AT.construction: 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.construction
Largest movements
- Cash +€64,461
up €64,461 (+48.0%), from €134,154 to €198,615
mainly Net result for the year (+€90,930) and Trade debts (+€39,582)
- Tangible fixed assets +€59,174
up €59,174 (+80.2%), from €73,777 to €132,951
of which Furniture and vehicles: +€63,796
- Receivables within one year +€19,328
up €19,328 (+25.8%), from €74,774 to €94,102
of which Trade receivables: +€34,890
- Reserves +€85,930
up €85,930 (+301.0%), from €28,552 to €114,482
- Trade debts +€39,582
up €39,582 (+515.6%), from €7,676 to €47,259
- Debts after one year +€32,294
up €32,294 (+23.1%), from €139,762 to €172,056
of which Financial debts: +€32,294
- Other debts -€20,773
down €20,773 (-35.1%), from €59,179 to €38,406
- Current portion of long-term debt +€13,212
up €13,212 (+109.8%), from €12,035 to €25,247
- Gross operating margin +€177,868
up €177,868 (+129.6%), from €137,251 to €315,119
- Staff costs +€80,847
up €80,847 (+119.7%), from €67,547 to €148,394
- Depreciation +€22,228
up €22,228 (+246.8%), from €9,007 to €31,235
- Taxes +€15,487
up €15,487 (+137.3%), from €11,278 to €26,765
- Other operating charges +€11,734
up €11,734 (+428.0%), from €2,742 to €14,475
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.
Cash bridge derived
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 | €290,658 | €437,540 | +€146,882 | +50.5% |
| Fixed assets | 21/28 | €74,902 | €134,076 | +€59,174 | +79.0% |
| Tangible fixed assets | 22/27 | €73,777 | €132,951 | +€59,174 | +80.2% |
| Plant, machinery and equipment | 23 | €16,550 | €11,928 | -€4,622 | -27.9% |
| Furniture and vehicles | 24 | €57,227 | €121,023 | +€63,796 | +111.5% |
| Financial fixed assets | 28 | €1,125 | €1,125 | = | 0.0% |
| Current assets | 29/58 | €215,756 | €303,464 | +€87,708 | +40.7% |
| Stocks and contracts in progress | 3 | €3,828 | €6,095 | +€2,267 | +59.2% |
| Stocks | 30/36 | €3,828 | €6,095 | +€2,267 | +59.2% |
| Amounts receivable within one year | 40/41 | €74,774 | €94,102 | +€19,328 | +25.8% |
| Trade receivables | 40 | €53,886 | €88,776 | +€34,890 | +64.7% |
| Other amounts receivable | 41 | €20,888 | €5,326 | -€15,562 | -74.5% |
| Cash at bank and in hand | 54/58 | €134,154 | €198,615 | +€64,461 | +48.0% |
| Deferred charges and accrued income | 490/1 | €3,000 | €4,652 | +€1,652 | +55.1% |
| Total equity and liabilities | 10/49 | €290,658 | €437,540 | +€146,882 | +50.5% |
| Equity | 10/15 | €47,552 | €133,482 | +€85,930 | +180.7% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €28,552 | €114,482 | +€85,930 | +301.0% |
| Distributable reserves | 133 | €28,552 | €114,482 | +€85,930 | +301.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €243,106 | €304,057 | +€60,952 | +25.1% |
| Amounts payable after more than one year | 17 | €139,762 | €172,056 | +€32,294 | +23.1% |
| Financial debts | 170/4 | €39,762 | €72,056 | +€32,294 | +81.2% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €103,344 | €132,002 | +€28,658 | +27.7% |
| Current portion of amounts payable after more than one year | 42 | €12,035 | €25,247 | +€13,212 | +109.8% |
| Trade debts | 44 | €7,676 | €47,259 | +€39,582 | +515.6% |
| Suppliers | 440/4 | €7,676 | €47,259 | +€39,582 | +515.6% |
| Taxes, remuneration and social security | 45 | €24,454 | €21,090 | -€3,364 | -13.8% |
| Taxes | 450/3 | €11,280 | €10,169 | -€1,111 | -9.8% |
| Remuneration and social security | 454/9 | €13,175 | €10,921 | -€2,253 | -17.1% |
| Other amounts payable | 47/48 | €59,179 | €38,406 | -€20,773 | -35.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €67,547 | €148,394 | +€80,847 | +119.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,007 | €31,235 | +€22,228 | +246.8% |
| Other operating charges | 640/8 | €2,742 | €14,475 | +€11,734 | +428.0% |
| Non-recurring operating charges | 66A | €10,224 | €0 | -€10,224 | -100.0% |
| Gross operating margin | 9900 | €137,251 | €315,119 | +€177,868 | +129.6% |
| Operating profit (loss) | 9901 | €47,732 | €121,015 | +€73,283 | +153.5% |
| Financial income | 75/76B | €1,059 | €424 | -€635 | -60.0% |
| Recurring financial income | 75 | €1,059 | €424 | -€635 | -60.0% |
| Financial charges | 65/66B | €553 | €3,744 | +€3,190 | +576.5% |
| Recurring financial charges | 65 | €553 | €3,744 | +€3,190 | +576.5% |
| Profit (loss) for the period before taxes | 9903 | €48,238 | €117,695 | +€69,458 | +144.0% |
| Income taxes | 67/77 | €11,278 | €26,765 | +€15,487 | +137.3% |
| Profit (loss) for the period | 9904 | €36,960 | €90,930 | +€53,970 | +146.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,960 | €90,930 | +€53,970 | +146.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.