DSG BOUW: 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.
DSG BOUW
Largest movements
- Receivables within one year -€89,508
down €89,508 (-72.4%), from €123,607 to €34,099
of which Trade receivables: -€64,308
- Tangible fixed assets -€55,893
down €55,893 (-7.9%), from €706,189 to €650,295
of which Furniture and vehicles: -€32,997
- Cash +€53,213
up €53,213 (+273%), from €19,526 to €72,740
mainly Depreciation (+€114,181) and Receivables within one year (+€89,508)
- Stocks and contracts +€25,108
up €25,108 (+19.5%), from €128,758 to €153,866
- Other debts -€115,493
down €115,493 (-97.3%), from €118,655 to €3,162
- Reserves +€40,748
up €40,748 (+25.9%), from €157,532 to €198,280
- Tax, wage and social debts +€27,691
up €27,691 (+139%), from €19,957 to €47,648
of which Taxes: +€29,302
- Debts after one year -€12,299
down €12,299 (-2.3%), from €540,077 to €527,778
- Trade debts -€10,896
down €10,896 (-25.5%), from €42,719 to €31,823
- Gross operating margin -€121,192
down €121,192 (-22.2%), from €545,035 to €423,843
- Staff costs -€29,763
down €29,763 (-11.8%), from €252,450 to €222,687
- Depreciation -€21,566
down €21,566 (-15.9%), from €135,747 to €114,181
- Taxes -€12,382
down €12,382 (-39.0%), from €31,785 to €19,403
- Financial charges +€9,179
up €9,179 (+92.0%), from €9,977 to €19,157
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 | €985,697 | €917,729 | -€67,969 | -6.9% |
| Fixed assets | 21/28 | €706,189 | €650,295 | -€55,893 | -7.9% |
| Tangible fixed assets | 22/27 | €706,189 | €650,295 | -€55,893 | -7.9% |
| Land and buildings | 22 | €426,114 | €400,792 | -€25,322 | -5.9% |
| Plant, machinery and equipment | 23 | €129,611 | €118,795 | -€10,816 | -8.3% |
| Furniture and vehicles | 24 | €150,464 | €117,467 | -€32,997 | -21.9% |
| Leasing and similar rights | 25 | - | €13,241 | +€13,241 | |
| Current assets | 29/58 | €279,509 | €267,433 | -€12,075 | -4.3% |
| Stocks and contracts in progress | 3 | €128,758 | €153,866 | +€25,108 | +19.5% |
| Stocks | 30/36 | €128,758 | €153,866 | +€25,108 | +19.5% |
| Amounts receivable within one year | 40/41 | €123,607 | €34,099 | -€89,508 | -72.4% |
| Trade receivables | 40 | €87,463 | €23,155 | -€64,308 | -73.5% |
| Other amounts receivable | 41 | €36,143 | €10,943 | -€25,200 | -69.7% |
| Cash at bank and in hand | 54/58 | €19,526 | €72,740 | +€53,213 | +273% |
| Deferred charges and accrued income | 490/1 | €7,617 | €6,729 | -€888 | -11.7% |
| Total equity and liabilities | 10/49 | €985,697 | €917,729 | -€67,969 | -6.9% |
| Equity | 10/15 | €162,605 | €203,353 | +€40,748 | +25.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €157,532 | €198,280 | +€40,748 | +25.9% |
| Distributable reserves | 133 | €157,532 | €198,280 | +€40,748 | +25.9% |
| Profit (loss) carried forward | 14 | €74 | €74 | = | 0.0% |
| Amounts payable | 17/49 | €823,092 | €714,375 | -€108,717 | -13.2% |
| Amounts payable after more than one year | 17 | €540,077 | €527,778 | -€12,299 | -2.3% |
| Financial debts | 170/4 | €540,077 | €527,778 | -€12,299 | -2.3% |
| Amounts payable within one year | 42/48 | €283,015 | €186,597 | -€96,417 | -34.1% |
| Current portion of amounts payable after more than one year | 42 | €101,683 | €103,964 | +€2,281 | +2.2% |
| Trade debts | 44 | €42,719 | €31,823 | -€10,896 | -25.5% |
| Suppliers | 440/4 | €42,719 | €31,823 | -€10,896 | -25.5% |
| Taxes, remuneration and social security | 45 | €19,957 | €47,648 | +€27,691 | +139% |
| Taxes | 450/3 | €11,940 | €41,242 | +€29,302 | +245% |
| Remuneration and social security | 454/9 | €8,017 | €6,406 | -€1,610 | -20.1% |
| Other amounts payable | 47/48 | €118,655 | €3,162 | -€115,493 | -97.3% |
| Non-recurring operating income | 76A | €25,897 | €20,809 | -€5,087 | -19.6% |
| Remuneration, social security and pensions | 62 | €252,450 | €222,687 | -€29,763 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135,747 | €114,181 | -€21,566 | -15.9% |
| Other operating charges | 640/8 | €7,412 | €7,104 | -€307 | -4.1% |
| Non-recurring operating charges | 66A | - | €1,148 | +€1,148 | |
| Gross operating margin | 9900 | €545,035 | €423,843 | -€121,192 | -22.2% |
| Operating profit (loss) | 9901 | €149,427 | €78,724 | -€70,703 | -47.3% |
| Financial income | 75/76B | €3,633 | €584 | -€3,050 | -83.9% |
| Recurring financial income | 75 | €3,633 | €584 | -€3,050 | -83.9% |
| Financial charges | 65/66B | €9,977 | €19,157 | +€9,179 | +92.0% |
| Recurring financial charges | 65 | €9,977 | €19,157 | +€9,179 | +92.0% |
| Profit (loss) for the period before taxes | 9903 | €143,083 | €60,151 | -€82,932 | -58.0% |
| Income taxes | 67/77 | €31,785 | €19,403 | -€12,382 | -39.0% |
| Profit (loss) for the period | 9904 | €111,298 | €40,748 | -€70,550 | -63.4% |
| Profit (loss) for the period to be appropriated | 9905 | €111,298 | €40,748 | -€70,550 | -63.4% |
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 29 October 2026 via checked.be.