CONTEC: 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.
What changed
CONTEC
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 30-04-2025 against 31-12-2025filed annual accounts (NBB)
Net result for the year
€2.2m
30-04-2025 · €3.0m-€857,723
Equity
€6.8m
30-04-2025 · €6.1m+€692,638
Cash
€2.1m
30-04-2025 · €2.1m-€46,518
Balance sheet total
€18.3m
30-04-2025 · €18.3m+€6,504
Largest movements
Assets
- Current investments -€1.3m
no longer reported in 2025 (was €1.3m)
- Receivables within one year +€1.1m
up €1.1m (+10.6%), from €10.5m to €11.6m
of which Other amounts receivable: +€1.4m
- Tangible fixed assets +€210,091
up €210,091 (+14.7%), from €1.4m to €1.6m
of which Furniture and vehicles: +€173,898
Equity and liabilities
- Other debts -€731,996
down €731,996 (-28.8%), from €2.5m to €1.8m
- Trade debts -€400,557
down €400,557 (-7.9%), from €5.1m to €4.7m
- Advances received +€384,747
up €384,747 (+41.7%), from €922,730 to €1.3m
- Contributions +€376,584
up €376,584 (+13.0%), from €2.9m to €3.3m
- Profit (loss) carried forward +€363,105
up €363,105 (+17.8%), from €2.0m to €2.4m
Income statement
- Turnover -€12.1m
down €12.1m (-34.3%), from €35.2m to €23.1m
- Staff costs -€3.5m
down €3.5m (-28.4%), from €12.4m to €8.9m
- Services and other goods -€3.0m
down €3.0m (-24.5%), from €12.4m to €9.3m
- Goods and materials -€2.0m
down €2.0m (-28.6%), from €7.1m to €5.0m
- Financial income -€363,447
down €363,447 (-21.0%), from €1.7m to €1.4m
From the 30-04-2025 result to the 31-12-2025 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.
Result 30-04-2025
€3.0m
Turnover
-€12.1m
Other operating income
-€87,938
Goods and materials
+€2.0m
Services and other goods
+€3.0m
Staff costs
+€3.5m
Depreciation
+€182,104
Write-downs
-€11,345
Provisions
-€150,000
Other operating charges
+€5,069
Other operating items
+€2.8m
Financial income
-€363,447
Financial charges
+€90,404
Taxes
+€216,962
Result 31-12-2025
€2.2m
Cash bridge derived
Derived from the 30-04-2025 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€451,819
Investment
+€574,500
Financing
-€1.1m
Cash 30-04-2025
€2.1m
From operations (derived)
+€451,819
Net result for the year
+€2.2m
Depreciation
+€485,050
Stocks and contracts
+€46,013
Receivables within one year
-€1.1m
Deferred charges and accrued income
-€45,196
Provisions
+€150,000
Trade debts
-€400,557
Tax, wage and social debts
-€227,281
Advances received
+€384,747
Other debts
-€731,996
Accrued charges and deferred income
-€279,967
Investment (derived)
+€574,500
Investment in fixed assets (net)
-€725,500
Current investments
+€1.3m
Financing
-€1.1m
Debts after one year
+€71,099
Current portion of long-term debt
+€21,576
Short-term financial debts
+€326,245
Contributions, distributions and other
-€1.5m
Cash 31-12-2025
€2.1m
Every line side by side
| Line | Code | 30-04-2025 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,282,631 | €18,289,135 | +€6,504 | 0.0% |
| Fixed assets | 21/28 | €2,383,268 | €2,623,718 | +€240,450 | +10.1% |
| Intangible fixed assets | 21 | €176,695 | €143,133 | -€33,563 | -19.0% |
| Tangible fixed assets | 22/27 | €1,429,493 | €1,639,584 | +€210,091 | +14.7% |
| Plant, machinery and equipment | 23 | €192,548 | €263,484 | +€70,936 | +36.8% |
| Furniture and vehicles | 24 | €1,018,952 | €1,192,849 | +€173,898 | +17.1% |
| Other tangible fixed assets | 26 | €217,994 | €183,251 | -€34,743 | -15.9% |
| Financial fixed assets | 28 | €777,080 | €841,001 | +€63,922 | +8.2% |
| Affiliated companies | 280/1 | €678,497 | €742,418 | +€63,922 | +9.4% |
| Participating interests | 280 | €418,497 | €418,418 | -€78 | 0.0% |
| Amounts receivable | 281 | €260,000 | €324,000 | +€64,000 | +24.6% |
| Other financial fixed assets | 284/8 | €98,583 | €98,583 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €98,583 | €98,583 | = | 0.0% |
| Current assets | 29/58 | €15,899,363 | €15,665,417 | -€233,946 | -1.5% |
| Stocks and contracts in progress | 3 | €1,318,940 | €1,272,927 | -€46,013 | -3.5% |
| Contracts in progress | 37 | €1,318,940 | €1,272,927 | -€46,013 | -3.5% |
| Amounts receivable within one year | 40/41 | €10,529,906 | €11,643,294 | +€1.1m | +10.6% |
| Trade receivables | 40 | €9,677,049 | €9,365,725 | -€311,323 | -3.2% |
| Other amounts receivable | 41 | €852,857 | €2,277,569 | +€1.4m | +167.1% |
| Current investments | 50/53 | €1,300,000 | - | -€1.3m | |
| Other investments | 51/53 | €1,300,000 | - | -€1.3m | |
| Cash at bank and in hand | 54/58 | €2,105,547 | €2,059,030 | -€46,518 | -2.2% |
