ACCONSTRUCT: 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.
What changed
ACCONSTRUCT
NACE 68.121, Development of residential building projects
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€122,140
2024 · €65,957+€56,183
Equity
€1.1m
2024 · €984,539+€122,140
Cash
€2.1m
2024 · €1.3m+€790,839
Balance sheet total
€12.4m
2024 · €15.5m-€3.1m
Largest movements
Assets
- Receivables within one year -€2.9m
down €2.9m (-82.0%), from €3.5m to €638,735
of which Trade receivables: -€2.9m
- Current investments -€1.0m
down €1.0m (-11.8%), from €8.5m to €7.5m
- Cash +€790,839
up €790,839 (+60.8%), from €1.3m to €2.1m
mainly Receivables within one year (+€2.9m) and Other debts (+€2.6m)
Equity and liabilities
- Debts after one year -€4.6m
down €4.6m (-100.0%), from €4.6m to €0
- Other debts +€2.6m
new in 2025: €2.6m
- Tax, wage and social debts -€1.1m
down €1.1m (-100.0%), from €1.1m to €0
- Advances received +€728,745
up €728,745 (+25.7%), from €2.8m to €3.6m
- Trade debts -€554,918
down €554,918 (-11.7%), from €4.8m to €4.2m
Income statement
- Goods and materials +€7.4m
up €7.4m (+29.2%), from €25.4m to €32.9m
- Other operating income +€173,214
up €173,214 (+6441.7%), from €2,689 to €175,903
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.
Result 2024
€65,957
Other operating charges
+€67
Other operating items
-€41
Financial income
+€77,104
Financial charges
-€113
Taxes
-€20,834
Result 2025
€122,140
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.
From operations
+€4.4m
Investment
+€1.0m
Financing
-€4.6m
Cash 2024
€1.3m
From operations (derived)
+€4.4m
Net result for the year
+€122,140
Receivables within one year
+€2.9m
Deferred charges and accrued income
-€60,115
Trade debts
-€554,918
Tax, wage and social debts
-€1.1m
Advances received
+€728,745
Other debts
+€2.6m
Accrued charges and deferred income
-€257,535
Investment (derived)
+€1.0m
Investment in fixed assets (net)
+€2,320
Current investments
+€1.0m
Financing
-€4.6m
Debts after one year
-€4.6m
Cash 2025
€2.1m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,465,393 | €12,413,748 | -€3.1m | -19.7% |
| Fixed assets | 21/28 | €2,320 | €0 | -€2,320 | -100.0% |
| Financial fixed assets | 28 | €2,320 | €0 | -€2,320 | -100.0% |
| Other financial fixed assets | 284/8 | €2,320 | €0 | -€2,320 | -100.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,320 | €0 | -€2,320 | -100.0% |
| Current assets | 29/58 | €15,463,073 | €12,413,748 | -€3.0m | -19.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Stocks | 30/36 | €0 | - | = | |
| Property held for sale | 35 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €3,539,013 | €638,735 | -€2.9m | -82.0% |
| Trade receivables | 40 | €3,529,969 | €595,275 | -€2.9m | -83.1% |
| Other amounts receivable | 41 | €9,044 | €43,460 | +€34,416 | +380.5% |
| Current investments | 50/53 | €8,500,000 | €7,500,000 | -€1.0m | -11.8% |
| Other investments | 51/53 | €8,500,000 | €7,500,000 | -€1.0m | -11.8% |
| Cash at bank and in hand | 54/58 | €1,301,177 | €2,092,016 | +€790,839 | +60.8% |
| Deferred charges and accrued income | 490/1 | €2,122,882 | €2,182,997 | +€60,115 | +2.8% |
