ABSOLUT 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.
ABSOLUT CONSTRUCT
Largest movements
- Receivables within one year +€60,822
up €60,822 (+90.8%), from €67,003 to €127,825
- Cash -€23,383
down €23,383 (-54.8%), from €42,691 to €19,308
mainly Receivables within one year (-€60,822) and Other debts (-€36,204)
- Tangible fixed assets +€13,950
up €13,950 (+146.0%), from €9,554 to €23,504
of which Furniture and vehicles: +€14,869
- Profit (loss) carried forward +€51,763
up €51,763 (+820.0%), from €6,313 to €58,076
- Other debts -€36,204
no longer reported in 2025 (was €36,204)
- Trade debts +€29,194
up €29,194 (+64.5%), from €45,256 to €74,450
- Tax, wage and social debts +€5,209
up €5,209 (+18.7%), from €27,901 to €33,111
of which Taxes: +€5,209
- Purchases and services -€150,441
down €150,441 (-34.4%), from €437,387 to €286,946
- Turnover -€95,797
down €95,797 (-20.9%), from €459,179 to €363,382
- Gross operating margin +€54,643
up €54,643 (+250.7%), from €21,792 to €76,436
- Taxes +€12,676
up €12,676 (+342.1%), from €3,706 to €16,381
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 | €120,674 | €170,637 | +€49,963 | +41.4% |
| Fixed assets | 21/28 | €9,554 | €23,504 | +€13,950 | +146.0% |
| Tangible fixed assets | 22/27 | €9,554 | €23,504 | +€13,950 | +146.0% |
| Plant, machinery and equipment | 23 | €2,772 | €1,853 | -€919 | -33.2% |
| Furniture and vehicles | 24 | €6,782 | €21,651 | +€14,869 | +219.2% |
| Current assets | 29/58 | €111,120 | €147,132 | +€36,013 | +32.4% |
| Amounts receivable within one year | 40/41 | €67,003 | €127,825 | +€60,822 | +90.8% |
| Trade receivables | 40 | €67,003 | €127,825 | +€60,822 | +90.8% |
| Cash at bank and in hand | 54/58 | €42,691 | €19,308 | -€23,383 | -54.8% |
| Deferred charges and accrued income | 490/1 | €1,426 | - | -€1,426 | |
| Total equity and liabilities | 10/49 | €120,674 | €170,637 | +€49,963 | +41.4% |
| Equity | 10/15 | €11,313 | €63,076 | +€51,763 | +457.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,313 | €58,076 | +€51,763 | +820.0% |
| Amounts payable | 17/49 | €109,361 | €107,561 | -€1,800 | -1.6% |
| Amounts payable within one year | 42/48 | €109,361 | €107,561 | -€1,800 | -1.6% |
| Trade debts | 44 | €45,256 | €74,450 | +€29,194 | +64.5% |
| Suppliers | 440/4 | €45,256 | €74,450 | +€29,194 | +64.5% |
| Taxes, remuneration and social security | 45 | €27,901 | €33,111 | +€5,209 | +18.7% |
| Taxes | 450/3 | €26,501 | €31,711 | +€5,209 | +19.7% |
| Remuneration and social security | 454/9 | €1,400 | €1,400 | = | 0.0% |
| Other amounts payable | 47/48 | €36,204 | - | -€36,204 | |
| Turnover | 70 | €459,179 | €363,382 | -€95,797 | -20.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €437,387 | €286,946 | -€150,441 | -34.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,996 | €4,250 | -€747 | -14.9% |
| Other operating charges | 640/8 | €1,049 | €3,732 | +€2,683 | +255.7% |
| Gross operating margin | 9900 | €21,792 | €76,436 | +€54,643 | +250.7% |
| Operating profit (loss) | 9901 | €15,747 | €68,454 | +€52,707 | +334.7% |
| Financial income | 75/76B | €8 | €8 | +€0 | +5.2% |
| Recurring financial income | 75 | €8 | €8 | +€0 | +5.2% |
| Financial charges | 65/66B | €202 | €318 | +€116 | +57.5% |
| Recurring financial charges | 65 | €202 | €318 | +€116 | +57.5% |
| Profit (loss) for the period before taxes | 9903 | €15,553 | €68,144 | +€52,592 | +338.2% |
| Income taxes | 67/77 | €3,706 | €16,381 | +€12,676 | +342.1% |
| Profit (loss) for the period | 9904 | €11,847 | €51,763 | +€39,916 | +336.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,847 | €51,763 | +€39,916 | +336.9% |
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 5 October 2026 via checked.be.