CONSTRUVA: 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.
CONSTRUVA
Largest movements
- Cash +€25,343
up €25,343 (+144.0%), from €17,598 to €42,941
mainly Net result for the year (+€19,966) and Current investments (+€15,000)
- Current investments -€15,000
down €15,000 (-13.6%), from €110,000 to €95,000
- Receivables within one year +€14,603
up €14,603 (+100.2%), from €14,572 to €29,175
of which Other amounts receivable: +€20,884
- Tangible fixed assets -€11,239
down €11,239 (-2.8%), from €404,559 to €393,320
of which Land and buildings: -€10,680
- Reserves +€19,966
up €19,966 (+16.2%), from €123,393 to €143,359
of which Distributable reserves: +€19,966
- Debts after one year -€12,212
down €12,212 (-8.0%), from €152,954 to €140,741
- Other debts +€5,882
up €5,882 (+11.4%), from €51,501 to €57,384
- Gross operating margin +€5,506
up €5,506 (+13.8%), from €39,756 to €45,261
- Taxes +€1,916
up €1,916 (+32.6%), from €5,885 to €7,801
- Financial income +€1,886
up €1,886 (+109.1%), from €1,730 to €3,616
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 | €546,729 | €560,436 | +€13,707 | +2.5% |
| Fixed assets | 21/28 | €404,559 | €393,320 | -€11,239 | -2.8% |
| Tangible fixed assets | 22/27 | €404,559 | €393,320 | -€11,239 | -2.8% |
| Land and buildings | 22 | €402,465 | €391,784 | -€10,680 | -2.7% |
| Furniture and vehicles | 24 | €2,094 | €1,536 | -€558 | -26.7% |
| Current assets | 29/58 | €142,170 | €167,116 | +€24,946 | +17.5% |
| Amounts receivable within one year | 40/41 | €14,572 | €29,175 | +€14,603 | +100.2% |
| Trade receivables | 40 | €14,520 | €8,239 | -€6,281 | -43.3% |
| Other amounts receivable | 41 | €52 | €20,936 | +€20,884 | +39954.0% |
| Current investments | 50/53 | €110,000 | €95,000 | -€15,000 | -13.6% |
| Cash at bank and in hand | 54/58 | €17,598 | €42,941 | +€25,343 | +144.0% |
| Total equity and liabilities | 10/49 | €546,729 | €560,436 | +€13,707 | +2.5% |
| Equity | 10/15 | €323,393 | €343,359 | +€19,966 | +6.2% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €123,393 | €143,359 | +€19,966 | +16.2% |
| Non-distributable reserves | 130/1 | - | €0 | = | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Distributable reserves | 133 | €123,393 | €143,359 | +€19,966 | +16.2% |
| Amounts payable | 17/49 | €223,335 | €217,076 | -€6,259 | -2.8% |
| Amounts payable after more than one year | 17 | €152,954 | €140,741 | -€12,212 | -8.0% |
| Financial debts | 170/4 | €152,954 | €140,741 | -€12,212 | -8.0% |
| Amounts payable within one year | 42/48 | €70,382 | €76,335 | +€5,953 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €11,907 | €12,212 | +€305 | +2.6% |
| Trade debts | 44 | €1,723 | €2,493 | +€770 | +44.7% |
| Suppliers | 440/4 | €1,723 | €2,493 | +€770 | +44.7% |
| Taxes, remuneration and social security | 45 | €5,251 | €4,246 | -€1,005 | -19.1% |
| Taxes | 450/3 | €5,251 | €4,246 | -€1,005 | -19.1% |
| Other amounts payable | 47/48 | €51,501 | €57,384 | +€5,882 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,567 | €11,239 | -€328 | -2.8% |
| Other operating charges | 640/8 | €1,884 | €1,939 | +€55 | +2.9% |
| Gross operating margin | 9900 | €39,756 | €45,261 | +€5,506 | +13.8% |
| Operating profit (loss) | 9901 | €26,304 | €32,083 | +€5,779 | +22.0% |
| Financial income | 75/76B | €1,730 | €3,616 | +€1,886 | +109.1% |
| Recurring financial income | 75 | €1,730 | €3,616 | +€1,886 | +109.1% |
| Financial charges | 65/66B | €7,937 | €7,932 | -€5 | -0.1% |
| Recurring financial charges | 65 | €7,937 | €7,932 | -€5 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €20,097 | €27,767 | +€7,670 | +38.2% |
| Income taxes | 67/77 | €5,885 | €7,801 | +€1,916 | +32.6% |
| Profit (loss) for the period | 9904 | €14,212 | €19,966 | +€5,754 | +40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,212 | €19,966 | +€5,754 | +40.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.