DGS 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.
DGS CONSTRUCT
Largest movements
- Receivables within one year +€55,039
up €55,039 (+27.8%), from €198,059 to €253,098
of which Trade receivables: +€55,062
- Cash -€19,506
down €19,506 (-35.4%), from €55,092 to €35,586
mainly Receivables within one year (-€55,039) and Debts after one year (-€28,596)
- Tangible fixed assets -€10,232
down €10,232 (-6.5%), from €157,401 to €147,169
of which Land and buildings: -€6,650
- Debts after one year -€28,596
down €28,596 (-56.8%), from €50,366 to €21,770
- Other debts +€23,722
up €23,722 (+25.8%), from €92,113 to €115,836
- Trade debts +€23,261
up €23,261 (+36.4%), from €63,961 to €87,222
- Reserves +€10,221
up €10,221 (+170.3%), from €6,000 to €16,221
of which Distributable reserves: +€16,221
- Gross operating margin -€109,389
down €109,389 (-46.5%), from €235,194 to €125,804
- Financial charges -€60,062
down €60,062 (-45.0%), from €133,589 to €73,527
- Staff costs -€33,348
down €33,348 (-59.7%), from €55,847 to €22,499
- Depreciation -€5,435
down €5,435 (-34.7%), from €15,667 to €10,232
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 | €544,798 | €568,748 | +€23,951 | +4.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €284,062 | €273,830 | -€10,232 | -3.6% |
| Tangible fixed assets | 22/27 | €157,401 | €147,169 | -€10,232 | -6.5% |
| Land and buildings | 22 | €151,019 | €144,369 | -€6,650 | -4.4% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €6,382 | €2,800 | -€3,582 | -56.1% |
| Financial fixed assets | 28 | €126,662 | €126,662 | = | 0.0% |
| Current assets | 29/58 | €260,735 | €294,918 | +€34,183 | +13.1% |
| Amounts receivable after more than one year | 29 | €4,929 | €3,361 | -€1,567 | -31.8% |
| Other amounts receivable | 291 | €4,929 | €3,361 | -€1,567 | -31.8% |
| Amounts receivable within one year | 40/41 | €198,059 | €253,098 | +€55,039 | +27.8% |
| Trade receivables | 40 | €191,608 | €246,670 | +€55,062 | +28.7% |
| Other amounts receivable | 41 | €6,451 | €6,428 | -€23 | -0.4% |
| Cash at bank and in hand | 54/58 | €55,092 | €35,586 | -€19,506 | -35.4% |
| Deferred charges and accrued income | 490/1 | €2,656 | €2,873 | +€217 | +8.2% |
| Total equity and liabilities | 10/49 | €544,798 | €568,748 | +€23,951 | +4.4% |
| Equity | 10/15 | €279,631 | €289,020 | +€9,389 | +3.4% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €6,000 | €16,221 | +€10,221 | +170.3% |
| Non-distributable reserves | 130/1 | €6,000 | €0 | -€6,000 | -100.0% |
| Reserves not available under the articles | 1311 | €6,000 | €0 | -€6,000 | -100.0% |
| Distributable reserves | 133 | - | €16,221 | +€16,221 | |
| Profit (loss) carried forward | 14 | €199,499 | €199,499 | = | 0.0% |
| Investment grants | 15 | €14,131 | €13,300 | -€831 | -5.9% |
| Amounts payable | 17/49 | €265,167 | €279,728 | +€14,561 | +5.5% |
| Amounts payable after more than one year | 17 | €50,366 | €21,770 | -€28,596 | -56.8% |
| Financial debts | 170/4 | €50,366 | €21,770 | -€28,596 | -56.8% |
| Amounts payable within one year | 42/48 | €214,801 | €257,958 | +€43,157 | +20.1% |
| Current portion of amounts payable after more than one year | 42 | €32,538 | €28,596 | -€3,941 | -12.1% |
| Trade debts | 44 | €63,961 | €87,222 | +€23,261 | +36.4% |
| Suppliers | 440/4 | €63,961 | €87,222 | +€23,261 | +36.4% |
| Taxes, remuneration and social security | 45 | €26,189 | €26,305 | +€116 | +0.4% |
| Taxes | 450/3 | €14,869 | €20,695 | +€5,826 | +39.2% |
| Remuneration and social security | 454/9 | €11,320 | €5,610 | -€5,710 | -50.4% |
| Other amounts payable | 47/48 | €92,113 | €115,836 | +€23,722 | +25.8% |
| Turnover | 70 | €0 | €0 | = | |
| Non-recurring operating income | 76A | €1,528 | - | -€1,528 | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €55,847 | €22,499 | -€33,348 | -59.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,667 | €10,232 | -€5,435 | -34.7% |
| Other operating charges | 640/8 | €1,980 | €3,752 | +€1,772 | +89.5% |
| Non-recurring operating charges | 66A | €1,460 | - | -€1,460 | |
| Gross operating margin | 9900 | €235,194 | €125,804 | -€109,389 | -46.5% |
| Operating profit (loss) | 9901 | €160,241 | €89,322 | -€70,919 | -44.3% |
| Financial income | 75/76B | €1,036 | €945 | -€91 | -8.8% |
| Recurring financial income | 75 | €1,036 | €945 | -€91 | -8.8% |
| Financial charges | 65/66B | €133,589 | €73,527 | -€60,062 | -45.0% |
| Recurring financial charges | 65 | €133,589 | €73,527 | -€60,062 | -45.0% |
| Profit (loss) for the period before taxes | 9903 | €27,687 | €16,739 | -€10,948 | -39.5% |
| Income taxes | 67/77 | €7,763 | €6,519 | -€1,245 | -16.0% |
| Profit (loss) for the period | 9904 | €19,924 | €10,221 | -€9,703 | -48.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,924 | €10,221 | -€9,703 | -48.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.