CONSTRUCON: what changed
CONSTRUCON
Largest movements
- Receivables within one year +€60,778
up €60,778 (+309%), from €19,692 to €80,470
of which Other amounts receivable: +€43,870
- Deferred charges and accrued income +€55,913
up €55,913 (+1,343%), from €4,163 to €60,076
- Receivables after one year -€29,072
no longer reported in 2025 (was €29,072)
- Cash -€9,040
down €9,040 (-96.9%), from €9,332 to €292
mainly Receivables within one year (-€60,778) and Deferred charges and accrued income (-€55,913)
- Tangible fixed assets -€4,742
down €4,742 (-5.7%), from €82,943 to €78,201
of which Furniture and vehicles: -€5,751
- Reserves +€75,838
up €75,838 (+477%), from €15,883 to €91,721
- Short-term financial debts -€6,638
down €6,638 (-6.6%), from €100,000 to €93,362
- Debts after one year +€5,357
up €5,357 (+91.1%), from €5,883 to €11,240
of which Other amounts payable: +€9,498
- Gross operating margin +€77,442
up €77,442, from -€44,736 to €32,706
- Financial income +€39,789
up €39,789 (+77.9%), from €51,045 to €90,834
- Financial charges +€4,592
up €4,592 (+86.0%), from €5,340 to €9,932
- Taxes +€887
up €887 (+272%), from €326 to €1,213
- Depreciation +€636
up €636 (+6.0%), from €10,599 to €11,236
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €148,742 | €222,567 | +€73,825 | +49.6% |
| Formation expenses | 20 | €17 | - | -€17 | |
| Fixed assets | 21/28 | €86,467 | €81,729 | -€4,738 | -5.5% |
| Tangible fixed assets | 22/27 | €82,943 | €78,201 | -€4,742 | -5.7% |
| Plant, machinery and equipment | 23 | €11,674 | €13,578 | +€1,904 | +16.3% |
| Furniture and vehicles | 24 | €11,755 | €6,004 | -€5,751 | -48.9% |
| Other tangible fixed assets | 26 | €59,515 | €58,619 | -€895 | -1.5% |
| Financial fixed assets | 28 | €3,523 | €3,528 | +€5 | +0.1% |
| Current assets | 29/58 | €62,259 | €140,838 | +€78,579 | +126% |
| Amounts receivable after more than one year | 29 | €29,072 | - | -€29,072 | |
| Other amounts receivable | 291 | €29,072 | - | -€29,072 | |
| Amounts receivable within one year | 40/41 | €19,692 | €80,470 | +€60,778 | +309% |
| Trade receivables | 40 | €19,692 | €36,600 | +€16,908 | +85.9% |
| Other amounts receivable | 41 | - | €43,870 | +€43,870 | |
| Cash at bank and in hand | 54/58 | €9,332 | €292 | -€9,040 | -96.9% |
| Deferred charges and accrued income | 490/1 | €4,163 | €60,076 | +€55,913 | +1,343% |
| Total equity and liabilities | 10/49 | €148,742 | €222,567 | +€73,825 | +49.6% |
| Equity | 10/15 | €18,383 | €94,221 | +€75,838 | +413% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €15,883 | €91,721 | +€75,838 | +477% |
| Distributable reserves | 133 | €15,883 | €91,721 | +€75,838 | +477% |
| Amounts payable | 17/49 | €130,359 | €128,346 | -€2,013 | -1.5% |
| Amounts payable after more than one year | 17 | €5,883 | €11,240 | +€5,357 | +91.1% |
| Financial debts | 170/4 | €5,883 | €1,743 | -€4,141 | -70.4% |
| Other amounts payable | 178/9 | - | €9,498 | +€9,498 | |
| Amounts payable within one year | 42/48 | €124,156 | €116,978 | -€7,178 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €4,082 | €4,141 | +€58 | +1.4% |
| Financial debts | 43 | €100,000 | €93,362 | -€6,638 | -6.6% |
| Credit institutions | 430/8 | €100,000 | €93,362 | -€6,638 | -6.6% |
| Trade debts | 44 | €3,183 | €4,730 | +€1,547 | +48.6% |
| Suppliers | 440/4 | €3,183 | €4,730 | +€1,547 | +48.6% |
| Taxes, remuneration and social security | 45 | €16,891 | €14,745 | -€2,146 | -12.7% |
| Taxes | 450/3 | €10,620 | €9,406 | -€1,214 | -11.4% |
| Remuneration and social security | 454/9 | €6,271 | €5,339 | -€932 | -14.9% |
| Accrued charges and deferred income | 492/3 | €319 | €128 | -€192 | -60.1% |
| Non-recurring operating income | 76A | €100 | €4,803 | +€4,703 | +4,719% |
| Remuneration, social security and pensions | 62 | €23,798 | €23,918 | +€120 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,599 | €11,236 | +€636 | +6.0% |
| Other operating charges | 640/8 | €1,198 | €1,403 | +€205 | +17.1% |
| Non-recurring operating charges | 66A | €41,026 | - | -€41,026 | |
| Gross operating margin | 9900 | -€44,736 | €32,706 | +€77,442 | |
| Operating profit (loss) | 9901 | -€121,357 | -€3,851 | +€117,506 | +96.8% |
| Financial income | 75/76B | €51,045 | €90,834 | +€39,789 | +77.9% |
| Recurring financial income | 75 | €51,045 | €90,834 | +€39,789 | +77.9% |
| Financial charges | 65/66B | €5,340 | €9,932 | +€4,592 | +86.0% |
| Recurring financial charges | 65 | €5,340 | €9,932 | +€4,592 | +86.0% |
| Profit (loss) for the period before taxes | 9903 | -€75,652 | €77,051 | +€152,703 | |
| Income taxes | 67/77 | €326 | €1,213 | +€887 | +272% |
| Profit (loss) for the period | 9904 | -€75,979 | €75,838 | +€151,816 | |
| Profit (loss) for the period to be appropriated | 9905 | -€75,979 | €75,838 | +€151,816 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.