EP Dakwerken: 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.
EP Dakwerken
Largest movements
- Tangible fixed assets +€59,693
up €59,693 (+627%), from €9,514 to €69,207
of which Leasing and similar rights: +€54,076
- Receivables within one year +€24,481
up €24,481 (+96.2%), from €25,455 to €49,936
of which Other amounts receivable: +€25,285
- Cash +€5,852
up €5,852 (+41.4%), from €14,130 to €19,982
mainly Debts after one year (+€40,784) and Trade debts (+€29,065)
- Deferred charges and accrued income +€5,007
new in 2025: €5,007
- Stocks and contracts +€2,117
new in 2025: €2,117
- Debts after one year +€40,784
up €40,784 (+1,829%), from €2,230 to €43,013
- Trade debts +€29,065
up €29,065 (+522%), from €5,572 to €34,637
- Reserves +€17,876
up €17,876 (+76.7%), from €23,321 to €41,197
- Current portion of long-term debt +€8,219
up €8,219 (+168%), from €4,893 to €13,112
- Tax, wage and social debts +€2,796
up €2,796 (+43.1%), from €6,494 to €9,290
- Depreciation +€5,373
up €5,373 (+362%), from €1,486 to €6,859
- Gross operating margin +€4,347
up €4,347 (+13.9%), from €31,223 to €35,570
- Taxes +€3,316
up €3,316 (+55.5%), from €5,974 to €9,290
- Financial charges +€1,450
up €1,450 (+555%), from €261 to €1,711
- Financial income +€843
new in 2025: €843
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 | €49,098 | €146,249 | +€97,151 | +198% |
| Fixed assets | 21/28 | €9,514 | €69,207 | +€59,693 | +627% |
| Tangible fixed assets | 22/27 | €9,514 | €69,207 | +€59,693 | +627% |
| Plant, machinery and equipment | 23 | €745 | €3,784 | +€3,039 | +408% |
| Furniture and vehicles | 24 | €1,495 | €4,074 | +€2,579 | +172% |
| Leasing and similar rights | 25 | €7,273 | €61,349 | +€54,076 | +743% |
| Current assets | 29/58 | €39,584 | €77,042 | +€37,458 | +94.6% |
| Stocks and contracts in progress | 3 | - | €2,117 | +€2,117 | |
| Stocks | 30/36 | - | €2,117 | +€2,117 | |
| Amounts receivable within one year | 40/41 | €25,455 | €49,936 | +€24,481 | +96.2% |
| Trade receivables | 40 | €20,804 | €20,000 | -€804 | -3.9% |
| Other amounts receivable | 41 | €4,651 | €29,936 | +€25,285 | +544% |
| Cash at bank and in hand | 54/58 | €14,130 | €19,982 | +€5,852 | +41.4% |
| Deferred charges and accrued income | 490/1 | - | €5,007 | +€5,007 | |
| Total equity and liabilities | 10/49 | €49,098 | €146,249 | +€97,151 | +198% |
| Equity | 10/15 | €28,321 | €46,197 | +€17,876 | +63.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €23,321 | €41,197 | +€17,876 | +76.7% |
| Distributable reserves | 133 | €23,321 | €41,197 | +€17,876 | +76.7% |
| Amounts payable | 17/49 | €20,778 | €100,052 | +€79,274 | +382% |
| Amounts payable after more than one year | 17 | €2,230 | €43,013 | +€40,784 | +1,829% |
| Financial debts | 170/4 | €2,230 | €43,013 | +€40,784 | +1,829% |
| Amounts payable within one year | 42/48 | €18,548 | €57,039 | +€38,491 | +208% |
| Current portion of amounts payable after more than one year | 42 | €4,893 | €13,112 | +€8,219 | +168% |
| Trade debts | 44 | €5,572 | €34,637 | +€29,065 | +522% |
| Suppliers | 440/4 | €5,572 | €34,637 | +€29,065 | +522% |
| Taxes, remuneration and social security | 45 | €6,494 | €9,290 | +€2,796 | +43.1% |
| Taxes | 450/3 | €6,494 | €9,290 | +€2,796 | +43.1% |
| Other amounts payable | 47/48 | €1,589 | - | -€1,589 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,486 | €6,859 | +€5,373 | +362% |
| Other operating charges | 640/8 | €180 | €677 | +€497 | +276% |
| Gross operating margin | 9900 | €31,223 | €35,570 | +€4,347 | +13.9% |
| Operating profit (loss) | 9901 | €29,556 | €28,034 | -€1,522 | -5.2% |
| Financial income | 75/76B | - | €843 | +€843 | |
| Recurring financial income | 75 | - | €843 | +€843 | |
| Financial charges | 65/66B | €261 | €1,711 | +€1,450 | +555% |
| Recurring financial charges | 65 | €261 | €1,711 | +€1,450 | +555% |
| Profit (loss) for the period before taxes | 9903 | €29,295 | €27,166 | -€2,129 | -7.3% |
| Income taxes | 67/77 | €5,974 | €9,290 | +€3,316 | +55.5% |
| Profit (loss) for the period | 9904 | €23,321 | €17,876 | -€5,445 | -23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,321 | €17,876 | -€5,445 | -23.3% |
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 18 October 2026 via checked.be.