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DK CREATION: 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.

What changed

DK CREATION

BE 0805.933.903
NACE 43.320, Joinery installation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€11,345
2024 · €17,013-€28,359
Equity
€17,400
2024 · €28,745-€11,345
Cash
€5,547
2024 · €30,278-€24,732
Balance sheet total
€45,411
2024 · €66,679-€21,267

Largest movements

2024 to 2025
Assets
  • Cash -€24,732

    down €24,732 (-81.7%), from €30,278 to €5,547

    mainly Receivables within one year (-€13,151) and Net result for the year (-€11,345)

  • Receivables within one year +€13,151

    up €13,151 (+180.5%), from €7,287 to €20,437

    of which Trade receivables: +€16,156

  • Tangible fixed assets -€9,328

    down €9,328 (-33.0%), from €28,276 to €18,948

    of which Leasing and similar rights: -€5,850

Equity and liabilities
  • Reserves -€11,500

    down €11,500 (-48.9%), from €23,500 to €12,000

  • Debts after one year -€5,882

    down €5,882 (-33.9%), from €17,373 to €11,492

  • Tax, wage and social debts -€3,110

    down €3,110 (-42.7%), from €7,290 to €4,179

    of which Taxes: -€3,560

  • Other debts -€3,000

    down €3,000 (-100.0%), from €3,000 to €0

  • Trade debts +€1,812

    up €1,812 (+39.0%), from €4,647 to €6,459

Income statement
  • Gross operating margin -€33,048

    down €33,048, from €32,841 to -€206

  • Taxes -€4,610

    down €4,610 (-100.0%), from €4,610 to €0

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €17,013
Gross operating margin -€33,048
Depreciation -€71
Other operating charges -€5
Financial charges +€155
Taxes +€4,610
Result 2025 -€11,345

Cash bridge derived

cash 2024 to 2025

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.

From operations -€19,398
Investment +€290
Financing -€5,624
Cash 2024 €30,278
Net result for the year -€11,345
Depreciation +€9,328
Receivables within one year -€13,151
Deferred charges and accrued income +€67
Trade debts +€1,812
Tax, wage and social debts -€3,110
Other debts -€3,000
Investment in fixed assets (net) +€290
Debts after one year -€5,882
Current portion of long-term debt +€258
Cash 2025 €5,547
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €66,679 €45,411 -€21,267 -31.9%
Fixed assets 21/28 €28,566 €18,948 -€9,619 -33.7%
Tangible fixed assets 22/27 €28,276 €18,948 -€9,328 -33.0%
Plant, machinery and equipment 23 €5,244 €2,244 -€3,000 -57.2%
Furniture and vehicles 24 €1,028 €549 -€479 -46.6%
Leasing and similar rights 25 €22,004 €16,154 -€5,850 -26.6%
Financial fixed assets 28 €290 €0 -€290 -100.0%
Current assets 29/58 €38,112 €26,464 -€11,649 -30.6%
Amounts receivable within one year 40/41 €7,287 €20,437 +€13,151 +180.5%
Trade receivables 40 €2,920 €19,076 +€16,156 +553.3%
Other amounts receivable 41 €4,367 €1,361 -€3,006 -68.8%
Cash at bank and in hand 54/58 €30,278 €5,547 -€24,732 -81.7%
Deferred charges and accrued income 490/1 €548 €480 -€67 -12.3%
Total equity and liabilities 10/49 €66,679 €45,411 -€21,267 -31.9%
Equity 10/15 €28,745 €17,400 -€11,345 -39.5%
Contributions 10/11 €5,000 €5,000 = 0.0%
Reserves 13 €23,500 €12,000 -€11,500 -48.9%
Distributable reserves 133 €23,500 €12,000 -€11,500 -48.9%
Profit (loss) carried forward 14 €245 €400 +€155 +63.0%
Amounts payable 17/49 €37,933 €28,012 -€9,922 -26.2%
Amounts payable after more than one year 17 €17,373 €11,492 -€5,882 -33.9%
Financial debts 170/4 €17,373 €11,492 -€5,882 -33.9%
Amounts payable within one year 42/48 €20,560 €16,520 -€4,040 -19.7%
Current portion of amounts payable after more than one year 42 €5,624 €5,882 +€258 +4.6%
Trade debts 44 €4,647 €6,459 +€1,812 +39.0%
Suppliers 440/4 €4,647 €6,459 +€1,812 +39.0%
Taxes, remuneration and social security 45 €7,290 €4,179 -€3,110 -42.7%
Taxes 450/3 €5,660 €2,100 -€3,560 -62.9%
Remuneration and social security 454/9 €1,629 €2,079 +€450 +27.6%
Other amounts payable 47/48 €3,000 €0 -€3,000 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €9,258 €9,328 +€71 +0.8%
Other operating charges 640/8 €685 €690 +€5 +0.7%
Gross operating margin 9900 €32,841 -€206 -€33,048
Operating profit (loss) 9901 €22,899 -€10,225 -€33,124
Financial charges 65/66B €1,275 €1,121 -€155 -12.1%
Recurring financial charges 65 €1,275 €1,121 -€155 -12.1%
Profit (loss) for the period before taxes 9903 €21,624 -€11,345 -€32,969
Income taxes 67/77 €4,610 €0 -€4,610 -100.0%
Profit (loss) for the period 9904 €17,013 -€11,345 -€28,359
Profit (loss) for the period to be appropriated 9905 €17,013 -€11,345 -€28,359

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.