PM 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.
PM DAKWERKEN
Largest movements
- Tangible fixed assets +€76,398
up €76,398 (+110%), from €69,180 to €145,578
of which Furniture and vehicles: +€77,426
- Cash -€16,601
down €16,601 (-31.8%), from €52,267 to €35,666
mainly Investment in fixed assets (net) (-€111,537) and Contributions, distributions and other (-€60,000)
- Receivables within one year -€13,115
down €13,115 (-9.0%), from €144,961 to €131,846
of which Other amounts receivable: -€35,182
- Current investments +€6,334
up €6,334 (+160%), from €3,964 to €10,298
- Deferred charges and accrued income +€4,447
up €4,447 (+87.2%), from €5,098 to €9,545
- Debts after one year +€51,253
up €51,253 (+153%), from €33,488 to €84,741
- Other debts -€9,746
down €9,746 (-14.0%), from €69,746 to €60,000
- Reserves +€9,199
up €9,199 (+9.9%), from €92,944 to €102,144
- Current portion of long-term debt +€3,379
up €3,379 (+14.7%), from €22,988 to €26,367
- Staff costs +€78,231
up €78,231 (+150%), from €52,302 to €130,534
- Gross operating margin +€59,530
up €59,530 (+28.6%), from €207,946 to €267,477
- Other operating charges -€8,584
down €8,584 (-84.8%), from €10,122 to €1,538
- Taxes -€7,763
down €7,763 (-26.7%), from €29,103 to €21,340
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 | €276,644 | €334,107 | +€57,463 | +20.8% |
| Fixed assets | 21/28 | €70,355 | €146,753 | +€76,398 | +109% |
| Tangible fixed assets | 22/27 | €69,180 | €145,578 | +€76,398 | +110% |
| Plant, machinery and equipment | 23 | €8,782 | €7,755 | -€1,028 | -11.7% |
| Furniture and vehicles | 24 | €60,398 | €137,824 | +€77,426 | +128% |
| Financial fixed assets | 28 | €1,175 | €1,175 | = | 0.0% |
| Current assets | 29/58 | €206,289 | €187,354 | -€18,935 | -9.2% |
| Amounts receivable within one year | 40/41 | €144,961 | €131,846 | -€13,115 | -9.0% |
| Trade receivables | 40 | €93,957 | €116,024 | +€22,067 | +23.5% |
| Other amounts receivable | 41 | €51,004 | €15,822 | -€35,182 | -69.0% |
| Current investments | 50/53 | €3,964 | €10,298 | +€6,334 | +160% |
| Cash at bank and in hand | 54/58 | €52,267 | €35,666 | -€16,601 | -31.8% |
| Deferred charges and accrued income | 490/1 | €5,098 | €9,545 | +€4,447 | +87.2% |
| Total equity and liabilities | 10/49 | €276,644 | €334,107 | +€57,463 | +20.8% |
| Equity | 10/15 | €97,944 | €107,144 | +€9,199 | +9.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €92,944 | €102,144 | +€9,199 | +9.9% |
| Distributable reserves | 133 | €92,944 | €102,144 | +€9,199 | +9.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €178,699 | €226,963 | +€48,264 | +27.0% |
| Amounts payable after more than one year | 17 | €33,488 | €84,741 | +€51,253 | +153% |
| Financial debts | 170/4 | €33,488 | €84,741 | +€51,253 | +153% |
| Amounts payable within one year | 42/48 | €145,211 | €142,222 | -€2,989 | -2.1% |
| Current portion of amounts payable after more than one year | 42 | €22,988 | €26,367 | +€3,379 | +14.7% |
| Trade debts | 44 | €13,466 | €14,505 | +€1,040 | +7.7% |
| Suppliers | 440/4 | €13,466 | €14,505 | +€1,040 | +7.7% |
| Taxes, remuneration and social security | 45 | €39,012 | €41,350 | +€2,338 | +6.0% |
| Taxes | 450/3 | €28,874 | €23,717 | -€5,157 | -17.9% |
| Remuneration and social security | 454/9 | €10,138 | €17,633 | +€7,495 | +73.9% |
| Other amounts payable | 47/48 | €69,746 | €60,000 | -€9,746 | -14.0% |
| Non-recurring operating income | 76A | - | €33,200 | +€33,200 | |
| Remuneration, social security and pensions | 62 | €52,302 | €130,534 | +€78,231 | +150% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,612 | €35,139 | +€2,527 | +7.7% |
| Other operating charges | 640/8 | €10,122 | €1,538 | -€8,584 | -84.8% |
| Non-recurring operating charges | 66A | €0 | €4,425 | +€4,425 | |
| Gross operating margin | 9900 | €207,946 | €267,477 | +€59,530 | +28.6% |
| Operating profit (loss) | 9901 | €112,910 | €95,841 | -€17,069 | -15.1% |
| Financial income | 75/76B | €2,592 | €772 | -€1,820 | -70.2% |
| Recurring financial income | 75 | €2,592 | €772 | -€1,820 | -70.2% |
| Financial charges | 65/66B | €3,871 | €6,073 | +€2,203 | +56.9% |
| Recurring financial charges | 65 | €3,871 | €6,073 | +€2,203 | +56.9% |
| Profit (loss) for the period before taxes | 9903 | €111,631 | €90,540 | -€21,092 | -18.9% |
| Income taxes | 67/77 | €29,103 | €21,340 | -€7,763 | -26.7% |
| Profit (loss) for the period | 9904 | €82,528 | €69,199 | -€13,329 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €82,528 | €69,199 | -€13,329 | -16.2% |
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.