B-CONSTRUCT: what changed
Two fiscal 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.
B-CONSTRUCT
Largest movements
- Receivables within one year +€46,649
up €46,649 (+46.4%), from €100,641 to €147,290
of which Other amounts receivable: +€50,687
- Cash +€26,844
up €26,844 (+30.5%), from €88,139 to €114,983
mainly Net result for the year (+€105,021) and Tax, wage and social debts (+€27,221)
- Tangible fixed assets -€15,101
down €15,101 (-37.9%), from €39,885 to €24,784
of which Plant, machinery and equipment: -€19,635
- Profit (loss) carried forward +€105,021
up €105,021 (+94.7%), from €110,929 to €215,950
- Other debts -€59,674
no longer reported in 2024 (was €59,674)
- Tax, wage and social debts +€27,221
up €27,221 (+88.8%), from €30,643 to €57,864
- Trade debts -€14,829
down €14,829 (-60.2%), from €24,639 to €9,810
- Gross operating margin -€7,450
down €7,450 (-4.3%), from €172,166 to €164,716
- Financial charges +€3,800
up €3,800 (+50.2%), from €7,569 to €11,369
- Taxes -€3,709
down €3,709 (-12.1%), from €30,643 to €26,934
- Staff costs -€3,222
no longer reported in 2024 (was €3,222)
- Depreciation +€2,224
up €2,224 (+12.3%), from €18,127 to €20,351
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 | €230,884 | €288,624 | +€57,740 | +25.0% |
| Fixed assets | 21/28 | €39,885 | €24,784 | -€15,101 | -37.9% |
| Tangible fixed assets | 22/27 | €39,885 | €24,784 | -€15,101 | -37.9% |
| Plant, machinery and equipment | 23 | €39,392 | €19,757 | -€19,635 | -49.8% |
| Furniture and vehicles | 24 | €493 | €5,027 | +€4,534 | +919.1% |
| Current assets | 29/58 | €190,999 | €263,840 | +€72,841 | +38.1% |
| Stocks and contracts in progress | 3 | €2,219 | €1,567 | -€652 | -29.4% |
| Stocks | 30/36 | €2,219 | €1,567 | -€652 | -29.4% |
| Amounts receivable within one year | 40/41 | €100,641 | €147,290 | +€46,649 | +46.4% |
| Trade receivables | 40 | €80,737 | €76,699 | -€4,038 | -5.0% |
| Other amounts receivable | 41 | €19,904 | €70,591 | +€50,687 | +254.7% |
| Cash at bank and in hand | 54/58 | €88,139 | €114,983 | +€26,844 | +30.5% |
| Total equity and liabilities | 10/49 | €230,884 | €288,624 | +€57,740 | +25.0% |
| Equity | 10/15 | €115,929 | €220,950 | +€105,021 | +90.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €110,929 | €215,950 | +€105,021 | +94.7% |
| Amounts payable | 17/49 | €114,956 | €67,674 | -€47,282 | -41.1% |
| Amounts payable within one year | 42/48 | €114,956 | €67,674 | -€47,282 | -41.1% |
| Trade debts | 44 | €24,639 | €9,810 | -€14,829 | -60.2% |
| Suppliers | 440/4 | €24,639 | €9,810 | -€14,829 | -60.2% |
| Taxes, remuneration and social security | 45 | €30,643 | €57,864 | +€27,221 | +88.8% |
| Taxes | 450/3 | €30,643 | €57,864 | +€27,221 | +88.8% |
| Other amounts payable | 47/48 | €59,674 | - | -€59,674 | |
| Remuneration, social security and pensions | 62 | €3,222 | - | -€3,222 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,127 | €20,351 | +€2,224 | +12.3% |
| Other operating charges | 640/8 | €1,733 | €1,286 | -€447 | -25.8% |
| Gross operating margin | 9900 | €172,166 | €164,716 | -€7,450 | -4.3% |
| Operating profit (loss) | 9901 | €149,083 | €143,079 | -€6,004 | -4.0% |
| Financial income | 75/76B | €57 | €245 | +€188 | +327.3% |
| Recurring financial income | 75 | €57 | €245 | +€188 | +327.3% |
| Financial charges | 65/66B | €7,569 | €11,369 | +€3,800 | +50.2% |
| Recurring financial charges | 65 | €7,569 | €11,369 | +€3,800 | +50.2% |
| Profit (loss) for the period before taxes | 9903 | €141,572 | €131,955 | -€9,617 | -6.8% |
| Income taxes | 67/77 | €30,643 | €26,934 | -€3,709 | -12.1% |
| Profit (loss) for the period | 9904 | €110,929 | €105,021 | -€5,908 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €110,929 | €105,021 | -€5,908 | -5.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.