DNL 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.
DNL Construct
Largest movements
- Receivables within one year -€51,000
down €51,000 (-32.6%), from €156,542 to €105,542
of which Other amounts receivable: -€52,654
- Cash -€49,859
down €49,859 (-91.9%), from €54,246 to €4,387
mainly Debts after one year (-€230,312) and Current portion of long-term debt (-€160,433)
- Debts after one year -€230,312
down €230,312 (-40.8%), from €564,449 to €334,137
- Reserves +€203,073
up €203,073 (+42.4%), from €479,276 to €682,349
- Current portion of long-term debt -€160,433
down €160,433 (-79.9%), from €200,745 to €40,312
- Other debts +€99,018
up €99,018 (+1550.0%), from €6,388 to €105,406
- Tax, wage and social debts -€14,676
down €14,676 (-29.9%), from €49,033 to €34,358
of which Taxes: -€10,772
- Gross operating margin +€55,204
up €55,204 (+51.5%), from €107,090 to €162,295
- Financial income -€50,000
down €50,000 (-33.3%), from €150,000 to €100,000
- Taxes +€12,013
up €12,013 (+27.6%), from €43,475 to €55,488
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 | €1,304,941 | €1,202,929 | -€102,013 | -7.8% |
| Fixed assets | 21/28 | €1,093,000 | €1,093,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,093,000 | €1,093,000 | = | 0.0% |
| Current assets | 29/58 | €211,941 | €109,929 | -€102,013 | -48.1% |
| Amounts receivable within one year | 40/41 | €156,542 | €105,542 | -€51,000 | -32.6% |
| Trade receivables | 40 | - | €1,654 | +€1,654 | |
| Other amounts receivable | 41 | €156,542 | €103,887 | -€52,654 | -33.6% |
| Cash at bank and in hand | 54/58 | €54,246 | €4,387 | -€49,859 | -91.9% |
| Deferred charges and accrued income | 490/1 | €1,154 | €0 | -€1,154 | -100.0% |
| Total equity and liabilities | 10/49 | €1,304,941 | €1,202,929 | -€102,013 | -7.8% |
| Equity | 10/15 | €484,276 | €687,349 | +€203,073 | +41.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €479,276 | €682,349 | +€203,073 | +42.4% |
| Distributable reserves | 133 | €479,276 | €682,349 | +€203,073 | +42.4% |
| Amounts payable | 17/49 | €820,665 | €515,580 | -€305,085 | -37.2% |
| Amounts payable after more than one year | 17 | €564,449 | €334,137 | -€230,312 | -40.8% |
| Financial debts | 170/4 | €564,449 | €334,137 | -€230,312 | -40.8% |
| Amounts payable within one year | 42/48 | €256,217 | €181,443 | -€74,773 | -29.2% |
| Current portion of amounts payable after more than one year | 42 | €200,745 | €40,312 | -€160,433 | -79.9% |
| Trade debts | 44 | €50 | €1,367 | +€1,317 | +2633.6% |
| Suppliers | 440/4 | €50 | €1,367 | +€1,317 | +2633.6% |
| Taxes, remuneration and social security | 45 | €49,033 | €34,358 | -€14,676 | -29.9% |
| Taxes | 450/3 | €45,130 | €34,358 | -€10,772 | -23.9% |
| Remuneration and social security | 454/9 | €3,904 | €0 | -€3,904 | -100.0% |
| Other amounts payable | 47/48 | €6,388 | €105,406 | +€99,018 | +1550.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €722 | €545 | -€177 | -24.5% |
| Gross operating margin | 9900 | €107,090 | €162,295 | +€55,204 | +51.5% |
| Operating profit (loss) | 9901 | €106,368 | €161,750 | +€55,381 | +52.1% |
| Financial income | 75/76B | €150,000 | €100,000 | -€50,000 | -33.3% |
| Recurring financial income | 75 | €150,000 | €100,000 | -€50,000 | -33.3% |
| Financial charges | 65/66B | €1,838 | €3,189 | +€1,351 | +73.5% |
| Recurring financial charges | 65 | €1,838 | €3,189 | +€1,351 | +73.5% |
| Profit (loss) for the period before taxes | 9903 | €254,531 | €258,561 | +€4,030 | +1.6% |
| Income taxes | 67/77 | €43,475 | €55,488 | +€12,013 | +27.6% |
| Profit (loss) for the period | 9904 | €211,055 | €203,073 | -€7,983 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €211,055 | €203,073 | -€7,983 | -3.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.