CONSTRUCTIONS COUPE FEU: 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.
CONSTRUCTIONS COUPE FEU
Largest movements
- Receivables within one year +€153,395
up €153,395 (+244%), from €62,759 to €216,154
of which Trade receivables: +€140,595
- Stocks and contracts -€99,850
down €99,850 (-52.5%), from €190,238 to €90,388
of which Contracts in progress: -€54,600
- Tangible fixed assets -€7,747
down €7,747 (-8.6%), from €90,356 to €82,610
of which Assets under construction and advance payments: -€12,128
- Trade debts +€57,099
up €57,099 (+78.4%), from €72,827 to €129,926
- Profit (loss) carried forward -€14,801
down €14,801 (-21.1%), from €70,070 to €55,269
- Debts after one year -€4,861
down €4,861 (-24.9%), from €19,507 to €14,646
- Purchases and services -€643,898
no longer reported in 2025 (was €643,898)
- Staff costs -€40,533
down €40,533 (-26.3%), from €154,386 to €113,852
- Gross operating margin -€26,486
down €26,486 (-14.6%), from €181,441 to €154,955
- Depreciation +€3,171
up €3,171 (+28.5%), from €11,122 to €14,293
- Taxes +€3,003
up €3,003 (+110%), from €2,730 to €5,733
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 | €353,974 | €397,156 | +€43,182 | +12.2% |
| Fixed assets | 21/28 | €90,356 | €82,610 | -€7,747 | -8.6% |
| Tangible fixed assets | 22/27 | €90,356 | €82,610 | -€7,747 | -8.6% |
| Land and buildings | 22 | €39,726 | €34,803 | -€4,922 | -12.4% |
| Plant, machinery and equipment | 23 | €38,503 | €47,806 | +€9,303 | +24.2% |
| Assets under construction and advance payments | 27 | €12,128 | €0 | -€12,128 | -100% |
| Current assets | 29/58 | €263,617 | €314,546 | +€50,929 | +19.3% |
| Stocks and contracts in progress | 3 | €190,238 | €90,388 | -€99,850 | -52.5% |
| Stocks | 30/36 | €110,238 | €64,988 | -€45,250 | -41.0% |
| Contracts in progress | 37 | €80,000 | €25,400 | -€54,600 | -68.3% |
| Amounts receivable within one year | 40/41 | €62,759 | €216,154 | +€153,395 | +244% |
| Trade receivables | 40 | €58,799 | €199,393 | +€140,595 | +239% |
| Other amounts receivable | 41 | €3,960 | €16,760 | +€12,800 | +323% |
| Cash at bank and in hand | 54/58 | €10,620 | €8,005 | -€2,616 | -24.6% |
| Total equity and liabilities | 10/49 | €353,974 | €397,156 | +€43,182 | +12.2% |
| Equity | 10/15 | €108,332 | €93,531 | -€14,801 | -13.7% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €13,472 | €13,472 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €10,994 | €10,994 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,070 | €55,269 | -€14,801 | -21.1% |
| Amounts payable | 17/49 | €245,642 | €303,625 | +€57,983 | +23.6% |
| Amounts payable after more than one year | 17 | €19,507 | €14,646 | -€4,861 | -24.9% |
| Financial debts | 170/4 | €19,507 | €14,646 | -€4,861 | -24.9% |
| Amounts payable within one year | 42/48 | €226,135 | €288,979 | +€62,844 | +27.8% |
| Current portion of amounts payable after more than one year | 42 | €11,191 | €13,283 | +€2,091 | +18.7% |
| Trade debts | 44 | €72,827 | €129,926 | +€57,099 | +78.4% |
| Suppliers | 440/4 | €72,827 | €129,926 | +€57,099 | +78.4% |
| Taxes, remuneration and social security | 45 | €15,843 | €19,496 | +€3,653 | +23.1% |
| Taxes | 450/3 | €3,327 | €6,284 | +€2,957 | +88.9% |
| Remuneration and social security | 454/9 | €12,516 | €13,212 | +€696 | +5.6% |
| Other amounts payable | 47/48 | €126,274 | €126,274 | = | 0.0% |
| Non-recurring operating income | 76A | €6,332 | - | -€6,332 | |
| Goods, raw materials, services and sundry goods | 60/61 | €643,898 | - | -€643,898 | |
| Remuneration, social security and pensions | 62 | €154,386 | €113,852 | -€40,533 | -26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,122 | €14,293 | +€3,171 | +28.5% |
| Other operating charges | 640/8 | €3,363 | €2,985 | -€377 | -11.2% |
| Gross operating margin | 9900 | €181,441 | €154,955 | -€26,486 | -14.6% |
| Operating profit (loss) | 9901 | €12,571 | €23,825 | +€11,254 | +89.5% |
| Financial income | 75/76B | €198 | - | -€198 | |
| Recurring financial income | 75 | €198 | - | -€198 | |
| Financial charges | 65/66B | €1,774 | €1,992 | +€219 | +12.3% |
| Recurring financial charges | 65 | €1,774 | €1,992 | +€219 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | €10,995 | €21,833 | +€10,837 | +98.6% |
| Income taxes | 67/77 | €2,730 | €5,733 | +€3,003 | +110% |
| Profit (loss) for the period | 9904 | €8,265 | €16,099 | +€7,834 | +94.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,265 | €16,099 | +€7,834 | +94.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.