DG RENOVATIONS: what changed
DG RENOVATIONS
Largest movements
- Cash -€76,792
down €76,792 (-89.4%), from €85,907 to €9,116
mainly Stocks and contracts (-€38,610) and Debts after one year (-€31,019)
- Stocks and contracts +€38,610
new in 2025: €38,610
- Receivables within one year +€29,647
up €29,647 (+160%), from €18,542 to €48,188
of which Other amounts receivable: +€17,491
- Tangible fixed assets -€20,121
down €20,121 (-17.2%), from €116,922 to €96,802
of which Land and buildings: -€12,917
- Debts after one year -€31,019
down €31,019 (-23.5%), from €131,833 to €100,814
- Trade debts -€18,058
down €18,058 (-52.8%), from €34,185 to €16,127
- Current portion of long-term debt +€9,934
up €9,934 (+92.2%), from €10,773 to €20,707
- Tax, wage and social debts +€9,897
up €9,897 (+50.3%), from €19,662 to €29,559
of which Remuneration and social security: +€9,468
- Gross operating margin +€67,024
up €67,024 (+97.8%), from €68,557 to €135,580
- Staff costs +€25,554
up €25,554 (+33.0%), from €77,327 to €102,881
- Financial charges +€3,495
up €3,495 (+82.1%), from €4,259 to €7,754
- Depreciation +€2,022
up €2,022 (+11.2%), from €18,099 to €20,121
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €221,811 | €193,156 | -€28,655 | -12.9% |
| Fixed assets | 21/28 | €117,362 | €97,242 | -€20,121 | -17.1% |
| Tangible fixed assets | 22/27 | €116,922 | €96,802 | -€20,121 | -17.2% |
| Land and buildings | 22 | €73,000 | €60,083 | -€12,917 | -17.7% |
| Plant, machinery and equipment | 23 | €43,224 | €36,020 | -€7,204 | -16.7% |
| Furniture and vehicles | 24 | €698 | €698 | = | 0.0% |
| Financial fixed assets | 28 | €440 | €440 | = | 0.0% |
| Current assets | 29/58 | €104,449 | €95,914 | -€8,535 | -8.2% |
| Stocks and contracts in progress | 3 | - | €38,610 | +€38,610 | |
| Contracts in progress | 37 | - | €38,610 | +€38,610 | |
| Amounts receivable within one year | 40/41 | €18,542 | €48,188 | +€29,647 | +160% |
| Trade receivables | 40 | €18,542 | €30,698 | +€12,156 | +65.6% |
| Other amounts receivable | 41 | - | €17,491 | +€17,491 | |
| Cash at bank and in hand | 54/58 | €85,907 | €9,116 | -€76,792 | -89.4% |
| Total equity and liabilities | 10/49 | €221,811 | €193,156 | -€28,655 | -12.9% |
| Equity | 10/15 | €24,438 | €25,948 | +€1,510 | +6.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,978 | €5,488 | +€1,510 | +38.0% |
| Amounts payable | 17/49 | €197,373 | €167,208 | -€30,166 | -15.3% |
| Amounts payable after more than one year | 17 | €131,833 | €100,814 | -€31,019 | -23.5% |
| Financial debts | 170/4 | €131,833 | €100,814 | -€31,019 | -23.5% |
| Amounts payable within one year | 42/48 | €65,540 | €66,394 | +€853 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €10,773 | €20,707 | +€9,934 | +92.2% |
| Trade debts | 44 | €34,185 | €16,127 | -€18,058 | -52.8% |
| Suppliers | 440/4 | €34,185 | €16,127 | -€18,058 | -52.8% |
| Taxes, remuneration and social security | 45 | €19,662 | €29,559 | +€9,897 | +50.3% |
| Taxes | 450/3 | €1,836 | €2,265 | +€430 | +23.4% |
| Remuneration and social security | 454/9 | €17,826 | €27,294 | +€9,468 | +53.1% |
| Other amounts payable | 47/48 | €920 | - | -€920 | |
| Remuneration, social security and pensions | 62 | €77,327 | €102,881 | +€25,554 | +33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,099 | €20,121 | +€2,022 | +11.2% |
| Other operating charges | 640/8 | €3,214 | €3,151 | -€63 | -2.0% |
| Gross operating margin | 9900 | €68,557 | €135,580 | +€67,024 | +97.8% |
| Operating profit (loss) | 9901 | -€30,083 | €9,427 | +€39,511 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,259 | €7,754 | +€3,495 | +82.1% |
| Recurring financial charges | 65 | €4,259 | €7,754 | +€3,495 | +82.1% |
| Profit (loss) for the period before taxes | 9903 | -€34,342 | €1,674 | +€36,016 | |
| Income taxes | 67/77 | €172 | €163 | -€8 | -4.9% |
| Profit (loss) for the period | 9904 | -€34,514 | €1,510 | +€36,024 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,514 | €1,510 | +€36,024 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.