Econstruct: 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.
Econstruct
Largest movements
- Tangible fixed assets +€43,771
up €43,771 (+121.7%), from €35,980 to €79,751
of which Furniture and vehicles: +€50,574
- Cash -€24,745
down €24,745 (-86.0%), from €28,763 to €4,018
mainly Investment in fixed assets (net) (-€55,729) and Net result for the year (-€25,323)
- Receivables within one year +€13,431
new in 2024: €13,431
- Debts after one year +€42,469
new in 2024: €42,469
- Other debts +€31,017
up €31,017 (+806.5%), from €3,846 to €34,863
- Profit (loss) carried forward -€25,323
down €25,323 (-238.7%), from -€10,609 to -€35,931
- Reserves -€22,858
down €22,858 (-44.5%), from €51,312 to €28,454
- Current portion of long-term debt +€10,074
new in 2024: €10,074
- Gross operating margin -€27,176
down €27,176, from €24,077 to -€3,099
- Other operating charges +€3,942
up €3,942 (+184.2%), from €2,140 to €6,082
- Depreciation +€2,786
up €2,786 (+30.4%), from €9,171 to €11,958
- Taxes +€1,516
up €1,516, from -€1,315 to €202
- Financial charges +€425
up €425 (+11.9%), from €3,557 to €3,982
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,093 | €99,851 | +€31,758 | +46.6% |
| Fixed assets | 21/28 | €38,630 | €82,401 | +€43,771 | +113.3% |
| Tangible fixed assets | 22/27 | €35,980 | €79,751 | +€43,771 | +121.7% |
| Plant, machinery and equipment | 23 | €28,372 | €21,569 | -€6,803 | -24.0% |
| Furniture and vehicles | 24 | €7,608 | €58,182 | +€50,574 | +664.7% |
| Financial fixed assets | 28 | €2,650 | €2,650 | = | 0.0% |
| Current assets | 29/58 | €29,463 | €17,449 | -€12,014 | -40.8% |
| Amounts receivable within one year | 40/41 | - | €13,431 | +€13,431 | |
| Trade receivables | 40 | - | €13,431 | +€13,431 | |
| Cash at bank and in hand | 54/58 | €28,763 | €4,018 | -€24,745 | -86.0% |
| Deferred charges and accrued income | 490/1 | €700 | - | -€700 | |
| Total equity and liabilities | 10/49 | €68,093 | €99,851 | +€31,758 | +46.6% |
| Equity | 10/15 | €48,764 | €583 | -€48,181 | -98.8% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €51,312 | €28,454 | -€22,858 | -44.5% |
| Distributable reserves | 133 | €51,312 | €28,454 | -€22,858 | -44.5% |
| Profit (loss) carried forward | 14 | -€10,609 | -€35,931 | -€25,323 | -238.7% |
| Amounts payable | 17/49 | €19,329 | €99,268 | +€79,939 | +413.6% |
| Amounts payable after more than one year | 17 | - | €42,469 | +€42,469 | |
| Financial debts | 170/4 | - | €42,469 | +€42,469 | |
| Amounts payable within one year | 42/48 | €19,329 | €55,399 | +€36,070 | +186.6% |
| Current portion of amounts payable after more than one year | 42 | - | €10,074 | +€10,074 | |
| Trade debts | 44 | €7,159 | €7,614 | +€456 | +6.4% |
| Suppliers | 440/4 | €7,159 | €7,614 | +€456 | +6.4% |
| Taxes, remuneration and social security | 45 | €8,324 | €2,847 | -€5,477 | -65.8% |
| Taxes | 450/3 | €8,324 | €2,847 | -€5,477 | -65.8% |
| Other amounts payable | 47/48 | €3,846 | €34,863 | +€31,017 | +806.5% |
| Accrued charges and deferred income | 492/3 | - | €1,400 | +€1,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,171 | €11,958 | +€2,786 | +30.4% |
| Other operating charges | 640/8 | €2,140 | €6,082 | +€3,942 | +184.2% |
| Gross operating margin | 9900 | €24,077 | -€3,099 | -€27,176 | |
| Operating profit (loss) | 9901 | €12,765 | -€21,139 | -€33,904 | |
| Financial charges | 65/66B | €3,557 | €3,982 | +€425 | +11.9% |
| Recurring financial charges | 65 | €3,557 | €3,982 | +€425 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €9,208 | -€25,121 | -€34,329 | |
| Income taxes | 67/77 | -€1,315 | €202 | +€1,516 | |
| Profit (loss) for the period | 9904 | €10,523 | -€25,323 | -€35,845 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,523 | -€25,323 | -€35,845 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.