DKF RENOVATION: 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.
DKF RENOVATION
Largest movements
- Cash +€117,967
up €117,967 (+27.9%), from €422,840 to €540,807
mainly Net result for the year (+€155,759) and Other debts (+€109,363)
- Receivables within one year +€80,056
up €80,056 (+661%), from €12,108 to €92,164
of which Trade receivables: +€73,666
- Tangible fixed assets -€29,493
down €29,493 (-62.6%), from €47,120 to €17,627
of which Furniture and vehicles: -€27,391
- Other debts +€109,363
up €109,363 (+1,335%), from €8,194 to €117,557
- Trade debts +€42,504
up €42,504 (+64.7%), from €65,712 to €108,217
- Reserves +€42,000
up €42,000 (+6.5%), from €649,360 to €691,360
of which Distributable reserves: +€42,000
- Tax, wage and social debts -€22,578
down €22,578 (-38.2%), from €59,143 to €36,565
of which Taxes: -€25,239
- Gross operating margin -€24,357
down €24,357 (-8.1%), from €301,929 to €277,571
- Depreciation -€10,652
down €10,652 (-55.5%), from €19,198 to €8,547
- Taxes -€6,424
down €6,424 (-8.1%), from €78,909 to €72,485
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 | €818,310 | €989,203 | +€170,893 | +20.9% |
| Fixed assets | 21/28 | €47,550 | €18,057 | -€29,493 | -62.0% |
| Tangible fixed assets | 22/27 | €47,120 | €17,627 | -€29,493 | -62.6% |
| Plant, machinery and equipment | 23 | €4,330 | €2,228 | -€2,102 | -48.5% |
| Furniture and vehicles | 24 | €42,790 | €15,398 | -€27,391 | -64.0% |
| Financial fixed assets | 28 | €430 | €430 | = | 0.0% |
| Current assets | 29/58 | €770,760 | €971,146 | +€200,386 | +26.0% |
| Amounts receivable within one year | 40/41 | €12,108 | €92,164 | +€80,056 | +661% |
| Trade receivables | 40 | €11,018 | €84,684 | +€73,666 | +669% |
| Other amounts receivable | 41 | €1,090 | €7,480 | +€6,390 | +586% |
| Current investments | 50/53 | €332,870 | €332,870 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €422,840 | €540,807 | +€117,967 | +27.9% |
| Deferred charges and accrued income | 490/1 | €2,943 | €5,306 | +€2,363 | +80.3% |
| Total equity and liabilities | 10/49 | €818,310 | €989,203 | +€170,893 | +20.9% |
| Equity | 10/15 | €669,731 | €711,782 | +€42,051 | +6.3% |
| Contributions | 10/11 | €13,500 | €13,500 | = | 0.0% |
| Reserves | 13 | €649,360 | €691,360 | +€42,000 | +6.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €647,500 | €689,500 | +€42,000 | +6.5% |
| Profit (loss) carried forward | 14 | €6,871 | €6,922 | +€51 | +0.7% |
| Amounts payable | 17/49 | €148,578 | €277,421 | +€128,842 | +86.7% |
| Amounts payable within one year | 42/48 | €148,578 | €272,621 | +€124,042 | +83.5% |
| Financial debts | 43 | €15,529 | €10,282 | -€5,246 | -33.8% |
| Other loans | 439 | €15,529 | €10,282 | -€5,246 | -33.8% |
| Trade debts | 44 | €65,712 | €108,217 | +€42,504 | +64.7% |
| Suppliers | 440/4 | €65,712 | €108,217 | +€42,504 | +64.7% |
| Taxes, remuneration and social security | 45 | €59,143 | €36,565 | -€22,578 | -38.2% |
| Taxes | 450/3 | €46,239 | €21,000 | -€25,239 | -54.6% |
| Remuneration and social security | 454/9 | €12,904 | €15,565 | +€2,661 | +20.6% |
| Other amounts payable | 47/48 | €8,194 | €117,557 | +€109,363 | +1,335% |
| Accrued charges and deferred income | 492/3 | - | €4,800 | +€4,800 | |
| Remuneration, social security and pensions | 62 | €33,153 | €35,243 | +€2,091 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,198 | €8,547 | -€10,652 | -55.5% |
| Other operating charges | 640/8 | €2,079 | €3,678 | +€1,599 | +76.9% |
| Gross operating margin | 9900 | €301,929 | €277,571 | -€24,357 | -8.1% |
| Operating profit (loss) | 9901 | €247,499 | €230,103 | -€17,396 | -7.0% |
| Financial income | 75/76B | €725 | €31 | -€694 | -95.8% |
| Recurring financial income | 75 | €725 | €31 | -€694 | -95.8% |
| Financial charges | 65/66B | €2,160 | €1,890 | -€271 | -12.5% |
| Recurring financial charges | 65 | €2,160 | €1,890 | -€271 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €246,063 | €228,244 | -€17,819 | -7.2% |
| Income taxes | 67/77 | €78,909 | €72,485 | -€6,424 | -8.1% |
| Profit (loss) for the period | 9904 | €167,154 | €155,759 | -€11,395 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €167,154 | €155,759 | -€11,395 | -6.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.