Algemene Werken P&S: 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 Werken P&S
Largest movements
- Receivables within one year +€33,904
up €33,904 (+210%), from €16,132 to €50,036
of which Trade receivables: +€21,070
- Tangible fixed assets -€22,097
down €22,097 (-65.6%), from €33,671 to €11,574
of which Furniture and vehicles: -€21,404
- Cash +€1,735
up €1,735 (+40.5%), from €4,282 to €6,017
mainly Depreciation (+€22,207) and Trade debts (+€16,264)
- Deferred charges and accrued income +€1,201
new in 2025: €1,201
- Trade debts +€16,264
up €16,264 (+304%), from €5,353 to €21,617
- Debts after one year -€11,940
down €11,940 (-52.9%), from €22,574 to €10,634
- Profit (loss) carried forward +€10,369
up €10,369 (+180%), from €5,769 to €16,138
- Depreciation -€11,309
down €11,309 (-33.7%), from €33,516 to €22,207
- Financial income -€7,945
down €7,945 (-99.6%), from €7,973 to €28
- Financial charges -€5,513
down €5,513 (-69.8%), from €7,898 to €2,385
- Staff costs +€3,252
new in 2025: €3,252
- Taxes +€1,890
new in 2025: €1,890
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 | €54,196 | €68,829 | +€14,633 | +27.0% |
| Fixed assets | 21/28 | €33,782 | €11,574 | -€22,207 | -65.7% |
| Intangible fixed assets | 21 | €110 | - | -€110 | |
| Tangible fixed assets | 22/27 | €33,671 | €11,574 | -€22,097 | -65.6% |
| Plant, machinery and equipment | 23 | €1,224 | €531 | -€693 | -56.6% |
| Furniture and vehicles | 24 | €32,447 | €11,044 | -€21,404 | -66.0% |
| Current assets | 29/58 | €20,414 | €57,254 | +€36,840 | +180% |
| Amounts receivable within one year | 40/41 | €16,132 | €50,036 | +€33,904 | +210% |
| Trade receivables | 40 | €926 | €21,996 | +€21,070 | +2,275% |
| Other amounts receivable | 41 | €15,206 | €28,040 | +€12,834 | +84.4% |
| Cash at bank and in hand | 54/58 | €4,282 | €6,017 | +€1,735 | +40.5% |
| Deferred charges and accrued income | 490/1 | - | €1,201 | +€1,201 | |
| Total equity and liabilities | 10/49 | €54,196 | €68,829 | +€14,633 | +27.0% |
| Equity | 10/15 | €14,269 | €24,638 | +€10,369 | +72.7% |
| Contributions | 10/11 | €8,500 | €8,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,769 | €16,138 | +€10,369 | +180% |
| Amounts payable | 17/49 | €39,927 | €44,191 | +€4,264 | +10.7% |
| Amounts payable after more than one year | 17 | €22,574 | €10,634 | -€11,940 | -52.9% |
| Financial debts | 170/4 | €22,574 | €10,634 | -€11,940 | -52.9% |
| Amounts payable within one year | 42/48 | €17,353 | €33,557 | +€16,204 | +93.4% |
| Current portion of amounts payable after more than one year | 42 | €12,000 | €11,940 | -€60 | -0.5% |
| Trade debts | 44 | €5,353 | €21,617 | +€16,264 | +304% |
| Suppliers | 440/4 | €5,353 | €21,617 | +€16,264 | +304% |
| Non-recurring operating income | 76A | - | €182 | +€182 | |
| Remuneration, social security and pensions | 62 | - | €3,252 | +€3,252 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,516 | €22,207 | -€11,309 | -33.7% |
| Other operating charges | 640/8 | €999 | €1,262 | +€263 | +26.4% |
| Gross operating margin | 9900 | €40,208 | €41,337 | +€1,128 | +2.8% |
| Operating profit (loss) | 9901 | €5,694 | €14,616 | +€8,922 | +157% |
| Financial income | 75/76B | €7,973 | €28 | -€7,945 | -99.6% |
| Recurring financial income | 75 | €7,973 | €28 | -€7,945 | -99.6% |
| Financial charges | 65/66B | €7,898 | €2,385 | -€5,513 | -69.8% |
| Recurring financial charges | 65 | €7,898 | €2,385 | -€5,513 | -69.8% |
| Profit (loss) for the period before taxes | 9903 | €5,769 | €12,259 | +€6,491 | +113% |
| Income taxes | 67/77 | - | €1,890 | +€1,890 | |
| Profit (loss) for the period | 9904 | €5,769 | €10,369 | +€4,601 | +79.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,769 | €10,369 | +€4,601 | +79.8% |
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 27 October 2026 via checked.be.