ENTREPRISE 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.
ENTREPRISE CONSTRUCT
Largest movements
- Receivables within one year -€23,023
down €23,023 (-34.9%), from €66,050 to €43,026
of which Trade receivables: -€20,907
- Deferred charges and accrued income +€16,242
up €16,242 (+72.5%), from €22,400 to €38,642
- Cash +€15,389
up €15,389 (+319.6%), from €4,815 to €20,204
mainly Receivables within one year (+€23,023) and Trade debts (+€11,707)
- Stocks and contracts +€7,244
new in 2025: €7,244
- Tangible fixed assets -€2,958
down €2,958 (-52.4%), from €5,650 to €2,692
of which Furniture and vehicles: -€4,391
- Trade debts +€11,707
up €11,707 (+54.8%), from €21,365 to €33,072
- Profit (loss) carried forward +€2,906
up €2,906 (+5.2%), from €55,550 to €58,456
- Tax, wage and social debts -€1,719
down €1,719 (-43.1%), from €3,985 to €2,266
of which Remuneration and social security: -€2,145
- Purchases and services +€2.5m
up €2.5m (+1125.3%), from €224,626 to €2.8m
- Turnover +€46,646
up €46,646 (+19.6%), from €237,565 to €284,211
- Gross operating margin -€3,608
down €3,608 (-27.9%), from €12,939 to €9,332
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 | €98,960 | €111,854 | +€12,894 | +13.0% |
| Fixed assets | 21/28 | €5,695 | €2,737 | -€2,958 | -51.9% |
| Tangible fixed assets | 22/27 | €5,650 | €2,692 | -€2,958 | -52.4% |
| Plant, machinery and equipment | 23 | €663 | €2,095 | +€1,432 | +216.1% |
| Furniture and vehicles | 24 | €4,987 | €597 | -€4,391 | -88.0% |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €93,264 | €109,117 | +€15,853 | +17.0% |
| Stocks and contracts in progress | 3 | - | €7,244 | +€7,244 | |
| Stocks | 30/36 | - | €7,244 | +€7,244 | |
| Amounts receivable within one year | 40/41 | €66,050 | €43,026 | -€23,023 | -34.9% |
| Trade receivables | 40 | €55,451 | €34,544 | -€20,907 | -37.7% |
| Other amounts receivable | 41 | €10,598 | €8,483 | -€2,116 | -20.0% |
| Cash at bank and in hand | 54/58 | €4,815 | €20,204 | +€15,389 | +319.6% |
| Deferred charges and accrued income | 490/1 | €22,400 | €38,642 | +€16,242 | +72.5% |
| Total equity and liabilities | 10/49 | €98,960 | €111,854 | +€12,894 | +13.0% |
| Equity | 10/15 | €63,610 | €66,516 | +€2,906 | +4.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,550 | €58,456 | +€2,906 | +5.2% |
| Provisions and deferred taxes | 16 | €10,000 | €10,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,000 | €10,000 | = | 0.0% |
| Environmental obligations | 163 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable | 17/49 | €25,350 | €35,338 | +€9,988 | +39.4% |
| Amounts payable within one year | 42/48 | €25,350 | €35,338 | +€9,988 | +39.4% |
| Trade debts | 44 | €21,365 | €33,072 | +€11,707 | +54.8% |
| Suppliers | 440/4 | €21,365 | €33,072 | +€11,707 | +54.8% |
| Taxes, remuneration and social security | 45 | €3,985 | €2,266 | -€1,719 | -43.1% |
| Taxes | 450/3 | €1,840 | €2,266 | +€426 | +23.1% |
| Remuneration and social security | 454/9 | €2,145 | - | -€2,145 | |
| Turnover | 70 | €237,565 | €284,211 | +€46,646 | +19.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €224,626 | €2,752,306 | +€2.5m | +1125.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,544 | €5,261 | -€1,282 | -19.6% |
| Other operating charges | 640/8 | - | €50 | +€50 | |
| Gross operating margin | 9900 | €12,939 | €9,332 | -€3,608 | -27.9% |
| Operating profit (loss) | 9901 | €6,396 | €4,021 | -€2,375 | -37.1% |
| Financial income | 75/76B | €60 | €3 | -€57 | -95.0% |
| Recurring financial income | 75 | €60 | €3 | -€57 | -95.0% |
| Financial charges | 65/66B | €159 | €224 | +€65 | +40.8% |
| Recurring financial charges | 65 | €159 | €224 | +€65 | +40.8% |
| Profit (loss) for the period before taxes | 9903 | €6,296 | €3,799 | -€2,497 | -39.7% |
| Income taxes | 67/77 | €1,373 | €893 | -€480 | -34.9% |
| Profit (loss) for the period | 9904 | €4,924 | €2,906 | -€2,017 | -41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,924 | €2,906 | -€2,017 | -41.0% |
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 4 October 2026 via checked.be.