Essentials 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.
Essentials Construct
Largest movements
- Tangible fixed assets +€83,063
up €83,063 (+3,030%), from €2,741 to €85,804
of which Furniture and vehicles: +€41,962
- Cash -€4,228
down €4,228 (-12.9%), from €32,833 to €28,605
mainly Investment in fixed assets (net) (-€91,120) and Other debts (-€6,167)
- Receivables within one year +€2,312
up €2,312 (+12.4%), from €18,580 to €20,892
of which Other amounts receivable: +€2,221
- Debts after one year +€54,984
new in 2025: €54,984
- Reserves +€19,934
up €19,934 (+84.8%), from €23,500 to €43,434
- Current portion of long-term debt +€14,429
new in 2025: €14,429
- Other debts -€6,167
down €6,167 (-68.2%), from €9,036 to €2,869
- Tax, wage and social debts -€1,612
down €1,612 (-14.6%), from €11,047 to €9,435
of which Taxes: -€3,612
- Depreciation +€7,617
up €7,617 (+1,727%), from €441 to €8,058
- Staff costs -€3,470
down €3,470 (-98.4%), from €3,525 to €55
- Financial charges +€2,552
up €2,552 (+25,516,300%), from €0 to €2,552
- Taxes -€2,184
down €2,184 (-22.7%), from €9,630 to €7,446
- Gross operating margin +€1,941
up €1,941 (+5.2%), from €37,515 to €39,456
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 | €55,077 | €135,301 | +€80,224 | +146% |
| Fixed assets | 21/28 | €2,741 | €85,804 | +€83,063 | +3,030% |
| Tangible fixed assets | 22/27 | €2,741 | €85,804 | +€83,063 | +3,030% |
| Plant, machinery and equipment | 23 | €2,741 | €2,105 | -€636 | -23.2% |
| Furniture and vehicles | 24 | - | €41,962 | +€41,962 | |
| Leasing and similar rights | 25 | - | €41,737 | +€41,737 | |
| Current assets | 29/58 | €52,336 | €49,497 | -€2,839 | -5.4% |
| Amounts receivable within one year | 40/41 | €18,580 | €20,892 | +€2,312 | +12.4% |
| Trade receivables | 40 | €16,998 | €17,088 | +€91 | +0.5% |
| Other amounts receivable | 41 | €1,582 | €3,803 | +€2,221 | +140% |
| Cash at bank and in hand | 54/58 | €32,833 | €28,605 | -€4,228 | -12.9% |
| Deferred charges and accrued income | 490/1 | €923 | - | -€923 | |
| Total equity and liabilities | 10/49 | €55,077 | €135,301 | +€80,224 | +146% |
| Equity | 10/15 | €33,650 | €53,584 | +€19,934 | +59.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €23,500 | €43,434 | +€19,934 | +84.8% |
| Distributable reserves | 133 | €23,500 | €43,434 | +€19,934 | +84.8% |
| Profit (loss) carried forward | 14 | €150 | €150 | = | 0.0% |
| Amounts payable | 17/49 | €21,427 | €81,717 | +€60,290 | +281% |
| Amounts payable after more than one year | 17 | - | €54,984 | +€54,984 | |
| Financial debts | 170/4 | - | €54,984 | +€54,984 | |
| Amounts payable within one year | 42/48 | €21,427 | €26,733 | +€5,306 | +24.8% |
| Current portion of amounts payable after more than one year | 42 | - | €14,429 | +€14,429 | |
| Trade debts | 44 | €1,344 | - | -€1,344 | |
| Suppliers | 440/4 | €1,344 | - | -€1,344 | |
| Taxes, remuneration and social security | 45 | €11,047 | €9,435 | -€1,612 | -14.6% |
| Taxes | 450/3 | €11,047 | €7,435 | -€3,612 | -32.7% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €9,036 | €2,869 | -€6,167 | -68.2% |
| Remuneration, social security and pensions | 62 | €3,525 | €55 | -€3,470 | -98.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €441 | €8,058 | +€7,617 | +1,727% |
| Other operating charges | 640/8 | €269 | €1,473 | +€1,204 | +447% |
| Gross operating margin | 9900 | €37,515 | €39,456 | +€1,941 | +5.2% |
| Operating profit (loss) | 9901 | €33,280 | €29,871 | -€3,409 | -10.2% |
| Financial income | 75/76B | - | €61 | +€61 | |
| Recurring financial income | 75 | - | €61 | +€61 | |
| Financial charges | 65/66B | €0 | €2,552 | +€2,552 | +25,516,300% |
| Recurring financial charges | 65 | €0 | €2,552 | +€2,552 | +25,516,300% |
| Profit (loss) for the period before taxes | 9903 | €33,280 | €27,380 | -€5,901 | -17.7% |
| Income taxes | 67/77 | €9,630 | €7,446 | -€2,184 | -22.7% |
| Profit (loss) for the period | 9904 | €23,650 | €19,934 | -€3,716 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,650 | €19,934 | -€3,716 | -15.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.