A & P CONSTRUCTIONS: 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.
A & P CONSTRUCTIONS
Largest movements
- Receivables within one year -€40,927
down €40,927 (-49.4%), from €82,792 to €41,865
of which Other amounts receivable: -€21,639
- Cash +€28,954
up €28,954 (+198.4%), from €14,596 to €43,549
mainly Receivables within one year (+€40,927) and Net result for the year (+€21,341)
- Tangible fixed assets -€6,242
down €6,242 (-3.8%), from €163,665 to €157,423
of which Land and buildings: -€5,000
- Stocks and contracts -€5,681
down €5,681 (-41.4%), from €13,717 to €8,036
- Trade debts -€15,673
down €15,673 (-31.9%), from €49,150 to €33,476
- Debts after one year -€7,730
down €7,730 (-24.7%), from €31,358 to €23,628
- Reserves -€4,754
down €4,754 (-5.0%), from €94,357 to €89,603
of which Distributable reserves: -€2,894
- Tax, wage and social debts +€3,910
up €3,910 (+1303.3%), from €300 to €4,210
of which Taxes: +€4,210
- Other operating charges -€19,522
down €19,522 (-84.5%), from €23,097 to €3,574
- Gross operating margin +€10,036
up €10,036 (+27.6%), from €36,355 to €46,391
- Taxes +€6,336
up €6,336 (+246.5%), from €2,570 to €8,905
- Depreciation +€5,698
up €5,698 (+138.1%), from €4,126 to €9,824
- Financial charges +€952
up €952 (+97.8%), from €974 to €1,926
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 | €275,417 | €251,519 | -€23,898 | -8.7% |
| Fixed assets | 21/28 | €163,915 | €157,673 | -€6,242 | -3.8% |
| Tangible fixed assets | 22/27 | €163,665 | €157,423 | -€6,242 | -3.8% |
| Land and buildings | 22 | €149,438 | €144,438 | -€5,000 | -3.3% |
| Plant, machinery and equipment | 23 | €8,703 | €6,024 | -€2,679 | -30.8% |
| Furniture and vehicles | 24 | €5,523 | €6,960 | +€1,437 | +26.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €111,503 | €93,846 | -€17,657 | -15.8% |
| Stocks and contracts in progress | 3 | €13,717 | €8,036 | -€5,681 | -41.4% |
| Contracts in progress | 37 | €13,717 | €8,036 | -€5,681 | -41.4% |
| Amounts receivable within one year | 40/41 | €82,792 | €41,865 | -€40,927 | -49.4% |
| Trade receivables | 40 | €27,675 | €8,387 | -€19,288 | -69.7% |
| Other amounts receivable | 41 | €55,117 | €33,478 | -€21,639 | -39.3% |
| Current investments | 50/53 | €398 | €395 | -€2 | -0.6% |
| Cash at bank and in hand | 54/58 | €14,596 | €43,549 | +€28,954 | +198.4% |
| Total equity and liabilities | 10/49 | €275,417 | €251,519 | -€23,898 | -8.7% |
| Equity | 10/15 | €187,178 | €182,423 | -€4,754 | -2.5% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Reserves | 13 | €94,357 | €89,603 | -€4,754 | -5.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €92,497 | €89,603 | -€2,894 | -3.1% |
| Profit (loss) carried forward | 14 | €81,621 | €81,621 | = | 0.0% |
| Amounts payable | 17/49 | €88,240 | €69,095 | -€19,144 | -21.7% |
| Amounts payable after more than one year | 17 | €31,358 | €23,628 | -€7,730 | -24.7% |
| Financial debts | 170/4 | €31,358 | €23,628 | -€7,730 | -24.7% |
| Amounts payable within one year | 42/48 | €56,881 | €45,467 | -€11,414 | -20.1% |
| Current portion of amounts payable after more than one year | 42 | €7,431 | €7,730 | +€298 | +4.0% |
| Financial debts | 43 | - | €51 | +€51 | |
| Credit institutions | 430/8 | - | €51 | +€51 | |
| Trade debts | 44 | €49,150 | €33,476 | -€15,673 | -31.9% |
| Suppliers | 440/4 | €49,150 | €33,476 | -€15,673 | -31.9% |
| Taxes, remuneration and social security | 45 | €300 | €4,210 | +€3,910 | +1303.3% |
| Taxes | 450/3 | - | €4,210 | +€4,210 | |
| Remuneration and social security | 454/9 | €300 | - | -€300 | |
| Remuneration, social security and pensions | 62 | €2,731 | €2,278 | -€453 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,126 | €9,824 | +€5,698 | +138.1% |
| Other operating charges | 640/8 | €23,097 | €3,574 | -€19,522 | -84.5% |
| Non-recurring operating charges | 66A | - | €453 | +€453 | |
| Gross operating margin | 9900 | €36,355 | €46,391 | +€10,036 | +27.6% |
| Operating profit (loss) | 9901 | €6,401 | €30,261 | +€23,860 | +372.7% |
| Financial income | 75/76B | €1,959 | €1,911 | -€47 | -2.4% |
| Recurring financial income | 75 | €1,959 | €1,911 | -€47 | -2.4% |
| Financial charges | 65/66B | €974 | €1,926 | +€952 | +97.8% |
| Recurring financial charges | 65 | €974 | €1,926 | +€952 | +97.8% |
| Profit (loss) for the period before taxes | 9903 | €7,386 | €30,247 | +€22,860 | +309.5% |
| Income taxes | 67/77 | €2,570 | €8,905 | +€6,336 | +246.5% |
| Profit (loss) for the period | 9904 | €4,816 | €21,341 | +€16,525 | +343.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,816 | €21,341 | +€16,525 | +343.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.