DAS 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.
DAS CONSTRUCT
Largest movements
- Receivables within one year -€5,046
down €5,046 (-15.0%), from €33,538 to €28,492
of which Trade receivables: -€2,567
- Tangible fixed assets -€4,229
down €4,229 (-19.4%), from €21,848 to €17,619
- Cash -€2,985
down €2,985 (-63.6%), from €4,696 to €1,711
mainly Net result for the year (-€10,877) and Debts after one year (-€6,088)
- Profit (loss) carried forward -€10,877
down €10,877, from €801 to -€10,076
- Debts after one year -€6,088
down €6,088 (-43.4%), from €14,043 to €7,955
- Other debts +€4,017
up €4,017 (+45.1%), from €8,910 to €12,927
- Trade debts +€963
up €963 (+51.2%), from €1,880 to €2,843
- Gross operating margin -€14,597
down €14,597, from €9,749 to -€4,849
- Taxes -€1,209
no longer reported in 2025 (was €1,209)
- Other operating charges +€155
up €155 (+22.8%), from €680 to €835
- Financial charges -€148
down €148 (-13.3%), from €1,114 to €966
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 | €65,966 | €54,141 | -€11,825 | -17.9% |
| Fixed assets | 21/28 | €21,848 | €17,619 | -€4,229 | -19.4% |
| Tangible fixed assets | 22/27 | €21,848 | €17,619 | -€4,229 | -19.4% |
| Plant, machinery and equipment | 23 | €21,848 | €17,619 | -€4,229 | -19.4% |
| Current assets | 29/58 | €44,118 | €36,522 | -€7,596 | -17.2% |
| Stocks and contracts in progress | 3 | €4,250 | €4,250 | = | 0.0% |
| Stocks | 30/36 | €4,250 | €4,250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,538 | €28,492 | -€5,046 | -15.0% |
| Trade receivables | 40 | €17,836 | €15,270 | -€2,567 | -14.4% |
| Other amounts receivable | 41 | €15,701 | €13,222 | -€2,479 | -15.8% |
| Cash at bank and in hand | 54/58 | €4,696 | €1,711 | -€2,985 | -63.6% |
| Deferred charges and accrued income | 490/1 | €1,634 | €2,068 | +€435 | +26.6% |
| Total equity and liabilities | 10/49 | €65,966 | €54,141 | -€11,825 | -17.9% |
| Equity | 10/15 | €34,004 | €23,127 | -€10,877 | -32.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €27,003 | €27,003 | = | 0.0% |
| Distributable reserves | 133 | €27,003 | €27,003 | = | 0.0% |
| Profit (loss) carried forward | 14 | €801 | -€10,076 | -€10,877 | |
| Amounts payable | 17/49 | €31,962 | €31,014 | -€948 | -3.0% |
| Amounts payable after more than one year | 17 | €14,043 | €7,955 | -€6,088 | -43.4% |
| Financial debts | 170/4 | €14,043 | €7,955 | -€6,088 | -43.4% |
| Amounts payable within one year | 42/48 | €17,918 | €23,059 | +€5,140 | +28.7% |
| Current portion of amounts payable after more than one year | 42 | €5,853 | €6,088 | +€235 | +4.0% |
| Trade debts | 44 | €1,880 | €2,843 | +€963 | +51.2% |
| Suppliers | 440/4 | €1,880 | €2,843 | +€963 | +51.2% |
| Taxes, remuneration and social security | 45 | €1,275 | €1,200 | -€75 | -5.9% |
| Taxes | 450/3 | €1,275 | €1,200 | -€75 | -5.9% |
| Other amounts payable | 47/48 | €8,910 | €12,927 | +€4,017 | +45.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,229 | €4,229 | = | 0.0% |
| Other operating charges | 640/8 | €680 | €835 | +€155 | +22.8% |
| Gross operating margin | 9900 | €9,749 | -€4,849 | -€14,597 | |
| Operating profit (loss) | 9901 | €4,840 | -€9,912 | -€14,752 | |
| Financial income | 75/76B | €1 | €1 | +€0 | +28.6% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +28.6% |
| Financial charges | 65/66B | €1,114 | €966 | -€148 | -13.3% |
| Recurring financial charges | 65 | €1,114 | €966 | -€148 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €3,727 | -€10,877 | -€14,605 | |
| Income taxes | 67/77 | €1,209 | - | -€1,209 | |
| Profit (loss) for the period | 9904 | €2,519 | -€10,877 | -€13,396 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,519 | -€10,877 | -€13,396 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.