CONFISTRUCT: 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.
CONFISTRUCT
Largest movements
- Receivables within one year +€1.7m
up €1.7m (+170.4%), from €1.0m to €2.7m
of which Trade receivables: +€1.6m
- Stocks and contracts -€866,295
down €866,295 (-81.1%), from €1.1m to €201,796
of which Contracts in progress: -€890,624
- Cash -€51,197
down €51,197 (-10.8%), from €474,815 to €423,618
mainly Receivables within one year (-€1.7m) and Other debts (-€162,829)
- Trade debts +€679,342
up €679,342 (+50.5%), from €1.3m to €2.0m
- Reserves +€287,026
up €287,026 (+23.3%), from €1.2m to €1.5m
- Other debts -€162,829
down €162,829 (-99.1%), from €164,355 to €1,525
- Accrued charges and deferred income -€156,101
down €156,101 (-98.9%), from €157,804 to €1,702
- Short-term financial debts +€149,582
up €149,582 (+28765.7%), from €520 to €150,102
of which Credit institutions: +€150,000
- Gross operating margin -€189,074
down €189,074 (-12.4%), from €1.5m to €1.3m
- Staff costs +€167,742
up €167,742 (+25.2%), from €665,417 to €833,159
- Taxes -€95,894
down €95,894 (-46.1%), from €207,853 to €111,958
- Financial income +€17,698
up €17,698 (+283.1%), from €6,252 to €23,949
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 | €3,096,921 | €3,902,918 | +€805,997 | +26.0% |
| Fixed assets | 21/28 | €213,064 | €215,840 | +€2,776 | +1.3% |
| Tangible fixed assets | 22/27 | €203,391 | €204,408 | +€1,017 | +0.5% |
| Plant, machinery and equipment | 23 | €74,279 | €80,008 | +€5,729 | +7.7% |
| Furniture and vehicles | 24 | €129,112 | €119,087 | -€10,026 | -7.8% |
| Other tangible fixed assets | 26 | - | €5,314 | +€5,314 | |
| Financial fixed assets | 28 | €9,673 | €11,432 | +€1,759 | +18.2% |
| Current assets | 29/58 | €2,883,857 | €3,687,078 | +€803,221 | +27.9% |
| Amounts receivable after more than one year | 29 | €300,000 | €300,000 | = | 0.0% |
| Other amounts receivable | 291 | €300,000 | €300,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,068,091 | €201,796 | -€866,295 | -81.1% |
| Stocks | 30/36 | €9,498 | €33,827 | +€24,329 | +256.2% |
| Contracts in progress | 37 | €1,058,593 | €167,969 | -€890,624 | -84.1% |
| Amounts receivable within one year | 40/41 | €1,014,486 | €2,743,512 | +€1.7m | +170.4% |
| Trade receivables | 40 | €827,886 | €2,422,939 | +€1.6m | +192.7% |
| Other amounts receivable | 41 | €186,600 | €320,572 | +€133,972 | +71.8% |
| Cash at bank and in hand | 54/58 | €474,815 | €423,618 | -€51,197 | -10.8% |
| Deferred charges and accrued income | 490/1 | €26,464 | €18,152 | -€8,312 | -31.4% |
| Total equity and liabilities | 10/49 | €3,096,921 | €3,902,918 | +€805,997 | +26.0% |
| Equity | 10/15 | €1,293,565 | €1,580,591 | +€287,026 | +22.2% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €1,233,565 | €1,520,591 | +€287,026 | +23.3% |
| Distributable reserves | 133 | €1,233,565 | €1,520,591 | +€287,026 | +23.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,803,357 | €2,322,328 | +€518,971 | +28.8% |
| Amounts payable within one year | 42/48 | €1,645,553 | €2,320,625 | +€675,072 | +41.0% |
| Financial debts | 43 | €520 | €150,102 | +€149,582 | +28765.7% |
| Credit institutions | 430/8 | - | €150,000 | +€150,000 | |
| Other loans | 439 | €520 | €102 | -€418 | -80.4% |
| Trade debts | 44 | €1,345,645 | €2,024,987 | +€679,342 | +50.5% |
| Suppliers | 440/4 | €1,345,645 | €2,024,987 | +€679,342 | +50.5% |
| Taxes, remuneration and social security | 45 | €135,033 | €144,012 | +€8,978 | +6.6% |
| Taxes | 450/3 | €84,792 | €40,553 | -€44,239 | -52.2% |
| Remuneration and social security | 454/9 | €50,241 | €103,458 | +€53,217 | +105.9% |
| Other amounts payable | 47/48 | €164,355 | €1,525 | -€162,829 | -99.1% |
| Accrued charges and deferred income | 492/3 | €157,804 | €1,702 | -€156,101 | -98.9% |
| Non-recurring operating income | 76A | €15,668 | €3,786 | -€11,882 | -75.8% |
| Remuneration, social security and pensions | 62 | €665,417 | €833,159 | +€167,742 | +25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,696 | €79,806 | +€14,110 | +21.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,637 | €0 | +€6,637 | |
| Other operating charges | 640/8 | €6,758 | €18,804 | +€12,047 | +178.3% |
| Non-recurring operating charges | 66A | - | €3,704 | +€3,704 | |
| Gross operating margin | 9900 | €1,526,951 | €1,337,876 | -€189,074 | -12.4% |
| Operating profit (loss) | 9901 | €795,717 | €402,402 | -€393,315 | -49.4% |
| Financial income | 75/76B | €6,252 | €23,949 | +€17,698 | +283.1% |
| Recurring financial income | 75 | €6,252 | €23,949 | +€17,698 | +283.1% |
| Financial charges | 65/66B | €34,026 | €27,367 | -€6,659 | -19.6% |
| Recurring financial charges | 65 | €34,026 | €27,367 | -€6,659 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €767,943 | €398,984 | -€368,959 | -48.0% |
| Income taxes | 67/77 | €207,853 | €111,958 | -€95,894 | -46.1% |
| Profit (loss) for the period | 9904 | €560,090 | €287,026 | -€273,065 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €560,090 | €287,026 | -€273,065 | -48.8% |
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 6 October 2026 via checked.be.