DCA: 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.
What changed
DCA
NACE 41.001, General construction of residential buildings
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€3.1m
2023 · €3.5m-€6.6m
Equity
€15.6m
2023 · €18.7m-€3.1m
Cash
€1.8m
2023 · €1.2m+€584,719
Balance sheet total
€175.8m
2023 · €181.8m-€6.0m
Largest movements
Assets
- Receivables within one year -€12.7m
down €12.7m (-15.4%), from €82.4m to €69.8m
of which Trade receivables: -€10.4m
- Stocks and contracts +€7.2m
up €7.2m (+8.8%), from €82.4m to €89.6m
of which Contracts in progress: +€7.9m
Equity and liabilities
- Short-term financial debts -€14.2m
down €14.2m (-22.9%), from €62.0m to €47.7m
- Other debts +€9.8m
up €9.8m (+42.2%), from €23.1m to €32.9m
- Advances received +€7.4m
up €7.4m (+135.5%), from €5.5m to €12.9m
- Trade debts -€7.2m
down €7.2m (-13.2%), from €54.2m to €47.0m
- Reserves -€3.1m
down €3.1m (-17.6%), from €17.6m to €14.5m
of which Distributable reserves: -€2.4m
Income statement
- Turnover -€165.0m
down €165.0m (-68.8%), from €239.9m to €75.0m
- Goods and materials -€85.4m
down €85.4m (-44.4%), from €192.2m to €106.8m
of which Purchases: -€87.9m
- Services and other goods -€13.3m
down €13.3m (-35.0%), from €38.0m to €24.7m
- Staff costs -€12.7m
down €12.7m (-44.7%), from €28.5m to €15.8m
From the 2023 result to the 2024 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.
Result 2023
€3.5m
Turnover
-€165.0m
Other operating income
-€1.7m
Goods and materials
+€85.4m
Services and other goods
+€13.3m
Staff costs
+€12.7m
Depreciation
+€1.7m
Provisions
+€165,017
Other operating charges
+€2.3m
Other operating items
+€41.5m
Financial income
-€1.0m
Financial charges
+€2.1m
Taxes
+€1.9m
Result 2024
-€3.1m
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€16.1m
Investment
-€10,486
Financing
-€15.5m
Cash 2023
€1.2m
From operations (derived)
+€16.1m
Net result for the year
-€3.1m
Depreciation
+€836,886
Receivables after one year
+€256,963
Stocks and contracts
-€7.2m
Receivables within one year
+€12.7m
Deferred charges and accrued income
+€84,079
Provisions
+€146,483
Trade debts
-€7.2m
Tax, wage and social debts
+€2.5m
Advances received
+€7.4m
Other debts
+€9.8m
Accrued charges and deferred income
-€72,129
Investment (derived)
-€10,486
Investment in fixed assets (net)
-€10,486
Financing
-€15.5m
Debts after one year
-€773,341
Current portion of long-term debt
-€517,948
Short-term financial debts
-€14.2m
Cash 2024
€1.8m
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €181,815,863 | €175,791,157 | -€6.0m | -3.3% |
| Fixed assets | 21/28 | €13,867,074 | €13,040,675 | -€826,399 | -6.0% |
| Intangible fixed assets | 21 | €5,997 | €4,152 | -€1,845 | -30.8% |
| Tangible fixed assets | 22/27 | €10,474,560 | €9,907,091 | -€567,469 | -5.4% |
| Land and buildings | 22 | €9,786,486 | €9,277,838 | -€508,648 | -5.2% |
| Plant, machinery and equipment | 23 | €271,559 | €203,452 | -€68,107 | -25.1% |
| Furniture and vehicles | 24 | €219,665 | €133,307 | -€86,358 | -39.3% |
| Leasing and similar rights | 25 | €196,850 | €292,494 | +€95,644 | +48.6% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €3,386,517 | €3,129,433 | -€257,085 | -7.6% |
| Affiliated companies | 280/1 | €2,485,837 | €2,895,837 | +€410,000 | +16.5% |
