Dakwerken Moerman: what changed
Dakwerken Moerman
Largest movements
- Receivables within one year +€93,308
up €93,308 (+386%), from €24,161 to €117,470
of which Trade receivables: +€87,550
- Tangible fixed assets -€34,120
down €34,120 (-14.6%), from €233,814 to €199,694
of which Furniture and vehicles: -€27,449
- Cash +€13,175
up €13,175 (+17.5%), from €75,151 to €88,326
mainly Net result for the year (+€125,197) and Depreciation (+€50,311)
- Deferred charges and accrued income +€5,769
up €5,769 (+46.2%), from €12,491 to €18,259
- Reserves +€125,197
up €125,197 (+110%), from €114,203 to €239,400
- Trade debts -€32,541
down €32,541 (-55.1%), from €59,066 to €26,525
- Tax, wage and social debts +€30,472
up €30,472 (+148%), from €20,587 to €51,059
of which Taxes: +€28,308
- Other debts -€20,976
down €20,976 (-48.5%), from €43,291 to €22,314
- Current portion of long-term debt -€19,627
down €19,627 (-79.2%), from €24,771 to €5,144
- Staff costs -€74,082
down €74,082 (-34.3%), from €216,006 to €141,924
- Gross operating margin -€54,208
down €54,208 (-13.0%), from €418,516 to €364,307
- Taxes +€4,993
up €4,993 (+15.1%), from €33,016 to €38,009
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 | €364,304 | €442,119 | +€77,814 | +21.4% |
| Fixed assets | 21/28 | €235,001 | €200,564 | -€34,437 | -14.7% |
| Intangible fixed assets | 21 | €1,052 | €735 | -€317 | -30.2% |
| Tangible fixed assets | 22/27 | €233,814 | €199,694 | -€34,120 | -14.6% |
| Land and buildings | 22 | €117,169 | €109,693 | -€7,476 | -6.4% |
| Plant, machinery and equipment | 23 | €4,397 | €5,201 | +€804 | +18.3% |
| Furniture and vehicles | 24 | €112,248 | €84,799 | -€27,449 | -24.5% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €129,303 | €241,555 | +€112,252 | +86.8% |
| Stocks and contracts in progress | 3 | €17,500 | €17,500 | = | 0.0% |
| Stocks | 30/36 | €17,500 | €17,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,161 | €117,470 | +€93,308 | +386% |
| Trade receivables | 40 | €17,289 | €104,840 | +€87,550 | +506% |
| Other amounts receivable | 41 | €6,872 | €12,630 | +€5,758 | +83.8% |
| Cash at bank and in hand | 54/58 | €75,151 | €88,326 | +€13,175 | +17.5% |
| Deferred charges and accrued income | 490/1 | €12,491 | €18,259 | +€5,769 | +46.2% |
| Total equity and liabilities | 10/49 | €364,304 | €442,119 | +€77,814 | +21.4% |
| Equity | 10/15 | €119,203 | €244,400 | +€125,197 | +105% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €114,203 | €239,400 | +€125,197 | +110% |
| Distributable reserves | 133 | €114,203 | €239,400 | +€125,197 | +110% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €245,101 | €197,719 | -€47,382 | -19.3% |
| Amounts payable after more than one year | 17 | €95,429 | €90,285 | -€5,144 | -5.4% |
| Financial debts | 170/4 | €95,429 | €90,285 | -€5,144 | -5.4% |
| Amounts payable within one year | 42/48 | €147,714 | €105,042 | -€42,672 | -28.9% |
| Current portion of amounts payable after more than one year | 42 | €24,771 | €5,144 | -€19,627 | -79.2% |
| Trade debts | 44 | €59,066 | €26,525 | -€32,541 | -55.1% |
| Suppliers | 440/4 | €59,066 | €26,525 | -€32,541 | -55.1% |
| Taxes, remuneration and social security | 45 | €20,587 | €51,059 | +€30,472 | +148% |
| Taxes | 450/3 | €16,016 | €44,324 | +€28,308 | +177% |
| Remuneration and social security | 454/9 | €4,571 | €6,734 | +€2,164 | +47.3% |
| Other amounts payable | 47/48 | €43,291 | €22,314 | -€20,976 | -48.5% |
| Accrued charges and deferred income | 492/3 | €1,958 | €2,392 | +€434 | +22.1% |
| Remuneration, social security and pensions | 62 | €216,006 | €141,924 | -€74,082 | -34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,181 | €50,311 | +€4,130 | +8.9% |
| Other operating charges | 640/8 | €2,555 | €2,742 | +€188 | +7.3% |
| Gross operating margin | 9900 | €418,516 | €364,307 | -€54,208 | -13.0% |
| Operating profit (loss) | 9901 | €153,774 | €169,331 | +€15,557 | +10.1% |
| Financial income | 75/76B | €0 | €604 | +€604 | +2,013,067% |
| Recurring financial income | 75 | €0 | €604 | +€604 | +2,013,067% |
| Financial charges | 65/66B | €10,852 | €6,730 | -€4,122 | -38.0% |
| Recurring financial charges | 65 | €10,852 | €6,730 | -€4,122 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | €142,923 | €163,205 | +€20,283 | +14.2% |
| Income taxes | 67/77 | €33,016 | €38,009 | +€4,993 | +15.1% |
| Profit (loss) for the period | 9904 | €109,907 | €125,197 | +€15,290 | +13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €109,907 | €125,197 | +€15,290 | +13.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.