VS 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.
VS Dakwerken
Largest movements
- Tangible fixed assets +€33,213
up €33,213 (+58.3%), from €56,955 to €90,169
of which Furniture and vehicles: +€60,812
- Receivables within one year +€15,735
up €15,735 (+14.4%), from €109,003 to €124,738
of which Trade receivables: +€17,228
- Debts after one year +€28,711
up €28,711 (+235%), from €12,238 to €40,949
- Trade debts +€22,089
up €22,089 (+24.9%), from €88,548 to €110,637
- Short-term financial debts -€19,843
down €19,843 (-94.0%), from €21,118 to €1,275
of which Credit institutions: -€14,843
- Reserves +€17,172
up €17,172 (+16.1%), from €106,362 to €123,534
- Financial charges -€7,975
down €7,975 (-55.1%), from €14,473 to €6,498
- Write-downs -€6,058
no longer reported in 2025 (was €6,058)
- Taxes +€5,258
up €5,258 (+214%), from €2,457 to €7,714
- Gross operating margin +€2,883
up €2,883 (+6.1%), from €47,448 to €50,331
- Financial income +€1,312
up €1,312 (+252,225%), from €1 to €1,312
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €263,136 | €312,696 | +€49,561 | +18.8% |
| Fixed assets | 21/28 | €60,555 | €93,769 | +€33,213 | +54.8% |
| Tangible fixed assets | 22/27 | €56,955 | €90,169 | +€33,213 | +58.3% |
| Plant, machinery and equipment | 23 | €25,321 | €5,013 | -€20,308 | -80.2% |
| Furniture and vehicles | 24 | €5,328 | €66,140 | +€60,812 | +1,141% |
| Leasing and similar rights | 25 | €26,306 | €19,016 | -€7,291 | -27.7% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €202,580 | €218,928 | +€16,347 | +8.1% |
| Stocks and contracts in progress | 3 | €81,475 | €83,583 | +€2,109 | +2.6% |
| Stocks | 30/36 | €63,583 | €63,583 | = | 0.0% |
| Contracts in progress | 37 | €17,891 | €20,000 | +€2,109 | +11.8% |
| Amounts receivable within one year | 40/41 | €109,003 | €124,738 | +€15,735 | +14.4% |
| Trade receivables | 40 | €93,733 | €110,961 | +€17,228 | +18.4% |
| Other amounts receivable | 41 | €15,270 | €13,777 | -€1,492 | -9.8% |
| Deferred charges and accrued income | 490/1 | €12,103 | €10,606 | -€1,496 | -12.4% |
| Total equity and liabilities | 10/49 | €263,136 | €312,696 | +€49,561 | +18.8% |
| Equity | 10/15 | €124,962 | €142,134 | +€17,172 | +13.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €106,362 | €123,534 | +€17,172 | +16.1% |
| Distributable reserves | 133 | €106,362 | €123,534 | +€17,172 | +16.1% |
| Amounts payable | 17/49 | €138,174 | €170,562 | +€32,388 | +23.4% |
| Amounts payable after more than one year | 17 | €12,238 | €40,949 | +€28,711 | +235% |
| Financial debts | 170/4 | €12,238 | €40,949 | +€28,711 | +235% |
| Amounts payable within one year | 42/48 | €125,936 | €129,613 | +€3,677 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €11,827 | €12,387 | +€559 | +4.7% |
| Financial debts | 43 | €21,118 | €1,275 | -€19,843 | -94.0% |
| Credit institutions | 430/8 | €16,118 | €1,275 | -€14,843 | -92.1% |
| Other loans | 439 | €5,000 | - | -€5,000 | |
| Trade debts | 44 | €88,548 | €110,637 | +€22,089 | +24.9% |
| Suppliers | 440/4 | €88,548 | €110,637 | +€22,089 | +24.9% |
| Taxes, remuneration and social security | 45 | €2,460 | €3,514 | +€1,054 | +42.8% |
| Taxes | 450/3 | €2,460 | €3,514 | +€1,054 | +42.8% |
| Other amounts payable | 47/48 | €1,983 | €1,800 | -€183 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,819 | €16,653 | -€167 | -1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,058 | - | -€6,058 | |
| Other operating charges | 640/8 | €1,251 | €1,806 | +€555 | +44.3% |
| Gross operating margin | 9900 | €47,448 | €50,331 | +€2,883 | +6.1% |
| Operating profit (loss) | 9901 | €23,320 | €31,873 | +€8,553 | +36.7% |
| Financial income | 75/76B | €1 | €1,312 | +€1,312 | +252,225% |
| Recurring financial income | 75 | €1 | €1,312 | +€1,312 | +252,225% |
| Financial charges | 65/66B | €14,473 | €6,498 | -€7,975 | -55.1% |
| Recurring financial charges | 65 | €14,473 | €6,498 | -€7,975 | -55.1% |
| Profit (loss) for the period before taxes | 9903 | €8,847 | €26,687 | +€17,839 | +202% |
| Income taxes | 67/77 | €2,457 | €7,714 | +€5,258 | +214% |
| Profit (loss) for the period | 9904 | €6,391 | €18,972 | +€12,582 | +197% |
| Profit (loss) for the period to be appropriated | 9905 | €6,391 | €18,972 | +€12,582 | +197% |
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 23 October 2026 via checked.be.