A & C CONSTRUCTION: 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.
A & C CONSTRUCTION
Largest movements
- Receivables within one year +€88,504
up €88,504 (+41.8%), from €211,911 to €300,415
of which Trade receivables: +€75,816
- Tangible fixed assets -€6,509
down €6,509 (-79.9%), from €8,143 to €1,634
of which Furniture and vehicles: -€6,140
- Cash -€6,323
down €6,323 (-68.6%), from €9,218 to €2,895
mainly Receivables within one year (-€88,504) and Debts after one year (-€3,402)
- Stocks and contracts -€4,500
no longer reported in 2025 (was €4,500)
- Advances received +€33,723
up €33,723 (+129.4%), from €26,060 to €59,783
- Reserves +€28,317
up €28,317 (+48.8%), from €58,044 to €86,360
- Trade debts +€11,829
up €11,829 (+9.8%), from €120,947 to €132,776
- Tax, wage and social debts +€4,533
up €4,533 (+32.8%), from €13,826 to €18,359
- Debts after one year -€3,402
no longer reported in 2025 (was €3,402)
- Depreciation -€3,619
down €3,619 (-35.7%), from €10,129 to €6,509
- Gross operating margin -€3,162
down €3,162 (-6.3%), from €50,279 to €47,117
- Financial charges -€2,925
down €2,925 (-78.5%), from €3,729 to €803
- Taxes -€2,702
down €2,702 (-20.4%), from €13,258 to €10,555
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 | €234,571 | €306,339 | +€71,767 | +30.6% |
| Fixed assets | 21/28 | €8,143 | €1,634 | -€6,509 | -79.9% |
| Tangible fixed assets | 22/27 | €8,143 | €1,634 | -€6,509 | -79.9% |
| Plant, machinery and equipment | 23 | €472 | €103 | -€369 | -78.2% |
| Furniture and vehicles | 24 | €7,671 | €1,531 | -€6,140 | -80.0% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €226,428 | €304,705 | +€78,277 | +34.6% |
| Stocks and contracts in progress | 3 | €4,500 | - | -€4,500 | |
| Contracts in progress | 37 | €4,500 | - | -€4,500 | |
| Amounts receivable within one year | 40/41 | €211,911 | €300,415 | +€88,504 | +41.8% |
| Trade receivables | 40 | €135,443 | €211,258 | +€75,816 | +56.0% |
| Other amounts receivable | 41 | €76,468 | €89,157 | +€12,689 | +16.6% |
| Cash at bank and in hand | 54/58 | €9,218 | €2,895 | -€6,323 | -68.6% |
| Deferred charges and accrued income | 490/1 | €800 | €1,395 | +€595 | +74.4% |
| Total equity and liabilities | 10/49 | €234,571 | €306,339 | +€71,767 | +30.6% |
| Equity | 10/15 | €61,044 | €89,360 | +€28,317 | +46.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €58,044 | €86,360 | +€28,317 | +48.8% |
| Distributable reserves | 133 | €58,044 | €86,360 | +€28,317 | +48.8% |
| Amounts payable | 17/49 | €173,528 | €216,978 | +€43,450 | +25.0% |
| Amounts payable after more than one year | 17 | €3,402 | - | -€3,402 | |
| Financial debts | 170/4 | €3,402 | - | -€3,402 | |
| Amounts payable within one year | 42/48 | €170,126 | €216,978 | +€46,852 | +27.5% |
| Current portion of amounts payable after more than one year | 42 | €3,472 | €2,000 | -€1,472 | -42.4% |
| Trade debts | 44 | €120,947 | €132,776 | +€11,829 | +9.8% |
| Suppliers | 440/4 | €120,947 | €132,776 | +€11,829 | +9.8% |
| Advances received on contracts in progress | 46 | €26,060 | €59,783 | +€33,723 | +129.4% |
| Taxes, remuneration and social security | 45 | €13,826 | €18,359 | +€4,533 | +32.8% |
| Taxes | 450/3 | €13,826 | €18,359 | +€4,533 | +32.8% |
| Other amounts payable | 47/48 | €5,820 | €4,060 | -€1,760 | -30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,129 | €6,509 | -€3,619 | -35.7% |
| Other operating charges | 640/8 | €757 | €933 | +€176 | +23.2% |
| Gross operating margin | 9900 | €50,279 | €47,117 | -€3,162 | -6.3% |
| Operating profit (loss) | 9901 | €39,394 | €39,675 | +€281 | +0.7% |
| Financial income | 75/76B | €497 | €0 | -€497 | -99.9% |
| Recurring financial income | 75 | €497 | €0 | -€497 | -99.9% |
| Financial charges | 65/66B | €3,729 | €803 | -€2,925 | -78.5% |
| Recurring financial charges | 65 | €3,729 | €803 | -€2,925 | -78.5% |
| Profit (loss) for the period before taxes | 9903 | €36,162 | €38,872 | +€2,710 | +7.5% |
| Income taxes | 67/77 | €13,258 | €10,555 | -€2,702 | -20.4% |
| Profit (loss) for the period | 9904 | €22,904 | €28,317 | +€5,412 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,904 | €28,317 | +€5,412 | +23.6% |
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.