DAKWIVO: 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.
DAKWIVO
Largest movements
- Cash +€411,841
up €411,841 (+59.1%), from €696,651 to €1.1m
mainly Net result for the year (+€269,298) and Debts after one year (+€236,667)
- Stocks and contracts +€165,800
up €165,800 (+22.3%), from €743,020 to €908,820
- Tangible fixed assets +€107,612
up €107,612 (+12.3%), from €876,405 to €984,017
of which Leasing and similar rights: +€334,160
- Receivables within one year -€78,192
down €78,192 (-14.5%), from €538,251 to €460,059
of which Trade receivables: -€77,997
- Reserves +€269,298
up €269,298 (+19.9%), from €1.4m to €1.6m
of which Distributable reserves: +€269,298
- Debts after one year +€236,667
up €236,667 (+50.8%), from €465,795 to €702,462
- Trade debts +€39,776
up €39,776 (+11.5%), from €345,189 to €384,964
- Purchases and services -€117,811
down €117,811 (-6.5%), from €1.8m to €1.7m
- Gross operating margin +€50,180
up €50,180 (+8.0%), from €628,259 to €678,439
- Staff costs -€21,126
down €21,126 (-15.2%), from €139,074 to €117,948
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 | €2,864,762 | €3,480,429 | +€615,667 | +21.5% |
| Fixed assets | 21/28 | €876,405 | €984,017 | +€107,612 | +12.3% |
| Tangible fixed assets | 22/27 | €876,405 | €984,017 | +€107,612 | +12.3% |
| Land and buildings | 22 | €245,131 | €9,050 | -€236,081 | -96.3% |
| Plant, machinery and equipment | 23 | €47,815 | €106,057 | +€58,243 | +122% |
| Furniture and vehicles | 24 | €42,651 | €28,772 | -€13,879 | -32.5% |
| Leasing and similar rights | 25 | €122,848 | €457,008 | +€334,160 | +272% |
| Other tangible fixed assets | 26 | €417,960 | €383,130 | -€34,830 | -8.3% |
| Current assets | 29/58 | €1,988,357 | €2,496,412 | +€508,055 | +25.6% |
| Stocks and contracts in progress | 3 | €743,020 | €908,820 | +€165,800 | +22.3% |
| Stocks | 30/36 | €743,020 | €908,820 | +€165,800 | +22.3% |
| Amounts receivable within one year | 40/41 | €538,251 | €460,059 | -€78,192 | -14.5% |
| Trade receivables | 40 | €538,057 | €460,059 | -€77,997 | -14.5% |
| Other amounts receivable | 41 | €194 | - | -€194 | |
| Cash at bank and in hand | 54/58 | €696,651 | €1,108,492 | +€411,841 | +59.1% |
| Deferred charges and accrued income | 490/1 | €10,435 | €19,041 | +€8,606 | +82.5% |
| Total equity and liabilities | 10/49 | €2,864,762 | €3,480,429 | +€615,667 | +21.5% |
| Equity | 10/15 | €1,372,245 | €1,641,543 | +€269,298 | +19.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,353,645 | €1,622,943 | +€269,298 | +19.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,351,785 | €1,621,083 | +€269,298 | +19.9% |
| Amounts payable | 17/49 | €1,492,516 | €1,838,886 | +€346,369 | +23.2% |
| Amounts payable after more than one year | 17 | €465,795 | €702,462 | +€236,667 | +50.8% |
| Financial debts | 170/4 | €465,795 | €702,462 | +€236,667 | +50.8% |
| Amounts payable within one year | 42/48 | €1,026,722 | €1,136,424 | +€109,702 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €141,351 | €165,180 | +€23,829 | +16.9% |
| Financial debts | 43 | - | €19,541 | +€19,541 | |
| Credit institutions | 430/8 | - | €19,541 | +€19,541 | |
| Trade debts | 44 | €345,189 | €384,964 | +€39,776 | +11.5% |
| Suppliers | 440/4 | €345,189 | €384,964 | +€39,776 | +11.5% |
| Taxes, remuneration and social security | 45 | €299,985 | €331,441 | +€31,456 | +10.5% |
| Taxes | 450/3 | €282,464 | €311,030 | +€28,566 | +10.1% |
| Remuneration and social security | 454/9 | €17,521 | €20,411 | +€2,890 | +16.5% |
| Other amounts payable | 47/48 | €240,197 | €235,297 | -€4,900 | -2.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,820,145 | €1,702,334 | -€117,811 | -6.5% |
| Remuneration, social security and pensions | 62 | €139,074 | €117,948 | -€21,126 | -15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €148,721 | €144,322 | -€4,400 | -3.0% |
| Other operating charges | 640/8 | €14,001 | €19,237 | +€5,236 | +37.4% |
| Gross operating margin | 9900 | €628,259 | €678,439 | +€50,180 | +8.0% |
| Operating profit (loss) | 9901 | €326,462 | €396,933 | +€70,470 | +21.6% |
| Financial income | 75/76B | €2 | €2,113 | +€2,111 | +99,583% |
| Recurring financial income | 75 | €2 | €2,113 | +€2,111 | +99,583% |
| Financial charges | 65/66B | €22,022 | €23,195 | +€1,174 | +5.3% |
| Recurring financial charges | 65 | €22,022 | €23,195 | +€1,174 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €304,443 | €375,851 | +€71,408 | +23.5% |
| Income taxes | 67/77 | €105,317 | €106,553 | +€1,235 | +1.2% |
| Profit (loss) for the period | 9904 | €199,125 | €269,298 | +€70,173 | +35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €199,125 | €269,298 | +€70,173 | +35.2% |
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 31 October 2026 via checked.be.