STEFAN DAI CONSTRUCT: what changed
Two fiscal 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.
STEFAN DAI CONSTRUCT
Largest movements
- Receivables within one year +€67,722
up €67,722 (+29.3%), from €230,995 to €298,716
of which Other amounts receivable: +€58,294
- Deferred charges and accrued income +€18,798
up €18,798 (+190.2%), from €9,885 to €28,682
- Cash -€11,957
down €11,957 (-35.7%), from €33,472 to €21,515
mainly Receivables within one year (-€67,722) and Investment in fixed assets (net) (-€29,448)
- Profit (loss) carried forward +€39,723
up €39,723 (+19.8%), from €200,766 to €240,489
- Trade debts +€22,793
up €22,793 (+26.1%), from €87,332 to €110,125
of which Bills of exchange payable: +€22,034
- Tax, wage and social debts +€13,117
up €13,117 (+58.3%), from €22,500 to €35,617
- Current portion of long-term debt -€9,683
down €9,683 (-31.3%), from €30,985 to €21,302
- Debts after one year +€7,311
up €7,311 (+4.3%), from €170,551 to €177,862
- Purchases and services +€180,837
up €180,837 (+22.5%), from €804,324 to €985,160
- Turnover +€134,774
up €134,774 (+14.2%), from €950,878 to €1.1m
- Gross operating margin -€46,063
down €46,063 (-31.4%), from €146,554 to €100,491
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €525,617 | €599,213 | +€73,596 | +14.0% |
| Fixed assets | 21/28 | €251,265 | €246,212 | -€5,054 | -2.0% |
| Tangible fixed assets | 22/27 | €251,265 | €246,212 | -€5,054 | -2.0% |
| Land and buildings | 22 | €210,637 | €199,387 | -€11,250 | -5.3% |
| Plant, machinery and equipment | 23 | €5,507 | €3,986 | -€1,520 | -27.6% |
| Furniture and vehicles | 24 | €35,121 | €42,838 | +€7,717 | +22.0% |
| Current assets | 29/58 | €274,352 | €353,002 | +€78,650 | +28.7% |
| Stocks and contracts in progress | 3 | - | €4,087 | +€4,087 | |
| Stocks | 30/36 | - | €4,087 | +€4,087 | |
| Amounts receivable within one year | 40/41 | €230,995 | €298,716 | +€67,722 | +29.3% |
| Trade receivables | 40 | €84,093 | €93,521 | +€9,428 | +11.2% |
| Other amounts receivable | 41 | €146,901 | €205,195 | +€58,294 | +39.7% |
| Cash at bank and in hand | 54/58 | €33,472 | €21,515 | -€11,957 | -35.7% |
| Deferred charges and accrued income | 490/1 | €9,885 | €28,682 | +€18,798 | +190.2% |
| Total equity and liabilities | 10/49 | €525,617 | €599,213 | +€73,596 | +14.0% |
| Equity | 10/15 | €211,766 | €251,489 | +€39,723 | +18.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | - | -€10,000 | |
| Issued capital | 100 | €10,000 | - | -€10,000 | |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Legal reserve | 130 | €1,000 | - | -€1,000 | |
| Reserves not available under the articles | 1311 | - | €1,000 | +€1,000 | |
| Profit (loss) carried forward | 14 | €200,766 | €240,489 | +€39,723 | +19.8% |
| Amounts payable | 17/49 | €313,851 | €347,724 | +€33,873 | +10.8% |
| Amounts payable after more than one year | 17 | €170,551 | €177,862 | +€7,311 | +4.3% |
| Financial debts | 170/4 | €170,551 | €177,862 | +€7,311 | +4.3% |
| Amounts payable within one year | 42/48 | €143,300 | €169,862 | +€26,562 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | €30,985 | €21,302 | -€9,683 | -31.3% |
| Financial debts | 43 | €2,483 | €2,819 | +€335 | +13.5% |
| Credit institutions | 430/8 | €2,483 | €2,819 | +€335 | +13.5% |
| Trade debts | 44 | €87,332 | €110,125 | +€22,793 | +26.1% |
| Suppliers | 440/4 | €13,666 | €14,424 | +€758 | +5.5% |
| Bills of exchange payable | 441 | €73,666 | €95,700 | +€22,034 | +29.9% |
| Taxes, remuneration and social security | 45 | €22,500 | €35,617 | +€13,117 | +58.3% |
| Taxes | 450/3 | €22,500 | €35,617 | +€13,117 | +58.3% |
| Turnover | 70 | €950,878 | €1,085,651 | +€134,774 | +14.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €804,324 | €985,160 | +€180,837 | +22.5% |
| Remuneration, social security and pensions | 62 | €282 | - | -€282 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,137 | €34,502 | +€2,365 | +7.4% |
| Other operating charges | 640/8 | €5,447 | €5,139 | -€308 | -5.7% |
| Gross operating margin | 9900 | €146,554 | €100,491 | -€46,063 | -31.4% |
| Operating profit (loss) | 9901 | €108,687 | €60,850 | -€47,837 | -44.0% |
| Financial income | 75/76B | €45 | €63 | +€18 | +38.9% |
| Recurring financial income | 75 | €45 | €63 | +€18 | +38.9% |
| Financial charges | 65/66B | €8,173 | €8,073 | -€101 | -1.2% |
| Recurring financial charges | 65 | €8,173 | €8,073 | -€101 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €100,559 | €52,840 | -€47,719 | -47.5% |
| Income taxes | 67/77 | €22,855 | €13,117 | -€9,738 | -42.6% |
| Profit (loss) for the period | 9904 | €77,704 | €39,723 | -€37,981 | -48.9% |
| Profit (loss) for the period to be appropriated | 9905 | €77,704 | €39,723 | -€37,981 | -48.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.