DGR CONSTRUCT: 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
DGR CONSTRUCT
NACE 68.121, Development of residential building projects
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€62,767
2024 · -€729,270+€666,502
Equity
€5.7m
2024 · €3.9m+€1.8m
Cash
€420,147
2024 · €1.2m-€772,214
Balance sheet total
€15.2m
2024 · €24.7m-€9.5m
Largest movements
Assets
- Stocks and contracts -€8.2m
down €8.2m (-36.0%), from €22.7m to €14.5m
- Cash -€772,214
down €772,214 (-64.8%), from €1.2m to €420,147
mainly Short-term financial debts (-€9.0m) and Trade debts (-€2.0m)
- Receivables within one year -€608,817
down €608,817 (-76.3%), from €797,799 to €188,982
of which Trade receivables: -€494,595
Equity and liabilities
- Short-term financial debts -€9.0m
down €9.0m (-67.5%), from €13.3m to €4.3m
- Trade debts -€2.0m
down €2.0m (-48.7%), from €4.1m to €2.1m
- Contributions +€1.8m
up €1.8m (+39.5%), from €4.7m to €6.5m
- Advances received -€1.4m
down €1.4m (-100%), from €1.4m to €0
- Debts after one year +€712,950
up €712,950, from €0 to €712,950
Income statement
- Turnover -€9.5m
down €9.5m (-49.3%), from €19.2m to €9.7m
- Goods and materials -€8.8m
down €8.8m (-90.8%), from €9.7m to €891,068
- Services and other goods -€2.5m
down €2.5m (-85.4%), from €3.0m to €435,114
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
-€729,270
Turnover
-€9.5m
Other operating income
-€79,449
Goods and materials
+€8.8m
Services and other goods
+€2.5m
Write-downs
-€57,003
Other operating charges
+€3,499
Other operating items
-€1.0m
Financial income
+€2,118
Financial charges
+€15,945
Taxes
-€5,150
Result 2025
-€62,767
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€5.8m
Investment
€0
Financing
-€6.6m
Cash 2024
€1.2m
From operations (derived)
+€5.8m
Net result for the year
-€62,767
Stocks and contracts
+€8.2m
Receivables within one year
+€608,817
Smaller working-capital items
+€4,407
Trade debts
-€2.0m
Tax, wage and social debts
+€572,805
Advances received
-€1.4m
Financing
-€6.6m
Debts after one year
+€712,950
Current portion of long-term debt
-€204,650
Short-term financial debts
-€9.0m
Contributions, distributions and other
+€1.8m
Cash 2025
€420,147
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,700,627 | €15,157,625 | -€9.5m | -38.6% |
| Current assets | 29/58 | €24,700,627 | €15,157,625 | -€9.5m | -38.6% |
| Stocks and contracts in progress | 3 | €22,650,667 | €14,498,288 | -€8.2m | -36.0% |
| Stocks | 30/36 | €22,650,667 | €14,498,288 | -€8.2m | -36.0% |
| Property held for sale | 35 | €22,650,667 | €14,498,288 | -€8.2m | -36.0% |
| Amounts receivable within one year | 40/41 | €797,799 | €188,982 | -€608,817 | -76.3% |
| Trade receivables | 40 | €683,577 | €188,982 | -€494,595 | -72.4% |
| Other amounts receivable | 41 | €114,222 | €0 | -€114,222 | -100% |
| Cash at bank and in hand | 54/58 | €1,192,361 | €420,147 | -€772,214 | -64.8% |
| Deferred charges and accrued income | 490/1 | €59,800 | €50,207 | -€9,593 | -16.0% |
| Total equity and liabilities | 10/49 | €24,700,627 | €15,157,625 | -€9.5m | -38.6% |
| Equity | 10/15 | €3,904,984 | €5,683,916 | +€1.8m | +45.6% |
| Contributions | 10/11 | €4,657,500 | €6,499,200 | +€1.8m | +39.5% |
