BELGIUM CONSTRUC SOLUTIONS: 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.
BELGIUM CONSTRUC SOLUTIONS
Largest movements
- Receivables within one year +€62,045
up €62,045 (+176%), from €35,262 to €97,307
of which Trade receivables: +€57,633
- Tangible fixed assets +€6,243
up €6,243 (+82.7%), from €7,546 to €13,788
of which Furniture and vehicles: +€5,200
- Stocks and contracts +€2,004
up €2,004 (+193%), from €1,040 to €3,045
- Other debts +€35,242
up €35,242 (+644%), from €5,470 to €40,712
- Trade debts +€17,251
up €17,251 (+613%), from €2,812 to €20,063
- Profit (loss) carried forward +€13,503
up €13,503, from -€13,330 to €172
- Tax, wage and social debts +€3,667
up €3,667 (+192%), from €1,914 to €5,581
of which Taxes: +€1,917
- Gross operating margin +€41,040
up €41,040 (+265%), from €15,471 to €56,511
- Taxes +€1,917
new in 2025: €1,917
- Depreciation -€908
down €908 (-15.6%), from €5,811 to €4,902
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.
Derived cash bridge
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 | €69,266 | €138,929 | +€69,663 | +101% |
| Fixed assets | 21/28 | €7,546 | €13,788 | +€6,243 | +82.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €7,546 | €13,788 | +€6,243 | +82.7% |
| Plant, machinery and equipment | 23 | €2,183 | €3,225 | +€1,042 | +47.7% |
| Furniture and vehicles | 24 | €5,363 | €10,563 | +€5,200 | +97.0% |
| Current assets | 29/58 | €61,720 | €125,140 | +€63,420 | +103% |
| Amounts receivable after more than one year | 29 | €4,940 | €4,940 | = | 0.0% |
| Other amounts receivable | 291 | €4,940 | €4,940 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,040 | €3,045 | +€2,004 | +193% |
| Stocks | 30/36 | €1,040 | €3,045 | +€2,004 | +193% |
| Amounts receivable within one year | 40/41 | €35,262 | €97,307 | +€62,045 | +176% |
| Trade receivables | 40 | €33,022 | €90,655 | +€57,633 | +175% |
| Other amounts receivable | 41 | €2,239 | €6,651 | +€4,412 | +197% |
| Cash at bank and in hand | 54/58 | €20,478 | €19,849 | -€629 | -3.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €69,266 | €138,929 | +€69,663 | +101% |
| Equity | 10/15 | €59,070 | €72,573 | +€13,503 | +22.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €53,800 | €53,800 | = | 0.0% |
| Distributable reserves | 133 | €53,800 | €53,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,330 | €172 | +€13,503 | |
| Amounts payable | 17/49 | €10,196 | €66,356 | +€56,160 | +551% |
| Amounts payable within one year | 42/48 | €10,196 | €66,356 | +€56,160 | +551% |
| Trade debts | 44 | €2,812 | €20,063 | +€17,251 | +613% |
| Suppliers | 440/4 | €2,812 | €20,063 | +€17,251 | +613% |
| Taxes, remuneration and social security | 45 | €1,914 | €5,581 | +€3,667 | +192% |
| Taxes | 450/3 | €614 | €2,531 | +€1,917 | +312% |
| Remuneration and social security | 454/9 | €1,300 | €3,050 | +€1,750 | +135% |
| Other amounts payable | 47/48 | €5,470 | €40,712 | +€35,242 | +644% |
| Remuneration, social security and pensions | 62 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,811 | €4,902 | -€908 | -15.6% |
| Other operating charges | 640/8 | €655 | €676 | +€21 | +3.1% |
| Gross operating margin | 9900 | €15,471 | €56,511 | +€41,040 | +265% |
| Operating profit (loss) | 9901 | €9,005 | €50,933 | +€41,928 | +466% |
| Financial income | 75/76B | €0 | €0 | = | |
| Recurring financial income | 75 | €0 | €0 | = | |
| Financial charges | 65/66B | €555 | €147 | -€408 | -73.5% |
| Recurring financial charges | 65 | €555 | €147 | -€408 | -73.5% |
| Profit (loss) for the period before taxes | 9903 | €8,450 | €50,786 | +€42,336 | +501% |
| Income taxes | 67/77 | - | €1,917 | +€1,917 | |
| Profit (loss) for the period | 9904 | €8,450 | €48,869 | +€40,419 | +478% |
| Profit (loss) for the period to be appropriated | 9905 | €8,450 | €48,869 | +€40,419 | +478% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.