Dakwerken Mahieu: what changed
Dakwerken Mahieu
Largest movements
- Tangible fixed assets +€98,141
up €98,141 (+574%), from €17,085 to €115,226
of which Leasing and similar rights: +€103,147
- Receivables within one year +€94,700
up €94,700 (+934%), from €10,138 to €104,838
of which Trade receivables: +€90,609
- Cash -€43,085
down €43,085 (-83.2%), from €51,780 to €8,696
mainly Investment in fixed assets (net) (-€119,520) and Receivables within one year (-€94,700)
- Stocks and contracts -€20,441
down €20,441 (-92.9%), from €22,000 to €1,559
of which Contracts in progress: -€22,000
- Debts after one year +€80,404
up €80,404 (+1,041%), from €7,723 to €88,127
- Reserves +€22,035
up €22,035 (+40.2%), from €54,812 to €76,847
- Trade debts +€21,649
up €21,649 (+166%), from €13,042 to €34,692
- Current portion of long-term debt +€14,265
up €14,265 (+393%), from €3,630 to €17,895
- Tax, wage and social debts -€4,764
down €4,764 (-27.4%), from €17,398 to €12,634
of which Taxes: -€7,413
- Staff costs +€52,296
up €52,296 (+2,203%), from €2,374 to €54,670
- Gross operating margin +€29,146
up €29,146 (+35.3%), from €82,639 to €111,784
- Depreciation +€15,669
up €15,669 (+270%), from €5,810 to €21,479
- Taxes -€7,978
down €7,978 (-56.2%), from €14,198 to €6,219
- Financial charges +€2,421
up €2,421 (+94.1%), from €2,574 to €4,996
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 | €104,069 | €234,140 | +€130,071 | +125% |
| Fixed assets | 21/28 | €19,610 | €117,651 | +€98,041 | +500% |
| Intangible fixed assets | 21 | €875 | €775 | -€100 | -11.4% |
| Tangible fixed assets | 22/27 | €17,085 | €115,226 | +€98,141 | +574% |
| Plant, machinery and equipment | 23 | €2,840 | €1,932 | -€908 | -32.0% |
| Furniture and vehicles | 24 | €14,245 | €10,146 | -€4,099 | -28.8% |
| Leasing and similar rights | 25 | - | €103,147 | +€103,147 | |
| Financial fixed assets | 28 | €1,650 | €1,650 | = | 0.0% |
| Current assets | 29/58 | €84,459 | €116,489 | +€32,030 | +37.9% |
| Stocks and contracts in progress | 3 | €22,000 | €1,559 | -€20,441 | -92.9% |
| Stocks | 30/36 | - | €1,559 | +€1,559 | |
| Contracts in progress | 37 | €22,000 | €0 | -€22,000 | -100% |
| Amounts receivable within one year | 40/41 | €10,138 | €104,838 | +€94,700 | +934% |
| Trade receivables | 40 | €6,071 | €96,680 | +€90,609 | +1,493% |
| Other amounts receivable | 41 | €4,067 | €8,158 | +€4,091 | +101% |
| Cash at bank and in hand | 54/58 | €51,780 | €8,696 | -€43,085 | -83.2% |
| Deferred charges and accrued income | 490/1 | €541 | €1,396 | +€855 | +158% |
| Total equity and liabilities | 10/49 | €104,069 | €234,140 | +€130,071 | +125% |
| Equity | 10/15 | €55,812 | €77,847 | +€22,035 | +39.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €54,812 | €76,847 | +€22,035 | +40.2% |
| Distributable reserves | 133 | €54,812 | €76,847 | +€22,035 | +40.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €48,257 | €156,293 | +€108,035 | +224% |
| Amounts payable after more than one year | 17 | €7,723 | €88,127 | +€80,404 | +1,041% |
| Financial debts | 170/4 | €7,723 | €88,127 | +€80,404 | +1,041% |
| Amounts payable within one year | 42/48 | €40,408 | €67,616 | +€27,208 | +67.3% |
| Current portion of amounts payable after more than one year | 42 | €3,630 | €17,895 | +€14,265 | +393% |
| Trade debts | 44 | €13,042 | €34,692 | +€21,649 | +166% |
| Suppliers | 440/4 | €13,042 | €34,692 | +€21,649 | +166% |
| Taxes, remuneration and social security | 45 | €17,398 | €12,634 | -€4,764 | -27.4% |
| Taxes | 450/3 | €15,065 | €7,652 | -€7,413 | -49.2% |
| Remuneration and social security | 454/9 | €2,333 | €4,982 | +€2,649 | +114% |
| Other amounts payable | 47/48 | €6,337 | €2,395 | -€3,943 | -62.2% |
| Accrued charges and deferred income | 492/3 | €126 | €550 | +€424 | +337% |
| Remuneration, social security and pensions | 62 | €2,374 | €54,670 | +€52,296 | +2,203% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,810 | €21,479 | +€15,669 | +270% |
| Other operating charges | 640/8 | €2,012 | €1,552 | -€460 | -22.9% |
| Gross operating margin | 9900 | €82,639 | €111,784 | +€29,146 | +35.3% |
| Operating profit (loss) | 9901 | €72,443 | €34,083 | -€38,359 | -53.0% |
| Financial charges | 65/66B | €2,574 | €4,996 | +€2,421 | +94.1% |
| Recurring financial charges | 65 | €2,574 | €4,996 | +€2,421 | +94.1% |
| Profit (loss) for the period before taxes | 9903 | €69,868 | €29,088 | -€40,781 | -58.4% |
| Income taxes | 67/77 | €14,198 | €6,219 | -€7,978 | -56.2% |
| Profit (loss) for the period | 9904 | €55,671 | €22,868 | -€32,802 | -58.9% |
| Profit (loss) for the period to be appropriated | 9905 | €55,671 | €22,868 | -€32,802 | -58.9% |
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 2 November 2026 via checked.be.