D.E. CONSTRUCTIONS: 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.E. CONSTRUCTIONS
Largest movements
- Receivables within one year +€129,145
up €129,145 (+151.6%), from €85,190 to €214,335
of which Other amounts receivable: +€110,556
- Stocks and contracts +€46,936
up €46,936 (+12.0%), from €392,719 to €439,655
- Cash +€44,918
up €44,918 (+36.9%), from €121,575 to €166,492
mainly Net result for the year (+€197,873) and Short-term financial debts (+€120,000)
- Reserves +€197,873
up €197,873 (+30.6%), from €646,127 to €844,000
of which Distributable reserves: +€197,873
- Other debts -€139,682
down €139,682 (-50.0%), from €279,140 to €139,458
- Short-term financial debts +€120,000
new in 2025: €120,000
- Advances received +€22,990
up €22,990 (+211.1%), from €10,890 to €33,880
- Tax, wage and social debts +€20,822
up €20,822 (+202.0%), from €10,307 to €31,129
of which Taxes: +€17,720
- Financial income +€97,156
up €97,156 (+185660.8%), from €52 to €97,209
- Taxes +€62,979
up €62,979 (+229.7%), from €27,422 to €90,401
- Gross operating margin -€12,869
down €12,869 (-4.9%), from €263,311 to €250,441
- Other operating charges -€10,283
down €10,283 (-52.2%), from €19,706 to €9,424
- Depreciation +€5,384
up €5,384 (+35.3%), from €15,273 to €20,657
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 | €1,140,149 | €1,369,504 | +€229,355 | +20.1% |
| Fixed assets | 21/28 | €170,240 | €178,023 | +€7,783 | +4.6% |
| Tangible fixed assets | 22/27 | €62,799 | €65,582 | +€2,783 | +4.4% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €62,799 | €65,582 | +€2,783 | +4.4% |
| Financial fixed assets | 28 | €107,441 | €112,441 | +€5,000 | +4.7% |
| Current assets | 29/58 | €969,909 | €1,191,481 | +€221,571 | +22.8% |
| Amounts receivable after more than one year | 29 | €250,000 | €250,000 | = | 0.0% |
| Other amounts receivable | 291 | €250,000 | €250,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €392,719 | €439,655 | +€46,936 | +12.0% |
| Stocks | 30/36 | €392,719 | €439,655 | +€46,936 | +12.0% |
| Amounts receivable within one year | 40/41 | €85,190 | €214,335 | +€129,145 | +151.6% |
| Trade receivables | 40 | €4,983 | €23,572 | +€18,589 | +373.1% |
| Other amounts receivable | 41 | €80,207 | €190,763 | +€110,556 | +137.8% |
| Current investments | 50/53 | €120,000 | €120,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €121,575 | €166,492 | +€44,918 | +36.9% |
| Deferred charges and accrued income | 490/1 | €426 | €999 | +€573 | +134.3% |
| Total equity and liabilities | 10/49 | €1,140,149 | €1,369,504 | +€229,355 | +20.1% |
| Equity | 10/15 | €708,127 | €906,326 | +€198,199 | +28.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €646,127 | €844,000 | +€197,873 | +30.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €639,927 | €837,800 | +€197,873 | +30.9% |
| Profit (loss) carried forward | 14 | - | €326 | +€326 | |
| Amounts payable | 17/49 | €432,022 | €463,177 | +€31,155 | +7.2% |
| Amounts payable after more than one year | 17 | €116,140 | €124,374 | +€8,234 | +7.1% |
| Financial debts | 170/4 | €116,140 | €124,374 | +€8,234 | +7.1% |
| Amounts payable within one year | 42/48 | €315,882 | €338,803 | +€22,921 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €13,097 | €12,500 | -€597 | -4.6% |
| Financial debts | 43 | - | €120,000 | +€120,000 | |
| Credit institutions | 430/8 | - | €120,000 | +€120,000 | |
| Trade debts | 44 | €2,449 | €1,837 | -€612 | -25.0% |
| Suppliers | 440/4 | €2,449 | €1,837 | -€612 | -25.0% |
| Advances received on contracts in progress | 46 | €10,890 | €33,880 | +€22,990 | +211.1% |
| Taxes, remuneration and social security | 45 | €10,307 | €31,129 | +€20,822 | +202.0% |
| Taxes | 450/3 | €8,672 | €26,391 | +€17,720 | +204.3% |
| Remuneration and social security | 454/9 | €1,635 | €4,738 | +€3,103 | +189.8% |
| Other amounts payable | 47/48 | €279,140 | €139,458 | -€139,682 | -50.0% |
| Non-recurring operating income | 76A | €14,876 | €65,972 | +€51,096 | +343.5% |
| Remuneration, social security and pensions | 62 | €17,584 | €22,426 | +€4,841 | +27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,273 | €20,657 | +€5,384 | +35.3% |
| Other operating charges | 640/8 | €19,706 | €9,424 | -€10,283 | -52.2% |
| Non-recurring operating charges | 66A | €67,880 | €932 | -€66,948 | -98.6% |
| Gross operating margin | 9900 | €263,311 | €250,441 | -€12,869 | -4.9% |
| Operating profit (loss) | 9901 | €142,868 | €197,003 | +€54,135 | +37.9% |
| Financial income | 75/76B | €52 | €97,209 | +€97,156 | +185660.8% |
| Recurring financial income | 75 | €52 | €97,209 | +€97,156 | +185660.8% |
| Financial charges | 65/66B | €8,181 | €5,937 | -€2,244 | -27.4% |
| Recurring financial charges | 65 | €8,181 | €5,937 | -€2,244 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €134,739 | €288,275 | +€153,535 | +114.0% |
| Income taxes | 67/77 | €27,422 | €90,401 | +€62,979 | +229.7% |
| Profit (loss) for the period | 9904 | €107,317 | €197,873 | +€90,556 | +84.4% |
| Profit (loss) for the period to be appropriated | 9905 | €107,317 | €197,873 | +€90,556 | +84.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.