D.R.D. 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.
D.R.D. Construct
Largest movements
- Cash +€199,274
up €199,274 (+36.1%), from €552,238 to €751,512
mainly Other debts (+€750,000) and Net result for the year (+€370,909)
- Tangible fixed assets -€64,691
down €64,691 (-3.2%), from €2.0m to €1.9m
of which Land and buildings: -€64,691
- Other debts +€750,000
up €750,000 (+317044.3%), from €237 to €750,237
- Profit (loss) carried forward -€379,091
down €379,091 (-25.3%), from €1.5m to €1.1m
- Debts after one year -€271,000
down €271,000 (-40.0%), from €677,500 to €406,500
- Tax, wage and social debts +€31,145
up €31,145 (+110.7%), from €28,146 to €59,291
- Gross operating margin +€35,665
up €35,665 (+6.2%), from €572,824 to €608,490
- Taxes +€9,155
up €9,155 (+7.9%), from €115,282 to €124,437
- Financial income -€7,369
down €7,369 (-57.9%), from €12,730 to €5,361
- Financial charges -€7,360
down €7,360 (-24.7%), from €29,747 to €22,387
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 | €2,611,120 | €2,742,640 | +€131,520 | +5.0% |
| Fixed assets | 21/28 | €2,000,916 | €1,936,225 | -€64,691 | -3.2% |
| Tangible fixed assets | 22/27 | €2,000,916 | €1,936,225 | -€64,691 | -3.2% |
| Land and buildings | 22 | €2,000,916 | €1,936,225 | -€64,691 | -3.2% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €610,204 | €806,415 | +€196,211 | +32.2% |
| Amounts receivable within one year | 40/41 | €11,008 | €7,945 | -€3,063 | -27.8% |
| Trade receivables | 40 | €11,008 | €7,945 | -€3,063 | -27.8% |
| Cash at bank and in hand | 54/58 | €552,238 | €751,512 | +€199,274 | +36.1% |
| Deferred charges and accrued income | 490/1 | €46,958 | €46,958 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,611,120 | €2,742,640 | +€131,520 | +5.0% |
| Equity | 10/15 | €1,574,008 | €1,194,917 | -€379,091 | -24.1% |
| 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 | €13,646 | €13,646 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €7,446 | €7,446 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,498,361 | €1,119,270 | -€379,091 | -25.3% |
| Provisions and deferred taxes | 16 | €54,903 | €54,903 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €54,903 | €54,903 | = | 0.0% |
| Environmental obligations | 163 | €54,903 | €54,903 | = | 0.0% |
| Amounts payable | 17/49 | €982,209 | €1,492,820 | +€510,611 | +52.0% |
| Amounts payable after more than one year | 17 | €677,500 | €406,500 | -€271,000 | -40.0% |
| Financial debts | 170/4 | €677,500 | €406,500 | -€271,000 | -40.0% |
| Amounts payable within one year | 42/48 | €299,851 | €1,081,282 | +€781,431 | +260.6% |
| Current portion of amounts payable after more than one year | 42 | €271,000 | €271,000 | = | 0.0% |
| Trade debts | 44 | €469 | €755 | +€286 | +61.0% |
| Suppliers | 440/4 | €469 | €755 | +€286 | +61.0% |
| Taxes, remuneration and social security | 45 | €28,146 | €59,291 | +€31,145 | +110.7% |
| Taxes | 450/3 | €28,146 | €59,291 | +€31,145 | +110.7% |
| Other amounts payable | 47/48 | €237 | €750,237 | +€750,000 | +317044.3% |
| Accrued charges and deferred income | 492/3 | €4,858 | €5,037 | +€180 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,691 | €64,691 | = | 0.0% |
| Other operating charges | 640/8 | €30,471 | €31,427 | +€956 | +3.1% |
| Gross operating margin | 9900 | €572,824 | €608,490 | +€35,665 | +6.2% |
| Operating profit (loss) | 9901 | €477,662 | €512,372 | +€34,710 | +7.3% |
| Financial income | 75/76B | €12,730 | €5,361 | -€7,369 | -57.9% |
| Recurring financial income | 75 | €12,730 | €5,361 | -€7,369 | -57.9% |
| Financial charges | 65/66B | €29,747 | €22,387 | -€7,360 | -24.7% |
| Recurring financial charges | 65 | €29,747 | €22,387 | -€7,360 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €460,644 | €495,346 | +€34,701 | +7.5% |
| Income taxes | 67/77 | €115,282 | €124,437 | +€9,155 | +7.9% |
| Profit (loss) for the period | 9904 | €345,362 | €370,909 | +€25,546 | +7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €345,362 | €370,909 | +€25,546 | +7.4% |
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 4 October 2026 via checked.be.