BELGIQDURÁN 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.
BELGIQDURÁN CONSTRUCT
Largest movements
- Receivables within one year +€73,343
up €73,343 (+83.7%), from €87,633 to €160,977
of which Other amounts receivable: +€49,164
- Tangible fixed assets +€21,437
new in 2025: €21,437
of which Furniture and vehicles: +€19,661
- Profit (loss) carried forward +€39,285
up €39,285 (+73.0%), from €53,844 to €93,128
- Debts after one year +€20,596
new in 2025: €20,596
- Trade debts +€20,148
up €20,148 (+103.5%), from €19,459 to €39,607
- Tax, wage and social debts +€9,992
up €9,992 (+73.2%), from €13,643 to €23,636
of which Taxes: +€8,727
- Current portion of long-term debt +€5,267
new in 2025: €5,267
- Purchases and services +€151,921
up €151,921 (+62.0%), from €244,898 to €396,819
- Staff costs +€24,108
new in 2025: €24,108
- Gross operating margin +€19,155
up €19,155 (+34.3%), from €55,802 to €74,957
- Depreciation +€4,162
new in 2025: €4,162
- Financial income +€2,573
up €2,573 (+102.3%), from €2,516 to €5,089
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,946 | €184,332 | +€95,386 | +107.2% |
| Fixed assets | 21/28 | €363 | €21,800 | +€21,437 | +5905.6% |
| Tangible fixed assets | 22/27 | - | €21,437 | +€21,437 | |
| Plant, machinery and equipment | 23 | - | €1,776 | +€1,776 | |
| Furniture and vehicles | 24 | - | €19,661 | +€19,661 | |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €88,583 | €162,532 | +€73,949 | +83.5% |
| Amounts receivable within one year | 40/41 | €87,633 | €160,977 | +€73,343 | +83.7% |
| Trade receivables | 40 | €17,007 | €41,187 | +€24,180 | +142.2% |
| Other amounts receivable | 41 | €70,626 | €119,790 | +€49,164 | +69.6% |
| Cash at bank and in hand | 54/58 | €950 | €784 | -€166 | -17.4% |
| Deferred charges and accrued income | 490/1 | - | €771 | +€771 | |
| Total equity and liabilities | 10/49 | €88,946 | €184,332 | +€95,386 | +107.2% |
| Equity | 10/15 | €55,844 | €95,128 | +€39,285 | +70.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,844 | €93,128 | +€39,285 | +73.0% |
| Amounts payable | 17/49 | €33,103 | €89,204 | +€56,101 | +169.5% |
| Amounts payable after more than one year | 17 | - | €20,596 | +€20,596 | |
| Financial debts | 170/4 | - | €20,596 | +€20,596 | |
| Amounts payable within one year | 42/48 | €33,103 | €68,608 | +€35,505 | +107.3% |
| Current portion of amounts payable after more than one year | 42 | - | €5,267 | +€5,267 | |
| Financial debts | 43 | - | €98 | +€98 | |
| Credit institutions | 430/8 | - | €98 | +€98 | |
| Trade debts | 44 | €19,459 | €39,607 | +€20,148 | +103.5% |
| Suppliers | 440/4 | €19,459 | €39,607 | +€20,148 | +103.5% |
| Taxes, remuneration and social security | 45 | €13,643 | €23,636 | +€9,992 | +73.2% |
| Taxes | 450/3 | €13,643 | €22,370 | +€8,727 | +64.0% |
| Remuneration and social security | 454/9 | - | €1,265 | +€1,265 | |
| Goods, raw materials, services and sundry goods | 60/61 | €244,898 | €396,819 | +€151,921 | +62.0% |
| Remuneration, social security and pensions | 62 | - | €24,108 | +€24,108 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,162 | +€4,162 | |
| Other operating charges | 640/8 | €468 | €1,135 | +€667 | +142.5% |
| Gross operating margin | 9900 | €55,802 | €74,957 | +€19,155 | +34.3% |
| Operating profit (loss) | 9901 | €55,334 | €45,552 | -€9,782 | -17.7% |
| Financial income | 75/76B | €2,516 | €5,089 | +€2,573 | +102.3% |
| Recurring financial income | 75 | €2,516 | €5,089 | +€2,573 | +102.3% |
| Financial charges | 65/66B | €221 | €635 | +€413 | +186.6% |
| Recurring financial charges | 65 | €221 | €635 | +€413 | +186.6% |
| Profit (loss) for the period before taxes | 9903 | €57,629 | €50,007 | -€7,622 | -13.2% |
| Income taxes | 67/77 | €11,648 | €10,722 | -€927 | -8.0% |
| Profit (loss) for the period | 9904 | €45,980 | €39,285 | -€6,696 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,980 | €39,285 | -€6,696 | -14.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.