DND POOL GROUP: 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
DND POOL GROUP
NACE 43.990, Other specialised construction activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€24,058
2024 · €193,022-€168,964
Equity
€708,768
2024 · €704,711+€4,058
Cash
€28,993
2024 · €21,582+€7,412
Balance sheet total
€2.0m
2024 · €1.2m+€766,490
Largest movements
Assets
- Receivables within one year +€806,244
up €806,244 (+530.0%), from €152,113 to €958,358
of which Trade receivables: +€810,196
- Tangible fixed assets -€54,242
down €54,242 (-18.9%), from €286,686 to €232,445
of which Furniture and vehicles: -€40,625
- Stocks and contracts +€26,820
up €26,820 (+4.1%), from €653,240 to €680,059
Equity and liabilities
- Debts after one year +€234,633
up €234,633 (+595.5%), from €39,404 to €274,037
- Trade debts +€229,329
up €229,329 (+621.1%), from €36,925 to €266,253
- Tax, wage and social debts +€99,263
up €99,263 (+3984.7%), from €2,491 to €101,754
of which Taxes: +€94,053
- Other debts +€89,307
up €89,307 (+31.2%), from €286,048 to €375,355
- Short-term financial debts +€64,235
up €64,235 (+49.1%), from €130,765 to €195,000
Income statement
- Gross operating margin -€314,811
down €314,811 (-57.4%), from €548,816 to €234,005
- Staff costs -€99,624
down €99,624 (-64.7%), from €153,921 to €54,297
- Depreciation -€60,754
down €60,754 (-30.8%), from €197,430 to €136,675
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.
Result 2024
€193,022
Gross operating margin
-€314,811
Staff costs
+€99,624
Depreciation
+€60,754
Provisions
-€3,977
Other operating charges
-€893
Other operating items
-€4,855
Financial income
-€452
Financial charges
-€1,382
Taxes
+€257
Deferred taxes and other
-€3,230
Result 2025
€24,058
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.
From operations
-€261,021
Investment
-€56,101
Financing
+€324,534
Cash 2024
€21,582
From operations (derived)
-€261,021
Net result for the year
+€24,058
Depreciation
+€136,675
Stocks and contracts
-€26,820
Receivables within one year
-€806,244
Deferred charges and accrued income
-€6,589
Trade debts
+€229,329
Tax, wage and social debts
+€99,263
Other debts
+€89,307
Investment (derived)
-€56,101
Investment in fixed assets (net)
-€56,101
Financing
+€324,534
Debts after one year
+€234,633
Current portion of long-term debt
+€45,666
Short-term financial debts
+€64,235
Contributions, distributions and other
-€20,000
Cash 2025
€28,993
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,225,069 | €1,991,559 | +€766,490 | +62.6% |
| Formation expenses | 20 | €55,246 | €41,846 | -€13,400 | -24.3% |
| Fixed assets | 21/28 | €327,019 | €259,845 | -€67,174 | -20.5% |
| Intangible fixed assets | 21 | €38,713 | €25,780 | -€12,933 | -33.4% |
| Tangible fixed assets | 22/27 | €286,686 | €232,445 | -€54,242 | -18.9% |
| Plant, machinery and equipment | 23 | €81,945 | €76,329 | -€5,616 | -6.9% |
| Furniture and vehicles | 24 | €177,974 | €137,349 | -€40,625 | -22.8% |
| Leasing and similar rights | 25 | €26,767 | €18,767 | -€8,000 | -29.9% |
| Financial fixed assets | 28 | €1,620 | €1,620 | = | 0.0% |
| Current assets | 29/58 | €842,804 | €1,689,868 | +€847,064 | +100.5% |
| Stocks and contracts in progress | 3 | €653,240 | €680,059 | +€26,820 | +4.1% |
