Constructon: 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.
Constructon
Largest movements
- Receivables after one year -€15,533
down €15,533 (-47.8%), from €32,515 to €16,982
- Cash +€13,012
up €13,012 (+58.5%), from €22,228 to €35,240
mainly Net result for the year (+€27,756) and Other debts (+€25,005)
- Receivables within one year -€2,855
down €2,855 (-15.3%), from €18,710 to €15,855
of which Other amounts receivable: -€2,843
- Tangible fixed assets +€1,758
up €1,758 (+79.1%), from €2,222 to €3,979
of which Furniture and vehicles: +€2,274
- Reserves -€27,837
down €27,837 (-83.2%), from €33,461 to €5,624
- Other debts +€25,005
up €25,005 (+81.7%), from €30,588 to €55,593
- Trade debts -€847
down €847 (-39.5%), from €2,142 to €1,295
- Gross operating margin +€42,061
up €42,061, from -€377 to €41,684
- Taxes +€8,636
up €8,636 (+550.8%), from €1,568 to €10,204
- Depreciation +€634
up €634 (+177.3%), from €358 to €991
- Financial income -€420
down €420 (-46.3%), from €906 to €486
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 | €77,151 | €73,655 | -€3,496 | -4.5% |
| Fixed assets | 21/28 | €2,522 | €4,279 | +€1,758 | +69.7% |
| Tangible fixed assets | 22/27 | €2,222 | €3,979 | +€1,758 | +79.1% |
| Plant, machinery and equipment | 23 | €2,222 | €1,706 | -€516 | -23.2% |
| Furniture and vehicles | 24 | - | €2,274 | +€2,274 | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €74,629 | €69,375 | -€5,254 | -7.0% |
| Amounts receivable after more than one year | 29 | €32,515 | €16,982 | -€15,533 | -47.8% |
| Other amounts receivable | 291 | €32,515 | €16,982 | -€15,533 | -47.8% |
| Amounts receivable within one year | 40/41 | €18,710 | €15,855 | -€2,855 | -15.3% |
| Trade receivables | 40 | €14,066 | €14,054 | -€12 | -0.1% |
| Other amounts receivable | 41 | €4,644 | €1,801 | -€2,843 | -61.2% |
| Cash at bank and in hand | 54/58 | €22,228 | €35,240 | +€13,012 | +58.5% |
| Deferred charges and accrued income | 490/1 | €1,177 | €1,298 | +€122 | +10.3% |
| Total equity and liabilities | 10/49 | €77,151 | €73,655 | -€3,496 | -4.5% |
| Equity | 10/15 | €35,461 | €7,624 | -€27,837 | -78.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €33,461 | €5,624 | -€27,837 | -83.2% |
| Distributable reserves | 133 | €33,461 | €5,624 | -€27,837 | -83.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €41,690 | €66,030 | +€24,341 | +58.4% |
| Amounts payable within one year | 42/48 | €41,690 | €66,030 | +€24,341 | +58.4% |
| Financial debts | 43 | €10 | €121 | +€111 | +1136.8% |
| Credit institutions | 430/8 | €10 | €121 | +€111 | +1136.8% |
| Trade debts | 44 | €2,142 | €1,295 | -€847 | -39.5% |
| Suppliers | 440/4 | €2,142 | €1,295 | -€847 | -39.5% |
| Taxes, remuneration and social security | 45 | €8,950 | €9,021 | +€71 | +0.8% |
| Taxes | 450/3 | €8,950 | €9,021 | +€71 | +0.8% |
| Other amounts payable | 47/48 | €30,588 | €55,593 | +€25,005 | +81.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €358 | €991 | +€634 | +177.3% |
| Other operating charges | 640/8 | €848 | €851 | +€4 | +0.4% |
| Gross operating margin | 9900 | -€377 | €41,684 | +€42,061 | |
| Operating profit (loss) | 9901 | -€1,582 | €39,841 | +€41,424 | |
| Financial income | 75/76B | €906 | €486 | -€420 | -46.3% |
| Recurring financial income | 75 | €906 | €486 | -€420 | -46.3% |
| Financial charges | 65/66B | €2,534 | €2,367 | -€167 | -6.6% |
| Recurring financial charges | 65 | €2,534 | €2,367 | -€167 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,210 | €37,960 | +€41,171 | |
| Income taxes | 67/77 | €1,568 | €10,204 | +€8,636 | +550.8% |
| Profit (loss) for the period | 9904 | -€4,778 | €27,756 | +€32,535 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,778 | €27,756 | +€32,535 |
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 9 October 2026 via checked.be.