Euro constructor: 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.
Euro constructor
Largest movements
- Receivables within one year -€16,107
down €16,107 (-45.1%), from €35,685 to €19,578
- Cash +€9,711
up €9,711 (+71.3%), from €13,613 to €23,323
mainly Receivables within one year (+€16,107) and Net result for the year (+€13,065)
- Deferred charges and accrued income -€3,424
down €3,424 (-43.8%), from €7,825 to €4,401
- Trade debts -€18,253
down €18,253 (-83.5%), from €21,863 to €3,611
- Reserves +€13,065
up €13,065 (+795%), from €1,643 to €14,708
- Tax, wage and social debts -€4,633
down €4,633 (-34.0%), from €13,617 to €8,984
of which Remuneration and social security: -€9,428
- Gross operating margin +€13,830
up €13,830 (+446%), from €3,103 to €16,933
- Taxes +€2,884
up €2,884 (+702%), from €411 to €3,295
- Other operating charges -€420
down €420 (-44.7%), from €940 to €520
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 | €57,123 | €47,302 | -€9,821 | -17.2% |
| Current assets | 29/58 | €57,123 | €47,302 | -€9,821 | -17.2% |
| Amounts receivable within one year | 40/41 | €35,685 | €19,578 | -€16,107 | -45.1% |
| Trade receivables | 40 | €35,685 | €19,578 | -€16,107 | -45.1% |
| Cash at bank and in hand | 54/58 | €13,613 | €23,323 | +€9,711 | +71.3% |
| Deferred charges and accrued income | 490/1 | €7,825 | €4,401 | -€3,424 | -43.8% |
| Total equity and liabilities | 10/49 | €57,123 | €47,302 | -€9,821 | -17.2% |
| Equity | 10/15 | €21,643 | €34,708 | +€13,065 | +60.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,643 | €14,708 | +€13,065 | +795% |
| Distributable reserves | 133 | €1,643 | €14,708 | +€13,065 | +795% |
| Amounts payable | 17/49 | €35,481 | €12,595 | -€22,886 | -64.5% |
| Amounts payable within one year | 42/48 | €35,481 | €12,595 | -€22,886 | -64.5% |
| Trade debts | 44 | €21,863 | €3,611 | -€18,253 | -83.5% |
| Suppliers | 440/4 | €21,863 | €3,611 | -€18,253 | -83.5% |
| Taxes, remuneration and social security | 45 | €13,617 | €8,984 | -€4,633 | -34.0% |
| Taxes | 450/3 | €1,897 | €6,692 | +€4,795 | +253% |
| Remuneration and social security | 454/9 | €11,721 | €2,292 | -€9,428 | -80.4% |
| Other operating charges | 640/8 | €940 | €520 | -€420 | -44.7% |
| Gross operating margin | 9900 | €3,103 | €16,933 | +€13,830 | +446% |
| Operating profit (loss) | 9901 | €2,163 | €16,414 | +€14,250 | +659% |
| Financial charges | 65/66B | €110 | €54 | -€56 | -50.7% |
| Recurring financial charges | 65 | €110 | €54 | -€56 | -50.7% |
| Profit (loss) for the period before taxes | 9903 | €2,053 | €16,360 | +€14,306 | +697% |
| Income taxes | 67/77 | €411 | €3,295 | +€2,884 | +702% |
| Profit (loss) for the period | 9904 | €1,643 | €13,065 | +€11,422 | +695% |
| Profit (loss) for the period to be appropriated | 9905 | €1,643 | €13,065 | +€11,422 | +695% |
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.