CONSTRUCTOITURES: 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.
CONSTRUCTOITURES
Largest movements
- Stocks and contracts -€263,917
down €263,917 (-75.1%), from €351,322 to €87,405
- Tangible fixed assets -€111,342
down €111,342 (-20.7%), from €537,004 to €425,662
of which Leasing and similar rights: -€98,938
- Receivables within one year -€72,348
down €72,348 (-18.0%), from €400,950 to €328,602
of which Trade receivables: -€146,769
- Formation expenses +€60,865
new in 2024: €60,865
- Deferred charges and accrued income +€35,656
up €35,656 (+88.0%), from €40,503 to €76,159
- Profit (loss) carried forward -€229,233
down €229,233 (-90.5%), from €253,339 to €24,106
- Debts after one year -€83,318
down €83,318 (-23.4%), from €356,483 to €273,165
- Trade debts -€52,996
down €52,996 (-11.6%), from €455,087 to €402,091
- Tax, wage and social debts +€39,233
up €39,233 (+21.3%), from €184,022 to €223,255
of which Remuneration and social security: +€52,735
- Gross operating margin -€236,203
down €236,203 (-18.2%), from €1.3m to €1.1m
- Staff costs +€82,331
up €82,331 (+8.0%), from €1.0m to €1.1m
- Financial charges -€47,194
down €47,194 (-56.7%), from €83,298 to €36,104
of which Financial charges: -€42,161
- Other operating charges -€21,431
down €21,431 (-78.7%), from €27,246 to €5,815
- Depreciation +€13,874
up €13,874 (+10.1%), from €137,355 to €151,228
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,547,686 | €1,217,533 | -€330,154 | -21.3% |
| Formation expenses | 20 | - | €60,865 | +€60,865 | |
| Fixed assets | 21/28 | €605,423 | €483,764 | -€121,658 | -20.1% |
| Intangible fixed assets | 21 | €66,986 | €56,670 | -€10,316 | -15.4% |
| Tangible fixed assets | 22/27 | €537,004 | €425,662 | -€111,342 | -20.7% |
| Land and buildings | 22 | €10,000 | €15,534 | +€5,534 | +55.3% |
| Plant, machinery and equipment | 23 | €56,345 | €45,231 | -€11,115 | -19.7% |
| Furniture and vehicles | 24 | €55,739 | €49,366 | -€6,374 | -11.4% |
| Leasing and similar rights | 25 | €414,058 | €315,120 | -€98,938 | -23.9% |
| Other tangible fixed assets | 26 | €861 | €411 | -€450 | -52.2% |
| Financial fixed assets | 28 | €1,433 | €1,433 | = | 0.0% |
| Current assets | 29/58 | €942,264 | €672,903 | -€269,360 | -28.6% |
| Amounts receivable after more than one year | 29 | €140,000 | €140,000 | = | 0.0% |
| Trade receivables | 290 | €140,000 | €140,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €351,322 | €87,405 | -€263,917 | -75.1% |
| Stocks | 30/36 | €351,322 | €87,405 | -€263,917 | -75.1% |
| Amounts receivable within one year | 40/41 | €400,950 | €328,602 | -€72,348 | -18.0% |
| Trade receivables | 40 | €281,712 | €134,943 | -€146,769 | -52.1% |
| Other amounts receivable | 41 | €119,238 | €193,658 | +€74,421 | +62.4% |
| Cash at bank and in hand | 54/58 | €9,488 | €40,737 | +€31,249 | +329.3% |
| Deferred charges and accrued income | 490/1 | €40,503 | €76,159 | +€35,656 | +88.0% |
| Total equity and liabilities | 10/49 | €1,547,686 | €1,217,533 | -€330,154 | -21.3% |
| Equity | 10/15 | €387,315 | €158,082 | -€229,233 | -59.2% |
| Contributions | 10/11 | €10,226 | €10,226 | = | 0.0% |
| Reserves | 13 | €123,750 | €123,750 | = | 0.0% |
| Distributable reserves | 133 | €123,750 | €123,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €253,339 | €24,106 | -€229,233 | -90.5% |
| Amounts payable | 17/49 | €1,160,372 | €1,059,451 | -€100,921 | -8.7% |
| Amounts payable after more than one year | 17 | €356,483 | €273,165 | -€83,318 | -23.4% |
| Financial debts | 170/4 | €356,483 | €273,165 | -€83,318 | -23.4% |
| Amounts payable within one year | 42/48 | €803,888 | €786,286 | -€17,603 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €109,634 | €101,677 | -€7,957 | -7.3% |
| Financial debts | 43 | €51,725 | €59,263 | +€7,538 | +14.6% |
| Credit institutions | 430/8 | €51,725 | €59,263 | +€7,538 | +14.6% |
| Trade debts | 44 | €455,087 | €402,091 | -€52,996 | -11.6% |
| Suppliers | 440/4 | €455,087 | €402,091 | -€52,996 | -11.6% |
| Taxes, remuneration and social security | 45 | €184,022 | €223,255 | +€39,233 | +21.3% |
| Taxes | 450/3 | €30,773 | €17,271 | -€13,502 | -43.9% |
| Remuneration and social security | 454/9 | €153,249 | €205,984 | +€52,735 | +34.4% |
| Other amounts payable | 47/48 | €3,420 | - | -€3,420 | |
| Non-recurring operating income | 76A | €1,000 | - | -€1,000 | |
| Remuneration, social security and pensions | 62 | €1,023,908 | €1,106,239 | +€82,331 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137,355 | €151,228 | +€13,874 | +10.1% |
| Other operating charges | 640/8 | €27,246 | €5,815 | -€21,431 | -78.7% |
| Non-recurring operating charges | 66A | €310 | €1,692 | +€1,382 | +445.8% |
| Gross operating margin | 9900 | €1,295,995 | €1,059,792 | -€236,203 | -18.2% |
| Operating profit (loss) | 9901 | €107,176 | -€205,184 | -€312,359 | |
| Financial income | 75/76B | €7,525 | €12,183 | +€4,658 | +61.9% |
| Recurring financial income | 75 | €7,525 | €12,183 | +€4,658 | +61.9% |
| Financial charges | 65/66B | €83,298 | €36,104 | -€47,194 | -56.7% |
| Recurring financial charges | 65 | €72,468 | €30,307 | -€42,161 | -58.2% |
| Non-recurring financial charges | 66B | €10,831 | €5,798 | -€5,033 | -46.5% |
| Profit (loss) for the period before taxes | 9903 | €31,402 | -€229,105 | -€260,507 | |
| Income taxes | 67/77 | €13,907 | €128 | -€13,779 | -99.1% |
| Profit (loss) for the period | 9904 | €17,495 | -€229,233 | -€246,728 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,495 | -€229,233 | -€246,728 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.