DEN IJZERWERKER: 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.
DEN IJZERWERKER
Largest movements
- Cash +€26,349
up €26,349 (+1,731%), from €1,523 to €27,871
mainly Debts after one year (+€23,526) and Depreciation (+€12,878)
- Tangible fixed assets -€1,881
down €1,881 (-4.9%), from €38,378 to €36,497
of which Plant, machinery and equipment: -€6,042
- Receivables within one year +€1,191
up €1,191 (+4.8%), from €24,840 to €26,032
of which Trade receivables: +€9,045
- Debts after one year +€23,526
new in 2025: €23,526
- Current portion of long-term debt +€5,568
new in 2025: €5,568
- Accrued charges and deferred income -€3,905
down €3,905 (-100%), from €3,905 to €0
- Profit (loss) carried forward -€2,673
down €2,673 (-34.2%), from -€7,810 to -€10,483
- Other debts +€2,079
up €2,079 (+4.1%), from €50,186 to €52,264
- Gross operating margin +€7,528
up €7,528 (+138%), from €5,467 to €12,995
- Depreciation +€1,998
up €1,998 (+18.4%), from €10,880 to €12,878
- Financial charges +€362
up €362 (+22.1%), from €1,641 to €2,003
- Staff costs -€205
down €205 (-100%), from €205 to €0
- Other operating charges +€188
up €188 (+34.2%), from €551 to €739
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 | €65,301 | €90,700 | +€25,399 | +38.9% |
| Fixed assets | 21/28 | €38,378 | €36,497 | -€1,881 | -4.9% |
| Tangible fixed assets | 22/27 | €38,378 | €36,497 | -€1,881 | -4.9% |
| Plant, machinery and equipment | 23 | €12,247 | €6,205 | -€6,042 | -49.3% |
| Furniture and vehicles | 24 | €24,181 | €29,666 | +€5,486 | +22.7% |
| Other tangible fixed assets | 26 | €1,950 | €625 | -€1,325 | -67.9% |
| Current assets | 29/58 | €26,923 | €54,202 | +€27,280 | +101% |
| Amounts receivable within one year | 40/41 | €24,840 | €26,032 | +€1,191 | +4.8% |
| Trade receivables | 40 | €14,960 | €24,005 | +€9,045 | +60.5% |
| Other amounts receivable | 41 | €9,881 | €2,027 | -€7,854 | -79.5% |
| Cash at bank and in hand | 54/58 | €1,523 | €27,871 | +€26,349 | +1,731% |
| Deferred charges and accrued income | 490/1 | €560 | €299 | -€260 | -46.5% |
| Total equity and liabilities | 10/49 | €65,301 | €90,700 | +€25,399 | +38.9% |
| Equity | 10/15 | €10,471 | €7,798 | -€2,673 | -25.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €13,281 | €13,281 | = | 0.0% |
| Distributable reserves | 133 | €13,281 | €13,281 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,810 | -€10,483 | -€2,673 | -34.2% |
| Amounts payable | 17/49 | €54,829 | €82,902 | +€28,072 | +51.2% |
| Amounts payable after more than one year | 17 | - | €23,526 | +€23,526 | |
| Financial debts | 170/4 | - | €23,526 | +€23,526 | |
| Amounts payable within one year | 42/48 | €50,925 | €59,376 | +€8,451 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | - | €5,568 | +€5,568 | |
| Trade debts | 44 | €300 | €1,213 | +€913 | +305% |
| Suppliers | 440/4 | €300 | €1,213 | +€913 | +305% |
| Taxes, remuneration and social security | 45 | €440 | €331 | -€109 | -24.8% |
| Taxes | 450/3 | €440 | €331 | -€109 | -24.8% |
| Other amounts payable | 47/48 | €50,186 | €52,264 | +€2,079 | +4.1% |
| Accrued charges and deferred income | 492/3 | €3,905 | €0 | -€3,905 | -100% |
| Remuneration, social security and pensions | 62 | €205 | €0 | -€205 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,880 | €12,878 | +€1,998 | +18.4% |
| Other operating charges | 640/8 | €551 | €739 | +€188 | +34.2% |
| Gross operating margin | 9900 | €5,467 | €12,995 | +€7,528 | +138% |
| Operating profit (loss) | 9901 | -€6,169 | -€622 | +€5,547 | +89.9% |
| Financial charges | 65/66B | €1,641 | €2,003 | +€362 | +22.1% |
| Recurring financial charges | 65 | €1,641 | €2,003 | +€362 | +22.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,810 | -€2,625 | +€5,185 | +66.4% |
| Income taxes | 67/77 | €0 | €49 | +€49 | |
| Profit (loss) for the period | 9904 | -€7,810 | -€2,673 | +€5,136 | +65.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,810 | -€2,673 | +€5,136 | +65.8% |
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 19 October 2026 via checked.be.