DDG 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.
DDG Construct
Largest movements
- Stocks and contracts +€107,757
new in 2025: €107,757
- Receivables within one year +€67,612
up €67,612 (+143.0%), from €47,297 to €114,910
of which Trade receivables: +€58,368
- Intangible fixed assets -€12,000
down €12,000 (-26.7%), from €44,942 to €32,942
- Tangible fixed assets +€4,148
up €4,148 (+9.9%), from €41,999 to €46,148
of which Furniture and vehicles: +€8,280
- Deferred charges and accrued income +€3,395
up €3,395 (+612.1%), from €555 to €3,949
- Trade debts +€130,613
up €130,613 (+403.3%), from €32,388 to €163,001
- Profit (loss) carried forward -€60,312
down €60,312, from €38,248 to -€22,064
- Short-term financial debts +€50,446
up €50,446 (+285.6%), from €17,665 to €68,112
- Other debts +€39,707
up €39,707 (+4215.5%), from €942 to €40,649
- Debts after one year +€10,081
up €10,081 (+54.3%), from €18,580 to €28,662
- Gross operating margin -€88,713
down €88,713 (-83.3%), from €106,501 to €17,788
- Staff costs +€19,136
up €19,136 (+69.4%), from €27,563 to €46,699
- Taxes -€9,258
down €9,258 (-96.1%), from €9,637 to €379
- Financial charges +€1,520
up €1,520 (+83.2%), from €1,828 to €3,348
- Depreciation -€1,096
down €1,096 (-4.0%), from €27,519 to €26,423
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €134,793 | €305,706 | +€170,912 | +126.8% |
| Fixed assets | 21/28 | €86,942 | €79,090 | -€7,852 | -9.0% |
| Intangible fixed assets | 21 | €44,942 | €32,942 | -€12,000 | -26.7% |
| Tangible fixed assets | 22/27 | €41,999 | €46,148 | +€4,148 | +9.9% |
| Plant, machinery and equipment | 23 | €8,894 | €4,762 | -€4,132 | -46.5% |
| Furniture and vehicles | 24 | €33,106 | €41,386 | +€8,280 | +25.0% |
| Current assets | 29/58 | €47,852 | €226,615 | +€178,764 | +373.6% |
| Stocks and contracts in progress | 3 | - | €107,757 | +€107,757 | |
| Stocks | 30/36 | - | €107,757 | +€107,757 | |
| Amounts receivable within one year | 40/41 | €47,297 | €114,910 | +€67,612 | +143.0% |
| Trade receivables | 40 | €38,239 | €96,607 | +€58,368 | +152.6% |
| Other amounts receivable | 41 | €9,058 | €18,302 | +€9,244 | +102.1% |
| Deferred charges and accrued income | 490/1 | €555 | €3,949 | +€3,395 | +612.1% |
| Total equity and liabilities | 10/49 | €134,793 | €305,706 | +€170,912 | +126.8% |
| Equity | 10/15 | €41,248 | -€19,064 | -€60,312 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,248 | -€22,064 | -€60,312 | |
| Amounts payable | 17/49 | €93,546 | €324,770 | +€231,224 | +247.2% |
| Amounts payable after more than one year | 17 | €18,580 | €28,662 | +€10,081 | +54.3% |
| Financial debts | 170/4 | €18,580 | €28,662 | +€10,081 | +54.3% |
| Amounts payable within one year | 42/48 | €74,965 | €295,987 | +€221,022 | +294.8% |
| Current portion of amounts payable after more than one year | 42 | €5,391 | €9,666 | +€4,275 | +79.3% |
| Financial debts | 43 | €17,665 | €68,112 | +€50,446 | +285.6% |
| Credit institutions | 430/8 | €17,665 | €68,112 | +€50,446 | +285.6% |
| Trade debts | 44 | €32,388 | €163,001 | +€130,613 | +403.3% |
| Suppliers | 440/4 | €32,388 | €163,001 | +€130,613 | +403.3% |
| Taxes, remuneration and social security | 45 | €18,579 | €14,560 | -€4,019 | -21.6% |
| Taxes | 450/3 | €12,812 | €11,606 | -€1,206 | -9.4% |
| Remuneration and social security | 454/9 | €5,767 | €2,954 | -€2,814 | -48.8% |
| Other amounts payable | 47/48 | €942 | €40,649 | +€39,707 | +4215.5% |
| Accrued charges and deferred income | 492/3 | - | €122 | +€122 | |
| Remuneration, social security and pensions | 62 | €27,563 | €46,699 | +€19,136 | +69.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,519 | €26,423 | -€1,096 | -4.0% |
| Other operating charges | 640/8 | €1,706 | €1,252 | -€454 | -26.6% |
| Gross operating margin | 9900 | €106,501 | €17,788 | -€88,713 | -83.3% |
| Operating profit (loss) | 9901 | €49,713 | -€56,586 | -€106,299 | |
| Financial income | 75/76B | €0 | €2 | +€2 | +1228.6% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +1228.6% |
| Financial charges | 65/66B | €1,828 | €3,348 | +€1,520 | +83.2% |
| Recurring financial charges | 65 | €1,828 | €3,348 | +€1,520 | +83.2% |
| Profit (loss) for the period before taxes | 9903 | €47,884 | -€59,933 | -€107,818 | |
| Income taxes | 67/77 | €9,637 | €379 | -€9,258 | -96.1% |
| Profit (loss) for the period | 9904 | €38,248 | -€60,312 | -€98,560 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,248 | -€60,312 | -€98,560 |
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.