A.Y.T. 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.T. CONSTRUCT
Largest movements
- Stocks and contracts -€871,155
down €871,155 (-96.7%), from €901,028 to €29,873
- Tangible fixed assets +€607,933
up €607,933 (+534.1%), from €113,815 to €721,747
of which Land and buildings: +€594,281
- Cash +€23,632
up €23,632 (+50.8%), from €46,483 to €70,115
mainly Stocks and contracts (+€871,155) and Trade debts (+€36,578)
- Receivables within one year +€19,906
up €19,906 (+3.9%), from €514,444 to €534,350
of which Trade receivables: +€28,565
- Debts after one year -€295,250
down €295,250 (-35.5%), from €832,795 to €537,546
- Trade debts +€36,578
up €36,578 (+13.0%), from €280,392 to €316,970
- Other debts +€28,849
up €28,849 (+26.7%), from €107,975 to €136,824
- Current portion of long-term debt +€26,021
up €26,021 (+82.4%), from €31,590 to €57,611
- Tax, wage and social debts -€16,609
down €16,609 (-95.1%), from €17,457 to €848
of which Taxes: -€10,931
- Staff costs -€35,312
down €35,312 (-79.0%), from €44,683 to €9,371
- Gross operating margin -€34,973
down €34,973 (-26.7%), from €131,054 to €96,081
- Other operating charges +€31,817
up €31,817 (+321.0%), from €9,913 to €41,730
- Taxes -€11,469
down €11,469 (-82.3%), from €13,938 to €2,469
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 | €1,575,972 | €1,359,499 | -€216,473 | -13.7% |
| Fixed assets | 21/28 | €113,815 | €721,747 | +€607,933 | +534.1% |
| Tangible fixed assets | 22/27 | €113,815 | €721,747 | +€607,933 | +534.1% |
| Land and buildings | 22 | €93,948 | €688,229 | +€594,281 | +632.6% |
| Plant, machinery and equipment | 23 | €3,177 | €2,359 | -€818 | -25.8% |
| Furniture and vehicles | 24 | €16,689 | €31,159 | +€14,470 | +86.7% |
| Current assets | 29/58 | €1,462,158 | €637,752 | -€824,406 | -56.4% |
| Stocks and contracts in progress | 3 | €901,028 | €29,873 | -€871,155 | -96.7% |
| Stocks | 30/36 | €901,028 | €29,873 | -€871,155 | -96.7% |
| Amounts receivable within one year | 40/41 | €514,444 | €534,350 | +€19,906 | +3.9% |
| Trade receivables | 40 | €334,065 | €362,630 | +€28,565 | +8.6% |
| Other amounts receivable | 41 | €180,379 | €171,720 | -€8,659 | -4.8% |
| Cash at bank and in hand | 54/58 | €46,483 | €70,115 | +€23,632 | +50.8% |
| Deferred charges and accrued income | 490/1 | €203 | €3,414 | +€3,212 | +1584.9% |
| Total equity and liabilities | 10/49 | €1,575,972 | €1,359,499 | -€216,473 | -13.7% |
| Equity | 10/15 | €305,763 | €309,700 | +€3,937 | +1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €76,000 | €76,000 | = | 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% |
| Distributable reserves | 133 | €74,140 | €74,140 | = | 0.0% |
| Profit (loss) carried forward | 14 | €211,163 | €215,100 | +€3,937 | +1.9% |
| Amounts payable | 17/49 | €1,270,209 | €1,049,799 | -€220,410 | -17.4% |
| Amounts payable after more than one year | 17 | €832,795 | €537,546 | -€295,250 | -35.5% |
| Financial debts | 170/4 | €832,795 | €537,546 | -€295,250 | -35.5% |
| Amounts payable within one year | 42/48 | €437,414 | €512,253 | +€74,839 | +17.1% |
| Current portion of amounts payable after more than one year | 42 | €31,590 | €57,611 | +€26,021 | +82.4% |
| Trade debts | 44 | €280,392 | €316,970 | +€36,578 | +13.0% |
| Suppliers | 440/4 | €280,392 | €316,970 | +€36,578 | +13.0% |
| Taxes, remuneration and social security | 45 | €17,457 | €848 | -€16,609 | -95.1% |
| Taxes | 450/3 | €11,779 | €848 | -€10,931 | -92.8% |
| Remuneration and social security | 454/9 | €5,678 | - | -€5,678 | |
| Other amounts payable | 47/48 | €107,975 | €136,824 | +€28,849 | +26.7% |
| Remuneration, social security and pensions | 62 | €44,683 | €9,371 | -€35,312 | -79.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,169 | €12,196 | +€1,027 | +9.2% |
| Other operating charges | 640/8 | €9,913 | €41,730 | +€31,817 | +321.0% |
| Gross operating margin | 9900 | €131,054 | €96,081 | -€34,973 | -26.7% |
| Operating profit (loss) | 9901 | €65,290 | €32,784 | -€32,505 | -49.8% |
| Financial income | 75/76B | €291 | €350 | +€59 | +20.3% |
| Recurring financial income | 75 | €291 | €350 | +€59 | +20.3% |
| Financial charges | 65/66B | €26,023 | €26,729 | +€706 | +2.7% |
| Recurring financial charges | 65 | €26,023 | €26,729 | +€706 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €39,558 | €6,406 | -€33,152 | -83.8% |
| Income taxes | 67/77 | €13,938 | €2,469 | -€11,469 | -82.3% |
| Profit (loss) for the period | 9904 | €25,620 | €3,937 | -€21,683 | -84.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,620 | €3,937 | -€21,683 | -84.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.