DGN INFRA: 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.
DGN INFRA
Largest movements
- Receivables within one year +€59,957
up €59,957 (+56.0%), from €107,066 to €167,023
of which Other amounts receivable: +€49,957
- Tangible fixed assets -€35,601
down €35,601 (-24.6%), from €144,634 to €109,033
- Cash -€22,110
down €22,110 (-58.1%), from €38,045 to €15,935
mainly Trade debts (-€162,861) and Receivables within one year (-€59,957)
- Trade debts -€162,861
down €162,861 (-67.0%), from €243,184 to €80,323
- Debts after one year +€63,861
new in 2025: €63,861
- Reserves +€52,047
up €52,047 (+51.6%), from €100,841 to €152,887
of which Distributable reserves: +€52,047
- Current portion of long-term debt +€25,620
new in 2025: €25,620
- Tax, wage and social debts +€22,784
up €22,784 (+128%), from €17,827 to €40,612
- Gross operating margin +€24,942
up €24,942 (+28.7%), from €86,985 to €111,928
- Depreciation +€7,470
up €7,470 (+26.6%), from €28,130 to €35,601
- Taxes +€4,600
up €4,600 (+25.8%), from €17,827 to €22,427
- Financial charges +€3,490
up €3,490 (+330%), from €1,057 to €4,547
- Financial income +€3,413
up €3,413 (+137%), from €2,492 to €5,905
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 | €380,402 | €381,853 | +€1,451 | +0.4% |
| Fixed assets | 21/28 | €144,634 | €109,033 | -€35,601 | -24.6% |
| Tangible fixed assets | 22/27 | €144,634 | €109,033 | -€35,601 | -24.6% |
| Furniture and vehicles | 24 | €144,634 | €109,033 | -€35,601 | -24.6% |
| Current assets | 29/58 | €235,768 | €272,820 | +€37,052 | +15.7% |
| Amounts receivable after more than one year | 29 | €88,971 | €88,971 | = | 0.0% |
| Other amounts receivable | 291 | €88,971 | €88,971 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €107,066 | €167,023 | +€59,957 | +56.0% |
| Trade receivables | 40 | €20,000 | €30,000 | +€10,000 | +50.0% |
| Other amounts receivable | 41 | €87,066 | €137,023 | +€49,957 | +57.4% |
| Cash at bank and in hand | 54/58 | €38,045 | €15,935 | -€22,110 | -58.1% |
| Deferred charges and accrued income | 490/1 | €1,687 | €891 | -€796 | -47.2% |
| Total equity and liabilities | 10/49 | €380,402 | €381,853 | +€1,451 | +0.4% |
| Equity | 10/15 | €119,391 | €171,437 | +€52,047 | +43.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €100,841 | €152,887 | +€52,047 | +51.6% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €98,986 | €151,032 | +€52,047 | +52.6% |
| Amounts payable | 17/49 | €261,011 | €210,416 | -€50,595 | -19.4% |
| Amounts payable after more than one year | 17 | - | €63,861 | +€63,861 | |
| Financial debts | 170/4 | - | €63,861 | +€63,861 | |
| Amounts payable within one year | 42/48 | €261,011 | €146,555 | -€114,457 | -43.9% |
| Current portion of amounts payable after more than one year | 42 | - | €25,620 | +€25,620 | |
| Trade debts | 44 | €243,184 | €80,323 | -€162,861 | -67.0% |
| Suppliers | 440/4 | €243,184 | €80,323 | -€162,861 | -67.0% |
| Taxes, remuneration and social security | 45 | €17,827 | €40,612 | +€22,784 | +128% |
| Taxes | 450/3 | €17,827 | €40,612 | +€22,784 | +128% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,130 | €35,601 | +€7,470 | +26.6% |
| Other operating charges | 640/8 | €1,485 | €3,211 | +€1,726 | +116% |
| Gross operating margin | 9900 | €86,985 | €111,928 | +€24,942 | +28.7% |
| Operating profit (loss) | 9901 | €57,370 | €73,116 | +€15,746 | +27.4% |
| Financial income | 75/76B | €2,492 | €5,905 | +€3,413 | +137% |
| Recurring financial income | 75 | €2,492 | €5,905 | +€3,413 | +137% |
| Financial charges | 65/66B | €1,057 | €4,547 | +€3,490 | +330% |
| Recurring financial charges | 65 | €1,057 | €4,547 | +€3,490 | +330% |
| Profit (loss) for the period before taxes | 9903 | €58,805 | €74,474 | +€15,669 | +26.6% |
| Income taxes | 67/77 | €17,827 | €22,427 | +€4,600 | +25.8% |
| Profit (loss) for the period | 9904 | €40,978 | €52,047 | +€11,068 | +27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,978 | €52,047 | +€11,068 | +27.0% |
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 20 October 2026 via checked.be.