Constim: 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.
Constim
Largest movements
- Current investments +€160,000
up €160,000 (+160.0%), from €100,000 to €260,000
- Tangible fixed assets +€63,161
new in 2025: €63,161
of which Furniture and vehicles: +€55,755
- Cash +€22,530
up €22,530 (+45.9%), from €49,104 to €71,634
mainly Net result for the year (+€204,857) and Tax, wage and social debts (+€61,429)
- Receivables within one year +€22,166
up €22,166 (+59.0%), from €37,546 to €59,712
of which Trade receivables: +€12,301
- Profit (loss) carried forward +€204,857
up €204,857 (+152.8%), from €134,031 to €338,888
- Tax, wage and social debts +€61,429
up €61,429 (+118.2%), from €51,989 to €113,418
- Gross operating margin +€93,093
up €93,093 (+52.4%), from €177,599 to €270,693
- Taxes +€22,445
up €22,445 (+52.0%), from €43,175 to €65,619
- Depreciation +€3,475
new in 2025: €3,475
- Financial income +€2,906
up €2,906 (+459.9%), from €632 to €3,537
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 | €191,650 | €459,507 | +€267,856 | +139.8% |
| Fixed assets | 21/28 | €5,000 | €68,161 | +€63,161 | +1263.2% |
| Tangible fixed assets | 22/27 | - | €63,161 | +€63,161 | |
| Plant, machinery and equipment | 23 | - | €7,406 | +€7,406 | |
| Furniture and vehicles | 24 | - | €55,755 | +€55,755 | |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €186,650 | €391,346 | +€204,695 | +109.7% |
| Amounts receivable within one year | 40/41 | €37,546 | €59,712 | +€22,166 | +59.0% |
| Trade receivables | 40 | €37,083 | €49,384 | +€12,301 | +33.2% |
| Other amounts receivable | 41 | €463 | €10,327 | +€9,865 | +2131.0% |
| Current investments | 50/53 | €100,000 | €260,000 | +€160,000 | +160.0% |
| Cash at bank and in hand | 54/58 | €49,104 | €71,634 | +€22,530 | +45.9% |
| Total equity and liabilities | 10/49 | €191,650 | €459,507 | +€267,856 | +139.8% |
| Equity | 10/15 | €137,031 | €341,888 | +€204,857 | +149.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €134,031 | €338,888 | +€204,857 | +152.8% |
| Amounts payable | 17/49 | €54,620 | €117,618 | +€62,999 | +115.3% |
| Amounts payable within one year | 42/48 | €54,620 | €117,618 | +€62,999 | +115.3% |
| Trade debts | 44 | €2,630 | €4,200 | +€1,570 | +59.7% |
| Suppliers | 440/4 | €2,630 | €4,200 | +€1,570 | +59.7% |
| Taxes, remuneration and social security | 45 | €51,989 | €113,418 | +€61,429 | +118.2% |
| Taxes | 450/3 | €51,989 | €113,418 | +€61,429 | +118.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,475 | +€3,475 | |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €177,599 | €270,693 | +€93,093 | +52.4% |
| Operating profit (loss) | 9901 | €177,481 | €267,098 | +€89,617 | +50.5% |
| Financial income | 75/76B | €632 | €3,537 | +€2,906 | +459.9% |
| Recurring financial income | 75 | €632 | €3,537 | +€2,906 | +459.9% |
| Financial charges | 65/66B | €907 | €159 | -€749 | -82.5% |
| Recurring financial charges | 65 | €907 | €159 | -€749 | -82.5% |
| Profit (loss) for the period before taxes | 9903 | €177,205 | €270,477 | +€93,271 | +52.6% |
| Income taxes | 67/77 | €43,175 | €65,619 | +€22,445 | +52.0% |
| Profit (loss) for the period | 9904 | €134,031 | €204,857 | +€70,826 | +52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €134,031 | €204,857 | +€70,826 | +52.8% |
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 12 October 2026 via checked.be.