DS CONSTRUCT
Annual accounts 2025
full format, filed on 30-09-2026, 61 days lateMoney flows
of every €100 of turnover, €34.55 remains as profit in 2025Balance sheet
balance sheet total €6.8m on 31-12-2025in €m
in euro
Position in the sector
57.3%
Higher than 66% of 5,810 companies in 2025.
1.03
Higher than 43% of 5,561 companies in 2025.
5.7%
Higher than 79% of 5,784 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
6.8m | 6.9m | 6.6m | 5.5m | 5.4m | 4.6m | 3.7m | 3.5m | 2.9m | 2.4m | 2.5m | 2.4m | 2.0m | 1.8m | 1.8m | 980,253 | 947,822 | 971,497 | 935,351 | |
21/28 |
4.6m | 4.5m | 3.9m | 3.3m | 3.1m | 2.3m | 2.4m | 2.1m | 2.1m | 2.2m | 2.1m | 1.8m | 1.7m | 1.7m | 1.7m | 916,858 | 904,930 | 873,380 | 852,771 | |
22/27 |
3.4m | 3.3m | 2.8m | 2.3m | 2.1m | 1.4m | 1.5m | 1.2m | 1.2m | 1.3m | 1.2m | 922,083 | 792,765 | 805,724 | 823,964 | 11,996 | - | - | - | |
22 |
3.3m | 3.2m | 2.7m | 2.2m | 2.0m | 1.4m | 1.5m | 1.2m | 1.2m | 1.3m | 1.1m | 893,406 | 776,705 | 795,003 | 813,301 | - | - | - | - | |
23 |
65,911 | 107,181 | 148,451 | 90,947 | 115,217 | 992 | 1,984 | 3,248 | 4,693 | 5,545 | 13,329 | 21,316 | 7,020 | - | - | - | - | - | - | |
24 |
- | - | - | - | - | - | - | - | - | - | 348 | 696 | 1,043 | 1,391 | - | - | - | - | - | |
26 |
- | - | - | - | - | - | 0 | 1,333 | 2,666 | 3,999 | 5,332 | 6,665 | 7,997 | 9,330 | 10,663 | 11,996 | - | - | - | |
28 |
1.2m | 1.2m | 1.0m | 1.0m | 1.0m | 898,300 | 898,300 | 898,300 | 898,300 | 898,300 | 902,300 | 902,300 | 902,300 | 898,300 | 904,862 | 904,862 | 904,930 | 873,380 | 852,771 | |
280/1 |
1.2m | 1.2m | 1.0m | 1.0m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
280 |
1.2m | 1.2m | 1.0m | 1.0m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
2.2m | 2.5m | 2.7m | 2.2m | 2.2m | 2.3m | 1.4m | 1.4m | 803,629 | 236,767 | 455,501 | 529,105 | 301,699 | 108,256 | 57,539 | 63,394 | 42,892 | 98,118 | 82,580 | |
3 |
2.0m | 2.0m | 2.0m | 1.8m | 1.8m | 1.9m | 1.1m | 1.3m | 492,690 | 219,018 | 418,837 | 479,731 | 279,012 | 50,000 | - | - | - | - | - | |
30/36 |
2.0m | 2.0m | 2.0m | 1.8m | 1.8m | 1.9m | 1.1m | 1.3m | 492,690 | 219,018 | 418,837 | 479,731 | 279,012 | 50,000 | - | - | - | - | - | |
35 |
2.0m | 2.0m | 2.0m | 1.8m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
109,758 | 372,736 | 485,948 | 387,458 | 369,706 | 172,914 | 20,770 | 55,800 | 28,399 | 4,140 | 19,000 | - | 375 | 22,854 | 15,450 | 18,150 | - | 95,750 | 77,600 | |
40 |
31,097 | 45,826 | 222,818 | 88,235 | 55,283 | 172,914 | 20,268 | 23,455 | 27,683 | 4,140 | 19,000 | - | - | 18,150 | - | 18,150 | - | 90,750 | 72,600 | |
41 |
78,661 | 326,910 | 263,130 | 299,223 | 314,423 | 0 | 503 | 32,346 | 716 | - | - | - | 375 | 4,704 | 15,450 | - | - | 5,000 | 5,000 | |
54/58 |
29,547 | 68,067 | 233,514 | 45,374 | 52,188 | 230,195 | 114,509 | 42,691 | 279,968 | 7,114 | 7,147 | 31,706 | 3,442 | 12,196 | 14,436 | 13,034 | 6,007 | 825 | 2,431 | |
490/1 |
14,647 | 15,194 | 9,587 | 15,126 | 7,397 | 0 | 125,303 | 1,541 | 2,572 | 6,495 | 10,517 | 17,668 | 18,870 | 23,206 | 27,652 | 32,211 | 36,885 | 1,543 | 2,549 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
6.8m | 6.9m | 6.6m | 5.5m | 5.4m | 4.6m | 3.7m | 3.5m | 2.9m | 2.4m | 2.5m | 2.4m | 2.0m | 1.8m | 1.8m | 980,253 | 947,822 | 971,497 | 935,351 | |
