DL DESIGN CONSTRUCT
ActiveFinancials · financial year 2023, micro format
2024 annual accounts not yet filed, deadline passed on 31 July 2025 The financial year closed on 31 December 2024. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 3 November 2026.
Annual accounts 2023 filed on 17-07-2024 PDF all 10 filings
Turnover
€121,893▼ 29.8%
2022 · €173,695
EBIT margin
7.0%▼ 1.9pp
2022 · 8.9%
Net result
€10,146▼ 11.4%
2022 · €11,446
Working capital
€111,906▲ 13.2%
2022 · €98,814
Multi-year overview
2018 to 2023, 6 financial yearsTurnover
€121,893
▼ 29.8%
2023
20182023
Operating result
€8,519
▼ 45.0%
2023
20182023
Net result
€10,146
▼ 11.4%
2023
middle half of the sector
20182023
EBIT margin
7.0%
▼ 1.9pp
2023
20182023
Equity
€115,563
▲ 9.6%
2023
middle half of the sector
20182023
Total assets
€198,755
▲ 41.8%
2023
middle half of the sector
20182023
Debt
€83,191
▲ 140%
2023
20182023
Working capital
€111,906
▲ 13.2%
2023
highest quarter of the sector
20182023
Solvency
58.1%
▼ 17.1pp
2023
middle half of the sector
20182023
Current ratio
2.35
▼ 1.50
2023
middle half of the sector
20182023
Return on assets (ROA)
5.1%
▼ 3.1pp
2023
middle half of the sector
20182023
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Turnover€244,603-€186,444▼ 23.8%€173,487▼ 6.9%€204,427▲ 17.8%€173,695▼ 15.0%€121,893▼ 29.8%
Operating result€40,376-€4,720▼ 88.3%€14,788▲ 213%-€20€15,486€8,519▼ 45.0%
Net result€22,656-€11,727▼ 48.2%€8,808within the sector's middle half▼ 24.9%-€2,763below the sector's middle half€11,446within the sector's middle half€10,146within the sector's middle half▼ 11.4%
EBIT margin16.5%-2.5%▼ 14.0pp8.5%▲ 6.0pp0.0%▼ 8.5pp8.9%▲ 8.9pp7.0%▼ 1.9pp
Equity€76,200-€87,927▲ 15.4%€96,735within the sector's middle half▲ 10.0%€93,972within the sector's middle half▼ 2.9%€105,418within the sector's middle half▲ 12.2%€115,563within the sector's middle half▲ 9.6%
Total assets€118,936-€120,316▲ 1.2%€151,276within the sector's middle half▲ 25.7%€141,196within the sector's middle half▼ 6.7%€140,143within the sector's middle half▼ 0.7%€198,755within the sector's middle half▲ 41.8%
Debt€42,736-€32,389▼ 24.2%€54,541▲ 68.4%€47,224▼ 13.4%€34,725▼ 26.5%€83,191▲ 140%
Working capital€70,896-€76,454▲ 7.8%€90,364above the sector's middle half▲ 18.2%€86,948above the sector's middle half▼ 3.8%€98,814above the sector's middle half▲ 13.6%€111,906above the sector's middle half▲ 13.2%
Solvency64.1%-73.1%▲ 9.0pp63.9%within the sector's middle half▼ 9.1pp66.6%above the sector's middle half▲ 2.6pp75.2%above the sector's middle half▲ 8.7pp58.1%within the sector's middle half▼ 17.1pp
Current ratio2.66-3.36▲ 0.702.66within the sector's middle half▼ 0.702.84within the sector's middle half▲ 0.183.85above the sector's middle half▲ 1.002.35within the sector's middle half▼ 1.50
Return on assets (ROA)19.0%-9.7%▼ 9.3pp5.8%within the sector's middle half▼ 3.9pp-2.0%below the sector's middle half▼ 7.8pp8.2%within the sector's middle half▲ 10.1pp5.1%within the sector's middle half▼ 3.1pp
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2023 is 45% lower than in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €198,755
