DAKREN: 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.
DAKREN
Largest movements
- Receivables within one year +€222,517
up €222,517 (+179.6%), from €123,913 to €346,430
of which Trade receivables: +€209,153
- Cash -€170,781
down €170,781 (-87.3%), from €195,586 to €24,804
mainly Receivables within one year (-€222,517) and Deferred charges and accrued income (-€37,591)
- Deferred charges and accrued income +€37,591
new in 2025: €37,591
- Tangible fixed assets -€18,766
down €18,766 (-22.7%), from €82,772 to €64,006
of which Leasing and similar rights: -€35,462
- Stocks and contracts +€12,667
up €12,667 (+16.4%), from €77,263 to €89,930
- Profit (loss) carried forward +€94,935
up €94,935 (+26.6%), from €356,342 to €451,277
- Trade debts -€15,906
down €15,906 (-16.8%), from €94,863 to €78,957
- Debts after one year -€14,100
no longer reported in 2025 (was €14,100)
- Tax, wage and social debts +€12,306
up €12,306 (+1097.3%), from €1,121 to €13,428
of which Remuneration and social security: +€13,428
- Current portion of long-term debt +€5,994
up €5,994 (+73.9%), from €8,106 to €14,100
- Gross operating margin -€142,547
down €142,547 (-22.9%), from €623,238 to €480,691
- Staff costs -€27,556
down €27,556 (-7.8%), from €354,022 to €326,467
- Taxes -€27,322
down €27,322 (-48.1%), from €56,816 to €29,494
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 | €479,534 | €562,762 | +€83,228 | +17.4% |
| Fixed assets | 21/28 | €82,772 | €64,006 | -€18,766 | -22.7% |
| Tangible fixed assets | 22/27 | €82,772 | €64,006 | -€18,766 | -22.7% |
| Plant, machinery and equipment | 23 | €17,422 | €16,434 | -€988 | -5.7% |
| Furniture and vehicles | 24 | €29,887 | €47,572 | +€17,685 | +59.2% |
| Leasing and similar rights | 25 | €35,462 | - | -€35,462 | |
| Current assets | 29/58 | €396,762 | €498,756 | +€101,994 | +25.7% |
| Stocks and contracts in progress | 3 | €77,263 | €89,930 | +€12,667 | +16.4% |
| Stocks | 30/36 | €77,263 | €89,930 | +€12,667 | +16.4% |
| Amounts receivable within one year | 40/41 | €123,913 | €346,430 | +€222,517 | +179.6% |
| Trade receivables | 40 | €39,494 | €248,647 | +€209,153 | +529.6% |
| Other amounts receivable | 41 | €84,419 | €97,783 | +€13,364 | +15.8% |
| Cash at bank and in hand | 54/58 | €195,586 | €24,804 | -€170,781 | -87.3% |
| Deferred charges and accrued income | 490/1 | - | €37,591 | +€37,591 | |
| Total equity and liabilities | 10/49 | €479,534 | €562,762 | +€83,228 | +17.4% |
| Equity | 10/15 | €361,342 | €456,277 | +€94,935 | +26.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €356,342 | €451,277 | +€94,935 | +26.6% |
| Amounts payable | 17/49 | €118,191 | €106,485 | -€11,706 | -9.9% |
| Amounts payable after more than one year | 17 | €14,100 | - | -€14,100 | |
| Financial debts | 170/4 | €14,100 | - | -€14,100 | |
| Amounts payable within one year | 42/48 | €104,091 | €106,485 | +€2,394 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €8,106 | €14,100 | +€5,994 | +73.9% |
| Trade debts | 44 | €94,863 | €78,957 | -€15,906 | -16.8% |
| Suppliers | 440/4 | €94,863 | €78,957 | -€15,906 | -16.8% |
| Taxes, remuneration and social security | 45 | €1,121 | €13,428 | +€12,306 | +1097.3% |
| Taxes | 450/3 | €1,121 | - | -€1,121 | |
| Remuneration and social security | 454/9 | - | €13,428 | +€13,428 | |
| Remuneration, social security and pensions | 62 | €354,022 | €326,467 | -€27,556 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,732 | €22,066 | +€2,334 | +11.8% |
| Other operating charges | 640/8 | €4,979 | €2,987 | -€1,992 | -40.0% |
| Gross operating margin | 9900 | €623,238 | €480,691 | -€142,547 | -22.9% |
| Operating profit (loss) | 9901 | €244,504 | €129,171 | -€115,333 | -47.2% |
| Financial income | 75/76B | €20 | €7 | -€13 | -66.8% |
| Recurring financial income | 75 | €20 | €7 | -€13 | -66.8% |
| Financial charges | 65/66B | €2,462 | €4,750 | +€2,287 | +92.9% |
| Recurring financial charges | 65 | €2,462 | €4,550 | +€2,087 | +84.8% |
| Non-recurring financial charges | 66B | - | €200 | +€200 | |
| Profit (loss) for the period before taxes | 9903 | €242,062 | €124,428 | -€117,633 | -48.6% |
| Income taxes | 67/77 | €56,816 | €29,494 | -€27,322 | -48.1% |
| Profit (loss) for the period | 9904 | €185,246 | €94,935 | -€90,312 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €185,246 | €94,935 | -€90,312 | -48.8% |
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 10 October 2026 via checked.be.