CONSTRUKTON: 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.
CONSTRUKTON
Largest movements
- Receivables within one year +€370,295
up €370,295 (+115%), from €323,259 to €693,553
of which Trade receivables: +€357,699
- Cash +€301,549
up €301,549 (+264%), from €114,045 to €415,594
mainly Net result for the year (+€409,797) and Trade debts (+€183,053)
- Reserves +€408,390
up €408,390 (+225%), from €181,860 to €590,250
of which Tax-exempt reserves: +€248,390
- Trade debts +€183,053
up €183,053 (+227%), from €80,804 to €263,856
of which Suppliers: +€182,511
- Other debts +€60,710
up €60,710 (+200%), from €30,378 to €91,088
- Accrued charges and deferred income +€16,643
up €16,643 (+2,327%), from €715 to €17,358
- Gross operating margin +€312,348
up €312,348 (+110%), from €285,125 to €597,474
- Taxes +€65,843
up €65,843 (+78.9%), from €83,465 to €149,309
- Financial charges +€18,261
up €18,261 (+122%), from €14,982 to €33,242
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 | €445,829 | €1,120,575 | +€674,746 | +151% |
| Fixed assets | 21/28 | €7,090 | €7,004 | -€86 | -1.2% |
| Tangible fixed assets | 22/27 | €7,090 | €7,004 | -€86 | -1.2% |
| Plant, machinery and equipment | 23 | - | €358 | +€358 | |
| Furniture and vehicles | 24 | €7,090 | €6,646 | -€444 | -6.3% |
| Current assets | 29/58 | €438,739 | €1,113,572 | +€674,833 | +154% |
| Amounts receivable within one year | 40/41 | €323,259 | €693,553 | +€370,295 | +115% |
| Trade receivables | 40 | €275,510 | €633,208 | +€357,699 | +130% |
| Other amounts receivable | 41 | €47,749 | €60,345 | +€12,596 | +26.4% |
| Cash at bank and in hand | 54/58 | €114,045 | €415,594 | +€301,549 | +264% |
| Deferred charges and accrued income | 490/1 | €1,435 | €4,424 | +€2,989 | +208% |
| Total equity and liabilities | 10/49 | €445,829 | €1,120,575 | +€674,746 | +151% |
| Equity | 10/15 | €285,667 | €695,464 | +€409,797 | +143% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €181,860 | €590,250 | +€408,390 | +225% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €248,390 | +€248,390 | |
| Distributable reserves | 133 | €180,000 | €340,000 | +€160,000 | +88.9% |
| Profit (loss) carried forward | 14 | €97,607 | €99,014 | +€1,407 | +1.4% |
| Amounts payable | 17/49 | €160,162 | €425,111 | +€264,949 | +165% |
| Amounts payable within one year | 42/48 | €159,447 | €407,753 | +€248,306 | +156% |
| Trade debts | 44 | €80,804 | €263,856 | +€183,053 | +227% |
| Suppliers | 440/4 | €80,804 | €263,314 | +€182,511 | +226% |
| Bills of exchange payable | 441 | - | €542 | +€542 | |
| Taxes, remuneration and social security | 45 | €48,265 | €52,809 | +€4,543 | +9.4% |
| Taxes | 450/3 | €48,265 | €48,809 | +€543 | +1.1% |
| Remuneration and social security | 454/9 | - | €4,000 | +€4,000 | |
| Other amounts payable | 47/48 | €30,378 | €91,088 | +€60,710 | +200% |
| Accrued charges and deferred income | 492/3 | €715 | €17,358 | +€16,643 | +2,327% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,435 | €3,972 | +€537 | +15.6% |
| Other operating charges | 640/8 | €2,342 | €2,549 | +€207 | +8.8% |
| Gross operating margin | 9900 | €285,125 | €597,474 | +€312,348 | +110% |
| Operating profit (loss) | 9901 | €279,348 | €590,953 | +€311,604 | +112% |
| Financial income | 75/76B | €1,326 | €1,396 | +€70 | +5.3% |
| Recurring financial income | 75 | €1,326 | €1,396 | +€70 | +5.3% |
| Financial charges | 65/66B | €14,982 | €33,242 | +€18,261 | +122% |
| Recurring financial charges | 65 | €14,982 | €33,242 | +€18,261 | +122% |
| Profit (loss) for the period before taxes | 9903 | €265,693 | €559,106 | +€293,413 | +110% |
| Income taxes | 67/77 | €83,465 | €149,309 | +€65,843 | +78.9% |
| Profit (loss) for the period | 9904 | €182,227 | €409,797 | +€227,570 | +125% |
| Transfer to tax-exempt reserves | 689 | - | €248,390 | +€248,390 | |
| Profit (loss) for the period to be appropriated | 9905 | €182,227 | €161,407 | -€20,820 | -11.4% |
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 21 October 2026 via checked.be.