DSK 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.
DSK BOUW
Largest movements
- Stocks and contracts +€30,473
up €30,473 (+51.4%), from €59,262 to €89,735
of which Contracts in progress: +€28,661
- Receivables within one year +€26,891
up €26,891 (+18.8%), from €142,665 to €169,556
of which Trade receivables: +€35,292
- Cash +€9,733
up €9,733 (+8.7%), from €112,111 to €121,844
mainly Net result for the year (+€70,274) and Other debts (+€45,403)
- Other debts +€45,403
up €45,403 (+127%), from €35,754 to €81,157
- Trade debts +€16,858
up €16,858 (+16.0%), from €105,063 to €121,921
- Tax, wage and social debts +€9,693
up €9,693 (+67.8%), from €14,297 to €23,989
of which Taxes: +€9,718
- Debts after one year -€5,648
down €5,648 (-44.8%), from €12,604 to €6,956
- Gross operating margin +€10,166
up €10,166 (+2.1%), from €480,035 to €490,201
- Staff costs +€7,949
up €7,949 (+2.2%), from €366,497 to €374,446
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 | €365,765 | €434,122 | +€68,357 | +18.7% |
| Fixed assets | 21/28 | €43,247 | €45,317 | +€2,069 | +4.8% |
| Tangible fixed assets | 22/27 | €43,247 | €45,317 | +€2,069 | +4.8% |
| Plant, machinery and equipment | 23 | €16,137 | €31,211 | +€15,074 | +93.4% |
| Furniture and vehicles | 24 | €10,190 | €2,909 | -€7,281 | -71.5% |
| Leasing and similar rights | 25 | €16,920 | €11,196 | -€5,724 | -33.8% |
| Current assets | 29/58 | €322,517 | €388,805 | +€66,287 | +20.6% |
| Stocks and contracts in progress | 3 | €59,262 | €89,735 | +€30,473 | +51.4% |
| Stocks | 30/36 | €46,134 | €47,945 | +€1,812 | +3.9% |
| Contracts in progress | 37 | €13,129 | €41,789 | +€28,661 | +218% |
| Amounts receivable within one year | 40/41 | €142,665 | €169,556 | +€26,891 | +18.8% |
| Trade receivables | 40 | €115,350 | €150,642 | +€35,292 | +30.6% |
| Other amounts receivable | 41 | €27,316 | €18,914 | -€8,402 | -30.8% |
| Cash at bank and in hand | 54/58 | €112,111 | €121,844 | +€9,733 | +8.7% |
| Deferred charges and accrued income | 490/1 | €8,479 | €7,670 | -€809 | -9.5% |
| Total equity and liabilities | 10/49 | €365,765 | €434,122 | +€68,357 | +18.7% |
| Equity | 10/15 | €192,557 | €194,450 | +€1,893 | +1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €186,357 | €188,250 | +€1,893 | +1.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €184,497 | €186,390 | +€1,893 | +1.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €173,208 | €239,672 | +€66,464 | +38.4% |
| Amounts payable after more than one year | 17 | €12,604 | €6,956 | -€5,648 | -44.8% |
| Financial debts | 170/4 | €12,604 | €6,956 | -€5,648 | -44.8% |
| Amounts payable within one year | 42/48 | €160,604 | €232,716 | +€72,112 | +44.9% |
| Current portion of amounts payable after more than one year | 42 | €5,490 | €5,648 | +€158 | +2.9% |
| Trade debts | 44 | €105,063 | €121,921 | +€16,858 | +16.0% |
| Suppliers | 440/4 | €105,063 | €121,921 | +€16,858 | +16.0% |
| Taxes, remuneration and social security | 45 | €14,297 | €23,989 | +€9,693 | +67.8% |
| Taxes | 450/3 | €7,568 | €17,287 | +€9,718 | +128% |
| Remuneration and social security | 454/9 | €6,728 | €6,703 | -€26 | -0.4% |
| Other amounts payable | 47/48 | €35,754 | €81,157 | +€45,403 | +127% |
| Remuneration, social security and pensions | 62 | €366,497 | €374,446 | +€7,949 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,114 | €20,964 | +€2,850 | +15.7% |
| Other operating charges | 640/8 | €2,182 | €2,012 | -€170 | -7.8% |
| Non-recurring operating charges | 66A | €250 | €0 | -€250 | -100% |
| Gross operating margin | 9900 | €480,035 | €490,201 | +€10,166 | +2.1% |
| Operating profit (loss) | 9901 | €92,992 | €92,779 | -€213 | -0.2% |
| Financial income | 75/76B | €1,731 | €3,095 | +€1,364 | +78.8% |
| Recurring financial income | 75 | €1,731 | €3,095 | +€1,364 | +78.8% |
| Financial charges | 65/66B | €1,294 | €1,061 | -€233 | -18.0% |
| Recurring financial charges | 65 | €1,294 | €1,061 | -€233 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €93,429 | €94,812 | +€1,383 | +1.5% |
| Income taxes | 67/77 | €21,951 | €24,538 | +€2,587 | +11.8% |
| Profit (loss) for the period | 9904 | €71,478 | €70,274 | -€1,204 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €71,478 | €70,274 | -€1,204 | -1.7% |
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.