D & G Projects: what changed
D & G Projects
Largest movements
- Receivables within one year +€7,141
up €7,141 (+42.3%), from €16,881 to €24,022
of which Trade receivables: +€11,017
- Tangible fixed assets -€5,030
down €5,030 (-32.8%), from €15,325 to €10,296
of which Furniture and vehicles: -€3,205
- Cash +€1,391
up €1,391 (+1.4%), from €95,956 to €97,346
mainly Net result for the year (+€23,240) and Depreciation (+€5,030)
- Reserves +€8,647
up €8,647 (+7.5%), from €114,617 to €123,264
of which Distributable reserves: +€8,647
- Tax, wage and social debts -€5,559
down €5,559 (-81.9%), from €6,791 to €1,232
- Gross operating margin +€11,224
up €11,224 (+40.3%), from €27,844 to €39,068
- Taxes +€3,876
up €3,876 (+69.6%), from €5,570 to €9,446
- Depreciation -€2,173
down €2,173 (-30.2%), from €7,203 to €5,030
- Staff costs -€1,658
no longer reported in 2025 (was €1,658)
- Other operating charges -€689
down €689 (-34.7%), from €1,987 to €1,298
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,654 | €134,350 | +€3,695 | +2.8% |
| Fixed assets | 21/28 | €15,325 | €10,296 | -€5,030 | -32.8% |
| Tangible fixed assets | 22/27 | €15,325 | €10,296 | -€5,030 | -32.8% |
| Land and buildings | 22 | €2,939 | €1,692 | -€1,248 | -42.4% |
| Plant, machinery and equipment | 23 | €1,199 | €622 | -€577 | -48.1% |
| Furniture and vehicles | 24 | €11,187 | €7,982 | -€3,205 | -28.6% |
| Current assets | 29/58 | €115,329 | €124,054 | +€8,725 | +7.6% |
| Amounts receivable within one year | 40/41 | €16,881 | €24,022 | +€7,141 | +42.3% |
| Trade receivables | 40 | €12,451 | €23,468 | +€11,017 | +88.5% |
| Other amounts receivable | 41 | €4,430 | €554 | -€3,876 | -87.5% |
| Cash at bank and in hand | 54/58 | €95,956 | €97,346 | +€1,391 | +1.4% |
| Deferred charges and accrued income | 490/1 | €2,493 | €2,686 | +€193 | +7.8% |
| Total equity and liabilities | 10/49 | €130,654 | €134,350 | +€3,695 | +2.8% |
| Equity | 10/15 | €117,407 | €126,054 | +€8,647 | +7.4% |
| Contributions | 10/11 | €2,790 | €2,790 | = | 0.0% |
| Reserves | 13 | €114,617 | €123,264 | +€8,647 | +7.5% |
| Tax-exempt reserves | 132 | €4,612 | €4,612 | = | 0.0% |
| Distributable reserves | 133 | €110,005 | €118,652 | +€8,647 | +7.9% |
| Amounts payable | 17/49 | €13,248 | €8,296 | -€4,952 | -37.4% |
| Amounts payable within one year | 42/48 | €13,248 | €8,296 | -€4,952 | -37.4% |
| Trade debts | 44 | €254 | €448 | +€194 | +76.4% |
| Suppliers | 440/4 | €254 | €448 | +€194 | +76.4% |
| Taxes, remuneration and social security | 45 | €6,791 | €1,232 | -€5,559 | -81.9% |
| Taxes | 450/3 | €6,791 | €1,232 | -€5,559 | -81.9% |
| Other amounts payable | 47/48 | €6,203 | €6,615 | +€413 | +6.7% |
| Remuneration, social security and pensions | 62 | €1,658 | - | -€1,658 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,203 | €5,030 | -€2,173 | -30.2% |
| Other operating charges | 640/8 | €1,987 | €1,298 | -€689 | -34.7% |
| Gross operating margin | 9900 | €27,844 | €39,068 | +€11,224 | +40.3% |
| Operating profit (loss) | 9901 | €16,996 | €32,740 | +€15,744 | +92.6% |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.3% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.3% |
| Financial charges | 65/66B | €72 | €54 | -€18 | -24.7% |
| Recurring financial charges | 65 | €72 | €54 | -€18 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €16,927 | €32,686 | +€15,759 | +93.1% |
| Income taxes | 67/77 | €5,570 | €9,446 | +€3,876 | +69.6% |
| Profit (loss) for the period | 9904 | €11,357 | €23,240 | +€11,883 | +105% |
| Profit (loss) for the period to be appropriated | 9905 | €11,357 | €23,240 | +€11,883 | +105% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.