AETERRA CONSTRUCT: 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.
AETERRA CONSTRUCT
Largest movements
- Receivables after one year +€917,187
up €917,187, from €0 to €917,187
- Cash -€737,353
down €737,353 (-34.2%), from €2.2m to €1.4m
mainly Debts after one year (-€1.5m) and Receivables after one year (-€917,187)
- Receivables within one year -€168,231
down €168,231 (-49.8%), from €338,009 to €169,778
of which Trade receivables: -€176,085
- Stocks and contracts -€134,797
down €134,797 (-2.2%), from €6.2m to €6.1m
of which Contracts in progress: -€481,101
- Debts after one year -€1.5m
down €1.5m (-53.7%), from €2.8m to €1.3m
- Current portion of long-term debt +€1.4m
new in 2025: €1.4m
- Advances received -€850,389
down €850,389 (-14.3%), from €5.9m to €5.1m
- Trade debts +€568,768
up €568,768 (+1,465%), from €38,812 to €607,579
- Profit (loss) carried forward +€492,456
up €492,456, from -€425,347 to €67,109
- Gross operating margin +€536,294
up €536,294 (+297%), from €180,418 to €716,711
- Financial charges -€93,172
down €93,172 (-26.2%), from €356,147 to €262,975
- Financial income -€51,381
down €51,381 (-44.9%), from €114,465 to €63,085
- Taxes +€24,119
new in 2025: €24,119
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 | €8,755,697 | €8,589,071 | -€166,626 | -1.9% |
| Fixed assets | 21/28 | - | €630 | +€630 | |
| Financial fixed assets | 28 | - | €630 | +€630 | |
| Current assets | 29/58 | €8,755,697 | €8,588,441 | -€167,256 | -1.9% |
| Amounts receivable after more than one year | 29 | €0 | €917,187 | +€917,187 | |
| Other amounts receivable | 291 | €0 | €917,187 | +€917,187 | |
| Stocks and contracts in progress | 3 | €6,199,450 | €6,064,652 | -€134,797 | -2.2% |
| Stocks | 30/36 | €69,252 | €415,556 | +€346,304 | +500% |
| Contracts in progress | 37 | €6,130,197 | €5,649,096 | -€481,101 | -7.8% |
| Amounts receivable within one year | 40/41 | €338,009 | €169,778 | -€168,231 | -49.8% |
| Trade receivables | 40 | €330,779 | €154,694 | -€176,085 | -53.2% |
| Other amounts receivable | 41 | €7,230 | €15,084 | +€7,854 | +109% |
| Cash at bank and in hand | 54/58 | €2,153,992 | €1,416,639 | -€737,353 | -34.2% |
| Deferred charges and accrued income | 490/1 | €64,246 | €20,184 | -€44,062 | -68.6% |
| Total equity and liabilities | 10/49 | €8,755,697 | €8,589,071 | -€166,626 | -1.9% |
| Equity | 10/15 | -€400,347 | €92,109 | +€492,456 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€425,347 | €67,109 | +€492,456 | |
| Amounts payable | 17/49 | €9,156,044 | €8,496,962 | -€659,082 | -7.2% |
| Amounts payable after more than one year | 17 | €2,791,208 | €1,291,622 | -€1.5m | -53.7% |
| Financial debts | 170/4 | €2,791,208 | €1,291,622 | -€1.5m | -53.7% |
| Amounts payable within one year | 42/48 | €6,313,883 | €7,176,113 | +€862,230 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | - | €1,422,034 | +€1.4m | |
| Trade debts | 44 | €38,812 | €607,579 | +€568,768 | +1,465% |
| Suppliers | 440/4 | €38,812 | €607,579 | +€568,768 | +1,465% |
| Advances received on contracts in progress | 46 | €5,941,320 | €5,090,931 | -€850,389 | -14.3% |
| Taxes, remuneration and social security | 45 | €333,751 | €55,569 | -€278,182 | -83.4% |
| Taxes | 450/3 | €333,751 | €55,569 | -€278,182 | -83.4% |
| Accrued charges and deferred income | 492/3 | €50,953 | €29,227 | -€21,727 | -42.6% |
| Other operating charges | 640/8 | €141 | €247 | +€106 | +75.5% |
| Gross operating margin | 9900 | €180,418 | €716,711 | +€536,294 | +297% |
| Operating profit (loss) | 9901 | €180,277 | €716,465 | +€536,188 | +297% |
| Financial income | 75/76B | €114,465 | €63,085 | -€51,381 | -44.9% |
| Recurring financial income | 75 | €114,465 | €63,085 | -€51,381 | -44.9% |
| Financial charges | 65/66B | €356,147 | €262,975 | -€93,172 | -26.2% |
| Recurring financial charges | 65 | €356,147 | €262,975 | -€93,172 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | -€61,404 | €516,575 | +€577,979 | |
| Income taxes | 67/77 | - | €24,119 | +€24,119 | |
| Profit (loss) for the period | 9904 | -€61,404 | €492,456 | +€553,860 | |
| Profit (loss) for the period to be appropriated | 9905 | -€61,404 | €492,456 | +€553,860 |
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 30 October 2026 via checked.be.