DFM CONSTRUCT: 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.
DFM CONSTRUCT
Largest movements
- Cash -€17,195
down €17,195 (-88.4%), from €19,459 to €2,264
mainly Debts after one year (-€22,261) and Trade debts (-€15,848)
- Receivables within one year +€6,932
up €6,932 (+5.9%), from €117,827 to €124,759
of which Trade receivables: +€6,720
- Deferred charges and accrued income +€3,706
new in 2025: €3,706
- Debts after one year -€22,261
down €22,261 (-74.2%), from €30,000 to €7,739
- Trade debts -€15,848
down €15,848 (-77.6%), from €20,424 to €4,575
- Current portion of long-term debt +€14,997
new in 2025: €14,997
- Reserves +€13,000
up €13,000 (+118%), from €11,000 to €24,000
- Tax, wage and social debts +€4,511
up €4,511 (+86.9%), from €5,190 to €9,701
- Turnover +€188,745
up €188,745 (+25.5%), from €739,930 to €928,675
- Purchases and services +€182,723
up €182,723 (+25.4%), from €718,146 to €900,869
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 | €137,774 | €132,297 | -€5,477 | -4.0% |
| Fixed assets | 21/28 | €488 | €1,567 | +€1,080 | +221% |
| Tangible fixed assets | 22/27 | - | €1,080 | +€1,080 | |
| Plant, machinery and equipment | 23 | - | €1,080 | +€1,080 | |
| Financial fixed assets | 28 | €488 | €488 | = | 0.0% |
| Current assets | 29/58 | €137,286 | €130,729 | -€6,557 | -4.8% |
| Amounts receivable within one year | 40/41 | €117,827 | €124,759 | +€6,932 | +5.9% |
| Trade receivables | 40 | €55,944 | €62,664 | +€6,720 | +12.0% |
| Other amounts receivable | 41 | €61,883 | €62,095 | +€212 | +0.3% |
| Cash at bank and in hand | 54/58 | €19,459 | €2,264 | -€17,195 | -88.4% |
| Deferred charges and accrued income | 490/1 | - | €3,706 | +€3,706 | |
| Total equity and liabilities | 10/49 | €137,774 | €132,297 | -€5,477 | -4.0% |
| Equity | 10/15 | €82,160 | €95,285 | +€13,125 | +16.0% |
| Reserves | 13 | €11,000 | €24,000 | +€13,000 | +118% |
| Distributable reserves | 133 | €11,000 | €24,000 | +€13,000 | +118% |
| Profit (loss) carried forward | 14 | €71,160 | €71,285 | +€125 | +0.2% |
| Amounts payable | 17/49 | €55,614 | €37,012 | -€18,602 | -33.4% |
| Amounts payable after more than one year | 17 | €30,000 | €7,739 | -€22,261 | -74.2% |
| Financial debts | 170/4 | €30,000 | €7,739 | -€22,261 | -74.2% |
| Amounts payable within one year | 42/48 | €25,614 | €29,273 | +€3,659 | +14.3% |
| Current portion of amounts payable after more than one year | 42 | - | €14,997 | +€14,997 | |
| Trade debts | 44 | €20,424 | €4,575 | -€15,848 | -77.6% |
| Suppliers | 440/4 | €20,424 | €4,575 | -€15,848 | -77.6% |
| Taxes, remuneration and social security | 45 | €5,190 | €9,701 | +€4,511 | +86.9% |
| Taxes | 450/3 | €5,190 | €9,701 | +€4,511 | +86.9% |
| Turnover | 70 | €739,930 | €928,675 | +€188,745 | +25.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €718,146 | €900,869 | +€182,723 | +25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €415 | +€415 | |
| Other operating charges | 640/8 | €4,906 | €6,081 | +€1,175 | +24.0% |
| Gross operating margin | 9900 | €21,784 | €27,805 | +€6,022 | +27.6% |
| Operating profit (loss) | 9901 | €16,878 | €21,309 | +€4,431 | +26.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €687 | €2,383 | +€1,696 | +247% |
| Recurring financial charges | 65 | €687 | €2,383 | +€1,696 | +247% |
| Profit (loss) for the period before taxes | 9903 | €16,191 | €18,926 | +€2,736 | +16.9% |
| Income taxes | 67/77 | €5,190 | €5,802 | +€612 | +11.8% |
| Profit (loss) for the period | 9904 | €11,000 | €13,125 | +€2,124 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,000 | €13,125 | +€2,124 | +19.3% |
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 16 October 2026 via checked.be.