DDL 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.
DDL CONSTRUCT
Largest movements
- Stocks and contracts +€2.2m
up €2.2m (+54.0%), from €4.1m to €6.3m
- Receivables within one year -€207,067
down €207,067 (-69.5%), from €297,805 to €90,738
of which Trade receivables: -€208,620
- Tangible fixed assets +€120,484
up €120,484 (+3620.3%), from €3,328 to €123,812
- Other debts +€1.8m
up €1.8m (+44.3%), from €4.0m to €5.7m
- Profit (loss) carried forward -€850,679
down €850,679 (-56.1%), from -€1.5m to -€2.4m
- Advances received +€521,285
up €521,285 (+64.0%), from €814,794 to €1.3m
- Short-term financial debts +€445,231
up €445,231 (+46.8%), from €951,076 to €1.4m
- Trade debts +€234,712
up €234,712 (+285.9%), from €82,086 to €316,798
- Gross operating margin -€302,158
down €302,158 (-173.5%), from -€174,174 to -€476,332
- Financial charges +€32,629
up €32,629 (+11.3%), from €288,651 to €321,280
- Staff costs -€32,255
down €32,255 (-73.2%), from €44,094 to €11,839
- Depreciation +€27,582
up €27,582 (+2035.2%), from €1,355 to €28,937
- Other operating charges +€7,409
up €7,409 (+117.5%), from €6,304 to €13,712
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 | €4,396,223 | €6,502,559 | +€2.1m | +47.9% |
| Fixed assets | 21/28 | €15,228 | €127,812 | +€112,584 | +739.3% |
| Tangible fixed assets | 22/27 | €3,328 | €123,812 | +€120,484 | +3620.3% |
| Furniture and vehicles | 24 | €3,328 | €123,812 | +€120,484 | +3620.3% |
| Financial fixed assets | 28 | €11,900 | €4,000 | -€7,900 | -66.4% |
| Current assets | 29/58 | €4,380,995 | €6,374,746 | +€2.0m | +45.5% |
| Stocks and contracts in progress | 3 | €4,068,607 | €6,265,258 | +€2.2m | +54.0% |
| Contracts in progress | 37 | €4,068,607 | €6,265,258 | +€2.2m | +54.0% |
| Amounts receivable within one year | 40/41 | €297,805 | €90,738 | -€207,067 | -69.5% |
| Trade receivables | 40 | €297,799 | €89,179 | -€208,620 | -70.1% |
| Other amounts receivable | 41 | €6 | €1,559 | +€1,553 | +25294.0% |
| Cash at bank and in hand | 54/58 | €1,717 | €6,227 | +€4,510 | +262.7% |
| Deferred charges and accrued income | 490/1 | €12,865 | €12,524 | -€341 | -2.7% |
| Total equity and liabilities | 10/49 | €4,396,223 | €6,502,559 | +€2.1m | +47.9% |
| Equity | 10/15 | -€1,475,669 | -€2,326,347 | -€850,679 | -57.6% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,515,669 | -€2,366,347 | -€850,679 | -56.1% |
| Amounts payable | 17/49 | €5,871,891 | €8,828,906 | +€3.0m | +50.4% |
| Amounts payable within one year | 42/48 | €5,862,970 | €8,828,906 | +€3.0m | +50.6% |
| Financial debts | 43 | €951,076 | €1,396,307 | +€445,231 | +46.8% |
| Credit institutions | 430/8 | €951,076 | €1,396,307 | +€445,231 | +46.8% |
| Trade debts | 44 | €82,086 | €316,798 | +€234,712 | +285.9% |
| Suppliers | 440/4 | €82,086 | €316,798 | +€234,712 | +285.9% |
| Advances received on contracts in progress | 46 | €814,794 | €1,336,079 | +€521,285 | +64.0% |
| Taxes, remuneration and social security | 45 | €48,996 | €58,029 | +€9,033 | +18.4% |
| Taxes | 450/3 | €43,840 | €58,029 | +€14,188 | +32.4% |
| Remuneration and social security | 454/9 | €5,156 | - | -€5,156 | |
| Other amounts payable | 47/48 | €3,966,017 | €5,721,694 | +€1.8m | +44.3% |
| Accrued charges and deferred income | 492/3 | €8,922 | - | -€8,922 | |
| Non-recurring operating income | 76A | €2,600 | €64,952 | +€62,352 | +2398.2% |
| Remuneration, social security and pensions | 62 | €44,094 | €11,839 | -€32,255 | -73.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,355 | €28,937 | +€27,582 | +2035.2% |
| Other operating charges | 640/8 | €6,304 | €13,712 | +€7,409 | +117.5% |
| Non-recurring operating charges | 66A | - | €1,067 | +€1,067 | |
| Gross operating margin | 9900 | -€174,174 | -€476,332 | -€302,158 | -173.5% |
| Operating profit (loss) | 9901 | -€225,927 | -€531,888 | -€305,961 | -135.4% |
| Financial income | 75/76B | €3,538 | €2,489 | -€1,049 | -29.6% |
| Recurring financial income | 75 | €3,538 | €2,489 | -€1,049 | -29.6% |
| Financial charges | 65/66B | €288,651 | €321,280 | +€32,629 | +11.3% |
| Recurring financial charges | 65 | €288,651 | €321,280 | +€32,629 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | -€511,040 | -€850,679 | -€339,638 | -66.5% |
| Income taxes | 67/77 | -€19 | €0 | +€19 | |
| Profit (loss) for the period | 9904 | -€511,022 | -€850,679 | -€339,657 | -66.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€511,022 | -€850,679 | -€339,657 | -66.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.