CONSTRULUX: 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.
CONSTRULUX
Largest movements
- Tangible fixed assets -€6,784
down €6,784 (-5.6%), from €120,485 to €113,701
of which Land and buildings: -€3,618
- Cash +€4,732
up €4,732 (+5.8%), from €81,985 to €86,716
mainly Net result for the year (+€17,534) and Depreciation (+€6,784)
- Stocks and contracts -€2,914
down €2,914 (-5.2%), from €55,526 to €52,612
- Reserves +€17,534
up €17,534 (+10.2%), from €172,435 to €189,968
- Debts after one year -€12,941
down €12,941 (-40.4%), from €32,011 to €19,070
- Trade debts -€10,609
down €10,609 (-80.7%), from €13,140 to €2,530
- Gross operating margin -€4,471
down €4,471 (-10.3%), from €43,328 to €38,858
- Depreciation -€1,548
down €1,548 (-18.6%), from €8,333 to €6,784
- Financial income +€559
up €559 (+170.5%), from €328 to €887
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 | €267,910 | €263,094 | -€4,816 | -1.8% |
| Fixed assets | 21/28 | €120,485 | €113,701 | -€6,784 | -5.6% |
| Tangible fixed assets | 22/27 | €120,485 | €113,701 | -€6,784 | -5.6% |
| Land and buildings | 22 | €104,047 | €100,429 | -€3,618 | -3.5% |
| Plant, machinery and equipment | 23 | €11,020 | €8,740 | -€2,280 | -20.7% |
| Furniture and vehicles | 24 | €1,613 | €1,257 | -€357 | -22.1% |
| Other tangible fixed assets | 26 | €3,805 | €3,276 | -€529 | -13.9% |
| Current assets | 29/58 | €147,425 | €149,393 | +€1,968 | +1.3% |
| Stocks and contracts in progress | 3 | €55,526 | €52,612 | -€2,914 | -5.2% |
| Stocks | 30/36 | €55,526 | €52,612 | -€2,914 | -5.2% |
| Amounts receivable within one year | 40/41 | €7,171 | €8,438 | +€1,267 | +17.7% |
| Trade receivables | 40 | €3,103 | €4,300 | +€1,197 | +38.6% |
| Other amounts receivable | 41 | €4,068 | €4,138 | +€70 | +1.7% |
| Cash at bank and in hand | 54/58 | €81,985 | €86,716 | +€4,732 | +5.8% |
| Deferred charges and accrued income | 490/1 | €2,743 | €1,626 | -€1,117 | -40.7% |
| Total equity and liabilities | 10/49 | €267,910 | €263,094 | -€4,816 | -1.8% |
| Equity | 10/15 | €191,035 | €208,568 | +€17,534 | +9.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €172,435 | €189,968 | +€17,534 | +10.2% |
| Distributable reserves | 133 | €172,435 | €189,968 | +€17,534 | +10.2% |
| Provisions and deferred taxes | 16 | €8,250 | €8,250 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €8,250 | €8,250 | = | 0.0% |
| Major repairs and maintenance | 162 | €8,250 | €8,250 | = | 0.0% |
| Amounts payable | 17/49 | €68,625 | €46,275 | -€22,350 | -32.6% |
| Amounts payable after more than one year | 17 | €32,011 | €19,070 | -€12,941 | -40.4% |
| Financial debts | 170/4 | €32,011 | €19,070 | -€12,941 | -40.4% |
| Amounts payable within one year | 42/48 | €36,357 | €26,973 | -€9,384 | -25.8% |
| Current portion of amounts payable after more than one year | 42 | €13,359 | €13,360 | +€1 | 0.0% |
| Financial debts | 43 | €2,542 | €2,575 | +€33 | +1.3% |
| Credit institutions | 430/8 | €2,542 | €2,575 | +€33 | +1.3% |
| Trade debts | 44 | €13,140 | €2,530 | -€10,609 | -80.7% |
| Suppliers | 440/4 | €13,140 | €2,530 | -€10,609 | -80.7% |
| Advances received on contracts in progress | 46 | €2,680 | €2,680 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,337 | €5,527 | +€1,191 | +27.5% |
| Taxes | 450/3 | €4,337 | €5,527 | +€1,191 | +27.5% |
| Other amounts payable | 47/48 | €300 | €300 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €257 | €233 | -€24 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,333 | €6,784 | -€1,548 | -18.6% |
| Other operating charges | 640/8 | €3,117 | €2,952 | -€164 | -5.3% |
| Gross operating margin | 9900 | €43,328 | €38,858 | -€4,471 | -10.3% |
| Operating profit (loss) | 9901 | €31,879 | €29,122 | -€2,758 | -8.7% |
| Financial income | 75/76B | €328 | €887 | +€559 | +170.5% |
| Recurring financial income | 75 | €328 | €887 | +€559 | +170.5% |
| Financial charges | 65/66B | €3,404 | €3,348 | -€56 | -1.6% |
| Recurring financial charges | 65 | €3,404 | €3,348 | -€56 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €28,804 | €26,661 | -€2,143 | -7.4% |
| Income taxes | 67/77 | €9,352 | €9,128 | -€224 | -2.4% |
| Profit (loss) for the period | 9904 | €19,452 | €17,534 | -€1,918 | -9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,452 | €17,534 | -€1,918 | -9.9% |
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 12 October 2026 via checked.be.