MGK Dakwerken: what changed
MGK Dakwerken
Largest movements
- Tangible fixed assets -€14,482
down €14,482 (-19.4%), from €74,520 to €60,038
of which Leasing and similar rights: -€24,350
- Receivables within one year +€12,746
up €12,746 (+40.2%), from €31,699 to €44,445
of which Other amounts receivable: +€10,370
- Cash +€2,125
up €2,125 (+164%), from €1,298 to €3,423
mainly Depreciation (+€26,861) and Net result for the year (+€15,103)
- Deferred charges and accrued income -€2,080
down €2,080 (-24.0%), from €8,667 to €6,587
- Stocks and contracts -€1,700
down €1,700 (-12.0%), from €14,166 to €12,466
- Debts after one year -€22,641
down €22,641 (-39.9%), from €56,770 to €34,130
- Profit (loss) carried forward +€8,289
up €8,289, from -€8,289 to €0
- Reserves +€6,814
up €6,814 (+16.8%), from €40,500 to €47,314
- Trade debts +€3,016
up €3,016 (+32.2%), from €9,363 to €12,379
- Gross operating margin +€34,026
up €34,026 (+168%), from €20,312 to €54,338
- Depreciation +€2,709
up €2,709 (+11.2%), from €24,153 to €26,861
- Taxes +€2,211
up €2,211 (+915%), from €242 to €2,453
- Staff costs +€2,168
new in 2025: €2,168
- Financial charges +€2,081
up €2,081 (+50.1%), from €4,155 to €6,237
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €133,349 | €129,458 | -€3,891 | -2.9% |
| Fixed assets | 21/28 | €77,520 | €62,538 | -€14,982 | -19.3% |
| Intangible fixed assets | 21 | €3,000 | €2,500 | -€500 | -16.7% |
| Tangible fixed assets | 22/27 | €74,520 | €60,038 | -€14,482 | -19.4% |
| Plant, machinery and equipment | 23 | €1,448 | €7,708 | +€6,260 | +432% |
| Furniture and vehicles | 24 | €688 | €275 | -€413 | -60.0% |
| Leasing and similar rights | 25 | €72,384 | €48,034 | -€24,350 | -33.6% |
| Other tangible fixed assets | 26 | - | €4,021 | +€4,021 | |
| Current assets | 29/58 | €55,829 | €66,920 | +€11,092 | +19.9% |
| Stocks and contracts in progress | 3 | €14,166 | €12,466 | -€1,700 | -12.0% |
| Stocks | 30/36 | €14,166 | €12,466 | -€1,700 | -12.0% |
| Amounts receivable within one year | 40/41 | €31,699 | €44,445 | +€12,746 | +40.2% |
| Trade receivables | 40 | €18,280 | €20,656 | +€2,376 | +13.0% |
| Other amounts receivable | 41 | €13,419 | €23,789 | +€10,370 | +77.3% |
| Cash at bank and in hand | 54/58 | €1,298 | €3,423 | +€2,125 | +164% |
| Deferred charges and accrued income | 490/1 | €8,667 | €6,587 | -€2,080 | -24.0% |
| Total equity and liabilities | 10/49 | €133,349 | €129,458 | -€3,891 | -2.9% |
| Equity | 10/15 | €42,211 | €57,314 | +€15,103 | +35.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €40,500 | €47,314 | +€6,814 | +16.8% |
| Distributable reserves | 133 | €40,500 | €47,314 | +€6,814 | +16.8% |
| Profit (loss) carried forward | 14 | -€8,289 | €0 | +€8,289 | |
| Amounts payable | 17/49 | €91,139 | €72,145 | -€18,994 | -20.8% |
| Amounts payable after more than one year | 17 | €56,770 | €34,130 | -€22,641 | -39.9% |
| Financial debts | 170/4 | €56,770 | €34,130 | -€22,641 | -39.9% |
| Amounts payable within one year | 42/48 | €34,368 | €37,715 | +€3,346 | +9.7% |
| Current portion of amounts payable after more than one year | 42 | €21,952 | €22,641 | +€689 | +3.1% |
| Trade debts | 44 | €9,363 | €12,379 | +€3,016 | +32.2% |
| Suppliers | 440/4 | €9,363 | €12,379 | +€3,016 | +32.2% |
| Taxes, remuneration and social security | 45 | €3,053 | €2,695 | -€358 | -11.7% |
| Taxes | 450/3 | €3,053 | €2,695 | -€358 | -11.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €300 | +€300 | |
| Remuneration, social security and pensions | 62 | - | €2,168 | +€2,168 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,153 | €26,861 | +€2,709 | +11.2% |
| Other operating charges | 640/8 | €458 | €2,486 | +€2,028 | +442% |
| Gross operating margin | 9900 | €20,312 | €54,338 | +€34,026 | +168% |
| Operating profit (loss) | 9901 | -€4,299 | €22,823 | +€27,122 | |
| Financial income | 75/76B | €407 | €970 | +€563 | +138% |
| Recurring financial income | 75 | €407 | €970 | +€563 | +138% |
| Financial charges | 65/66B | €4,155 | €6,237 | +€2,081 | +50.1% |
| Recurring financial charges | 65 | €4,155 | €6,237 | +€2,081 | +50.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,048 | €17,557 | +€25,604 | |
| Income taxes | 67/77 | €242 | €2,453 | +€2,211 | +915% |
| Profit (loss) for the period | 9904 | -€8,289 | €15,103 | +€23,393 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,289 | €15,103 | +€23,393 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.