10/15 |
3.9m | 3.7m | 3.7m | 3.5m | 2.5m | 2.1m | 1.3m | 1.1m | 1.0m | 787,187 | 639,177 | 575,014 | 444,470 | 342,547 | 315,597 | 777,695 | 715,536 | 652,717 | 582,730 | |
10/11 |
96,000 | 96,000 | 96,000 | 96,000 | 96,000 | 96,000 | 96,000 | 96,000 | 96,000 | 96,000 | 96,000 | 96,000 | 96,000 | 96,000 | 96,000 | 120,000 | 120,000 | 120,000 | 120,000 | |
100 |
- | - | - | - | - | - | 96,000 | 96,000 | 96,000 | 96,000 | 96,000 | 96,000 | 96,000 | 96,000 | 96,000 | 120,000 | 120,000 | 120,000 | 120,000 | |
13 |
3.8m | 3.6m | 3.6m | 3.4m | 2.4m | 2.0m | 1.2m | 978,517 | 949,095 | 691,187 | 543,177 | 479,014 | 348,470 | 246,547 | 219,597 | 657,695 | 595,536 | 532,717 | 462,730 | |
130/1 |
- | - | - | 12,000 | 12,000 | 12,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | |
1311 |
- | - | - | 12,000 | 12,000 | 12,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | 0 | 408 | 408 | 408 | 263 | 171 | 83 | - | - | - | - | - | - | - | - | |
133 |
3.8m | 3.6m | 3.6m | 3.4m | 2.4m | 2.0m | 1.2m | 966,109 | 936,832 | 679,016 | 531,095 | 467,014 | 336,470 | 234,547 | 207,597 | 645,695 | 583,536 | 520,717 | 450,730 | |
17/49 |
2.9m | 3.3m | 2.9m | 2.0m | 2.8m | 2.5m | 2.5m | 2.4m | 1.9m | 1.6m | 1.9m | 1.8m | 1.6m | 1.5m | 1.5m | 202,557 | 232,286 | 318,780 | 352,621 | |
17 |
734,169 | 1.7m | 1.5m | 876,194 | 1.1m | 850,184 | 688,422 | 546,133 | 649,283 | 752,433 | 643,083 | 450,400 | 478,550 | 506,700 | 534,850 | 5,834 | 75,833 | 145,833 | 215,833 | |
170/4 |
734,169 | 1.7m | 1.5m | 876,194 | 1.1m | 848,184 | 686,422 | 546,133 | 649,283 | 752,433 | 643,083 | 450,400 | 478,550 | 506,700 | 534,850 | 5,834 | 75,833 | 145,833 | 215,833 | |
173 |
734,169 | 1.7m | 1.5m | 876,194 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
178/9 |
- | - | - | - | 2,000 | 2,000 | 2,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
42/48 |
2.1m | 1.5m | 1.4m | 1.1m | 1.7m | 1.6m | 1.7m | 1.8m | 1.2m | 895,646 | 1.2m | 1.3m | 889,656 | 932,687 | 929,703 | 195,236 | 155,013 | 172,700 | 136,788 | |
42 |
1.2m | 193,362 | 221,788 | 205,287 | 203,800 | 172,971 | 131,169 | 107,317 | 103,150 | 103,150 | 53,150 | 28,150 | 28,150 | 28,150 | 33,983 | 70,000 | 70,000 | 70,000 | 70,000 | |
43 |
37,155 | 503,936 | 498,000 | 318,000 | 338,000 | 358,000 | 154,417 | 457,703 | 180,000 | 200,000 | 420,000 | 440,000 | 260,000 | - | - | - | - | - | - | |
430/8 |
37,155 | 503,936 | 498,000 | 318,000 | 338,000 | 358,000 | 154,417 | 457,703 | 180,000 | 200,000 | 420,000 | 440,000 | 260,000 | - | - | - | - | - | - | |
44 |
96,933 | 8,162 | 519,096 | 11,895 | 8,420 | 248 | 4,029 | 2,520 | 1,596 | 572 | 746 | 1,143 | 178,118 | 7,016 | 322 | 340 | 535 | 1,652 | 3,749 | |
440/4 |
96,933 | 8,162 | 519,096 | 11,895 | 8,420 | 248 | 4,029 | 2,520 | 1,596 | 572 | 746 | 1,143 | 178,118 | 7,016 | 322 | 340 | 535 | 1,652 | 3,749 | |
46 |
- | - | - | - | 0 | 9,300 | 871 | - | - | 29,750 | 30,000 | 17,250 | - | - | 18,150 | - | - | - | - | |
45 |
21,305 | 168,404 | 128,524 | 20,211 | 12,318 | 174,534 | 40,960 | 143,557 | 137,932 | 85,983 | 26,179 | 79,597 | 54,437 | 1,995 | 5,380 | 19,962 | 42,255 | 86,581 | 61,239 | |
450/3 |
