AB CONSTRUCTIEF: 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.
AB CONSTRUCTIEF
Largest movements
- Cash +€43,889
up €43,889 (+27.5%), from €159,375 to €203,264
mainly Net result for the year (+€33,577) and Depreciation (+€13,445)
- Tangible fixed assets -€11,995
down €11,995 (-42.0%), from €28,528 to €16,533
of which Furniture and vehicles: -€11,174
- Receivables within one year -€7,106
down €7,106 (-35.9%), from €19,813 to €12,707
of which Other amounts receivable: -€4,249
- Reserves +€33,577
up €33,577 (+18.5%), from €181,248 to €214,825
of which Distributable reserves: +€33,577
- Debts after one year -€7,883
down €7,883 (-100%), from €7,883 to €0
- Gross operating margin +€7,790
up €7,790 (+14.7%), from €53,068 to €60,859
- Taxes +€2,300
up €2,300 (+20.2%), from €11,388 to €13,688
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 | €209,232 | €234,120 | +€24,888 | +11.9% |
| Fixed assets | 21/28 | €28,528 | €16,533 | -€11,995 | -42.0% |
| Tangible fixed assets | 22/27 | €28,528 | €16,533 | -€11,995 | -42.0% |
| Furniture and vehicles | 24 | €27,560 | €16,387 | -€11,174 | -40.5% |
| Other tangible fixed assets | 26 | €968 | €146 | -€822 | -84.9% |
| Current assets | 29/58 | €180,703 | €217,587 | +€36,883 | +20.4% |
| Amounts receivable within one year | 40/41 | €19,813 | €12,707 | -€7,106 | -35.9% |
| Trade receivables | 40 | €15,564 | €12,707 | -€2,856 | -18.4% |
| Other amounts receivable | 41 | €4,249 | €0 | -€4,249 | -100% |
| Cash at bank and in hand | 54/58 | €159,375 | €203,264 | +€43,889 | +27.5% |
| Deferred charges and accrued income | 490/1 | €1,516 | €1,616 | +€100 | +6.6% |
| Total equity and liabilities | 10/49 | €209,232 | €234,120 | +€24,888 | +11.9% |
| Equity | 10/15 | €181,248 | €214,825 | +€33,577 | +18.5% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €181,248 | €214,825 | +€33,577 | +18.5% |
| Tax-exempt reserves | 132 | €1,918 | €1,918 | = | 0.0% |
| Distributable reserves | 133 | €179,330 | €212,907 | +€33,577 | +18.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €27,983 | €19,294 | -€8,689 | -31.0% |
| Amounts payable after more than one year | 17 | €7,883 | €0 | -€7,883 | -100% |
| Financial debts | 170/4 | €7,883 | €0 | -€7,883 | -100% |
| Amounts payable within one year | 42/48 | €20,063 | €19,257 | -€806 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | €9,366 | €7,883 | -€1,483 | -15.8% |
| Trade debts | 44 | €1,187 | €411 | -€776 | -65.4% |
| Suppliers | 440/4 | €1,187 | €411 | -€776 | -65.4% |
| Taxes, remuneration and social security | 45 | €8,191 | €9,818 | +€1,628 | +19.9% |
| Taxes | 450/3 | €8,191 | €9,818 | +€1,628 | +19.9% |
| Other amounts payable | 47/48 | €1,319 | €1,145 | -€174 | -13.2% |
| Accrued charges and deferred income | 492/3 | €37 | €37 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,311 | €13,445 | +€134 | +1.0% |
| Other operating charges | 640/8 | €948 | €990 | +€43 | +4.5% |
| Gross operating margin | 9900 | €53,068 | €60,859 | +€7,790 | +14.7% |
| Operating profit (loss) | 9901 | €38,810 | €46,424 | +€7,614 | +19.6% |
| Financial income | 75/76B | €1,404 | €1,108 | -€296 | -21.1% |
| Recurring financial income | 75 | €1,404 | €1,108 | -€296 | -21.1% |
| Financial charges | 65/66B | €415 | €266 | -€149 | -35.8% |
| Recurring financial charges | 65 | €415 | €266 | -€149 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | €39,799 | €47,265 | +€7,466 | +18.8% |
| Income taxes | 67/77 | €11,388 | €13,688 | +€2,300 | +20.2% |
| Profit (loss) for the period | 9904 | €28,411 | €33,577 | +€5,166 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,411 | €33,577 | +€5,166 | +18.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.