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ConstrucToon: 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.

What changed

ConstrucToon

BE 0795.316.856
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€35,429
2024 · €33,252+€2,177
Equity
€101,780
2024 · €66,351+€35,429
Cash
€19,392
2024 · €22,584-€3,192
Balance sheet total
€108,364
2024 · €71,832+€36,531

Largest movements

2024 to 2025
Assets
  • Receivables after one year +€52,000

    up €52,000 (+200.0%), from €26,000 to €78,000

  • Receivables within one year -€9,680

    down €9,680 (-50.0%), from €19,360 to €9,680

  • Cash -€3,192

    down €3,192 (-14.1%), from €22,584 to €19,392

    mainly Receivables after one year (-€52,000) and Trade debts (-€399)

  • Tangible fixed assets -€2,597

    down €2,597 (-74.4%), from €3,489 to €892

    of which Plant, machinery and equipment: -€1,396

Equity and liabilities
  • Reserves +€35,429

    up €35,429 (+55.9%), from €63,351 to €98,780

  • Tax, wage and social debts +€1,507

    up €1,507 (+52.9%), from €2,849 to €4,356

Income statement
  • Gross operating margin +€2,159

    up €2,159 (+4.4%), from €48,617 to €50,776

  • Financial income +€748

    up €748 (+109.5%), from €682 to €1,430

  • Taxes +€664

    up €664 (+5.0%), from €13,281 to €13,946

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €33,252
Gross operating margin +€2,159
Depreciation +€8
Other operating charges -€37
Financial income +€748
Financial charges -€36
Taxes -€664
Result 2025 €35,429

Cash bridge derived

cash 2024 to 2025

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.

From operations -€3,192
Investment €0
Financing €0
Cash 2024 €22,584
Net result for the year +€35,429
Depreciation +€2,597
Receivables after one year -€52,000
Receivables within one year +€9,680
Trade debts -€399
Tax, wage and social debts +€1,507
Other debts -€6
Cash 2025 €19,392
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €71,832 €108,364 +€36,531 +50.9%
Fixed assets 21/28 €3,889 €1,292 -€2,597 -66.8%
Tangible fixed assets 22/27 €3,489 €892 -€2,597 -74.4%
Plant, machinery and equipment 23 €1,396 - -€1,396
Furniture and vehicles 24 €2,093 €892 -€1,201 -57.4%
Financial fixed assets 28 €400 €400 = 0.0%
Current assets 29/58 €67,944 €107,072 +€39,128 +57.6%
Amounts receivable after more than one year 29 €26,000 €78,000 +€52,000 +200.0%
Other amounts receivable 291 €26,000 €78,000 +€52,000 +200.0%
Amounts receivable within one year 40/41 €19,360 €9,680 -€9,680 -50.0%
Trade receivables 40 €19,360 €9,680 -€9,680 -50.0%
Cash at bank and in hand 54/58 €22,584 €19,392 -€3,192 -14.1%
Total equity and liabilities 10/49 €71,832 €108,364 +€36,531 +50.9%
Equity 10/15 €66,351 €101,780 +€35,429 +53.4%
Contributions 10/11 €3,000 €3,000 = 0.0%
Reserves 13 €63,351 €98,780 +€35,429 +55.9%
Distributable reserves 133 €63,351 €98,780 +€35,429 +55.9%
Amounts payable 17/49 €5,481 €6,584 +€1,103 +20.1%
Amounts payable within one year 42/48 €5,481 €6,584 +€1,103 +20.1%
Trade debts 44 €2,572 €2,173 -€399 -15.5%
Suppliers 440/4 €2,572 €2,173 -€399 -15.5%
Taxes, remuneration and social security 45 €2,849 €4,356 +€1,507 +52.9%
Taxes 450/3 €2,849 €4,356 +€1,507 +52.9%
Other amounts payable 47/48 €61 €55 -€6 -9.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,604 €2,597 -€8 -0.3%
Other operating charges 640/8 €118 €155 +€37 +31.4%
Gross operating margin 9900 €48,617 €50,776 +€2,159 +4.4%
Operating profit (loss) 9901 €45,894 €48,024 +€2,129 +4.6%
Financial income 75/76B €682 €1,430 +€748 +109.5%
Recurring financial income 75 €682 €1,430 +€748 +109.5%
Financial charges 65/66B €44 €79 +€36 +82.6%
Recurring financial charges 65 €44 €79 +€36 +82.6%
Profit (loss) for the period before taxes 9903 €46,533 €49,374 +€2,841 +6.1%
Income taxes 67/77 €13,281 €13,946 +€664 +5.0%
Profit (loss) for the period 9904 €33,252 €35,429 +€2,177 +6.5%
Profit (loss) for the period to be appropriated 9905 €33,252 €35,429 +€2,177 +6.5%

Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.