Dream Concept: 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.
What changed
Dream Concept
NACE 68.121, Development of residential building projects
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2,494
2024 · -€37,101+€39,595
Equity
€179,505
2024 · €177,012+€2,494
Cash
€7,622
2024 · €15,762-€8,140
Balance sheet total
€1.7m
2024 · €1.8m-€49,456
Largest movements
Assets
- Tangible fixed assets -€76,785
down €76,785 (-4.6%), from €1.7m to €1.6m
of which Land and buildings: -€55,816
- Receivables within one year +€33,721
up €33,721 (+87.2%), from €38,683 to €72,404
of which Trade receivables: +€33,654
Equity and liabilities
- Debts after one year -€67,295
down €67,295 (-4.6%), from €1.5m to €1.4m
of which Financial debts: -€65,995
Income statement
- Gross operating margin +€29,226
up €29,226 (+21.9%), from €133,347 to €162,573
- Staff costs -€6,465
down €6,465 (-13.7%), from €47,356 to €40,891
- Depreciation -€2,850
down €2,850 (-3.7%), from €77,353 to €74,503
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
-€37,101
Gross operating margin
+€29,226
Staff costs
+€6,465
Depreciation
+€2,850
Other operating charges
-€257
Financial income
-€11
Financial charges
+€1,601
Taxes
-€279
Result 2025
€2,494
raises the resultlowers the result
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.
From operations
+€55,076
Investment
+€2,282
Financing
-€65,498
Cash 2024
€15,762
From operations (derived)
+€55,076
Net result for the year
+€2,494
Depreciation
+€74,503
Stocks and contracts
-€1,759
Receivables within one year
-€33,721
Smaller working-capital items
-€72
Trade debts
+€11,696
Tax, wage and social debts
+€1,936
Investment (derived)
+€2,282
Investment in fixed assets (net)
+€2,282
Financing
-€65,498
Debts after one year
-€67,295
Current portion of long-term debt
+€1,797
Cash 2025
€7,622
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,751,787 | €1,702,331 | -€49,456 | -2.8% |
| Fixed assets | 21/28 | €1,663,213 | €1,586,428 | -€76,785 | -4.6% |
| Tangible fixed assets | 22/27 | €1,663,213 | €1,586,428 | -€76,785 | -4.6% |
| Land and buildings | 22 | €1,546,773 | €1,490,957 | -€55,816 | -3.6% |
| Plant, machinery and equipment | 23 | €113,619 | €95,320 | -€18,299 | -16.1% |
| Furniture and vehicles | 24 | €2,821 | €151 | -€2,670 | -94.6% |
| Current assets | 29/58 | €88,574 | €115,903 | +€27,328 | +30.9% |
| Stocks and contracts in progress | 3 | €30,946 | €32,705 | +€1,759 | +5.7% |
| Stocks | 30/36 | €30,946 | €32,705 | +€1,759 | +5.7% |
| Amounts receivable within one year | 40/41 | €38,683 | €72,404 | +€33,721 | +87.2% |
| Trade receivables | 40 | €38,438 | €72,091 | +€33,654 | +87.6% |
| Other amounts receivable | 41 | €245 | €313 | +€67 | +27.4% |
| Cash at bank and in hand | 54/58 | €15,762 | €7,622 | -€8,140 | -51.6% |
| Deferred charges and accrued income | 490/1 | €3,184 | €3,172 | -€12 | -0.4% |
| Total equity and liabilities | 10/49 | €1,751,787 | €1,702,331 | -€49,456 | -2.8% |
| Equity | 10/15 | €177,012 | €179,505 | +€2,494 | +1.4% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €1,632 | €1,632 | = | 0.0% |
| Distributable reserves | 133 | €1,632 | €1,632 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,620 | -€22,126 | +€2,494 | +10.1% |
| Amounts payable | 17/49 | €1,574,775 | €1,522,825 | -€51,950 | -3.3% |
| Amounts payable after more than one year | 17 | €1,462,033 | €1,394,739 | -€67,295 | -4.6% |
| Financial debts | 170/4 | €1,103,503 | €1,037,509 | -€65,995 | -6.0% |
| Other amounts payable | 178/9 | €358,530 | €357,230 | -€1,300 | -0.4% |
| Amounts payable within one year | 42/48 | €111,792 | €127,137 | +€15,345 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €69,379 | €71,176 | +€1,797 | +2.6% |
| Trade debts | 44 | €1,999 | €13,695 | +€11,696 | +585% |
| Suppliers | 440/4 | €1,999 | €13,695 | +€11,696 | +585% |
| Taxes, remuneration and social security | 45 | €9,696 | €11,632 | +€1,936 | +20.0% |
| Taxes | 450/3 | €3,382 | €3,407 | +€25 | +0.7% |
| Remuneration and social security | 454/9 | €6,314 | €8,225 | +€1,911 | +30.3% |
| Other amounts payable | 47/48 | €30,719 | €30,634 | -€85 | -0.3% |
| Accrued charges and deferred income | 492/3 | €950 | €950 | = | 0.0% |
| Non-recurring operating income | 76A | - | €7,515 | +€7,515 | |
| Remuneration, social security and pensions | 62 | €47,356 | €40,891 | -€6,465 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,353 | €74,503 | -€2,850 | -3.7% |
| Other operating charges | 640/8 | €8,155 | €8,411 | +€257 | +3.1% |
| Gross operating margin | 9900 | €133,347 | €162,573 | +€29,226 | +21.9% |
| Operating profit (loss) | 9901 | €484 | €38,767 | +€38,284 | +7,918% |
| Financial income | 75/76B | €18 | €7 | -€11 | -61.0% |
| Recurring financial income | 75 | €18 | €7 | -€11 | -61.0% |
| Financial charges | 65/66B | €37,790 | €36,189 | -€1,601 | -4.2% |
| Recurring financial charges | 65 | €37,790 | €36,189 | -€1,601 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | -€37,288 | €2,586 | +€39,874 | |
| Income taxes | 67/77 | -€187 | €92 | +€279 | |
| Profit (loss) for the period | 9904 | -€37,101 | €2,494 | +€39,595 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,101 | €2,494 | +€39,595 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.