ART.P.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.
ART.P.CONSTRUCT
Largest movements
- Receivables within one year +€6,401
up €6,401 (+4.5%), from €142,013 to €148,414
of which Trade receivables: +€3,725
- Tangible fixed assets -€5,224
down €5,224 (-24.3%), from €21,540 to €16,316
- Trade debts +€5,520
up €5,520 (+28.3%), from €19,532 to €25,052
- Debts after one year -€5,171
down €5,171 (-31.0%), from €16,699 to €11,528
- Tax, wage and social debts -€2,485
down €2,485 (-92.1%), from €2,697 to €212
- Gross operating margin -€10,810
down €10,810 (-45.7%), from €23,650 to €12,840
- Depreciation -€7,946
down €7,946 (-60.3%), from €13,170 to €5,224
- Other operating charges +€2,425
up €2,425 (+1,555%), from €156 to €2,581
- Taxes -€1,173
down €1,173 (-73.3%), from €1,600 to €427
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.
Derived cash bridge
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 | €165,707 | €165,387 | -€320 | -0.2% |
| Fixed assets | 21/28 | €21,540 | €16,316 | -€5,224 | -24.3% |
| Tangible fixed assets | 22/27 | €21,540 | €16,316 | -€5,224 | -24.3% |
| Furniture and vehicles | 24 | €21,540 | €16,316 | -€5,224 | -24.3% |
| Current assets | 29/58 | €144,167 | €149,071 | +€4,904 | +3.4% |
| Amounts receivable within one year | 40/41 | €142,013 | €148,414 | +€6,401 | +4.5% |
| Trade receivables | 40 | €39,571 | €43,297 | +€3,725 | +9.4% |
| Other amounts receivable | 41 | €102,442 | €105,117 | +€2,676 | +2.6% |
| Cash at bank and in hand | 54/58 | €2,154 | €657 | -€1,497 | -69.5% |
| Total equity and liabilities | 10/49 | €165,707 | €165,387 | -€320 | -0.2% |
| Equity | 10/15 | €120,773 | €122,369 | +€1,595 | +1.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €115,773 | €117,369 | +€1,595 | +1.4% |
| Amounts payable | 17/49 | €44,933 | €43,018 | -€1,915 | -4.3% |
| Amounts payable after more than one year | 17 | €16,699 | €11,528 | -€5,171 | -31.0% |
| Financial debts | 170/4 | €16,699 | €11,528 | -€5,171 | -31.0% |
| Amounts payable within one year | 42/48 | €28,235 | €31,491 | +€3,256 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €6,005 | €6,214 | +€209 | +3.5% |
| Financial debts | 43 | - | €12 | +€12 | |
| Credit institutions | 430/8 | - | €12 | +€12 | |
| Trade debts | 44 | €19,532 | €25,052 | +€5,520 | +28.3% |
| Suppliers | 440/4 | €19,532 | €25,052 | +€5,520 | +28.3% |
| Taxes, remuneration and social security | 45 | €2,697 | €212 | -€2,485 | -92.1% |
| Taxes | 450/3 | €2,697 | €212 | -€2,485 | -92.1% |
| Non-recurring operating income | 76A | - | €1,035 | +€1,035 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,170 | €5,224 | -€7,946 | -60.3% |
| Other operating charges | 640/8 | €156 | €2,581 | +€2,425 | +1,555% |
| Non-recurring operating charges | 66A | - | €666 | +€666 | |
| Gross operating margin | 9900 | €23,650 | €12,840 | -€10,810 | -45.7% |
| Operating profit (loss) | 9901 | €10,324 | €4,369 | -€5,955 | -57.7% |
| Financial charges | 65/66B | €2,524 | €2,347 | -€177 | -7.0% |
| Recurring financial charges | 65 | €2,524 | €2,347 | -€177 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €7,800 | €2,022 | -€5,778 | -74.1% |
| Income taxes | 67/77 | €1,600 | €427 | -€1,173 | -73.3% |
| Profit (loss) for the period | 9904 | €6,199 | €1,595 | -€4,604 | -74.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,199 | €1,595 | -€4,604 | -74.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.