DC-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.
DC-Construct
Largest movements
- Tangible fixed assets +€66,799
up €66,799 (+210.1%), from €31,789 to €98,588
of which Leasing and similar rights: +€52,993
- Receivables within one year +€65,198
up €65,198 (+510.9%), from €12,761 to €77,958
of which Trade receivables: +€63,109
- Cash +€26,439
up €26,439 (+133.7%), from €19,769 to €46,208
mainly Net result for the year (+€69,473) and Other debts (+€63,312)
- Stocks and contracts -€9,648
no longer reported in 2025 (was €9,648)
- Other debts +€63,312
up €63,312 (+4185.4%), from €1,513 to €64,825
- Debts after one year +€41,367
up €41,367 (+226.1%), from €18,294 to €59,661
- Trade debts +€23,471
up €23,471 (+463.5%), from €5,064 to €28,535
- Current portion of long-term debt +€12,114
up €12,114 (+207.7%), from €5,831 to €17,945
- Tax, wage and social debts +€11,835
up €11,835 (+6888.7%), from €172 to €12,007
of which Taxes: +€11,509
- Gross operating margin +€92,682
up €92,682 (+411.3%), from €22,533 to €115,214
- Taxes +€13,651
up €13,651 (+608.3%), from €2,244 to €15,895
- Staff costs +€11,927
new in 2025: €11,927
- Depreciation +€6,155
up €6,155 (+65.2%), from €9,442 to €15,597
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 | €75,623 | €225,195 | +€149,572 | +197.8% |
| Fixed assets | 21/28 | €31,789 | €98,588 | +€66,799 | +210.1% |
| Tangible fixed assets | 22/27 | €31,789 | €98,588 | +€66,799 | +210.1% |
| Plant, machinery and equipment | 23 | €4,908 | €10,885 | +€5,977 | +121.8% |
| Furniture and vehicles | 24 | €230 | €8,059 | +€7,829 | +3408.6% |
| Leasing and similar rights | 25 | €26,652 | €79,645 | +€52,993 | +198.8% |
| Current assets | 29/58 | €43,834 | €126,607 | +€82,773 | +188.8% |
| Stocks and contracts in progress | 3 | €9,648 | - | -€9,648 | |
| Contracts in progress | 37 | €9,648 | - | -€9,648 | |
| Amounts receivable within one year | 40/41 | €12,761 | €77,958 | +€65,198 | +510.9% |
| Trade receivables | 40 | €9,141 | €72,250 | +€63,109 | +690.4% |
| Other amounts receivable | 41 | €3,620 | €5,708 | +€2,089 | +57.7% |
| Cash at bank and in hand | 54/58 | €19,769 | €46,208 | +€26,439 | +133.7% |
| Deferred charges and accrued income | 490/1 | €1,656 | €2,440 | +€784 | +47.3% |
| Total equity and liabilities | 10/49 | €75,623 | €225,195 | +€149,572 | +197.8% |
| Equity | 10/15 | €44,750 | €42,223 | -€2,527 | -5.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,250 | €39,723 | -€2,527 | -6.0% |
| Amounts payable | 17/49 | €30,873 | €182,973 | +€152,099 | +492.7% |
| Amounts payable after more than one year | 17 | €18,294 | €59,661 | +€41,367 | +226.1% |
| Financial debts | 170/4 | €18,294 | €59,661 | +€41,367 | +226.1% |
| Amounts payable within one year | 42/48 | €12,580 | €123,312 | +€110,732 | +880.2% |
| Current portion of amounts payable after more than one year | 42 | €5,831 | €17,945 | +€12,114 | +207.7% |
| Trade debts | 44 | €5,064 | €28,535 | +€23,471 | +463.5% |
| Suppliers | 440/4 | €5,064 | €28,535 | +€23,471 | +463.5% |
| Taxes, remuneration and social security | 45 | €172 | €12,007 | +€11,835 | +6888.7% |
| Taxes | 450/3 | €172 | €11,681 | +€11,509 | +6699.3% |
| Remuneration and social security | 454/9 | - | €325 | +€325 | |
| Other amounts payable | 47/48 | €1,513 | €64,825 | +€63,312 | +4185.4% |
| Remuneration, social security and pensions | 62 | - | €11,927 | +€11,927 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,442 | €15,597 | +€6,155 | +65.2% |
| Other operating charges | 640/8 | €183 | €149 | -€34 | -18.7% |
| Gross operating margin | 9900 | €22,533 | €115,214 | +€92,682 | +411.3% |
| Operating profit (loss) | 9901 | €12,908 | €87,541 | +€74,634 | +578.2% |
| Financial income | 75/76B | €0 | €1 | +€1 | +1900.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +1900.0% |
| Financial charges | 65/66B | €1,600 | €2,176 | +€576 | +36.0% |
| Recurring financial charges | 65 | €1,600 | €2,176 | +€576 | +36.0% |
| Profit (loss) for the period before taxes | 9903 | €11,308 | €85,367 | +€74,059 | +654.9% |
| Income taxes | 67/77 | €2,244 | €15,895 | +€13,651 | +608.3% |
| Profit (loss) for the period | 9904 | €9,064 | €69,473 | +€60,409 | +666.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,064 | €69,473 | +€60,409 | +666.5% |
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 29 September 2026 via checked.be.