C & W 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 & W CONSTRUCT
Largest movements
- Receivables within one year -€33,503
down €33,503 (-50.9%), from €65,849 to €32,346
of which Trade receivables: -€26,221
- Tangible fixed assets +€30,107
up €30,107 (+3064.7%), from €982 to €31,090
of which Leasing and similar rights: +€28,201
- Deferred charges and accrued income +€1,383
up €1,383 (+40.8%), from €3,393 to €4,776
- Cash +€1,048
up €1,048 (+82.6%), from €1,269 to €2,317
mainly Receivables within one year (+€33,503) and Debts after one year (+€22,593)
- Profit (loss) carried forward -€31,519
down €31,519, from €14,586 to -€16,933
- Debts after one year +€22,593
new in 2025: €22,593
- Other debts +€5,808
new in 2025: €5,808
- Current portion of long-term debt +€4,792
new in 2025: €4,792
- Trade debts -€1,708
down €1,708 (-31.9%), from €5,363 to €3,655
- Gross operating margin -€26,554
down €26,554, from €1,219 to -€25,336
- Depreciation +€1,871
up €1,871 (+289.6%), from €646 to €2,517
- Financial charges +€1,232
up €1,232 (+295.9%), from €417 to €1,649
- Staff costs +€565
no longer reported in 2025 (was -€565)
- Other operating charges -€465
down €465 (-20.2%), from €2,306 to €1,840
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 | €71,493 | €70,528 | -€965 | -1.3% |
| Fixed assets | 21/28 | €982 | €31,090 | +€30,107 | +3064.7% |
| Tangible fixed assets | 22/27 | €982 | €31,090 | +€30,107 | +3064.7% |
| Furniture and vehicles | 24 | €982 | €2,888 | +€1,906 | +194.0% |
| Leasing and similar rights | 25 | - | €28,201 | +€28,201 | |
| Current assets | 29/58 | €70,511 | €39,439 | -€31,072 | -44.1% |
| Amounts receivable within one year | 40/41 | €65,849 | €32,346 | -€33,503 | -50.9% |
| Trade receivables | 40 | €50,429 | €24,208 | -€26,221 | -52.0% |
| Other amounts receivable | 41 | €15,419 | €8,138 | -€7,282 | -47.2% |
| Cash at bank and in hand | 54/58 | €1,269 | €2,317 | +€1,048 | +82.6% |
| Deferred charges and accrued income | 490/1 | €3,393 | €4,776 | +€1,383 | +40.8% |
| Total equity and liabilities | 10/49 | €71,493 | €70,528 | -€965 | -1.3% |
| Equity | 10/15 | €65,022 | €33,503 | -€31,519 | -48.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €44,236 | €44,236 | = | 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% |
| Distributable reserves | 133 | €42,376 | €42,376 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,586 | -€16,933 | -€31,519 | |
| Amounts payable | 17/49 | €6,471 | €37,026 | +€30,554 | +472.2% |
| Amounts payable after more than one year | 17 | - | €22,593 | +€22,593 | |
| Financial debts | 170/4 | - | €22,593 | +€22,593 | |
| Amounts payable within one year | 42/48 | €6,471 | €14,432 | +€7,961 | +123.0% |
| Current portion of amounts payable after more than one year | 42 | - | €4,792 | +€4,792 | |
| Trade debts | 44 | €5,363 | €3,655 | -€1,708 | -31.9% |
| Suppliers | 440/4 | €5,363 | €3,655 | -€1,708 | -31.9% |
| Taxes, remuneration and social security | 45 | €1,108 | €177 | -€931 | -84.0% |
| Taxes | 450/3 | €1,108 | €177 | -€931 | -84.0% |
| Other amounts payable | 47/48 | - | €5,808 | +€5,808 | |
| Non-recurring operating income | 76A | - | €7,081 | +€7,081 | |
| Remuneration, social security and pensions | 62 | -€565 | - | +€565 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €646 | €2,517 | +€1,871 | +289.6% |
| Other operating charges | 640/8 | €2,306 | €1,840 | -€465 | -20.2% |
| Non-recurring operating charges | 66A | €80 | - | -€80 | |
| Gross operating margin | 9900 | €1,219 | -€25,336 | -€26,554 | |
| Operating profit (loss) | 9901 | -€1,248 | -€29,693 | -€28,445 | -2279.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -90.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -90.0% |
| Financial charges | 65/66B | €417 | €1,649 | +€1,232 | +295.9% |
| Recurring financial charges | 65 | €417 | €1,649 | +€1,232 | +295.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,664 | -€31,342 | -€29,678 | -1783.3% |
| Income taxes | 67/77 | €419 | €177 | -€242 | -57.8% |
| Profit (loss) for the period | 9904 | -€2,084 | -€31,519 | -€29,435 | -1412.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,084 | -€31,519 | -€29,435 | -1412.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.