A2 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.
A2 CONSTRUCT
Largest movements
- Tangible fixed assets -€8,014
down €8,014 (-100.0%), from €8,014 to €0
- Receivables within one year +€5,014
up €5,014 (+109.4%), from €4,585 to €9,599
of which Other amounts receivable: +€3,571
- Cash -€2,351
down €2,351 (-31.6%), from €7,435 to €5,085
mainly Receivables within one year (-€5,014) and Current portion of long-term debt (-€4,540)
- Deferred charges and accrued income +€1,369
up €1,369 (+2474.6%), from €55 to €1,424
- Profit (loss) carried forward +€6,419
up €6,419 (+97.1%), from -€6,613 to -€194
- Current portion of long-term debt -€4,540
down €4,540 (-66.5%), from €6,831 to €2,291
- Debts after one year -€2,291
down €2,291 (-100.0%), from €2,291 to €0
- Tax, wage and social debts -€1,274
down €1,274 (-33.0%), from €3,855 to €2,581
of which Taxes: -€1,274
- Trade debts -€1,237
down €1,237 (-86.2%), from €1,435 to €198
- Gross operating margin +€13,610
up €13,610 (+947.9%), from €1,436 to €15,046
- Depreciation -€986
down €986 (-11.0%), from €9,000 to €8,014
- Taxes +€169
up €169, from €0 to €169
- Financial charges -€162
down €162 (-35.4%), from €458 to €296
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 | €20,089 | €16,108 | -€3,981 | -19.8% |
| Fixed assets | 21/28 | €8,014 | €0 | -€8,014 | -100.0% |
| Tangible fixed assets | 22/27 | €8,014 | €0 | -€8,014 | -100.0% |
| Leasing and similar rights | 25 | €8,014 | €0 | -€8,014 | -100.0% |
| Current assets | 29/58 | €12,076 | €16,108 | +€4,032 | +33.4% |
| Amounts receivable within one year | 40/41 | €4,585 | €9,599 | +€5,014 | +109.4% |
| Trade receivables | 40 | €4,585 | €6,028 | +€1,443 | +31.5% |
| Other amounts receivable | 41 | €0 | €3,571 | +€3,571 | |
| Cash at bank and in hand | 54/58 | €7,435 | €5,085 | -€2,351 | -31.6% |
| Deferred charges and accrued income | 490/1 | €55 | €1,424 | +€1,369 | +2474.6% |
| Total equity and liabilities | 10/49 | €20,089 | €16,108 | -€3,981 | -19.8% |
| Equity | 10/15 | -€3,613 | €2,806 | +€6,419 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,613 | -€194 | +€6,419 | +97.1% |
| Amounts payable | 17/49 | €23,702 | €13,302 | -€10,400 | -43.9% |
| Amounts payable after more than one year | 17 | €2,291 | €0 | -€2,291 | -100.0% |
| Financial debts | 170/4 | €2,291 | €0 | -€2,291 | -100.0% |
| Amounts payable within one year | 42/48 | €21,411 | €13,302 | -€8,109 | -37.9% |
| Current portion of amounts payable after more than one year | 42 | €6,831 | €2,291 | -€4,540 | -66.5% |
| Trade debts | 44 | €1,435 | €198 | -€1,237 | -86.2% |
| Suppliers | 440/4 | €1,435 | €198 | -€1,237 | -86.2% |
| Taxes, remuneration and social security | 45 | €3,855 | €2,581 | -€1,274 | -33.0% |
| Taxes | 450/3 | €1,855 | €581 | -€1,274 | -68.7% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €9,290 | €8,232 | -€1,058 | -11.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,000 | €8,014 | -€986 | -11.0% |
| Other operating charges | 640/8 | €40 | €154 | +€114 | +285.6% |
| Gross operating margin | 9900 | €1,436 | €15,046 | +€13,610 | +947.9% |
| Operating profit (loss) | 9901 | -€7,604 | €6,878 | +€14,482 | |
| Financial income | 75/76B | €0 | €6 | +€6 | +21166.7% |
| Recurring financial income | 75 | €0 | €6 | +€6 | +21166.7% |
| Financial charges | 65/66B | €458 | €296 | -€162 | -35.4% |
| Recurring financial charges | 65 | €458 | €296 | -€162 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,062 | €6,588 | +€14,651 | |
| Income taxes | 67/77 | €0 | €169 | +€169 | |
| Profit (loss) for the period | 9904 | -€8,062 | €6,419 | +€14,481 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,062 | €6,419 | +€14,481 |
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 29 September 2026 via checked.be.