ASCOT LUITENANT 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.
ASCOT LUITENANT CONSTRUCT
Largest movements
- Stocks and contracts +€928,130
up €928,130 (+268%), from €345,847 to €1.3m
- Receivables within one year -€44,648
down €44,648 (-100%), from €44,648 to €0
of which Other amounts receivable: -€44,648
- Deferred charges and accrued income +€21,050
up €21,050 (+533%), from €3,950 to €25,000
- Cash +€15,316
up €15,316 (+307%), from €4,987 to €20,303
mainly Other debts (+€470,690) and Advances received (+€262,166)
- Other debts +€470,690
new in 2025: €470,690
- Advances received +€262,166
new in 2025: €262,166
- Short-term financial debts +€211,550
up €211,550 (+2,504%), from €8,450 to €220,000
- Trade debts -€40,893
down €40,893 (-24.8%), from €165,199 to €124,306
- Tax, wage and social debts +€17,324
new in 2025: €17,324
- Gross operating margin -€70,663
down €70,663, from €61,787 to -€8,876
- Taxes -€8,594
down €8,594 (-100%), from €8,594 to €0
- Financial charges -€6,185
down €6,185 (-82.5%), from €7,501 to €1,316
- Financial income -€1,932
down €1,932 (-100%), from €1,932 to €0
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.
Derived cash bridge
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 | €399,432 | €1,319,279 | +€919,847 | +230% |
| Current assets | 29/58 | €399,432 | €1,319,279 | +€919,847 | +230% |
| Stocks and contracts in progress | 3 | €345,847 | €1,273,977 | +€928,130 | +268% |
| Stocks | 30/36 | €345,847 | €1,273,977 | +€928,130 | +268% |
| Amounts receivable within one year | 40/41 | €44,648 | €0 | -€44,648 | -100% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €44,648 | €0 | -€44,648 | -100% |
| Cash at bank and in hand | 54/58 | €4,987 | €20,303 | +€15,316 | +307% |
| Deferred charges and accrued income | 490/1 | €3,950 | €25,000 | +€21,050 | +533% |
| Total equity and liabilities | 10/49 | €399,432 | €1,319,279 | +€919,847 | +230% |
| Equity | 10/15 | €225,783 | €215,047 | -€10,736 | -4.8% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €25,783 | €15,047 | -€10,736 | -41.6% |
| Non-distributable reserves | 130/1 | €1,289 | €1,289 | = | 0.0% |
| Legal reserve | 130 | €1,289 | €1,289 | = | 0.0% |
| Distributable reserves | 133 | €24,494 | €13,758 | -€10,736 | -43.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €173,649 | €1,104,232 | +€930,583 | +536% |
| Amounts payable within one year | 42/48 | €173,649 | €1,094,485 | +€920,837 | +530% |
| Financial debts | 43 | €8,450 | €220,000 | +€211,550 | +2,504% |
| Credit institutions | 430/8 | €8,450 | €220,000 | +€211,550 | +2,504% |
| Trade debts | 44 | €165,199 | €124,306 | -€40,893 | -24.8% |
| Suppliers | 440/4 | €165,199 | €124,306 | -€40,893 | -24.8% |
| Advances received on contracts in progress | 46 | - | €262,166 | +€262,166 | |
| Taxes, remuneration and social security | 45 | - | €17,324 | +€17,324 | |
| Taxes | 450/3 | - | €17,324 | +€17,324 | |
| Other amounts payable | 47/48 | - | €470,690 | +€470,690 | |
| Accrued charges and deferred income | 492/3 | - | €9,746 | +€9,746 | |
| Other operating charges | 640/8 | €578 | €544 | -€34 | -5.9% |
| Gross operating margin | 9900 | €61,787 | -€8,876 | -€70,663 | |
| Operating profit (loss) | 9901 | €61,209 | -€9,420 | -€70,629 | |
| Financial income | 75/76B | €1,932 | €0 | -€1,932 | -100% |
| Recurring financial income | 75 | €1,932 | €0 | -€1,932 | -100% |
| Financial charges | 65/66B | €7,501 | €1,316 | -€6,185 | -82.5% |
| Recurring financial charges | 65 | €7,501 | €1,316 | -€6,185 | -82.5% |
| Profit (loss) for the period before taxes | 9903 | €55,641 | -€10,736 | -€66,377 | |
| Income taxes | 67/77 | €8,594 | €0 | -€8,594 | -100% |
| Profit (loss) for the period | 9904 | €47,047 | -€10,736 | -€57,783 | |
| Profit (loss) for the period to be appropriated | 9905 | €47,047 | -€10,736 | -€57,783 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.