DAMAC 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.
DAMAC CONSTRUCT
Largest movements
- Receivables within one year -€109,655
down €109,655 (-23.1%), from €473,928 to €364,272
of which Other amounts receivable: -€136,061
- Trade debts -€226,479
down €226,479 (-99.3%), from €228,173 to €1,694
- Profit (loss) carried forward +€86,667
up €86,667 (+50.8%), from €170,680 to €257,346
- Tax, wage and social debts +€32,783
up €32,783 (+42.2%), from €77,775 to €110,558
of which Taxes: +€39,679
- Other operating charges +€28,916
up €28,916 (+9592.1%), from €301 to €29,218
- Staff costs +€9,011
up €9,011 (+18.6%), from €48,458 to €57,469
- Gross operating margin +€6,266
up €6,266 (+3.1%), from €202,103 to €208,369
- Financial charges +€3,903
up €3,903 (+98.5%), from €3,961 to €7,864
- Taxes +€3,514
up €3,514 (+8.4%), from €41,791 to €45,305
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 | €479,648 | €372,599 | -€107,049 | -22.3% |
| Fixed assets | 21/28 | €4,044 | €4,871 | +€827 | +20.4% |
| Intangible fixed assets | 21 | - | €1,867 | +€1,867 | |
| Tangible fixed assets | 22/27 | €3,468 | €2,104 | -€1,364 | -39.3% |
| Plant, machinery and equipment | 23 | €3,052 | €2,104 | -€948 | -31.1% |
| Furniture and vehicles | 24 | €416 | - | -€416 | |
| Financial fixed assets | 28 | €576 | €900 | +€324 | +56.2% |
| Current assets | 29/58 | €475,604 | €367,728 | -€107,875 | -22.7% |
| Amounts receivable within one year | 40/41 | €473,928 | €364,272 | -€109,655 | -23.1% |
| Trade receivables | 40 | - | €26,406 | +€26,406 | |
| Other amounts receivable | 41 | €473,928 | €337,866 | -€136,061 | -28.7% |
| Cash at bank and in hand | 54/58 | €160 | €2,197 | +€2,037 | +1272.6% |
| Deferred charges and accrued income | 490/1 | €1,516 | €1,259 | -€257 | -16.9% |
| Total equity and liabilities | 10/49 | €479,648 | €372,599 | -€107,049 | -22.3% |
| Equity | 10/15 | €173,680 | €260,346 | +€86,667 | +49.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €170,680 | €257,346 | +€86,667 | +50.8% |
| Amounts payable | 17/49 | €305,968 | €112,253 | -€193,715 | -63.3% |
| Amounts payable within one year | 42/48 | €305,968 | €112,253 | -€193,715 | -63.3% |
| Trade debts | 44 | €228,173 | €1,694 | -€226,479 | -99.3% |
| Suppliers | 440/4 | €228,173 | €1,694 | -€226,479 | -99.3% |
| Taxes, remuneration and social security | 45 | €77,775 | €110,558 | +€32,783 | +42.2% |
| Taxes | 450/3 | €65,522 | €105,201 | +€39,679 | +60.6% |
| Remuneration and social security | 454/9 | €12,253 | €5,357 | -€6,896 | -56.3% |
| Other amounts payable | 47/48 | €20 | - | -€20 | |
| Non-recurring operating income | 76A | - | €8,643 | +€8,643 | |
| Remuneration, social security and pensions | 62 | €48,458 | €57,469 | +€9,011 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,581 | €2,297 | +€716 | +45.3% |
| Other operating charges | 640/8 | €301 | €29,218 | +€28,916 | +9592.1% |
| Gross operating margin | 9900 | €202,103 | €208,369 | +€6,266 | +3.1% |
| Operating profit (loss) | 9901 | €151,762 | €119,385 | -€32,377 | -21.3% |
| Financial income | 75/76B | €18,111 | €20,450 | +€2,339 | +12.9% |
| Recurring financial income | 75 | €18,111 | €20,450 | +€2,339 | +12.9% |
| Financial charges | 65/66B | €3,961 | €7,864 | +€3,903 | +98.5% |
| Recurring financial charges | 65 | €3,961 | €7,864 | +€3,903 | +98.5% |
| Profit (loss) for the period before taxes | 9903 | €165,912 | €131,972 | -€33,941 | -20.5% |
| Income taxes | 67/77 | €41,791 | €45,305 | +€3,514 | +8.4% |
| Profit (loss) for the period | 9904 | €124,121 | €86,667 | -€37,455 | -30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €124,121 | €86,667 | -€37,455 | -30.2% |
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 6 October 2026 via checked.be.