3ALJ 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.
3ALJ CONSTRUCT
Largest movements
- Receivables within one year +€86,693
up €86,693 (+134%), from €64,491 to €151,184
of which Trade receivables: +€94,472
- Stocks and contracts -€53,449
no longer reported in 2025 (was €53,449)
- Cash -€42,756
down €42,756 (-86.1%), from €49,659 to €6,903
mainly Receivables within one year (-€86,693) and Trade debts (-€48,789)
- Tangible fixed assets -€12,482
down €12,482 (-55.5%), from €22,488 to €10,006
of which Furniture and vehicles: -€9,001
- Trade debts -€48,789
down €48,789 (-63.4%), from €76,937 to €28,147
- Profit (loss) carried forward +€31,158
up €31,158 (+112%), from €27,915 to €59,073
- Tax, wage and social debts +€11,559
up €11,559 (+503%), from €2,297 to €13,856
of which Taxes: +€10,587
- Other debts -€8,784
down €8,784 (-33.7%), from €26,099 to €17,316
- Current portion of long-term debt -€4,518
down €4,518 (-25.0%), from €18,101 to €13,583
- Gross operating margin +€106,998
up €106,998, from -€666 to €106,332
- Staff costs +€44,238
up €44,238 (+13,654%), from €324 to €44,562
- Other operating charges -€10,918
down €10,918 (-58.0%), from €18,837 to €7,919
- Taxes +€6,548
up €6,548 (+4,757%), from €138 to €6,685
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 | €196,569 | €173,612 | -€22,957 | -11.7% |
| Fixed assets | 21/28 | €27,788 | €15,306 | -€12,482 | -44.9% |
| Tangible fixed assets | 22/27 | €22,488 | €10,006 | -€12,482 | -55.5% |
| Plant, machinery and equipment | 23 | €6,768 | €3,288 | -€3,480 | -51.4% |
| Furniture and vehicles | 24 | €15,720 | €6,718 | -€9,001 | -57.3% |
| Financial fixed assets | 28 | €5,300 | €5,300 | = | 0.0% |
| Current assets | 29/58 | €168,780 | €158,306 | -€10,475 | -6.2% |
| Stocks and contracts in progress | 3 | €53,449 | - | -€53,449 | |
| Contracts in progress | 37 | €53,449 | - | -€53,449 | |
| Amounts receivable within one year | 40/41 | €64,491 | €151,184 | +€86,693 | +134% |
| Trade receivables | 40 | €53,899 | €148,371 | +€94,472 | +175% |
| Other amounts receivable | 41 | €10,592 | €2,813 | -€7,780 | -73.4% |
| Current investments | 50/53 | €698 | €178 | -€521 | -74.5% |
| Cash at bank and in hand | 54/58 | €49,659 | €6,903 | -€42,756 | -86.1% |
| Deferred charges and accrued income | 490/1 | €483 | €42 | -€442 | -91.4% |
| Total equity and liabilities | 10/49 | €196,569 | €173,612 | -€22,957 | -11.7% |
| Equity | 10/15 | €48,375 | €79,533 | +€31,158 | +64.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,915 | €59,073 | +€31,158 | +112% |
| Amounts payable | 17/49 | €148,193 | €94,079 | -€54,114 | -36.5% |
| Amounts payable after more than one year | 17 | €24,760 | €21,177 | -€3,583 | -14.5% |
| Financial debts | 170/4 | €24,760 | €21,177 | -€3,583 | -14.5% |
| Amounts payable within one year | 42/48 | €123,433 | €72,902 | -€50,531 | -40.9% |
| Current portion of amounts payable after more than one year | 42 | €18,101 | €13,583 | -€4,518 | -25.0% |
| Trade debts | 44 | €76,937 | €28,147 | -€48,789 | -63.4% |
| Suppliers | 440/4 | €76,937 | €28,147 | -€48,789 | -63.4% |
| Taxes, remuneration and social security | 45 | €2,297 | €13,856 | +€11,559 | +503% |
| Taxes | 450/3 | €2,297 | €12,883 | +€10,587 | +461% |
| Remuneration and social security | 454/9 | - | €973 | +€973 | |
| Other amounts payable | 47/48 | €26,099 | €17,316 | -€8,784 | -33.7% |
| Non-recurring operating income | 76A | €4,400 | - | -€4,400 | |
| Remuneration, social security and pensions | 62 | €324 | €44,562 | +€44,238 | +13,654% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,036 | €12,482 | +€446 | +3.7% |
| Other operating charges | 640/8 | €18,837 | €7,919 | -€10,918 | -58.0% |
| Gross operating margin | 9900 | -€666 | €106,332 | +€106,998 | |
| Operating profit (loss) | 9901 | -€31,862 | €41,370 | +€73,232 | |
| Financial income | 75/76B | €838 | €86 | -€752 | -89.8% |
| Recurring financial income | 75 | €838 | €86 | -€752 | -89.8% |
| Financial charges | 65/66B | €3,042 | €3,612 | +€570 | +18.7% |
| Recurring financial charges | 65 | €3,042 | €3,612 | +€570 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | -€34,067 | €37,843 | +€71,910 | |
| Income taxes | 67/77 | €138 | €6,685 | +€6,548 | +4,757% |
| Profit (loss) for the period | 9904 | -€34,204 | €31,158 | +€65,362 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,204 | €31,158 | +€65,362 |
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 14 October 2026 via checked.be.