CONSTRUCT PLUS: 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 PLUS
Largest movements
- Stocks and contracts +€611,174
up €611,174 (+68.8%), from €888,826 to €1.5m
of which Contracts in progress: +€611,174
- Tangible fixed assets -€26,238
down €26,238 (-38.7%), from €67,789 to €41,551
of which Furniture and vehicles: -€24,857
- Receivables within one year -€20,680
down €20,680 (-67.0%), from €30,858 to €10,177
of which Other amounts receivable: -€20,680
- Debts after one year +€435,000
up €435,000 (+34.9%), from €1.2m to €1.7m
of which Other amounts payable: +€435,000
- Profit (loss) carried forward +€112,895
up €112,895 (+19.2%), from -€589,390 to -€476,495
- Gross operating margin +€251,699
up €251,699, from -€110,254 to €141,445
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 | €1,001,718 | €1,559,671 | +€557,952 | +55.7% |
| Fixed assets | 21/28 | €70,199 | €43,961 | -€26,238 | -37.4% |
| Tangible fixed assets | 22/27 | €67,789 | €41,551 | -€26,238 | -38.7% |
| Plant, machinery and equipment | 23 | €4,789 | €3,408 | -€1,381 | -28.8% |
| Furniture and vehicles | 24 | €63,000 | €38,143 | -€24,857 | -39.5% |
| Financial fixed assets | 28 | €2,410 | €2,410 | = | 0.0% |
| Current assets | 29/58 | €931,520 | €1,515,710 | +€584,190 | +62.7% |
| Stocks and contracts in progress | 3 | €888,826 | €1,500,000 | +€611,174 | +68.8% |
| Stocks | 30/36 | €0 | - | = | |
| Contracts in progress | 37 | €888,826 | €1,500,000 | +€611,174 | +68.8% |
| Amounts receivable within one year | 40/41 | €30,858 | €10,177 | -€20,680 | -67.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €30,858 | €10,177 | -€20,680 | -67.0% |
| Cash at bank and in hand | 54/58 | €11,836 | €5,532 | -€6,303 | -53.3% |
| Total equity and liabilities | 10/49 | €1,001,718 | €1,559,671 | +€557,952 | +55.7% |
| Equity | 10/15 | -€576,990 | -€464,095 | +€112,895 | +19.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€589,390 | -€476,495 | +€112,895 | +19.2% |
| Amounts payable | 17/49 | €1,578,708 | €2,023,765 | +€445,057 | +28.2% |
| Amounts payable after more than one year | 17 | €1,247,142 | €1,682,142 | +€435,000 | +34.9% |
| Financial debts | 170/4 | €987,142 | €987,142 | = | 0.0% |
| Other amounts payable | 178/9 | €260,000 | €695,000 | +€435,000 | +167.3% |
| Amounts payable within one year | 42/48 | €331,566 | €341,624 | +€10,057 | +3.0% |
| Trade debts | 44 | €10,317 | €24,884 | +€14,567 | +141.2% |
| Suppliers | 440/4 | €10,317 | €24,884 | +€14,567 | +141.2% |
| Advances received on contracts in progress | 46 | €161,682 | €161,682 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €174 | €176 | +€2 | +1.0% |
| Taxes | 450/3 | €174 | €176 | +€2 | +1.0% |
| Other amounts payable | 47/48 | €159,393 | €154,881 | -€4,512 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,502 | €26,238 | +€736 | +2.9% |
| Other operating charges | 640/8 | €1,553 | €1,841 | +€288 | +18.6% |
| Gross operating margin | 9900 | -€110,254 | €141,445 | +€251,699 | |
| Operating profit (loss) | 9901 | -€137,308 | €113,366 | +€250,675 | |
| Financial income | 75/76B | €1 | €7 | +€6 | +434.3% |
| Recurring financial income | 75 | €1 | €7 | +€6 | +434.3% |
| Financial charges | 65/66B | €72 | €303 | +€230 | +319.8% |
| Recurring financial charges | 65 | €72 | €303 | +€230 | +319.8% |
| Profit (loss) for the period before taxes | 9903 | -€137,379 | €113,071 | +€250,450 | |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | -€137,553 | €112,895 | +€250,449 | |
| Profit (loss) for the period to be appropriated | 9905 | -€137,553 | €112,895 | +€250,449 |
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 28 September 2026 via checked.be.