EURO GROUP 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.
EURO GROUP CONSTRUCT
Largest movements
- Receivables within one year -€81,550
down €81,550 (-89.4%), from €91,263 to €9,713
of which Trade receivables: -€82,854
- Cash +€35,186
up €35,186 (+189%), from €18,641 to €53,827
mainly Receivables within one year (+€81,550) and Depreciation (+€4,270)
- Tangible fixed assets +€7,119
up €7,119 (+271%), from €2,624 to €9,744
of which Plant, machinery and equipment: +€9,558
- Trade debts -€40,521
down €40,521 (-91.9%), from €44,104 to €3,583
- Gross operating margin +€1,946
up €1,946 (+52.8%), from €3,687 to €5,633
- Depreciation +€1,831
up €1,831 (+75.1%), from €2,439 to €4,270
- Financial charges -€199
down €199 (-69.2%), from €288 to €89
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 | €171,199 | €131,343 | -€39,855 | -23.3% |
| Fixed assets | 21/28 | €2,624 | €9,744 | +€7,119 | +271% |
| Tangible fixed assets | 22/27 | €2,624 | €9,744 | +€7,119 | +271% |
| Plant, machinery and equipment | 23 | - | €9,558 | +€9,558 | |
| Furniture and vehicles | 24 | €2,624 | €185 | -€2,439 | -92.9% |
| Current assets | 29/58 | €168,575 | €121,600 | -€46,975 | -27.9% |
| Stocks and contracts in progress | 3 | €57,075 | €57,075 | = | 0.0% |
| Contracts in progress | 37 | €57,075 | €57,075 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €91,263 | €9,713 | -€81,550 | -89.4% |
| Trade receivables | 40 | €86,039 | €3,185 | -€82,854 | -96.3% |
| Other amounts receivable | 41 | €5,224 | €6,528 | +€1,304 | +25.0% |
| Cash at bank and in hand | 54/58 | €18,641 | €53,827 | +€35,186 | +189% |
| Deferred charges and accrued income | 490/1 | €1,595 | €985 | -€610 | -38.3% |
| Total equity and liabilities | 10/49 | €171,199 | €131,343 | -€39,855 | -23.3% |
| Equity | 10/15 | €41,691 | €42,197 | +€506 | +1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,231 | €21,737 | +€506 | +2.4% |
| Amounts payable | 17/49 | €129,507 | €89,146 | -€40,361 | -31.2% |
| Amounts payable within one year | 42/48 | €129,507 | €89,146 | -€40,361 | -31.2% |
| Trade debts | 44 | €44,104 | €3,583 | -€40,521 | -91.9% |
| Suppliers | 440/4 | €44,104 | €3,583 | -€40,521 | -91.9% |
| Taxes, remuneration and social security | 45 | €2,861 | €1,452 | -€1,409 | -49.2% |
| Taxes | 450/3 | €1,731 | €1,452 | -€279 | -16.1% |
| Remuneration and social security | 454/9 | €1,130 | - | -€1,130 | |
| Other amounts payable | 47/48 | €82,542 | €84,110 | +€1,569 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,439 | €4,270 | +€1,831 | +75.1% |
| Other operating charges | 640/8 | €756 | €768 | +€12 | +1.6% |
| Gross operating margin | 9900 | €3,687 | €5,633 | +€1,946 | +52.8% |
| Operating profit (loss) | 9901 | €492 | €595 | +€103 | +20.8% |
| Financial charges | 65/66B | €288 | €89 | -€199 | -69.2% |
| Recurring financial charges | 65 | €288 | €89 | -€199 | -69.2% |
| Profit (loss) for the period before taxes | 9903 | €204 | €506 | +€302 | +148% |
| Profit (loss) for the period | 9904 | €204 | €506 | +€302 | +148% |
| Profit (loss) for the period to be appropriated | 9905 | €204 | €506 | +€302 | +148% |
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 27 October 2026 via checked.be.