CONSTRUCTION WALLONIE PICARDE: 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 WALLONIE PICARDE
Largest movements
- Cash -€7,826
down €7,826 (-91.9%), from €8,513 to €687
mainly Investment in fixed assets (net) (-€5,941) and Net result for the year (-€5,941)
- Tangible fixed assets +€2,516
up €2,516 (+18.1%), from €13,868 to €16,384
of which Furniture and vehicles: +€4,792
- Profit (loss) carried forward -€5,941
down €5,941 (-22.4%), from -€26,525 to -€32,466
- Trade debts +€726
up €726 (+176%), from €413 to €1,140
- Purchases and services +€250
up €250 (+3.7%), from €6,771 to €7,021
- Depreciation -€186
down €186 (-5.2%), from €3,611 to €3,424
- Gross operating margin +€154
up €154 (+9.1%), from -€1,695 to -€1,541
- Other operating charges +€116
up €116 (+22.5%), from €515 to €630
- Financial charges -€20
down €20 (-30.8%), from €65 to €45
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 | €43,694 | €38,627 | -€5,067 | -11.6% |
| Fixed assets | 21/28 | €13,908 | €16,424 | +€2,516 | +18.1% |
| Tangible fixed assets | 22/27 | €13,868 | €16,384 | +€2,516 | +18.1% |
| Plant, machinery and equipment | 23 | €12,616 | €10,341 | -€2,276 | -18.0% |
| Furniture and vehicles | 24 | €1,251 | €6,044 | +€4,792 | +383% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €29,787 | €22,203 | -€7,584 | -25.5% |
| Amounts receivable within one year | 40/41 | €20,729 | €20,733 | +€4 | 0.0% |
| Trade receivables | 40 | €1,246 | €1,392 | +€146 | +11.7% |
| Other amounts receivable | 41 | €19,482 | €19,341 | -€142 | -0.7% |
| Cash at bank and in hand | 54/58 | €8,513 | €687 | -€7,826 | -91.9% |
| Deferred charges and accrued income | 490/1 | €546 | €783 | +€238 | +43.6% |
| Total equity and liabilities | 10/49 | €43,694 | €38,627 | -€5,067 | -11.6% |
| Equity | 10/15 | €41,675 | €35,734 | -€5,941 | -14.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,525 | -€32,466 | -€5,941 | -22.4% |
| Amounts payable | 17/49 | €2,020 | €2,893 | +€873 | +43.2% |
| Amounts payable after more than one year | 17 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 178/9 | €1,500 | €1,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €520 | €1,393 | +€873 | +168% |
| Trade debts | 44 | €413 | €1,140 | +€726 | +176% |
| Suppliers | 440/4 | €413 | €1,140 | +€726 | +176% |
| Taxes, remuneration and social security | 45 | €107 | €253 | +€147 | +138% |
| Taxes | 450/3 | €107 | €253 | +€147 | +138% |
| Non-recurring operating income | 76A | €2,026 | €154 | -€1,873 | -92.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €6,771 | €7,021 | +€250 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,611 | €3,424 | -€186 | -5.2% |
| Other operating charges | 640/8 | €515 | €630 | +€116 | +22.5% |
| Non-recurring operating charges | 66A | €455 | €300 | -€155 | -34.0% |
| Gross operating margin | 9900 | -€1,695 | -€1,541 | +€154 | +9.1% |
| Operating profit (loss) | 9901 | -€6,275 | -€5,896 | +€379 | +6.0% |
| Financial charges | 65/66B | €65 | €45 | -€20 | -30.8% |
| Recurring financial charges | 65 | €65 | €45 | -€20 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,340 | -€5,941 | +€399 | +6.3% |
| Profit (loss) for the period | 9904 | -€6,340 | -€5,941 | +€399 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,340 | -€5,941 | +€399 | +6.3% |
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 28 October 2026 via checked.be.