Fixed assets
€3,657 ▼ 44.6%
Current assets
€195,097 ▲ 46.1%
Equity and liabilities €198,755
Equity
€115,563 ▲ 9.6%
Debt
€83,191 ▲ 140%
Debt's share of the balance-sheet total rises from 24.8% to 41.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€11,466▼
2022 · €17,924
Cash flow
€13,092▼
2022 · €13,884
Debt to equity
0.72▲
2022 · 0.33
ROE
8.8%▼
2022 · 10.9%
Interest coverage
4.13▼
2022 · 8.44
Debt ≤ 1 year
€83,191▲
2022 · €34,725
Customer credit
194 days▲
2022 · 61 days
Supplier credit
132 days▲
2022 · 41 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Overdue debts
| Item | 2021 | 2022 | 2023 |
|---|---|---|---|
| Overdue tax debts | - | €5,766 | - |
Source: notes to the 2021 to 2023 annual accounts (statement of debts)
Investments
| Item | 2021 | 2022 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €6,949 | €5,020 | - |
| Depreciation and write-downs of the year | €5,104 | €2,438 | €2,946 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Turnover70 | €244,603 | €186,444 | €173,487 | €204,427 | €173,695 | €121,893 | ▼ 29.8% |
| Non-recurring operating income76A | - | - | - | €6,516 | €9,050 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €219,606 | €165,653 | €137,658 | ▼ 16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,194 | €7,274 | €7,032 | €5,104 | €2,438 | €2,946 | ▲ 20.8% |
| Other operating charges640/8 | - | - | - | €3,338 | €3,049 | €1,581 | ▼ 48.1% |
| Non-recurring operating charges66A | - | - | - | €1,192 | €3,003 | €0 | ▼ 100% |
| Gross operating margin9900 | €45,108 | €13,397 | €24,156 | €9,614 | €23,976 | €13,047 | ▼ 45.6% |
| Operating profit (loss)9901 | €40,376 | €4,720 | €14,788 | -€20 | €15,486 | €8,519 | ▼ 45.0% |
| Financial income75/76B | - | - | - | €3,675 | €4,994 | €4,401 | ▼ 11.9% |
| Recurring financial income75 | €1,846 | €1,891 | €3,913 | €3,675 | €4,994 | €4,401 | ▼ 11.9% |
| Financial charges65/66B | - | - | - | €5,278 | €2,124 | €2,775 | ▲ 30.7% |
| Recurring financial charges65 | €6,348 | €1,550 | €2,677 | €5,278 | €2,124 | €2,775 | ▲ 30.7% |
| Profit (loss) for the period before taxes9903 | €35,874 | €16,291 | €16,024 | -€1,623 | €18,356 | €10,146 | ▼ 44.7% |
| Income taxes67/77 | €13,218 | €4,563 | €7,217 | €1,141 | €6,910 | - | - |
| Profit (loss) for the period9904 | €22,656 | €11,727 | €8,808 | -€2,763 | €11,446 | €10,146 | ▼ 11.4% |
| Profit (loss) for the period to be appropriated9905 | €22,656 | €11,727 | €8,808 | -€2,763 | €11,446 | €10,146 | ▼ 11.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €118,936 | €120,316 | €151,276 | €141,196 | €140,143 | €198,755 | ▲ 41.8% |
| Fixed assets21/28 | €5,304 | €11,473 | €6,371 | €7,024 | €6,604 | €3,657 | ▼ 44.6% |
| Tangible fixed assets22/27 | €5,254 | €11,423 | €6,321 | €6,974 | €6,554 | €3,607 | ▼ 45.0% |
| Plant, machinery and equipment23 | - | - | - | €1,192 | €654 | €152 | ▼ 76.8% |
| Furniture and vehicles24 | - | - | - | €5,783 | €5,900 | €3,456 | ▼ 41.4% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €113,632 | €108,843 | €144,905 | €134,172 | €133,539 | €195,097 | ▲ 46.1% |
