DVS-CONSTRUCT: what changed
DVS-CONSTRUCT
Largest movements
- Receivables within one year -€96,381
down €96,381 (-39.2%), from €245,876 to €149,495
of which Trade receivables: -€99,748
- Stocks and contracts +€10,727
up €10,727 (+68.9%), from €15,572 to €26,299
of which Stocks: +€8,317
- Cash +€3,728
up €3,728 (+27.5%), from €13,561 to €17,288
mainly Receivables within one year (+€96,381) and Trade debts (+€22,580)
- Other debts -€59,773
down €59,773 (-35.4%), from €168,983 to €109,210
- Trade debts +€22,580
up €22,580 (+50.6%), from €44,606 to €67,187
- Profit (loss) carried forward -€20,228
down €20,228 (-26.5%), from -€76,232 to -€96,460
- Tax, wage and social debts -€15,485
down €15,485 (-100%), from €15,485 to €0
- Short-term financial debts -€9,000
down €9,000 (-9.5%), from €95,000 to €86,000
- Gross operating margin -€18,778
down €18,778, from €7,307 to -€11,472
- Financial income -€1,812
down €1,812 (-81.0%), from €2,238 to €426
- Other operating charges -€562
down €562 (-38.4%), from €1,465 to €903
- Financial charges +€385
up €385 (+4.9%), from €7,894 to €8,279
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €276,517 | €194,611 | -€81,906 | -29.6% |
| Current assets | 29/58 | €276,517 | €194,611 | -€81,906 | -29.6% |
| Stocks and contracts in progress | 3 | €15,572 | €26,299 | +€10,727 | +68.9% |
| Stocks | 30/36 | - | €8,317 | +€8,317 | |
| Contracts in progress | 37 | €15,572 | €17,983 | +€2,411 | +15.5% |
| Amounts receivable within one year | 40/41 | €245,876 | €149,495 | -€96,381 | -39.2% |
| Trade receivables | 40 | €244,606 | €144,858 | -€99,748 | -40.8% |
| Other amounts receivable | 41 | €1,270 | €4,638 | +€3,367 | +265% |
| Cash at bank and in hand | 54/58 | €13,561 | €17,288 | +€3,728 | +27.5% |
| Deferred charges and accrued income | 490/1 | €1,508 | €1,528 | +€20 | +1.4% |
| Total equity and liabilities | 10/49 | €276,517 | €194,611 | -€81,906 | -29.6% |
| Equity | 10/15 | -€47,558 | -€67,785 | -€20,228 | -42.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,074 | €10,074 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €10,074 | €10,074 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,232 | -€96,460 | -€20,228 | -26.5% |
| Amounts payable | 17/49 | €324,075 | €262,397 | -€61,678 | -19.0% |
| Amounts payable within one year | 42/48 | €324,075 | €262,397 | -€61,678 | -19.0% |
| Financial debts | 43 | €95,000 | €86,000 | -€9,000 | -9.5% |
| Credit institutions | 430/8 | €95,000 | €86,000 | -€9,000 | -9.5% |
| Trade debts | 44 | €44,606 | €67,187 | +€22,580 | +50.6% |
| Suppliers | 440/4 | €44,606 | €67,187 | +€22,580 | +50.6% |
| Taxes, remuneration and social security | 45 | €15,485 | €0 | -€15,485 | -100% |
| Taxes | 450/3 | €15,485 | €0 | -€15,485 | -100% |
| Other amounts payable | 47/48 | €168,983 | €109,210 | -€59,773 | -35.4% |
| Other operating charges | 640/8 | €1,465 | €903 | -€562 | -38.4% |
| Gross operating margin | 9900 | €7,307 | -€11,472 | -€18,778 | |
| Operating profit (loss) | 9901 | €5,842 | -€12,375 | -€18,216 | |
| Financial income | 75/76B | €2,238 | €426 | -€1,812 | -81.0% |
| Recurring financial income | 75 | €2,238 | €426 | -€1,812 | -81.0% |
| Financial charges | 65/66B | €7,894 | €8,279 | +€385 | +4.9% |
| Recurring financial charges | 65 | €7,894 | €8,279 | +€385 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €186 | -€20,228 | -€20,414 | |
| Profit (loss) for the period | 9904 | €186 | -€20,228 | -€20,414 | |
| Profit (loss) for the period to be appropriated | 9905 | €186 | -€20,228 | -€20,414 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.