CO-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.
CO-CONSTRUCT
Largest movements
- Financial fixed assets -€2,928
no longer reported in 2025 (was €2,928)
- Trade debts -€9,924
down €9,924 (-78.2%), from €12,688 to €2,764
- Profit (loss) carried forward +€8,796
up €8,796 (+7.0%), from -€126,245 to -€117,449
- Other debts -€1,827
down €1,827 (-2.6%), from €71,341 to €69,514
- Taxes -€24,651
down €24,651, from €12,350 to -€12,300
- Other operating charges -€2,056
down €2,056 (-75.9%), from €2,709 to €654
- Gross operating margin -€886
down €886 (-114.7%), from -€773 to -€1,659
- Financial charges +€732
up €732 (+159.4%), from €459 to €1,192
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 | €4,505 | €1,550 | -€2,955 | -65.6% |
| Fixed assets | 21/28 | €4,473 | €1,545 | -€2,928 | -65.5% |
| Tangible fixed assets | 22/27 | €1,545 | €1,545 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,545 | €1,545 | = | 0.0% |
| Financial fixed assets | 28 | €2,928 | - | -€2,928 | |
| Current assets | 29/58 | €32 | €5 | -€27 | -84.4% |
| Cash at bank and in hand | 54/58 | €32 | €5 | -€27 | -84.4% |
| Total equity and liabilities | 10/49 | €4,505 | €1,550 | -€2,955 | -65.6% |
| Equity | 10/15 | -€79,524 | -€70,728 | +€8,796 | +11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,121 | €28,121 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,251 | €1,251 | = | 0.0% |
| Distributable reserves | 133 | €26,870 | €26,870 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€126,245 | -€117,449 | +€8,796 | +7.0% |
| Amounts payable | 17/49 | €84,029 | €72,278 | -€11,751 | -14.0% |
| Amounts payable within one year | 42/48 | €84,029 | €72,278 | -€11,751 | -14.0% |
| Trade debts | 44 | €12,688 | €2,764 | -€9,924 | -78.2% |
| Suppliers | 440/4 | €12,688 | €2,764 | -€9,924 | -78.2% |
| Taxes, remuneration and social security | 45 | €0 | - | -€0 | |
| Taxes | 450/3 | €0 | - | -€0 | |
| Other amounts payable | 47/48 | €71,341 | €69,514 | -€1,827 | -2.6% |
| Other operating charges | 640/8 | €2,709 | €654 | -€2,056 | -75.9% |
| Gross operating margin | 9900 | -€773 | -€1,659 | -€886 | -114.7% |
| Operating profit (loss) | 9901 | -€3,482 | -€2,313 | +€1,169 | +33.6% |
| Financial charges | 65/66B | €459 | €1,192 | +€732 | +159.4% |
| Recurring financial charges | 65 | €459 | €1,192 | +€732 | +159.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,941 | -€3,504 | +€437 | +11.1% |
| Income taxes | 67/77 | €12,350 | -€12,300 | -€24,651 | |
| Profit (loss) for the period | 9904 | -€16,292 | €8,796 | +€25,088 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,292 | €8,796 | +€25,088 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.