CONSTRUCTION & ADVICE: what changed
Two financial 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 & ADVICE
Largest movements
- Cash -€36,814
down €36,814 (-50.6%), from €72,827 to €36,012
mainly Contributions, distributions and other (-€70,000) and Trade debts (-€6,104)
- Deferred charges and accrued income -€11,051
down €11,051 (-77.4%), from €14,272 to €3,221
- Receivables within one year -€1,451
down €1,451 (-3.2%), from €44,789 to €43,338
of which Trade receivables: -€1,833
- Profit (loss) carried forward -€29,398
down €29,398 (-79.2%), from €37,137 to €7,738
- Reserves -€19,984
down €19,984 (-47.1%), from €42,462 to €22,477
- Trade debts -€6,104
down €6,104 (-67.3%), from €9,076 to €2,972
- Other debts +€4,003
up €4,003 (+29.2%), from €13,688 to €17,691
- Accrued charges and deferred income +€2,902
up €2,902, from €0 to €2,902
- Gross operating margin +€7,288
up €7,288 (+28.6%), from €25,447 to €32,735
- Taxes +€2,038
up €2,038 (+30.9%), from €6,591 to €8,629
- Financial charges -€1,049
down €1,049 (-33.3%), from €3,153 to €2,104
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.
Derived cash bridge
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 | €132,784 | €83,180 | -€49,603 | -37.4% |
| Fixed assets | 21/28 | €896 | €609 | -€287 | -32.0% |
| Tangible fixed assets | 22/27 | €896 | €609 | -€287 | -32.0% |
| Furniture and vehicles | 24 | €896 | €609 | -€287 | -32.0% |
| Current assets | 29/58 | €131,887 | €82,571 | -€49,316 | -37.4% |
| Amounts receivable within one year | 40/41 | €44,789 | €43,338 | -€1,451 | -3.2% |
| Trade receivables | 40 | €42,380 | €40,548 | -€1,833 | -4.3% |
| Other amounts receivable | 41 | €2,409 | €2,790 | +€381 | +15.8% |
| Cash at bank and in hand | 54/58 | €72,827 | €36,012 | -€36,814 | -50.6% |
| Deferred charges and accrued income | 490/1 | €14,272 | €3,221 | -€11,051 | -77.4% |
| Total equity and liabilities | 10/49 | €132,784 | €83,180 | -€49,603 | -37.4% |
| Equity | 10/15 | €98,148 | €48,766 | -€49,383 | -50.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €42,462 | €22,477 | -€19,984 | -47.1% |
| Distributable reserves | 133 | €42,462 | €22,477 | -€19,984 | -47.1% |
| Profit (loss) carried forward | 14 | €37,137 | €7,738 | -€29,398 | -79.2% |
| Amounts payable | 17/49 | €34,635 | €34,414 | -€221 | -0.6% |
| Amounts payable within one year | 42/48 | €34,635 | €31,513 | -€3,122 | -9.0% |
| Trade debts | 44 | €9,076 | €2,972 | -€6,104 | -67.3% |
| Suppliers | 440/4 | €9,076 | €2,972 | -€6,104 | -67.3% |
| Taxes, remuneration and social security | 45 | €11,870 | €10,849 | -€1,021 | -8.6% |
| Taxes | 450/3 | €11,870 | €10,849 | -€1,021 | -8.6% |
| Other amounts payable | 47/48 | €13,688 | €17,691 | +€4,003 | +29.2% |
| Accrued charges and deferred income | 492/3 | €0 | €2,902 | +€2,902 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €287 | €287 | = | 0.0% |
| Other operating charges | 640/8 | €1,103 | €1,125 | +€22 | +2.0% |
| Gross operating margin | 9900 | €25,447 | €32,735 | +€7,288 | +28.6% |
| Operating profit (loss) | 9901 | €24,057 | €31,323 | +€7,266 | +30.2% |
| Financial income | 75/76B | €0 | €27 | +€27 | |
| Recurring financial income | 75 | €0 | €27 | +€27 | |
| Financial charges | 65/66B | €3,153 | €2,104 | -€1,049 | -33.3% |
| Recurring financial charges | 65 | €3,153 | €2,104 | -€1,049 | -33.3% |
| Profit (loss) for the period before taxes | 9903 | €20,905 | €29,247 | +€8,342 | +39.9% |
| Income taxes | 67/77 | €6,591 | €8,629 | +€2,038 | +30.9% |
| Profit (loss) for the period | 9904 | €14,314 | €20,617 | +€6,304 | +44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,314 | €20,617 | +€6,304 | +44.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.