DK RENOVATIONS: 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.
DK RENOVATIONS
Largest movements
- Receivables within one year -€97,554
down €97,554 (-64.2%), from €151,878 to €54,324
of which Trade receivables: -€140,145
- Cash -€55,369
down €55,369 (-49.0%), from €112,909 to €57,540
mainly Trade debts (-€110,588) and Investment in fixed assets (net) (-€59,989)
- Tangible fixed assets +€48,397
up €48,397 (+270%), from €17,901 to €66,298
of which Furniture and vehicles: +€49,742
- Trade debts -€110,588
down €110,588 (-99.5%), from €111,110 to €522
- Profit (loss) carried forward +€24,389
up €24,389 (+25.4%), from €96,095 to €120,484
- Advances received -€17,922
no longer reported in 2025 (was €17,922)
- Debts after one year +€14,510
up €14,510 (+167%), from €8,706 to €23,217
- Other debts -€9,802
no longer reported in 2025 (was €9,802)
- Gross operating margin -€10,680
down €10,680 (-20.0%), from €53,446 to €42,766
- Depreciation +€6,743
up €6,743 (+139%), from €4,849 to €11,592
- Financial income +€3,691
up €3,691 (+28,087%), from €13 to €3,704
of which Non-recurring financial income: +€3,455
- Taxes -€1,334
down €1,334 (-13.9%), from €9,585 to €8,251
- Other operating charges +€890
up €890 (+245%), from €363 to €1,253
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 | €282,687 | €179,192 | -€103,495 | -36.6% |
| Fixed assets | 21/28 | €17,901 | €66,298 | +€48,397 | +270% |
| Tangible fixed assets | 22/27 | €17,901 | €66,298 | +€48,397 | +270% |
| Plant, machinery and equipment | 23 | €3,327 | €1,982 | -€1,345 | -40.4% |
| Furniture and vehicles | 24 | €14,574 | €64,316 | +€49,742 | +341% |
| Current assets | 29/58 | €264,786 | €112,894 | -€151,892 | -57.4% |
| Amounts receivable within one year | 40/41 | €151,878 | €54,324 | -€97,554 | -64.2% |
| Trade receivables | 40 | €148,348 | €8,203 | -€140,145 | -94.5% |
| Other amounts receivable | 41 | €3,530 | €46,121 | +€42,591 | +1,207% |
| Cash at bank and in hand | 54/58 | €112,909 | €57,540 | -€55,369 | -49.0% |
| Deferred charges and accrued income | 490/1 | - | €1,030 | +€1,030 | |
| Total equity and liabilities | 10/49 | €282,687 | €179,192 | -€103,495 | -36.6% |
| Equity | 10/15 | €97,595 | €121,984 | +€24,389 | +25.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,095 | €120,484 | +€24,389 | +25.4% |
| Amounts payable | 17/49 | €185,092 | €57,208 | -€127,884 | -69.1% |
| Amounts payable after more than one year | 17 | €8,706 | €23,217 | +€14,510 | +167% |
| Financial debts | 170/4 | €8,706 | €23,217 | +€14,510 | +167% |
| Amounts payable within one year | 42/48 | €176,386 | €33,991 | -€142,395 | -80.7% |
| Current portion of amounts payable after more than one year | 42 | €4,660 | €9,981 | +€5,321 | +114% |
| Trade debts | 44 | €111,110 | €522 | -€110,588 | -99.5% |
| Suppliers | 440/4 | €111,110 | €522 | -€110,588 | -99.5% |
| Advances received on contracts in progress | 46 | €17,922 | - | -€17,922 | |
| Taxes, remuneration and social security | 45 | €32,891 | €23,487 | -€9,403 | -28.6% |
| Taxes | 450/3 | €25,976 | €23,487 | -€2,489 | -9.6% |
| Remuneration and social security | 454/9 | €6,914 | - | -€6,914 | |
| Other amounts payable | 47/48 | €9,802 | - | -€9,802 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,849 | €11,592 | +€6,743 | +139% |
| Other operating charges | 640/8 | €363 | €1,253 | +€890 | +245% |
| Gross operating margin | 9900 | €53,446 | €42,766 | -€10,680 | -20.0% |
| Operating profit (loss) | 9901 | €48,234 | €29,921 | -€18,313 | -38.0% |
| Financial income | 75/76B | €13 | €3,704 | +€3,691 | +28,087% |
| Recurring financial income | 75 | €13 | €249 | +€236 | +1,793% |
| Non-recurring financial income | 76B | - | €3,455 | +€3,455 | |
| Financial charges | 65/66B | €849 | €1,302 | +€453 | +53.3% |
| Recurring financial charges | 65 | €849 | €1,302 | +€453 | +53.3% |
| Profit (loss) for the period before taxes | 9903 | €47,398 | €32,323 | -€15,075 | -31.8% |
| Income taxes | 67/77 | €9,585 | €8,251 | -€1,334 | -13.9% |
| Profit (loss) for the period | 9904 | €37,813 | €24,071 | -€13,742 | -36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €37,813 | €24,071 | -€13,742 | -36.3% |
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 21 October 2026 via checked.be.