DAKWERKEN STEPHANE: 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 STEPHANE
Largest movements
- Cash -€24,647
down €24,647 (-42.7%), from €57,780 to €33,133
mainly Tax, wage and social debts (-€23,956) and Current portion of long-term debt (-€10,016)
- Tangible fixed assets -€8,706
down €8,706 (-22.5%), from €38,646 to €29,940
of which Leasing and similar rights: -€32,794
- Deferred charges and accrued income +€3,698
up €3,698 (+65.8%), from €5,620 to €9,318
- Receivables within one year +€3,138
up €3,138 (+13.1%), from €23,917 to €27,056
of which Trade receivables: +€4,481
- Stocks and contracts -€2,974
down €2,974 (-54.3%), from €5,474 to €2,500
of which Contracts in progress: -€3,000
- Tax, wage and social debts -€23,956
down €23,956 (-53.3%), from €44,961 to €21,005
of which Taxes: -€20,219
- Current portion of long-term debt -€10,016
down €10,016 (-100%), from €10,016 to €0
- Reserves +€4,205
up €4,205 (+44.2%), from €9,513 to €13,718
of which Distributable reserves: +€4,205
- Gross operating margin +€24,775
up €24,775 (+32.4%), from €76,442 to €101,217
- Staff costs +€11,563
up €11,563 (+19.9%), from €57,977 to €69,540
- Financial charges +€3,502
up €3,502 (+71.0%), from €4,932 to €8,434
- Other operating charges +€2,643
up €2,643 (+126%), from €2,102 to €4,746
- Taxes +€2,291
up €2,291 (+283%), from €810 to €3,100
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 | €131,937 | €102,447 | -€29,490 | -22.4% |
| Fixed assets | 21/28 | €39,146 | €30,440 | -€8,706 | -22.2% |
| Tangible fixed assets | 22/27 | €38,646 | €29,940 | -€8,706 | -22.5% |
| Plant, machinery and equipment | 23 | €3,437 | €28,590 | +€25,152 | +732% |
| Furniture and vehicles | 24 | €2,415 | €1,351 | -€1,064 | -44.1% |
| Leasing and similar rights | 25 | €32,794 | €0 | -€32,794 | -100% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €92,791 | €72,007 | -€20,784 | -22.4% |
| Stocks and contracts in progress | 3 | €5,474 | €2,500 | -€2,974 | -54.3% |
| Stocks | 30/36 | €2,474 | €2,500 | +€27 | +1.1% |
| Contracts in progress | 37 | €3,000 | €0 | -€3,000 | -100% |
| Amounts receivable within one year | 40/41 | €23,917 | €27,056 | +€3,138 | +13.1% |
| Trade receivables | 40 | €6,620 | €11,101 | +€4,481 | +67.7% |
| Other amounts receivable | 41 | €17,297 | €15,955 | -€1,342 | -7.8% |
| Cash at bank and in hand | 54/58 | €57,780 | €33,133 | -€24,647 | -42.7% |
| Deferred charges and accrued income | 490/1 | €5,620 | €9,318 | +€3,698 | +65.8% |
| Total equity and liabilities | 10/49 | €131,937 | €102,447 | -€29,490 | -22.4% |
| Equity | 10/15 | €29,721 | €33,926 | +€4,205 | +14.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €9,513 | €13,718 | +€4,205 | +44.2% |
| Non-distributable reserves | 130/1 | €1,850 | €1,850 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,850 | €1,850 | = | 0.0% |
| Distributable reserves | 133 | €7,663 | €11,868 | +€4,205 | +54.9% |
| Profit (loss) carried forward | 14 | €207 | €207 | +€0 | 0.0% |
| Amounts payable | 17/49 | €102,216 | €68,521 | -€33,695 | -33.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €102,216 | €68,521 | -€33,695 | -33.0% |
| Current portion of amounts payable after more than one year | 42 | €10,016 | €0 | -€10,016 | -100% |
| Trade debts | 44 | €47,240 | €47,516 | +€276 | +0.6% |
| Suppliers | 440/4 | €47,240 | €47,516 | +€276 | +0.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €44,961 | €21,005 | -€23,956 | -53.3% |
| Taxes | 450/3 | €31,107 | €10,887 | -€20,219 | -65.0% |
| Remuneration and social security | 454/9 | €13,854 | €10,118 | -€3,736 | -27.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €57,977 | €69,540 | +€11,563 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,082 | €11,892 | +€810 | +7.3% |
| Other operating charges | 640/8 | €2,102 | €4,746 | +€2,643 | +126% |
| Gross operating margin | 9900 | €76,442 | €101,217 | +€24,775 | +32.4% |
| Operating profit (loss) | 9901 | €5,281 | €15,040 | +€9,759 | +185% |
| Financial income | 75/76B | €668 | €700 | +€31 | +4.7% |
| Recurring financial income | 75 | €668 | €700 | +€31 | +4.7% |
| Financial charges | 65/66B | €4,932 | €8,434 | +€3,502 | +71.0% |
| Recurring financial charges | 65 | €4,932 | €8,434 | +€3,502 | +71.0% |
| Profit (loss) for the period before taxes | 9903 | €1,017 | €7,305 | +€6,289 | +618% |
| Income taxes | 67/77 | €810 | €3,100 | +€2,291 | +283% |
| Profit (loss) for the period | 9904 | €207 | €4,205 | +€3,998 | +1,929% |
| Profit (loss) for the period to be appropriated | 9905 | €207 | €4,205 | +€3,998 | +1,929% |
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 26 October 2026 via checked.be.