Constantia HoldCo: 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
Constantia HoldCo
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€113,653
2024 · €30,487-€144,140
Equity
€124.7m
2024 · €124.8m-€113,653
Cash
€2,105
2024 · €5,149-€3,044
Balance sheet total
€161.5m
2024 · €159.7m+€1.8m
Largest movements
Assets
- Receivables within one year +€1.8m
up €1.8m (+110%), from €1.6m to €3.4m
Equity and liabilities
- Other debts +€1.9m
up €1.9m (+130%), from €1.4m to €3.3m
Income statement
No income-statement line moved by more than 1% of the activity.
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.
Result 2024
€30,487
Other operating charges
-€164
Other operating items
+€11,340
Financial income
+€509,793
Financial charges
-€665,110
Result 2025
-€113,653
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€3,044
Investment
€0
Financing
-€0
Cash 2024
€5,149
From operations (derived)
-€3,044
Net result for the year
-€113,653
Receivables within one year
-€1.8m
Other debts
+€1.9m
Accrued charges and deferred income
+€1,576
Financing
-€0
Contributions, distributions and other
-€0
Cash 2025
€2,105
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,699,121 | €161,471,368 | +€1.8m | +1.1% |
| Fixed assets | 21/28 | €123,676,220 | €123,676,220 | = | 0.0% |
| Financial fixed assets | 28 | €123,676,220 | €123,676,220 | = | 0.0% |
| Affiliated companies | 280/1 | €123,675,995 | €123,675,995 | = | 0.0% |
| Participating interests | 280 | €123,675,995 | €123,675,995 | = | 0.0% |
| Other financial fixed assets | 284/8 | €225 | €225 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €36,022,901 | €37,795,148 | +€1.8m | +4.9% |
| Amounts receivable after more than one year | 29 | €34,400,000 | €34,400,000 | = | 0.0% |
| Other amounts receivable | 291 | €34,400,000 | €34,400,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,617,752 | €3,393,043 | +€1.8m | +110% |
| Other amounts receivable | 41 | €1,617,752 | €3,393,043 | +€1.8m | +110% |
| Cash at bank and in hand | 54/58 | €5,149 | €2,105 | -€3,044 | -59.1% |
| Total equity and liabilities | 10/49 | €159,699,121 | €161,471,368 | +€1.8m | +1.1% |
| Equity | 10/15 | €124,848,831 | €124,735,178 | -€113,653 | -0.1% |
| Contributions | 10/11 | €124,686,327 | €124,686,327 | = | 0.0% |
| Reserves | 13 | €162,504 | €162,504 | -€0 | 0.0% |
| Distributable reserves | 133 | €162,504 | €162,504 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | -€113,653 | -€113,653 | |
| Amounts payable | 17/49 | €34,850,290 | €36,736,190 | +€1.9m | +5.4% |
| Amounts payable after more than one year | 17 | €33,400,000 | €33,400,000 | = | 0.0% |
| Other amounts payable | 178/9 | €33,400,000 | €33,400,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,449,306 | €3,333,630 | +€1.9m | +130% |
| Other amounts payable | 47/48 | €1,449,306 | €3,333,630 | +€1.9m | +130% |
| Accrued charges and deferred income | 492/3 | €984 | €2,560 | +€1,576 | +160% |
| Operating charges | 60/66A | €21,634 | €10,457 | -€11,177 | -51.7% |
| Services and other goods | 61 | €20,830 | €9,490 | -€11,340 | -54.4% |
| Other operating charges | 640/8 | €804 | €968 | +€164 | +20.3% |
| Operating profit (loss) | 9901 | -€21,634 | -€10,457 | +€11,177 | +51.7% |
| Financial income | 75/76B | €1,387,752 | €1,897,545 | +€509,793 | +36.7% |
| Recurring financial income | 75 | €1,387,752 | €1,897,545 | +€509,793 | +36.7% |
| Other financial income | 752/9 | €1,387,752 | €1,897,545 | +€509,793 | +36.7% |
| Financial charges | 65/66B | €1,335,631 | €2,000,741 | +€665,110 | +49.8% |
| Recurring financial charges | 65 | €1,335,631 | €2,000,741 | +€665,110 | +49.8% |
| Debt charges | 650 | €1,334,317 | €1,999,364 | +€665,047 | +49.8% |
| Other financial charges | 652/9 | €1,314 | €1,377 | +€63 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €30,487 | -€113,653 | -€144,140 | |
| Profit (loss) for the period | 9904 | €30,487 | -€113,653 | -€144,140 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,487 | -€113,653 | -€144,140 |
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 31 October 2026 via checked.be.