C D C 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 D C CONSTRUCT
Largest movements
- Receivables within one year -€46,556
down €46,556 (-30.9%), from €150,671 to €104,114
of which Trade receivables: -€47,727
- Tangible fixed assets +€13,426
up €13,426 (+385%), from €3,488 to €16,914
of which Leasing and similar rights: +€15,205
- Deferred charges and accrued income +€10,895
up €10,895 (+500%), from €2,179 to €13,074
- Trade debts -€34,827
down €34,827 (-30.9%), from €112,797 to €77,970
- Tax, wage and social debts -€13,024
down €13,024 (-68.9%), from €18,894 to €5,870
of which Taxes: -€12,084
- Debts after one year +€10,276
new in 2025: €10,276
- Current portion of long-term debt +€6,537
new in 2025: €6,537
- Short-term financial debts +€4,882
up €4,882 (+73.2%), from €6,667 to €11,549
- Purchases and services -€18,450
down €18,450 (-10.5%), from €176,255 to €157,805
- Gross operating margin +€9,299
up €9,299 (+173%), from €5,387 to €14,686
- Turnover -€9,151
down €9,151 (-5.0%), from €181,642 to €172,491
- Depreciation +€3,372
up €3,372 (+140%), from €2,408 to €5,780
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 | €156,593 | €134,681 | -€21,912 | -14.0% |
| Fixed assets | 21/28 | €3,488 | €16,914 | +€13,426 | +385% |
| Tangible fixed assets | 22/27 | €3,488 | €16,914 | +€13,426 | +385% |
| Plant, machinery and equipment | 23 | €2,017 | €1,309 | -€707 | -35.1% |
| Furniture and vehicles | 24 | €1,471 | €400 | -€1,071 | -72.8% |
| Leasing and similar rights | 25 | - | €15,205 | +€15,205 | |
| Current assets | 29/58 | €153,105 | €117,767 | -€35,338 | -23.1% |
| Amounts receivable within one year | 40/41 | €150,671 | €104,114 | -€46,556 | -30.9% |
| Trade receivables | 40 | €150,271 | €102,544 | -€47,727 | -31.8% |
| Other amounts receivable | 41 | €400 | €1,570 | +€1,170 | +293% |
| Cash at bank and in hand | 54/58 | €255 | €578 | +€323 | +127% |
| Deferred charges and accrued income | 490/1 | €2,179 | €13,074 | +€10,895 | +500% |
| Total equity and liabilities | 10/49 | €156,593 | €134,681 | -€21,912 | -14.0% |
| Equity | 10/15 | €18,235 | €22,478 | +€4,243 | +23.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,225 | €2,018 | +€4,243 | |
| Amounts payable | 17/49 | €138,358 | €112,203 | -€26,155 | -18.9% |
| Amounts payable after more than one year | 17 | - | €10,276 | +€10,276 | |
| Financial debts | 170/4 | - | €10,276 | +€10,276 | |
| Amounts payable within one year | 42/48 | €138,358 | €101,926 | -€36,431 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | - | €6,537 | +€6,537 | |
| Financial debts | 43 | €6,667 | €11,549 | +€4,882 | +73.2% |
| Credit institutions | 430/8 | €6,667 | €11,549 | +€4,882 | +73.2% |
| Trade debts | 44 | €112,797 | €77,970 | -€34,827 | -30.9% |
| Suppliers | 440/4 | €112,797 | €77,970 | -€34,827 | -30.9% |
| Taxes, remuneration and social security | 45 | €18,894 | €5,870 | -€13,024 | -68.9% |
| Taxes | 450/3 | €13,190 | €1,106 | -€12,084 | -91.6% |
| Remuneration and social security | 454/9 | €5,704 | €4,764 | -€940 | -16.5% |
| Turnover | 70 | €181,642 | €172,491 | -€9,151 | -5.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €176,255 | €157,805 | -€18,450 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,408 | €5,780 | +€3,372 | +140% |
| Other operating charges | 640/8 | €2,639 | €880 | -€1,759 | -66.6% |
| Non-recurring operating charges | 66A | €2,167 | - | -€2,167 | |
| Gross operating margin | 9900 | €5,387 | €14,686 | +€9,299 | +173% |
| Operating profit (loss) | 9901 | -€1,826 | €8,026 | +€9,852 | |
| Financial income | 75/76B | €193 | €161 | -€32 | -16.7% |
| Recurring financial income | 75 | €193 | €161 | -€32 | -16.7% |
| Financial charges | 65/66B | €2,054 | €2,654 | +€600 | +29.2% |
| Recurring financial charges | 65 | €2,054 | €2,654 | +€600 | +29.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,686 | €5,533 | +€9,219 | |
| Income taxes | 67/77 | €320 | €1,290 | +€970 | +303% |
| Profit (loss) for the period | 9904 | -€4,007 | €4,243 | +€8,249 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,007 | €4,243 | +€8,249 |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.