CONSTRUCTUM RENO: 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.
CONSTRUCTUM RENO
Largest movements
- Cash -€61,995
down €61,995 (-57.4%), from €108,093 to €46,099
mainly Contributions, distributions and other (-€132,706) and Receivables within one year (-€51,227)
- Receivables within one year +€51,227
up €51,227 (+169.6%), from €30,197 to €81,424
of which Trade receivables: +€37,369
- Deferred charges and accrued income +€6,383
up €6,383 (+118414.7%), from €5 to €6,388
- Profit (loss) carried forward -€40,175
down €40,175 (-30.3%), from €132,706 to €92,531
- Other debts +€21,086
up €21,086 (+584.0%), from €3,611 to €24,696
- Tax, wage and social debts +€10,363
up €10,363 (+183.2%), from €5,658 to €16,022
- Trade debts +€3,463
new in 2025: €3,463
- Gross operating margin -€18,696
down €18,696 (-13.3%), from €140,762 to €122,066
- Taxes -€2,572
down €2,572 (-9.1%), from €28,222 to €25,650
- Depreciation +€1,628
up €1,628 (+96.6%), from €1,684 to €3,312
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 | €144,975 | €140,022 | -€4,953 | -3.4% |
| Formation expenses | 20 | €404 | €216 | -€188 | -46.6% |
| Fixed assets | 21/28 | €6,275 | €5,896 | -€379 | -6.0% |
| Tangible fixed assets | 22/27 | €6,275 | €5,896 | -€379 | -6.0% |
| Plant, machinery and equipment | 23 | €4,727 | €5,063 | +€336 | +7.1% |
| Furniture and vehicles | 24 | €1,548 | €833 | -€715 | -46.2% |
| Current assets | 29/58 | €138,296 | €133,911 | -€4,385 | -3.2% |
| Amounts receivable within one year | 40/41 | €30,197 | €81,424 | +€51,227 | +169.6% |
| Trade receivables | 40 | €17,612 | €54,981 | +€37,369 | +212.2% |
| Other amounts receivable | 41 | €12,585 | €26,443 | +€13,858 | +110.1% |
| Cash at bank and in hand | 54/58 | €108,093 | €46,099 | -€61,995 | -57.4% |
| Deferred charges and accrued income | 490/1 | €5 | €6,388 | +€6,383 | +118414.7% |
| Total equity and liabilities | 10/49 | €144,975 | €140,022 | -€4,953 | -3.4% |
| Equity | 10/15 | €135,706 | €95,531 | -€40,175 | -29.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €132,706 | €92,531 | -€40,175 | -30.3% |
| Amounts payable | 17/49 | €9,269 | €44,491 | +€35,222 | +380.0% |
| Amounts payable within one year | 42/48 | €9,269 | €44,491 | +€35,222 | +380.0% |
| Financial debts | 43 | - | €310 | +€310 | |
| Credit institutions | 430/8 | - | €310 | +€310 | |
| Trade debts | 44 | - | €3,463 | +€3,463 | |
| Suppliers | 440/4 | - | €3,463 | +€3,463 | |
| Taxes, remuneration and social security | 45 | €5,658 | €16,022 | +€10,363 | +183.2% |
| Taxes | 450/3 | €5,658 | €16,022 | +€10,363 | +183.2% |
| Other amounts payable | 47/48 | €3,611 | €24,696 | +€21,086 | +584.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,684 | €3,312 | +€1,628 | +96.6% |
| Other operating charges | 640/8 | €141 | €572 | +€432 | +307.3% |
| Gross operating margin | 9900 | €140,762 | €122,066 | -€18,696 | -13.3% |
| Operating profit (loss) | 9901 | €138,937 | €118,181 | -€20,755 | -14.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €95 | €0 | -€95 | -99.9% |
| Recurring financial charges | 65 | €95 | €0 | -€95 | -99.9% |
| Profit (loss) for the period before taxes | 9903 | €138,841 | €118,181 | -€20,660 | -14.9% |
| Income taxes | 67/77 | €28,222 | €25,650 | -€2,572 | -9.1% |
| Profit (loss) for the period | 9904 | €110,619 | €92,531 | -€18,088 | -16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €110,619 | €92,531 | -€18,088 | -16.4% |
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 11 October 2026 via checked.be.