DAKWERKEN CDC: 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.
DAKWERKEN CDC
Largest movements
- Receivables within one year +€12,255
up €12,255 (+110%), from €11,098 to €23,353
of which Trade receivables: +€10,035
- Tangible fixed assets -€11,250
down €11,250 (-6.3%), from €177,503 to €166,252
of which Leasing and similar rights: -€15,651
- Cash +€4,392
up €4,392 (+54.5%), from €8,059 to €12,452
mainly Depreciation (+€24,430) and Net result for the year (+€16,059)
- Reserves +€16,059
up €16,059 (+41.5%), from €38,657 to €54,716
of which Distributable reserves: +€19,540
- Current portion of long-term debt -€7,508
down €7,508 (-19.1%), from €39,304 to €31,796
- Debts after one year +€6,875
up €6,875 (+6.6%), from €103,843 to €110,717
- Other debts -€6,631
down €6,631 (-87.6%), from €7,573 to €942
- Gross operating margin +€10,102
up €10,102 (+23.0%), from €43,996 to €54,098
- Taxes +€3,245
up €3,245 (+71.0%), from €4,572 to €7,817
- Depreciation -€1,984
down €1,984 (-7.5%), from €26,414 to €24,430
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 | €201,364 | €206,861 | +€5,497 | +2.7% |
| Fixed assets | 21/28 | €177,503 | €166,252 | -€11,250 | -6.3% |
| Tangible fixed assets | 22/27 | €177,503 | €166,252 | -€11,250 | -6.3% |
| Land and buildings | 22 | €161,852 | €153,289 | -€8,563 | -5.3% |
| Furniture and vehicles | 24 | - | €12,963 | +€12,963 | |
| Leasing and similar rights | 25 | €15,651 | €0 | -€15,651 | -100% |
| Current assets | 29/58 | €23,861 | €40,609 | +€16,748 | +70.2% |
| Amounts receivable within one year | 40/41 | €11,098 | €23,353 | +€12,255 | +110% |
| Trade receivables | 40 | €9,321 | €19,356 | +€10,035 | +108% |
| Other amounts receivable | 41 | €1,777 | €3,997 | +€2,219 | +125% |
| Cash at bank and in hand | 54/58 | €8,059 | €12,452 | +€4,392 | +54.5% |
| Deferred charges and accrued income | 490/1 | €4,703 | €4,804 | +€101 | +2.1% |
| Total equity and liabilities | 10/49 | €201,364 | €206,861 | +€5,497 | +2.7% |
| Equity | 10/15 | €44,957 | €61,016 | +€16,059 | +35.7% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €38,657 | €54,716 | +€16,059 | +41.5% |
| Tax-exempt reserves | 132 | €4,974 | €1,494 | -€3,481 | -70.0% |
| Distributable reserves | 133 | €33,682 | €53,222 | +€19,540 | +58.0% |
| Provisions and deferred taxes | 16 | €1,275 | €383 | -€892 | -70.0% |
| Deferred taxes | 168 | €1,275 | €383 | -€892 | -70.0% |
| Amounts payable | 17/49 | €155,132 | €145,462 | -€9,670 | -6.2% |
| Amounts payable after more than one year | 17 | €103,843 | €110,717 | +€6,875 | +6.6% |
| Financial debts | 170/4 | €103,843 | €110,717 | +€6,875 | +6.6% |
| Amounts payable within one year | 42/48 | €51,289 | €34,745 | -€16,545 | -32.3% |
| Current portion of amounts payable after more than one year | 42 | €39,304 | €31,796 | -€7,508 | -19.1% |
| Trade debts | 44 | €1,341 | €189 | -€1,151 | -85.9% |
| Suppliers | 440/4 | €1,341 | €189 | -€1,151 | -85.9% |
| Taxes, remuneration and social security | 45 | €3,072 | €1,817 | -€1,255 | -40.9% |
| Taxes | 450/3 | €3,072 | €1,817 | -€1,255 | -40.9% |
| Other amounts payable | 47/48 | €7,573 | €942 | -€6,631 | -87.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,414 | €24,430 | -€1,984 | -7.5% |
| Other operating charges | 640/8 | €1,606 | €1,900 | +€294 | +18.3% |
| Gross operating margin | 9900 | €43,996 | €54,098 | +€10,102 | +23.0% |
| Operating profit (loss) | 9901 | €15,976 | €27,768 | +€11,792 | +73.8% |
| Financial charges | 65/66B | €5,058 | €4,784 | -€274 | -5.4% |
| Recurring financial charges | 65 | €5,058 | €4,784 | -€274 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €10,917 | €22,984 | +€12,067 | +111% |
| Transfer from deferred taxes | 780 | €1,000 | €892 | -€107 | -10.8% |
| Income taxes | 67/77 | €4,572 | €7,817 | +€3,245 | +71.0% |
| Profit (loss) for the period | 9904 | €7,345 | €16,059 | +€8,714 | +119% |
| Transfer from tax-exempt reserves | 789 | €3,900 | €3,481 | -€419 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,245 | €19,540 | +€8,295 | +73.8% |
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 17 October 2026 via checked.be.