DBD 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.
DBD Construct
Largest movements
- Receivables after one year +€80,000
new in 2023: €80,000
- Receivables within one year -€75,276
down €75,276 (-30.5%), from €246,512 to €171,236
of which Trade receivables: -€52,672
- Cash -€21,626
down €21,626 (-52.4%), from €41,294 to €19,668
- Tangible fixed assets -€10,980
down €10,980 (-10.3%), from €107,110 to €96,131
of which Leasing and similar rights: -€10,493
- Deferred charges and accrued income +€10,691
up €10,691 (+416.3%), from €2,568 to €13,259
- Reserves +€60,585
up €60,585 (+74.4%), from €81,402 to €141,987
of which Distributable reserves: +€60,585
- Trade debts -€40,533
down €40,533 (-77.5%), from €52,276 to €11,743
- Debts after one year -€18,596
down €18,596 (-26.8%), from €69,465 to €50,869
- Current portion of long-term debt -€8,878
down €8,878 (-69.4%), from €12,795 to €3,917
- Tax, wage and social debts -€8,409
down €8,409 (-17.7%), from €47,517 to €39,108
of which Taxes: -€10,440
- Gross operating margin -€34,711
down €34,711 (-37.5%), from €92,546 to €57,835
- Taxes -€9,083
down €9,083 (-43.5%), from €20,882 to €11,800
- Depreciation +€5,871
up €5,871 (+34.6%), from €16,980 to €22,851
- Financial income +€3,200
up €3,200 (+1599900.0%), from €0 to €3,200
From the 2021 result to the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €405,035 | €391,794 | -€13,240 | -3.3% |
| Fixed assets | 21/28 | €108,140 | €97,161 | -€10,980 | -10.2% |
| Tangible fixed assets | 22/27 | €107,110 | €96,131 | -€10,980 | -10.3% |
| Plant, machinery and equipment | 23 | €6,847 | €3,363 | -€3,485 | -50.9% |
| Furniture and vehicles | 24 | €59,402 | €62,400 | +€2,998 | +5.0% |
| Leasing and similar rights | 25 | €40,861 | €30,368 | -€10,493 | -25.7% |
| Financial fixed assets | 28 | €1,030 | €1,030 | = | 0.0% |
| Current assets | 29/58 | €296,894 | €294,634 | -€2,261 | -0.8% |
| Amounts receivable after more than one year | 29 | - | €80,000 | +€80,000 | |
| Other amounts receivable | 291 | - | €80,000 | +€80,000 | |
| Stocks and contracts in progress | 3 | €6,520 | €10,470 | +€3,950 | +60.6% |
| Stocks | 30/36 | €6,520 | €10,470 | +€3,950 | +60.6% |
| Amounts receivable within one year | 40/41 | €246,512 | €171,236 | -€75,276 | -30.5% |
| Trade receivables | 40 | €150,021 | €97,350 | -€52,672 | -35.1% |
| Other amounts receivable | 41 | €96,491 | €73,887 | -€22,604 | -23.4% |
| Cash at bank and in hand | 54/58 | €41,294 | €19,668 | -€21,626 | -52.4% |
| Deferred charges and accrued income | 490/1 | €2,568 | €13,259 | +€10,691 | +416.3% |
| Total equity and liabilities | 10/49 | €405,035 | €391,794 | -€13,240 | -3.3% |
| Equity | 10/15 | €212,073 | €272,658 | +€60,585 | +28.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €81,402 | €141,987 | +€60,585 | +74.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €79,542 | €140,127 | +€60,585 | +76.2% |
| Profit (loss) carried forward | 14 | €124,471 | €124,471 | = | 0.0% |
| Amounts payable | 17/49 | €192,961 | €119,136 | -€73,825 | -38.3% |
| Amounts payable after more than one year | 17 | €69,465 | €50,869 | -€18,596 | -26.8% |
| Financial debts | 170/4 | €69,465 | €50,869 | -€18,596 | -26.8% |
| Amounts payable within one year | 42/48 | €115,176 | €60,768 | -€54,409 | -47.2% |
| Current portion of amounts payable after more than one year | 42 | €12,795 | €3,917 | -€8,878 | -69.4% |
| Trade debts | 44 | €52,276 | €11,743 | -€40,533 | -77.5% |
| Suppliers | 440/4 | €52,276 | €11,743 | -€40,533 | -77.5% |
| Taxes, remuneration and social security | 45 | €47,517 | €39,108 | -€8,409 | -17.7% |
| Taxes | 450/3 | €42,057 | €31,617 | -€10,440 | -24.8% |
| Remuneration and social security | 454/9 | €5,460 | €7,491 | +€2,031 | +37.2% |
| Other amounts payable | 47/48 | €2,587 | €5,999 | +€3,412 | +131.9% |
| Accrued charges and deferred income | 492/3 | €8,321 | €7,500 | -€821 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,980 | €22,851 | +€5,871 | +34.6% |
| Other operating charges | 640/8 | €2,690 | €2,562 | -€127 | -4.7% |
| Gross operating margin | 9900 | €92,546 | €57,835 | -€34,711 | -37.5% |
| Operating profit (loss) | 9901 | €72,877 | €32,422 | -€40,455 | -55.5% |
| Financial income | 75/76B | €0 | €3,200 | +€3,200 | +1599900.0% |
| Recurring financial income | 75 | €0 | €3,200 | +€3,200 | +1599900.0% |
| Financial charges | 65/66B | €870 | - | -€870 | |
| Recurring financial charges | 65 | €870 | - | -€870 | |
| Profit (loss) for the period before taxes | 9903 | €72,008 | €35,622 | -€36,386 | -50.5% |
| Income taxes | 67/77 | €20,882 | €11,800 | -€9,083 | -43.5% |
| Profit (loss) for the period | 9904 | €51,126 | €23,823 | -€27,303 | -53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €51,126 | €23,823 | -€27,303 | -53.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2021 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.