| Total equity and liabilities | 10/49 | €15,465,393 | €12,413,748 | -€3.1m | -19.7% |
| Equity | 10/15 | €984,539 | €1,106,679 | +€122,140 | +12.4% |
| Contributions | 10/11 | €925,000 | €925,000 | = | 0.0% |
| Capital | 10 | €925,000 | €925,000 | = | 0.0% |
| Issued capital | 100 | €925,000 | €925,000 | = | 0.0% |
| Reserves | 13 | €2,977 | €9,084 | +€6,107 | +205.1% |
| Non-distributable reserves | 130/1 | €2,977 | €9,084 | +€6,107 | +205.1% |
| Legal reserve | 130 | €2,977 | €9,084 | +€6,107 | +205.1% |
| Profit (loss) carried forward | 14 | €56,562 | €172,595 | +€116,033 | +205.1% |
| Amounts payable | 17/49 | €14,480,853 | €11,307,069 | -€3.2m | -21.9% |
| Amounts payable after more than one year | 17 | €4,575,000 | €0 | -€4.6m | -100.0% |
| Financial debts | 170/4 | €4,575,000 | €0 | -€4.6m | -100.0% |
| Other loans | 174 | €4,575,000 | €0 | -€4.6m | -100.0% |
| Amounts payable within one year | 42/48 | €8,679,496 | €10,338,246 | +€1.7m | +19.1% |
| Trade debts | 44 | €4,752,094 | €4,197,176 | -€554,918 | -11.7% |
| Suppliers | 440/4 | €4,752,094 | €4,197,176 | -€554,918 | -11.7% |
| Advances received on contracts in progress | 46 | €2,837,325 | €3,566,071 | +€728,745 | +25.7% |
| Taxes, remuneration and social security | 45 | €1,090,077 | €0 | -€1.1m | -100.0% |
| Taxes | 450/3 | €1,090,077 | €0 | -€1.1m | -100.0% |
| Other amounts payable | 47/48 | - | €2,575,000 | +€2.6m | |
| Accrued charges and deferred income | 492/3 | €1,226,357 | €968,823 | -€257,535 | -21.0% |
| Operating income | 70/76A | €25,447,321 | €32,871,868 | +€7.4m | +29.2% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €25,444,632 | €32,695,965 | +€7.3m | +28.5% |
| Other operating income | 74 | €2,689 | €175,903 | +€173,214 | +6441.7% |
| Operating charges | 60/66A | €25,454,124 | €32,878,645 | +€7.4m | +29.2% |
| Goods for resale, raw materials and consumables | 60 | €25,444,632 | €32,869,514 | +€7.4m | +29.2% |
| Purchases | 600/8 | €25,444,632 | €32,869,514 | +€7.4m | +29.2% |
| Services and other goods | 61 | €8,299 | €8,004 | -€294 | -3.5% |
| Other operating charges | 640/8 | €1,194 | €1,126 | -€67 | -5.6% |
| Operating profit (loss) | 9901 | -€6,803 | -€6,777 | +€27 | +0.4% |
| Financial income | 75/76B | €93,034 | €170,138 | +€77,104 | +82.9% |
| Recurring financial income | 75 | €93,034 | €170,138 | +€77,104 | +82.9% |
| Income from current assets | 751 | €93,033 | €163,966 | +€70,934 | +76.2% |
| Other financial income | 752/9 | €2 | €6,172 | +€6,170 | +373937.6% |
| Financial charges | 65/66B | €394 | €508 | +€113 | +28.7% |
| Recurring financial charges | 65 | €394 | €508 | +€113 | +28.7% |
| Other financial charges | 652/9 | €394 | €508 | +€113 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | €85,837 | €162,854 | +€77,017 | +89.7% |
| Income taxes | 67/77 | €19,880 | €40,713 | +€20,834 | +104.8% |
| Taxes | 670/3 | €19,880 | €40,713 | +€20,834 | +104.8% |
| Profit (loss) for the period | 9904 | €65,957 | €122,140 | +€56,183 | +85.2% |
| Profit (loss) for the period to be appropriated | 9905 | €65,957 | €122,140 | +€56,183 | +85.2% |
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 11 October 2026 via checked.be.