DISCOVER CONSTRUCTION: 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.
DISCOVER CONSTRUCTION
Largest movements
- Receivables within one year -€455,540
down €455,540 (-99.1%), from €459,570 to €4,030
of which Trade receivables: -€451,788
- Trade debts -€430,737
down €430,737 (-93.4%), from €461,329 to €30,592
- Advances received -€47,476
down €47,476 (-38.2%), from €124,236 to €76,760
- Profit (loss) carried forward +€8,821
up €8,821 (+17.6%), from €50,076 to €58,897
- Other operating charges -€9,788
down €9,788 (-91.7%), from €10,670 to €882
- Gross operating margin -€5,358
down €5,358 (-21.1%), from €25,364 to €20,006
- Taxes +€907
up €907 (+58.3%), from €1,557 to €2,464
- Depreciation +€664
up €664 (+10.2%), from €6,515 to €7,179
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 | €653,883 | €190,617 | -€463,266 | -70.8% |
| Fixed assets | 21/28 | €11,363 | €7,142 | -€4,221 | -37.1% |
| Tangible fixed assets | 22/27 | €11,363 | €7,142 | -€4,221 | -37.1% |
| Plant, machinery and equipment | 23 | €8,759 | €4,645 | -€4,114 | -47.0% |
| Furniture and vehicles | 24 | €2,604 | €2,497 | -€107 | -4.1% |
| Current assets | 29/58 | €642,520 | €183,475 | -€459,045 | -71.4% |
| Amounts receivable after more than one year | 29 | €181,375 | €178,266 | -€3,109 | -1.7% |
| Other amounts receivable | 291 | €181,375 | €178,266 | -€3,109 | -1.7% |
| Amounts receivable within one year | 40/41 | €459,570 | €4,030 | -€455,540 | -99.1% |
| Trade receivables | 40 | €452,607 | €819 | -€451,788 | -99.8% |
| Other amounts receivable | 41 | €6,963 | €3,211 | -€3,752 | -53.9% |
| Cash at bank and in hand | 54/58 | €1,006 | €144 | -€862 | -85.7% |
| Deferred charges and accrued income | 490/1 | €569 | €1,035 | +€466 | +81.9% |
| Total equity and liabilities | 10/49 | €653,883 | €190,617 | -€463,266 | -70.8% |
| Equity | 10/15 | €64,336 | €73,157 | +€8,821 | +13.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,076 | €58,897 | +€8,821 | +17.6% |
| Amounts payable | 17/49 | €589,547 | €117,460 | -€472,087 | -80.1% |
| Amounts payable within one year | 42/48 | €589,547 | €113,798 | -€475,749 | -80.7% |
| Trade debts | 44 | €461,329 | €30,592 | -€430,737 | -93.4% |
| Suppliers | 440/4 | €461,329 | €30,592 | -€430,737 | -93.4% |
| Advances received on contracts in progress | 46 | €124,236 | €76,760 | -€47,476 | -38.2% |
| Taxes, remuneration and social security | 45 | €3,982 | €6,446 | +€2,464 | +61.9% |
| Taxes | 450/3 | €3,982 | €6,446 | +€2,464 | +61.9% |
| Accrued charges and deferred income | 492/3 | - | €3,662 | +€3,662 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,515 | €7,179 | +€664 | +10.2% |
| Other operating charges | 640/8 | €10,670 | €882 | -€9,788 | -91.7% |
| Gross operating margin | 9900 | €25,364 | €20,006 | -€5,358 | -21.1% |
| Operating profit (loss) | 9901 | €8,179 | €11,945 | +€3,766 | +46.0% |
| Financial income | 75/76B | €121 | €9 | -€112 | -92.6% |
| Recurring financial income | 75 | €121 | €9 | -€112 | -92.6% |
| Financial charges | 65/66B | €919 | €669 | -€250 | -27.2% |
| Recurring financial charges | 65 | €919 | €669 | -€250 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €7,381 | €11,285 | +€3,904 | +52.9% |
| Income taxes | 67/77 | €1,557 | €2,464 | +€907 | +58.3% |
| Profit (loss) for the period | 9904 | €5,824 | €8,821 | +€2,997 | +51.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,824 | €8,821 | +€2,997 | +51.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.