DGC: 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.
What changed
DGC
NACE 43.120, Site preparation
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€598,555
2024 · €3,408+€595,147
Equity
€2.2m
2024 · €1.8m+€339,698
Cash
€383
2024 · €383
Balance sheet total
€10.8m
2024 · €12.8m-€2.0m
Largest movements
Assets
- Tangible fixed assets -€1.1m
down €1.1m (-15.0%), from €7.2m to €6.1m
of which Leasing and similar rights: -€563,267
- Receivables within one year -€966,042
down €966,042 (-17.5%), from €5.5m to €4.5m
of which Trade receivables: -€1.4m
Equity and liabilities
- Other debts -€3.4m
down €3.4m (-92.7%), from €3.6m to €266,003
- Trade debts +€1.2m
up €1.2m (+42.9%), from €2.9m to €4.1m
- Reserves +€348,555
up €348,555 (+19.8%), from €1.8m to €2.1m
of which Distributable reserves: +€348,555
- Current portion of long-term debt -€319,786
down €319,786 (-17.9%), from €1.8m to €1.5m
- Debts after one year +€143,331
up €143,331 (+5.7%), from €2.5m to €2.7m
Income statement
- Services and other goods -€1.6m
down €1.6m (-15.7%), from €10.1m to €8.5m
- Turnover -€1.5m
down €1.5m (-10.3%), from €15.0m to €13.5m
- Goods and materials -€349,439
down €349,439 (-34.9%), from €1.0m to €650,577
- Other operating income +€245,491
up €245,491 (+121.0%), from €202,859 to €448,350
- Staff costs +€169,529
up €169,529 (+11.1%), from €1.5m to €1.7m
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.
Result 2024
€3,408
Turnover
-€1.5m
Other operating income
+€245,491
Goods and materials
+€349,439
Services and other goods
+€1.6m
Staff costs
-€169,529
Depreciation
-€55,138
Write-downs
+€4,208
Other operating charges
+€5,629
Other operating items
-€40,716
Financial income
+€115,186
Financial charges
+€92,242
Result 2025
€598,555
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.
From operations
+€1.9m
Investment
-€1.5m
Financing
-€435,312
Cash 2024
€383
From operations (derived)
+€1.9m
Net result for the year
+€598,555
Depreciation
+€2.5m
Receivables within one year
+€966,042
Deferred charges and accrued income
-€1
Trade debts
+€1.2m
Tax, wage and social debts
-€48,199
Other debts
-€3.4m
Investment (derived)
-€1.5m
Investment in fixed assets (net)
-€1.5m
Financing
-€435,312
Debts after one year
+€143,331
Current portion of long-term debt
-€319,786
Contributions, distributions and other
-€258,857
Cash 2025
€383
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,800,911 | €10,759,106 | -€2.0m | -16.0% |
| Fixed assets | 21/28 | €7,285,141 | €6,209,377 | -€1.1m | -14.8% |
| Tangible fixed assets | 22/27 | €7,185,141 | €6,109,377 | -€1.1m | -15.0% |
| Plant, machinery and equipment | 23 | €2,204,622 | €1,704,859 | -€499,763 | -22.7% |
| Furniture and vehicles | 24 | €38,451 | €25,717 | -€12,735 | -33.1% |
| Leasing and similar rights | 25 | €4,942,068 | €4,378,802 | -€563,267 | -11.4% |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €100,000 | €100,000 | = | 0.0% |
| Participating interests | 282 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €5,515,770 | €4,549,729 | -€966,042 | -17.5% |
| Amounts receivable within one year | 40/41 | €5,515,004 | €4,548,962 | -€966,042 | -17.5% |
| Trade receivables | 40 | €5,260,076 | €3,902,205 | -€1.4m | -25.8% |
| Other amounts receivable | 41 | €254,928 | €646,757 | +€391,829 | +153.7% |
| Cash at bank and in hand | 54/58 | €383 | €383 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €383 | €384 | +€1 | +0.2% |
| Total equity and liabilities | 10/49 | €12,800,911 | €10,759,106 | -€2.0m | -16.0% |
| Equity | 10/15 | €1,843,186 | €2,182,884 | +€339,698 | +18.4% |
| Contributions | 10/11 | €64,329 | €64,329 | = | 0.0% |
