Construct Concrete: 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.
What changed
Construct Concrete
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€643,772
2024 · €9.5m-€10.2m
Equity
€13.3m
2024 · €14.0m-€643,772
Cash
€360,967
2024 · €1.3m-€959,714
Balance sheet total
€34.8m
2024 · €30.8m+€4.0m
Largest movements
Assets
- Financial fixed assets +€4.6m
up €4.6m (+17.8%), from €26.0m to €30.6m
- Cash -€959,714
down €959,714 (-72.7%), from €1.3m to €360,967
mainly Investment in fixed assets (net) (-€4.6m) and Net result for the year (-€643,772)
Equity and liabilities
- Other debts +€4.1m
up €4.1m (+175.6%), from €2.3m to €6.4m
- Debts after one year +€1.2m
up €1.2m (+9.8%), from €12.2m to €13.3m
- Profit (loss) carried forward -€643,772
down €643,772 (-7.1%), from €9.1m to €8.5m
- Current portion of long-term debt -€619,737
down €619,737 (-40.0%), from €1.6m to €930,263
Income statement
- Financial income -€10.0m
down €10.0m (-99.1%), from €10.1m to €95,355
- Turnover -€224,413
down €224,413 (-22.6%), from €992,686 to €768,273
- Financial charges -€57,126
down €57,126 (-6.2%), from €923,146 to €866,021
- Services and other goods +€49,706
up €49,706 (+7.6%), from €656,009 to €705,714
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
€9.5m
Turnover
-€224,413
Other operating income
+€1,294
Services and other goods
-€49,706
Other operating charges
+€214
Other operating items
+€64,359
Financial income
-€10.0m
Financial charges
+€57,126
Result 2025
-€643,772
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.
From operations
+€3.1m
Investment
-€4.6m
Financing
+€568,570
Cash 2024
€1.3m
From operations (derived)
+€3.1m
Net result for the year
-€643,772
Receivables within one year
-€344,774
Deferred charges and accrued income
-€27,822
Trade debts
-€49,323
Other debts
+€4.1m
Accrued charges and deferred income
+€60,655
Investment (derived)
-€4.6m
Investment in fixed assets (net)
-€4.6m
Financing
+€568,570
Debts after one year
+€1.2m
Current portion of long-term debt
-€619,737
Cash 2025
€360,967
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,783,633 | €34,811,515 | +€4.0m | +13.1% |
| Fixed assets | 21/28 | €25,954,000 | €30,569,000 | +€4.6m | +17.8% |
| Financial fixed assets | 28 | €25,954,000 | €30,569,000 | +€4.6m | +17.8% |
| Affiliated companies | 280/1 | €25,954,000 | €30,569,000 | +€4.6m | +17.8% |
| Participating interests | 280 | €25,954,000 | €30,569,000 | +€4.6m | +17.8% |
| Current assets | 29/58 | €4,829,633 | €4,242,515 | -€587,118 | -12.2% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €3,508,952 | €3,853,726 | +€344,774 | +9.8% |
| Trade receivables | 40 | €27,830 | €64,558 | +€36,728 | +132.0% |
| Other amounts receivable | 41 | €3,481,122 | €3,789,168 | +€308,046 | +8.8% |
| Cash at bank and in hand | 54/58 | €1,320,681 | €360,967 | -€959,714 | -72.7% |
| Deferred charges and accrued income | 490/1 | - | €27,822 | +€27,822 | |
| Total equity and liabilities | 10/49 | €30,783,633 | €34,811,515 | +€4.0m | +13.1% |
| Equity | 10/15 | €13,990,125 | €13,346,352 | -€643,772 | -4.6% |
| Contributions | 10/11 | €4,425,001 | €4,425,001 | = | 0.0% |
| Capital | 10 | €4,425,001 | €4,425,001 | = | 0.0% |
| Issued capital | 100 | €4,425,001 | €4,425,001 | = | 0.0% |
| Reserves | 13 | €442,500 | €442,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €442,500 | €442,500 | = | 0.0% |
| Legal reserve | 130 | €442,500 | €442,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,122,624 | €8,478,851 | -€643,772 | -7.1% |
| Amounts payable | 17/49 | €16,793,508 | €21,465,163 | +€4.7m | +27.8% |
| Amounts payable after more than one year | 17 | €12,154,669 | €13,342,977 | +€1.2m | +9.8% |
| Financial debts | 170/4 | €12,154,669 | €13,342,977 | +€1.2m | +9.8% |
| Subordinated loans | 170 | €7,869,904 | €9,009,784 | +€1.1m | +14.5% |
| Credit institutions | 173 | €800,000 | €848,428 | +€48,428 | +6.1% |
| Other loans | 174 | €3,484,766 | €3,484,766 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,967,533 | €7,390,225 | +€3.4m | +86.3% |
| Current portion of amounts payable after more than one year | 42 | €1,550,000 | €930,263 | -€619,737 | -40.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €87,884 | €38,561 | -€49,323 | -56.1% |
| Suppliers | 440/4 | €87,884 | €38,561 | -€49,323 | -56.1% |
| Other amounts payable | 47/48 | €2,329,649 | €6,421,401 | +€4.1m | +175.6% |
| Accrued charges and deferred income | 492/3 | €671,305 | €731,961 | +€60,655 | +9.0% |
| Operating income | 70/76A | €992,686 | €833,926 | -€158,760 | -16.0% |
| Turnover | 70 | €992,686 | €768,273 | -€224,413 | -22.6% |
| Other operating income | 74 | - | €1,294 | +€1,294 | |
| Non-recurring operating income | 76A | - | €64,359 | +€64,359 | |
| Operating charges | 60/66A | €657,541 | €707,033 | +€49,492 | +7.5% |
| Services and other goods | 61 | €656,009 | €705,714 | +€49,706 | +7.6% |
| Other operating charges | 640/8 | €1,532 | €1,318 | -€214 | -14.0% |
| Operating profit (loss) | 9901 | €335,145 | €126,893 | -€208,252 | -62.1% |
| Financial income | 75/76B | €10,121,175 | €95,355 | -€10.0m | -99.1% |
| Recurring financial income | 75 | €10,121,175 | €95,355 | -€10.0m | -99.1% |
| Income from financial fixed assets | 750 | €10,050,000 | €0 | -€10.1m | -100.0% |
| Income from current assets | 751 | €71,175 | €95,355 | +€24,180 | +34.0% |
| Financial charges | 65/66B | €923,146 | €866,021 | -€57,126 | -6.2% |
| Recurring financial charges | 65 | €923,146 | €866,021 | -€57,126 | -6.2% |
| Debt charges | 650 | €922,915 | €792,949 | -€129,967 | -14.1% |
| Other financial charges | 652/9 | €231 | €73,072 | +€72,841 | +31541.1% |
| Profit (loss) for the period before taxes | 9903 | €9,533,174 | -€643,772 | -€10.2m | |
| Profit (loss) for the period | 9904 | €9,533,174 | -€643,772 | -€10.2m | |
| Profit (loss) for the period to be appropriated | 9905 | €9,533,174 | -€643,772 | -€10.2m |
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 5 October 2026 via checked.be.