DNC BUILD: 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.
DNC BUILD
Largest movements
- Receivables within one year -€275,719
down €275,719 (-27.2%), from €1.0m to €736,554
of which Trade receivables: -€363,125
- Stocks and contracts +€266,581
new in 2025: €266,581
- Tangible fixed assets -€206,578
down €206,578 (-22.7%), from €911,694 to €705,116
of which Furniture and vehicles: -€105,749
- Cash -€65,645
down €65,645 (-10.1%), from €651,339 to €585,694
mainly Stocks and contracts (-€266,581) and Tax, wage and social debts (-€186,944)
- Tax, wage and social debts -€186,944
down €186,944 (-94.9%), from €196,972 to €10,029
of which Taxes: -€184,949
- Trade debts -€85,773
down €85,773 (-18.3%), from €467,530 to €381,757
- Profit (loss) carried forward +€83,985
up €83,985 (+5.7%), from €1.5m to €1.5m
- Debts after one year -€65,397
down €65,397 (-21.0%), from €311,162 to €245,766
- Current portion of long-term debt -€25,927
down €25,927 (-20.9%), from €124,130 to €98,204
- Gross operating margin -€528,396
down €528,396 (-55.2%), from €957,780 to €429,385
- Taxes -€157,033
down €157,033 (-84.9%), from €184,949 to €27,916
- Depreciation +€64,618
up €64,618 (+32.4%), from €199,336 to €263,953
- Staff costs -€33,312
down €33,312 (-48.3%), from €68,916 to €35,603
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 | €2,577,987 | €2,297,931 | -€280,055 | -10.9% |
| Fixed assets | 21/28 | €914,282 | €707,704 | -€206,578 | -22.6% |
| Tangible fixed assets | 22/27 | €911,694 | €705,116 | -€206,578 | -22.7% |
| Plant, machinery and equipment | 23 | €28,170 | €17,658 | -€10,512 | -37.3% |
| Furniture and vehicles | 24 | €368,220 | €262,471 | -€105,749 | -28.7% |
| Leasing and similar rights | 25 | €515,303 | €424,987 | -€90,317 | -17.5% |
| Financial fixed assets | 28 | €2,588 | €2,588 | = | 0.0% |
| Current assets | 29/58 | €1,663,705 | €1,590,228 | -€73,478 | -4.4% |
| Stocks and contracts in progress | 3 | - | €266,581 | +€266,581 | |
| Contracts in progress | 37 | - | €266,581 | +€266,581 | |
| Amounts receivable within one year | 40/41 | €1,012,272 | €736,554 | -€275,719 | -27.2% |
| Trade receivables | 40 | €989,678 | €626,553 | -€363,125 | -36.7% |
| Other amounts receivable | 41 | €22,594 | €110,000 | +€87,407 | +386.9% |
| Cash at bank and in hand | 54/58 | €651,339 | €585,694 | -€65,645 | -10.1% |
| Deferred charges and accrued income | 490/1 | €94 | €1,399 | +€1,305 | +1387.0% |
| Total equity and liabilities | 10/49 | €2,577,987 | €2,297,931 | -€280,055 | -10.9% |
| Equity | 10/15 | €1,471,922 | €1,555,907 | +€83,985 | +5.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,463,862 | €1,547,847 | +€83,985 | +5.7% |
| Amounts payable | 17/49 | €1,106,065 | €742,024 | -€364,040 | -32.9% |
| Amounts payable after more than one year | 17 | €311,162 | €245,766 | -€65,397 | -21.0% |
| Financial debts | 170/4 | €311,162 | €245,766 | -€65,397 | -21.0% |
| Amounts payable within one year | 42/48 | €794,902 | €496,259 | -€298,643 | -37.6% |
| Current portion of amounts payable after more than one year | 42 | €124,130 | €98,204 | -€25,927 | -20.9% |
| Trade debts | 44 | €467,530 | €381,757 | -€85,773 | -18.3% |
| Suppliers | 440/4 | €467,530 | €381,757 | -€85,773 | -18.3% |
| Advances received on contracts in progress | 46 | €2,812 | €2,812 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €196,972 | €10,029 | -€186,944 | -94.9% |
| Taxes | 450/3 | €184,949 | - | -€184,949 | |
| Remuneration and social security | 454/9 | €12,024 | €10,029 | -€1,995 | -16.6% |
| Other amounts payable | 47/48 | €3,458 | €3,458 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €68,916 | €35,603 | -€33,312 | -48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €199,336 | €263,953 | +€64,618 | +32.4% |
| Other operating charges | 640/8 | €1,891 | €1,752 | -€139 | -7.4% |
| Gross operating margin | 9900 | €957,780 | €429,385 | -€528,396 | -55.2% |
| Operating profit (loss) | 9901 | €687,638 | €128,076 | -€559,562 | -81.4% |
| Financial income | 75/76B | €38 | €0 | -€38 | -100.0% |
| Recurring financial income | 75 | €38 | €0 | -€38 | -100.0% |
| Financial charges | 65/66B | €7,129 | €16,176 | +€9,047 | +126.9% |
| Recurring financial charges | 65 | €7,129 | €16,176 | +€9,047 | +126.9% |
| Profit (loss) for the period before taxes | 9903 | €680,547 | €111,900 | -€568,647 | -83.6% |
| Income taxes | 67/77 | €184,949 | €27,916 | -€157,033 | -84.9% |
| Profit (loss) for the period | 9904 | €495,599 | €83,985 | -€411,614 | -83.1% |
| Profit (loss) for the period to be appropriated | 9905 | €495,599 | €83,985 | -€411,614 | -83.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.