DG Resources: 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.
DG Resources
Largest movements
- Tangible fixed assets -€98,527
down €98,527 (-10.3%), from €960,080 to €861,553
of which Land and buildings: -€114,656
- Cash -€58,624
down €58,624 (-36.9%), from €158,891 to €100,268
mainly Debts after one year (-€88,064) and Investment in fixed assets (net) (-€77,937)
- Receivables within one year +€24,920
up €24,920 (+78.0%), from €31,948 to €56,868
of which Trade receivables: +€25,738
- Debts after one year -€88,064
down €88,064 (-13.4%), from €658,587 to €570,523
- Profit (loss) carried forward -€29,525
down €29,525, from €20,808 to -€8,718
- Advances received -€19,520
no longer reported in 2025 (was €19,520)
- Current portion of long-term debt +€18,882
up €18,882 (+13.2%), from €143,219 to €162,101
- Tax, wage and social debts -€16,659
down €16,659 (-37.0%), from €45,005 to €28,346
of which Taxes: -€15,147
- Gross operating margin -€92,087
down €92,087 (-28.7%), from €320,528 to €228,441
- Taxes -€15,157
down €15,157 (-79.0%), from €19,198 to €4,041
- Staff costs -€14,864
down €14,864 (-29.1%), from €51,008 to €36,144
- Financial income +€8,255
up €8,255 (+1,085%), from €761 to €9,016
of which Financial income: +€7,755
- Other operating charges +€7,351
up €7,351 (+96.4%), from €7,623 to €14,974
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 | €1,151,776 | €1,018,924 | -€132,852 | -11.5% |
| Fixed assets | 21/28 | €960,936 | €861,789 | -€99,147 | -10.3% |
| Intangible fixed assets | 21 | €656 | €36 | -€620 | -94.5% |
| Tangible fixed assets | 22/27 | €960,080 | €861,553 | -€98,527 | -10.3% |
| Land and buildings | 22 | €863,083 | €748,427 | -€114,656 | -13.3% |
| Plant, machinery and equipment | 23 | €56 | - | -€56 | |
| Furniture and vehicles | 24 | €96,940 | €113,125 | +€16,185 | +16.7% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €190,840 | €157,136 | -€33,704 | -17.7% |
| Amounts receivable within one year | 40/41 | €31,948 | €56,868 | +€24,920 | +78.0% |
| Trade receivables | 40 | €31,130 | €56,868 | +€25,738 | +82.7% |
| Other amounts receivable | 41 | €818 | - | -€818 | |
| Cash at bank and in hand | 54/58 | €158,891 | €100,268 | -€58,624 | -36.9% |
| Total equity and liabilities | 10/49 | €1,151,776 | €1,018,924 | -€132,852 | -11.5% |
| Equity | 10/15 | €185,358 | €155,832 | -€29,525 | -15.9% |
| Contributions | 10/11 | €87,000 | €87,000 | = | 0.0% |
| Reserves | 13 | €77,550 | €77,550 | = | 0.0% |
| Distributable reserves | 133 | €77,550 | €77,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,808 | -€8,718 | -€29,525 | |
| Provisions and deferred taxes | 16 | €80,000 | €80,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €80,000 | €80,000 | = | 0.0% |
| Environmental obligations | 163 | €80,000 | €80,000 | = | 0.0% |
| Amounts payable | 17/49 | €886,418 | €783,092 | -€103,326 | -11.7% |
| Amounts payable after more than one year | 17 | €658,587 | €570,523 | -€88,064 | -13.4% |
| Financial debts | 170/4 | €658,587 | €570,523 | -€88,064 | -13.4% |
| Amounts payable within one year | 42/48 | €216,882 | €201,625 | -€15,256 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €143,219 | €162,101 | +€18,882 | +13.2% |
| Trade debts | 44 | €9,138 | €9,295 | +€157 | +1.7% |
| Suppliers | 440/4 | €9,138 | €9,295 | +€157 | +1.7% |
| Advances received on contracts in progress | 46 | €19,520 | - | -€19,520 | |
| Taxes, remuneration and social security | 45 | €45,005 | €28,346 | -€16,659 | -37.0% |
| Taxes | 450/3 | €41,742 | €26,595 | -€15,147 | -36.3% |
| Remuneration and social security | 454/9 | €3,263 | €1,751 | -€1,512 | -46.3% |
| Other amounts payable | 47/48 | - | €1,884 | +€1,884 | |
| Accrued charges and deferred income | 492/3 | €10,950 | €10,943 | -€7 | -0.1% |
| Remuneration, social security and pensions | 62 | €51,008 | €36,144 | -€14,864 | -29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €169,848 | €177,084 | +€7,236 | +4.3% |
| Other operating charges | 640/8 | €7,623 | €14,974 | +€7,351 | +96.4% |
| Gross operating margin | 9900 | €320,528 | €228,441 | -€92,087 | -28.7% |
| Operating profit (loss) | 9901 | €92,049 | €240 | -€91,809 | -99.7% |
| Financial income | 75/76B | €761 | €9,016 | +€8,255 | +1,085% |
| Recurring financial income | 75 | €761 | €8,516 | +€7,755 | +1,019% |
| Non-recurring financial income | 76B | - | €500 | +€500 | |
| Financial charges | 65/66B | €36,055 | €34,740 | -€1,315 | -3.6% |
| Recurring financial charges | 65 | €36,055 | €34,740 | -€1,315 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €56,754 | -€25,485 | -€82,239 | |
| Income taxes | 67/77 | €19,198 | €4,041 | -€15,157 | -79.0% |
| Profit (loss) for the period | 9904 | €37,556 | -€29,525 | -€67,082 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,556 | -€29,525 | -€67,082 |
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 25 October 2026 via checked.be.