MTM 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.
MTM DAKWERKEN
Largest movements
- Receivables within one year -€14,561
down €14,561 (-52.3%), from €27,859 to €13,298
of which Trade receivables: -€9,467
- Stocks and contracts -€2,051
down €2,051 (-18.2%), from €11,281 to €9,230
- Tangible fixed assets -€1,666
down €1,666 (-22.3%), from €7,463 to €5,797
of which Furniture and vehicles: -€1,967
- Profit (loss) carried forward -€9,833
down €9,833 (-1,205%), from -€816 to -€10,649
- Short-term financial debts -€3,745
down €3,745 (-22.0%), from €17,000 to €13,255
- Tax, wage and social debts -€1,859
down €1,859 (-16.8%), from €11,083 to €9,224
of which Remuneration and social security: -€2,000
- Trade debts -€1,839
down €1,839 (-25.1%), from €7,339 to €5,500
- Advances received -€1,500
no longer reported in 2025 (was €1,500)
- Gross operating margin +€7,446
up €7,446, from -€6,347 to €1,100
- Financial charges +€3,214
up €3,214 (+159%), from €2,025 to €5,238
of which Financial charges: +€3,714
- Other operating charges +€1,484
up €1,484 (+343%), from €433 to €1,916
- Depreciation +€1,122
up €1,122 (+45.9%), from €2,444 to €3,566
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 | €47,281 | €29,357 | -€17,924 | -37.9% |
| Fixed assets | 21/28 | €7,463 | €5,797 | -€1,666 | -22.3% |
| Tangible fixed assets | 22/27 | €7,463 | €5,797 | -€1,666 | -22.3% |
| Plant, machinery and equipment | 23 | €2,724 | €3,024 | +€300 | +11.0% |
| Furniture and vehicles | 24 | €4,739 | €2,773 | -€1,967 | -41.5% |
| Current assets | 29/58 | €39,818 | €23,560 | -€16,258 | -40.8% |
| Stocks and contracts in progress | 3 | €11,281 | €9,230 | -€2,051 | -18.2% |
| Stocks | 30/36 | €11,281 | €9,230 | -€2,051 | -18.2% |
| Amounts receivable within one year | 40/41 | €27,859 | €13,298 | -€14,561 | -52.3% |
| Trade receivables | 40 | €17,276 | €7,809 | -€9,467 | -54.8% |
| Other amounts receivable | 41 | €10,583 | €5,489 | -€5,094 | -48.1% |
| Cash at bank and in hand | 54/58 | €204 | €204 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €474 | €828 | +€354 | +74.7% |
| Total equity and liabilities | 10/49 | €47,281 | €29,357 | -€17,924 | -37.9% |
| Equity | 10/15 | €8,484 | -€1,349 | -€9,833 | |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€816 | -€10,649 | -€9,833 | -1,205% |
| Amounts payable | 17/49 | €38,797 | €30,705 | -€8,091 | -20.9% |
| Amounts payable within one year | 42/48 | €38,797 | €30,705 | -€8,091 | -20.9% |
| Financial debts | 43 | €17,000 | €13,255 | -€3,745 | -22.0% |
| Credit institutions | 430/8 | €17,000 | €13,255 | -€3,745 | -22.0% |
| Trade debts | 44 | €7,339 | €5,500 | -€1,839 | -25.1% |
| Suppliers | 440/4 | €7,339 | €5,500 | -€1,839 | -25.1% |
| Advances received on contracts in progress | 46 | €1,500 | - | -€1,500 | |
| Taxes, remuneration and social security | 45 | €11,083 | €9,224 | -€1,859 | -16.8% |
| Taxes | 450/3 | €83 | €224 | +€141 | +169% |
| Remuneration and social security | 454/9 | €11,000 | €9,000 | -€2,000 | -18.2% |
| Other amounts payable | 47/48 | €1,875 | €2,726 | +€851 | +45.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,444 | €3,566 | +€1,122 | +45.9% |
| Other operating charges | 640/8 | €433 | €1,916 | +€1,484 | +343% |
| Gross operating margin | 9900 | -€6,347 | €1,100 | +€7,446 | |
| Operating profit (loss) | 9901 | -€9,224 | -€4,383 | +€4,841 | +52.5% |
| Financial income | 75/76B | €17 | - | -€17 | |
| Recurring financial income | 75 | €17 | - | -€17 | |
| Financial charges | 65/66B | €2,025 | €5,238 | +€3,214 | +159% |
| Recurring financial charges | 65 | €1,525 | €5,238 | +€3,714 | +244% |
| Non-recurring financial charges | 66B | €500 | - | -€500 | |
| Profit (loss) for the period before taxes | 9903 | -€11,232 | -€9,621 | +€1,610 | +14.3% |
| Income taxes | 67/77 | €192 | €211 | +€19 | +10.1% |
| Profit (loss) for the period | 9904 | -€11,424 | -€9,833 | +€1,591 | +13.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,424 | -€9,833 | +€1,591 | +13.9% |
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 24 October 2026 via checked.be.