CONSTRUCTION DYNAMIC SYSTEMS: 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 DYNAMIC SYSTEMS
Largest movements
- Stocks and contracts -€467,927
down €467,927 (-94.3%), from €496,247 to €28,320
- Receivables within one year +€172,221
up €172,221 (+98.7%), from €174,458 to €346,678
of which Other amounts receivable: +€275,587
- Cash -€40,966
down €40,966 (-8.2%), from €500,731 to €459,766
mainly Other debts (-€222,479) and Tax, wage and social debts (-€190,356)
- Other debts -€222,479
down €222,479 (-46.5%), from €478,818 to €256,339
- Tax, wage and social debts -€190,356
no longer reported in 2025 (was €190,356)
- Profit (loss) carried forward -€142,508
down €142,508 (-33.7%), from €423,383 to €280,875
- Reserves +€116,000
up €116,000 (+1,560%), from €7,437 to €123,437
of which Distributable reserves: +€116,000
- Provisions +€100,000
new in 2025: €100,000
- Gross operating margin -€257,790
down €257,790 (-47.7%), from €540,745 to €282,955
- Provisions +€100,000
new in 2025: €100,000
- Financial charges -€57,835
down €57,835 (-95.9%), from €60,293 to €2,458
of which Financial charges: -€37,077
- Taxes -€14,330
down €14,330 (-20.5%), from €70,000 to €55,670
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 | €1,196,770 | €854,384 | -€342,386 | -28.6% |
| Fixed assets | 21/28 | €23,304 | €17,439 | -€5,865 | -25.2% |
| Tangible fixed assets | 22/27 | €23,259 | €17,395 | -€5,865 | -25.2% |
| Furniture and vehicles | 24 | €3,392 | €2,011 | -€1,381 | -40.7% |
| Leasing and similar rights | 25 | €4,484 | - | -€4,484 | |
| Other tangible fixed assets | 26 | €15,383 | €15,383 | = | 0.0% |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €1,173,466 | €836,945 | -€336,521 | -28.7% |
| Stocks and contracts in progress | 3 | €496,247 | €28,320 | -€467,927 | -94.3% |
| Stocks | 30/36 | €496,247 | €28,320 | -€467,927 | -94.3% |
| Amounts receivable within one year | 40/41 | €174,458 | €346,678 | +€172,221 | +98.7% |
| Trade receivables | 40 | €134,835 | €31,469 | -€103,366 | -76.7% |
| Other amounts receivable | 41 | €39,623 | €315,209 | +€275,587 | +696% |
| Cash at bank and in hand | 54/58 | €500,731 | €459,766 | -€40,966 | -8.2% |
| Deferred charges and accrued income | 490/1 | €2,029 | €2,181 | +€151 | +7.4% |
| Total equity and liabilities | 10/49 | €1,196,770 | €854,384 | -€342,386 | -28.6% |
| Equity | 10/15 | €505,187 | €478,680 | -€26,508 | -5.2% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €7,437 | €123,437 | +€116,000 | +1,560% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Distributable reserves | 133 | - | €116,000 | +€116,000 | |
| Profit (loss) carried forward | 14 | €423,383 | €280,875 | -€142,508 | -33.7% |
| Provisions and deferred taxes | 16 | - | €100,000 | +€100,000 | |
| Provisions for liabilities and charges | 160/5 | - | €100,000 | +€100,000 | |
| Other liabilities and charges | 164/5 | - | €100,000 | +€100,000 | |
| Amounts payable | 17/49 | €691,582 | €275,704 | -€415,878 | -60.1% |
| Amounts payable within one year | 42/48 | €691,582 | €275,704 | -€415,878 | -60.1% |
| Trade debts | 44 | €22,408 | €19,365 | -€3,043 | -13.6% |
| Suppliers | 440/4 | €22,408 | €19,365 | -€3,043 | -13.6% |
| Taxes, remuneration and social security | 45 | €190,356 | - | -€190,356 | |
| Taxes | 450/3 | €190,356 | - | -€190,356 | |
| Other amounts payable | 47/48 | €478,818 | €256,339 | -€222,479 | -46.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,831 | €5,865 | -€2,967 | -33.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €100,000 | +€100,000 | |
| Other operating charges | 640/8 | €3,312 | €2,680 | -€633 | -19.1% |
| Gross operating margin | 9900 | €540,745 | €282,955 | -€257,790 | -47.7% |
| Operating profit (loss) | 9901 | €528,601 | €174,411 | -€354,191 | -67.0% |
| Financial income | 75/76B | - | €67 | +€67 | |
| Recurring financial income | 75 | - | €67 | +€67 | |
| Financial charges | 65/66B | €60,293 | €2,458 | -€57,835 | -95.9% |
| Recurring financial charges | 65 | €39,535 | €2,458 | -€37,077 | -93.8% |
| Non-recurring financial charges | 66B | €20,759 | - | -€20,759 | |
| Profit (loss) for the period before taxes | 9903 | €468,308 | €172,020 | -€296,288 | -63.3% |
| Income taxes | 67/77 | €70,000 | €55,670 | -€14,330 | -20.5% |
| Profit (loss) for the period | 9904 | €398,308 | €116,349 | -€281,958 | -70.8% |
| Profit (loss) for the period to be appropriated | 9905 | €398,308 | €116,349 | -€281,958 | -70.8% |
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 16 October 2026 via checked.be.