CONCRETECH INTERNATIONAL: 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.
What changed
CONCRETECH INTERNATIONAL
NACE 46.630, Wholesale trade
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€67,389
2023 · €190,779-€123,390
Equity
€1.7m
2023 · €1.7m-€9,069
Cash
€41,943
2023 · €48,393-€6,450
Balance sheet total
€2.4m
2023 · €2.5m-€103,018
Largest movements
Assets
- Tangible fixed assets -€67,411
down €67,411 (-3.4%), from €2.0m to €1.9m
of which Land and buildings: -€72,870
- Stocks and contracts -€27,500
down €27,500 (-31.4%), from €87,500 to €60,000
Equity and liabilities
- Debts after one year -€100,916
down €100,916 (-25.9%), from €389,150 to €288,235
- Other debts +€71,522
up €71,522 (+50.4%), from €141,883 to €213,405
- Trade debts -€50,128
down €50,128 (-45.0%), from €111,394 to €61,266
- Current portion of long-term debt -€36,403
down €36,403 (-26.5%), from €137,318 to €100,916
Income statement
- Gross operating margin -€74,902
down €74,902 (-24.8%), from €301,645 to €226,743
- Taxes +€58,431
up €58,431, from -€18,192 to €40,239
- Depreciation -€23,813
down €23,813 (-20.3%), from €117,042 to €93,230
- Financial income -€17,161
no longer reported in 2024 (was €17,161)
- Financial charges +€4,914
up €4,914 (+26.4%), from €18,617 to €23,531
From the 2023 result to the 2024 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.
Result 2023
€190,779
Gross operating margin
-€74,902
Depreciation
+€23,813
Other operating charges
-€107
Other operating items
+€8,313
Financial income
-€17,161
Financial charges
-€4,914
Taxes
-€58,431
Result 2024
€67,389
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€233,145
Investment
-€25,819
Financing
-€213,776
Cash 2023
€48,393
From operations (derived)
+€233,145
Net result for the year
+€67,389
Depreciation
+€93,230
Stocks and contracts
+€27,500
Receivables within one year
+€1,657
Trade debts
-€50,128
Tax, wage and social debts
+€21,976
Other debts
+€71,522
Investment (derived)
-€25,819
Investment in fixed assets (net)
-€25,819
Financing
-€213,776
Debts after one year
-€100,916
Current portion of long-term debt
-€36,403
Contributions, distributions and other
-€76,458
Cash 2024
€41,943
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,493,282 | €2,390,264 | -€103,018 | -4.1% |
| Fixed assets | 21/28 | €2,005,464 | €1,938,053 | -€67,411 | -3.4% |
| Tangible fixed assets | 22/27 | €2,005,130 | €1,937,719 | -€67,411 | -3.4% |
| Land and buildings | 22 | €1,457,634 | €1,384,765 | -€72,870 | -5.0% |
| Plant, machinery and equipment | 23 | €8,934 | €10,274 | +€1,341 | +15.0% |
| Furniture and vehicles | 24 | €12,040 | €7,593 | -€4,447 | -36.9% |
| Assets under construction and advance payments | 27 | €526,523 | €535,087 | +€8,565 | +1.6% |
| Financial fixed assets | 28 | €334 | €334 | = | 0.0% |
| Current assets | 29/58 | €487,818 | €452,211 | -€35,607 | -7.3% |
| Stocks and contracts in progress | 3 | €87,500 | €60,000 | -€27,500 | -31.4% |
| Stocks | 30/36 | €87,500 | €60,000 | -€27,500 | -31.4% |
| Amounts receivable within one year | 40/41 | €308,815 | €307,157 | -€1,657 | -0.5% |
| Trade receivables | 40 | €43,466 | €33,557 | -€9,909 | -22.8% |
| Other amounts receivable | 41 | €265,349 | €273,600 | +€8,252 | +3.1% |
| Current investments | 50/53 | €43,110 | €43,110 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €48,393 | €41,943 | -€6,450 | -13.3% |
| Total equity and liabilities | 10/49 | €2,493,282 | €2,390,264 | -€103,018 | -4.1% |
| Equity | 10/15 | €1,680,376 | €1,671,307 | -€9,069 | -0.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,275,763 | €1,266,694 | -€9,069 | -0.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €241 | €241 | = | 0.0% |
| Distributable reserves | 133 | €1,269,322 | €1,260,253 | -€9,069 | -0.7% |
| Profit (loss) carried forward | 14 | €342,613 | €342,613 | = | 0.0% |
| Provisions and deferred taxes | 16 | €6,472 | €6,472 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €6,472 | €6,472 | = | 0.0% |
| Pensions and similar obligations | 160 | €5,949 | €5,949 | = | 0.0% |
| Environmental obligations | 163 | €523 | €523 | = | 0.0% |
| Amounts payable | 17/49 | €806,433 | €712,485 | -€93,949 | -11.6% |
| Amounts payable after more than one year | 17 | €389,150 | €288,235 | -€100,916 | -25.9% |
| Financial debts | 170/4 | €389,150 | €288,235 | -€100,916 | -25.9% |
| Amounts payable within one year | 42/48 | €417,283 | €424,250 | +€6,967 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €137,318 | €100,916 | -€36,403 | -26.5% |
| Trade debts | 44 | €111,394 | €61,266 | -€50,128 | -45.0% |
| Suppliers | 440/4 | €111,394 | €61,266 | -€50,128 | -45.0% |
| Taxes, remuneration and social security | 45 | €26,687 | €48,663 | +€21,976 | +82.3% |
| Taxes | 450/3 | €26,687 | €48,663 | +€21,976 | +82.3% |
| Other amounts payable | 47/48 | €141,883 | €213,405 | +€71,522 | +50.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117,042 | €93,230 | -€23,813 | -20.3% |
| Other operating charges | 640/8 | €2,248 | €2,355 | +€107 | +4.7% |
| Non-recurring operating charges | 66A | €8,313 | - | -€8,313 | |
| Gross operating margin | 9900 | €301,645 | €226,743 | -€74,902 | -24.8% |
| Operating profit (loss) | 9901 | €174,042 | €131,159 | -€42,883 | -24.6% |
| Financial income | 75/76B | €17,161 | - | -€17,161 | |
| Recurring financial income | 75 | €17,161 | - | -€17,161 | |
| Financial charges | 65/66B | €18,617 | €23,531 | +€4,914 | +26.4% |
| Recurring financial charges | 65 | €18,617 | €23,531 | +€4,914 | +26.4% |
| Profit (loss) for the period before taxes | 9903 | €172,586 | €107,628 | -€64,959 | -37.6% |
| Income taxes | 67/77 | -€18,192 | €40,239 | +€58,431 | |
| Profit (loss) for the period | 9904 | €190,779 | €67,389 | -€123,390 | -64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €190,779 | €67,389 | -€123,390 | -64.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.