Dakwerken Moens E.: what changed
Two fiscal 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 Moens E.
Largest movements
- Tangible fixed assets +€456,853
up €456,853 (+55.1%), from €829,095 to €1.3m
of which Plant, machinery and equipment: +€304,855
- Receivables within one year -€177,934
down €177,934 (-74.8%), from €238,036 to €60,102
of which Trade receivables: -€194,131
- Cash -€46,707
down €46,707 (-13.1%), from €357,268 to €310,561
mainly Investment in fixed assets (net) (-€632,828) and Debts after one year (-€43,190)
- Stocks and contracts +€20,314
up €20,314 (+34.1%), from €59,546 to €79,860
- Reserves +€341,110
up €341,110 (+27.8%), from €1.2m to €1.6m
of which Distributable reserves: +€236,920
- Debts after one year -€43,190
down €43,190 (-54.1%), from €79,897 to €36,707
- Advances received -€33,074
down €33,074 (-94.7%), from €34,910 to €1,836
- Gross operating margin +€326,627
up €326,627 (+61.1%), from €534,886 to €861,513
- Staff costs +€92,953
up €92,953 (+69.7%), from €133,365 to €226,318
- Depreciation +€46,801
up €46,801 (+35.9%), from €130,425 to €177,225
- Taxes +€26,690
up €26,690 (+33.4%), from €79,878 to €106,569
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.
Cash bridge derived
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 | €1,492,096 | €1,747,187 | +€255,091 | +17.1% |
| Fixed assets | 21/28 | €830,977 | €1,286,580 | +€455,603 | +54.8% |
| Tangible fixed assets | 22/27 | €829,095 | €1,285,948 | +€456,853 | +55.1% |
| Land and buildings | 22 | €563,414 | €595,969 | +€32,555 | +5.8% |
| Plant, machinery and equipment | 23 | €12,141 | €316,996 | +€304,855 | +2511.0% |
| Furniture and vehicles | 24 | €252,425 | €372,212 | +€119,787 | +47.5% |
| Other tangible fixed assets | 26 | €1,115 | €771 | -€344 | -30.9% |
| Financial fixed assets | 28 | €1,882 | €632 | -€1,250 | -66.4% |
| Current assets | 29/58 | €661,119 | €460,607 | -€200,512 | -30.3% |
| Stocks and contracts in progress | 3 | €59,546 | €79,860 | +€20,314 | +34.1% |
| Stocks | 30/36 | €59,546 | €79,860 | +€20,314 | +34.1% |
| Amounts receivable within one year | 40/41 | €238,036 | €60,102 | -€177,934 | -74.8% |
| Trade receivables | 40 | €235,785 | €41,654 | -€194,131 | -82.3% |
| Other amounts receivable | 41 | €2,252 | €18,448 | +€16,197 | +719.4% |
| Cash at bank and in hand | 54/58 | €357,268 | €310,561 | -€46,707 | -13.1% |
| Deferred charges and accrued income | 490/1 | €6,268 | €10,085 | +€3,816 | +60.9% |
| Total equity and liabilities | 10/49 | €1,492,096 | €1,747,187 | +€255,091 | +17.1% |
| Equity | 10/15 | €1,240,504 | €1,581,614 | +€341,110 | +27.5% |
| Contributions | 10/11 | €11,333 | €11,333 | = | 0.0% |
| Reserves | 13 | €1,229,171 | €1,570,281 | +€341,110 | +27.8% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €104,190 | +€104,190 | |
| Distributable reserves | 133 | €1,227,271 | €1,464,191 | +€236,920 | +19.3% |
| Amounts payable | 17/49 | €251,592 | €165,573 | -€86,019 | -34.2% |
| Amounts payable after more than one year | 17 | €79,897 | €36,707 | -€43,190 | -54.1% |
| Financial debts | 170/4 | €79,897 | €36,707 | -€43,190 | -54.1% |
| Amounts payable within one year | 42/48 | €171,695 | €128,866 | -€42,829 | -24.9% |
| Current portion of amounts payable after more than one year | 42 | €42,273 | €43,190 | +€917 | +2.2% |
| Financial debts | 43 | €8,458 | €8,447 | -€11 | -0.1% |
| Other loans | 439 | €8,458 | €8,447 | -€11 | -0.1% |
| Trade debts | 44 | €17,685 | €14,611 | -€3,074 | -17.4% |
| Suppliers | 440/4 | €17,685 | €14,611 | -€3,074 | -17.4% |
| Advances received on contracts in progress | 46 | €34,910 | €1,836 | -€33,074 | -94.7% |
| Taxes, remuneration and social security | 45 | €68,369 | €60,783 | -€7,587 | -11.1% |
| Taxes | 450/3 | €57,723 | €38,097 | -€19,626 | -34.0% |
| Remuneration and social security | 454/9 | €10,646 | €22,685 | +€12,039 | +113.1% |
| Remuneration, social security and pensions | 62 | €133,365 | €226,318 | +€92,953 | +69.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,425 | €177,225 | +€46,801 | +35.9% |
| Other operating charges | 640/8 | €8,634 | €6,561 | -€2,073 | -24.0% |
| Gross operating margin | 9900 | €534,886 | €861,513 | +€326,627 | +61.1% |
| Operating profit (loss) | 9901 | €262,462 | €451,409 | +€188,947 | +72.0% |
| Financial income | 75/76B | €686 | €683 | -€3 | -0.4% |
| Recurring financial income | 75 | €686 | €683 | -€3 | -0.4% |
| Financial charges | 65/66B | €5,383 | €4,413 | -€970 | -18.0% |
| Recurring financial charges | 65 | €5,383 | €4,413 | -€970 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €257,765 | €447,679 | +€189,914 | +73.7% |
| Income taxes | 67/77 | €79,878 | €106,569 | +€26,690 | +33.4% |
| Profit (loss) for the period | 9904 | €177,886 | €341,110 | +€163,224 | +91.8% |
| Transfer to tax-exempt reserves | 689 | - | €104,190 | +€104,190 | |
| Profit (loss) for the period to be appropriated | 9905 | €177,886 | €236,920 | +€59,034 | +33.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.