Dune 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.
Dune Construct
Largest movements
- Receivables within one year +€645,011
up €645,011 (+317.7%), from €203,049 to €848,060
of which Other amounts receivable: +€333,049
- Cash -€538,663
down €538,663 (-100.0%), from €538,808 to €145
mainly Receivables within one year (-€645,011) and Trade debts (-€264,379)
- Deferred charges and accrued income -€17,740
down €17,740 (-89.7%), from €19,784 to €2,044
- Other debts +€315,654
up €315,654 (+63.3%), from €498,436 to €814,090
- Trade debts -€264,379
down €264,379 (-73.2%), from €361,248 to €96,868
- Debts after one year +€200,000
new in 2025: €200,000
- Advances received -€121,383
no longer reported in 2025 (was €121,383)
- Tax, wage and social debts -€69,551
down €69,551 (-90.4%), from €76,906 to €7,354
- Turnover +€839,708
new in 2025: €839,708
- Purchases and services +€771,961
new in 2025: €771,961
- Financial charges +€48,379
up €48,379 (+1114.0%), from €4,343 to €52,722
- Other operating charges -€21,623
down €21,623 (-97.7%), from €22,130 to €506
- Gross operating margin +€12,834
up €12,834 (+20.7%), from €62,069 to €74,903
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 | €1,085,100 | €1,171,615 | +€86,515 | +8.0% |
| Fixed assets | 21/28 | €3,138 | €1,045 | -€2,093 | -66.7% |
| Tangible fixed assets | 22/27 | €3,138 | €1,045 | -€2,093 | -66.7% |
| Plant, machinery and equipment | 23 | €3,138 | - | -€3,138 | |
| Furniture and vehicles | 24 | - | €1,045 | +€1,045 | |
| Current assets | 29/58 | €1,081,962 | €1,170,570 | +€88,608 | +8.2% |
| Stocks and contracts in progress | 3 | €320,320 | €320,320 | = | 0.0% |
| Contracts in progress | 37 | €320,320 | €320,320 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €203,049 | €848,060 | +€645,011 | +317.7% |
| Trade receivables | 40 | €108,716 | €420,678 | +€311,962 | +287.0% |
| Other amounts receivable | 41 | €94,333 | €427,382 | +€333,049 | +353.1% |
| Cash at bank and in hand | 54/58 | €538,808 | €145 | -€538,663 | -100.0% |
| Deferred charges and accrued income | 490/1 | €19,784 | €2,044 | -€17,740 | -89.7% |
| Total equity and liabilities | 10/49 | €1,085,100 | €1,171,615 | +€86,515 | +8.0% |
| Equity | 10/15 | €27,128 | €51,314 | +€24,186 | +89.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €23,128 | €23,128 | = | 0.0% |
| Distributable reserves | 133 | €23,128 | €23,128 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €24,186 | +€24,186 | |
| Amounts payable | 17/49 | €1,057,972 | €1,120,301 | +€62,329 | +5.9% |
| Amounts payable after more than one year | 17 | - | €200,000 | +€200,000 | |
| Financial debts | 170/4 | - | €200,000 | +€200,000 | |
| Amounts payable within one year | 42/48 | €1,057,972 | €920,301 | -€137,671 | -13.0% |
| Financial debts | 43 | - | €1,988 | +€1,988 | |
| Credit institutions | 430/8 | - | €1,988 | +€1,988 | |
| Trade debts | 44 | €361,248 | €96,868 | -€264,379 | -73.2% |
| Suppliers | 440/4 | €361,248 | €96,868 | -€264,379 | -73.2% |
| Advances received on contracts in progress | 46 | €121,383 | - | -€121,383 | |
| Taxes, remuneration and social security | 45 | €76,906 | €7,354 | -€69,551 | -90.4% |
| Taxes | 450/3 | €76,906 | €7,354 | -€69,551 | -90.4% |
| Other amounts payable | 47/48 | €498,436 | €814,090 | +€315,654 | +63.3% |
| Turnover | 70 | - | €839,708 | +€839,708 | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €771,961 | +€771,961 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,131 | €2,093 | -€1,038 | -33.2% |
| Other operating charges | 640/8 | €22,130 | €506 | -€21,623 | -97.7% |
| Gross operating margin | 9900 | €62,069 | €74,903 | +€12,834 | +20.7% |
| Operating profit (loss) | 9901 | €36,809 | €72,305 | +€35,496 | +96.4% |
| Financial income | 75/76B | €611 | €11,958 | +€11,346 | +1855.5% |
| Recurring financial income | 75 | €611 | €11,958 | +€11,346 | +1855.5% |
| Financial charges | 65/66B | €4,343 | €52,722 | +€48,379 | +1114.0% |
| Recurring financial charges | 65 | €4,343 | €52,722 | +€48,379 | +1114.0% |
| Profit (loss) for the period before taxes | 9903 | €33,078 | €31,540 | -€1,538 | -4.6% |
| Income taxes | 67/77 | €9,950 | €7,354 | -€2,595 | -26.1% |
| Profit (loss) for the period | 9904 | €23,128 | €24,186 | +€1,058 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,128 | €24,186 | +€1,058 | +4.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.