CONCRESCO: what changed
What changed
CONCRESCO
NACE 43.990, Other specialised construction activities
filed annual accounts (NBB)
Net result for the year
€21,694
2024 · -€28,452+€50,146
Equity
€249,057
2024 · €227,363+€21,694
Cash
€48,682
2024 · €55,534-€6,851
Balance sheet total
€908,618
2024 · €1.0m-€109,241
Largest movements
Assets
- Receivables within one year -€50,904
down €50,904 (-16.8%), from €302,421 to €251,516
of which Other amounts receivable: -€50,997
- Tangible fixed assets -€42,996
down €42,996 (-7.7%), from €558,399 to €515,404
of which Land and buildings: -€37,161
Equity and liabilities
- Trade debts -€70,573
down €70,573 (-24.8%), from €284,971 to €214,398
- Debts after one year -€47,036
down €47,036 (-10.7%), from €441,417 to €394,382
- Reserves +€21,694
up €21,694 (+10.4%), from €208,763 to €230,457
of which Distributable reserves: +€21,694
- Tax, wage and social debts -€11,504
down €11,504 (-75.4%), from €15,250 to €3,746
Income statement
- Staff costs -€104,093
down €104,093 (-29.9%), from €348,023 to €243,931
- Gross operating margin -€68,696
down €68,696 (-17.2%), from €399,878 to €331,182
- Other operating charges -€15,714
down €15,714 (-60.3%), from €26,052 to €10,338
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€28,452
Gross operating margin
-€68,696
Staff costs
+€104,093
Depreciation
+€2,507
Other operating charges
+€15,714
Financial income
-€660
Financial charges
-€389
Taxes
-€2,423
Result 2025
€21,694
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€39,452
Investment
€0
Financing
-€46,303
Cash 2024
€55,534
From operations (derived)
+€39,452
Net result for the year
+€21,694
Depreciation
+€42,996
Stocks and contracts
+€4,375
Receivables within one year
+€50,904
Deferred charges and accrued income
+€4,114
Trade debts
-€70,573
Tax, wage and social debts
-€11,504
Accrued charges and deferred income
-€2,555
Financing
-€46,303
Debts after one year
-€47,036
Current portion of long-term debt
+€732
Cash 2025
€48,682
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,017,859 | €908,618 | -€109,241 | -10.7% |
| Fixed assets | 21/28 | €558,399 | €515,404 | -€42,996 | -7.7% |
| Tangible fixed assets | 22/27 | €558,399 | €515,404 | -€42,996 | -7.7% |
| Land and buildings | 22 | €536,508 | €499,347 | -€37,161 | -6.9% |
| Plant, machinery and equipment | 23 | €16,982 | €11,835 | -€5,148 | -30.3% |
| Furniture and vehicles | 24 | €4,909 | €4,222 | -€687 | -14.0% |
| Current assets | 29/58 | €459,460 | €393,215 | -€66,245 | -14.4% |
| Stocks and contracts in progress | 3 | €96,275 | €91,900 | -€4,375 | -4.5% |
| Stocks | 30/36 | €54,800 | €51,400 | -€3,400 | -6.2% |
| Contracts in progress | 37 | €41,475 | €40,500 | -€975 | -2.4% |
| Amounts receivable within one year | 40/41 | €302,421 | €251,516 | -€50,904 | -16.8% |
| Trade receivables | 40 | €236,593 | €236,686 | +€93 | 0.0% |
| Other amounts receivable | 41 | €65,827 | €14,831 | -€50,997 | -77.5% |
| Cash at bank and in hand | 54/58 | €55,534 | €48,682 | -€6,851 | -12.3% |
| Deferred charges and accrued income | 490/1 | €5,230 | €1,116 | -€4,114 | -78.7% |
| Total equity and liabilities | 10/49 | €1,017,859 | €908,618 | -€109,241 | -10.7% |
| Equity | 10/15 | €227,363 | €249,057 | +€21,694 | +9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €208,763 | €230,457 | +€21,694 | +10.4% |
| 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 | €206,903 | €228,597 | +€21,694 | +10.5% |
| Amounts payable | 17/49 | €790,496 | €659,561 | -€130,935 | -16.6% |
| Amounts payable after more than one year | 17 | €441,417 | €394,382 | -€47,036 | -10.7% |
| Financial debts | 170/4 | €441,417 | €394,382 | -€47,036 | -10.7% |
| Amounts payable within one year | 42/48 | €346,524 | €265,179 | -€81,345 | -23.5% |
| Current portion of amounts payable after more than one year | 42 | €46,303 | €47,036 | +€732 | +1.6% |
| Trade debts | 44 | €284,971 | €214,398 | -€70,573 | -24.8% |
| Suppliers | 440/4 | €284,971 | €214,398 | -€70,573 | -24.8% |
| Taxes, remuneration and social security | 45 | €15,250 | €3,746 | -€11,504 | -75.4% |
| Remuneration and social security | 454/9 | €15,250 | €3,746 | -€11,504 | -75.4% |
| Accrued charges and deferred income | 492/3 | €2,555 | - | -€2,555 | |
| Non-recurring operating income | 76A | - | €413 | +€413 | |
| Remuneration, social security and pensions | 62 | €348,023 | €243,931 | -€104,093 | -29.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,503 | €42,996 | -€2,507 | -5.5% |
| Other operating charges | 640/8 | €26,052 | €10,338 | -€15,714 | -60.3% |
| Gross operating margin | 9900 | €399,878 | €331,182 | -€68,696 | -17.2% |
| Operating profit (loss) | 9901 | -€19,700 | €33,918 | +€53,618 | |
| Financial income | 75/76B | €1,115 | €455 | -€660 | -59.2% |
| Recurring financial income | 75 | €1,115 | €455 | -€660 | -59.2% |
| Financial charges | 65/66B | €9,798 | €10,188 | +€389 | +4.0% |
| Recurring financial charges | 65 | €9,798 | €10,188 | +€389 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | -€28,384 | €24,185 | +€52,569 | |
| Income taxes | 67/77 | €68 | €2,491 | +€2,423 | +3,564% |
| Profit (loss) for the period | 9904 | -€28,452 | €21,694 | +€50,146 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,452 | €21,694 | +€50,146 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.