EUROSTATE 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.
EUROSTATE CONSTRUCT
Largest movements
- Stocks and contracts +€183,786
up €183,786 (+8.6%), from €2.1m to €2.3m
- Cash -€34,621
down €34,621 (-99.6%), from €34,757 to €136
mainly Net result for the year (-€197,191) and Stocks and contracts (-€183,786)
- Other debts +€241,749
up €241,749 (+37.6%), from €642,775 to €884,523
- Profit (loss) carried forward -€197,191
down €197,191 (-63.3%), from -€311,361 to -€508,552
- Trade debts +€57,624
up €57,624 (+203.5%), from €28,319 to €85,943
- Accrued charges and deferred income +€41,372
up €41,372 (+73.8%), from €56,092 to €97,464
- Gross operating margin +€97,649
up €97,649 (+58.8%), from -€166,171 to -€68,522
- Other operating charges -€13,268
down €13,268 (-94.9%), from €13,979 to €710
- Financial charges -€2,106
down €2,106 (-1.6%), from €132,507 to €130,401
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,172,100 | €2,315,654 | +€143,553 | +6.6% |
| Current assets | 29/58 | €2,172,100 | €2,315,654 | +€143,553 | +6.6% |
| Stocks and contracts in progress | 3 | €2,127,923 | €2,311,709 | +€183,786 | +8.6% |
| Stocks | 30/36 | €2,127,923 | €2,311,709 | +€183,786 | +8.6% |
| Amounts receivable within one year | 40/41 | €9,421 | €3,809 | -€5,612 | -59.6% |
| Other amounts receivable | 41 | €9,421 | €3,809 | -€5,612 | -59.6% |
| Cash at bank and in hand | 54/58 | €34,757 | €136 | -€34,621 | -99.6% |
| Total equity and liabilities | 10/49 | €2,172,100 | €2,315,654 | +€143,553 | +6.6% |
| Equity | 10/15 | -€306,361 | -€503,552 | -€197,191 | -64.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€311,361 | -€508,552 | -€197,191 | -63.3% |
| Amounts payable | 17/49 | €2,478,461 | €2,819,206 | +€340,745 | +13.7% |
| Amounts payable after more than one year | 17 | €95,000 | €95,000 | = | 0.0% |
| Financial debts | 170/4 | €95,000 | €95,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,327,369 | €2,626,742 | +€299,373 | +12.9% |
| Financial debts | 43 | €1,656,000 | €1,656,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,656,000 | €1,656,000 | = | 0.0% |
| Trade debts | 44 | €28,319 | €85,943 | +€57,624 | +203.5% |
| Suppliers | 440/4 | €28,319 | €85,943 | +€57,624 | +203.5% |
| Taxes, remuneration and social security | 45 | €276 | €276 | = | 0.0% |
| Taxes | 450/3 | €276 | €276 | = | 0.0% |
| Other amounts payable | 47/48 | €642,775 | €884,523 | +€241,749 | +37.6% |
| Accrued charges and deferred income | 492/3 | €56,092 | €97,464 | +€41,372 | +73.8% |
| Other operating charges | 640/8 | €13,979 | €710 | -€13,268 | -94.9% |
| Gross operating margin | 9900 | -€166,171 | -€68,522 | +€97,649 | +58.8% |
| Operating profit (loss) | 9901 | -€180,150 | -€69,232 | +€110,917 | +61.6% |
| Financial income | 75/76B | €1,577 | €2,723 | +€1,146 | +72.7% |
| Recurring financial income | 75 | €1,577 | €2,723 | +€1,146 | +72.7% |
| Financial charges | 65/66B | €132,507 | €130,401 | -€2,106 | -1.6% |
| Recurring financial charges | 65 | €132,507 | €130,401 | -€2,106 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | -€311,080 | -€196,910 | +€114,170 | +36.7% |
| Income taxes | 67/77 | €281 | €281 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€311,361 | -€197,191 | +€114,170 | +36.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€311,361 | -€197,191 | +€114,170 | +36.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.