D&R 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&R CONSTRUCT
Largest movements
- Tangible fixed assets +€199,040
up €199,040 (+8,311%), from €2,395 to €201,435
of which Land and buildings: +€199,834
- Cash -€7,337
down €7,337 (-60.4%), from €12,146 to €4,809
mainly Investment in fixed assets (net) (-€200,000) and Net result for the year (-€63,789)
- Debts after one year +€219,875
new in 2025: €219,875
- Profit (loss) carried forward -€63,789
down €63,789, from €32,727 to -€31,062
- Trade debts +€39,604
up €39,604 (+68,283%), from €58 to €39,662
- Tax, wage and social debts -€3,511
down €3,511 (-39.2%), from €8,963 to €5,452
- Gross operating margin -€62,954
down €62,954, from €34,955 to -€27,999
- Other operating charges +€31,042
up €31,042 (+6,159%), from €504 to €31,546
- Taxes -€4,447
down €4,447 (-88.9%), from €5,000 to €553
- Depreciation -€1,371
down €1,371 (-37.6%), from €3,646 to €2,275
- Financial charges +€1,034
up €1,034 (+271%), from €382 to €1,416
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 | €45,609 | €237,468 | +€191,859 | +421% |
| Fixed assets | 21/28 | €8,437 | €206,162 | +€197,725 | +2,344% |
| Intangible fixed assets | 21 | €6,042 | €4,727 | -€1,315 | -21.8% |
| Tangible fixed assets | 22/27 | €2,395 | €201,435 | +€199,040 | +8,311% |
| Land and buildings | 22 | - | €199,834 | +€199,834 | |
| Furniture and vehicles | 24 | €2,395 | €1,601 | -€794 | -33.2% |
| Current assets | 29/58 | €37,172 | €31,306 | -€5,866 | -15.8% |
| Amounts receivable within one year | 40/41 | €25,026 | €26,497 | +€1,471 | +5.9% |
| Trade receivables | 40 | €23,264 | €17,388 | -€5,876 | -25.3% |
| Other amounts receivable | 41 | €1,762 | €9,109 | +€7,347 | +417% |
| Cash at bank and in hand | 54/58 | €12,146 | €4,809 | -€7,337 | -60.4% |
| Total equity and liabilities | 10/49 | €45,609 | €237,468 | +€191,859 | +421% |
| Equity | 10/15 | €36,227 | -€27,562 | -€63,789 | |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,727 | -€31,062 | -€63,789 | |
| Amounts payable | 17/49 | €9,382 | €265,030 | +€255,648 | +2,725% |
| Amounts payable after more than one year | 17 | - | €219,875 | +€219,875 | |
| Financial debts | 170/4 | - | €219,875 | +€219,875 | |
| Amounts payable within one year | 42/48 | €9,382 | €45,155 | +€35,773 | +381% |
| Trade debts | 44 | €58 | €39,662 | +€39,604 | +68,283% |
| Suppliers | 440/4 | €58 | €39,662 | +€39,604 | +68,283% |
| Taxes, remuneration and social security | 45 | €8,963 | €5,452 | -€3,511 | -39.2% |
| Taxes | 450/3 | €8,963 | €5,452 | -€3,511 | -39.2% |
| Other amounts payable | 47/48 | €361 | €41 | -€320 | -88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,646 | €2,275 | -€1,371 | -37.6% |
| Other operating charges | 640/8 | €504 | €31,546 | +€31,042 | +6,159% |
| Gross operating margin | 9900 | €34,955 | -€27,999 | -€62,954 | |
| Operating profit (loss) | 9901 | €30,805 | -€61,820 | -€92,625 | |
| Financial income | 75/76B | €252 | - | -€252 | |
| Recurring financial income | 75 | €252 | - | -€252 | |
| Financial charges | 65/66B | €382 | €1,416 | +€1,034 | +271% |
| Recurring financial charges | 65 | €382 | €1,416 | +€1,034 | +271% |
| Profit (loss) for the period before taxes | 9903 | €30,675 | -€63,236 | -€93,911 | |
| Income taxes | 67/77 | €5,000 | €553 | -€4,447 | -88.9% |
| Profit (loss) for the period | 9904 | €25,675 | -€63,789 | -€89,464 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,675 | -€63,789 | -€89,464 |
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 25 October 2026 via checked.be.