BETON CONSTRUCT: 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.
BETON CONSTRUCT
Largest movements
- Cash -€26,715
down €26,715 (-98.2%), from €27,211 to €495
mainly Investment in fixed assets (net) (-€39,778) and Receivables within one year (-€12,940)
- Receivables within one year +€12,940
up €12,940 (+9.3%), from €138,991 to €151,931
of which Trade receivables: +€35,524
- Tangible fixed assets +€5,722
up €5,722 (+4.6%), from €123,082 to €128,804
of which Land and buildings: +€19,390
- Current portion of long-term debt +€12,907
up €12,907 (+46.2%), from €27,932 to €40,839
- Reserves -€10,770
down €10,770 (-3.7%), from €288,295 to €277,525
of which Distributable reserves: -€10,770
- Debts after one year -€7,349
down €7,349 (-4.0%), from €185,663 to €178,314
- Gross operating margin -€12,323
down €12,323 (-20.5%), from €60,034 to €47,711
- Depreciation -€8,915
down €8,915 (-20.7%), from €42,972 to €34,056
- Staff costs -€5,476
no longer reported in 2025 (was €5,476)
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 | €533,797 | €526,037 | -€7,760 | -1.5% |
| Fixed assets | 21/28 | €367,207 | €372,929 | +€5,722 | +1.6% |
| Tangible fixed assets | 22/27 | €123,082 | €128,804 | +€5,722 | +4.6% |
| Land and buildings | 22 | €84,577 | €103,967 | +€19,390 | +22.9% |
| Plant, machinery and equipment | 23 | €11,363 | €9,011 | -€2,353 | -20.7% |
| Furniture and vehicles | 24 | €27,142 | €15,826 | -€11,316 | -41.7% |
| Financial fixed assets | 28 | €244,125 | €244,125 | = | 0.0% |
| Current assets | 29/58 | €166,590 | €153,108 | -€13,482 | -8.1% |
| Amounts receivable within one year | 40/41 | €138,991 | €151,931 | +€12,940 | +9.3% |
| Trade receivables | 40 | €18,226 | €53,750 | +€35,524 | +194.9% |
| Other amounts receivable | 41 | €120,765 | €98,181 | -€22,584 | -18.7% |
| Cash at bank and in hand | 54/58 | €27,211 | €495 | -€26,715 | -98.2% |
| Deferred charges and accrued income | 490/1 | €388 | €682 | +€294 | +75.8% |
| Total equity and liabilities | 10/49 | €533,797 | €526,037 | -€7,760 | -1.5% |
| Equity | 10/15 | €306,895 | €296,185 | -€10,710 | -3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €288,295 | €277,525 | -€10,770 | -3.7% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €282,098 | €271,328 | -€10,770 | -3.8% |
| Profit (loss) carried forward | 14 | - | €60 | +€60 | |
| Amounts payable | 17/49 | €226,902 | €229,852 | +€2,949 | +1.3% |
| Amounts payable after more than one year | 17 | €185,663 | €178,314 | -€7,349 | -4.0% |
| Financial debts | 170/4 | €185,663 | €178,314 | -€7,349 | -4.0% |
| Amounts payable within one year | 42/48 | €41,151 | €51,328 | +€10,177 | +24.7% |
| Current portion of amounts payable after more than one year | 42 | €27,932 | €40,839 | +€12,907 | +46.2% |
| Trade debts | 44 | €9,319 | €5,941 | -€3,378 | -36.2% |
| Suppliers | 440/4 | €9,319 | €5,941 | -€3,378 | -36.2% |
| Taxes, remuneration and social security | 45 | €2,301 | €4,548 | +€2,247 | +97.7% |
| Taxes | 450/3 | €2,301 | €4,548 | +€2,247 | +97.7% |
| Other amounts payable | 47/48 | €1,600 | - | -€1,600 | |
| Accrued charges and deferred income | 492/3 | €88 | €210 | +€122 | +138.6% |
| Remuneration, social security and pensions | 62 | €5,476 | - | -€5,476 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,972 | €34,056 | -€8,915 | -20.7% |
| Other operating charges | 640/8 | €2,114 | €1,959 | -€154 | -7.3% |
| Gross operating margin | 9900 | €60,034 | €47,711 | -€12,323 | -20.5% |
| Operating profit (loss) | 9901 | €9,472 | €11,695 | +€2,222 | +23.5% |
| Financial income | 75/76B | €1,204 | €1,164 | -€40 | -3.3% |
| Recurring financial income | 75 | €1,204 | €1,164 | -€40 | -3.3% |
| Financial charges | 65/66B | €11,339 | €11,166 | -€172 | -1.5% |
| Recurring financial charges | 65 | €11,339 | €11,166 | -€172 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | -€662 | €1,692 | +€2,355 | |
| Income taxes | 67/77 | €1,251 | €1,632 | +€381 | +30.4% |
| Profit (loss) for the period | 9904 | -€1,914 | €60 | +€1,974 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,914 | €60 | +€1,974 |
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 11 October 2026 via checked.be.