DB PRO 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.
DB PRO CONSTRUCT
Largest movements
- Tangible fixed assets +€257,651
up €257,651 (+53.1%), from €485,490 to €743,141
of which Land and buildings: +€195,734
- Cash -€65,348
down €65,348 (-89.6%), from €72,971 to €7,623
mainly Investment in fixed assets (net) (-€298,435) and Advances received (-€33,000)
- Receivables within one year -€29,750
down €29,750 (-12.9%), from €230,286 to €200,536
of which Trade receivables: -€15,787
- Stocks and contracts +€15,000
new in 2025: €15,000
- Debts after one year +€179,245
up €179,245 (+45.0%), from €398,534 to €577,779
- Advances received -€33,000
no longer reported in 2025 (was €33,000)
- Other debts +€30,360
up €30,360 (+91.1%), from €33,319 to €63,679
- Trade debts -€27,137
down €27,137 (-30.9%), from €87,895 to €60,758
- Current portion of long-term debt +€19,562
up €19,562 (+41.4%), from €47,206 to €66,768
- Gross operating margin -€193,755
down €193,755 (-34.0%), from €569,329 to €375,574
- Staff costs -€101,058
down €101,058 (-25.4%), from €398,063 to €297,005
- Taxes -€25,281
down €25,281 (-90.7%), from €27,869 to €2,588
- Depreciation -€8,162
down €8,162 (-16.7%), from €48,946 to €40,784
- Financial charges +€6,214
up €6,214 (+36.6%), from €16,970 to €23,184
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 | €800,391 | €973,077 | +€172,686 | +21.6% |
| Fixed assets | 21/28 | €485,490 | €743,141 | +€257,651 | +53.1% |
| Tangible fixed assets | 22/27 | €485,490 | €743,141 | +€257,651 | +53.1% |
| Land and buildings | 22 | €391,151 | €586,885 | +€195,734 | +50.0% |
| Plant, machinery and equipment | 23 | €9,600 | €86,642 | +€77,042 | +802.5% |
| Furniture and vehicles | 24 | €84,739 | €69,614 | -€15,125 | -17.8% |
| Current assets | 29/58 | €314,901 | €229,936 | -€84,965 | -27.0% |
| Stocks and contracts in progress | 3 | - | €15,000 | +€15,000 | |
| Contracts in progress | 37 | - | €15,000 | +€15,000 | |
| Amounts receivable within one year | 40/41 | €230,286 | €200,536 | -€29,750 | -12.9% |
| Trade receivables | 40 | €148,516 | €132,729 | -€15,787 | -10.6% |
| Other amounts receivable | 41 | €81,770 | €67,807 | -€13,963 | -17.1% |
| Cash at bank and in hand | 54/58 | €72,971 | €7,623 | -€65,348 | -89.6% |
| Deferred charges and accrued income | 490/1 | €11,644 | €6,777 | -€4,867 | -41.8% |
| Total equity and liabilities | 10/49 | €800,391 | €973,077 | +€172,686 | +21.6% |
| Equity | 10/15 | €158,879 | €164,708 | +€5,829 | +3.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €152,879 | €158,000 | +€5,121 | +3.3% |
| Distributable reserves | 133 | €152,879 | €158,000 | +€5,121 | +3.3% |
| Profit (loss) carried forward | 14 | - | €708 | +€708 | |
| Amounts payable | 17/49 | €641,512 | €808,369 | +€166,857 | +26.0% |
| Amounts payable after more than one year | 17 | €398,534 | €577,779 | +€179,245 | +45.0% |
| Financial debts | 170/4 | €398,534 | €577,779 | +€179,245 | +45.0% |
| Amounts payable within one year | 42/48 | €240,676 | €228,578 | -€12,098 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €47,206 | €66,768 | +€19,562 | +41.4% |
| Trade debts | 44 | €87,895 | €60,758 | -€27,137 | -30.9% |
| Suppliers | 440/4 | €87,895 | €60,758 | -€27,137 | -30.9% |
| Advances received on contracts in progress | 46 | €33,000 | - | -€33,000 | |
| Taxes, remuneration and social security | 45 | €39,256 | €37,373 | -€1,883 | -4.8% |
| Taxes | 450/3 | €31,527 | €34,115 | +€2,588 | +8.2% |
| Remuneration and social security | 454/9 | €7,729 | €3,258 | -€4,471 | -57.8% |
| Other amounts payable | 47/48 | €33,319 | €63,679 | +€30,360 | +91.1% |
| Accrued charges and deferred income | 492/3 | €2,302 | €2,012 | -€290 | -12.6% |
| Remuneration, social security and pensions | 62 | €398,063 | €297,005 | -€101,058 | -25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,946 | €40,784 | -€8,162 | -16.7% |
| Other operating charges | 640/8 | €4,906 | €5,736 | +€830 | +16.9% |
| Non-recurring operating charges | 66A | - | €1,589 | +€1,589 | |
| Gross operating margin | 9900 | €569,329 | €375,574 | -€193,755 | -34.0% |
| Operating profit (loss) | 9901 | €117,414 | €30,460 | -€86,954 | -74.1% |
| Financial income | 75/76B | - | €1,141 | +€1,141 | |
| Recurring financial income | 75 | - | €1,141 | +€1,141 | |
| Financial charges | 65/66B | €16,970 | €23,184 | +€6,214 | +36.6% |
| Recurring financial charges | 65 | €16,970 | €23,184 | +€6,214 | +36.6% |
| Profit (loss) for the period before taxes | 9903 | €100,444 | €8,417 | -€92,027 | -91.6% |
| Income taxes | 67/77 | €27,869 | €2,588 | -€25,281 | -90.7% |
| Profit (loss) for the period | 9904 | €72,575 | €5,829 | -€66,746 | -92.0% |
| Profit (loss) for the period to be appropriated | 9905 | €72,575 | €5,829 | -€66,746 | -92.0% |
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 3 October 2026 via checked.be.