| Participating interests | 280 | €285,837 | €695,837 | +€410,000 | +143.4% |
| Amounts receivable | 281 | €2,200,000 | €2,200,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €900,680 | €233,596 | -€667,085 | -74.1% |
| Shares | 284 | €7,500 | €7,500 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €893,180 | €226,096 | -€667,085 | -74.7% |
| Current assets | 29/58 | €167,948,789 | €162,750,482 | -€5.2m | -3.1% |
| Amounts receivable after more than one year | 29 | €1,022,605 | €765,642 | -€256,963 | -25.1% |
| Other amounts receivable | 291 | €1,022,605 | €765,642 | -€256,963 | -25.1% |
| Stocks and contracts in progress | 3 | €82,370,699 | €89,591,374 | +€7.2m | +8.8% |
| Stocks | 30/36 | €1,940,463 | €1,308,231 | -€632,232 | -32.6% |
| Raw materials and consumables | 30/31 | €1,735,463 | €1,103,231 | -€632,232 | -36.4% |
| Property held for sale | 35 | €205,000 | €205,000 | = | 0.0% |
| Contracts in progress | 37 | €80,430,236 | €88,283,144 | +€7.9m | +9.8% |
| Amounts receivable within one year | 40/41 | €82,438,550 | €69,775,891 | -€12.7m | -15.4% |
| Trade receivables | 40 | €44,409,383 | €34,036,429 | -€10.4m | -23.4% |
| Other amounts receivable | 41 | €38,029,167 | €35,739,462 | -€2.3m | -6.0% |
| Cash at bank and in hand | 54/58 | €1,205,492 | €1,790,211 | +€584,719 | +48.5% |
| Deferred charges and accrued income | 490/1 | €911,442 | €827,363 | -€84,079 | -9.2% |
| Total equity and liabilities | 10/49 | €181,815,863 | €175,791,157 | -€6.0m | -3.3% |
| Equity | 10/15 | €18,683,544 | €15,584,943 | -€3.1m | -16.6% |
| Contributions | 10/11 | €1,052,888 | €1,052,888 | = | 0.0% |
| Capital | 10 | €1,049,917 | €1,049,917 | = | 0.0% |
| Issued capital | 100 | €1,049,917 | €1,049,917 | = | 0.0% |
| Outside capital | 11 | €2,971 | €2,971 | = | 0.0% |
| Share premium | 1100/10 | €2,971 | €2,971 | = | 0.0% |
| Reserves | 13 | €17,630,656 | €14,532,056 | -€3.1m | -17.6% |
| Non-distributable reserves | 130/1 | €104,992 | €104,992 | = | 0.0% |
| Legal reserve | 130 | €104,992 | €104,992 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,062,362 | €337,362 | -€725,000 | -68.2% |
| Distributable reserves | 133 | €16,463,302 | €14,089,702 | -€2.4m | -14.4% |
| Provisions and deferred taxes | 16 | €311,500 | €457,983 | +€146,483 | +47.0% |
| Provisions for liabilities and charges | 160/5 | €311,500 | €457,983 | +€146,483 | +47.0% |
| Other liabilities and charges | 164/5 | €311,500 | €457,983 | +€146,483 | +47.0% |
| Amounts payable | 17/49 | €162,820,820 | €159,748,231 | -€3.1m | -1.9% |
| Amounts payable after more than one year | 17 | €11,991,462 | €11,218,122 | -€773,341 | -6.4% |
| Financial debts | 170/4 | €11,991,462 | €11,218,122 | -€773,341 | -6.4% |
| Subordinated loans | 170 | €4,000,000 | €4,000,000 | = | 0.0% |
| Leasing and similar obligations | 172 | €251,842 | €267,800 | +€15,957 | +6.3% |
| Credit institutions | 173 | €7,739,620 | €6,950,322 | -€789,298 | -10.2% |
| Amounts payable within one year | 42/48 | €150,722,796 | €148,495,676 | -€2.2m | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €1,876,784 | €1,358,836 | -€517,948 | -27.6% |
| Financial debts | 43 | €61,958,370 | €47,742,260 | -€14.2m | -22.9% |
| Credit institutions | 430/8 | €61,958,370 | €47,742,260 | -€14.2m | -22.9% |
