A.D. CONSTRUC FERRONNERIE: 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.D. CONSTRUC FERRONNERIE
Largest movements
- Tangible fixed assets -€24,528
down €24,528 (-14.7%), from €166,739 to €142,211
of which Furniture and vehicles: -€14,243
- Receivables within one year +€18,885
up €18,885 (+56.5%), from €33,435 to €52,320
of which Trade receivables: +€17,012
- Stocks and contracts -€14,931
down €14,931 (-50.4%), from €29,626 to €14,695
- Debts after one year -€27,397
down €27,397 (-23.3%), from €117,562 to €90,165
- Trade debts -€18,121
down €18,121 (-35.6%), from €50,899 to €32,777
- Profit (loss) carried forward +€16,928
up €16,928 (+32.9%), from -€51,521 to -€34,593
- Advances received +€7,924
up €7,924 (+66.8%), from €11,857 to €19,782
- Tax, wage and social debts +€6,309
up €6,309 (+42.5%), from €14,839 to €21,148
of which Remuneration and social security: +€3,619
- Gross operating margin +€34,428
up €34,428 (+26.7%), from €128,785 to €163,214
- Taxes +€4,193
up €4,193 (+2,162%), from €194 to €4,387
- Staff costs +€1,786
up €1,786 (+1.7%), from €106,324 to €108,110
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 | €283,627 | €261,357 | -€22,271 | -7.9% |
| Fixed assets | 21/28 | €166,739 | €142,211 | -€24,528 | -14.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €166,739 | €142,211 | -€24,528 | -14.7% |
| Land and buildings | 22 | €136,863 | €126,578 | -€10,285 | -7.5% |
| Furniture and vehicles | 24 | €29,876 | €15,633 | -€14,243 | -47.7% |
| Current assets | 29/58 | €116,889 | €119,146 | +€2,257 | +1.9% |
| Stocks and contracts in progress | 3 | €29,626 | €14,695 | -€14,931 | -50.4% |
| Stocks | 30/36 | €29,626 | €14,695 | -€14,931 | -50.4% |
| Amounts receivable within one year | 40/41 | €33,435 | €52,320 | +€18,885 | +56.5% |
| Trade receivables | 40 | €29,782 | €46,795 | +€17,012 | +57.1% |
| Other amounts receivable | 41 | €3,653 | €5,525 | +€1,872 | +51.3% |
| Cash at bank and in hand | 54/58 | €53,384 | €51,714 | -€1,671 | -3.1% |
| Deferred charges and accrued income | 490/1 | €443 | €417 | -€26 | -5.9% |
| Total equity and liabilities | 10/49 | €283,627 | €261,357 | -€22,271 | -7.9% |
| Equity | 10/15 | -€10,365 | €5,645 | +€16,010 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,018 | €20,018 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €20,018 | €20,018 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,521 | -€34,593 | +€16,928 | +32.9% |
| Investment grants | 15 | €14,938 | €14,019 | -€919 | -6.1% |
| Amounts payable | 17/49 | €293,992 | €255,712 | -€38,280 | -13.0% |
| Amounts payable after more than one year | 17 | €117,562 | €90,165 | -€27,397 | -23.3% |
| Financial debts | 170/4 | €117,562 | €90,165 | -€27,397 | -23.3% |
| Amounts payable within one year | 42/48 | €174,853 | €164,114 | -€10,738 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €28,653 | €27,397 | -€1,255 | -4.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €50,899 | €32,777 | -€18,121 | -35.6% |
| Suppliers | 440/4 | €50,899 | €32,777 | -€18,121 | -35.6% |
| Advances received on contracts in progress | 46 | €11,857 | €19,782 | +€7,924 | +66.8% |
| Taxes, remuneration and social security | 45 | €14,839 | €21,148 | +€6,309 | +42.5% |
| Taxes | 450/3 | €2,299 | €4,989 | +€2,690 | +117% |
| Remuneration and social security | 454/9 | €12,540 | €16,159 | +€3,619 | +28.9% |
| Other amounts payable | 47/48 | €68,605 | €63,010 | -€5,595 | -8.2% |
| Accrued charges and deferred income | 492/3 | €1,577 | €1,433 | -€145 | -9.2% |
| Remuneration, social security and pensions | 62 | €106,324 | €108,110 | +€1,786 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,366 | €24,528 | -€838 | -3.3% |
| Other operating charges | 640/8 | €3,859 | €5,388 | +€1,529 | +39.6% |
| Gross operating margin | 9900 | €128,785 | €163,214 | +€34,428 | +26.7% |
| Operating profit (loss) | 9901 | -€6,763 | €25,188 | +€31,951 | |
| Financial income | 75/76B | €1,040 | €1,161 | +€120 | +11.6% |
| Recurring financial income | 75 | €1,040 | €1,161 | +€120 | +11.6% |
| Financial charges | 65/66B | €4,998 | €5,034 | +€36 | +0.7% |
| Recurring financial charges | 65 | €4,998 | €5,034 | +€36 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,721 | €21,315 | +€32,035 | |
| Income taxes | 67/77 | €194 | €4,387 | +€4,193 | +2,162% |
| Profit (loss) for the period | 9904 | -€10,915 | €16,928 | +€27,843 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,915 | €16,928 | +€27,843 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.