D & C Vastgoed: what changed
Two fiscal 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 & C Vastgoed
Largest movements
- Stocks and contracts +€370,783
up €370,783 (+38.3%), from €967,398 to €1.3m
- Receivables within one year +€245,015
new in 2025: €245,015
- Advances received +€1.2m
new in 2025: €1.2m
- Short-term financial debts -€598,006
no longer reported in 2025 (was €598,006)
- Profit (loss) carried forward -€48,447
down €48,447 (-302.4%), from -€16,021 to -€64,468
- Trade debts +€48,317
up €48,317 (+38.9%), from €124,066 to €172,383
- Accrued charges and deferred income +€19,375
up €19,375 (+167.6%), from €11,562 to €30,937
- Financial charges +€21,446
up €21,446 (+85.6%), from €25,048 to €46,494
- Gross operating margin -€11,648
down €11,648, from €10,524 to -€1,124
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.
Cash bridge derived
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 | €971,260 | €1,598,447 | +€627,186 | +64.6% |
| Formation expenses | 20 | €1,065 | €755 | -€310 | -29.1% |
| Current assets | 29/58 | €970,195 | €1,597,691 | +€627,496 | +64.7% |
| Stocks and contracts in progress | 3 | €967,398 | €1,338,182 | +€370,783 | +38.3% |
| Stocks | 30/36 | €967,398 | €1,338,182 | +€370,783 | +38.3% |
| Amounts receivable within one year | 40/41 | - | €245,015 | +€245,015 | |
| Trade receivables | 40 | - | €245,015 | +€245,015 | |
| Cash at bank and in hand | 54/58 | €2,797 | €14,495 | +€11,698 | +418.2% |
| Total equity and liabilities | 10/49 | €971,260 | €1,598,447 | +€627,186 | +64.6% |
| Equity | 10/15 | -€14,021 | -€62,468 | -€48,447 | -345.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,021 | -€64,468 | -€48,447 | -302.4% |
| Amounts payable | 17/49 | €985,281 | €1,660,915 | +€675,633 | +68.6% |
| Amounts payable within one year | 42/48 | €973,720 | €1,629,978 | +€656,258 | +67.4% |
| Financial debts | 43 | €598,006 | - | -€598,006 | |
| Credit institutions | 430/8 | €598,006 | - | -€598,006 | |
| Trade debts | 44 | €124,066 | €172,383 | +€48,317 | +38.9% |
| Suppliers | 440/4 | €124,066 | €172,383 | +€48,317 | +38.9% |
| Advances received on contracts in progress | 46 | - | €1,194,275 | +€1.2m | |
| Other amounts payable | 47/48 | €251,648 | €263,320 | +€11,673 | +4.6% |
| Accrued charges and deferred income | 492/3 | €11,562 | €30,937 | +€19,375 | +167.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €310 | €310 | = | 0.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €10,524 | -€1,124 | -€11,648 | |
| Operating profit (loss) | 9901 | €9,709 | -€1,953 | -€11,662 | |
| Financial charges | 65/66B | €25,048 | €46,494 | +€21,446 | +85.6% |
| Recurring financial charges | 65 | €25,048 | €46,494 | +€21,446 | +85.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,339 | -€48,447 | -€33,108 | -215.8% |
| Profit (loss) for the period | 9904 | -€15,339 | -€48,447 | -€33,108 | -215.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,339 | -€48,447 | -€33,108 | -215.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.