E & A CONSTRUCT: 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.
E & A CONSTRUCT
Largest movements
- Deferred charges and accrued income -€33,256
down €33,256 (-84.8%), from €39,215 to €5,959
- Tangible fixed assets -€31,093
down €31,093 (-7.9%), from €393,945 to €362,852
- Receivables within one year +€20,148
up €20,148 (+9.1%), from €220,738 to €240,887
of which Trade receivables: +€15,928
- Debts after one year -€32,517
down €32,517 (-12.8%), from €253,103 to €220,586
- Profit (loss) carried forward +€8,978
up €8,978 (+7.4%), from -€122,026 to -€113,048
- Trade debts -€8,272
down €8,272 (-41.0%), from €20,173 to €11,901
- Short-term financial debts -€8,036
down €8,036 (-6.0%), from €133,036 to €125,000
- Gross operating margin -€42,290
down €42,290 (-8.9%), from €474,199 to €431,909
- Staff costs -€30,997
down €30,997 (-7.7%), from €401,671 to €370,674
- Financial charges -€12,670
down €12,670 (-47.5%), from €26,669 to €13,998
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 | €690,963 | €647,141 | -€43,822 | -6.3% |
| Fixed assets | 21/28 | €393,945 | €362,852 | -€31,093 | -7.9% |
| Tangible fixed assets | 22/27 | €393,945 | €362,852 | -€31,093 | -7.9% |
| Land and buildings | 22 | €318,885 | €304,236 | -€14,649 | -4.6% |
| Plant, machinery and equipment | 23 | €7,406 | €1,795 | -€5,612 | -75.8% |
| Furniture and vehicles | 24 | €4,393 | €2,131 | -€2,261 | -51.5% |
| Other tangible fixed assets | 26 | €63,261 | €54,689 | -€8,572 | -13.5% |
| Current assets | 29/58 | €297,018 | €284,289 | -€12,729 | -4.3% |
| Amounts receivable within one year | 40/41 | €220,738 | €240,887 | +€20,148 | +9.1% |
| Trade receivables | 40 | €213,757 | €229,685 | +€15,928 | +7.5% |
| Other amounts receivable | 41 | €6,981 | €11,202 | +€4,220 | +60.5% |
| Cash at bank and in hand | 54/58 | €37,064 | €37,443 | +€379 | +1.0% |
| Deferred charges and accrued income | 490/1 | €39,215 | €5,959 | -€33,256 | -84.8% |
| Total equity and liabilities | 10/49 | €690,963 | €647,141 | -€43,822 | -6.3% |
| Equity | 10/15 | €165,531 | €174,509 | +€8,978 | +5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €268,957 | €268,957 | = | 0.0% |
| Distributable reserves | 133 | €268,957 | €268,957 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€122,026 | -€113,048 | +€8,978 | +7.4% |
| Amounts payable | 17/49 | €525,432 | €472,632 | -€52,800 | -10.0% |
| Amounts payable after more than one year | 17 | €253,103 | €220,586 | -€32,517 | -12.8% |
| Financial debts | 170/4 | €253,103 | €220,586 | -€32,517 | -12.8% |
| Amounts payable within one year | 42/48 | €269,054 | €252,045 | -€17,008 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €69,506 | €68,323 | -€1,183 | -1.7% |
| Financial debts | 43 | €133,036 | €125,000 | -€8,036 | -6.0% |
| Credit institutions | 430/8 | €133,036 | €125,000 | -€8,036 | -6.0% |
| Trade debts | 44 | €20,173 | €11,901 | -€8,272 | -41.0% |
| Suppliers | 440/4 | €20,173 | €11,901 | -€8,272 | -41.0% |
| Taxes, remuneration and social security | 45 | €45,773 | €46,821 | +€1,049 | +2.3% |
| Remuneration and social security | 454/9 | €45,773 | €46,821 | +€1,049 | +2.3% |
| Other amounts payable | 47/48 | €566 | €0 | -€566 | -100.0% |
| Accrued charges and deferred income | 492/3 | €3,275 | €0 | -€3,275 | -100.0% |
| Non-recurring operating income | 76A | €37,856 | €0 | -€37,856 | -100.0% |
| Remuneration, social security and pensions | 62 | €401,671 | €370,674 | -€30,997 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,599 | €31,093 | -€3,506 | -10.1% |
| Other operating charges | 640/8 | €8,662 | €7,178 | -€1,484 | -17.1% |
| Gross operating margin | 9900 | €474,199 | €431,909 | -€42,290 | -8.9% |
| Operating profit (loss) | 9901 | €29,267 | €22,964 | -€6,303 | -21.5% |
| Financial income | 75/76B | €5 | €14 | +€9 | +169.9% |
| Recurring financial income | 75 | €5 | €14 | +€9 | +169.9% |
| Financial charges | 65/66B | €26,669 | €13,998 | -€12,670 | -47.5% |
| Recurring financial charges | 65 | €26,669 | €13,998 | -€12,670 | -47.5% |
| Profit (loss) for the period before taxes | 9903 | €2,603 | €8,979 | +€6,376 | +244.9% |
| Income taxes | 67/77 | €1,158 | €1 | -€1,157 | -99.9% |
| Profit (loss) for the period | 9904 | €1,445 | €8,978 | +€7,533 | +521.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,445 | €8,978 | +€7,533 | +521.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.