CONCRETE MANAGEMENT: 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.
CONCRETE MANAGEMENT
Largest movements
- Current investments -€179,341
no longer reported in 2025 (was €179,341)
- Cash +€33,904
up €33,904 (+188%), from €18,036 to €51,939
mainly Current investments (+€179,341) and Net result for the year (+€68,955)
- Receivables within one year +€19,230
up €19,230 (+35.6%), from €54,039 to €73,269
of which Other amounts receivable: +€44,489
- Tangible fixed assets -€8,563
down €8,563 (-38.3%), from €22,365 to €13,802
- Deferred charges and accrued income +€5,564
up €5,564 (+150%), from €3,707 to €9,271
- Other debts -€211,783
no longer reported in 2025 (was €211,783)
- Reserves +€81,635
up €81,635 (+781%), from €10,455 to €92,090
- Profit (loss) carried forward -€12,680
no longer reported in 2025 (was €12,680)
- Trade debts +€8,259
up €8,259 (+229%), from €3,605 to €11,864
- Write-downs +€300,000
new in 2025: €300,000
- Gross operating margin +€185,015
up €185,015 (+84.6%), from €218,785 to €403,800
- Financial income -€71,865
down €71,865 (-99.2%), from €72,419 to €553
- Taxes -€33,355
down €33,355 (-56.9%), from €58,591 to €25,236
- Financial charges -€8,339
down €8,339 (-96.7%), from €8,625 to €286
of which Financial charges: -€7,339
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.
Derived cash bridge
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 | €281,831 | €148,282 | -€133,549 | -47.4% |
| Fixed assets | 21/28 | €26,708 | €13,802 | -€12,905 | -48.3% |
| Tangible fixed assets | 22/27 | €22,365 | €13,802 | -€8,563 | -38.3% |
| Plant, machinery and equipment | 23 | €9,571 | €5,473 | -€4,098 | -42.8% |
| Furniture and vehicles | 24 | €9,484 | €6,271 | -€3,213 | -33.9% |
| Other tangible fixed assets | 26 | €3,311 | €2,059 | -€1,252 | -37.8% |
| Financial fixed assets | 28 | €4,343 | - | -€4,343 | |
| Current assets | 29/58 | €255,123 | €134,479 | -€120,644 | -47.3% |
| Amounts receivable within one year | 40/41 | €54,039 | €73,269 | +€19,230 | +35.6% |
| Trade receivables | 40 | €46,228 | €20,969 | -€25,259 | -54.6% |
| Other amounts receivable | 41 | €7,811 | €52,300 | +€44,489 | +570% |
| Current investments | 50/53 | €179,341 | - | -€179,341 | |
| Cash at bank and in hand | 54/58 | €18,036 | €51,939 | +€33,904 | +188% |
| Deferred charges and accrued income | 490/1 | €3,707 | €9,271 | +€5,564 | +150% |
| Total equity and liabilities | 10/49 | €281,831 | €148,282 | -€133,549 | -47.4% |
| Equity | 10/15 | €41,735 | €110,690 | +€68,955 | +165% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,455 | €92,090 | +€81,635 | +781% |
| Distributable reserves | 133 | €10,455 | €92,090 | +€81,635 | +781% |
| Profit (loss) carried forward | 14 | €12,680 | - | -€12,680 | |
| Amounts payable | 17/49 | €240,096 | €37,592 | -€202,504 | -84.3% |
| Amounts payable within one year | 42/48 | €240,096 | €37,592 | -€202,504 | -84.3% |
| Trade debts | 44 | €3,605 | €11,864 | +€8,259 | +229% |
| Suppliers | 440/4 | €3,605 | €11,864 | +€8,259 | +229% |
| Taxes, remuneration and social security | 45 | €24,708 | €25,728 | +€1,020 | +4.1% |
| Taxes | 450/3 | €22,041 | €25,728 | +€3,687 | +16.7% |
| Remuneration and social security | 454/9 | €2,667 | - | -€2,667 | |
| Other amounts payable | 47/48 | €211,783 | - | -€211,783 | |
| Non-recurring operating income | 76A | €11,290 | - | -€11,290 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,900 | €8,563 | -€1,337 | -13.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €300,000 | +€300,000 | |
| Other operating charges | 640/8 | €1,408 | €1,314 | -€94 | -6.7% |
| Gross operating margin | 9900 | €218,785 | €403,800 | +€185,015 | +84.6% |
| Operating profit (loss) | 9901 | €207,477 | €93,924 | -€113,553 | -54.7% |
| Financial income | 75/76B | €72,419 | €553 | -€71,865 | -99.2% |
| Recurring financial income | 75 | €72,419 | €553 | -€71,865 | -99.2% |
| Financial charges | 65/66B | €8,625 | €286 | -€8,339 | -96.7% |
| Recurring financial charges | 65 | €7,625 | €286 | -€7,339 | -96.2% |
| Non-recurring financial charges | 66B | €1,000 | - | -€1,000 | |
| Profit (loss) for the period before taxes | 9903 | €271,271 | €94,191 | -€177,080 | -65.3% |
| Income taxes | 67/77 | €58,591 | €25,236 | -€33,355 | -56.9% |
| Profit (loss) for the period | 9904 | €212,680 | €68,955 | -€143,725 | -67.6% |
| Profit (loss) for the period to be appropriated | 9905 | €212,680 | €68,955 | -€143,725 | -67.6% |
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 25 October 2026 via checked.be.