A & Y CONSTRUCT: 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 & Y CONSTRUCT
Largest movements
- Receivables within one year -€26,153
down €26,153 (-17.2%), from €151,709 to €125,556
of which Trade receivables: -€36,013
- Tangible fixed assets -€24,294
down €24,294 (-24.4%), from €99,678 to €75,385
of which Leasing and similar rights: -€21,740
- Cash -€4,979
down €4,979 (-85.0%), from €5,854 to €875
mainly Advances received (-€87,428) and Debts after one year (-€11,127)
- Advances received -€87,428
no longer reported in 2024 (was €87,428)
- Trade debts +€38,055
up €38,055 (+97.3%), from €39,106 to €77,161
- Other debts +€25,433
up €25,433 (+150.6%), from €16,888 to €42,321
- Debts after one year -€11,127
down €11,127 (-24.4%), from €45,680 to €34,554
- Current portion of long-term debt -€9,765
down €9,765 (-46.7%), from €20,892 to €11,127
- Staff costs -€76,407
down €76,407 (-37.0%), from €206,252 to €129,846
- Gross operating margin -€56,603
down €56,603 (-25.0%), from €226,775 to €170,173
- Other operating charges +€11,526
up €11,526 (+290.1%), from €3,973 to €15,498
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €277,730 | €222,755 | -€54,975 | -19.8% |
| Fixed assets | 21/28 | €113,828 | €89,670 | -€24,159 | -21.2% |
| Tangible fixed assets | 22/27 | €99,678 | €75,385 | -€24,294 | -24.4% |
| Furniture and vehicles | 24 | €25,386 | €22,832 | -€2,554 | -10.1% |
| Leasing and similar rights | 25 | €74,292 | €52,552 | -€21,740 | -29.3% |
| Financial fixed assets | 28 | €14,150 | €14,285 | +€135 | +1.0% |
| Current assets | 29/58 | €163,901 | €133,085 | -€30,816 | -18.8% |
| Amounts receivable within one year | 40/41 | €151,709 | €125,556 | -€26,153 | -17.2% |
| Trade receivables | 40 | €150,923 | €114,910 | -€36,013 | -23.9% |
| Other amounts receivable | 41 | €786 | €10,646 | +€9,860 | +1254.7% |
| Cash at bank and in hand | 54/58 | €5,854 | €875 | -€4,979 | -85.0% |
| Deferred charges and accrued income | 490/1 | €6,338 | €6,653 | +€315 | +5.0% |
| Total equity and liabilities | 10/49 | €277,730 | €222,755 | -€54,975 | -19.8% |
| Equity | 10/15 | €39,736 | €32,975 | -€6,761 | -17.0% |
| 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 | €19,276 | €12,515 | -€6,761 | -35.1% |
| Amounts payable | 17/49 | €237,994 | €189,780 | -€48,214 | -20.3% |
| Amounts payable after more than one year | 17 | €45,680 | €34,554 | -€11,127 | -24.4% |
| Financial debts | 170/4 | €45,680 | €34,554 | -€11,127 | -24.4% |
| Amounts payable within one year | 42/48 | €192,314 | €155,074 | -€37,240 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €20,892 | €11,127 | -€9,765 | -46.7% |
| Trade debts | 44 | €39,106 | €77,161 | +€38,055 | +97.3% |
| Suppliers | 440/4 | €39,106 | €77,161 | +€38,055 | +97.3% |
| Advances received on contracts in progress | 46 | €87,428 | - | -€87,428 | |
| Taxes, remuneration and social security | 45 | €28,000 | €24,466 | -€3,535 | -12.6% |
| Taxes | 450/3 | €1,475 | €7,919 | +€6,444 | +436.9% |
| Remuneration and social security | 454/9 | €26,525 | €16,546 | -€9,979 | -37.6% |
| Other amounts payable | 47/48 | €16,888 | €42,321 | +€25,433 | +150.6% |
| Accrued charges and deferred income | 492/3 | - | €152 | +€152 | |
| Remuneration, social security and pensions | 62 | €206,252 | €129,846 | -€76,407 | -37.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,819 | €27,945 | +€1,126 | +4.2% |
| Other operating charges | 640/8 | €3,973 | €15,498 | +€11,526 | +290.1% |
| Gross operating margin | 9900 | €226,775 | €170,173 | -€56,603 | -25.0% |
| Operating profit (loss) | 9901 | -€10,269 | -€3,116 | +€7,153 | +69.7% |
| Financial income | 75/76B | €1 | €9 | +€8 | +735.5% |
| Recurring financial income | 75 | €1 | €9 | +€8 | +735.5% |
| Financial charges | 65/66B | €3,036 | €3,425 | +€389 | +12.8% |
| Recurring financial charges | 65 | €3,036 | €3,425 | +€389 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,304 | -€6,532 | +€6,772 | +50.9% |
| Income taxes | 67/77 | - | €229 | +€229 | |
| Profit (loss) for the period | 9904 | -€13,304 | -€6,761 | +€6,543 | +49.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,304 | -€6,761 | +€6,543 | +49.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.