DHUYVETTER 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.
DHUYVETTER CONSTRUCT
Largest movements
- Receivables within one year -€95,528
down €95,528 (-81.6%), from €117,038 to €21,511
- Debts after one year -€55,120
down €55,120 (-10.8%), from €510,361 to €455,241
of which Financial debts: -€50,592
- Reserves -€55,034
down €55,034 (-21.2%), from €259,894 to €204,860
- Other debts +€18,000
up €18,000, from €0 to €18,000
- Gross operating margin -€141,617
down €141,617 (-79.3%), from €178,611 to €36,994
- Financial income -€50,000
down €50,000 (-100%), from €50,000 to €0
- Taxes -€32,279
down €32,279 (-97.9%), from €32,967 to €688
- Staff costs +€4,083
up €4,083 (+13.6%), from €29,962 to €34,045
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 | €873,088 | €777,557 | -€95,531 | -10.9% |
| Fixed assets | 21/28 | €750,573 | €750,000 | -€573 | -0.1% |
| Tangible fixed assets | 22/27 | €573 | €0 | -€573 | -100% |
| Furniture and vehicles | 24 | €573 | €0 | -€573 | -100% |
| Financial fixed assets | 28 | €750,000 | €750,000 | = | 0.0% |
| Current assets | 29/58 | €122,515 | €27,557 | -€94,958 | -77.5% |
| Amounts receivable within one year | 40/41 | €117,038 | €21,511 | -€95,528 | -81.6% |
| Other amounts receivable | 41 | €117,038 | €21,511 | -€95,528 | -81.6% |
| Cash at bank and in hand | 54/58 | €2,172 | €1,887 | -€285 | -13.1% |
| Deferred charges and accrued income | 490/1 | €3,305 | €4,160 | +€855 | +25.9% |
| Total equity and liabilities | 10/49 | €873,088 | €777,557 | -€95,531 | -10.9% |
| Equity | 10/15 | €264,894 | €209,860 | -€55,034 | -20.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €259,894 | €204,860 | -€55,034 | -21.2% |
| Distributable reserves | 133 | €259,894 | €204,860 | -€55,034 | -21.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €608,194 | €567,697 | -€40,497 | -6.7% |
| Amounts payable after more than one year | 17 | €510,361 | €455,241 | -€55,120 | -10.8% |
| Financial debts | 170/4 | €131,572 | €80,980 | -€50,592 | -38.5% |
| Other amounts payable | 178/9 | €378,788 | €374,261 | -€4,528 | -1.2% |
| Amounts payable within one year | 42/48 | €97,833 | €112,456 | +€14,623 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €50,168 | €50,592 | +€424 | +0.8% |
| Trade debts | 44 | €2,379 | €2,713 | +€334 | +14.0% |
| Suppliers | 440/4 | €2,379 | €2,713 | +€334 | +14.0% |
| Taxes, remuneration and social security | 45 | €45,286 | €41,151 | -€4,135 | -9.1% |
| Taxes | 450/3 | €43,954 | €39,697 | -€4,258 | -9.7% |
| Remuneration and social security | 454/9 | €1,331 | €1,454 | +€123 | +9.2% |
| Other amounts payable | 47/48 | €0 | €18,000 | +€18,000 | |
| Remuneration, social security and pensions | 62 | €29,962 | €34,045 | +€4,083 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €871 | €573 | -€298 | -34.2% |
| Other operating charges | 640/8 | €1,676 | €951 | -€726 | -43.3% |
| Gross operating margin | 9900 | €178,611 | €36,994 | -€141,617 | -79.3% |
| Operating profit (loss) | 9901 | €146,102 | €1,425 | -€144,677 | -99.0% |
| Financial income | 75/76B | €50,000 | €0 | -€50,000 | -100% |
| Recurring financial income | 75 | €50,000 | €0 | -€50,000 | -100% |
| Financial charges | 65/66B | €5,667 | €5,770 | +€103 | +1.8% |
| Recurring financial charges | 65 | €5,667 | €5,770 | +€103 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €190,435 | -€4,345 | -€194,780 | |
| Income taxes | 67/77 | €32,967 | €688 | -€32,279 | -97.9% |
| Profit (loss) for the period | 9904 | €157,468 | -€5,034 | -€162,502 | |
| Profit (loss) for the period to be appropriated | 9905 | €157,468 | -€5,034 | -€162,502 |
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 24 October 2026 via checked.be.