ECO_CONSTRUCTION: 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.
ECO_CONSTRUCTION
Largest movements
- Stocks and contracts -€4.4m
down €4.4m (-81.7%), from €5.4m to €987,360
- Tangible fixed assets -€162,207
down €162,207 (-35.1%), from €461,708 to €299,501
- Cash -€123,911
down €123,911 (-86.4%), from €143,424 to €19,513
mainly Debts after one year (-€4.6m) and Trade debts (-€220,867)
- Debts after one year -€4.6m
down €4.6m (-95.8%), from €4.8m to €198,927
- Trade debts -€220,867
down €220,867 (-40.3%), from €548,625 to €327,757
- Gross operating margin -€249,091
down €249,091 (-73.1%), from €340,939 to €91,848
- Financial charges -€182,086
down €182,086 (-55.6%), from €327,574 to €145,488
- Financial income +€78,993
up €78,993 (+5,408%), from €1,461 to €80,454
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,705,421 | €1,923,362 | -€4.8m | -71.3% |
| Fixed assets | 21/28 | €504,172 | €334,321 | -€169,851 | -33.7% |
| Tangible fixed assets | 22/27 | €461,708 | €299,501 | -€162,207 | -35.1% |
| Other tangible fixed assets | 26 | €461,708 | €299,501 | -€162,207 | -35.1% |
| Financial fixed assets | 28 | €42,464 | €34,820 | -€7,644 | -18.0% |
| Current assets | 29/58 | €6,201,249 | €1,589,041 | -€4.6m | -74.4% |
| Stocks and contracts in progress | 3 | €5,410,000 | €987,360 | -€4.4m | -81.7% |
| Stocks | 30/36 | €5,410,000 | €987,360 | -€4.4m | -81.7% |
| Amounts receivable within one year | 40/41 | €646,705 | €581,011 | -€65,694 | -10.2% |
| Trade receivables | 40 | €351,891 | €39,960 | -€311,931 | -88.6% |
| Other amounts receivable | 41 | €294,814 | €541,051 | +€246,237 | +83.5% |
| Cash at bank and in hand | 54/58 | €143,424 | €19,513 | -€123,911 | -86.4% |
| Deferred charges and accrued income | 490/1 | €1,120 | €1,158 | +€38 | +3.4% |
| Total equity and liabilities | 10/49 | €6,705,421 | €1,923,362 | -€4.8m | -71.3% |
| Equity | 10/15 | €341,979 | €350,857 | +€8,878 | +2.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €279,979 | €288,857 | +€8,878 | +3.2% |
| Amounts payable | 17/49 | €6,363,442 | €1,572,505 | -€4.8m | -75.3% |
| Amounts payable after more than one year | 17 | €4,766,788 | €198,927 | -€4.6m | -95.8% |
| Financial debts | 170/4 | €4,766,788 | €198,927 | -€4.6m | -95.8% |
| Amounts payable within one year | 42/48 | €1,596,654 | €1,373,579 | -€223,076 | -14.0% |
| Trade debts | 44 | €548,625 | €327,757 | -€220,867 | -40.3% |
| Suppliers | 440/4 | €548,625 | €327,757 | -€220,867 | -40.3% |
| Taxes, remuneration and social security | 45 | €97,334 | €92,170 | -€5,163 | -5.3% |
| Taxes | 450/3 | €97,334 | €92,170 | -€5,163 | -5.3% |
| Other amounts payable | 47/48 | €950,696 | €953,651 | +€2,955 | +0.3% |
| Other operating charges | 640/8 | €2,342 | €5,293 | +€2,950 | +126% |
| Gross operating margin | 9900 | €340,939 | €91,848 | -€249,091 | -73.1% |
| Operating profit (loss) | 9901 | €338,596 | €86,555 | -€252,041 | -74.4% |
| Financial income | 75/76B | €1,461 | €80,454 | +€78,993 | +5,408% |
| Recurring financial income | 75 | €1,461 | €80,454 | +€78,993 | +5,408% |
| Financial charges | 65/66B | €327,574 | €145,488 | -€182,086 | -55.6% |
| Recurring financial charges | 65 | €327,574 | €145,488 | -€182,086 | -55.6% |
| Profit (loss) for the period before taxes | 9903 | €12,484 | €21,521 | +€9,038 | +72.4% |
| Income taxes | 67/77 | €3,268 | €5,744 | +€2,475 | +75.7% |
| Profit (loss) for the period | 9904 | €9,215 | €15,778 | +€6,563 | +71.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,215 | €15,778 | +€6,563 | +71.2% |
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 17 October 2026 via checked.be.