Van Dessel Construct K&M: 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.
Van Dessel Construct K&M
Largest movements
- Tangible fixed assets -€28,453
down €28,453 (-5.6%), from €509,879 to €481,426
of which Land and buildings: -€23,099
- Stocks and contracts -€17,461
down €17,461 (-31.3%), from €55,796 to €38,336
of which Contracts in progress: -€14,870
- Receivables within one year -€12,986
down €12,986 (-59.0%), from €21,992 to €9,006
of which Other amounts receivable: -€7,893
- Other debts -€43,375
down €43,375 (-25.5%), from €170,180 to €126,805
- Current portion of long-term debt -€16,666
down €16,666 (-66.7%), from €25,000 to €8,334
- Tax, wage and social debts -€15,133
down €15,133 (-43.3%), from €34,946 to €19,812
of which Remuneration and social security: -€22,178
- Trade debts +€11,975
up €11,975 (+52.4%), from €22,873 to €34,849
- Debts after one year -€8,334
no longer reported in 2025 (was €8,334)
- Gross operating margin -€23,549
down €23,549 (-23.0%), from €102,443 to €78,894
- Staff costs -€14,165
down €14,165 (-30.6%), from €46,314 to €32,149
- Depreciation -€8,219
down €8,219 (-21.4%), from €38,472 to €30,253
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 | €637,643 | €573,121 | -€64,522 | -10.1% |
| Fixed assets | 21/28 | €509,879 | €481,426 | -€28,453 | -5.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €509,879 | €481,426 | -€28,453 | -5.6% |
| Land and buildings | 22 | €490,432 | €467,333 | -€23,099 | -4.7% |
| Plant, machinery and equipment | 23 | €5,108 | €4,642 | -€466 | -9.1% |
| Furniture and vehicles | 24 | €14,339 | €9,450 | -€4,889 | -34.1% |
| Current assets | 29/58 | €127,764 | €91,695 | -€36,069 | -28.2% |
| Stocks and contracts in progress | 3 | €55,796 | €38,336 | -€17,461 | -31.3% |
| Stocks | 30/36 | €12,736 | €10,146 | -€2,591 | -20.3% |
| Contracts in progress | 37 | €43,060 | €28,190 | -€14,870 | -34.5% |
| Amounts receivable within one year | 40/41 | €21,992 | €9,006 | -€12,986 | -59.0% |
| Trade receivables | 40 | €10,544 | €5,451 | -€5,093 | -48.3% |
| Other amounts receivable | 41 | €11,448 | €3,555 | -€7,893 | -68.9% |
| Cash at bank and in hand | 54/58 | €49,976 | €43,938 | -€6,038 | -12.1% |
| Deferred charges and accrued income | 490/1 | - | €416 | +€416 | |
| Total equity and liabilities | 10/49 | €637,643 | €573,121 | -€64,522 | -10.1% |
| Equity | 10/15 | €376,310 | €383,321 | +€7,011 | +1.9% |
| Contributions | 10/11 | €12,280 | €12,280 | = | 0.0% |
| Capital | 10 | €12,280 | €12,280 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,320 | €6,320 | = | 0.0% |
| Reserves | 13 | €364,030 | €371,041 | +€7,011 | +1.9% |
| Non-distributable reserves | 130/1 | €1,228 | €1,228 | = | 0.0% |
| Legal reserve | 130 | €1,228 | €1,228 | = | 0.0% |
| Distributable reserves | 133 | €362,802 | €369,813 | +€7,011 | +1.9% |
| Amounts payable | 17/49 | €261,333 | €189,800 | -€71,533 | -27.4% |
| Amounts payable after more than one year | 17 | €8,334 | - | -€8,334 | |
| Financial debts | 170/4 | €8,334 | - | -€8,334 | |
| Amounts payable within one year | 42/48 | €253,000 | €189,800 | -€63,199 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €8,334 | -€16,666 | -66.7% |
| Trade debts | 44 | €22,873 | €34,849 | +€11,975 | +52.4% |
| Suppliers | 440/4 | €22,873 | €34,849 | +€11,975 | +52.4% |
| Taxes, remuneration and social security | 45 | €34,946 | €19,812 | -€15,133 | -43.3% |
| Taxes | 450/3 | - | €7,044 | +€7,044 | |
| Remuneration and social security | 454/9 | €34,946 | €12,768 | -€22,178 | -63.5% |
| Other amounts payable | 47/48 | €170,180 | €126,805 | -€43,375 | -25.5% |
| Non-recurring operating income | 76A | €6,353 | - | -€6,353 | |
| Remuneration, social security and pensions | 62 | €46,314 | €32,149 | -€14,165 | -30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,472 | €30,253 | -€8,219 | -21.4% |
| Other operating charges | 640/8 | €5,897 | €6,006 | +€109 | +1.9% |
| Gross operating margin | 9900 | €102,443 | €78,894 | -€23,549 | -23.0% |
| Operating profit (loss) | 9901 | €11,760 | €10,485 | -€1,275 | -10.8% |
| Financial income | 75/76B | €485 | €237 | -€248 | -51.1% |
| Recurring financial income | 75 | €485 | €237 | -€248 | -51.1% |
| Financial charges | 65/66B | €1,249 | €882 | -€368 | -29.4% |
| Recurring financial charges | 65 | €1,249 | €882 | -€368 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €10,995 | €9,840 | -€1,155 | -10.5% |
| Income taxes | 67/77 | €3,169 | €2,830 | -€339 | -10.7% |
| Profit (loss) for the period | 9904 | €7,826 | €7,011 | -€816 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,826 | €7,011 | -€816 | -10.4% |
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 9 October 2026 via checked.be.