DM WERKEN: 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.
DM WERKEN
Largest movements
- Tangible fixed assets -€56,938
down €56,938 (-21.9%), from €259,732 to €202,794
of which Plant, machinery and equipment: -€32,587
- Receivables within one year +€13,154
up €13,154 (+32.2%), from €40,838 to €53,991
of which Trade receivables: +€15,288
- Cash +€10,281
up €10,281 (+23.7%), from €43,314 to €53,595
mainly Depreciation (+€61,268) and Net result for the year (+€60,830)
- Deferred charges and accrued income -€4,147
down €4,147 (-50.3%), from €8,243 to €4,096
- Other debts +€54,806
up €54,806 (+121%), from €45,409 to €100,215
- Reserves -€49,893
down €49,893 (-53.9%), from €92,567 to €42,674
- Debts after one year -€40,368
down €40,368 (-27.6%), from €145,997 to €105,629
- Trade debts -€5,594
down €5,594 (-91.5%), from €6,114 to €520
- Gross operating margin +€28,180
up €28,180 (+23.1%), from €121,784 to €149,964
- Depreciation +€11,772
up €11,772 (+23.8%), from €49,497 to €61,268
- Taxes +€4,190
up €4,190 (+35.5%), from €11,805 to €15,995
- Financial charges +€1,578
up €1,578 (+19.5%), from €8,086 to €9,664
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 | €353,655 | €314,476 | -€39,179 | -11.1% |
| Fixed assets | 21/28 | €259,732 | €202,794 | -€56,938 | -21.9% |
| Tangible fixed assets | 22/27 | €259,732 | €202,794 | -€56,938 | -21.9% |
| Plant, machinery and equipment | 23 | €118,673 | €86,085 | -€32,587 | -27.5% |
| Furniture and vehicles | 24 | €141,059 | €116,708 | -€24,351 | -17.3% |
| Current assets | 29/58 | €93,923 | €111,682 | +€17,759 | +18.9% |
| Stocks and contracts in progress | 3 | €1,528 | €0 | -€1,528 | -100% |
| Stocks | 30/36 | €1,528 | €0 | -€1,528 | -100% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €40,838 | €53,991 | +€13,154 | +32.2% |
| Trade receivables | 40 | €38,704 | €53,991 | +€15,288 | +39.5% |
| Other amounts receivable | 41 | €2,134 | €0 | -€2,134 | -100% |
| Cash at bank and in hand | 54/58 | €43,314 | €53,595 | +€10,281 | +23.7% |
| Deferred charges and accrued income | 490/1 | €8,243 | €4,096 | -€4,147 | -50.3% |
| Total equity and liabilities | 10/49 | €353,655 | €314,476 | -€39,179 | -11.1% |
| Equity | 10/15 | €112,567 | €62,674 | -€49,893 | -44.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €92,567 | €42,674 | -€49,893 | -53.9% |
| Distributable reserves | 133 | €92,567 | €42,674 | -€49,893 | -53.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €241,088 | €251,802 | +€10,714 | +4.4% |
| Amounts payable after more than one year | 17 | €145,997 | €105,629 | -€40,368 | -27.6% |
| Financial debts | 170/4 | €145,997 | €105,629 | -€40,368 | -27.6% |
| Amounts payable within one year | 42/48 | €91,922 | €141,802 | +€49,880 | +54.3% |
| Current portion of amounts payable after more than one year | 42 | €38,931 | €40,368 | +€1,437 | +3.7% |
| Trade debts | 44 | €6,114 | €520 | -€5,594 | -91.5% |
| Suppliers | 440/4 | €6,114 | €520 | -€5,594 | -91.5% |
| Taxes, remuneration and social security | 45 | €1,468 | €699 | -€769 | -52.4% |
| Taxes | 450/3 | €1,468 | €699 | -€769 | -52.4% |
| Other amounts payable | 47/48 | €45,409 | €100,215 | +€54,806 | +121% |
| Accrued charges and deferred income | 492/3 | €3,169 | €4,371 | +€1,203 | +37.9% |
| Non-recurring operating income | 76A | €25,500 | €0 | -€25,500 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,497 | €61,268 | +€11,772 | +23.8% |
| Other operating charges | 640/8 | €2,506 | €2,873 | +€366 | +14.6% |
| Gross operating margin | 9900 | €121,784 | €149,964 | +€28,180 | +23.1% |
| Operating profit (loss) | 9901 | €69,781 | €85,824 | +€16,043 | +23.0% |
| Financial income | 75/76B | €3 | €665 | +€663 | +24,544% |
| Recurring financial income | 75 | €3 | €665 | +€663 | +24,544% |
| Financial charges | 65/66B | €8,086 | €9,664 | +€1,578 | +19.5% |
| Recurring financial charges | 65 | €8,086 | €9,664 | +€1,578 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | €61,698 | €76,825 | +€15,127 | +24.5% |
| Income taxes | 67/77 | €11,805 | €15,995 | +€4,190 | +35.5% |
| Profit (loss) for the period | 9904 | €49,893 | €60,830 | +€10,937 | +21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €49,893 | €60,830 | +€10,937 | +21.9% |
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 30 October 2026 via checked.be.