DakwerKEN: what changed
DakwerKEN
Largest movements
- Tangible fixed assets +€84,063
up €84,063 (+524%), from €16,054 to €100,117
of which Plant, machinery and equipment: +€86,488
- Receivables within one year +€28,204
up €28,204 (+474%), from €5,947 to €34,152
of which Trade receivables: +€32,259
- Cash -€20,099
down €20,099 (-34.3%), from €58,619 to €38,520
mainly Investment in fixed assets (net) (-€98,550) and Receivables within one year (-€28,204)
- Debts after one year +€57,828
up €57,828 (+267%), from €21,620 to €79,448
of which Financial debts: +€57,227
- Reserves +€18,211
up €18,211 (+46.2%), from €39,453 to €57,664
- Current portion of long-term debt +€17,355
new in 2025: €17,355
- Tax, wage and social debts -€2,960
down €2,960 (-23.1%), from €12,810 to €9,849
of which Taxes: -€2,998
- Trade debts +€1,735
up €1,735 (+99.8%), from €1,738 to €3,473
- Gross operating margin -€16,422
down €16,422 (-24.0%), from €68,537 to €52,115
- Depreciation +€8,465
up €8,465 (+141%), from €6,021 to €14,487
- Taxes -€7,998
down €7,998 (-52.1%), from €15,345 to €7,347
- Financial charges +€2,963
up €2,963 (+487%), from €608 to €3,571
- Staff costs +€2,228
up €2,228 (+39.3%), from €5,674 to €7,902
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,620 | €172,789 | +€92,168 | +114% |
| Fixed assets | 21/28 | €16,054 | €100,117 | +€84,063 | +524% |
| Tangible fixed assets | 22/27 | €16,054 | €100,117 | +€84,063 | +524% |
| Plant, machinery and equipment | 23 | €9,561 | €96,049 | +€86,488 | +905% |
| Furniture and vehicles | 24 | €6,493 | €4,069 | -€2,425 | -37.3% |
| Current assets | 29/58 | €64,566 | €72,671 | +€8,105 | +12.6% |
| Amounts receivable within one year | 40/41 | €5,947 | €34,152 | +€28,204 | +474% |
| Trade receivables | 40 | - | €32,259 | +€32,259 | |
| Other amounts receivable | 41 | €5,947 | €1,893 | -€4,054 | -68.2% |
| Cash at bank and in hand | 54/58 | €58,619 | €38,520 | -€20,099 | -34.3% |
| Total equity and liabilities | 10/49 | €80,620 | €172,789 | +€92,168 | +114% |
| Equity | 10/15 | €44,453 | €62,664 | +€18,211 | +41.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €39,453 | €57,664 | +€18,211 | +46.2% |
| Distributable reserves | 133 | €39,453 | €57,664 | +€18,211 | +46.2% |
| Amounts payable | 17/49 | €36,167 | €110,125 | +€73,957 | +204% |
| Amounts payable after more than one year | 17 | €21,620 | €79,448 | +€57,828 | +267% |
| Financial debts | 170/4 | - | €57,227 | +€57,227 | |
| Other amounts payable | 178/9 | €21,620 | €22,221 | +€601 | +2.8% |
| Amounts payable within one year | 42/48 | €14,547 | €30,677 | +€16,129 | +111% |
| Current portion of amounts payable after more than one year | 42 | - | €17,355 | +€17,355 | |
| Trade debts | 44 | €1,738 | €3,473 | +€1,735 | +99.8% |
| Suppliers | 440/4 | €1,738 | €3,473 | +€1,735 | +99.8% |
| Taxes, remuneration and social security | 45 | €12,810 | €9,849 | -€2,960 | -23.1% |
| Taxes | 450/3 | €10,386 | €7,388 | -€2,998 | -28.9% |
| Remuneration and social security | 454/9 | €2,424 | €2,461 | +€38 | +1.6% |
| Remuneration, social security and pensions | 62 | €5,674 | €7,902 | +€2,228 | +39.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,021 | €14,487 | +€8,465 | +141% |
| Other operating charges | 640/8 | €1,470 | €597 | -€873 | -59.4% |
| Gross operating margin | 9900 | €68,537 | €52,115 | -€16,422 | -24.0% |
| Operating profit (loss) | 9901 | €55,372 | €29,130 | -€26,242 | -47.4% |
| Financial income | 75/76B | €34 | - | -€34 | |
| Recurring financial income | 75 | €34 | - | -€34 | |
| Financial charges | 65/66B | €608 | €3,571 | +€2,963 | +487% |
| Recurring financial charges | 65 | €608 | €3,571 | +€2,963 | +487% |
| Profit (loss) for the period before taxes | 9903 | €54,798 | €25,559 | -€29,240 | -53.4% |
| Income taxes | 67/77 | €15,345 | €7,347 | -€7,998 | -52.1% |
| Profit (loss) for the period | 9904 | €39,453 | €18,211 | -€21,242 | -53.8% |
| Profit (loss) for the period to be appropriated | 9905 | €39,453 | €18,211 | -€21,242 | -53.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.