DAKWERKEN LAGROU: 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 LAGROU
Largest movements
- Tangible fixed assets +€135,586
up €135,586 (+502%), from €26,994 to €162,579
of which Furniture and vehicles: +€135,726
- Stocks and contracts +€43,755
up €43,755 (+121%), from €36,277 to €80,032
of which Contracts in progress: +€42,641
- Receivables within one year +€42,614
up €42,614 (+91.4%), from €46,619 to €89,233
of which Trade receivables: +€42,614
- Cash -€37,672
down €37,672 (-22.8%), from €165,427 to €127,755
mainly Investment in fixed assets (net) (-€155,559) and Stocks and contracts (-€43,755)
- Debts after one year +€91,352
up €91,352 (+180%), from €50,653 to €142,006
of which Financial debts: +€91,352
- Reserves +€61,672
up €61,672 (+38.6%), from €159,710 to €221,382
- Current portion of long-term debt +€15,502
up €15,502 (+203%), from €7,645 to €23,148
- Accrued charges and deferred income +€12,782
up €12,782 (+250%), from €5,116 to €17,898
- Trade debts -€5,991
down €5,991 (-23.2%), from €25,861 to €19,870
- Gross operating margin +€34,733
up €34,733 (+49.1%), from €70,704 to €105,436
- Depreciation +€7,294
up €7,294 (+57.5%), from €12,680 to €19,974
- Taxes +€5,897
up €5,897 (+57.3%), from €10,298 to €16,195
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 | €278,528 | €462,153 | +€183,625 | +65.9% |
| Fixed assets | 21/28 | €26,994 | €162,579 | +€135,586 | +502% |
| Tangible fixed assets | 22/27 | €26,994 | €162,579 | +€135,586 | +502% |
| Plant, machinery and equipment | 23 | €9,657 | €9,517 | -€140 | -1.4% |
| Furniture and vehicles | 24 | €17,337 | €153,063 | +€135,726 | +783% |
| Current assets | 29/58 | €251,534 | €299,574 | +€48,040 | +19.1% |
| Stocks and contracts in progress | 3 | €36,277 | €80,032 | +€43,755 | +121% |
| Stocks | 30/36 | €21,277 | €22,391 | +€1,114 | +5.2% |
| Contracts in progress | 37 | €15,000 | €57,641 | +€42,641 | +284% |
| Amounts receivable within one year | 40/41 | €46,619 | €89,233 | +€42,614 | +91.4% |
| Trade receivables | 40 | €45,331 | €87,944 | +€42,614 | +94.0% |
| Other amounts receivable | 41 | €1,289 | €1,289 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €165,427 | €127,755 | -€37,672 | -22.8% |
| Deferred charges and accrued income | 490/1 | €3,211 | €2,554 | -€657 | -20.5% |
| Total equity and liabilities | 10/49 | €278,528 | €462,153 | +€183,625 | +65.9% |
| Equity | 10/15 | €164,710 | €226,382 | +€61,672 | +37.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €159,710 | €221,382 | +€61,672 | +38.6% |
| Distributable reserves | 133 | €159,710 | €221,382 | +€61,672 | +38.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €113,818 | €235,771 | +€121,953 | +107% |
| Amounts payable after more than one year | 17 | €50,653 | €142,006 | +€91,352 | +180% |
| Financial debts | 170/4 | €653 | €92,006 | +€91,352 | +13,984% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €58,049 | €75,868 | +€17,819 | +30.7% |
| Current portion of amounts payable after more than one year | 42 | €7,645 | €23,148 | +€15,502 | +203% |
| Trade debts | 44 | €25,861 | €19,870 | -€5,991 | -23.2% |
| Suppliers | 440/4 | €25,861 | €19,870 | -€5,991 | -23.2% |
| Advances received on contracts in progress | 46 | €376 | €0 | -€376 | -100% |
| Taxes, remuneration and social security | 45 | €10,022 | €14,455 | +€4,433 | +44.2% |
| Taxes | 450/3 | €10,022 | €14,455 | +€4,433 | +44.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €14,145 | €18,395 | +€4,251 | +30.1% |
| Accrued charges and deferred income | 492/3 | €5,116 | €17,898 | +€12,782 | +250% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,680 | €19,974 | +€7,294 | +57.5% |
| Other operating charges | 640/8 | €1,219 | €1,496 | +€276 | +22.7% |
| Gross operating margin | 9900 | €70,704 | €105,436 | +€34,733 | +49.1% |
| Operating profit (loss) | 9901 | €56,805 | €83,967 | +€27,162 | +47.8% |
| Financial income | 75/76B | €436 | €388 | -€48 | -11.1% |
| Recurring financial income | 75 | €436 | €388 | -€48 | -11.1% |
| Financial charges | 65/66B | €6,216 | €6,488 | +€272 | +4.4% |
| Recurring financial charges | 65 | €6,216 | €6,488 | +€272 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €51,025 | €77,867 | +€26,842 | +52.6% |
| Income taxes | 67/77 | €10,298 | €16,195 | +€5,897 | +57.3% |
| Profit (loss) for the period | 9904 | €40,727 | €61,672 | +€20,945 | +51.4% |
| Profit (loss) for the period to be appropriated | 9905 | €40,727 | €61,672 | +€20,945 | +51.4% |
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 30 October 2026 via checked.be.