Construction – Development – Assistance: 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 – Development – Assistance
Largest movements
- Stocks and contracts -€407,944
no longer reported in 2025 (was €407,944)
- Other debts -€776,021
down €776,021 (-46.5%), from €1.7m to €894,042
- Profit (loss) carried forward +€378,403
up €378,403 (+24.0%), from -€1.6m to -€1.2m
- Trade debts -€5,319
down €5,319 (-49.4%), from €10,771 to €5,452
- Gross operating margin +€576,338
up €576,338, from -€194,513 to €381,825
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 | €424,157 | €21,220 | -€402,937 | -95.0% |
| Fixed assets | 21/28 | €973 | €396 | -€577 | -59.3% |
| Intangible fixed assets | 21 | €715 | €238 | -€477 | -66.7% |
| Tangible fixed assets | 22/27 | €258 | €158 | -€100 | -38.9% |
| Furniture and vehicles | 24 | €258 | €158 | -€100 | -38.9% |
| Current assets | 29/58 | €423,184 | €20,823 | -€402,360 | -95.1% |
| Stocks and contracts in progress | 3 | €407,944 | - | -€407,944 | |
| Stocks | 30/36 | €407,944 | - | -€407,944 | |
| Amounts receivable within one year | 40/41 | €12,994 | €16,058 | +€3,064 | +23.6% |
| Trade receivables | 40 | €8,485 | €4,454 | -€4,031 | -47.5% |
| Other amounts receivable | 41 | €4,509 | €11,605 | +€7,096 | +157.4% |
| Cash at bank and in hand | 54/58 | €2,134 | €4,764 | +€2,630 | +123.2% |
| Deferred charges and accrued income | 490/1 | €112 | €1 | -€110 | -98.9% |
| Total equity and liabilities | 10/49 | €424,157 | €21,220 | -€402,937 | -95.0% |
| Equity | 10/15 | -€1,256,677 | -€878,274 | +€378,403 | +30.1% |
| Contributions | 10/11 | €317,498 | €317,498 | = | 0.0% |
| Capital | 10 | €317,434 | €317,434 | = | 0.0% |
| Issued capital | 100 | €355,000 | €355,000 | = | 0.0% |
| Uncalled capital | 101 | €37,566 | €37,566 | = | 0.0% |
| Outside capital | 11 | €63 | €63 | = | 0.0% |
| Share premium | 1100/10 | €63 | €63 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,574,174 | -€1,195,771 | +€378,403 | +24.0% |
| Amounts payable | 17/49 | €1,680,834 | €899,493 | -€781,340 | -46.5% |
| Amounts payable within one year | 42/48 | €1,680,834 | €899,493 | -€781,340 | -46.5% |
| Trade debts | 44 | €10,771 | €5,452 | -€5,319 | -49.4% |
| Suppliers | 440/4 | €10,771 | €5,452 | -€5,319 | -49.4% |
| Other amounts payable | 47/48 | €1,670,062 | €894,042 | -€776,021 | -46.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €577 | €577 | = | 0.0% |
| Other operating charges | 640/8 | €571 | €2,509 | +€1,938 | +339.7% |
| Gross operating margin | 9900 | -€194,513 | €381,825 | +€576,338 | |
| Operating profit (loss) | 9901 | -€195,661 | €378,739 | +€574,400 | |
| Financial income | 75/76B | €147 | €129 | -€18 | -12.0% |
| Recurring financial income | 75 | €147 | €129 | -€18 | -12.0% |
| Financial charges | 65/66B | €427 | €466 | +€39 | +9.0% |
| Recurring financial charges | 65 | €427 | €466 | +€39 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | -€195,941 | €378,403 | +€574,344 | |
| Profit (loss) for the period | 9904 | -€195,941 | €378,403 | +€574,344 | |
| Profit (loss) for the period to be appropriated | 9905 | -€195,941 | €378,403 | +€574,344 |
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 3 October 2026 via checked.be.