| Trade debts | 44 | €54,151,872 | €46,978,397 | -€7.2m | -13.2% |
| Suppliers | 440/4 | €54,151,872 | €46,978,397 | -€7.2m | -13.2% |
| Advances received on contracts in progress | 46 | €5,467,805 | €12,877,170 | +€7.4m | +135.5% |
| Taxes, remuneration and social security | 45 | €4,141,913 | €6,652,501 | +€2.5m | +60.6% |
| Taxes | 450/3 | €2,161,430 | €5,038,986 | +€2.9m | +133.1% |
| Remuneration and social security | 454/9 | €1,980,482 | €1,613,515 | -€366,967 | -18.5% |
| Other amounts payable | 47/48 | €23,126,052 | €32,886,511 | +€9.8m | +42.2% |
| Accrued charges and deferred income | 492/3 | €106,562 | €34,433 | -€72,129 | -67.7% |
| Operating income | 70/76A | €274,704,158 | €157,970,492 | -€116.7m | -42.5% |
| Turnover | 70 | €239,947,386 | €74,965,756 | -€165.0m | -68.8% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €22,799,988 | €75,353,412 | +€52.6m | +230.5% |
| Own construction capitalised | 72 | €2,556,103 | €0 | -€2.6m | -100.0% |
| Other operating income | 74 | €9,194,625 | €7,525,450 | -€1.7m | -18.2% |
| Non-recurring operating income | 76A | €206,056 | €125,874 | -€80,182 | -38.9% |
| Operating charges | 60/66A | €264,182,289 | €157,032,496 | -€107.1m | -40.6% |
| Goods for resale, raw materials and consumables | 60 | €192,232,024 | €106,811,138 | -€85.4m | -44.4% |
| Purchases | 600/8 | €190,714,374 | €102,774,774 | -€87.9m | -46.1% |
| Change in stocks: decrease (increase) | 609 | €1,517,650 | €4,036,364 | +€2.5m | +166.0% |
| Services and other goods | 61 | €37,954,005 | €24,673,733 | -€13.3m | -35.0% |
| Remuneration, social security and pensions | 62 | €28,541,367 | €15,795,386 | -€12.7m | -44.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,527,718 | €836,886 | -€1.7m | -66.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €311,500 | €146,483 | -€165,017 | -53.0% |
| Other operating charges | 640/8 | €2,603,207 | €315,987 | -€2.3m | -87.9% |
| Non-recurring operating charges | 66A | €12,467 | €8,452,884 | +€8.4m | +67702.1% |
| Operating profit (loss) | 9901 | €10,521,869 | €937,995 | -€9.6m | -91.1% |
| Financial income | 75/76B | €2,358,361 | €1,328,120 | -€1.0m | -43.7% |
| Recurring financial income | 75 | €2,358,361 | €1,328,120 | -€1.0m | -43.7% |
| Income from current assets | 751 | €2,346,048 | €1,309,545 | -€1.0m | -44.2% |
| Other financial income | 752/9 | €12,313 | €18,576 | +€6,262 | +50.9% |
| Financial charges | 65/66B | €7,431,449 | €5,342,005 | -€2.1m | -28.1% |
| Recurring financial charges | 65 | €7,431,449 | €5,342,005 | -€2.1m | -28.1% |
| Debt charges | 650 | €5,215,361 | €3,927,035 | -€1.3m | -24.7% |
| Other financial charges | 652/9 | €2,216,088 | €1,414,970 | -€801,118 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | €5,448,781 | -€3,075,890 | -€8.5m | |
| Income taxes | 67/77 | €1,921,877 | €22,711 | -€1.9m | -98.8% |
| Taxes | 670/3 | €1,925,493 | €23,297 | -€1.9m | -98.8% |
| Tax adjustments and reversals of tax provisions | 77 | €3,616 | €586 | -€3,030 | -83.8% |
| Profit (loss) for the period | 9904 | €3,526,905 | -€3,098,601 | -€6.6m | |
| Transfer from tax-exempt reserves | 789 | €712,000 | €725,000 | +€13,000 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,238,905 | -€2,373,601 | -€6.6m |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.