21,305 | 168,404 | 128,524 | 20,211 | 8,568 | 163,284 | 33,460 | 139,807 | 134,707 | 75,258 | 16,504 | 79,597 | 47,986 | 1,995 | 5,380 | 14,801 | 42,255 | 83,985 | 61,239 | |
454/9 |
- | - | - | - | 3,750 | 11,250 | 7,500 | 3,750 | 3,225 | 10,725 | 9,675 | - | 6,451 | - | - | 5,162 | - | 2,596 | - | |
47/48 |
788,874 | 658,611 | - | 574,087 | 1.1m | 896,872 | 1.4m | 1.1m | 787,234 | 476,191 | 700,509 | 730,034 | 368,951 | 895,526 | 871,868 | 104,933 | 42,223 | 14,467 | 1,800 | |
492/3 |
26,898 | 5,829 | 13,799 | 4,634 | 42,074 | 39,261 | 54,385 | 36,174 | 39,899 | 1,217 | 2,773 | 31,899 | 184,088 | 30,346 | 6,214 | 1,488 | 1,440 | 247 | - | |
| Income statement | ||||||||||||||||||||
70/76A |
1.5m | 625,481 | 2.2m | 921,661 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
70 |
1.1m | 625,287 | 1.6m | 651,661 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
74 |
400,000 | 194 | 503,000 | 270,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
76A |
- | - | 17,396 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
- | - | - | - | 268,654 | 537,856 | 466,280 | 190,270 | 614,270 | 391,376 | 257,502 | 310,158 | 292,720 | 114,971 | 82,006 | 98,961 | 102,917 | 114,609 | 141,656 | |
60/66A |
910,389 | 506,264 | 1.2m | 519,132 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
60 |
413,915 | 144,901 | 837,992 | 223,134 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
600/8 |
448,941 | 183,763 | 1.0m | 186,675 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
609 |
-35,026 | -38,862 | -179,221 | 36,459 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
61 |
273,428 | 165,697 | 233,175 | 159,209 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
630 |
187,959 | 157,145 | 120,862 | 110,530 | 68,926 | 52,882 | 75,818 | 55,882 | 64,117 | 79,457 | 97,845 | 48,888 | 24,659 | 19,979 | 44,474 | 1,333 | - | - | - | |
640/8 |
35,087 | 38,521 | 32,742 | 26,258 | 27,288 | 62,134 | 24,366 | 38,170 | 57,250 | 12,481 | 3,354 | 15,551 | 63,177 | 3,064 | 1,083 | 1,409 | 1,029 | 348 | 348 | |
9901 |
602,300 | 119,217 | 941,013 | 402,529 | 172,440 | 422,839 | 366,096 | 96,219 | 492,903 | 299,438 | 156,302 | 245,719 | 204,885 | 91,929 | 36,449 | 96,219 | 101,888 | 114,262 | 141,308 | |
75/76B |
4,268 | 5,646 | 3 | 699,230 | 418,669 | 599,400 | 0 | 37 | - | 1,050 | 35 | 553 | 60 | 16 | 106 | 290 | 3 | 2 | 390,052 | |
75 |
4,268 | 5,646 | 3 | 699,230 | 418,669 | 599,400 | 0 | 37 | - | 1,050 | 35 | 553 | 60 | 16 | 106 | 290 | 3 | 2 | 390,052 | |
750 |
- | - | - | 699,230 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
751 |
4,268 | 5,646 | 3 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
752/9 |
- | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
92,908 | 93,584 | 64,198 | 25,186 | 58,560 | 58,674 | 72,899 | 55,631 | 60,288 | 55,476 | 54,545 | 55,260 | 53,070 | 54,696 | 9,088 | 6,672 | 10,874 | 12,930 | 14,773 | |
65 |
92,908 | 93,584 | 64,198 | 25,186 | 58,560 | 58,674 | 72,899 | 55,631 | 60,288 | 55,476 | 54,545 | 55,260 | 53,070 | 54,696 | 9,088 | 6,672 | 10,874 | 12,930 | 14,773 | |
650 |
88,404 | 90,173 | 61,102 | 24,307 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
652/9 |
4,504 | 3,410 | 3,096 | 879 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
