CONSTRUCT MANAGEMENT RENDERS: 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.
CONSTRUCT MANAGEMENT RENDERS
Largest movements
- Receivables within one year -€7,160
down €7,160 (-85.2%), from €8,405 to €1,244
of which Other amounts receivable: -€5,778
- Profit (loss) carried forward -€16,874
down €16,874 (-11.0%), from -€153,657 to -€170,531
- Other debts +€14,997
up €14,997 (+5.3%), from €282,093 to €297,090
- Trade debts -€3,721
down €3,721 (-80.9%), from €4,598 to €877
- Gross operating margin +€5,220
up €5,220, from -€1,177 to €4,044
- Financial charges -€1,675
down €1,675 (-7.4%), from €22,570 to €20,895
- Financial income +€378
new in 2025: €378
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 | €174,130 | €166,856 | -€7,274 | -4.2% |
| Current assets | 29/58 | €174,130 | €166,856 | -€7,274 | -4.2% |
| Stocks and contracts in progress | 3 | €162,543 | €163,685 | +€1,142 | +0.7% |
| Stocks | 30/36 | €162,543 | €163,685 | +€1,142 | +0.7% |
| Amounts receivable within one year | 40/41 | €8,405 | €1,244 | -€7,160 | -85.2% |
| Trade receivables | 40 | €2,626 | €1,244 | -€1,382 | -52.6% |
| Other amounts receivable | 41 | €5,778 | - | -€5,778 | |
| Cash at bank and in hand | 54/58 | €2,893 | €1,253 | -€1,640 | -56.7% |
| Deferred charges and accrued income | 490/1 | €290 | €675 | +€384 | +132.3% |
| Total equity and liabilities | 10/49 | €174,130 | €166,856 | -€7,274 | -4.2% |
| Equity | 10/15 | -€135,057 | -€151,931 | -€16,874 | -12.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€153,657 | -€170,531 | -€16,874 | -11.0% |
| Amounts payable | 17/49 | €309,187 | €318,787 | +€9,599 | +3.1% |
| Amounts payable within one year | 42/48 | €286,690 | €297,966 | +€11,276 | +3.9% |
| Trade debts | 44 | €4,598 | €877 | -€3,721 | -80.9% |
| Suppliers | 440/4 | €4,598 | €877 | -€3,721 | -80.9% |
| Other amounts payable | 47/48 | €282,093 | €297,090 | +€14,997 | +5.3% |
| Accrued charges and deferred income | 492/3 | €22,497 | €20,820 | -€1,677 | -7.5% |
| Non-recurring operating income | 76A | €5,778 | €8,151 | +€2,373 | +41.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,177 | €4,044 | +€5,220 | |
| Operating profit (loss) | 9901 | -€1,564 | €3,644 | +€5,208 | |
| Financial income | 75/76B | - | €378 | +€378 | |
| Recurring financial income | 75 | - | €378 | +€378 | |
| Financial charges | 65/66B | €22,570 | €20,895 | -€1,675 | -7.4% |
| Recurring financial charges | 65 | €22,570 | €20,895 | -€1,675 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | -€24,135 | -€16,874 | +€7,261 | +30.1% |
| Profit (loss) for the period | 9904 | -€24,135 | -€16,874 | +€7,261 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,135 | -€16,874 | +€7,261 | +30.1% |
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 8 October 2026 via checked.be.