DUTRY KONSTRUKT: 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.
DUTRY KONSTRUKT
Largest movements
- Receivables within one year -€244,950
down €244,950 (-8.2%), from €3.0m to €2.7m
of which Other amounts receivable: -€309,879
- Cash +€162,493
up €162,493 (+19.0%), from €853,751 to €1.0m
mainly Net result for the year (+€1.1m) and Debts after one year (+€904,586)
- Tangible fixed assets +€82,676
up €82,676 (+3.6%), from €2.3m to €2.4m
of which Furniture and vehicles: +€90,048
- Stocks and contracts -€80,920
down €80,920 (-47.1%), from €171,673 to €90,753
of which Contracts in progress: -€108,988
- Debts after one year +€904,586
new in 2025: €904,586
- Reserves -€693,736
down €693,736 (-15.8%), from €4.4m to €3.7m
of which Distributable reserves: -€693,736
- Tax, wage and social debts -€146,565
down €146,565 (-25.6%), from €572,305 to €425,741
of which Taxes: -€121,331
- Other debts -€139,726
down €139,726 (-14.9%), from €939,726 to €800,000
- Trade debts -€96,215
down €96,215 (-15.1%), from €636,621 to €540,406
- Gross operating margin -€597,200
down €597,200 (-19.6%), from €3.0m to €2.4m
- Taxes -€217,962
down €217,962 (-40.5%), from €538,506 to €320,545
- Staff costs -€89,463
down €89,463 (-11.8%), from €755,495 to €666,032
- Depreciation -€84,686
down €84,686 (-28.0%), from €302,071 to €217,386
- Financial income -€71,219
down €71,219 (-95.0%), from €74,974 to €3,754
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 | €6,578,199 | €6,492,250 | -€85,949 | -1.3% |
| Fixed assets | 21/28 | €2,327,109 | €2,409,785 | +€82,676 | +3.6% |
| Tangible fixed assets | 22/27 | €2,327,109 | €2,409,785 | +€82,676 | +3.6% |
| Land and buildings | 22 | €1,913,152 | €1,900,185 | -€12,967 | -0.7% |
| Plant, machinery and equipment | 23 | €55,319 | €60,913 | +€5,595 | +10.1% |
| Furniture and vehicles | 24 | €358,639 | €448,687 | +€90,048 | +25.1% |
| Current assets | 29/58 | €4,251,090 | €4,082,465 | -€168,625 | -4.0% |
| Stocks and contracts in progress | 3 | €171,673 | €90,753 | -€80,920 | -47.1% |
| Stocks | 30/36 | €62,685 | €90,753 | +€28,068 | +44.8% |
| Contracts in progress | 37 | €108,988 | €0 | -€108,988 | -100% |
| Amounts receivable within one year | 40/41 | €2,975,317 | €2,730,366 | -€244,950 | -8.2% |
| Trade receivables | 40 | €1,859,221 | €1,924,150 | +€64,929 | +3.5% |
| Other amounts receivable | 41 | €1,116,096 | €806,216 | -€309,879 | -27.8% |
| Current investments | 50/53 | €243,338 | €243,338 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €853,751 | €1,016,244 | +€162,493 | +19.0% |
| Deferred charges and accrued income | 490/1 | €7,010 | €1,763 | -€5,247 | -74.8% |
| Total equity and liabilities | 10/49 | €6,578,199 | €6,492,250 | -€85,949 | -1.3% |
| Equity | 10/15 | €4,419,908 | €3,726,172 | -€693,736 | -15.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,401,308 | €3,707,572 | -€693,736 | -15.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €4,363,808 | €3,670,072 | -€693,736 | -15.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,158,291 | €2,766,078 | +€607,788 | +28.2% |
| Amounts payable after more than one year | 17 | - | €904,586 | +€904,586 | |
| Financial debts | 170/4 | - | €904,586 | +€904,586 | |
| Amounts payable within one year | 42/48 | €2,158,291 | €1,846,492 | -€311,798 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | - | €80,346 | +€80,346 | |
| Trade debts | 44 | €636,621 | €540,406 | -€96,215 | -15.1% |
| Suppliers | 440/4 | €636,621 | €540,406 | -€96,215 | -15.1% |
| Advances received on contracts in progress | 46 | €9,639 | €0 | -€9,639 | -100% |
| Taxes, remuneration and social security | 45 | €572,305 | €425,741 | -€146,565 | -25.6% |
| Taxes | 450/3 | €528,890 | €407,559 | -€121,331 | -22.9% |
| Remuneration and social security | 454/9 | €43,416 | €18,182 | -€25,234 | -58.1% |
| Other amounts payable | 47/48 | €939,726 | €800,000 | -€139,726 | -14.9% |
| Accrued charges and deferred income | 492/3 | - | €15,000 | +€15,000 | |
| Non-recurring operating income | 76A | - | €6,618 | +€6,618 | |
| Remuneration, social security and pensions | 62 | €755,495 | €666,032 | -€89,463 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €302,071 | €217,386 | -€84,686 | -28.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,742 | €42,512 | +€36,770 | +640% |
| Other operating charges | 640/8 | €14,068 | €22,833 | +€8,764 | +62.3% |
| Non-recurring operating charges | 66A | - | €35,292 | +€35,292 | |
| Gross operating margin | 9900 | €3,044,613 | €2,447,413 | -€597,200 | -19.6% |
| Operating profit (loss) | 9901 | €1,967,237 | €1,463,358 | -€503,878 | -25.6% |
| Financial income | 75/76B | €74,974 | €3,754 | -€71,219 | -95.0% |
| Recurring financial income | 75 | €74,974 | €3,754 | -€71,219 | -95.0% |
| Financial charges | 65/66B | €19,855 | €40,304 | +€20,450 | +103% |
| Recurring financial charges | 65 | €19,855 | €40,304 | +€20,450 | +103% |
| Profit (loss) for the period before taxes | 9903 | €2,022,356 | €1,426,808 | -€595,547 | -29.4% |
| Income taxes | 67/77 | €538,506 | €320,545 | -€217,962 | -40.5% |
| Profit (loss) for the period | 9904 | €1,483,849 | €1,106,264 | -€377,586 | -25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,483,849 | €1,106,264 | -€377,586 | -25.4% |
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.