DG Wood 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.
DG Wood Construct
Largest movements
- Tangible fixed assets -€54,643
down €54,643 (-11.5%), from €474,077 to €419,434
of which Assets under construction and advance payments: -€245,328
- Receivables within one year -€17,118
down €17,118 (-97.1%), from €17,622 to €504
of which Other amounts receivable: -€12,351
- Cash +€16,773
up €16,773 (+81.2%), from €20,669 to €37,442
mainly Other debts (+€214,374) and Depreciation (+€81,011)
- Debts after one year -€224,212
down €224,212 (-70.2%), from €319,190 to €94,978
- Other debts +€214,374
up €214,374, from €0 to €214,374
- Advances received -€42,365
down €42,365 (-100.0%), from €42,365 to €0
- Reserves +€21,223
up €21,223 (+19.6%), from €108,156 to €129,379
- Current portion of long-term debt -€16,205
down €16,205 (-61.4%), from €26,385 to €10,180
- Gross operating margin +€52,442
up €52,442 (+79.5%), from €65,989 to €118,431
- Depreciation +€49,082
up €49,082 (+153.7%), from €31,929 to €81,011
- Financial charges +€2,140
up €2,140 (+20.9%), from €10,255 to €12,395
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 | €521,930 | €464,475 | -€57,455 | -11.0% |
| Fixed assets | 21/28 | €474,800 | €420,057 | -€54,743 | -11.5% |
| Intangible fixed assets | 21 | €548 | €448 | -€100 | -18.2% |
| Tangible fixed assets | 22/27 | €474,077 | €419,434 | -€54,643 | -11.5% |
| Land and buildings | 22 | €148,529 | €344,317 | +€195,788 | +131.8% |
| Plant, machinery and equipment | 23 | €26,454 | €19,783 | -€6,671 | -25.2% |
| Furniture and vehicles | 24 | €39,671 | €26,561 | -€13,110 | -33.0% |
| Other tangible fixed assets | 26 | €14,095 | €28,773 | +€14,678 | +104.1% |
| Assets under construction and advance payments | 27 | €245,328 | €0 | -€245,328 | -100.0% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €47,129 | €44,418 | -€2,711 | -5.8% |
| Stocks and contracts in progress | 3 | €7,369 | €5,304 | -€2,065 | -28.0% |
| Stocks | 30/36 | €7,369 | €5,304 | -€2,065 | -28.0% |
| Amounts receivable within one year | 40/41 | €17,622 | €504 | -€17,118 | -97.1% |
| Trade receivables | 40 | €4,767 | €0 | -€4,767 | -100.0% |
| Other amounts receivable | 41 | €12,855 | €504 | -€12,351 | -96.1% |
| Cash at bank and in hand | 54/58 | €20,669 | €37,442 | +€16,773 | +81.2% |
| Deferred charges and accrued income | 490/1 | €1,470 | €1,168 | -€301 | -20.5% |
| Total equity and liabilities | 10/49 | €521,930 | €464,475 | -€57,455 | -11.0% |
| Equity | 10/15 | €113,156 | €134,379 | +€21,223 | +18.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €108,156 | €129,379 | +€21,223 | +19.6% |
| Distributable reserves | 133 | €108,156 | €129,379 | +€21,223 | +19.6% |
| Amounts payable | 17/49 | €408,774 | €330,096 | -€78,678 | -19.2% |
| Amounts payable after more than one year | 17 | €319,190 | €94,978 | -€224,212 | -70.2% |
| Financial debts | 170/4 | €319,190 | €94,978 | -€224,212 | -70.2% |
| Amounts payable within one year | 42/48 | €89,583 | €235,117 | +€145,534 | +162.5% |
| Current portion of amounts payable after more than one year | 42 | €26,385 | €10,180 | -€16,205 | -61.4% |
| Trade debts | 44 | €5,694 | €7,531 | +€1,837 | +32.3% |
| Suppliers | 440/4 | €5,694 | €7,531 | +€1,837 | +32.3% |
| Advances received on contracts in progress | 46 | €42,365 | €0 | -€42,365 | -100.0% |
| Taxes, remuneration and social security | 45 | €15,139 | €3,033 | -€12,107 | -80.0% |
| Taxes | 450/3 | €15,139 | €3,033 | -€12,107 | -80.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €214,374 | +€214,374 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,929 | €81,011 | +€49,082 | +153.7% |
| Other operating charges | 640/8 | €1,618 | €1,601 | -€17 | -1.0% |
| Gross operating margin | 9900 | €65,989 | €118,431 | +€52,442 | +79.5% |
| Operating profit (loss) | 9901 | €32,441 | €35,818 | +€3,377 | +10.4% |
| Financial income | 75/76B | €2,804 | €3,099 | +€295 | +10.5% |
| Recurring financial income | 75 | €2,804 | €3,099 | +€295 | +10.5% |
| Financial charges | 65/66B | €10,255 | €12,395 | +€2,140 | +20.9% |
| Recurring financial charges | 65 | €10,255 | €12,395 | +€2,140 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | €24,990 | €26,523 | +€1,532 | +6.1% |
| Income taxes | 67/77 | €4,975 | €5,299 | +€325 | +6.5% |
| Profit (loss) for the period | 9904 | €20,016 | €21,223 | +€1,207 | +6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,016 | €21,223 | +€1,207 | +6.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.