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DM 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.

What changed

DM CONSTRUCT

BE 0502.374.084
NACE 43.320, Joinery installation
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€62,991
2023 · €126,288-€63,297
Equity
€234,803
2023 · €171,812+€62,991
Cash
€293,246
2023 · €186,248+€106,998
Balance sheet total
€294,218
2023 · €245,152+€49,066

Largest movements

2023 to 2024
Assets
  • Cash +€106,998

    up €106,998 (+57.4%), from €186,248 to €293,246

    mainly Net result for the year (+€62,991) and Trade debts (+€27,011)

  • Tangible fixed assets -€33,091

    no longer reported in 2024 (was €33,091)

    of which Furniture and vehicles: -€20,000

  • Receivables within one year -€24,841

    down €24,841 (-96.2%), from €25,813 to €972

    of which Trade receivables: -€24,101

Equity and liabilities
  • Profit (loss) carried forward +€62,991

    up €62,991 (+53.9%), from €116,812 to €179,803

  • Contributions -€50,000

    no longer reported in 2024 (was €50,000)

  • Reserves +€50,000

    up €50,000 (+1000.0%), from €5,000 to €55,000

  • Tax, wage and social debts -€46,936

    down €46,936 (-78.9%), from €59,494 to €12,558

    of which Remuneration and social security: -€50,316

  • Trade debts +€27,011

    up €27,011 (+195.1%), from €13,846 to €40,857

Income statement
  • Turnover -€108,674

    down €108,674 (-15.0%), from €723,703 to €615,029

  • Gross operating margin -€90,001

    down €90,001 (-36.8%), from €244,882 to €154,881

  • Staff costs -€56,991

    down €56,991 (-56.9%), from €100,159 to €43,168

  • Taxes +€32,335

    up €32,335 (+1367.8%), from €2,364 to €34,699

  • Purchases and services -€18,673

    down €18,673 (-3.9%), from €478,821 to €460,148

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €126,288
Gross operating margin -€90,001
Staff costs +€56,991
Depreciation +€1,438
Other operating charges +€474
Financial income +€40
Financial charges +€96
Taxes -€32,335
Result 2024 €62,991

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€86,998
Investment +€20,000
Financing €0
Cash 2023 €186,248
Net result for the year +€62,991
Depreciation +€13,091
Receivables within one year +€24,841
Trade debts +€27,011
Tax, wage and social debts -€46,936
Other debts +€6,000
Investment in fixed assets (net) +€20,000
Cash 2024 €293,246
Every line side by side 41 lines
Line Code 2023 2024 Change %
Total assets 20/58 €245,152 €294,218 +€49,066 +20.0%
Fixed assets 21/28 €33,091 - -€33,091
Tangible fixed assets 22/27 €33,091 - -€33,091
Plant, machinery and equipment 23 €13,091 - -€13,091
Furniture and vehicles 24 €20,000 - -€20,000
Current assets 29/58 €212,061 €294,218 +€82,157 +38.7%
Amounts receivable within one year 40/41 €25,813 €972 -€24,841 -96.2%
Trade receivables 40 €25,073 €972 -€24,101 -96.1%
Other amounts receivable 41 €740 - -€740
Cash at bank and in hand 54/58 €186,248 €293,246 +€106,998 +57.4%
Total equity and liabilities 10/49 €245,152 €294,218 +€49,066 +20.0%
Equity 10/15 €171,812 €234,803 +€62,991 +36.7%
Contributions 10/11 €50,000 - -€50,000
Reserves 13 €5,000 €55,000 +€50,000 +1000.0%
Non-distributable reserves 130/1 €5,000 €55,000 +€50,000 +1000.0%
Reserves not available under the articles 1311 €5,000 €50,000 +€45,000 +900.0%
Other 1319 - €5,000 +€5,000
Profit (loss) carried forward 14 €116,812 €179,803 +€62,991 +53.9%
Amounts payable 17/49 €73,340 €59,415 -€13,925 -19.0%
Amounts payable within one year 42/48 €73,340 €59,415 -€13,925 -19.0%
Trade debts 44 €13,846 €40,857 +€27,011 +195.1%
Suppliers 440/4 €13,846 €40,857 +€27,011 +195.1%
Taxes, remuneration and social security 45 €59,494 €12,558 -€46,936 -78.9%
Taxes 450/3 €3,733 €7,113 +€3,380 +90.5%
Remuneration and social security 454/9 €55,761 €5,445 -€50,316 -90.2%
Other amounts payable 47/48 - €6,000 +€6,000
Turnover 70 €723,703 €615,029 -€108,674 -15.0%
Goods, raw materials, services and sundry goods 60/61 €478,821 €460,148 -€18,673 -3.9%
Remuneration, social security and pensions 62 €100,159 €43,168 -€56,991 -56.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €14,529 €13,091 -€1,438 -9.9%
Other operating charges 640/8 €1,203 €729 -€474 -39.4%
Gross operating margin 9900 €244,882 €154,881 -€90,001 -36.8%
Operating profit (loss) 9901 €128,991 €97,893 -€31,098 -24.1%
Financial income 75/76B - €40 +€40
Recurring financial income 75 - €40 +€40
Financial charges 65/66B €339 €243 -€96 -28.3%
Recurring financial charges 65 €339 €243 -€96 -28.3%
Profit (loss) for the period before taxes 9903 €128,652 €97,690 -€30,962 -24.1%
Income taxes 67/77 €2,364 €34,699 +€32,335 +1367.8%
Profit (loss) for the period 9904 €126,288 €62,991 -€63,297 -50.1%
Profit (loss) for the period to be appropriated 9905 €126,288 €62,991 -€63,297 -50.1%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.