DSV CONSTRUCTION: 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.
DSV CONSTRUCTION
Largest movements
- Receivables within one year +€6,607
up €6,607 (+21.2%), from €31,123 to €37,729
of which Trade receivables: +€18,721
- Cash +€5,106
up €5,106 (+20.6%), from €24,763 to €29,869
mainly Net result for the year (+€7,384) and Other debts (+€5,515)
- Tangible fixed assets -€4,732
down €4,732 (-55.0%), from €8,608 to €3,876
of which Furniture and vehicles: -€3,440
- Deferred charges and accrued income +€1,961
up €1,961 (+35.0%), from €5,601 to €7,562
- Financial fixed assets +€1,250
up €1,250 (+62.5%), from €2,000 to €3,250
- Reserves +€7,384
up €7,384 (+162%), from €4,563 to €11,948
- Other debts +€5,515
up €5,515 (+15.5%), from €35,505 to €41,020
- Trade debts -€5,006
down €5,006 (-19.7%), from €25,351 to €20,345
- Tax, wage and social debts +€2,299
up €2,299 (+85.9%), from €2,676 to €4,975
- Gross operating margin +€9,834
up €9,834 (+72.7%), from €13,527 to €23,361
- Taxes +€2,725
up €2,725 (+137%), from €1,988 to €4,713
- Other operating charges +€2,369
up €2,369 (+92.6%), from €2,558 to €4,927
- Financial charges +€1,251
up €1,251 (+341%), from €367 to €1,618
- Depreciation -€860
down €860 (-40.0%), from €2,152 to €1,292
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 | €72,096 | €82,287 | +€10,192 | +14.1% |
| Fixed assets | 21/28 | €10,608 | €7,126 | -€3,482 | -32.8% |
| Tangible fixed assets | 22/27 | €8,608 | €3,876 | -€4,732 | -55.0% |
| Furniture and vehicles | 24 | €3,440 | €0 | -€3,440 | -100% |
| Other tangible fixed assets | 26 | €5,168 | €3,876 | -€1,292 | -25.0% |
| Financial fixed assets | 28 | €2,000 | €3,250 | +€1,250 | +62.5% |
| Current assets | 29/58 | €61,487 | €75,161 | +€13,674 | +22.2% |
| Amounts receivable within one year | 40/41 | €31,123 | €37,729 | +€6,607 | +21.2% |
| Trade receivables | 40 | €17,157 | €35,878 | +€18,721 | +109% |
| Other amounts receivable | 41 | €13,966 | €1,852 | -€12,114 | -86.7% |
| Cash at bank and in hand | 54/58 | €24,763 | €29,869 | +€5,106 | +20.6% |
| Deferred charges and accrued income | 490/1 | €5,601 | €7,562 | +€1,961 | +35.0% |
| Total equity and liabilities | 10/49 | €72,096 | €82,287 | +€10,192 | +14.1% |
| Equity | 10/15 | €8,563 | €15,948 | +€7,384 | +86.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €4,563 | €11,948 | +€7,384 | +162% |
| Distributable reserves | 133 | €4,563 | €11,948 | +€7,384 | +162% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €63,532 | €66,340 | +€2,808 | +4.4% |
| Amounts payable within one year | 42/48 | €63,532 | €66,340 | +€2,808 | +4.4% |
| Trade debts | 44 | €25,351 | €20,345 | -€5,006 | -19.7% |
| Suppliers | 440/4 | €25,351 | €20,345 | -€5,006 | -19.7% |
| Taxes, remuneration and social security | 45 | €2,676 | €4,975 | +€2,299 | +85.9% |
| Taxes | 450/3 | €2,676 | €4,975 | +€2,299 | +85.9% |
| Other amounts payable | 47/48 | €35,505 | €41,020 | +€5,515 | +15.5% |
| Remuneration, social security and pensions | 62 | €462 | €0 | -€462 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,152 | €1,292 | -€860 | -40.0% |
| Other operating charges | 640/8 | €2,558 | €4,927 | +€2,369 | +92.6% |
| Non-recurring operating charges | 66A | - | €3,440 | +€3,440 | |
| Gross operating margin | 9900 | €13,527 | €23,361 | +€9,834 | +72.7% |
| Operating profit (loss) | 9901 | €8,355 | €13,702 | +€5,347 | +64.0% |
| Financial income | 75/76B | €42 | €12 | -€29 | -70.7% |
| Recurring financial income | 75 | €42 | €12 | -€29 | -70.7% |
| Financial charges | 65/66B | €367 | €1,618 | +€1,251 | +341% |
| Recurring financial charges | 65 | €367 | €1,618 | +€1,251 | +341% |
| Profit (loss) for the period before taxes | 9903 | €8,030 | €12,097 | +€4,067 | +50.6% |
| Income taxes | 67/77 | €1,988 | €4,713 | +€2,725 | +137% |
| Profit (loss) for the period | 9904 | €6,042 | €7,384 | +€1,342 | +22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,042 | €7,384 | +€1,342 | +22.2% |
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 16 October 2026 via checked.be.