DLS Construction: 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.
DLS Construction
Largest movements
- Cash +€39,218
up €39,218 (+89.3%), from €43,896 to €83,114
mainly Net result for the year (+€31,283) and Depreciation (+€26,206)
- Tangible fixed assets +€25,716
up €25,716 (+32.1%), from €80,099 to €105,814
of which Plant, machinery and equipment: +€55,750
- Reserves +€31,000
new in 2025: €31,000
- Debts after one year +€25,712
up €25,712 (+64.9%), from €39,633 to €65,346
- Other debts -€13,154
down €13,154 (-47.2%), from €27,865 to €14,711
- Tax, wage and social debts +€11,265
up €11,265 (+258.8%), from €4,353 to €15,618
of which Taxes: +€11,626
- Trade debts +€10,292
up €10,292 (+16.9%), from €60,773 to €71,065
- Gross operating margin +€68,111
up €68,111 (+60.3%), from €112,955 to €181,065
- Staff costs +€36,438
up €36,438 (+81.0%), from €44,969 to €81,407
- Depreciation +€6,226
up €6,226 (+31.2%), from €19,981 to €26,206
- Financial charges +€3,271
up €3,271 (+61.6%), from €5,313 to €8,584
- Taxes +€2,850
up €2,850 (+35.7%), from €7,985 to €10,835
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 | €192,742 | €259,594 | +€66,852 | +34.7% |
| Formation expenses | 20 | €133 | - | -€133 | |
| Fixed assets | 21/28 | €81,899 | €108,800 | +€26,901 | +32.8% |
| Intangible fixed assets | 21 | €0 | €1,186 | +€1,186 | +988025.0% |
| Tangible fixed assets | 22/27 | €80,099 | €105,814 | +€25,716 | +32.1% |
| Plant, machinery and equipment | 23 | €23,299 | €79,049 | +€55,750 | +239.3% |
| Furniture and vehicles | 24 | €55,950 | €26,315 | -€29,635 | -53.0% |
| Other tangible fixed assets | 26 | €849 | €449 | -€400 | -47.1% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €110,711 | €150,794 | +€40,084 | +36.2% |
| Amounts receivable within one year | 40/41 | €60,158 | €60,238 | +€81 | +0.1% |
| Trade receivables | 40 | €48,624 | €46,052 | -€2,572 | -5.3% |
| Other amounts receivable | 41 | €11,534 | €14,187 | +€2,653 | +23.0% |
| Cash at bank and in hand | 54/58 | €43,896 | €83,114 | +€39,218 | +89.3% |
| Deferred charges and accrued income | 490/1 | €6,657 | €7,442 | +€785 | +11.8% |
| Total equity and liabilities | 10/49 | €192,742 | €259,594 | +€66,852 | +34.7% |
| Equity | 10/15 | €42,320 | €73,603 | +€31,283 | +73.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €31,000 | +€31,000 | |
| Distributable reserves | 133 | - | €31,000 | +€31,000 | |
| Profit (loss) carried forward | 14 | €32,320 | €32,603 | +€283 | +0.9% |
| Amounts payable | 17/49 | €150,422 | €185,991 | +€35,569 | +23.6% |
| Amounts payable after more than one year | 17 | €39,633 | €65,346 | +€25,712 | +64.9% |
| Financial debts | 170/4 | €39,633 | €65,346 | +€25,712 | +64.9% |
| Amounts payable within one year | 42/48 | €110,788 | €120,645 | +€9,856 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | €17,797 | €19,250 | +€1,453 | +8.2% |
| Trade debts | 44 | €60,773 | €71,065 | +€10,292 | +16.9% |
| Suppliers | 440/4 | €60,773 | €71,065 | +€10,292 | +16.9% |
| Taxes, remuneration and social security | 45 | €4,353 | €15,618 | +€11,265 | +258.8% |
| Taxes | 450/3 | - | €11,626 | +€11,626 | |
| Remuneration and social security | 454/9 | €4,353 | €3,992 | -€361 | -8.3% |
| Other amounts payable | 47/48 | €27,865 | €14,711 | -€13,154 | -47.2% |
| Non-recurring operating income | 76A | - | €16,642 | +€16,642 | |
| Remuneration, social security and pensions | 62 | €44,969 | €81,407 | +€36,438 | +81.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,981 | €26,206 | +€6,226 | +31.2% |
| Other operating charges | 640/8 | €2,398 | €994 | -€1,404 | -58.5% |
| Non-recurring operating charges | 66A | - | €21,861 | +€21,861 | |
| Gross operating margin | 9900 | €112,955 | €181,065 | +€68,111 | +60.3% |
| Operating profit (loss) | 9901 | €45,607 | €50,597 | +€4,990 | +10.9% |
| Financial income | 75/76B | €12 | €105 | +€94 | +799.0% |
| Recurring financial income | 75 | €12 | €105 | +€94 | +799.0% |
| Financial charges | 65/66B | €5,313 | €8,584 | +€3,271 | +61.6% |
| Recurring financial charges | 65 | €5,313 | €8,584 | +€3,271 | +61.6% |
| Profit (loss) for the period before taxes | 9903 | €40,305 | €42,118 | +€1,813 | +4.5% |
| Income taxes | 67/77 | €7,985 | €10,835 | +€2,850 | +35.7% |
| Profit (loss) for the period | 9904 | €32,320 | €31,283 | -€1,037 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €32,320 | €31,283 | -€1,037 | -3.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.