DREDGING & CONTRACTING BELGIUM: 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.
DREDGING & CONTRACTING BELGIUM
Largest movements
- Deferred charges and accrued income +€19.0m
up €19.0m (+414,693%), from €4,572 to €19.0m
- Receivables after one year +€14.3m
up €14.3m (+4,572%), from €312,392 to €14.6m
- Receivables within one year +€3.4m
up €3.4m (+1,724%), from €198,191 to €3.6m
of which Trade receivables: +€3.4m
- Accrued charges and deferred income +€35.5m
new in 2025: €35.5m
- Tax, wage and social debts +€1.6m
up €1.6m (+1,212%), from €132,876 to €1.7m
of which Taxes: +€1.7m
- Profit (loss) carried forward -€788,605
down €788,605, from €42,658 to -€745,948
- Gross operating margin -€1.3m
down €1.3m, from €1.2m to -€187,770
- Staff costs -€446,677
down €446,677 (-39.5%), from €1.1m to €685,171
- Financial income +€76,066
up €76,066 (+920%), from €8,270 to €84,336
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 | €541,027 | €37,190,634 | +€36.6m | +6,774% |
| Current assets | 29/58 | €541,027 | €37,190,634 | +€36.6m | +6,774% |
| Amounts receivable after more than one year | 29 | €312,392 | €14,594,997 | +€14.3m | +4,572% |
| Other amounts receivable | 291 | €312,392 | €14,594,997 | +€14.3m | +4,572% |
| Amounts receivable within one year | 40/41 | €198,191 | €3,615,001 | +€3.4m | +1,724% |
| Trade receivables | 40 | €196,043 | €3,599,001 | +€3.4m | +1,736% |
| Other amounts receivable | 41 | €2,148 | €16,000 | +€13,853 | +645% |
| Cash at bank and in hand | 54/58 | €25,872 | €17,933 | -€7,940 | -30.7% |
| Deferred charges and accrued income | 490/1 | €4,572 | €18,962,703 | +€19.0m | +414,693% |
| Total equity and liabilities | 10/49 | €541,027 | €37,190,634 | +€36.6m | +6,774% |
| Equity | 10/15 | €382,658 | -€405,948 | -€788,605 | |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Uncalled capital | 101 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €40,000 | €40,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €40,000 | €40,000 | = | 0.0% |
| Legal reserve | 130 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,658 | -€745,948 | -€788,605 | |
| Amounts payable | 17/49 | €158,369 | €37,596,582 | +€37.4m | +23,640% |
| Amounts payable within one year | 42/48 | €158,369 | €2,099,589 | +€1.9m | +1,226% |
| Trade debts | 44 | €25,493 | €296,819 | +€271,326 | +1,064% |
| Suppliers | 440/4 | €25,493 | €296,819 | +€271,326 | +1,064% |
| Taxes, remuneration and social security | 45 | €132,876 | €1,743,702 | +€1.6m | +1,212% |
| Taxes | 450/3 | €11,583 | €1,743,702 | +€1.7m | +14,954% |
| Remuneration and social security | 454/9 | €121,293 | - | -€121,293 | |
| Other amounts payable | 47/48 | - | €59,067 | +€59,067 | |
| Accrued charges and deferred income | 492/3 | - | €35,496,993 | +€35.5m | |
| Remuneration, social security and pensions | 62 | €1,131,848 | €685,171 | -€446,677 | -39.5% |
| Other operating charges | 640/8 | €397 | - | -€397 | |
| Gross operating margin | 9900 | €1,159,539 | -€187,770 | -€1.3m | |
| Operating profit (loss) | 9901 | €27,294 | -€872,941 | -€900,234 | |
| Financial income | 75/76B | €8,270 | €84,336 | +€76,066 | +920% |
| Recurring financial income | 75 | €8,270 | €84,336 | +€76,066 | +920% |
| Financial charges | 65/66B | €836 | €0 | -€835 | -100.0% |
| Recurring financial charges | 65 | €836 | €0 | -€835 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €34,728 | -€788,605 | -€823,333 | |
| Income taxes | 67/77 | €11,583 | - | -€11,583 | |
| Profit (loss) for the period | 9904 | €23,145 | -€788,605 | -€811,750 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,145 | -€788,605 | -€811,750 |
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 31 October 2026 via checked.be.