| Amounts receivable after more than one year29 | - | - | - | - | €81,200 | €80,899 | ▼ 0.4% |
| Trade receivables290 | - | - | - | - | - | €80,899 | - |
| Other amounts receivable291 | - | - | - | - | €81,200 | - | - |
| Amounts receivable within one year40/41 | €102,666 | €84,723 | €105,750 | €118,271 | €43,238 | €91,524 | ▲ 112% |
| Trade receivables40 | - | - | - | €37,662 | €28,864 | €64,830 | ▲ 125% |
| Other amounts receivable41 | - | - | - | €80,610 | €14,374 | €26,694 | ▲ 85.7% |
| Cash at bank and in hand54/58 | €10,966 | €24,120 | €36,398 | €14,987 | €6,171 | €17,255 | ▲ 180% |
| Deferred charges and accrued income490/1 | - | - | - | €913 | €2,931 | €5,419 | ▲ 84.9% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €118,936 | €120,316 | €151,276 | €141,196 | €140,143 | €198,755 | ▲ 41.8% |
| Equity10/15 | €76,200 | €87,927 | €96,735 | €93,972 | €105,418 | €115,563 | ▲ 9.6% |
| Contributions10/11 | €100 | €100 | - | €100 | €100 | €100 | = |
| Reserves13 | €5,126 | €5,126 | €13,934 | €13,934 | €25,380 | €25,380 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | - | - | €3,266 | €3,266 | €3,266 | = |
| Distributable reserves133 | - | - | - | €8,808 | €20,253 | €20,253 | = |
| Profit (loss) carried forward14 | €70,974 | €82,701 | €82,701 | €79,938 | €79,938 | €90,084 | ▲ 12.7% |
| Amounts payable17/49 | €42,736 | €32,389 | €54,541 | €47,224 | €34,725 | €83,191 | ▲ 140% |
| Amounts payable within one year42/48 | €42,736 | €32,389 | €54,541 | €47,224 | €34,725 | €83,191 | ▲ 140% |
| Trade debts44 | €20,401 | €15,546 | €11,874 | €20,362 | €18,496 | €49,971 | ▲ 170% |
| Suppliers440/4 | - | - | - | €20,362 | €18,496 | €49,971 | ▲ 170% |
| Advances received on contracts in progress46 | - | - | - | €10,725 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €15,587 | €10,698 | €33,220 | ▲ 211% |
| Taxes450/3 | - | - | - | €15,587 | €10,698 | €33,220 | ▲ 211% |
| Other amounts payable47/48 | - | - | - | €550 | €5,531 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,656 | €11,727 | €8,808 | -€2,763 | €11,446 | €10,146 | ▼ 11.4% |
| + Depreciation and write-downs630 | €3,194 | €7,274 | €7,032 | €5,104 | €2,438 | €2,946 | ▲ 20.8% |
| Operating cash flow (approximation) | €25,849 | €19,002 | €15,840 | €2,341 | €13,884 | €13,092 | ▼ 5.7% |
| Investment in fixed assets (approximation) | - | -€13,444 | -€1,930 | -€5,757 | -€2,018 | €0 | - |
| Change in cash | - | €13,154 | €12,278 | -€21,411 | -€8,816 | €11,085 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | micro format | 17-07-2024 | 2024-00252952 | |
| 31-12-2022 | micro format | 22-08-2023 | 2023-00347070 | |
| 31-12-2021 | micro format | 24-08-2022 | 2022-20319707 | |
| 31-12-2020 | micro format | 26-08-2021 | 2021-55700548 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-50200113 | |
| 31-12-2018 | micro format | 28-08-2019 | 2019-54000451 | |
| 31-12-2017 | micro format | 09-01-2019 | 2019-00900371 | |
| 31-12-2016 | full format | 31-08-2017 | 2017-58300540 | |
| 31-12-2015 | full format | 30-03-2017 | 2017-08700088 | |
| 31-12-2014 | full format | 04-12-2015 | 2015-68100432 |