DESCON DE SWAEF CONSTRUCTIE: what changed
Two financial 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.
DESCON DE SWAEF CONSTRUCTIE
Largest movements
- Cash +€72,725
up €72,725 (+58.9%), from €123,455 to €196,180
mainly Current investments (+€40,000) and Net result for the year (+€26,276)
- Current investments -€40,000
down €40,000 (-44.4%), from €90,000 to €50,000
- Tangible fixed assets -€12,556
down €12,556 (-44.8%), from €28,038 to €15,482
of which Leasing and similar rights: -€7,879
- Reserves +€25,000
up €25,000 (+18.0%), from €139,000 to €164,000
- Debts after one year -€7,485
down €7,485 (-56.7%), from €13,197 to €5,712
- Trade debts +€2,800
up €2,800 (+91.1%), from €3,075 to €5,875
- Turnover -€37,942
down €37,942 (-11.3%), from €336,895 to €298,954
- Purchases and services -€27,100
down €27,100 (-9.5%), from €284,173 to €257,073
- Gross operating margin -€10,732
down €10,732 (-18.3%), from €58,586 to €47,854
- Taxes -€6,748
down €6,748 (-39.0%), from €17,316 to €10,569
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.
Derived cash bridge
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 | €248,051 | €267,615 | +€19,564 | +7.9% |
| Fixed assets | 21/28 | €28,227 | €15,684 | -€12,543 | -44.4% |
| Tangible fixed assets | 22/27 | €28,038 | €15,482 | -€12,556 | -44.8% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €1,535 | €628 | -€906 | -59.1% |
| Furniture and vehicles | 24 | €6,688 | €2,917 | -€3,771 | -56.4% |
| Leasing and similar rights | 25 | €19,815 | €11,937 | -€7,879 | -39.8% |
| Financial fixed assets | 28 | €189 | €201 | +€13 | +6.7% |
| Current assets | 29/58 | €219,824 | €251,931 | +€32,108 | +14.6% |
| Amounts receivable within one year | 40/41 | €6,369 | €5,751 | -€618 | -9.7% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €6,369 | €5,751 | -€618 | -9.7% |
| Current investments | 50/53 | €90,000 | €50,000 | -€40,000 | -44.4% |
| Cash at bank and in hand | 54/58 | €123,455 | €196,180 | +€72,725 | +58.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €248,051 | €267,615 | +€19,564 | +7.9% |
| Equity | 10/15 | €222,202 | €248,478 | +€26,276 | +11.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €139,000 | €164,000 | +€25,000 | +18.0% |
| Distributable reserves | 133 | €139,000 | €164,000 | +€25,000 | +18.0% |
| Profit (loss) carried forward | 14 | €33,202 | €34,478 | +€1,276 | +3.8% |
| Amounts payable | 17/49 | €25,849 | €19,136 | -€6,712 | -26.0% |
| Amounts payable after more than one year | 17 | €13,197 | €5,712 | -€7,485 | -56.7% |
| Financial debts | 170/4 | €13,197 | €5,712 | -€7,485 | -56.7% |
| Amounts payable within one year | 42/48 | €12,466 | €13,359 | +€893 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €7,485 | €7,485 | = | 0.0% |
| Financial debts | 43 | €0 | €0 | = | |
| Credit institutions | 430/8 | €0 | €0 | = | |
| Trade debts | 44 | €3,075 | €5,875 | +€2,800 | +91.1% |
| Suppliers | 440/4 | €3,075 | €5,875 | +€2,800 | +91.1% |
| Taxes, remuneration and social security | 45 | €1,907 | €0 | -€1,907 | -100% |
| Taxes | 450/3 | €1,907 | €0 | -€1,907 | -100% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €186 | €65 | -€121 | -65.0% |
| Turnover | 70 | €336,895 | €298,954 | -€37,942 | -11.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €284,173 | €257,073 | -€27,100 | -9.5% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,566 | €12,556 | -€10 | -0.1% |
| Other operating charges | 640/8 | €1,632 | €1,436 | -€196 | -12.0% |
| Gross operating margin | 9900 | €58,586 | €47,854 | -€10,732 | -18.3% |
| Operating profit (loss) | 9901 | €44,388 | €33,862 | -€10,526 | -23.7% |
| Financial income | 75/76B | €2,435 | €3,277 | +€842 | +34.6% |
| Recurring financial income | 75 | €2,435 | €3,277 | +€842 | +34.6% |
| Financial charges | 65/66B | €429 | €294 | -€135 | -31.6% |
| Recurring financial charges | 65 | €429 | €294 | -€135 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €46,394 | €36,845 | -€9,549 | -20.6% |
| Income taxes | 67/77 | €17,316 | €10,569 | -€6,748 | -39.0% |
| Profit (loss) for the period | 9904 | €29,078 | €26,276 | -€2,801 | -9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,078 | €26,276 | -€2,801 | -9.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.