DAKWERKEN CORTEBEECK: 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 CORTEBEECK
Largest movements
- Tangible fixed assets -€65,157
down €65,157 (-28.0%), from €232,634 to €167,477
of which Furniture and vehicles: -€43,898
- Receivables within one year +€39,879
up €39,879 (+19.2%), from €208,036 to €247,915
of which Other amounts receivable: +€40,725
- Cash +€29,106
up €29,106 (+35.4%), from €82,225 to €111,331
mainly Net result for the year (+€83,389) and Depreciation (+€81,968)
- Reserves +€45,840
up €45,840 (+21.5%), from €212,716 to €258,555
- Debts after one year -€38,010
down €38,010 (-46.4%), from €81,833 to €43,822
- Other debts +€34,053
up €34,053 (+2,832%), from €1,203 to €35,256
- Trade debts -€28,135
down €28,135 (-18.9%), from €149,181 to €121,045
of which Suppliers: -€56,321
- Tax, wage and social debts -€11,618
down €11,618 (-29.4%), from €39,453 to €27,835
of which Taxes: -€18,378
- Staff costs +€136,357
up €136,357 (+52.5%), from €259,968 to €396,324
- Gross operating margin +€107,128
up €107,128 (+21.1%), from €507,941 to €615,069
- Taxes -€11,540
down €11,540 (-23.7%), from €48,636 to €37,096
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 | €526,931 | €527,498 | +€567 | +0.1% |
| Fixed assets | 21/28 | €236,671 | €168,253 | -€68,418 | -28.9% |
| Intangible fixed assets | 21 | €391 | €319 | -€71 | -18.3% |
| Tangible fixed assets | 22/27 | €232,634 | €167,477 | -€65,157 | -28.0% |
| Plant, machinery and equipment | 23 | €100,315 | €81,396 | -€18,919 | -18.9% |
| Furniture and vehicles | 24 | €129,979 | €86,081 | -€43,898 | -33.8% |
| Leasing and similar rights | 25 | €2,340 | - | -€2,340 | |
| Financial fixed assets | 28 | €3,646 | €457 | -€3,190 | -87.5% |
| Current assets | 29/58 | €290,261 | €359,245 | +€68,985 | +23.8% |
| Amounts receivable within one year | 40/41 | €208,036 | €247,915 | +€39,879 | +19.2% |
| Trade receivables | 40 | €115,228 | €114,382 | -€846 | -0.7% |
| Other amounts receivable | 41 | €92,808 | €133,533 | +€40,725 | +43.9% |
| Cash at bank and in hand | 54/58 | €82,225 | €111,331 | +€29,106 | +35.4% |
| Total equity and liabilities | 10/49 | €526,931 | €527,498 | +€567 | +0.1% |
| Equity | 10/15 | €215,716 | €261,555 | +€45,840 | +21.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €212,716 | €258,555 | +€45,840 | +21.5% |
| Distributable reserves | 133 | €212,716 | €258,555 | +€45,840 | +21.5% |
| Amounts payable | 17/49 | €311,216 | €265,943 | -€45,273 | -14.5% |
| Amounts payable after more than one year | 17 | €81,833 | €43,822 | -€38,010 | -46.4% |
| Financial debts | 170/4 | €81,833 | €43,822 | -€38,010 | -46.4% |
| Amounts payable within one year | 42/48 | €229,383 | €222,120 | -€7,262 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €39,546 | €37,984 | -€1,562 | -3.9% |
| Trade debts | 44 | €149,181 | €121,045 | -€28,135 | -18.9% |
| Suppliers | 440/4 | €149,181 | €92,859 | -€56,321 | -37.8% |
| Bills of exchange payable | 441 | - | €28,186 | +€28,186 | |
| Taxes, remuneration and social security | 45 | €39,453 | €27,835 | -€11,618 | -29.4% |
| Taxes | 450/3 | €32,268 | €13,890 | -€18,378 | -57.0% |
| Remuneration and social security | 454/9 | €7,185 | €13,945 | +€6,760 | +94.1% |
| Other amounts payable | 47/48 | €1,203 | €35,256 | +€34,053 | +2,832% |
| Non-recurring operating income | 76A | - | €31 | +€31 | |
| Remuneration, social security and pensions | 62 | €259,968 | €396,324 | +€136,357 | +52.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,451 | €81,968 | +€517 | +0.6% |
| Other operating charges | 640/8 | €148 | €150 | +€2 | +1.4% |
| Non-recurring operating charges | 66A | - | €13,183 | +€13,183 | |
| Gross operating margin | 9900 | €507,941 | €615,069 | +€107,128 | +21.1% |
| Operating profit (loss) | 9901 | €166,375 | €123,444 | -€42,930 | -25.8% |
| Financial income | 75/76B | €493 | €827 | +€334 | +67.7% |
| Recurring financial income | 75 | €493 | €827 | +€334 | +67.7% |
| Financial charges | 65/66B | €4,334 | €3,786 | -€548 | -12.6% |
| Recurring financial charges | 65 | €4,332 | €3,762 | -€570 | -13.2% |
| Non-recurring financial charges | 66B | €2 | €24 | +€22 | +1,008% |
| Profit (loss) for the period before taxes | 9903 | €162,534 | €120,485 | -€42,049 | -25.9% |
| Income taxes | 67/77 | €48,636 | €37,096 | -€11,540 | -23.7% |
| Profit (loss) for the period | 9904 | €113,898 | €83,389 | -€30,509 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €113,898 | €83,389 | -€30,509 | -26.8% |
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 31 October 2026 via checked.be.