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EUROCONSTRUCT INT.: 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.

What changed

EUROCONSTRUCT INT.

BE 0448.812.763
NACE 68.121, Development of residential building projects
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€16,475
2024 · €10,032+€6,443
Equity
€371,288
2024 · €354,814+€16,475
Cash
€26,621
2024 · €11,407+€15,214
Balance sheet total
€776,847
2024 · €812,909-€36,062

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€48,400

    down €48,400 (-6.7%), from €723,746 to €675,346

    of which Land and buildings: -€41,578

  • Cash +€15,214

    up €15,214 (+133.4%), from €11,407 to €26,621

    mainly Depreciation (+€48,400) and Net result for the year (+€16,475)

Equity and liabilities
  • Debts after one year -€57,132

    down €57,132 (-27.2%), from €209,816 to €152,684

  • Reserves +€16,475

    up €16,475 (+5.6%), from €292,314 to €308,788

Income statement
  • Gross operating margin +€9,214

    up €9,214 (+11.5%), from €80,301 to €89,515

  • Taxes +€3,991

    up €3,991 (+106.1%), from €3,762 to €7,753

  • Financial charges -€1,598

    down €1,598 (-23.5%), from €6,804 to €5,206

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €10,032
Gross operating margin +€9,214
Depreciation -€859
Other operating charges +€481
Financial charges +€1,598
Taxes -€3,991
Result 2025 €16,475

Cash bridge derived

cash 2024 to 2025

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.

From operations +€70,716
Investment €0
Financing -€55,502
Cash 2024 €11,407
Net result for the year +€16,475
Depreciation +€48,400
Receivables within one year +€2,876
Trade debts +€92
Tax, wage and social debts +€2,542
Other debts +€332
Debts after one year -€57,132
Current portion of long-term debt +€1,630
Cash 2025 €26,621
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €812,909 €776,847 -€36,062 -4.4%
Fixed assets 21/28 €765,888 €717,488 -€48,400 -6.3%
Tangible fixed assets 22/27 €723,746 €675,346 -€48,400 -6.7%
Land and buildings 22 €692,636 €651,058 -€41,578 -6.0%
Plant, machinery and equipment 23 €31,110 €24,288 -€6,822 -21.9%
Financial fixed assets 28 €42,142 €42,142 = 0.0%
Current assets 29/58 €47,021 €59,359 +€12,338 +26.2%
Amounts receivable within one year 40/41 €35,614 €32,738 -€2,876 -8.1%
Trade receivables 40 €32,500 €32,500 = 0.0%
Other amounts receivable 41 €3,114 €238 -€2,876 -92.4%
Cash at bank and in hand 54/58 €11,407 €26,621 +€15,214 +133.4%
Total equity and liabilities 10/49 €812,909 €776,847 -€36,062 -4.4%
Equity 10/15 €354,814 €371,288 +€16,475 +4.6%
Contributions 10/11 €62,500 €62,500 = 0.0%
Contributions outside capital 11 €62,500 €62,500 = 0.0%
Other 1109/19 €62,500 €62,500 = 0.0%
Reserves 13 €292,314 €308,788 +€16,475 +5.6%
Distributable reserves 133 €292,314 €308,788 +€16,475 +5.6%
Amounts payable 17/49 €458,095 €405,558 -€52,537 -11.5%
Amounts payable after more than one year 17 €209,816 €152,684 -€57,132 -27.2%
Financial debts 170/4 €209,816 €152,684 -€57,132 -27.2%
Amounts payable within one year 42/48 €248,279 €252,874 +€4,595 +1.9%
Current portion of amounts payable after more than one year 42 €55,502 €57,132 +€1,630 +2.9%
Trade debts 44 - €92 +€92
Suppliers 440/4 - €92 +€92
Taxes, remuneration and social security 45 €2,576 €5,118 +€2,542 +98.7%
Taxes 450/3 €2,576 €5,118 +€2,542 +98.7%
Other amounts payable 47/48 €190,201 €190,533 +€332 +0.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €47,541 €48,400 +€859 +1.8%
Other operating charges 640/8 €12,162 €11,681 -€481 -4.0%
Gross operating margin 9900 €80,301 €89,515 +€9,214 +11.5%
Operating profit (loss) 9901 €20,598 €29,434 +€8,836 +42.9%
Financial charges 65/66B €6,804 €5,206 -€1,598 -23.5%
Recurring financial charges 65 €6,804 €5,206 -€1,598 -23.5%
Profit (loss) for the period before taxes 9903 €13,794 €24,228 +€10,434 +75.6%
Income taxes 67/77 €3,762 €7,753 +€3,991 +106.1%
Profit (loss) for the period 9904 €10,032 €16,475 +€6,443 +64.2%
Profit (loss) for the period to be appropriated 9905 €10,032 €16,475 +€6,443 +64.2%

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 11 October 2026 via checked.be.