CONSTRUCT-C: 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.
CONSTRUCT-C
Largest movements
- Cash -€30,900
down €30,900 (-77.8%), from €39,715 to €8,815
mainly Receivables within one year (-€13,639) and Other debts (-€10,411)
- Receivables within one year +€13,639
up €13,639 (+30.8%), from €44,266 to €57,905
of which Other amounts receivable: +€14,647
- Profit (loss) carried forward -€30,485
down €30,485 (-100.0%), from €30,485 to €0
- Reserves +€25,708
up €25,708 (+267.3%), from €9,618 to €35,327
- Other debts -€10,411
down €10,411 (-53.6%), from €19,412 to €9,001
- Accrued charges and deferred income -€1,061
down €1,061 (-100.0%), from €1,061 to €0
- Trade debts -€974
down €974 (-97.2%), from €1,002 to €28
- Gross operating margin -€48,678
down €48,678, from €45,476 to -€3,202
- Taxes -€8,338
down €8,338, from €8,300 to -€38
- Financial charges -€6,469
down €6,469 (-98.9%), from €6,538 to €69
- Other operating charges +€948
up €948 (+158.9%), from €596 to €1,544
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 | €88,478 | €71,217 | -€17,261 | -19.5% |
| Current assets | 29/58 | €88,478 | €71,217 | -€17,261 | -19.5% |
| Stocks and contracts in progress | 3 | €4,497 | €4,497 | = | 0.0% |
| Contracts in progress | 37 | €4,497 | €4,497 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €44,266 | €57,905 | +€13,639 | +30.8% |
| Trade receivables | 40 | €1,008 | €0 | -€1,008 | -100.0% |
| Other amounts receivable | 41 | €43,258 | €57,905 | +€14,647 | +33.9% |
| Cash at bank and in hand | 54/58 | €39,715 | €8,815 | -€30,900 | -77.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €88,478 | €71,217 | -€17,261 | -19.5% |
| Equity | 10/15 | €58,703 | €53,927 | -€4,777 | -8.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,618 | €35,327 | +€25,708 | +267.3% |
| Distributable reserves | 133 | €9,618 | €35,327 | +€25,708 | +267.3% |
| Profit (loss) carried forward | 14 | €30,485 | €0 | -€30,485 | -100.0% |
| Amounts payable | 17/49 | €29,775 | €17,290 | -€12,485 | -41.9% |
| Amounts payable within one year | 42/48 | €28,714 | €17,290 | -€11,424 | -39.8% |
| Trade debts | 44 | €1,002 | €28 | -€974 | -97.2% |
| Suppliers | 440/4 | €1,002 | €28 | -€974 | -97.2% |
| Taxes, remuneration and social security | 45 | €8,300 | €8,262 | -€38 | -0.5% |
| Taxes | 450/3 | €8,300 | €8,262 | -€38 | -0.5% |
| Other amounts payable | 47/48 | €19,412 | €9,001 | -€10,411 | -53.6% |
| Accrued charges and deferred income | 492/3 | €1,061 | €0 | -€1,061 | -100.0% |
| Other operating charges | 640/8 | €596 | €1,544 | +€948 | +158.9% |
| Gross operating margin | 9900 | €45,476 | -€3,202 | -€48,678 | |
| Operating profit (loss) | 9901 | €44,880 | -€4,746 | -€49,626 | |
| Financial income | 75/76B | €159 | €0 | -€159 | -100.0% |
| Recurring financial income | 75 | €159 | €0 | -€159 | -100.0% |
| Financial charges | 65/66B | €6,538 | €69 | -€6,469 | -98.9% |
| Recurring financial charges | 65 | €6,538 | €69 | -€6,469 | -98.9% |
| Profit (loss) for the period before taxes | 9903 | €38,501 | -€4,815 | -€43,316 | |
| Income taxes | 67/77 | €8,300 | -€38 | -€8,338 | |
| Profit (loss) for the period | 9904 | €30,201 | -€4,777 | -€34,977 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,201 | -€4,777 | -€34,977 |
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 9 October 2026 via checked.be.