DS ALL-CONSTRUCT: 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.
DS ALL-CONSTRUCT
Largest movements
- Tangible fixed assets +€4,985
up €4,985 (+13.0%), from €38,269 to €43,254
of which Land and buildings: +€3,096
- Cash -€3,774
down €3,774 (-8.1%), from €46,433 to €42,658
mainly Contributions, distributions and other (-€8,844) and Investment in fixed assets (net) (-€7,663)
- Receivables within one year -€1,692
down €1,692 (-16.2%), from €10,438 to €8,746
of which Other amounts receivable: -€1,204
- Reserves +€6,857
up €6,857 (+11.7%), from €58,775 to €65,632
- Tax, wage and social debts -€6,299
down €6,299 (-71.8%), from €8,769 to €2,470
of which Taxes: -€6,312
- Trade debts -€1,232
down €1,232 (-27.1%), from €4,546 to €3,314
- Gross operating margin +€1,419
up €1,419 (+5.9%), from €23,953 to €25,372
- Depreciation +€369
up €369 (+16.0%), from €2,309 to €2,679
- Financial income -€337
down €337 (-98.6%), from €342 to €5
- Staff costs +€276
up €276 (+237.2%), from €116 to €393
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 | €95,958 | €95,578 | -€380 | -0.4% |
| Fixed assets | 21/28 | €38,269 | €43,254 | +€4,985 | +13.0% |
| Tangible fixed assets | 22/27 | €38,269 | €43,254 | +€4,985 | +13.0% |
| Land and buildings | 22 | €35,879 | €38,975 | +€3,096 | +8.6% |
| Plant, machinery and equipment | 23 | €2,391 | €4,147 | +€1,756 | +73.5% |
| Furniture and vehicles | 24 | - | €132 | +€132 | |
| Current assets | 29/58 | €57,689 | €52,324 | -€5,365 | -9.3% |
| Stocks and contracts in progress | 3 | €30 | €55 | +€25 | +83.3% |
| Stocks | 30/36 | €30 | €55 | +€25 | +83.3% |
| Amounts receivable within one year | 40/41 | €10,438 | €8,746 | -€1,692 | -16.2% |
| Trade receivables | 40 | €6,068 | €5,581 | -€488 | -8.0% |
| Other amounts receivable | 41 | €4,370 | €3,165 | -€1,204 | -27.6% |
| Cash at bank and in hand | 54/58 | €46,433 | €42,658 | -€3,774 | -8.1% |
| Deferred charges and accrued income | 490/1 | €789 | €865 | +€76 | +9.7% |
| Total equity and liabilities | 10/49 | €95,958 | €95,578 | -€380 | -0.4% |
| Equity | 10/15 | €82,644 | €89,501 | +€6,857 | +8.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €58,775 | €65,632 | +€6,857 | +11.7% |
| Distributable reserves | 133 | €58,775 | €65,632 | +€6,857 | +11.7% |
| Profit (loss) carried forward | 14 | €17,669 | €17,669 | = | 0.0% |
| Amounts payable | 17/49 | €13,315 | €6,077 | -€7,238 | -54.4% |
| Amounts payable within one year | 42/48 | €13,315 | €6,077 | -€7,238 | -54.4% |
| Trade debts | 44 | €4,546 | €3,314 | -€1,232 | -27.1% |
| Suppliers | 440/4 | €4,546 | €3,314 | -€1,232 | -27.1% |
| Taxes, remuneration and social security | 45 | €8,769 | €2,470 | -€6,299 | -71.8% |
| Taxes | 450/3 | €7,043 | €731 | -€6,312 | -89.6% |
| Remuneration and social security | 454/9 | €1,726 | €1,740 | +€13 | +0.8% |
| Other amounts payable | 47/48 | - | €293 | +€293 | |
| Non-recurring operating income | 76A | €10,000 | - | -€10,000 | |
| Remuneration, social security and pensions | 62 | €116 | €393 | +€276 | +237.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,309 | €2,679 | +€369 | +16.0% |
| Other operating charges | 640/8 | €387 | €403 | +€17 | +4.3% |
| Non-recurring operating charges | 66A | - | €77 | +€77 | |
| Gross operating margin | 9900 | €23,953 | €25,372 | +€1,419 | +5.9% |
| Operating profit (loss) | 9901 | €21,140 | €21,821 | +€680 | +3.2% |
| Financial income | 75/76B | €342 | €5 | -€337 | -98.6% |
| Recurring financial income | 75 | €342 | €5 | -€337 | -98.6% |
| Financial charges | 65/66B | €396 | €394 | -€2 | -0.6% |
| Recurring financial charges | 65 | €396 | €394 | -€2 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €21,086 | €21,432 | +€345 | +1.6% |
| Income taxes | 67/77 | €5,724 | €5,731 | +€7 | +0.1% |
| Profit (loss) for the period | 9904 | €15,363 | €15,701 | +€338 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,363 | €15,701 | +€338 | +2.2% |
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 9 October 2026 via checked.be.