Case 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.
Case Construct
Largest movements
- Cash +€11,382
up €11,382 (+21.0%), from €54,325 to €65,707
mainly Net result for the year (+€14,588) and Receivables within one year (+€2,696)
- Receivables within one year -€2,696
down €2,696 (-33.3%), from €8,107 to €5,411
of which Trade receivables: -€7,607
- Tangible fixed assets -€1,336
down €1,336 (-25.8%), from €5,180 to €3,844
of which Furniture and vehicles: -€1,163
- Reserves +€14,588
up €14,588 (+27.7%), from €52,703 to €67,291
- Tax, wage and social debts -€7,718
down €7,718 (-58.3%), from €13,235 to €5,517
- Gross operating margin -€21,008
down €21,008 (-48.9%), from €42,968 to €21,960
- Taxes -€3,861
down €3,861 (-45.7%), from €8,450 to €4,589
- Financial charges -€563
down €563 (-46.7%), from €1,205 to €642
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 | €69,316 | €76,646 | +€7,330 | +10.6% |
| Fixed assets | 21/28 | €5,180 | €3,844 | -€1,336 | -25.8% |
| Tangible fixed assets | 22/27 | €5,180 | €3,844 | -€1,336 | -25.8% |
| Plant, machinery and equipment | 23 | €1,384 | €1,211 | -€173 | -12.5% |
| Furniture and vehicles | 24 | €3,796 | €2,633 | -€1,163 | -30.6% |
| Current assets | 29/58 | €64,136 | €72,802 | +€8,666 | +13.5% |
| Amounts receivable within one year | 40/41 | €8,107 | €5,411 | -€2,696 | -33.3% |
| Trade receivables | 40 | €7,607 | - | -€7,607 | |
| Other amounts receivable | 41 | €500 | €5,411 | +€4,911 | +982.2% |
| Cash at bank and in hand | 54/58 | €54,325 | €65,707 | +€11,382 | +21.0% |
| Deferred charges and accrued income | 490/1 | €1,704 | €1,684 | -€20 | -1.1% |
| Total equity and liabilities | 10/49 | €69,316 | €76,646 | +€7,330 | +10.6% |
| Equity | 10/15 | €55,703 | €70,291 | +€14,588 | +26.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €52,703 | €67,291 | +€14,588 | +27.7% |
| Distributable reserves | 133 | €52,703 | €67,291 | +€14,588 | +27.7% |
| Amounts payable | 17/49 | €13,614 | €6,355 | -€7,258 | -53.3% |
| Amounts payable within one year | 42/48 | €13,614 | €6,355 | -€7,258 | -53.3% |
| Trade debts | 44 | - | €667 | +€667 | |
| Suppliers | 440/4 | - | €667 | +€667 | |
| Taxes, remuneration and social security | 45 | €13,235 | €5,517 | -€7,718 | -58.3% |
| Taxes | 450/3 | €13,235 | €5,517 | -€7,718 | -58.3% |
| Other amounts payable | 47/48 | €379 | €172 | -€207 | -54.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,336 | €1,336 | = | 0.0% |
| Other operating charges | 640/8 | €739 | €810 | +€71 | +9.6% |
| Gross operating margin | 9900 | €42,968 | €21,960 | -€21,008 | -48.9% |
| Operating profit (loss) | 9901 | €40,892 | €19,813 | -€21,079 | -51.5% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €1,205 | €642 | -€563 | -46.7% |
| Recurring financial charges | 65 | €1,205 | €642 | -€563 | -46.7% |
| Profit (loss) for the period before taxes | 9903 | €39,687 | €19,177 | -€20,510 | -51.7% |
| Income taxes | 67/77 | €8,450 | €4,589 | -€3,861 | -45.7% |
| Profit (loss) for the period | 9904 | €31,237 | €14,588 | -€16,648 | -53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,237 | €14,588 | -€16,648 | -53.3% |
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 30 September 2026 via checked.be.