BLOCK Constructions: 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.
BLOCK Constructions
Largest movements
- Receivables within one year +€17,274
up €17,274 (+37.0%), from €46,731 to €64,005
of which Other amounts receivable: +€9,768
- Tangible fixed assets -€8,556
down €8,556 (-52.0%), from €16,465 to €7,908
of which Leasing and similar rights: -€5,605
- Cash +€4,762
up €4,762 (+23.4%), from €20,311 to €25,073
mainly Net result for the year (+€14,851) and Depreciation (+€10,743)
- Stocks and contracts -€2,537
no longer reported in 2025 (was €2,537)
- Deferred charges and accrued income -€1,853
down €1,853 (-67.8%), from €2,733 to €880
- Reserves +€14,851
up €14,851 (+27.6%), from €53,760 to €68,611
- Debts after one year -€5,934
no longer reported in 2025 (was €5,934)
- Tax, wage and social debts -€3,051
down €3,051 (-95.7%), from €3,187 to €136
- Trade debts +€2,078
up €2,078 (+24.5%), from €8,466 to €10,543
- Current portion of long-term debt +€1,173
up €1,173 (+24.6%), from €4,761 to €5,934
- Gross operating margin +€13,648
up €13,648 (+74.3%), from €18,366 to €32,013
- Taxes +€3,162
up €3,162 (+230.7%), from €1,371 to €4,532
- Depreciation +€1,414
up €1,414 (+15.2%), from €9,330 to €10,743
- Financial charges -€986
down €986 (-43.2%), from €2,285 to €1,299
- Financial income +€468
up €468 (+202.6%), from €231 to €699
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 | €88,776 | €97,867 | +€9,090 | +10.2% |
| Fixed assets | 21/28 | €16,465 | €7,908 | -€8,556 | -52.0% |
| Tangible fixed assets | 22/27 | €16,465 | €7,908 | -€8,556 | -52.0% |
| Plant, machinery and equipment | 23 | €5,956 | €3,289 | -€2,668 | -44.8% |
| Furniture and vehicles | 24 | €3,537 | €3,253 | -€284 | -8.0% |
| Leasing and similar rights | 25 | €6,971 | €1,367 | -€5,605 | -80.4% |
| Current assets | 29/58 | €72,312 | €89,958 | +€17,647 | +24.4% |
| Stocks and contracts in progress | 3 | €2,537 | - | -€2,537 | |
| Stocks | 30/36 | €2,537 | - | -€2,537 | |
| Amounts receivable within one year | 40/41 | €46,731 | €64,005 | +€17,274 | +37.0% |
| Trade receivables | 40 | €31,659 | €39,164 | +€7,505 | +23.7% |
| Other amounts receivable | 41 | €15,073 | €24,841 | +€9,768 | +64.8% |
| Cash at bank and in hand | 54/58 | €20,311 | €25,073 | +€4,762 | +23.4% |
| Deferred charges and accrued income | 490/1 | €2,733 | €880 | -€1,853 | -67.8% |
| Total equity and liabilities | 10/49 | €88,776 | €97,867 | +€9,090 | +10.2% |
| Equity | 10/15 | €56,760 | €71,611 | +€14,851 | +26.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €53,760 | €68,611 | +€14,851 | +27.6% |
| Distributable reserves | 133 | €53,760 | €68,611 | +€14,851 | +27.6% |
| Amounts payable | 17/49 | €32,017 | €26,256 | -€5,761 | -18.0% |
| Amounts payable after more than one year | 17 | €5,934 | - | -€5,934 | |
| Financial debts | 170/4 | €5,934 | - | -€5,934 | |
| Amounts payable within one year | 42/48 | €26,083 | €25,801 | -€282 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €4,761 | €5,934 | +€1,173 | +24.6% |
| Financial debts | 43 | €9,190 | €9,188 | -€1 | 0.0% |
| Other loans | 439 | €9,190 | €9,188 | -€1 | 0.0% |
| Trade debts | 44 | €8,466 | €10,543 | +€2,078 | +24.5% |
| Suppliers | 440/4 | €8,466 | €10,543 | +€2,078 | +24.5% |
| Advances received on contracts in progress | 46 | €480 | - | -€480 | |
| Taxes, remuneration and social security | 45 | €3,187 | €136 | -€3,051 | -95.7% |
| Taxes | 450/3 | €3,187 | €136 | -€3,051 | -95.7% |
| Accrued charges and deferred income | 492/3 | - | €455 | +€455 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,330 | €10,743 | +€1,414 | +15.2% |
| Other operating charges | 640/8 | €1,565 | €1,287 | -€278 | -17.8% |
| Gross operating margin | 9900 | €18,366 | €32,013 | +€13,648 | +74.3% |
| Operating profit (loss) | 9901 | €7,471 | €19,983 | +€12,512 | +167.5% |
| Financial income | 75/76B | €231 | €699 | +€468 | +202.6% |
| Recurring financial income | 75 | €231 | €699 | +€468 | +202.6% |
| Financial charges | 65/66B | €2,285 | €1,299 | -€986 | -43.2% |
| Recurring financial charges | 65 | €2,285 | €1,299 | -€986 | -43.2% |
| Profit (loss) for the period before taxes | 9903 | €5,417 | €19,383 | +€13,966 | +257.8% |
| Income taxes | 67/77 | €1,371 | €4,532 | +€3,162 | +230.7% |
| Profit (loss) for the period | 9904 | €4,046 | €14,851 | +€10,805 | +267.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,046 | €14,851 | +€10,805 | +267.0% |
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 2 October 2026 via checked.be.