DLC: what changed
What changed
DLC
NACE 43.910, Bricklaying and masonry work
filed annual accounts (NBB)
Net result for the year
€42,807
2024 · €30,771+€12,036
Equity
€225,070
2024 · €182,263+€42,807
Cash
€165,884
2024 · €90,790+€75,093
Balance sheet total
€257,054
2024 · €218,605+€38,449
Largest movements
Assets
- Cash +€75,093
up €75,093 (+82.7%), from €90,790 to €165,884
mainly Stocks and contracts (+€46,986) and Net result for the year (+€42,807)
- Stocks and contracts -€46,986
down €46,986 (-53.8%), from €87,400 to €40,414
- Receivables within one year +€6,233
up €6,233 (+65.7%), from €9,486 to €15,719
of which Trade receivables: +€3,205
- Tangible fixed assets +€4,291
up €4,291 (+15.6%), from €27,447 to €31,738
of which Furniture and vehicles: +€10,684
Equity and liabilities
- Reserves +€42,807
up €42,807 (+24.3%), from €176,063 to €218,870
- Debts after one year -€4,335
down €4,335 (-54.1%), from €8,020 to €3,685
Income statement
- Gross operating margin +€17,490
up €17,490 (+33.6%), from €52,055 to €69,545
- Taxes +€4,500
up €4,500 (+37.6%), from €11,972 to €16,472
- Depreciation +€1,033
up €1,033 (+13.2%), from €7,802 to €8,835
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€30,771
Gross operating margin
+€17,490
Depreciation
-€1,033
Other operating charges
-€148
Financial income
+€126
Financial charges
+€101
Taxes
-€4,500
Result 2025
€42,807
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€92,747
Investment
-€13,126
Financing
-€4,527
Cash 2024
€90,790
From operations (derived)
+€92,747
Net result for the year
+€42,807
Depreciation
+€8,835
Stocks and contracts
+€46,986
Receivables within one year
-€6,233
Deferred charges and accrued income
+€182
Trade debts
-€2,298
Tax, wage and social debts
+€1,827
Other debts
+€640
Investment (derived)
-€13,126
Investment in fixed assets (net)
-€13,126
Financing
-€4,527
Debts after one year
-€4,335
Current portion of long-term debt
-€192
Cash 2025
€165,884
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €218,605 | €257,054 | +€38,449 | +17.6% |
| Fixed assets | 21/28 | €27,447 | €31,738 | +€4,291 | +15.6% |
| Tangible fixed assets | 22/27 | €27,447 | €31,738 | +€4,291 | +15.6% |
| Land and buildings | 22 | €2,515 | €2,235 | -€280 | -11.1% |
| Plant, machinery and equipment | 23 | €6,659 | €5,729 | -€929 | -14.0% |
| Furniture and vehicles | 24 | €3,857 | €14,541 | +€10,684 | +277% |
| Leasing and similar rights | 25 | €14,416 | €9,232 | -€5,184 | -36.0% |
| Current assets | 29/58 | €191,158 | €225,317 | +€34,158 | +17.9% |
| Stocks and contracts in progress | 3 | €87,400 | €40,414 | -€46,986 | -53.8% |
| Contracts in progress | 37 | €87,400 | €40,414 | -€46,986 | -53.8% |
| Amounts receivable within one year | 40/41 | €9,486 | €15,719 | +€6,233 | +65.7% |
| Trade receivables | 40 | €740 | €3,945 | +€3,205 | +433% |
| Other amounts receivable | 41 | €8,746 | €11,774 | +€3,028 | +34.6% |
| Cash at bank and in hand | 54/58 | €90,790 | €165,884 | +€75,093 | +82.7% |
| Deferred charges and accrued income | 490/1 | €3,482 | €3,300 | -€182 | -5.2% |
| Total equity and liabilities | 10/49 | €218,605 | €257,054 | +€38,449 | +17.6% |
| Equity | 10/15 | €182,263 | €225,070 | +€42,807 | +23.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €176,063 | €218,870 | +€42,807 | +24.3% |
| Distributable reserves | 133 | €176,063 | €218,870 | +€42,807 | +24.3% |
| Amounts payable | 17/49 | €36,342 | €31,984 | -€4,358 | -12.0% |
| Amounts payable after more than one year | 17 | €8,020 | €3,685 | -€4,335 | -54.1% |
| Financial debts | 170/4 | €8,020 | €3,685 | -€4,335 | -54.1% |
| Amounts payable within one year | 42/48 | €28,322 | €28,299 | -€22 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €4,527 | €4,335 | -€192 | -4.2% |
| Trade debts | 44 | €22,099 | €19,801 | -€2,298 | -10.4% |
| Suppliers | 440/4 | €22,099 | €19,801 | -€2,298 | -10.4% |
| Taxes, remuneration and social security | 45 | €1,144 | €2,972 | +€1,827 | +160% |
| Taxes | 450/3 | €1,144 | €2,972 | +€1,827 | +160% |
| Other amounts payable | 47/48 | €552 | €1,191 | +€640 | +116% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,802 | €8,835 | +€1,033 | +13.2% |
| Other operating charges | 640/8 | €683 | €832 | +€148 | +21.7% |
| Gross operating margin | 9900 | €52,055 | €69,545 | +€17,490 | +33.6% |
| Operating profit (loss) | 9901 | €43,569 | €59,878 | +€16,309 | +37.4% |
| Financial income | 75/76B | €50 | €175 | +€126 | +253% |
| Recurring financial income | 75 | €50 | €175 | +€126 | +253% |
| Financial charges | 65/66B | €876 | €774 | -€101 | -11.6% |
| Recurring financial charges | 65 | €876 | €774 | -€101 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €42,744 | €59,279 | +€16,535 | +38.7% |
| Income taxes | 67/77 | €11,972 | €16,472 | +€4,500 | +37.6% |
| Profit (loss) for the period | 9904 | €30,771 | €42,807 | +€12,036 | +39.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,771 | €42,807 | +€12,036 | +39.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.