ah construction: 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.
ah construction
Largest movements
- Receivables within one year +€22,694
up €22,694 (+116%), from €19,597 to €42,291
of which Trade receivables: +€24,850
- Tangible fixed assets -€19,615
down €19,615 (-11.2%), from €174,976 to €155,361
of which Furniture and vehicles: -€11,613
- Cash +€8,221
up €8,221 (+817%), from €1,006 to €9,227
mainly Depreciation (+€19,615) and Trade debts (+€19,398)
- Trade debts +€19,398
up €19,398 (+112%), from €17,334 to €36,731
- Debts after one year -€17,706
down €17,706 (-13.3%), from €132,855 to €115,149
- Profit (loss) carried forward +€13,552
up €13,552 (+30.6%), from -€44,251 to -€30,699
- Other debts +€7,042
up €7,042 (+52.9%), from €13,312 to €20,353
- Accrued charges and deferred income -€6,515
no longer reported in 2024 (was €6,515)
- Financial income +€22,273
up €22,273 (+9,812%), from €227 to €22,500
of which Non-recurring financial income: +€22,500
- Gross operating margin +€18,132
up €18,132 (+6,082%), from €298 to €18,430
- Depreciation +€2,139
up €2,139 (+12.2%), from €17,476 to €19,615
- Other operating charges -€444
down €444 (-10.9%), from €4,071 to €3,627
- Financial charges -€286
down €286 (-6.9%), from €4,164 to €3,878
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €196,038 | €207,144 | +€11,106 | +5.7% |
| Fixed assets | 21/28 | €174,976 | €155,361 | -€19,615 | -11.2% |
| Tangible fixed assets | 22/27 | €174,976 | €155,361 | -€19,615 | -11.2% |
| Land and buildings | 22 | €148,309 | €140,700 | -€7,609 | -5.1% |
| Plant, machinery and equipment | 23 | €962 | €569 | -€393 | -40.8% |
| Furniture and vehicles | 24 | €25,704 | €14,092 | -€11,613 | -45.2% |
| Current assets | 29/58 | €21,062 | €51,783 | +€30,722 | +146% |
| Amounts receivable within one year | 40/41 | €19,597 | €42,291 | +€22,694 | +116% |
| Trade receivables | 40 | €17,442 | €42,291 | +€24,850 | +142% |
| Other amounts receivable | 41 | €2,155 | - | -€2,155 | |
| Cash at bank and in hand | 54/58 | €1,006 | €9,227 | +€8,221 | +817% |
| Deferred charges and accrued income | 490/1 | €459 | €265 | -€193 | -42.1% |
| Total equity and liabilities | 10/49 | €196,038 | €207,144 | +€11,106 | +5.7% |
| Equity | 10/15 | €2,721 | €16,273 | +€13,552 | +498% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,372 | €28,372 | = | 0.0% |
| Distributable reserves | 133 | €28,372 | €28,372 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,251 | -€30,699 | +€13,552 | +30.6% |
| Amounts payable | 17/49 | €193,317 | €190,871 | -€2,445 | -1.3% |
| Amounts payable after more than one year | 17 | €132,855 | €115,149 | -€17,706 | -13.3% |
| Financial debts | 170/4 | €132,855 | €115,149 | -€17,706 | -13.3% |
| Amounts payable within one year | 42/48 | €53,947 | €75,723 | +€21,776 | +40.4% |
| Current portion of amounts payable after more than one year | 42 | €15,284 | €16,736 | +€1,452 | +9.5% |
| Trade debts | 44 | €17,334 | €36,731 | +€19,398 | +112% |
| Suppliers | 440/4 | €17,334 | €36,731 | +€19,398 | +112% |
| Taxes, remuneration and social security | 45 | €8,017 | €1,903 | -€6,115 | -76.3% |
| Taxes | 450/3 | €3,017 | €1,903 | -€1,115 | -36.9% |
| Remuneration and social security | 454/9 | €5,000 | - | -€5,000 | |
| Other amounts payable | 47/48 | €13,312 | €20,353 | +€7,042 | +52.9% |
| Accrued charges and deferred income | 492/3 | €6,515 | - | -€6,515 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,476 | €19,615 | +€2,139 | +12.2% |
| Other operating charges | 640/8 | €4,071 | €3,627 | -€444 | -10.9% |
| Gross operating margin | 9900 | €298 | €18,430 | +€18,132 | +6,082% |
| Operating profit (loss) | 9901 | -€21,249 | -€4,812 | +€16,437 | +77.4% |
| Financial income | 75/76B | €227 | €22,500 | +€22,273 | +9,812% |
| Recurring financial income | 75 | €227 | €22,500 | +€22,273 | +9,812% |
| Non-recurring financial income | 76B | - | €22,500 | +€22,500 | |
| Financial charges | 65/66B | €4,164 | €3,878 | -€286 | -6.9% |
| Recurring financial charges | 65 | €4,164 | €3,878 | -€286 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | -€25,185 | €13,810 | +€38,995 | |
| Income taxes | 67/77 | €317 | €259 | -€59 | -18.5% |
| Profit (loss) for the period | 9904 | -€25,503 | €13,552 | +€39,054 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,503 | €13,552 | +€39,054 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.