513,660 | 31,279 | 876,818 | 1.1m | 532,549 | 963,565 | 293,197 | 40,625 | 432,615 | 245,013 | 101,792 | 191,011 | 151,875 | 37,248 | 27,467 | 89,837 | 91,016 | 101,334 | 516,586 | |
67/77 |
129,189 | 8,266 | 225,335 | 94,526 | 64,509 | 167,859 | 97,157 | 11,203 | 174,707 | 97,003 | 37,629 | 60,467 | 49,952 | 10,299 | 9,566 | 27,677 | 28,198 | 31,346 | 53,856 | |
670/3 |
129,189 | 8,266 | 225,335 | 94,526 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9904 |
384,471 | 23,013 | 651,484 | 982,047 | 468,040 | 795,706 | 196,040 | 29,422 | 257,908 | 148,009 | 64,163 | 130,544 | 101,923 | 26,949 | 17,902 | 62,160 | 62,818 | 69,987 | 462,730 | |
789 |
- | - | - | - | 408 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | 0 | 145 | 92 | 88 | 83 | - | - | - | - | - | - | - | - | |
9905 |
384,471 | 23,013 | 651,484 | 982,047 | 468,448 | 795,706 | 196,040 | 29,277 | 257,816 | 147,921 | 64,081 | 130,544 | 101,923 | 26,949 | 17,902 | 62,160 | 62,818 | 69,987 | 462,730 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
384,471 | 23,013 | 651,484 | 982,047 | 468,448 | 795,706 | 196,040 | 29,277 | 257,816 | 147,921 | 64,081 | 130,544 | 101,923 | 26,949 | 17,902 | 62,160 | 62,818 | 69,987 | 462,730 | |
791/2 |
196,040 | 29,277 | 469,818 | - | - | - | - | - | - | - | - | - | - | - | 382,098 | - | - | - | - | |
792 |
196,040 | 29,277 | 469,818 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
384,471 | 23,013 | 651,484 | 982,047 | 468,448 | 795,706 | 196,040 | 29,277 | 257,816 | 147,921 | 64,081 | 130,544 | 101,923 | 26,949 | - | 62,160 | 62,818 | 69,987 | 462,730 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,000 | |
6921 |
384,471 | 23,013 | 651,484 | 982,047 | 468,448 | 795,706 | 196,040 | 29,277 | 257,816 | 147,921 | 64,081 | 130,544 | 101,923 | 26,949 | - | 62,160 | 62,818 | 69,987 | 450,730 | |
694/7 |
196,040 | 29,277 | 469,818 | - | - | - | - | - | - | - | - | - | - | - | 400,000 | - | - | - | - | |
694 |
196,040 | 29,277 | 469,818 | - | - | - | - | - | - | - | - | - | - | - | 400,000 | - | - | - | - | |
| Document | ||||||||||||||||||||
The notes to these accounts have 44 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00541172.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 30-09-2026 | 2026-00541172 | |
| 31-12-2024 | full format | 11-07-2025 | 2025-00272730 | |
| 31-12-2023 | full format | 19-07-2024 | 2024-00287604 | |
| 31-12-2022 | full format | 30-08-2023 | 2023-00373917 | |
| 31-12-2021 | abbreviated format | 24-06-2022 | 2022-20090215 | |
| 31-12-2020 | abbreviated format | 30-06-2021 | 2021-27600322 | |
| 31-12-2019 | abbreviated format | 26-06-2020 | 2020-21100223 | |
| 31-12-2018 | abbreviated format | 17-06-2019 | 2019-18900334 | |
| 31-12-2017 | abbreviated format | 25-06-2018 | 2018-22500061 | |
| 31-12-2016 | abbreviated format | 27-06-2017 | 2017-22300388 | |
| 31-12-2015 | abbreviated format | 24-06-2016 | 2016-22100211 | |
| 31-12-2014 | abbreviated format | 30-06-2015 | 2015-24700264 | |
| 31-12-2013 | abbreviated format | 20-06-2014 | 2014-19700092 | |
| 31-12-2012 | abbreviated format | 28-06-2013 | 2013-23900054 | |
| 31-12-2011 | abbreviated format | 29-06-2012 | 2012-23600276 | |
| 31-12-2010 | abbreviated format | 24-06-2011 | 2011-20700255 | |
| 31-12-2009 | abbreviated format | 21-06-2010 | 2010-20200519 | |
