SNG 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.
SNG DAKWERKEN
Largest movements
- Tangible fixed assets +€302,142
up €302,142 (+2,567%), from €11,770 to €313,912
of which Land and buildings: +€313,912
- Receivables within one year +€69,093
up €69,093 (+341%), from €20,257 to €89,350
of which Other amounts receivable: +€74,229
- Cash -€32,689
down €32,689 (-59.7%), from €54,782 to €22,093
mainly Investment in fixed assets (net) (-€314,520) and Receivables within one year (-€69,093)
- Stocks and contracts -€11,534
down €11,534 (-79.4%), from €14,522 to €2,988
- Debts after one year +€288,435
up €288,435, from €0 to €288,435
- Other debts +€45,538
up €45,538 (+4,716%), from €966 to €46,504
- Advances received -€13,462
down €13,462 (-100%), from €13,462 to €0
- Accrued charges and deferred income +€11,122
new in 2025: €11,122
- Reserves -€5,381
down €5,381 (-13.0%), from €41,488 to €36,107
- Gross operating margin +€24,761
up €24,761 (+70.2%), from €35,284 to €60,045
- Staff costs +€19,871
up €19,871 (+78,326%), from €25 to €19,897
- Financial charges +€4,699
up €4,699 (+89.4%), from €5,255 to €9,954
- Taxes -€2,890
down €2,890 (-67.9%), from €4,254 to €1,364
- Other operating charges +€1,735
up €1,735 (+77.2%), from €2,249 to €3,983
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 | €101,631 | €430,401 | +€328,771 | +323% |
| Fixed assets | 21/28 | €11,770 | €313,912 | +€302,142 | +2,567% |
| Tangible fixed assets | 22/27 | €11,770 | €313,912 | +€302,142 | +2,567% |
| Land and buildings | 22 | - | €313,912 | +€313,912 | |
| Furniture and vehicles | 24 | €11,770 | €0 | -€11,770 | -100% |
| Current assets | 29/58 | €89,861 | €116,489 | +€26,628 | +29.6% |
| Stocks and contracts in progress | 3 | €14,522 | €2,988 | -€11,534 | -79.4% |
| Stocks | 30/36 | €14,522 | €2,988 | -€11,534 | -79.4% |
| Amounts receivable within one year | 40/41 | €20,257 | €89,350 | +€69,093 | +341% |
| Trade receivables | 40 | €9,269 | €4,133 | -€5,136 | -55.4% |
| Other amounts receivable | 41 | €10,988 | €85,217 | +€74,229 | +676% |
| Cash at bank and in hand | 54/58 | €54,782 | €22,093 | -€32,689 | -59.7% |
| Deferred charges and accrued income | 490/1 | €300 | €2,058 | +€1,758 | +586% |
| Total equity and liabilities | 10/49 | €101,631 | €430,401 | +€328,771 | +323% |
| Equity | 10/15 | €41,988 | €36,607 | -€5,381 | -12.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €41,488 | €36,107 | -€5,381 | -13.0% |
| Distributable reserves | 133 | €41,488 | €36,107 | -€5,381 | -13.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €59,643 | €393,794 | +€334,151 | +560% |
| Amounts payable after more than one year | 17 | €0 | €288,435 | +€288,435 | |
| Financial debts | 170/4 | €0 | €288,435 | +€288,435 | |
| Amounts payable within one year | 42/48 | €59,643 | €94,238 | +€34,595 | +58.0% |
| Current portion of amounts payable after more than one year | 42 | €13,459 | €15,135 | +€1,677 | +12.5% |
| Trade debts | 44 | €29,968 | €31,225 | +€1,257 | +4.2% |
| Suppliers | 440/4 | €29,968 | €31,225 | +€1,257 | +4.2% |
| Advances received on contracts in progress | 46 | €13,462 | €0 | -€13,462 | -100% |
| Taxes, remuneration and social security | 45 | €1,788 | €1,374 | -€414 | -23.2% |
| Taxes | 450/3 | €1,388 | €134 | -€1,254 | -90.4% |
| Remuneration and social security | 454/9 | €401 | €1,241 | +€840 | +210% |
| Other amounts payable | 47/48 | €966 | €46,504 | +€45,538 | +4,716% |
| Accrued charges and deferred income | 492/3 | - | €11,122 | +€11,122 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €25 | €19,897 | +€19,871 | +78,326% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,533 | €12,378 | -€1,155 | -8.5% |
| Other operating charges | 640/8 | €2,249 | €3,983 | +€1,735 | +77.2% |
| Gross operating margin | 9900 | €35,284 | €60,045 | +€24,761 | +70.2% |
| Operating profit (loss) | 9901 | €19,477 | €23,788 | +€4,311 | +22.1% |
| Financial income | 75/76B | €196 | €1,172 | +€976 | +498% |
| Recurring financial income | 75 | €196 | €1,172 | +€976 | +498% |
| Financial charges | 65/66B | €5,255 | €9,954 | +€4,699 | +89.4% |
| Recurring financial charges | 65 | €5,255 | €9,954 | +€4,699 | +89.4% |
| Profit (loss) for the period before taxes | 9903 | €14,417 | €15,006 | +€588 | +4.1% |
| Income taxes | 67/77 | €4,254 | €1,364 | -€2,890 | -67.9% |
| Profit (loss) for the period | 9904 | €10,163 | €13,641 | +€3,478 | +34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,163 | €13,641 | +€3,478 | +34.2% |
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 29 October 2026 via checked.be.