50.5% |
| Recurring financial income | 75 | €2,997 | €1,483 | -€1,514 | -50.5% |
| Financial charges | 65/66B | €4,773 | €1,589 | -€3,184 | -66.7% |
| Recurring financial charges | 65 | €4,773 | €1,589 | -€3,184 | -66.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,745 | -€1,201 | +€8,544 | +87.7% |
| Income taxes | 67/77 | €476 | €70 | -€406 | -85.3% |
| Profit (loss) for the period | 9904 | -€10,222 | -€1,271 | +€8,951 | +87.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,222 | -€1,271 | +€8,951 | +87.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.