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D & G CONSTRUCT: 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.

What changed

D & G CONSTRUCT

BE 0656.480.261
NACE 43.990, Other specialised construction activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€37,040
2023 · €70,479-€33,439
Equity
€362,480
2023 · €325,440+€37,040
Cash
€141,580
2023 · €52,640+€88,940
Balance sheet total
€993,768
2023 · €635,218+€358,551

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€173,794

    up €173,794 (+33.3%), from €522,007 to €695,801

    of which Trade receivables: +€182,822

  • Tangible fixed assets +€104,366

    up €104,366 (+221.3%), from €47,163 to €151,529

    of which Furniture and vehicles: +€105,707

  • Cash +€88,940

    up €88,940 (+169.0%), from €52,640 to €141,580

    mainly Trade debts (+€141,803) and Debts after one year (+€137,646)

Equity and liabilities
  • Trade debts +€141,803

    up €141,803 (+60.5%), from €234,326 to €376,129

  • Debts after one year +€137,646

    new in 2024: €137,646

  • Reserves +€37,040

    up €37,040 (+11.6%), from €318,860 to €355,900

    of which Distributable reserves: +€37,040

  • Accrued charges and deferred income +€33,825

    new in 2024: €33,825

Income statement
  • Gross operating margin -€38,342

    down €38,342 (-27.7%), from €138,587 to €100,246

  • Taxes -€18,184

    down €18,184 (-49.0%), from €37,122 to €18,938

  • Depreciation +€13,855

    up €13,855 (+56.1%), from €24,684 to €38,539

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €70,479
Gross operating margin -€38,342
Depreciation -€13,855
Other operating charges +€594
Financial charges -€20
Taxes +€18,184
Result 2024 €37,040

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€91,901
Investment -€142,905
Financing +€139,944
Cash 2023 €52,640
Net result for the year +€37,040
Depreciation +€38,539
Receivables within one year -€173,794
Deferred charges and accrued income +€8,549
Trade debts +€141,803
Tax, wage and social debts +€5,938
Accrued charges and deferred income +€33,825
Investment in fixed assets (net) -€142,905
Debts after one year +€137,646
Current portion of long-term debt +€2,299
Cash 2024 €141,580
Every line side by side 42 lines
Line Code 2023 2024 Change %
Total assets 20/58 €635,218 €993,768 +€358,551 +56.4%
Fixed assets 21/28 €49,515 €153,881 +€104,366 +210.8%
Tangible fixed assets 22/27 €47,163 €151,529 +€104,366 +221.3%
Plant, machinery and equipment 23 €2,788 €1,447 -€1,341 -48.1%
Furniture and vehicles 24 €44,375 €150,082 +€105,707 +238.2%
Financial fixed assets 28 €2,352 €2,352 = 0.0%
Current assets 29/58 €585,703 €839,887 +€254,184 +43.4%
Amounts receivable within one year 40/41 €522,007 €695,801 +€173,794 +33.3%
Trade receivables 40 €435,893 €618,715 +€182,822 +41.9%
Other amounts receivable 41 €86,114 €77,086 -€9,028 -10.5%
Cash at bank and in hand 54/58 €52,640 €141,580 +€88,940 +169.0%
Deferred charges and accrued income 490/1 €11,055 €2,506 -€8,549 -77.3%
Total equity and liabilities 10/49 €635,218 €993,768 +€358,551 +56.4%
Equity 10/15 €325,440 €362,480 +€37,040 +11.4%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €318,860 €355,900 +€37,040 +11.6%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Distributable reserves 133 €317,000 €354,040 +€37,040 +11.7%
Profit (loss) carried forward 14 €380 €380 = 0.0%
Amounts payable 17/49 €309,777 €631,288 +€321,511 +103.8%
Amounts payable after more than one year 17 - €137,646 +€137,646
Financial debts 170/4 - €137,646 +€137,646
Amounts payable within one year 42/48 €309,777 €459,818 +€150,040 +48.4%
Current portion of amounts payable after more than one year 42 €13,162 €15,461 +€2,299 +17.5%
Trade debts 44 €234,326 €376,129 +€141,803 +60.5%
Suppliers 440/4 €234,326 €376,129 +€141,803 +60.5%
Taxes, remuneration and social security 45 €55,910 €61,849 +€5,938 +10.6%
Taxes 450/3 €53,818 €59,756 +€5,938 +11.0%
Remuneration and social security 454/9 €2,092 €2,092 = 0.0%
Other amounts payable 47/48 €6,380 €6,380 = 0.0%
Accrued charges and deferred income 492/3 - €33,825 +€33,825
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €24,684 €38,539 +€13,855 +56.1%
Other operating charges 640/8 €4,489 €3,895 -€594 -13.2%
Gross operating margin 9900 €138,587 €100,246 -€38,342 -27.7%
Operating profit (loss) 9901 €109,415 €57,812 -€51,603 -47.2%
Financial charges 65/66B €1,814 €1,834 +€20 +1.1%
Recurring financial charges 65 €1,814 €1,834 +€20 +1.1%
Profit (loss) for the period before taxes 9903 €107,601 €55,978 -€51,623 -48.0%
Income taxes 67/77 €37,122 €18,938 -€18,184 -49.0%
Profit (loss) for the period 9904 €70,479 €37,040 -€33,439 -47.4%
Profit (loss) for the period to be appropriated 9905 €70,479 €37,040 -€33,439 -47.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.