| Capital | 10 | €64,329 | €64,329 | = | 0.0% |
| Issued capital | 100 | €64,329 | €64,329 | = | 0.0% |
| Reserves | 13 | €1,763,949 | €2,112,504 | +€348,555 | +19.8% |
| Non-distributable reserves | 130/1 | €6,434 | €6,434 | = | 0.0% |
| Legal reserve | 130 | €6,434 | €6,434 | = | 0.0% |
| Tax-exempt reserves | 132 | €75,121 | €75,121 | = | 0.0% |
| Distributable reserves | 133 | €1,682,394 | €2,030,949 | +€348,555 | +20.7% |
| Investment grants | 15 | €14,909 | €6,051 | -€8,857 | -59.4% |
| Amounts payable | 17/49 | €10,957,725 | €8,576,222 | -€2.4m | -21.7% |
| Amounts payable after more than one year | 17 | €2,519,645 | €2,662,977 | +€143,331 | +5.7% |
| Financial debts | 170/4 | €2,519,645 | €2,662,977 | +€143,331 | +5.7% |
| Leasing and similar obligations | 172 | €2,380,445 | €2,570,177 | +€189,731 | +8.0% |
| Credit institutions | 173 | €139,200 | €92,800 | -€46,400 | -33.3% |
| Amounts payable within one year | 42/48 | €8,438,080 | €5,913,245 | -€2.5m | -29.9% |
| Current portion of amounts payable after more than one year | 42 | €1,785,877 | €1,466,091 | -€319,786 | -17.9% |
| Trade debts | 44 | €2,851,537 | €4,075,922 | +€1.2m | +42.9% |
| Suppliers | 440/4 | €2,851,537 | €4,075,922 | +€1.2m | +42.9% |
| Taxes, remuneration and social security | 45 | €153,428 | €105,229 | -€48,199 | -31.4% |
| Taxes | 450/3 | €67,066 | €11,081 | -€55,985 | -83.5% |
| Remuneration and social security | 454/9 | €86,362 | €94,148 | +€7,786 | +9.0% |
| Other amounts payable | 47/48 | €3,647,237 | €266,003 | -€3.4m | -92.7% |
| Operating income | 70/76A | €15,255,539 | €13,918,067 | -€1.3m | -8.8% |
| Turnover | 70 | €15,011,848 | €13,469,716 | -€1.5m | -10.3% |
| Other operating income | 74 | €202,859 | €448,350 | +€245,491 | +121.0% |
| Non-recurring operating income | 76A | €40,832 | - | -€40,832 | |
| Operating charges | 60/66A | €15,199,376 | €13,474,184 | -€1.7m | -11.4% |
| Goods for resale, raw materials and consumables | 60 | €1,000,016 | €650,577 | -€349,439 | -34.9% |
| Purchases | 600/8 | €1,000,016 | €650,577 | -€349,439 | -34.9% |
| Services and other goods | 61 | €10,127,163 | €8,536,697 | -€1.6m | -15.7% |
| Remuneration, social security and pensions | 62 | €1,529,866 | €1,699,395 | +€169,529 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,478,783 | €2,533,921 | +€55,138 | +2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,104 | -€2,104 | -€4,208 | |
| Other operating charges | 640/8 | €61,328 | €55,699 | -€5,629 | -9.2% |
| Non-recurring operating charges | 66A | €116 | - | -€116 | |
| Operating profit (loss) | 9901 | €56,163 | €443,882 | +€387,720 | +690.4% |
| Financial income | 75/76B | €256,881 | €372,066 | +€115,186 | +44.8% |
| Recurring financial income | 75 | €256,881 | €372,066 | +€115,186 | +44.8% |
| Income from financial fixed assets | 750 | €150,000 | €300,000 | +€150,000 | +100.0% |
| Income from current assets | 751 | €89,944 | €62,976 | -€26,968 | -30.0% |
| Other financial income | 752/9 | €16,937 | €9,090 | -€7,846 | -46.3% |
| Financial charges | 65/66B | €309,636 | €217,394 | -€92,242 | -29.8% |
| Recurring financial charges | 65 | €309,636 | €217,394 | -€92,242 | -29.8% |
| Debt charges | 650 | €307,786 | €193,653 | -€114,132 | -37.1% |
| Other financial charges | 652/9 | €1,850 | €23,740 | +€21,890 | +1183.3% |
| Profit (loss) for the period before taxes | 9903 | €3,408 | €598,555 | +€595,147 | +17465.0% |
| Profit (loss) for the period | 9904 | €3,408 | €598,555 | +€595,147 | +17465.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,408 | €598,555 | +€595,147 | +17465.0% |
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 10 October 2026 via checked.be.