ANDY-CONSTRUCT: 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.
ANDY-CONSTRUCT
Largest movements
- Cash -€9,125
down €9,125 (-40.6%), from €22,477 to €13,352
mainly Receivables within one year (-€6,285) and Trade debts (-€5,516)
- Receivables within one year +€6,285
up €6,285 (+30.0%), from €20,940 to €27,225
of which Trade receivables: +€5,893
- Tangible fixed assets -€2,769
down €2,769 (-62.8%), from €4,412 to €1,643
of which Furniture and vehicles: -€2,566
- Trade debts -€5,516
down €5,516 (-51.0%), from €10,816 to €5,300
- Tax, wage and social debts -€2,339
down €2,339 (-78.5%), from €2,980 to €641
of which Remuneration and social security: -€1,500
- Profit (loss) carried forward +€1,972
up €1,972 (+5.6%), from €35,142 to €37,114
- Gross operating margin -€5,575
down €5,575 (-38.2%), from €14,601 to €9,025
- Other operating charges +€920
up €920 (+57.2%), from €1,608 to €2,529
- Taxes -€839
down €839 (-56.7%), from €1,480 to €641
- Depreciation -€357
down €357 (-9.0%), from €3,952 to €3,595
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,118 | €44,155 | -€5,963 | -11.9% |
| Fixed assets | 21/28 | €5,662 | €2,893 | -€2,769 | -48.9% |
| Tangible fixed assets | 22/27 | €4,412 | €1,643 | -€2,769 | -62.8% |
| Plant, machinery and equipment | 23 | €284 | €80 | -€203 | -71.7% |
| Furniture and vehicles | 24 | €4,128 | €1,562 | -€2,566 | -62.2% |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €44,457 | €41,262 | -€3,194 | -7.2% |
| Amounts receivable within one year | 40/41 | €20,940 | €27,225 | +€6,285 | +30.0% |
| Trade receivables | 40 | €17,668 | €23,562 | +€5,893 | +33.4% |
| Other amounts receivable | 41 | €3,272 | €3,663 | +€391 | +12.0% |
| Cash at bank and in hand | 54/58 | €22,477 | €13,352 | -€9,125 | -40.6% |
| Deferred charges and accrued income | 490/1 | €1,039 | €685 | -€354 | -34.0% |
| Total equity and liabilities | 10/49 | €50,118 | €44,155 | -€5,963 | -11.9% |
| Equity | 10/15 | €36,242 | €38,214 | +€1,972 | +5.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,142 | €37,114 | +€1,972 | +5.6% |
| Amounts payable | 17/49 | €13,877 | €5,941 | -€7,935 | -57.2% |
| Amounts payable within one year | 42/48 | €13,877 | €5,941 | -€7,935 | -57.2% |
| Trade debts | 44 | €10,816 | €5,300 | -€5,516 | -51.0% |
| Suppliers | 440/4 | €10,816 | €5,300 | -€5,516 | -51.0% |
| Taxes, remuneration and social security | 45 | €2,980 | €641 | -€2,339 | -78.5% |
| Taxes | 450/3 | €1,480 | €641 | -€839 | -56.7% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €80 | - | -€80 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,952 | €3,595 | -€357 | -9.0% |
| Other operating charges | 640/8 | €1,608 | €2,529 | +€920 | +57.2% |
| Gross operating margin | 9900 | €14,601 | €9,025 | -€5,575 | -38.2% |
| Operating profit (loss) | 9901 | €9,040 | €2,902 | -€6,138 | -67.9% |
| Financial income | 75/76B | €1 | €0 | -€1 | -97.9% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -97.9% |
| Financial charges | 65/66B | €330 | €289 | -€40 | -12.3% |
| Recurring financial charges | 65 | €330 | €289 | -€40 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €8,712 | €2,613 | -€6,099 | -70.0% |
| Income taxes | 67/77 | €1,480 | €641 | -€839 | -56.7% |
| Profit (loss) for the period | 9904 | €7,232 | €1,972 | -€5,260 | -72.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,232 | €1,972 | -€5,260 | -72.7% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.