D.A. CONSTRUCT: 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.
D.A. CONSTRUCT
Largest movements
- Cash +€14,271
up €14,271 (+165%), from €8,652 to €22,923
mainly Net result for the year (+€12,637) and Other debts (+€5,873)
- Tangible fixed assets -€1,927
down €1,927 (-15.7%), from €12,276 to €10,349
of which Plant, machinery and equipment: -€3,077
- Receivables within one year +€1,294
up €1,294 (+22.3%), from €5,809 to €7,102
of which Other amounts receivable: +€951
- Deferred charges and accrued income +€619
new in 2025: €619
- Reserves +€12,637
up €12,637 (+612%), from €2,064 to €14,701
- Other debts +€5,873
up €5,873 (+50.3%), from €11,675 to €17,548
- Current portion of long-term debt -€2,875
down €2,875 (-57.6%), from €4,992 to €2,117
- Trade debts +€2,735
up €2,735 (+224%), from €1,219 to €3,954
- Debts after one year -€2,117
no longer reported in 2025 (was €2,117)
- Staff costs -€78,737
down €78,737 (-95.6%), from €82,337 to €3,600
- Gross operating margin -€60,273
down €60,273 (-67.3%), from €89,599 to €29,325
- Taxes +€2,634
up €2,634 (+455%), from €579 to €3,213
- Financial charges -€1,314
down €1,314 (-82.4%), from €1,593 to €280
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 | €26,736 | €40,992 | +€14,256 | +53.3% |
| Fixed assets | 21/28 | €12,276 | €10,349 | -€1,927 | -15.7% |
| Tangible fixed assets | 22/27 | €12,276 | €10,349 | -€1,927 | -15.7% |
| Plant, machinery and equipment | 23 | €12,276 | €9,199 | -€3,077 | -25.1% |
| Furniture and vehicles | 24 | - | €1,150 | +€1,150 | |
| Current assets | 29/58 | €14,460 | €30,644 | +€16,183 | +112% |
| Amounts receivable within one year | 40/41 | €5,809 | €7,102 | +€1,294 | +22.3% |
| Trade receivables | 40 | €2,173 | €2,515 | +€343 | +15.8% |
| Other amounts receivable | 41 | €3,636 | €4,587 | +€951 | +26.2% |
| Cash at bank and in hand | 54/58 | €8,652 | €22,923 | +€14,271 | +165% |
| Deferred charges and accrued income | 490/1 | - | €619 | +€619 | |
| Total equity and liabilities | 10/49 | €26,736 | €40,992 | +€14,256 | +53.3% |
| Equity | 10/15 | €4,064 | €16,701 | +€12,637 | +311% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €2,064 | €14,701 | +€12,637 | +612% |
| Distributable reserves | 133 | €2,064 | €14,701 | +€12,637 | +612% |
| Amounts payable | 17/49 | €22,672 | €24,291 | +€1,619 | +7.1% |
| Amounts payable after more than one year | 17 | €2,117 | - | -€2,117 | |
| Financial debts | 170/4 | €2,117 | - | -€2,117 | |
| Amounts payable within one year | 42/48 | €20,555 | €24,291 | +€3,736 | +18.2% |
| Current portion of amounts payable after more than one year | 42 | €4,992 | €2,117 | -€2,875 | -57.6% |
| Trade debts | 44 | €1,219 | €3,954 | +€2,735 | +224% |
| Suppliers | 440/4 | €1,219 | €3,954 | +€2,735 | +224% |
| Taxes, remuneration and social security | 45 | €2,669 | €671 | -€1,997 | -74.8% |
| Taxes | 450/3 | €1,431 | €671 | -€760 | -53.1% |
| Remuneration and social security | 454/9 | €1,238 | - | -€1,238 | |
| Other amounts payable | 47/48 | €11,675 | €17,548 | +€5,873 | +50.3% |
| Non-recurring operating income | 76A | €5,224 | €1,764 | -€3,460 | -66.2% |
| Remuneration, social security and pensions | 62 | €82,337 | €3,600 | -€78,737 | -95.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,404 | €3,183 | +€778 | +32.4% |
| Other operating charges | 640/8 | €840 | €340 | -€500 | -59.5% |
| Non-recurring operating charges | 66A | - | €6,072 | +€6,072 | |
| Gross operating margin | 9900 | €89,599 | €29,325 | -€60,273 | -67.3% |
| Operating profit (loss) | 9901 | €4,018 | €16,131 | +€12,113 | +301% |
| Financial income | 75/76B | €219 | €0 | -€219 | -100.0% |
| Recurring financial income | 75 | €219 | €0 | -€219 | -100.0% |
| Financial charges | 65/66B | €1,593 | €280 | -€1,314 | -82.4% |
| Recurring financial charges | 65 | €1,593 | €280 | -€1,314 | -82.4% |
| Profit (loss) for the period before taxes | 9903 | €2,643 | €15,851 | +€13,208 | +500% |
| Income taxes | 67/77 | €579 | €3,213 | +€2,634 | +455% |
| Profit (loss) for the period | 9904 | €2,064 | €12,637 | +€10,574 | +512% |
| Profit (loss) for the period to be appropriated | 9905 | €2,064 | €12,637 | +€10,574 | +512% |
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 15 October 2026 via checked.be.