AYD CONSTRUCTION & ENGINEERING: 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.
AYD CONSTRUCTION & ENGINEERING
Largest movements
- Receivables within one year +€109,047
up €109,047 (+111.5%), from €97,779 to €206,826
of which Other amounts receivable: +€75,493
- Cash -€51,782
down €51,782 (-90.8%), from €56,998 to €5,216
mainly Receivables within one year (-€109,047) and Other debts (-€25,183)
- Reserves +€33,197
up €33,197 (+44.4%), from €74,853 to €108,051
- Current portion of long-term debt +€30,000
new in 2024: €30,000
- Trade debts +€26,242
up €26,242 (+98.3%), from €26,702 to €52,944
- Other debts -€25,183
down €25,183 (-91.0%), from €27,683 to €2,500
- Tax, wage and social debts -€5,232
down €5,232 (-46.0%), from €11,384 to €6,152
- Gross operating margin +€10,527
up €10,527 (+17.3%), from €60,801 to €71,327
- Financial income -€4,800
down €4,800 (-75.8%), from €6,330 to €1,530
of which Non-recurring financial income: -€4,496
- Financial charges +€1,959
up €1,959 (+149.2%), from €1,313 to €3,272
- Taxes +€1,265
up €1,265 (+10.5%), from €12,087 to €13,352
- Staff costs -€751
down €751 (-3.5%), from €21,514 to €20,764
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.
Cash bridge derived
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 | €158,622 | €214,647 | +€56,025 | +35.3% |
| Fixed assets | 21/28 | €1,683 | €1,078 | -€605 | -36.0% |
| Tangible fixed assets | 22/27 | €1,183 | €578 | -€605 | -51.2% |
| Plant, machinery and equipment | 23 | €760 | €526 | -€234 | -30.8% |
| Furniture and vehicles | 24 | €423 | €52 | -€371 | -87.7% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €156,939 | €213,569 | +€56,630 | +36.1% |
| Amounts receivable within one year | 40/41 | €97,779 | €206,826 | +€109,047 | +111.5% |
| Trade receivables | 40 | €54,713 | €88,267 | +€33,554 | +61.3% |
| Other amounts receivable | 41 | €43,066 | €118,559 | +€75,493 | +175.3% |
| Cash at bank and in hand | 54/58 | €56,998 | €5,216 | -€51,782 | -90.8% |
| Deferred charges and accrued income | 490/1 | €2,163 | €1,527 | -€636 | -29.4% |
| Total equity and liabilities | 10/49 | €158,622 | €214,647 | +€56,025 | +35.3% |
| Equity | 10/15 | €77,853 | €111,051 | +€33,197 | +42.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €74,853 | €108,051 | +€33,197 | +44.4% |
| Distributable reserves | 133 | €74,853 | €108,051 | +€33,197 | +44.4% |
| Amounts payable | 17/49 | €80,769 | €103,596 | +€22,827 | +28.3% |
| Amounts payable within one year | 42/48 | €80,769 | €103,596 | +€22,827 | +28.3% |
| Current portion of amounts payable after more than one year | 42 | - | €30,000 | +€30,000 | |
| Financial debts | 43 | €15,000 | €12,000 | -€3,000 | -20.0% |
| Credit institutions | 430/8 | €15,000 | €12,000 | -€3,000 | -20.0% |
| Trade debts | 44 | €26,702 | €52,944 | +€26,242 | +98.3% |
| Suppliers | 440/4 | €26,702 | €52,944 | +€26,242 | +98.3% |
| Taxes, remuneration and social security | 45 | €11,384 | €6,152 | -€5,232 | -46.0% |
| Taxes | 450/3 | €11,384 | €6,152 | -€5,232 | -46.0% |
| Other amounts payable | 47/48 | €27,683 | €2,500 | -€25,183 | -91.0% |
| Remuneration, social security and pensions | 62 | €21,514 | €20,764 | -€751 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €605 | €605 | = | 0.0% |
| Other operating charges | 640/8 | €965 | €1,667 | +€701 | +72.6% |
| Gross operating margin | 9900 | €60,801 | €71,327 | +€10,527 | +17.3% |
| Operating profit (loss) | 9901 | €37,716 | €48,291 | +€10,576 | +28.0% |
| Financial income | 75/76B | €6,330 | €1,530 | -€4,800 | -75.8% |
| Recurring financial income | 75 | €1,835 | €1,530 | -€305 | -16.6% |
| Non-recurring financial income | 76B | €4,496 | €0 | -€4,496 | -100.0% |
| Financial charges | 65/66B | €1,313 | €3,272 | +€1,959 | +149.2% |
| Recurring financial charges | 65 | €1,313 | €3,272 | +€1,959 | +149.2% |
| Profit (loss) for the period before taxes | 9903 | €42,733 | €46,550 | +€3,817 | +8.9% |
| Income taxes | 67/77 | €12,087 | €13,352 | +€1,265 | +10.5% |
| Profit (loss) for the period | 9904 | €30,646 | €33,197 | +€2,551 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,646 | €33,197 | +€2,551 | +8.3% |
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 9 October 2026 via checked.be.