| Capital | 10 | €4,657,500 | €6,499,200 | +€1.8m | +39.5% |
| Issued capital | 100 | €6,499,200 | €6,499,200 | = | 0.0% |
| Uncalled capital | 101 | €1,841,700 | €0 | -€1.8m | -100% |
| Profit (loss) carried forward | 14 | -€752,516 | -€815,284 | -€62,767 | -8.3% |
| Amounts payable | 17/49 | €20,795,643 | €9,473,708 | -€11.3m | -54.4% |
| Amounts payable after more than one year | 17 | €0 | €712,950 | +€712,950 | |
| Financial debts | 170/4 | €0 | €712,950 | +€712,950 | |
| Other loans | 174 | €0 | €712,950 | +€712,950 | |
| Amounts payable within one year | 42/48 | €19,419,632 | €7,389,934 | -€12.0m | -61.9% |
| Current portion of amounts payable after more than one year | 42 | €204,650 | €0 | -€204,650 | -100% |
| Financial debts | 43 | €13,290,041 | €4,318,774 | -€9.0m | -67.5% |
| Credit institutions | 430/8 | €13,290,041 | €4,318,774 | -€9.0m | -67.5% |
| Trade debts | 44 | €4,096,114 | €2,103,206 | -€2.0m | -48.7% |
| Suppliers | 440/4 | €4,096,114 | €2,103,206 | -€2.0m | -48.7% |
| Advances received on contracts in progress | 46 | €1,433,679 | €0 | -€1.4m | -100% |
| Taxes, remuneration and social security | 45 | - | €572,805 | +€572,805 | |
| Taxes | 450/3 | - | €572,805 | +€572,805 | |
| Other amounts payable | 47/48 | €395,149 | €395,149 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,376,011 | €1,370,824 | -€5,186 | -0.4% |
| Operating income | 70/76A | €12,017,407 | €1,407,724 | -€10.6m | -88.3% |
| Turnover | 70 | €19,237,409 | €9,748,729 | -€9.5m | -49.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€7,494,058 | -€8,535,613 | -€1.0m | -13.9% |
| Other operating income | 74 | €274,057 | €194,608 | -€79,449 | -29.0% |
| Operating charges | 60/66A | €12,728,216 | €1,464,943 | -€11.3m | -88.5% |
| Goods for resale, raw materials and consumables | 60 | €9,672,895 | €891,068 | -€8.8m | -90.8% |
| Purchases | 600/8 | €9,672,895 | €891,068 | -€8.8m | -90.8% |
| Services and other goods | 61 | €2,970,065 | €435,114 | -€2.5m | -85.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €79,294 | €136,297 | +€57,003 | +71.9% |
| Other operating charges | 640/8 | €5,962 | €2,463 | -€3,499 | -58.7% |
| Operating profit (loss) | 9901 | -€710,809 | -€57,219 | +€653,589 | +92.0% |
| Financial income | 75/76B | €251 | €2,369 | +€2,118 | +843% |
| Recurring financial income | 75 | €251 | €2,369 | +€2,118 | +843% |
| Income from current assets | 751 | - | €343 | +€343 | |
| Other financial income | 752/9 | €251 | €2,027 | +€1,775 | +706% |
| Financial charges | 65/66B | €18,713 | €2,768 | -€15,945 | -85.2% |
| Recurring financial charges | 65 | €18,713 | €2,768 | -€15,945 | -85.2% |
| Debt charges | 650 | €1,274 | €0 | -€1,274 | -100% |
| Other financial charges | 652/9 | €17,439 | €2,768 | -€14,671 | -84.1% |
| Profit (loss) for the period before taxes | 9903 | -€729,270 | -€57,617 | +€671,652 | +92.1% |
| Income taxes | 67/77 | - | €5,150 | +€5,150 | |
| Taxes | 670/3 | - | €5,150 | +€5,150 | |
| Profit (loss) for the period | 9904 | -€729,270 | -€62,767 | +€666,502 | +91.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€729,270 | -€62,767 | +€666,502 | +91.4% |
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 23 October 2026 via checked.be.