CONSTRUIBEL: 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.
CONSTRUIBEL
Largest movements
- Cash -€27,024
down €27,024 (-82.4%), from €32,810 to €5,787
mainly Net result for the year (-€30,023) and Trade debts (-€22,456)
- Tangible fixed assets -€18,315
down €18,315 (-8.2%), from €222,015 to €203,700
- Profit (loss) carried forward -€30,023
down €30,023 (-41.4%), from €72,509 to €42,487
- Trade debts -€22,456
no longer reported in 2025 (was €22,456)
- Debts after one year +€6,500
up €6,500 (+3.9%), from €165,000 to €171,500
- Gross operating margin +€2,864
up €2,864 (+25.8%), from -€11,087 to -€8,223
- Financial charges -€1,721
down €1,721 (-74.9%), from €2,297 to €576
- Other operating charges +€207
up €207 (+7.7%), from €2,701 to €2,909
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 | €296,265 | €250,287 | -€45,978 | -15.5% |
| Fixed assets | 21/28 | €262,015 | €243,700 | -€18,315 | -7.0% |
| Tangible fixed assets | 22/27 | €222,015 | €203,700 | -€18,315 | -8.2% |
| Land and buildings | 22 | €222,015 | €203,700 | -€18,315 | -8.2% |
| Financial fixed assets | 28 | €40,000 | €40,000 | = | 0.0% |
| Current assets | 29/58 | €34,250 | €6,587 | -€27,663 | -80.8% |
| Amounts receivable within one year | 40/41 | €1,440 | - | -€1,440 | |
| Trade receivables | 40 | €1,440 | - | -€1,440 | |
| Cash at bank and in hand | 54/58 | €32,810 | €5,787 | -€27,024 | -82.4% |
| Deferred charges and accrued income | 490/1 | - | €800 | +€800 | |
| Total equity and liabilities | 10/49 | €296,265 | €250,287 | -€45,978 | -15.5% |
| Equity | 10/15 | €108,809 | €78,787 | -€30,023 | -27.6% |
| Contributions | 10/11 | €33,000 | €33,000 | = | 0.0% |
| Capital | 10 | €33,000 | - | -€33,000 | |
| Issued capital | 100 | €33,000 | - | -€33,000 | |
| Outside capital | 11 | - | €33,000 | +€33,000 | |
| Other | 1109/19 | - | €33,000 | +€33,000 | |
| Reserves | 13 | €3,300 | €3,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,300 | €3,300 | = | 0.0% |
| Legal reserve | 130 | €3,300 | - | -€3,300 | |
| Reserves not available under the articles | 1311 | - | €3,300 | +€3,300 | |
| Profit (loss) carried forward | 14 | €72,509 | €42,487 | -€30,023 | -41.4% |
| Amounts payable | 17/49 | €187,456 | €171,500 | -€15,956 | -8.5% |
| Amounts payable after more than one year | 17 | €165,000 | €171,500 | +€6,500 | +3.9% |
| Other amounts payable | 178/9 | €165,000 | €171,500 | +€6,500 | +3.9% |
| Amounts payable within one year | 42/48 | €22,456 | - | -€22,456 | |
| Trade debts | 44 | €22,456 | - | -€22,456 | |
| Suppliers | 440/4 | €22,456 | - | -€22,456 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,315 | €18,315 | = | 0.0% |
| Other operating charges | 640/8 | €2,701 | €2,909 | +€207 | +7.7% |
| Gross operating margin | 9900 | -€11,087 | -€8,223 | +€2,864 | +25.8% |
| Operating profit (loss) | 9901 | -€32,104 | -€29,447 | +€2,657 | +8.3% |
| Financial charges | 65/66B | €2,297 | €576 | -€1,721 | -74.9% |
| Recurring financial charges | 65 | €2,297 | €576 | -€1,721 | -74.9% |
| Profit (loss) for the period before taxes | 9903 | -€34,400 | -€30,023 | +€4,378 | +12.7% |
| Profit (loss) for the period | 9904 | -€34,400 | -€30,023 | +€4,378 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,400 | -€30,023 | +€4,378 | +12.7% |
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 29 September 2026 via checked.be.