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ANDRESCONSTRUCT: 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.

What changed

ANDRESCONSTRUCT

BE 0680.778.860
NACE 43.910, Bricklaying and masonry work
fiscal year 2025 against 2026filed annual accounts (NBB)
Net result for the year
€12,059
2025 · €8,675+€3,384
Equity
€48,513
2025 · €36,454+€12,059
Cash
€2,503
2025 · €10,347-€7,844
Balance sheet total
€132,636
2025 · €52,557+€80,079

Largest movements

2025 to 2026
Assets
  • Tangible fixed assets +€83,948

    up €83,948 (+11609.3%), from €723 to €84,671

    of which Land and buildings: +€76,600

  • Cash -€7,844

    down €7,844 (-75.8%), from €10,347 to €2,503

    mainly Investment in fixed assets (net) (-€90,950) and Receivables within one year (-€4,042)

  • Receivables within one year +€4,042

    up €4,042 (+10.1%), from €39,824 to €43,866

    of which Other amounts receivable: +€3,200

Equity and liabilities
  • Debts after one year +€61,783

    up €61,783 (+1224.0%), from €5,048 to €66,830

  • Profit (loss) carried forward +€12,059

    up €12,059 (+34.1%), from €35,354 to €47,413

  • Current portion of long-term debt +€4,999

    up €4,999 (+193.5%), from €2,583 to €7,583

  • Trade debts +€2,573

    up €2,573 (+601.7%), from €428 to €3,001

  • Tax, wage and social debts -€1,335

    down €1,335 (-16.6%), from €8,044 to €6,709

    of which Remuneration and social security: -€2,000

Income statement
  • Turnover +€149,879

    up €149,879 (+40.9%), from €366,127 to €516,006

  • Purchases and services +€144,958

    up €144,958 (+42.0%), from €344,846 to €489,804

  • Gross operating margin +€5,669

    up €5,669 (+24.4%), from €23,244 to €28,913

From the 2025 result to the 2026 result

effect on the 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.

Result 2025 €8,675
Gross operating margin +€5,669
Depreciation +€3,423
Other operating charges +€51
Financial income +€0
Financial charges -€5,103
Taxes -€656
Result 2026 €12,059

Cash bridge derived

cash 2025 to 2026

Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€16,323
Investment -€90,950
Financing +€66,782
Cash 2025 €10,347
Net result for the year +€12,059
Depreciation +€7,002
Receivables within one year -€4,042
Deferred charges and accrued income +€66
Trade debts +€2,573
Tax, wage and social debts -€1,335
Investment in fixed assets (net) -€90,950
Debts after one year +€61,783
Current portion of long-term debt +€4,999
Cash 2026 €2,503
Every line side by side 43 lines
Line Code 2025 2026 Change %
Total assets 20/58 €52,557 €132,636 +€80,079 +152.4%
Fixed assets 21/28 €1,697 €85,646 +€83,948 +4945.4%
Tangible fixed assets 22/27 €723 €84,671 +€83,948 +11609.3%
Land and buildings 22 - €76,600 +€76,600
Furniture and vehicles 24 €723 €8,071 +€7,348 +1016.2%
Financial fixed assets 28 €974 €974 = 0.0%
Current assets 29/58 €50,859 €46,990 -€3,869 -7.6%
Amounts receivable within one year 40/41 €39,824 €43,866 +€4,042 +10.1%
Trade receivables 40 €121 €963 +€841 +692.5%
Other amounts receivable 41 €39,703 €42,903 +€3,200 +8.1%
Cash at bank and in hand 54/58 €10,347 €2,503 -€7,844 -75.8%
Deferred charges and accrued income 490/1 €688 €622 -€66 -9.6%
Total equity and liabilities 10/49 €52,557 €132,636 +€80,079 +152.4%
Equity 10/15 €36,454 €48,513 +€12,059 +33.1%
Contributions 10/11 €1,000 €1,000 = 0.0%
Reserves 13 €100 €100 = 0.0%
Non-distributable reserves 130/1 €100 €100 = 0.0%
Reserves not available under the articles 1311 €100 €100 = 0.0%
Profit (loss) carried forward 14 €35,354 €47,413 +€12,059 +34.1%
Amounts payable 17/49 €16,103 €84,123 +€68,020 +422.4%
Amounts payable after more than one year 17 €5,048 €66,830 +€61,783 +1224.0%
Financial debts 170/4 €5,048 €66,830 +€61,783 +1224.0%
Amounts payable within one year 42/48 €11,055 €17,293 +€6,238 +56.4%
Current portion of amounts payable after more than one year 42 €2,583 €7,583 +€4,999 +193.5%
Trade debts 44 €428 €3,001 +€2,573 +601.7%
Suppliers 440/4 €428 €3,001 +€2,573 +601.7%
Taxes, remuneration and social security 45 €8,044 €6,709 -€1,335 -16.6%
Taxes 450/3 €6,044 €6,709 +€665 +11.0%
Remuneration and social security 454/9 €2,000 €0 -€2,000 -100.0%
Turnover 70 €366,127 €516,006 +€149,879 +40.9%
Goods, raw materials, services and sundry goods 60/61 €344,846 €489,804 +€144,958 +42.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €10,425 €7,002 -€3,423 -32.8%
Other operating charges 640/8 €450 €400 -€51 -11.3%
Gross operating margin 9900 €23,244 €28,913 +€5,669 +24.4%
Operating profit (loss) 9901 €12,369 €21,512 +€9,143 +73.9%
Financial income 75/76B €0 €0 +€0 +600.0%
Recurring financial income 75 €0 €0 +€0 +600.0%
Financial charges 65/66B €595 €5,698 +€5,103 +857.6%
Recurring financial charges 65 €595 €5,698 +€5,103 +857.6%
Profit (loss) for the period before taxes 9903 €11,774 €15,814 +€4,040 +34.3%
Income taxes 67/77 €3,098 €3,755 +€656 +21.2%
Profit (loss) for the period 9904 €8,675 €12,059 +€3,384 +39.0%
Profit (loss) for the period to be appropriated 9905 €8,675 €12,059 +€3,384 +39.0%

Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.