| 31-12-2008 | abbreviated format | 16-06-2009 | 2009-23800394 | |
| 31-12-2007 | abbreviated format | 17-06-2008 | 2008-24100032 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 790,258 | 276,362 | 1.1m | 513,059 | 241,366 | 475,722 | 441,914 | 152,101 | 557,020 | 378,895 | 254,148 | 294,607 | 229,543 | 111,908 | 80,923 | 97,552 | - | - | - | ||
| 572,429 | 180,158 | 772,346 | 1.1m | 536,965 | 848,589 | 271,858 | 85,304 | 322,025 | 227,466 | 162,009 | 179,432 | 126,582 | 46,928 | 62,376 | 63,493 | - | - | - | ||
| 277,121 | 877,733 | 798,876 | 292,588 | 876,452 | 0 | 356,397 | 0 | 4,961 | 214,333 | 321,839 | 178,205 | 15,700 | 1,739 | 856,442 | 13,329 | 31,619 | 20,609 | 852,771 | ||
| -38,520 | -165,447 | 188,140 | -6,814 | -178,007 | 115,686 | 71,818 | -237,277 | 272,853 | -33 | -24,559 | 28,264 | -8,754 | -2,241 | 1,403 | 7,027 | 5,182 | -1,607 | - | ||
| 54,629 | 918,346 | 1.3m | 1.1m | 539,956 | 643,333 | -351,894 | -427,855 | -406,283 | -658,880 | -775,083 | -767,069 | -587,957 | -824,431 | -872,165 | -131,841 | -112,121 | -74,582 | -54,207 | ||
| 54.1% | 19.1% | 57.2% | 61.8% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 57.3% | 53.1% | 56.4% | 63.6% | 47.3% | 45.2% | 34.0% | 31.1% | 35.5% | 32.3% | 25.4% | 24.4% | 22.3% | 18.9% | 17.7% | 79.3% | 75.5% | 67.2% | 62.3% | ||
| 1.03 | 1.60 | 1.96 | 1.97 | 1.32 | 1.40 | 0.80 | 0.76 | 0.66 | 0.26 | 0.37 | 0.41 | 0.34 | 0.12 | 0.06 | 0.32 | 0.28 | 0.57 | 0.60 | ||
| 0.07 | 0.30 | 0.53 | 0.40 | 0.25 | 0.25 | 0.15 | 0.06 | 0.26 | 0.02 | 0.03 | 0.04 | 0.03 | 0.06 | 0.06 | 0.32 | 0.28 | 0.57 | 0.60 | ||
| 0.74 | 0.88 | 0.77 | 0.57 | 1.12 | 1.21 | 1.94 | 2.22 | 1.82 | 2.10 | 2.94 | 3.09 | 3.49 | 4.29 | 4.66 | 0.26 | 0.32 | 0.49 | 0.61 | ||
| 9.9% | 0.6% | 17.6% | 27.9% | 18.5% | 38.5% | 15.4% | 2.7% | 24.7% | 18.8% | 10.0% | 22.7% | 22.9% | 7.9% | 5.7% | 8.0% | 8.8% | 10.7% | 79.4% | ||
| 5.7% | 0.3% | 9.9% | 17.8% | 8.7% | 17.4% | 5.3% | 0.9% | 8.8% | 6.1% | 2.6% | 5.5% | 5.1% | 1.5% | 1.0% | 6.3% | 6.6% | 7.2% | 49.5% | ||
| 8.94 | 3.06 | 17.38 | 21.11 | 4.12 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 10 days | 27 days | 49 days | 49 days | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 51 days | 10 days | 177 days | 11 days | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €2.0m | €1.9m | €2.2m | €1.1m | €1.6m |
| Mortgages, amount registered | €152,500 | €152,500 | €152,500 | €152,500 | €125,000 |
| €2.9m | €3.2m | €2.9m | €2.9m | €2.2m | |
| Carrying value of the mortgaged assets | €4.3m | €4.0m | €3.9m | €2.6m | €2.0m |
| - | - | - | - | €898,300 | |
| Carrying value of the other pledged assets | €1.6m | €1.6m | €1.6m | €1.6m | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €277,121 | €627,233 | €798,876 | €292,588 | €726,452 |
| Financial fixed assets | - | €250,500 | - | - | €150,000 |
| €187,959 | €157,145 | €120,862 | €110,530 | €68,926 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on DS CONSTRUCT
The operating result for 2025 is nearly 5.1 times that of 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 46.9% to 42.7%. Equity is higher and debt is lower.
- 2022 Net result +110% on 2021. The accounts now follow the full format, last year the abbreviated format.