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CONSTRUCTIE DEDE: 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

CONSTRUCTIE DEDE

BE 0457.721.224
NACE 29.202, Manufacture of motor vehicles, trailers and semi-trailers
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€67,599
2024 · €77,311-€9,712
Equity
€444,208
2024 · €416,609+€27,599
Cash
€46,871
2024 · €187,125-€140,254
Balance sheet total
€569,381
2024 · €597,498-€28,117

Largest movements

2024 to 2025
Assets
  • Cash -€140,254

    down €140,254 (-75.0%), from €187,125 to €46,871

    mainly Receivables within one year (-€75,720) and Trade debts (-€56,098)

  • Receivables within one year +€75,720

    up €75,720 (+33.7%), from €224,575 to €300,295

    of which Trade receivables: +€83,218

  • Tangible fixed assets +€31,973

    up €31,973 (+114.0%), from €28,048 to €60,021

    of which Plant, machinery and equipment: +€18,416

Equity and liabilities
  • Trade debts -€56,098

    down €56,098 (-47.1%), from €119,054 to €62,956

  • Reserves +€27,599

    up €27,599 (+7.0%), from €396,609 to €424,208

    of which Distributable reserves: +€27,599

  • Tax, wage and social debts +€7,690

    up €7,690 (+77.4%), from €9,936 to €17,626

    of which Remuneration and social security: +€3,925

  • Other debts -€7,320

    down €7,320 (-14.2%), from €51,667 to €44,347

Income statement
  • Gross operating margin -€12,315

    down €12,315 (-4.4%), from €278,442 to €266,127

From the 2024 result to the 2025 result

effect on the 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 €77,311
Gross operating margin -€12,315
Staff costs -€2,457
Depreciation +€1,523
Other operating charges +€173
Financial income +€703
Financial charges +€92
Taxes +€2,568
Result 2025 €67,599

Cash bridge derived

cash 2024 to 2025

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 -€52,250
Investment -€48,003
Financing -€40,000
Cash 2024 €187,125
Net result for the year +€67,599
Depreciation +€16,030
Stocks and contracts -€4,350
Receivables within one year -€75,720
Smaller working-capital items -€82
Trade debts -€56,098
Tax, wage and social debts +€7,690
Other debts -€7,320
Investment in fixed assets (net) -€48,003
Contributions, distributions and other -€40,000
Cash 2025 €46,871
Every line side by side 45 lines
Line Code 2024 2025 Change %
Total assets 20/58 €597,498 €569,381 -€28,117 -4.7%
Fixed assets 21/28 €28,048 €60,021 +€31,973 +114.0%
Tangible fixed assets 22/27 €28,048 €60,021 +€31,973 +114.0%
Land and buildings 22 €5,746 €1,926 -€3,820 -66.5%
Plant, machinery and equipment 23 €21,487 €39,903 +€18,416 +85.7%
Furniture and vehicles 24 €814 €18,192 +€17,378 +2134.5%
Current assets 29/58 €569,450 €509,360 -€60,090 -10.6%
Stocks and contracts in progress 3 €153,200 €157,550 +€4,350 +2.8%
Stocks 30/36 €152,200 €156,550 +€4,350 +2.9%
Contracts in progress 37 €1,000 €1,000 = 0.0%
Amounts receivable within one year 40/41 €224,575 €300,295 +€75,720 +33.7%
Trade receivables 40 €205,436 €288,654 +€83,218 +40.5%
Other amounts receivable 41 €19,139 €11,641 -€7,498 -39.2%
Cash at bank and in hand 54/58 €187,125 €46,871 -€140,254 -75.0%
Deferred charges and accrued income 490/1 €4,550 €4,644 +€94 +2.1%
Total equity and liabilities 10/49 €597,498 €569,381 -€28,117 -4.7%
Equity 10/15 €416,609 €444,208 +€27,599 +6.6%
Contributions 10/11 €20,000 €20,000 = 0.0%
Outside capital 11 €20,000 €20,000 = 0.0%
Other 1109/19 €20,000 €20,000 = 0.0%
Reserves 13 €396,609 €424,208 +€27,599 +7.0%
Tax-exempt reserves 132 €173,907 €173,907 = 0.0%
Distributable reserves 133 €222,702 €250,301 +€27,599 +12.4%
Amounts payable 17/49 €180,889 €125,173 -€55,716 -30.8%
Amounts payable within one year 42/48 €180,657 €124,929 -€55,728 -30.8%
Trade debts 44 €119,054 €62,956 -€56,098 -47.1%
Suppliers 440/4 €119,054 €62,956 -€56,098 -47.1%
Taxes, remuneration and social security 45 €9,936 €17,626 +€7,690 +77.4%
Taxes 450/3 €3,568 €7,333 +€3,765 +105.5%
Remuneration and social security 454/9 €6,368 €10,293 +€3,925 +61.6%
Other amounts payable 47/48 €51,667 €44,347 -€7,320 -14.2%
Accrued charges and deferred income 492/3 €232 €244 +€12 +5.3%
Remuneration, social security and pensions 62 €163,648 €166,105 +€2,457 +1.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €17,553 €16,030 -€1,523 -8.7%
Other operating charges 640/8 €7,471 €7,298 -€173 -2.3%
Gross operating margin 9900 €278,442 €266,127 -€12,315 -4.4%
Operating profit (loss) 9901 €89,769 €76,694 -€13,076 -14.6%
Financial income 75/76B €1,456 €2,159 +€703 +48.3%
Recurring financial income 75 €1,456 €2,159 +€703 +48.3%
Financial charges 65/66B €1,165 €1,073 -€92 -7.9%
Recurring financial charges 65 €1,165 €1,073 -€92 -7.9%
Profit (loss) for the period before taxes 9903 €90,060 €77,779 -€12,281 -13.6%
Income taxes 67/77 €12,748 €10,180 -€2,568 -20.1%
Profit (loss) for the period 9904 €77,311 €67,599 -€9,712 -12.6%
Profit (loss) for the period to be appropriated 9905 €77,311 €67,599 -€9,712 -12.6%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.