C.d.B. CONSTRUCT: 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.
C.d.B. CONSTRUCT
Largest movements
- Cash +€18,081
up €18,081 (+21.5%), from €84,131 to €102,213
mainly Net result for the year (+€21,104) and Receivables within one year (+€18,057)
- Receivables within one year -€18,057
down €18,057 (-85.6%), from €21,086 to €3,029
of which Trade receivables: -€17,989
- Tangible fixed assets +€6,164
up €6,164 (+130.7%), from €4,717 to €10,881
of which Furniture and vehicles: +€7,430
- Deferred charges and accrued income +€1,447
up €1,447 (+378.0%), from €383 to €1,830
- Profit (loss) carried forward +€21,104
up €21,104 (+64.4%), from -€32,778 to -€11,674
- Trade debts -€7,624
down €7,624 (-87.0%), from €8,764 to €1,140
- Other debts -€3,916
down €3,916 (-3.5%), from €111,965 to €108,049
- Tax, wage and social debts -€1,928
down €1,928 (-81.5%), from €2,367 to €438
- Gross operating margin +€3,259
up €3,259 (+15.2%), from €21,447 to €24,705
- Write-downs +€2,396
up €2,396 (+61.8%), from -€3,876 to -€1,479
- Other operating charges +€1,401
up €1,401 (+167.8%), from €835 to €2,236
- Depreciation +€937
up €937 (+51.6%), from €1,817 to €2,754
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 | €110,317 | €117,953 | +€7,636 | +6.9% |
| Fixed assets | 21/28 | €4,717 | €10,881 | +€6,164 | +130.7% |
| Tangible fixed assets | 22/27 | €4,717 | €10,881 | +€6,164 | +130.7% |
| Plant, machinery and equipment | 23 | €3,666 | €2,399 | -€1,266 | -34.5% |
| Furniture and vehicles | 24 | €1,052 | €8,482 | +€7,430 | +706.5% |
| Current assets | 29/58 | €105,600 | €107,072 | +€1,472 | +1.4% |
| Amounts receivable within one year | 40/41 | €21,086 | €3,029 | -€18,057 | -85.6% |
| Trade receivables | 40 | €21,018 | €3,029 | -€17,989 | -85.6% |
| Other amounts receivable | 41 | €68 | €0 | -€68 | -100.0% |
| Cash at bank and in hand | 54/58 | €84,131 | €102,213 | +€18,081 | +21.5% |
| Deferred charges and accrued income | 490/1 | €383 | €1,830 | +€1,447 | +378.0% |
| Total equity and liabilities | 10/49 | €110,317 | €117,953 | +€7,636 | +6.9% |
| Equity | 10/15 | -€12,778 | €8,326 | +€21,104 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,778 | -€11,674 | +€21,104 | +64.4% |
| Amounts payable | 17/49 | €123,095 | €109,627 | -€13,468 | -10.9% |
| Amounts payable within one year | 42/48 | €123,095 | €109,627 | -€13,468 | -10.9% |
| Trade debts | 44 | €8,764 | €1,140 | -€7,624 | -87.0% |
| Suppliers | 440/4 | €8,764 | €1,140 | -€7,624 | -87.0% |
| Taxes, remuneration and social security | 45 | €2,367 | €438 | -€1,928 | -81.5% |
| Taxes | 450/3 | €2,367 | €438 | -€1,928 | -81.5% |
| Other amounts payable | 47/48 | €111,965 | €108,049 | -€3,916 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,817 | €2,754 | +€937 | +51.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,876 | -€1,479 | +€2,396 | +61.8% |
| Other operating charges | 640/8 | €835 | €2,236 | +€1,401 | +167.8% |
| Gross operating margin | 9900 | €21,447 | €24,705 | +€3,259 | +15.2% |
| Operating profit (loss) | 9901 | €22,670 | €21,195 | -€1,475 | -6.5% |
| Financial charges | 65/66B | €90 | €91 | +€1 | +0.8% |
| Recurring financial charges | 65 | €90 | €91 | +€1 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €22,580 | €21,104 | -€1,476 | -6.5% |
| Profit (loss) for the period | 9904 | €22,580 | €21,104 | -€1,476 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,580 | €21,104 | -€1,476 | -6.5% |
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 8 October 2026 via checked.be.