Blocks & Concrete: 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.
Blocks & Concrete
Largest movements
- Stocks and contracts +€58,879
up €58,879 (+344%), from €17,118 to €75,997
of which Contracts in progress: +€58,000
- Receivables within one year -€16,848
down €16,848 (-90.2%), from €18,681 to €1,833
of which Trade receivables: -€16,500
- Cash -€16,680
down €16,680 (-59.3%), from €28,118 to €11,438
mainly Stocks and contracts (-€58,879) and Trade debts (-€702)
- Tangible fixed assets -€9,354
down €9,354 (-23.6%), from €39,721 to €30,366
- Deferred charges and accrued income -€3,827
down €3,827 (-72.6%), from €5,274 to €1,446
- Reserves +€12,445
up €12,445 (+16.1%), from €77,348 to €89,793
- Staff costs -€50,669
down €50,669, from €50,428 to -€241
- Depreciation +€5,396
up €5,396 (+136%), from €3,959 to €9,354
- Financial charges -€5,155
down €5,155 (-96.7%), from €5,329 to €173
- Financial income -€4,039
no longer reported in 2025 (was €4,039)
- Gross operating margin +€2,319
up €2,319 (+11.8%), from €19,616 to €21,935
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 | €113,411 | €125,580 | +€12,169 | +10.7% |
| Fixed assets | 21/28 | €44,221 | €34,866 | -€9,354 | -21.2% |
| Tangible fixed assets | 22/27 | €39,721 | €30,366 | -€9,354 | -23.6% |
| Furniture and vehicles | 24 | €39,721 | €30,366 | -€9,354 | -23.6% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €69,190 | €90,714 | +€21,523 | +31.1% |
| Stocks and contracts in progress | 3 | €17,118 | €75,997 | +€58,879 | +344% |
| Stocks | 30/36 | €2,368 | €3,247 | +€879 | +37.1% |
| Contracts in progress | 37 | €14,750 | €72,750 | +€58,000 | +393% |
| Amounts receivable within one year | 40/41 | €18,681 | €1,833 | -€16,848 | -90.2% |
| Trade receivables | 40 | €16,500 | - | -€16,500 | |
| Other amounts receivable | 41 | €2,181 | €1,833 | -€348 | -16.0% |
| Cash at bank and in hand | 54/58 | €28,118 | €11,438 | -€16,680 | -59.3% |
| Deferred charges and accrued income | 490/1 | €5,274 | €1,446 | -€3,827 | -72.6% |
| Total equity and liabilities | 10/49 | €113,411 | €125,580 | +€12,169 | +10.7% |
| Equity | 10/15 | €83,548 | €95,993 | +€12,445 | +14.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €77,348 | €89,793 | +€12,445 | +16.1% |
| Distributable reserves | 133 | €77,348 | €89,793 | +€12,445 | +16.1% |
| Amounts payable | 17/49 | €29,863 | €29,587 | -€276 | -0.9% |
| Amounts payable within one year | 42/48 | €29,863 | €29,587 | -€276 | -0.9% |
| Trade debts | 44 | €29,574 | €28,872 | -€702 | -2.4% |
| Suppliers | 440/4 | €29,574 | €28,872 | -€702 | -2.4% |
| Other amounts payable | 47/48 | €289 | €715 | +€427 | +148% |
| Remuneration, social security and pensions | 62 | €50,428 | -€241 | -€50,669 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,959 | €9,354 | +€5,396 | +136% |
| Other operating charges | 640/8 | €232 | €203 | -€29 | -12.5% |
| Non-recurring operating charges | 66A | €1,486 | - | -€1,486 | |
| Gross operating margin | 9900 | €19,616 | €21,935 | +€2,319 | +11.8% |
| Operating profit (loss) | 9901 | -€36,490 | €12,618 | +€49,108 | |
| Financial income | 75/76B | €4,039 | - | -€4,039 | |
| Recurring financial income | 75 | €4,039 | - | -€4,039 | |
| Financial charges | 65/66B | €5,329 | €173 | -€5,155 | -96.7% |
| Recurring financial charges | 65 | €5,329 | €173 | -€5,155 | -96.7% |
| Profit (loss) for the period before taxes | 9903 | -€37,780 | €12,445 | +€50,224 | |
| Income taxes | 67/77 | -€1 | - | +€1 | |
| Profit (loss) for the period | 9904 | -€37,779 | €12,445 | +€50,224 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,779 | €12,445 | +€50,224 |
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 18 October 2026 via checked.be.