D & V Woonprojecten: 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 & V Woonprojecten
Largest movements
- Stocks and contracts -€1.3m
down €1.3m (-48.5%), from €2.8m to €1.4m
- Current investments +€200,000
new in 2025: €200,000
- Other debts -€1.7m
down €1.7m (-80.0%), from €2.1m to €424,787
- Reserves +€448,339
up €448,339 (+79.7%), from €562,292 to €1.0m
- Tax, wage and social debts +€193,145
up €193,145 (+96572670.0%), from €0 to €193,146
of which Taxes: +€193,146
- Trade debts -€122,154
down €122,154 (-55.9%), from €218,586 to €96,432
- Gross operating margin +€341,210
up €341,210 (+129.3%), from €263,791 to €605,001
- Taxes +€95,063
up €95,063 (+159.7%), from €59,535 to €154,598
- Staff costs -€31,020
no longer reported in 2025 (was €31,020)
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 | €2,923,003 | €1,743,595 | -€1.2m | -40.3% |
| Fixed assets | 21/28 | €8,859 | €4,803 | -€4,056 | -45.8% |
| Tangible fixed assets | 22/27 | €8,859 | €4,803 | -€4,056 | -45.8% |
| Land and buildings | 22 | €205 | €423 | +€217 | +105.9% |
| Plant, machinery and equipment | 23 | €3,808 | €1,297 | -€2,511 | -65.9% |
| Furniture and vehicles | 24 | €4,846 | €3,084 | -€1,762 | -36.4% |
| Current assets | 29/58 | €2,914,144 | €1,738,793 | -€1.2m | -40.3% |
| Stocks and contracts in progress | 3 | €2,765,377 | €1,423,868 | -€1.3m | -48.5% |
| Contracts in progress | 37 | €2,765,377 | €1,423,868 | -€1.3m | -48.5% |
| Amounts receivable within one year | 40/41 | €22,209 | €11,327 | -€10,882 | -49.0% |
| Trade receivables | 40 | €393 | - | -€393 | |
| Other amounts receivable | 41 | €21,816 | €11,327 | -€10,489 | -48.1% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €126,559 | €103,597 | -€22,962 | -18.1% |
| Total equity and liabilities | 10/49 | €2,923,003 | €1,743,595 | -€1.2m | -40.3% |
| Equity | 10/15 | €580,892 | €1,029,232 | +€448,339 | +77.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €562,292 | €1,010,632 | +€448,339 | +79.7% |
| Distributable reserves | 133 | €562,292 | €1,010,632 | +€448,339 | +79.7% |
| Amounts payable | 17/49 | €2,342,111 | €714,364 | -€1.6m | -69.5% |
| Amounts payable within one year | 42/48 | €2,342,111 | €714,364 | -€1.6m | -69.5% |
| Trade debts | 44 | €218,586 | €96,432 | -€122,154 | -55.9% |
| Suppliers | 440/4 | €218,586 | €96,432 | -€122,154 | -55.9% |
| Taxes, remuneration and social security | 45 | €0 | €193,146 | +€193,145 | +96572670.0% |
| Taxes | 450/3 | - | €193,146 | +€193,146 | |
| Remuneration and social security | 454/9 | €0 | - | -€0 | |
| Other amounts payable | 47/48 | €2,123,525 | €424,787 | -€1.7m | -80.0% |
| Non-recurring operating income | 76A | - | €1,459 | +€1,459 | |
| Remuneration, social security and pensions | 62 | €31,020 | - | -€31,020 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,070 | €4,514 | -€5,555 | -55.2% |
| Other operating charges | 640/8 | €2,103 | €1,836 | -€268 | -12.7% |
| Non-recurring operating charges | 66A | - | €4,000 | +€4,000 | |
| Gross operating margin | 9900 | €263,791 | €605,001 | +€341,210 | +129.3% |
| Operating profit (loss) | 9901 | €220,597 | €594,651 | +€374,054 | +169.6% |
| Financial income | 75/76B | €18,464 | €15,127 | -€3,338 | -18.1% |
| Recurring financial income | 75 | €18,464 | €15,127 | -€3,338 | -18.1% |
| Financial charges | 65/66B | €2,595 | €6,841 | +€4,246 | +163.6% |
| Recurring financial charges | 65 | €2,595 | €6,841 | +€4,246 | +163.6% |
| Profit (loss) for the period before taxes | 9903 | €236,467 | €602,937 | +€366,470 | +155.0% |
| Income taxes | 67/77 | €59,535 | €154,598 | +€95,063 | +159.7% |
| Profit (loss) for the period | 9904 | €176,932 | €448,339 | +€271,408 | +153.4% |
| Profit (loss) for the period to be appropriated | 9905 | €176,932 | €448,339 | +€271,408 | +153.4% |
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 12 October 2026 via checked.be.