Andrey 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.
Andrey Construct
Largest movements
- Receivables within one year -€50,011
down €50,011 (-13.7%), from €365,340 to €315,329
of which Trade receivables: -€32,714
- Tangible fixed assets -€11,581
down €11,581 (-24.3%), from €47,619 to €36,038
of which Plant, machinery and equipment: -€7,312
- Trade debts -€82,256
down €82,256 (-41.0%), from €200,844 to €118,588
of which Bills of exchange payable: -€68,458
- Profit (loss) carried forward +€36,092
up €36,092 (+27.7%), from €130,466 to €166,559
- Short-term financial debts -€21,582
no longer reported in 2025 (was €21,582)
- Tax, wage and social debts +€15,677
up €15,677 (+489.6%), from €3,202 to €18,879
- Debts after one year -€11,263
down €11,263 (-71.6%), from €15,732 to €4,469
- Turnover -€889,980
no longer reported in 2025 (was €889,980)
- Purchases and services -€834,347
no longer reported in 2025 (was €834,347)
- Gross operating margin +€35,941
up €35,941 (+64.6%), from €55,633 to €91,575
- Depreciation +€15,523
up €15,523 (+106.6%), from €14,559 to €30,081
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.
Cash bridge derived
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 | €419,029 | €353,349 | -€65,680 | -15.7% |
| Fixed assets | 21/28 | €47,619 | €36,038 | -€11,581 | -24.3% |
| Tangible fixed assets | 22/27 | €47,619 | €36,038 | -€11,581 | -24.3% |
| Plant, machinery and equipment | 23 | €16,446 | €9,133 | -€7,312 | -44.5% |
| Furniture and vehicles | 24 | €31,173 | €26,904 | -€4,269 | -13.7% |
| Current assets | 29/58 | €371,410 | €317,312 | -€54,099 | -14.6% |
| Amounts receivable within one year | 40/41 | €365,340 | €315,329 | -€50,011 | -13.7% |
| Trade receivables | 40 | €299,384 | €266,670 | -€32,714 | -10.9% |
| Other amounts receivable | 41 | €65,956 | €48,659 | -€17,297 | -26.2% |
| Cash at bank and in hand | 54/58 | €6,070 | €1,983 | -€4,088 | -67.3% |
| Total equity and liabilities | 10/49 | €419,029 | €353,349 | -€65,680 | -15.7% |
| Equity | 10/15 | €150,926 | €187,019 | +€36,092 | +23.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €130,466 | €166,559 | +€36,092 | +27.7% |
| Provisions and deferred taxes | 16 | €13,950 | €13,950 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €13,950 | €13,950 | = | 0.0% |
| Environmental obligations | 163 | €13,950 | €13,950 | = | 0.0% |
| Amounts payable | 17/49 | €254,153 | €152,381 | -€101,772 | -40.0% |
| Amounts payable after more than one year | 17 | €15,732 | €4,469 | -€11,263 | -71.6% |
| Financial debts | 170/4 | €15,732 | €4,469 | -€11,263 | -71.6% |
| Amounts payable within one year | 42/48 | €238,421 | €147,911 | -€90,509 | -38.0% |
| Current portion of amounts payable after more than one year | 42 | €12,793 | €10,444 | -€2,348 | -18.4% |
| Financial debts | 43 | €21,582 | - | -€21,582 | |
| Credit institutions | 430/8 | €21,582 | - | -€21,582 | |
| Trade debts | 44 | €200,844 | €118,588 | -€82,256 | -41.0% |
| Suppliers | 440/4 | €38,928 | €25,130 | -€13,798 | -35.4% |
| Bills of exchange payable | 441 | €161,916 | €93,458 | -€68,458 | -42.3% |
| Taxes, remuneration and social security | 45 | €3,202 | €18,879 | +€15,677 | +489.6% |
| Taxes | 450/3 | €3,202 | €18,879 | +€15,677 | +489.6% |
| Turnover | 70 | €889,980 | - | -€889,980 | |
| Goods, raw materials, services and sundry goods | 60/61 | €834,347 | - | -€834,347 | |
| Remuneration, social security and pensions | 62 | €344 | €840 | +€496 | +144.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,559 | €30,081 | +€15,523 | +106.6% |
| Other operating charges | 640/8 | €4,278 | €3,425 | -€853 | -19.9% |
| Gross operating margin | 9900 | €55,633 | €91,575 | +€35,941 | +64.6% |
| Operating profit (loss) | 9901 | €36,453 | €57,228 | +€20,775 | +57.0% |
| Financial income | 75/76B | - | €849 | +€849 | |
| Recurring financial income | 75 | - | €849 | +€849 | |
| Non-recurring financial income | 76B | - | €849 | +€849 | |
| Financial charges | 65/66B | €7,053 | €8,686 | +€1,633 | +23.2% |
| Recurring financial charges | 65 | €7,053 | €7,838 | +€785 | +11.1% |
| Non-recurring financial charges | 66B | - | €849 | +€849 | |
| Profit (loss) for the period before taxes | 9903 | €29,400 | €49,390 | +€19,991 | +68.0% |
| Income taxes | 67/77 | €8,202 | €13,298 | +€5,096 | +62.1% |
| Profit (loss) for the period | 9904 | €21,198 | €36,092 | +€14,894 | +70.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,198 | €36,092 | +€14,894 | +70.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2024 and 31 January 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.