AT - 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.
AT - CONSTRUCT
Largest movements
- Receivables within one year +€118,471
up €118,471 (+15.5%), from €765,028 to €883,500
of which Other amounts receivable: +€73,219
- Stocks and contracts -€79,500
down €79,500 (-36.7%), from €216,465 to €136,965
- Cash +€28,280
new in 2024: €28,280
mainly Stocks and contracts (+€79,500) and Depreciation (+€39,556)
- Reserves +€28,900
up €28,900 (+5.1%), from €563,764 to €592,664
of which Non-distributable reserves: +€28,182
- Trade debts +€19,112
up €19,112 (+7.3%), from €262,212 to €281,324
- Financial income -€67,860
down €67,860 (-99.8%), from €68,006 to €145
of which Non-recurring financial income: -€67,960
- Gross operating margin +€57,973
up €57,973 (+21.0%), from €276,038 to €334,012
- Staff costs +€40,550
up €40,550 (+21.4%), from €189,739 to €230,289
- Taxes -€24,073
down €24,073 (-59.2%), from €40,682 to €16,610
- Financial charges -€19,522
down €19,522 (-62.4%), from €31,271 to €11,749
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 | €1,138,588 | €1,198,249 | +€59,661 | +5.2% |
| Fixed assets | 21/28 | €147,378 | €143,744 | -€3,635 | -2.5% |
| Tangible fixed assets | 22/27 | €144,993 | €141,404 | -€3,590 | -2.5% |
| Plant, machinery and equipment | 23 | €30,684 | €26,612 | -€4,072 | -13.3% |
| Furniture and vehicles | 24 | €28,327 | €50,304 | +€21,977 | +77.6% |
| Other tangible fixed assets | 26 | €85,983 | €64,487 | -€21,496 | -25.0% |
| Financial fixed assets | 28 | €2,385 | €2,340 | -€45 | -1.9% |
| Current assets | 29/58 | €991,210 | €1,054,506 | +€63,296 | +6.4% |
| Stocks and contracts in progress | 3 | €216,465 | €136,965 | -€79,500 | -36.7% |
| Contracts in progress | 37 | €216,465 | €136,965 | -€79,500 | -36.7% |
| Amounts receivable within one year | 40/41 | €765,028 | €883,500 | +€118,471 | +15.5% |
| Trade receivables | 40 | €700,341 | €745,593 | +€45,252 | +6.5% |
| Other amounts receivable | 41 | €64,687 | €137,906 | +€73,219 | +113% |
| Cash at bank and in hand | 54/58 | - | €28,280 | +€28,280 | |
| Deferred charges and accrued income | 490/1 | €9,717 | €5,761 | -€3,956 | -40.7% |
| Total equity and liabilities | 10/49 | €1,138,588 | €1,198,249 | +€59,661 | +5.2% |
| Equity | 10/15 | €582,364 | €611,264 | +€28,900 | +5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €563,764 | €592,664 | +€28,900 | +5.1% |
| Non-distributable reserves | 130/1 | €114,315 | €142,496 | +€28,182 | +24.7% |
| Reserves not available under the articles | 1311 | €114,315 | €142,496 | +€28,182 | +24.7% |
| Tax-exempt reserves | 132 | €169,850 | €169,850 | = | 0.0% |
| Distributable reserves | 133 | €279,599 | €280,318 | +€719 | +0.3% |
| Amounts payable | 17/49 | €556,224 | €586,985 | +€30,760 | +5.5% |
| Amounts payable after more than one year | 17 | €59,530 | €66,768 | +€7,238 | +12.2% |
| Financial debts | 170/4 | €59,530 | €66,768 | +€7,238 | +12.2% |
| Amounts payable within one year | 42/48 | €496,694 | €519,484 | +€22,790 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €100,000 | €100,963 | +€963 | +1.0% |
| Financial debts | 43 | €789 | - | -€789 | |
| Credit institutions | 430/8 | €789 | - | -€789 | |
| Trade debts | 44 | €262,212 | €281,324 | +€19,112 | +7.3% |
| Suppliers | 440/4 | €262,212 | €281,324 | +€19,112 | +7.3% |
| Advances received on contracts in progress | 46 | €1,210 | €1,210 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €43,131 | €49,827 | +€6,696 | +15.5% |
| Taxes | 450/3 | €43,131 | €23,069 | -€20,062 | -46.5% |
| Remuneration and social security | 454/9 | - | €26,759 | +€26,759 | |
| Other amounts payable | 47/48 | €89,352 | €86,160 | -€3,192 | -3.6% |
| Accrued charges and deferred income | 492/3 | - | €733 | +€733 | |
| Remuneration, social security and pensions | 62 | €189,739 | €230,289 | +€40,550 | +21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,945 | €39,556 | -€389 | -1.0% |
| Other operating charges | 640/8 | €8,752 | €7,053 | -€1,698 | -19.4% |
| Non-recurring operating charges | 66A | €2,958 | - | -€2,958 | |
| Gross operating margin | 9900 | €276,038 | €334,012 | +€57,973 | +21.0% |
| Operating profit (loss) | 9901 | €34,645 | €57,114 | +€22,468 | +64.9% |
| Financial income | 75/76B | €68,006 | €145 | -€67,860 | -99.8% |
| Recurring financial income | 75 | €46 | €145 | +€100 | +218% |
| Non-recurring financial income | 76B | €67,960 | - | -€67,960 | |
| Financial charges | 65/66B | €31,271 | €11,749 | -€19,522 | -62.4% |
| Recurring financial charges | 65 | €31,271 | €11,749 | -€19,522 | -62.4% |
| Profit (loss) for the period before taxes | 9903 | €71,379 | €45,510 | -€25,870 | -36.2% |
| Income taxes | 67/77 | €40,682 | €16,610 | -€24,073 | -59.2% |
| Profit (loss) for the period | 9904 | €30,697 | €28,900 | -€1,797 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,697 | €28,900 | -€1,797 | -5.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.