ALGEMENE BOUWONDERNEMING VERDONCK: 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.
ALGEMENE BOUWONDERNEMING VERDONCK
Largest movements
- Cash +€155,638
up €155,638 (+64.8%), from €240,329 to €395,967
mainly Net result for the year (+€153,949) and Trade debts (+€104,694)
- Stocks and contracts +€37,755
up €37,755 (+1,510%), from €2,500 to €40,255
of which Contracts in progress: +€30,148
- Tangible fixed assets -€18,778
down €18,778 (-23.9%), from €78,723 to €59,945
of which Leasing and similar rights: -€10,392
- Reserves +€153,949
up €153,949 (+23.2%), from €664,026 to €817,976
of which Distributable reserves: +€153,949
- Trade debts +€104,694
up €104,694 (+86.8%), from €120,683 to €225,377
- Other debts -€98,575
down €98,575 (-87.6%), from €112,507 to €13,933
- Tax, wage and social debts +€41,380
up €41,380 (+556%), from €7,445 to €48,824
of which Taxes: +€40,682
- Gross operating margin +€147,837
up €147,837 (+58.2%), from €254,118 to €401,955
- Taxes +€47,318
up €47,318 (+224%), from €21,164 to €68,482
- Staff costs +€9,946
up €9,946 (+7.1%), from €139,983 to €149,930
- Other operating charges -€7,105
down €7,105 (-69.6%), from €10,210 to €3,105
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 | €928,021 | €1,114,372 | +€186,352 | +20.1% |
| Fixed assets | 21/28 | €79,069 | €60,291 | -€18,778 | -23.7% |
| Tangible fixed assets | 22/27 | €78,723 | €59,945 | -€18,778 | -23.9% |
| Plant, machinery and equipment | 23 | €4,871 | €8,386 | +€3,515 | +72.2% |
| Furniture and vehicles | 24 | €55,260 | €46,231 | -€9,029 | -16.3% |
| Leasing and similar rights | 25 | €10,392 | €0 | -€10,392 | -100% |
| Other tangible fixed assets | 26 | €8,200 | €5,328 | -€2,872 | -35.0% |
| Financial fixed assets | 28 | €346 | €346 | = | 0.0% |
| Current assets | 29/58 | €848,952 | €1,054,082 | +€205,130 | +24.2% |
| Amounts receivable after more than one year | 29 | €280,000 | €280,000 | = | 0.0% |
| Other amounts receivable | 291 | €280,000 | €280,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €2,500 | €40,255 | +€37,755 | +1,510% |
| Stocks | 30/36 | €2,500 | €10,107 | +€7,607 | +304% |
| Contracts in progress | 37 | - | €30,148 | +€30,148 | |
| Amounts receivable within one year | 40/41 | €301,118 | €304,442 | +€3,324 | +1.1% |
| Trade receivables | 40 | €103,657 | €155,722 | +€52,065 | +50.2% |
| Other amounts receivable | 41 | €197,461 | €148,720 | -€48,741 | -24.7% |
| Cash at bank and in hand | 54/58 | €240,329 | €395,967 | +€155,638 | +64.8% |
| Deferred charges and accrued income | 490/1 | €25,005 | €33,418 | +€8,413 | +33.6% |
| Total equity and liabilities | 10/49 | €928,021 | €1,114,372 | +€186,352 | +20.1% |
| Equity | 10/15 | €671,336 | €825,286 | +€153,949 | +22.9% |
| Contributions | 10/11 | €7,310 | €7,310 | = | 0.0% |
| Reserves | 13 | €664,026 | €817,976 | +€153,949 | +23.2% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €662,171 | €816,121 | +€153,949 | +23.2% |
| Amounts payable | 17/49 | €256,684 | €289,087 | +€32,402 | +12.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €249,884 | €288,134 | +€38,250 | +15.3% |
| Current portion of amounts payable after more than one year | 42 | €9,249 | €0 | -€9,249 | -100% |
| Trade debts | 44 | €120,683 | €225,377 | +€104,694 | +86.8% |
| Suppliers | 440/4 | €120,683 | €225,377 | +€104,694 | +86.8% |
| Taxes, remuneration and social security | 45 | €7,445 | €48,824 | +€41,380 | +556% |
| Taxes | 450/3 | €575 | €41,257 | +€40,682 | +7,072% |
| Remuneration and social security | 454/9 | €6,869 | €7,567 | +€698 | +10.2% |
| Other amounts payable | 47/48 | €112,507 | €13,933 | -€98,575 | -87.6% |
| Accrued charges and deferred income | 492/3 | €6,800 | €953 | -€5,847 | -86.0% |
| Remuneration, social security and pensions | 62 | €139,983 | €149,930 | +€9,946 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,670 | €31,397 | +€727 | +2.4% |
| Other operating charges | 640/8 | €10,210 | €3,105 | -€7,105 | -69.6% |
| Gross operating margin | 9900 | €254,118 | €401,955 | +€147,837 | +58.2% |
| Operating profit (loss) | 9901 | €73,255 | €217,523 | +€144,268 | +197% |
| Financial income | 75/76B | €10,966 | €12,323 | +€1,358 | +12.4% |
| Recurring financial income | 75 | €10,966 | €12,323 | +€1,358 | +12.4% |
| Financial charges | 65/66B | €8,502 | €7,416 | -€1,086 | -12.8% |
| Recurring financial charges | 65 | €8,502 | €7,416 | -€1,086 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €75,719 | €222,431 | +€146,712 | +194% |
| Income taxes | 67/77 | €21,164 | €68,482 | +€47,318 | +224% |
| Profit (loss) for the period | 9904 | €54,556 | €153,949 | +€99,394 | +182% |
| Profit (loss) for the period to be appropriated | 9905 | €54,556 | €153,949 | +€99,394 | +182% |
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 29 October 2026 via checked.be.