ConstruForm: 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.
ConstruForm
Largest movements
- Cash +€34,536
up €34,536 (+41.0%), from €84,185 to €118,721
mainly Contributions, distributions and other (+€22,002) and Net result for the year (+€16,200)
- Receivables within one year -€7,002
down €7,002 (-11.4%), from €61,196 to €54,194
of which Trade receivables: -€33,835
- Deferred charges and accrued income -€3,646
down €3,646 (-45.6%), from €7,990 to €4,344
- Tangible fixed assets -€2,636
down €2,636 (-34.4%), from €7,661 to €5,025
of which Plant, machinery and equipment: -€2,433
- Profit (loss) carried forward +€22,002
up €22,002, from -€22,002 to €0
- Reserves +€16,200
up €16,200 (+10.2%), from €158,154 to €174,354
- Trade debts -€13,618
down €13,618 (-91.8%), from €14,826 to €1,209
- Tax, wage and social debts -€2,287
down €2,287 (-58.5%), from €3,907 to €1,620
- Gross operating margin +€14,772
up €14,772 (+89.3%), from €16,544 to €31,316
- Taxes +€6,782
up €6,782 (+162%), from €4,176 to €10,958
- Financial income +€1,651
new in 2025: €1,651
- Other operating charges +€587
up €587 (+61.4%), from €956 to €1,543
- Financial charges -€349
down €349 (-17.6%), from €1,978 to €1,629
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 | €161,032 | €182,284 | +€21,252 | +13.2% |
| Fixed assets | 21/28 | €7,661 | €5,025 | -€2,636 | -34.4% |
| Tangible fixed assets | 22/27 | €7,661 | €5,025 | -€2,636 | -34.4% |
| Plant, machinery and equipment | 23 | €7,178 | €4,745 | -€2,433 | -33.9% |
| Furniture and vehicles | 24 | €483 | €280 | -€203 | -42.0% |
| Current assets | 29/58 | €153,371 | €177,259 | +€23,888 | +15.6% |
| Amounts receivable within one year | 40/41 | €61,196 | €54,194 | -€7,002 | -11.4% |
| Trade receivables | 40 | €45,374 | €11,539 | -€33,835 | -74.6% |
| Other amounts receivable | 41 | €15,821 | €42,655 | +€26,833 | +170% |
| Cash at bank and in hand | 54/58 | €84,185 | €118,721 | +€34,536 | +41.0% |
| Deferred charges and accrued income | 490/1 | €7,990 | €4,344 | -€3,646 | -45.6% |
| Total equity and liabilities | 10/49 | €161,032 | €182,284 | +€21,252 | +13.2% |
| Equity | 10/15 | €141,151 | €179,354 | +€38,203 | +27.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €158,154 | €174,354 | +€16,200 | +10.2% |
| Distributable reserves | 133 | €158,154 | €174,354 | +€16,200 | +10.2% |
| Profit (loss) carried forward | 14 | -€22,002 | €0 | +€22,002 | |
| Amounts payable | 17/49 | €19,881 | €2,930 | -€16,951 | -85.3% |
| Amounts payable within one year | 42/48 | €19,881 | €2,930 | -€16,951 | -85.3% |
| Trade debts | 44 | €14,826 | €1,209 | -€13,618 | -91.8% |
| Suppliers | 440/4 | €14,826 | €1,209 | -€13,618 | -91.8% |
| Taxes, remuneration and social security | 45 | €3,907 | €1,620 | -€2,287 | -58.5% |
| Taxes | 450/3 | €3,907 | €1,620 | -€2,287 | -58.5% |
| Other amounts payable | 47/48 | €1,148 | €102 | -€1,046 | -91.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,419 | €2,636 | +€217 | +9.0% |
| Other operating charges | 640/8 | €956 | €1,543 | +€587 | +61.4% |
| Non-recurring operating charges | 66A | €17 | €0 | -€17 | -100% |
| Gross operating margin | 9900 | €16,544 | €31,316 | +€14,772 | +89.3% |
| Operating profit (loss) | 9901 | €13,152 | €27,136 | +€13,984 | +106% |
| Financial income | 75/76B | - | €1,651 | +€1,651 | |
| Recurring financial income | 75 | - | €1,651 | +€1,651 | |
| Financial charges | 65/66B | €1,978 | €1,629 | -€349 | -17.6% |
| Recurring financial charges | 65 | €1,978 | €1,629 | -€349 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €11,174 | €27,158 | +€15,985 | +143% |
| Income taxes | 67/77 | €4,176 | €10,958 | +€6,782 | +162% |
| Profit (loss) for the period | 9904 | €6,998 | €16,200 | +€9,203 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €6,998 | €16,200 | +€9,203 | +132% |
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 16 October 2026 via checked.be.