| Stocks | 30/36 | €653,240 | €680,059 | +€26,820 | +4.1% |
| Amounts receivable within one year | 40/41 | €152,113 | €958,358 | +€806,244 | +530.0% |
| Trade receivables | 40 | €143,188 | €953,384 | +€810,196 | +565.8% |
| Other amounts receivable | 41 | €8,925 | €4,974 | -€3,952 | -44.3% |
| Cash at bank and in hand | 54/58 | €21,582 | €28,993 | +€7,412 | +34.3% |
| Deferred charges and accrued income | 490/1 | €15,869 | €22,458 | +€6,589 | +41.5% |
| Total equity and liabilities | 10/49 | €1,225,069 | €1,991,559 | +€766,490 | +62.6% |
| Equity | 10/15 | €704,711 | €708,768 | +€4,058 | +0.6% |
| Contributions | 10/11 | €15,902 | €15,902 | = | 0.0% |
| Reserves | 13 | €1,590 | €1,590 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,590 | €1,590 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,590 | €1,590 | = | 0.0% |
| Profit (loss) carried forward | 14 | €687,218 | €691,275 | +€4,058 | +0.6% |
| Amounts payable | 17/49 | €520,359 | €1,282,791 | +€762,432 | +146.5% |
| Amounts payable after more than one year | 17 | €39,404 | €274,037 | +€234,633 | +595.5% |
| Financial debts | 170/4 | €39,404 | €274,037 | +€234,633 | +595.5% |
| Amounts payable within one year | 42/48 | €480,955 | €1,008,754 | +€527,799 | +109.7% |
| Current portion of amounts payable after more than one year | 42 | €24,725 | €70,392 | +€45,666 | +184.7% |
| Financial debts | 43 | €130,765 | €195,000 | +€64,235 | +49.1% |
| Credit institutions | 430/8 | €130,765 | €195,000 | +€64,235 | +49.1% |
| Trade debts | 44 | €36,925 | €266,253 | +€229,329 | +621.1% |
| Suppliers | 440/4 | €36,925 | €266,253 | +€229,329 | +621.1% |
| Taxes, remuneration and social security | 45 | €2,491 | €101,754 | +€99,263 | +3984.7% |
| Taxes | 450/3 | €2,446 | €96,499 | +€94,053 | +3846.0% |
| Remuneration and social security | 454/9 | €46 | €5,255 | +€5,210 | +11424.4% |
| Other amounts payable | 47/48 | €286,048 | €375,355 | +€89,307 | +31.2% |
| Remuneration, social security and pensions | 62 | €153,921 | €54,297 | -€99,624 | -64.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €197,430 | €136,675 | -€60,754 | -30.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€3,977 | €0 | +€3,977 | |
| Other operating charges | 640/8 | €771 | €1,664 | +€893 | +115.8% |
| Non-recurring operating charges | 66A | - | €4,855 | +€4,855 | |
| Gross operating margin | 9900 | €548,816 | €234,005 | -€314,811 | -57.4% |
| Operating profit (loss) | 9901 | €200,671 | €36,514 | -€164,157 | -81.8% |
| Financial income | 75/76B | €453 | €1 | -€452 | -99.9% |
| Recurring financial income | 75 | €453 | €1 | -€452 | -99.9% |
| Financial charges | 65/66B | €10,698 | €12,080 | +€1,382 | +12.9% |
| Recurring financial charges | 65 | €10,698 | €12,080 | +€1,382 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | €190,425 | €24,434 | -€165,991 | -87.2% |
| Transfer from deferred taxes | 780 | €3,230 | €0 | -€3,230 | -100.0% |
| Income taxes | 67/77 | €633 | €376 | -€257 | -40.6% |
| Profit (loss) for the period | 9904 | €193,022 | €24,058 | -€168,964 | -87.5% |
| Transfer from tax-exempt reserves | 789 | €47,006 | €0 | -€47,006 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €240,028 | €24,058 | -€215,970 | -90.0% |
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 8 October 2026 via checked.be.