CAETANO 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.
CAETANO CONSTRUCT
Largest movements
- Receivables within one year -€101,232
down €101,232 (-48.6%), from €208,492 to €107,260
of which Trade receivables: -€125,496
- Cash -€22,541
down €22,541 (-93.1%), from €24,220 to €1,678
mainly Trade debts (-€135,536) and Investment in fixed assets (net) (-€9,450)
- Tangible fixed assets +€9,450
up €9,450 (+82.6%), from €11,442 to €20,892
of which Leasing and similar rights: +€9,875
- Trade debts -€135,536
down €135,536 (-77.7%), from €174,424 to €38,887
- Debts after one year +€8,569
up €8,569 (+106.2%), from €8,066 to €16,635
- Profit (loss) carried forward +€5,107
up €5,107 (+9.1%), from €56,240 to €61,347
- Tax, wage and social debts +€3,748
new in 2022: €3,748
of which Remuneration and social security: +€3,748
- Turnover -€413,825
no longer reported in 2022 (was €413,825)
- Purchases and services -€373,291
no longer reported in 2022 (was €373,291)
- Gross operating margin -€28,687
down €28,687 (-70.4%), from €40,754 to €12,068
- Depreciation -€5,494
no longer reported in 2022 (was €5,494)
- Taxes +€4,480
new in 2022: €4,480
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €244,961 | €130,390 | -€114,571 | -46.8% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €11,442 | €20,892 | +€9,450 | +82.6% |
| Tangible fixed assets | 22/27 | €11,442 | €20,892 | +€9,450 | +82.6% |
| Plant, machinery and equipment | 23 | €976 | €551 | -€425 | -43.6% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €10,466 | €20,341 | +€9,875 | +94.3% |
| Current assets | 29/58 | €233,518 | €109,498 | -€124,020 | -53.1% |
| Amounts receivable within one year | 40/41 | €208,492 | €107,260 | -€101,232 | -48.6% |
| Trade receivables | 40 | €203,567 | €78,071 | -€125,496 | -61.6% |
| Other amounts receivable | 41 | €4,926 | €29,189 | +€24,263 | +492.6% |
| Cash at bank and in hand | 54/58 | €24,220 | €1,678 | -€22,541 | -93.1% |
| Deferred charges and accrued income | 490/1 | €806 | €560 | -€246 | -30.6% |
| Total equity and liabilities | 10/49 | €244,961 | €130,390 | -€114,571 | -46.8% |
| Equity | 10/15 | €60,505 | €65,612 | +€5,107 | +8.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Issued capital | 100 | €0 | - | = | |
| Outside capital | 11 | €2,500 | - | -€2,500 | |
| Share premium | 1100/10 | €2,500 | - | -€2,500 | |
| Reserves | 13 | €1,765 | €1,765 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,765 | €1,765 | = | 0.0% |
| Legal reserve | 130 | €0 | - | = | |
| Reserves not available under the articles | 1311 | - | €1,765 | +€1,765 | |
| Other | 1319 | €1,765 | - | -€1,765 | |
| Profit (loss) carried forward | 14 | €56,240 | €61,347 | +€5,107 | +9.1% |
| Amounts payable | 17/49 | €184,455 | €64,778 | -€119,678 | -64.9% |
| Amounts payable after more than one year | 17 | €8,066 | €16,635 | +€8,569 | +106.2% |
| Financial debts | 170/4 | €8,066 | €16,635 | +€8,569 | +106.2% |
| Amounts payable within one year | 42/48 | €176,318 | €46,909 | -€129,409 | -73.4% |
| Current portion of amounts payable after more than one year | 42 | €1,895 | €4,274 | +€2,379 | +125.6% |
| Trade debts | 44 | €174,424 | €38,887 | -€135,536 | -77.7% |
| Suppliers | 440/4 | €174,424 | €38,887 | -€135,536 | -77.7% |
| Taxes, remuneration and social security | 45 | - | €3,748 | +€3,748 | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | €3,748 | +€3,748 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €71 | €1,233 | +€1,162 | +1639.9% |
| Turnover | 70 | €413,825 | - | -€413,825 | |
| Non-recurring operating income | 76A | €221 | - | -€221 | |
| Goods, raw materials, services and sundry goods | 60/61 | €373,291 | - | -€373,291 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,494 | - | -€5,494 | |
| Other operating charges | 640/8 | €3,737 | - | -€3,737 | |
| Non-recurring operating charges | 66A | €259 | - | -€259 | |
| Gross operating margin | 9900 | €40,754 | €12,068 | -€28,687 | -70.4% |
| Operating profit (loss) | 9901 | €31,264 | €12,068 | -€19,196 | -61.4% |
| Financial income | 75/76B | €101 | €822 | +€721 | +711.2% |
| Recurring financial income | 75 | €101 | €822 | +€721 | +711.2% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €1,936 | €3,303 | +€1,367 | +70.6% |
| Recurring financial charges | 65 | €1,936 | €3,303 | +€1,367 | +70.6% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €29,430 | €9,587 | -€19,842 | -67.4% |
| Income taxes | 67/77 | - | €4,480 | +€4,480 | |
| Profit (loss) for the period | 9904 | €29,430 | €5,107 | -€24,323 | -82.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,430 | €5,107 | -€24,323 | -82.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.