AZ BELCONSTRUCT: 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.
AZ BELCONSTRUCT
Largest movements
- Receivables within one year +€11,673
up €11,673 (+192.6%), from €6,060 to €17,733
of which Trade receivables: +€6,057
- Cash -€1,861
down €1,861 (-98.4%), from €1,891 to €30
mainly Receivables within one year (-€11,673) and Tax, wage and social debts (-€431)
- Trade debts +€7,238
up €7,238 (+775.6%), from €933 to €8,171
- Profit (loss) carried forward +€3,005
up €3,005 (+598.1%), from €502 to €3,508
- Tax, wage and social debts -€431
down €431 (-9.5%), from €4,515 to €4,084
of which Remuneration and social security: -€1,940
- Gross operating margin +€1,832
up €1,832 (+88.1%), from €2,080 to €3,912
- Depreciation -€1,145
no longer reported in 2024 (was €1,145)
- Taxes +€469
up €469 (+152.7%), from €307 to €777
- Other operating charges -€91
down €91 (-82.1%), from €111 to €20
- Financial charges +€91
up €91 (+417.4%), from €22 to €113
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 | €7,951 | €17,763 | +€9,812 | +123.4% |
| Current assets | 29/58 | €7,951 | €17,763 | +€9,812 | +123.4% |
| Amounts receivable within one year | 40/41 | €6,060 | €17,733 | +€11,673 | +192.6% |
| Trade receivables | 40 | €3,975 | €10,032 | +€6,057 | +152.4% |
| Other amounts receivable | 41 | €2,085 | €7,701 | +€5,616 | +269.4% |
| Cash at bank and in hand | 54/58 | €1,891 | €30 | -€1,861 | -98.4% |
| Total equity and liabilities | 10/49 | €7,951 | €17,763 | +€9,812 | +123.4% |
| Equity | 10/15 | €2,502 | €5,508 | +€3,005 | +120.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €502 | €3,508 | +€3,005 | +598.1% |
| Amounts payable | 17/49 | €5,448 | €12,255 | +€6,807 | +124.9% |
| Amounts payable within one year | 42/48 | €5,448 | €12,255 | +€6,807 | +124.9% |
| Trade debts | 44 | €933 | €8,171 | +€7,238 | +775.6% |
| Suppliers | 440/4 | €933 | €8,171 | +€7,238 | +775.6% |
| Taxes, remuneration and social security | 45 | €4,515 | €4,084 | -€431 | -9.5% |
| Taxes | 450/3 | €2,575 | €4,084 | +€1,509 | +58.6% |
| Remuneration and social security | 454/9 | €1,940 | - | -€1,940 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,145 | - | -€1,145 | |
| Other operating charges | 640/8 | €111 | €20 | -€91 | -82.1% |
| Gross operating margin | 9900 | €2,080 | €3,912 | +€1,832 | +88.1% |
| Operating profit (loss) | 9901 | €824 | €3,892 | +€3,068 | +372.2% |
| Financial income | 75/76B | €7 | €2 | -€5 | -67.4% |
| Recurring financial income | 75 | €7 | €2 | -€5 | -67.4% |
| Financial charges | 65/66B | €22 | €113 | +€91 | +417.4% |
| Recurring financial charges | 65 | €22 | €113 | +€91 | +417.4% |
| Profit (loss) for the period before taxes | 9903 | €810 | €3,782 | +€2,972 | +367.0% |
| Income taxes | 67/77 | €307 | €777 | +€469 | +152.7% |
| Profit (loss) for the period | 9904 | €502 | €3,005 | +€2,503 | +498.1% |
| Profit (loss) for the period to be appropriated | 9905 | €502 | €3,005 | +€2,503 | +498.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.