| Deferred charges and accrued income | 490/1 | €644,970 | €690,166 | +€45,196 | +7.0% |
| Total equity and liabilities | 10/49 | €18,282,631 | €18,289,135 | +€6,504 | 0.0% |
| Equity | 10/15 | €6,138,060 | €6,830,699 | +€692,638 | +11.3% |
| Contributions | 10/11 | €2,888,855 | €3,265,439 | +€376,584 | +13.0% |
| Reserves | 13 | €1,207,511 | €1,160,460 | -€47,051 | -3.9% |
| Tax-exempt reserves | 132 | €2,331 | €2,331 | = | 0.0% |
| Distributable reserves | 133 | €1,205,179 | €1,158,129 | -€47,051 | -3.9% |
| Profit (loss) carried forward | 14 | €2,041,694 | €2,404,799 | +€363,105 | +17.8% |
| Provisions and deferred taxes | 16 | - | €150,000 | +€150,000 | |
| Provisions for liabilities and charges | 160/5 | - | €150,000 | +€150,000 | |
| Other liabilities and charges | 164/5 | - | €150,000 | +€150,000 | |
| Amounts payable | 17/49 | €12,144,571 | €11,308,436 | -€836,134 | -6.9% |
| Amounts payable after more than one year | 17 | €512,813 | €583,912 | +€71,099 | +13.9% |
| Financial debts | 170/4 | €512,813 | €583,912 | +€71,099 | +13.9% |
| Credit institutions | 173 | €512,813 | €583,912 | +€71,099 | +13.9% |
| Amounts payable within one year | 42/48 | €11,348,480 | €10,721,214 | -€627,267 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €406,347 | €427,923 | +€21,576 | +5.3% |
| Financial debts | 43 | - | €326,245 | +€326,245 | |
| Credit institutions | 430/8 | - | €326,245 | +€326,245 | |
| Trade debts | 44 | €5,079,362 | €4,678,805 | -€400,557 | -7.9% |
| Suppliers | 440/4 | €5,079,362 | €4,678,805 | -€400,557 | -7.9% |
| Advances received on contracts in progress | 46 | €922,730 | €1,307,477 | +€384,747 | +41.7% |
| Taxes, remuneration and social security | 45 | €2,400,599 | €2,173,318 | -€227,281 | -9.5% |
| Taxes | 450/3 | €172,968 | - | -€172,968 | |
| Remuneration and social security | 454/9 | €2,227,631 | €2,173,318 | -€54,314 | -2.4% |
| Other amounts payable | 47/48 | €2,539,443 | €1,807,447 | -€731,996 | -28.8% |
| Accrued charges and deferred income | 492/3 | €283,277 | €3,310 | -€279,967 | -98.8% |
| Operating income | 70/76A | €34,987,317 | €25,580,383 | -€9.4m | -26.9% |
| Turnover | 70 | €35,164,757 | €23,094,257 | -€12.1m | -34.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€2,125,628 | €696,508 | +€2.8m | |
| Other operating income | 74 | €1,776,508 | €1,688,570 | -€87,938 | -5.0% |
| Non-recurring operating income | 76A | €171,680 | €101,048 | -€70,632 | -41.1% |
| Operating charges | 60/66A | €32,616,275 | €24,010,982 | -€8.6m | -26.4% |
| Goods for resale, raw materials and consumables | 60 | €7,074,504 | €5,047,796 | -€2.0m | -28.6% |
| Purchases | 600/8 | €7,074,504 | €5,047,796 | -€2.0m | -28.6% |
| Services and other goods | 61 | €12,350,811 | €9,323,417 | -€3.0m | -24.5% |
| Remuneration, social security and pensions | 62 | €12,423,605 | €8,899,355 | -€3.5m | -28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €667,154 | €485,050 | -€182,104 | -27.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €704 | €12,049 | +€11,345 | +1612.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €150,000 | +€150,000 | |
| Other operating charges | 640/8 | €98,384 | €93,315 | -€5,069 | -5.2% |
| Non-recurring operating charges | 66A | €1,113 | - | -€1,113 | |
| Operating profit (loss) | 9901 | €2,371,042 | €1,569,401 | -€801,641 | -33.8% |
| Financial income | 75/76B | €1,729,113 | €1,365,666 | -€363,447 | -21.0% |
| Recurring financial income | 75 | €1,729,113 | €1,365,666 | -€363,447 | -21.0% |
| Income from financial fixed assets | 750 | €1,681,690 | €1,274,052 | -€407,639 | -24.2% |
| Other financial income | 752/9 | €47,423 | €91,614 | +€44,191 | +93.2% |
| Financial charges | 65/66B | €423,215 | €332,811 | -€90,404 | -21.4% |
| Recurring financial charges | 65 | €423,215 | €332,811 | -€90,404 | -21.4% |
| Debt charges | 650 | €43,377 | €27,600 | -€15,778 | -36.4% |
| Other financial charges | 652/9 | €379,838 | €305,212 | -€74,626 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €3,676,940 | €2,602,256 | -€1.1m | -29.2% |
| Income taxes | 67/77 | €634,823 | €417,861 | -€216,962 | -34.2% |
| Taxes | 670/3 | €634,823 | €417,861 | -€216,962 | -34.2% |
| Profit (loss) for the period | 9904 | €3,042,118 | €2,184,395 | -€857,723 | -28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,042,118 | €2,184,395 | -€857,723 | -28.2% |
Source: filed annual accounts (NBB), financial years ended 30 April 2025 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.