CONSTRUCTION 2 ENGINEERING SERVICES: 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.
CONSTRUCTION 2 ENGINEERING SERVICES
Largest movements
- Receivables within one year +€3,349
up €3,349 (+20.1%), from €16,677 to €20,026
of which Trade receivables: +€2,587
- Cash -€2,673
down €2,673 (-4.7%), from €57,181 to €54,507
mainly Tax, wage and social debts (-€6,659) and Investment in fixed assets (net) (-€4,385)
- Tax, wage and social debts -€6,659
down €6,659 (-85.8%), from €7,762 to €1,102
- Reserves +€5,532
up €5,532 (+11.4%), from €48,623 to €54,154
of which Distributable reserves: +€5,532
- Trade debts +€3,046
up €3,046 (+569.8%), from €535 to €3,581
- Other debts -€2,637
down €2,637 (-2.8%), from €94,194 to €91,558
- Gross operating margin -€15,953
down €15,953 (-52.1%), from €30,616 to €14,663
- Taxes -€3,028
down €3,028 (-63.5%), from €4,765 to €1,738
- Financial income -€465
no longer reported in 2025 (was €465)
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 | €169,705 | €168,987 | -€718 | -0.4% |
| Fixed assets | 21/28 | €95,742 | €94,349 | -€1,393 | -1.5% |
| Tangible fixed assets | 22/27 | €20,742 | €19,349 | -€1,393 | -6.7% |
| Plant, machinery and equipment | 23 | €1,652 | €1,464 | -€188 | -11.4% |
| Furniture and vehicles | 24 | €19,090 | €17,884 | -€1,206 | -6.3% |
| Financial fixed assets | 28 | €75,000 | €75,000 | = | 0.0% |
| Current assets | 29/58 | €73,963 | €74,639 | +€676 | +0.9% |
| Amounts receivable within one year | 40/41 | €16,677 | €20,026 | +€3,349 | +20.1% |
| Trade receivables | 40 | €16,677 | €19,264 | +€2,587 | +15.5% |
| Other amounts receivable | 41 | - | €762 | +€762 | |
| Cash at bank and in hand | 54/58 | €57,181 | €54,507 | -€2,673 | -4.7% |
| Deferred charges and accrued income | 490/1 | €106 | €106 | = | 0.0% |
| Total equity and liabilities | 10/49 | €169,705 | €168,987 | -€718 | -0.4% |
| Equity | 10/15 | €67,215 | €72,746 | +€5,532 | +8.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €48,623 | €54,154 | +€5,532 | +11.4% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €9,263 | €14,795 | +€5,532 | +59.7% |
| Amounts payable | 17/49 | €102,490 | €96,241 | -€6,250 | -6.1% |
| Amounts payable within one year | 42/48 | €102,490 | €96,241 | -€6,250 | -6.1% |
| Trade debts | 44 | €535 | €3,581 | +€3,046 | +569.8% |
| Suppliers | 440/4 | €535 | €3,581 | +€3,046 | +569.8% |
| Taxes, remuneration and social security | 45 | €7,762 | €1,102 | -€6,659 | -85.8% |
| Taxes | 450/3 | €7,762 | €1,102 | -€6,659 | -85.8% |
| Other amounts payable | 47/48 | €94,194 | €91,558 | -€2,637 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,706 | €5,778 | +€73 | +1.3% |
| Other operating charges | 640/8 | €849 | €858 | +€9 | +1.1% |
| Gross operating margin | 9900 | €30,616 | €14,663 | -€15,953 | -52.1% |
| Operating profit (loss) | 9901 | €24,062 | €8,027 | -€16,035 | -66.6% |
| Financial income | 75/76B | €465 | - | -€465 | |
| Recurring financial income | 75 | €465 | - | -€465 | |
| Financial charges | 65/66B | €687 | €758 | +€71 | +10.3% |
| Recurring financial charges | 65 | €687 | €758 | +€71 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €23,840 | €7,269 | -€16,571 | -69.5% |
| Income taxes | 67/77 | €4,765 | €1,738 | -€3,028 | -63.5% |
| Profit (loss) for the period | 9904 | €19,075 | €5,532 | -€13,543 | -71.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,075 | €5,532 | -€13,543 | -71.0% |
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 2 October 2026 via checked.be.