C.A.L. 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.
C.A.L. Construct
Largest movements
- Current assets +€62,554
up €62,554 (+12.6%), from €495,937 to €558,491
of which Receivables within one year: +€157,385
- Tangible fixed assets +€9,199
up €9,199 (+557.9%), from €1,649 to €10,848
- Debts within one year +€50,245
up €50,245 (+21.1%), from €238,473 to €288,717
- Profit (loss) carried forward +€26,321
up €26,321 (+18.7%), from €140,483 to €166,805
- Debts after one year -€6,642
down €6,642 (-6.6%), from €100,000 to €93,358
- Gross operating margin +€9,534
up €9,534 (+22.0%), from €43,382 to €52,916
- Taxes -€3,767
down €3,767 (-27.4%), from €13,749 to €9,982
- Depreciation +€1,398
up €1,398 (+52.4%), from €2,670 to €4,069
From the 2020 result to the 2021 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €499,416 | €569,339 | +€69,924 | +14.0% |
| Fixed assets | 21/28 | €3,479 | €10,848 | +€7,369 | +211.8% |
| Intangible fixed assets | 21 | €1,830 | - | -€1,830 | |
| Tangible fixed assets | 22/27 | €1,649 | €10,848 | +€9,199 | +557.9% |
| Current assets | 29/58 | €495,937 | €558,491 | +€62,554 | +12.6% |
| Stocks and contracts in progress | 3 | €147,918 | €66,168 | -€81,750 | -55.3% |
| Amounts receivable within one year | 40/41 | €314,023 | €471,408 | +€157,385 | +50.1% |
| Cash at bank and in hand | 54/58 | €33,369 | €15,858 | -€17,512 | -52.5% |
| Total equity and liabilities | 10/49 | €499,416 | €569,339 | +€69,924 | +14.0% |
| Equity | 10/15 | €160,943 | €187,265 | +€26,321 | +16.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €140,483 | €166,805 | +€26,321 | +18.7% |
| Amounts payable | 17/49 | €338,473 | €382,075 | +€43,602 | +12.9% |
| Amounts payable after more than one year | 17 | €100,000 | €93,358 | -€6,642 | -6.6% |
| Amounts payable within one year | 42/48 | €238,473 | €288,717 | +€50,245 | +21.1% |
| Trade debts | 44 | €186,292 | €219,787 | +€33,495 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,670 | €4,069 | +€1,398 | +52.4% |
| Gross operating margin | 9900 | €43,382 | €52,916 | +€9,534 | +22.0% |
| Operating profit (loss) | 9901 | €40,079 | €48,058 | +€7,979 | +19.9% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +238.0% |
| Recurring financial charges | 65 | €1,733 | €11,757 | +€10,024 | +578.4% |
| Profit (loss) for the period before taxes | 9903 | €38,347 | €36,303 | -€2,044 | -5.3% |
| Income taxes | 67/77 | €13,749 | €9,982 | -€3,767 | -27.4% |
| Profit (loss) for the period | 9904 | €24,598 | €26,321 | +€1,724 | +7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,598 | €26,321 | +€1,724 | +7.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2020 and 30 June 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.