CUSGENERAL CONSTRUCT: 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
CUSGENERAL CONSTRUCT
NACE 81.220, Other building cleaning and industrial cleaning
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€29,656
2024 · €24,413+€5,243
Equity
€222,187
2024 · €252,485-€30,298
Cash
€279
2024 · €193+€86
Balance sheet total
€790,228
2024 · €718,125+€72,103
Largest movements
Assets
- Receivables within one year +€77,221
up €77,221 (+30.2%), from €255,756 to €332,977
of which Trade receivables: +€78,456
Equity and liabilities
- Other debts +€241,193
up €241,193 (+349%), from €69,121 to €310,314
- Trade debts -€126,629
down €126,629 (-61.3%), from €206,638 to €80,009
- Reserves -€30,298
down €30,298 (-19.2%), from €158,092 to €127,794
of which Distributable reserves: -€30,298
- Debts after one year -€12,031
down €12,031 (-30.9%), from €38,899 to €26,868
Income statement
- Staff costs +€45,494
up €45,494 (+34.1%), from €133,222 to €178,716
- Gross operating margin +€30,336
up €30,336 (+14.6%), from €207,757 to €238,093
- Depreciation -€26,585
down €26,585 (-57.5%), from €46,198 to €19,613
- Financial income -€4,499
down €4,499 (-27.2%), from €16,555 to €12,056
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.
Result 2024
€24,413
Gross operating margin
+€30,336
Staff costs
-€45,494
Depreciation
+€26,585
Other operating charges
+€511
Financial income
-€4,499
Financial charges
-€1,180
Taxes
-€1,016
Result 2025
€29,656
raises the resultlowers the result
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.
From operations
+€86,869
Investment
-€15,326
Financing
-€71,457
Cash 2024
€193
From operations (derived)
+€86,869
Net result for the year
+€29,656
Depreciation
+€19,613
Smaller working-capital items
+€917
Receivables within one year
-€77,221
Trade debts
-€126,629
Tax, wage and social debts
-€660
Other debts
+€241,193
Investment (derived)
-€15,326
Investment in fixed assets (net)
-€15,326
Financing
-€71,457
Debts after one year
-€12,031
Current portion of long-term debt
+€528
Contributions, distributions and other
-€59,954
Cash 2025
€279
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €718,125 | €790,228 | +€72,103 | +10.0% |
| Formation expenses | 20 | €1,086 | €895 | -€191 | -17.6% |
| Fixed assets | 21/28 | €32,712 | €28,616 | -€4,096 | -12.5% |
| Tangible fixed assets | 22/27 | €32,612 | €28,516 | -€4,096 | -12.6% |
| Plant, machinery and equipment | 23 | €16,747 | €11,723 | -€5,024 | -30.0% |
| Furniture and vehicles | 24 | €15,865 | €16,793 | +€928 | +5.8% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €684,327 | €760,717 | +€76,390 | +11.2% |
| Amounts receivable after more than one year | 29 | €426,000 | €426,000 | = | 0.0% |
| Other amounts receivable | 291 | €426,000 | €426,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,673 | €1,316 | -€357 | -21.3% |
| Stocks | 30/36 | €1,673 | €1,316 | -€357 | -21.3% |
| Amounts receivable within one year | 40/41 | €255,756 | €332,977 | +€77,221 | +30.2% |
| Trade receivables | 40 | €254,521 | €332,977 | +€78,456 | +30.8% |
| Other amounts receivable | 41 | €1,235 | - | -€1,235 | |
| Cash at bank and in hand | 54/58 | €193 | €279 | +€86 | +44.6% |
| Deferred charges and accrued income | 490/1 | €705 | €145 | -€560 | -79.4% |
| Total equity and liabilities | 10/49 | €718,125 | €790,228 | +€72,103 | +10.0% |
| Equity | 10/15 | €252,485 | €222,187 | -€30,298 | -12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €158,092 | €127,794 | -€30,298 | -19.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €156,232 | €125,934 | -€30,298 | -19.4% |
| Profit (loss) carried forward | 14 | €75,793 | €75,793 | = | 0.0% |
| Provisions and deferred taxes | 16 | €10,895 | €10,895 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,895 | €10,895 | = | 0.0% |
| Other liabilities and charges | 164/5 | €10,895 | €10,895 | = | 0.0% |
| Amounts payable | 17/49 | €454,745 | €557,146 | +€102,401 | +22.5% |
| Amounts payable after more than one year | 17 | €38,899 | €26,868 | -€12,031 | -30.9% |
| Financial debts | 170/4 | €38,899 | €26,868 | -€12,031 | -30.9% |
| Amounts payable within one year | 42/48 | €415,846 | €530,278 | +€114,432 | +27.5% |
| Current portion of amounts payable after more than one year | 42 | €11,502 | €12,030 | +€528 | +4.6% |
| Trade debts | 44 | €206,638 | €80,009 | -€126,629 | -61.3% |
| Suppliers | 440/4 | €206,638 | €80,009 | -€126,629 | -61.3% |
| Taxes, remuneration and social security | 45 | €128,585 | €127,925 | -€660 | -0.5% |
| Taxes | 450/3 | €47,619 | €39,788 | -€7,831 | -16.4% |
| Remuneration and social security | 454/9 | €80,966 | €88,137 | +€7,171 | +8.9% |
| Other amounts payable | 47/48 | €69,121 | €310,314 | +€241,193 | +349% |
| Remuneration, social security and pensions | 62 | €133,222 | €178,716 | +€45,494 | +34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,198 | €19,613 | -€26,585 | -57.5% |
| Other operating charges | 640/8 | €1,485 | €974 | -€511 | -34.4% |
| Gross operating margin | 9900 | €207,757 | €238,093 | +€30,336 | +14.6% |
| Operating profit (loss) | 9901 | €26,852 | €38,790 | +€11,938 | +44.5% |
| Financial income | 75/76B | €16,555 | €12,056 | -€4,499 | -27.2% |
| Recurring financial income | 75 | €16,555 | €12,056 | -€4,499 | -27.2% |
| Financial charges | 65/66B | €4,743 | €5,923 | +€1,180 | +24.9% |
| Recurring financial charges | 65 | €4,743 | €5,923 | +€1,180 | +24.9% |
| Profit (loss) for the period before taxes | 9903 | €38,664 | €44,923 | +€6,259 | +16.2% |
| Income taxes | 67/77 | €14,251 | €15,267 | +€1,016 | +7.1% |
| Profit (loss) for the period | 9904 | €24,413 | €29,656 | +€5,243 | +21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,413 | €29,656 | +€5,243 | +21.5% |
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 15 October 2026 via checked.be.