Aneconstruct: 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.
Aneconstruct
Largest movements
- Stocks and contracts -€990,360
down €990,360 (-76.2%), from €1.3m to €309,767
- Cash +€167,063
new in 2025: €167,063
mainly Stocks and contracts (+€990,360) and Other debts (+€255,164)
- Tangible fixed assets -€43,712
down €43,712 (-85.7%), from €51,001 to €7,289
- Current portion of long-term debt -€1.2m
down €1.2m (-84.5%), from €1.5m to €225,800
- Other debts +€255,164
up €255,164 (+953.5%), from €26,760 to €281,924
- Tax, wage and social debts +€202,356
new in 2025: €202,356
- Profit (loss) carried forward -€156,464
down €156,464 (-37.6%), from -€416,179 to -€572,642
- Short-term financial debts +€103,042
up €103,042 (+4775.4%), from €2,158 to €105,200
- Financial charges +€103,524
up €103,524, from -€16,927 to €86,597
- Gross operating margin +€43,913
up €43,913 (+63.6%), from -€69,074 to -€25,161
- Depreciation -€1,723
down €1,723 (-3.8%), from €45,435 to €43,712
- Other operating charges +€713
up €713 (+125.2%), from €569 to €1,282
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 | €1,366,418 | €496,858 | -€869,560 | -63.6% |
| Fixed assets | 21/28 | €51,001 | €7,289 | -€43,712 | -85.7% |
| Tangible fixed assets | 22/27 | €51,001 | €7,289 | -€43,712 | -85.7% |
| Other tangible fixed assets | 26 | €51,001 | €7,289 | -€43,712 | -85.7% |
| Current assets | 29/58 | €1,315,416 | €489,569 | -€825,848 | -62.8% |
| Stocks and contracts in progress | 3 | €1,300,128 | €309,767 | -€990,360 | -76.2% |
| Stocks | 30/36 | €1,300,128 | €309,767 | -€990,360 | -76.2% |
| Amounts receivable within one year | 40/41 | €13,368 | €12,500 | -€868 | -6.5% |
| Trade receivables | 40 | €192 | - | -€192 | |
| Other amounts receivable | 41 | €13,176 | €12,500 | -€676 | -5.1% |
| Cash at bank and in hand | 54/58 | - | €167,063 | +€167,063 | |
| Deferred charges and accrued income | 490/1 | €1,920 | €238 | -€1,682 | -87.6% |
| Total equity and liabilities | 10/49 | €1,366,418 | €496,858 | -€869,560 | -63.6% |
| Equity | 10/15 | -€411,179 | -€567,642 | -€156,464 | -38.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€416,179 | -€572,642 | -€156,464 | -37.6% |
| Amounts payable | 17/49 | €1,777,597 | €1,064,500 | -€713,097 | -40.1% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 170/4 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,553,777 | €838,290 | -€715,487 | -46.0% |
| Current portion of amounts payable after more than one year | 42 | €1,456,878 | €225,800 | -€1.2m | -84.5% |
| Financial debts | 43 | €2,158 | €105,200 | +€103,042 | +4775.4% |
| Credit institutions | 430/8 | €2,158 | €105,200 | +€103,042 | +4775.4% |
| Trade debts | 44 | €67,981 | €23,010 | -€44,971 | -66.2% |
| Suppliers | 440/4 | €67,981 | €23,010 | -€44,971 | -66.2% |
| Taxes, remuneration and social security | 45 | - | €202,356 | +€202,356 | |
| Taxes | 450/3 | - | €202,356 | +€202,356 | |
| Other amounts payable | 47/48 | €26,760 | €281,924 | +€255,164 | +953.5% |
| Accrued charges and deferred income | 492/3 | €23,820 | €26,210 | +€2,390 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,435 | €43,712 | -€1,723 | -3.8% |
| Other operating charges | 640/8 | €569 | €1,282 | +€713 | +125.2% |
| Gross operating margin | 9900 | -€69,074 | -€25,161 | +€43,913 | +63.6% |
| Operating profit (loss) | 9901 | -€115,079 | -€70,155 | +€44,924 | +39.0% |
| Financial income | 75/76B | €0 | €288 | +€288 | +288000.0% |
| Recurring financial income | 75 | €0 | €288 | +€288 | +288000.0% |
| Financial charges | 65/66B | -€16,927 | €86,597 | +€103,524 | |
| Recurring financial charges | 65 | -€16,927 | €86,597 | +€103,524 | |
| Profit (loss) for the period before taxes | 9903 | -€98,151 | -€156,464 | -€58,312 | -59.4% |
| Profit (loss) for the period | 9904 | -€98,151 | -€156,464 | -€58,312 | -59.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€98,151 | -€156,464 | -€58,312 | -59.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.