DMD 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.
DMD CONSTRUCT
Largest movements
- Receivables within one year +€73,864
up €73,864 (+53.3%), from €138,667 to €212,531
of which Trade receivables: +€43,399
- Tangible fixed assets -€26,254
down €26,254 (-6.5%), from €401,462 to €375,208
- Deferred charges and accrued income +€11,680
up €11,680 (+226%), from €5,165 to €16,845
- Reserves +€55,241
up €55,241 (+265%), from €20,876 to €76,117
of which Distributable reserves: +€55,241
- Debts after one year -€32,166
down €32,166 (-13.3%), from €242,565 to €210,399
- Short-term financial debts +€24,844
up €24,844 (+1,448%), from €1,716 to €26,560
of which Other loans: +€26,546
- Trade debts +€9,179
up €9,179 (+12.0%), from €76,483 to €85,662
- Tax, wage and social debts +€6,604
up €6,604 (+46.0%), from €14,349 to €20,954
of which Taxes: +€7,630
- Gross operating margin +€107,178
up €107,178 (+29.0%), from €369,913 to €477,091
- Taxes +€29,539
up €29,539 (+904%), from €3,267 to €32,806
- Staff costs +€22,051
up €22,051 (+7.4%), from €296,979 to €319,030
- Depreciation +€10,142
up €10,142 (+25.0%), from €40,587 to €50,729
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 | €561,841 | €626,858 | +€65,017 | +11.6% |
| Fixed assets | 21/28 | €401,732 | €375,478 | -€26,254 | -6.5% |
| Tangible fixed assets | 22/27 | €401,462 | €375,208 | -€26,254 | -6.5% |
| Land and buildings | 22 | €188,937 | €180,743 | -€8,194 | -4.3% |
| Plant, machinery and equipment | 23 | €78,251 | €65,913 | -€12,339 | -15.8% |
| Furniture and vehicles | 24 | €113,919 | €114,431 | +€512 | +0.4% |
| Leasing and similar rights | 25 | €20,355 | €14,121 | -€6,234 | -30.6% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €160,109 | €251,380 | +€91,271 | +57.0% |
| Stocks and contracts in progress | 3 | €3,329 | €4,182 | +€854 | +25.6% |
| Stocks | 30/36 | €3,329 | €4,182 | +€854 | +25.6% |
| Amounts receivable within one year | 40/41 | €138,667 | €212,531 | +€73,864 | +53.3% |
| Trade receivables | 40 | €70,937 | €114,335 | +€43,399 | +61.2% |
| Other amounts receivable | 41 | €67,730 | €98,195 | +€30,465 | +45.0% |
| Cash at bank and in hand | 54/58 | €12,949 | €17,822 | +€4,874 | +37.6% |
| Deferred charges and accrued income | 490/1 | €5,165 | €16,845 | +€11,680 | +226% |
| Total equity and liabilities | 10/49 | €561,841 | €626,858 | +€65,017 | +11.6% |
| Equity | 10/15 | €195,876 | €251,117 | +€55,241 | +28.2% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €20,876 | €76,117 | +€55,241 | +265% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €20,876 | €76,117 | +€55,241 | +265% |
| Amounts payable | 17/49 | €365,964 | €375,741 | +€9,777 | +2.7% |
| Amounts payable after more than one year | 17 | €242,565 | €210,399 | -€32,166 | -13.3% |
| Financial debts | 170/4 | €242,565 | €210,399 | -€32,166 | -13.3% |
| Amounts payable within one year | 42/48 | €123,399 | €165,342 | +€41,943 | +34.0% |
| Current portion of amounts payable after more than one year | 42 | €30,851 | €32,166 | +€1,315 | +4.3% |
| Financial debts | 43 | €1,716 | €26,560 | +€24,844 | +1,448% |
| Credit institutions | 430/8 | €1,716 | €14 | -€1,702 | -99.2% |
| Other loans | 439 | €0 | €26,546 | +€26,546 | |
| Trade debts | 44 | €76,483 | €85,662 | +€9,179 | +12.0% |
| Suppliers | 440/4 | €76,483 | €85,662 | +€9,179 | +12.0% |
| Taxes, remuneration and social security | 45 | €14,349 | €20,954 | +€6,604 | +46.0% |
| Taxes | 450/3 | €5,960 | €13,590 | +€7,630 | +128% |
| Remuneration and social security | 454/9 | €8,389 | €7,363 | -€1,026 | -12.2% |
| Remuneration, social security and pensions | 62 | €296,979 | €319,030 | +€22,051 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,587 | €50,729 | +€10,142 | +25.0% |
| Other operating charges | 640/8 | €6,062 | €7,963 | +€1,902 | +31.4% |
| Gross operating margin | 9900 | €369,913 | €477,091 | +€107,178 | +29.0% |
| Operating profit (loss) | 9901 | €26,286 | €99,369 | +€73,083 | +278% |
| Financial income | 75/76B | €1,680 | €3,702 | +€2,023 | +120% |
| Recurring financial income | 75 | €1,680 | €3,702 | +€2,023 | +120% |
| Financial charges | 65/66B | €19,581 | €15,024 | -€4,557 | -23.3% |
| Recurring financial charges | 65 | €19,581 | €15,024 | -€4,557 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €8,384 | €88,047 | +€79,663 | +950% |
| Income taxes | 67/77 | €3,267 | €32,806 | +€29,539 | +904% |
| Profit (loss) for the period | 9904 | €5,117 | €55,241 | +€50,124 | +980% |
| Profit (loss) for the period to be appropriated | 9905 | €5,117 | €55,241 | +€50,124 | +980% |
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 18 October 2026 via checked.be.