CONSTRUCTA: 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.
CONSTRUCTA
Largest movements
- Cash +€17,620
up €17,620 (+8.0%), from €219,809 to €237,429
mainly Other debts (+€29,284) and Depreciation (+€18,666)
- Tangible fixed assets -€10,916
down €10,916 (-9.6%), from €113,198 to €102,282
- Other debts +€29,284
up €29,284 (+89.5%), from €32,730 to €62,013
- Reserves -€13,258
down €13,258 (-18.6%), from €71,337 to €58,079
- Gross operating margin -€2,112
down €2,112 (-7.5%), from €28,130 to €26,018
- Depreciation +€954
up €954 (+5.4%), from €17,712 to €18,666
- Taxes -€828
down €828 (-36.1%), from €2,296 to €1,468
- Other operating charges -€564
down €564 (-46.8%), from €1,204 to €640
- Financial charges +€487
up €487 (+19.7%), from €2,471 to €2,958
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 | €752,499 | €757,994 | +€5,495 | +0.7% |
| Fixed assets | 21/28 | €114,989 | €104,074 | -€10,916 | -9.5% |
| Tangible fixed assets | 22/27 | €113,198 | €102,282 | -€10,916 | -9.6% |
| Land and buildings | 22 | €84,800 | €80,170 | -€4,630 | -5.5% |
| Plant, machinery and equipment | 23 | €24,119 | €18,749 | -€5,370 | -22.3% |
| Furniture and vehicles | 24 | €4,279 | €3,363 | -€916 | -21.4% |
| Financial fixed assets | 28 | €1,791 | €1,791 | = | 0.0% |
| Current assets | 29/58 | €637,510 | €653,920 | +€16,411 | +2.6% |
| Stocks and contracts in progress | 3 | €38,450 | €37,165 | -€1,285 | -3.3% |
| Stocks | 30/36 | €38,450 | €37,165 | -€1,285 | -3.3% |
| Amounts receivable within one year | 40/41 | €376,536 | €376,379 | -€156 | 0.0% |
| Trade receivables | 40 | €372,605 | €370,897 | -€1,708 | -0.5% |
| Other amounts receivable | 41 | €3,931 | €5,482 | +€1,552 | +39.5% |
| Cash at bank and in hand | 54/58 | €219,809 | €237,429 | +€17,620 | +8.0% |
| Deferred charges and accrued income | 490/1 | €2,715 | €2,947 | +€232 | +8.5% |
| Total equity and liabilities | 10/49 | €752,499 | €757,994 | +€5,495 | +0.7% |
| Equity | 10/15 | €686,596 | €673,338 | -€13,258 | -1.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €71,337 | €58,079 | -€13,258 | -18.6% |
| Distributable reserves | 133 | €71,337 | €58,079 | -€13,258 | -18.6% |
| Profit (loss) carried forward | 14 | €596,667 | €596,667 | = | 0.0% |
| Amounts payable | 17/49 | €65,903 | €84,656 | +€18,753 | +28.5% |
| Amounts payable after more than one year | 17 | €5,324 | - | -€5,324 | |
| Financial debts | 170/4 | €5,324 | - | -€5,324 | |
| Amounts payable within one year | 42/48 | €60,579 | €84,656 | +€24,077 | +39.7% |
| Current portion of amounts payable after more than one year | 42 | €12,628 | €5,324 | -€7,304 | -57.8% |
| Trade debts | 44 | €778 | €734 | -€44 | -5.6% |
| Suppliers | 440/4 | €778 | €734 | -€44 | -5.6% |
| Taxes, remuneration and social security | 45 | €14,444 | €16,585 | +€2,141 | +14.8% |
| Taxes | 450/3 | €14,444 | €14,585 | +€141 | +1.0% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €32,730 | €62,013 | +€29,284 | +89.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,712 | €18,666 | +€954 | +5.4% |
| Other operating charges | 640/8 | €1,204 | €640 | -€564 | -46.8% |
| Gross operating margin | 9900 | €28,130 | €26,018 | -€2,112 | -7.5% |
| Operating profit (loss) | 9901 | €9,215 | €6,712 | -€2,502 | -27.2% |
| Financial income | 75/76B | €1,952 | €1,988 | +€36 | +1.8% |
| Recurring financial income | 75 | €1,952 | €1,988 | +€36 | +1.8% |
| Financial charges | 65/66B | €2,471 | €2,958 | +€487 | +19.7% |
| Recurring financial charges | 65 | €2,471 | €2,958 | +€487 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €8,696 | €5,742 | -€2,954 | -34.0% |
| Income taxes | 67/77 | €2,296 | €1,468 | -€828 | -36.1% |
| Profit (loss) for the period | 9904 | €6,400 | €4,274 | -€2,126 | -33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,400 | €4,274 | -€2,126 | -33.2% |
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.