All Construct: what changed
Two fiscal 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.
All Construct
Largest movements
- Receivables within one year +€26,719
up €26,719 (+53.4%), from €49,993 to €76,712
- Cash -€19,544
down €19,544 (-60.5%), from €32,294 to €12,751
mainly Current portion of long-term debt (-€118,750) and Receivables within one year (-€26,719)
- Tangible fixed assets -€2,227
down €2,227 (-37.6%), from €5,924 to €3,698
of which Furniture and vehicles: -€1,313
- Profit (loss) carried forward +€120,871
up €120,871 (+73.7%), from -€163,954 to -€43,083
- Current portion of long-term debt -€118,750
down €118,750 (-57.1%), from €208,000 to €89,250
- Trade debts +€3,975
up €3,975 (+29.5%), from €13,454 to €17,429
- Other debts -€2,798
down €2,798 (-4.5%), from €62,135 to €59,337
- Tax, wage and social debts +€1,651
up €1,651 (+70.3%), from €2,347 to €3,998
- Gross operating margin -€5,822
down €5,822 (-4.5%), from €129,289 to €123,467
- Depreciation -€1,734
down €1,734 (-43.8%), from €3,961 to €2,227
- Taxes -€1,518
no longer reported in 2024 (was €1,518)
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.
Cash bridge derived
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 | €128,182 | €133,132 | +€4,949 | +3.9% |
| Fixed assets | 21/28 | €8,424 | €6,198 | -€2,227 | -26.4% |
| Tangible fixed assets | 22/27 | €5,924 | €3,698 | -€2,227 | -37.6% |
| Plant, machinery and equipment | 23 | €2,344 | €1,430 | -€914 | -39.0% |
| Furniture and vehicles | 24 | €3,580 | €2,267 | -€1,313 | -36.7% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €119,758 | €126,934 | +€7,176 | +6.0% |
| Stocks and contracts in progress | 3 | €37,471 | €37,471 | = | 0.0% |
| Stocks | 30/36 | €37,471 | €37,471 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €49,993 | €76,712 | +€26,719 | +53.4% |
| Trade receivables | 40 | €49,993 | €76,712 | +€26,719 | +53.4% |
| Cash at bank and in hand | 54/58 | €32,294 | €12,751 | -€19,544 | -60.5% |
| Total equity and liabilities | 10/49 | €128,182 | €133,132 | +€4,949 | +3.9% |
| Equity | 10/15 | -€157,754 | -€36,883 | +€120,871 | +76.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€163,954 | -€43,083 | +€120,871 | +73.7% |
| Amounts payable | 17/49 | €285,936 | €170,015 | -€115,922 | -40.5% |
| Amounts payable within one year | 42/48 | €285,936 | €170,015 | -€115,922 | -40.5% |
| Current portion of amounts payable after more than one year | 42 | €208,000 | €89,250 | -€118,750 | -57.1% |
| Trade debts | 44 | €13,454 | €17,429 | +€3,975 | +29.5% |
| Suppliers | 440/4 | €13,454 | €17,429 | +€3,975 | +29.5% |
| Taxes, remuneration and social security | 45 | €2,347 | €3,998 | +€1,651 | +70.3% |
| Taxes | 450/3 | €2,347 | €3,998 | +€1,651 | +70.3% |
| Other amounts payable | 47/48 | €62,135 | €59,337 | -€2,798 | -4.5% |
| Non-recurring operating income | 76A | €2,066 | €5,500 | +€3,434 | +166.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,961 | €2,227 | -€1,734 | -43.8% |
| Gross operating margin | 9900 | €129,289 | €123,467 | -€5,822 | -4.5% |
| Operating profit (loss) | 9901 | €125,328 | €121,240 | -€4,088 | -3.3% |
| Financial charges | 65/66B | - | €369 | +€369 | |
| Recurring financial charges | 65 | - | €369 | +€369 | |
| Profit (loss) for the period before taxes | 9903 | €125,328 | €120,871 | -€4,457 | -3.6% |
| Income taxes | 67/77 | €1,518 | - | -€1,518 | |
| Profit (loss) for the period | 9904 | €123,810 | €120,871 | -€2,939 | -2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €123,810 | €120,871 | -€2,939 | -2.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.