SD 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.
SD Dakwerken
Largest movements
- Receivables within one year -€57,418
down €57,418 (-15.1%), from €379,540 to €322,122
of which Other amounts receivable: -€44,322
- Cash -€25,117
down €25,117 (-93.1%), from €26,974 to €1,857
mainly Trade debts (-€94,922) and Tax, wage and social debts (-€11,444)
- Trade debts -€94,922
down €94,922 (-29.3%), from €324,124 to €229,202
- Reserves +€17,834
up €17,834 (+17.3%), from €103,236 to €121,070
of which Distributable reserves: +€17,834
- Tax, wage and social debts -€11,444
down €11,444 (-39.7%), from €28,852 to €17,408
of which Remuneration and social security: -€6,591
- Gross operating margin +€11,428
up €11,428 (+17.5%), from €65,456 to €76,884
- Financial charges +€10,923
up €10,923 (+353.0%), from €3,094 to €14,017
- Staff costs -€6,526
down €6,526 (-20.2%), from €32,363 to €25,837
- Depreciation +€3,963
up €3,963 (+180.1%), from €2,200 to €6,163
- Taxes +€2,177
up €2,177 (+37.3%), from €5,839 to €8,016
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.
Cash bridge derived
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 | €503,212 | €416,259 | -€86,953 | -17.3% |
| Fixed assets | 21/28 | €96,698 | €92,280 | -€4,418 | -4.6% |
| Tangible fixed assets | 22/27 | €17,648 | €12,980 | -€4,668 | -26.5% |
| Plant, machinery and equipment | 23 | - | €961 | +€961 | |
| Furniture and vehicles | 24 | €17,648 | €12,019 | -€5,629 | -31.9% |
| Financial fixed assets | 28 | €79,050 | €79,300 | +€250 | +0.3% |
| Current assets | 29/58 | €406,514 | €323,979 | -€82,535 | -20.3% |
| Amounts receivable within one year | 40/41 | €379,540 | €322,122 | -€57,418 | -15.1% |
| Trade receivables | 40 | €187,569 | €174,473 | -€13,096 | -7.0% |
| Other amounts receivable | 41 | €191,971 | €147,649 | -€44,322 | -23.1% |
| Cash at bank and in hand | 54/58 | €26,974 | €1,857 | -€25,117 | -93.1% |
| Total equity and liabilities | 10/49 | €503,212 | €416,259 | -€86,953 | -17.3% |
| Equity | 10/15 | €110,236 | €129,570 | +€19,334 | +17.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €103,236 | €121,070 | +€17,834 | +17.3% |
| Non-distributable reserves | 130/1 | €15,517 | €15,517 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,517 | €15,517 | = | 0.0% |
| Distributable reserves | 133 | €87,719 | €105,553 | +€17,834 | +20.3% |
| Profit (loss) carried forward | 14 | €2,000 | €3,500 | +€1,500 | +75.0% |
| Amounts payable | 17/49 | €392,976 | €286,689 | -€106,287 | -27.0% |
| Amounts payable within one year | 42/48 | €392,976 | €286,689 | -€106,287 | -27.0% |
| Trade debts | 44 | €324,124 | €229,202 | -€94,922 | -29.3% |
| Suppliers | 440/4 | €324,124 | €229,202 | -€94,922 | -29.3% |
| Advances received on contracts in progress | 46 | €40,000 | €40,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €28,852 | €17,408 | -€11,444 | -39.7% |
| Taxes | 450/3 | €22,143 | €17,290 | -€4,853 | -21.9% |
| Remuneration and social security | 454/9 | €6,709 | €118 | -€6,591 | -98.2% |
| Other amounts payable | 47/48 | - | €79 | +€79 | |
| Non-recurring operating income | 76A | €86 | - | -€86 | |
| Remuneration, social security and pensions | 62 | €32,363 | €25,837 | -€6,526 | -20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,200 | €6,163 | +€3,963 | +180.1% |
| Other operating charges | 640/8 | €4,530 | €3,812 | -€718 | -15.8% |
| Gross operating margin | 9900 | €65,456 | €76,884 | +€11,428 | +17.5% |
| Operating profit (loss) | 9901 | €26,363 | €41,072 | +€14,709 | +55.8% |
| Financial income | 75/76B | €0 | €295 | +€295 | |
| Recurring financial income | 75 | €0 | €295 | +€295 | |
| Financial charges | 65/66B | €3,094 | €14,017 | +€10,923 | +353.0% |
| Recurring financial charges | 65 | €3,094 | €14,017 | +€10,923 | +353.0% |
| Profit (loss) for the period before taxes | 9903 | €23,269 | €27,350 | +€4,081 | +17.5% |
| Income taxes | 67/77 | €5,839 | €8,016 | +€2,177 | +37.3% |
| Profit (loss) for the period | 9904 | €17,430 | €19,334 | +€1,904 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,430 | €19,334 | +€1,904 | +10.9% |
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 12 October 2026 via checked.be.