SW DAKWERKEN: what changed
SW DAKWERKEN
Largest movements
- Cash -€13,660
down €13,660 (-22.9%), from €59,738 to €46,078
mainly Contributions, distributions and other (-€29,561) and Other debts (-€19,279)
- Tangible fixed assets -€10,115
down €10,115 (-42.7%), from €23,716 to €13,600
of which Furniture and vehicles: -€10,469
- Deferred charges and accrued income -€1,365
down €1,365 (-82.7%), from €1,650 to €285
- Other debts -€19,279
down €19,279 (-28.7%), from €67,180 to €47,901
- Debts after one year -€6,625
down €6,625 (-72.3%), from €9,161 to €2,536
- Trade debts +€3,438
up €3,438 (+21.2%), from €16,251 to €19,689
- Current portion of long-term debt -€2,975
down €2,975 (-31.0%), from €9,599 to €6,625
- Gross operating margin -€14,280
down €14,280 (-21.2%), from €67,484 to €53,204
- Taxes -€3,322
down €3,322 (-26.1%), from €12,718 to €9,396
- Financial income -€2,305
down €2,305 (-97.8%), from €2,355 to €51
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 | €110,460 | €85,019 | -€25,441 | -23.0% |
| Fixed assets | 21/28 | €24,886 | €14,770 | -€10,115 | -40.6% |
| Tangible fixed assets | 22/27 | €23,716 | €13,600 | -€10,115 | -42.7% |
| Plant, machinery and equipment | 23 | €1,959 | €2,539 | +€580 | +29.6% |
| Furniture and vehicles | 24 | €19,895 | €9,426 | -€10,469 | -52.6% |
| Other tangible fixed assets | 26 | €1,862 | €1,635 | -€226 | -12.2% |
| Financial fixed assets | 28 | €1,170 | €1,170 | = | 0.0% |
| Current assets | 29/58 | €85,574 | €70,249 | -€15,326 | -17.9% |
| Amounts receivable within one year | 40/41 | €24,187 | €23,886 | -€301 | -1.2% |
| Trade receivables | 40 | €17,584 | €10,658 | -€6,927 | -39.4% |
| Other amounts receivable | 41 | €6,602 | €13,228 | +€6,626 | +100% |
| Cash at bank and in hand | 54/58 | €59,738 | €46,078 | -€13,660 | -22.9% |
| Deferred charges and accrued income | 490/1 | €1,650 | €285 | -€1,365 | -82.7% |
| Total equity and liabilities | 10/49 | €110,460 | €85,019 | -€25,441 | -23.0% |
| Equity | 10/15 | €3,001 | €3,000 | -€1 | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1 | - | -€1 | |
| Distributable reserves | 133 | €1 | - | -€1 | |
| Amounts payable | 17/49 | €107,460 | €82,019 | -€25,440 | -23.7% |
| Amounts payable after more than one year | 17 | €9,161 | €2,536 | -€6,625 | -72.3% |
| Financial debts | 170/4 | €9,161 | €2,536 | -€6,625 | -72.3% |
| Amounts payable within one year | 42/48 | €98,299 | €79,483 | -€18,816 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €9,599 | €6,625 | -€2,975 | -31.0% |
| Trade debts | 44 | €16,251 | €19,689 | +€3,438 | +21.2% |
| Suppliers | 440/4 | €16,251 | €19,689 | +€3,438 | +21.2% |
| Taxes, remuneration and social security | 45 | €5,268 | €5,268 | = | 0.0% |
| Taxes | 450/3 | €5,268 | €5,268 | = | 0.0% |
| Other amounts payable | 47/48 | €67,180 | €47,901 | -€19,279 | -28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,575 | €11,654 | +€79 | +0.7% |
| Other operating charges | 640/8 | €2,421 | €2,119 | -€302 | -12.5% |
| Gross operating margin | 9900 | €67,484 | €53,204 | -€14,280 | -21.2% |
| Operating profit (loss) | 9901 | €53,489 | €39,431 | -€14,058 | -26.3% |
| Financial income | 75/76B | €2,355 | €51 | -€2,305 | -97.8% |
| Recurring financial income | 75 | €2,355 | €51 | -€2,305 | -97.8% |
| Financial charges | 65/66B | €751 | €525 | -€226 | -30.1% |
| Recurring financial charges | 65 | €751 | €525 | -€226 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €55,093 | €38,957 | -€16,136 | -29.3% |
| Income taxes | 67/77 | €12,718 | €9,396 | -€3,322 | -26.1% |
| Profit (loss) for the period | 9904 | €42,375 | €29,561 | -€12,814 | -30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,375 | €29,561 | -€12,814 | -30.2% |
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 4 November 2026 via checked.be.