F&C CONSTRUCT-INVEST: 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.
F&C CONSTRUCT-INVEST
Largest movements
- Receivables within one year -€147,675
down €147,675 (-87.6%), from €168,570 to €20,896
of which Trade receivables: -€147,980
- Cash +€46,328
up €46,328 (+94.3%), from €49,119 to €95,447
mainly Receivables within one year (+€147,675) and Net result for the year (+€113,335)
- Stocks and contracts +€26,734
up €26,734 (+15.2%), from €175,773 to €202,507
- Tangible fixed assets -€25,463
down €25,463 (-25.2%), from €100,953 to €75,490
- Debts after one year -€198,929
down €198,929 (-87.5%), from €227,399 to €28,470
of which Other amounts payable: -€171,716
- Other debts +€53,737
up €53,737 (+299%), from €18,000 to €71,737
- Short-term financial debts +€32,273
up €32,273, from €0 to €32,273
- Profit (loss) carried forward +€28,335
up €28,335 (+19.2%), from €147,570 to €175,905
- Tax, wage and social debts -€11,650
down €11,650 (-30.9%), from €37,690 to €26,040
- Gross operating margin +€68,855
up €68,855 (+53.0%), from €129,863 to €198,718
- Taxes +€26,194
up €26,194 (+169%), from €15,501 to €41,695
- Other operating charges -€8,499
down €8,499 (-83.2%), from €10,214 to €1,715
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 | €496,509 | €397,366 | -€99,143 | -20.0% |
| Fixed assets | 21/28 | €100,953 | €75,490 | -€25,463 | -25.2% |
| Tangible fixed assets | 22/27 | €100,953 | €75,490 | -€25,463 | -25.2% |
| Furniture and vehicles | 24 | €100,953 | €75,490 | -€25,463 | -25.2% |
| Current assets | 29/58 | €395,556 | €321,876 | -€73,680 | -18.6% |
| Stocks and contracts in progress | 3 | €175,773 | €202,507 | +€26,734 | +15.2% |
| Stocks | 30/36 | €175,773 | €202,507 | +€26,734 | +15.2% |
| Amounts receivable within one year | 40/41 | €168,570 | €20,896 | -€147,675 | -87.6% |
| Trade receivables | 40 | €168,570 | €20,591 | -€147,980 | -87.8% |
| Other amounts receivable | 41 | €0 | €305 | +€305 | |
| Cash at bank and in hand | 54/58 | €49,119 | €95,447 | +€46,328 | +94.3% |
| Deferred charges and accrued income | 490/1 | €2,093 | €3,026 | +€933 | +44.6% |
| Total equity and liabilities | 10/49 | €496,509 | €397,366 | -€99,143 | -20.0% |
| Equity | 10/15 | €166,170 | €194,505 | +€28,335 | +17.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €147,570 | €175,905 | +€28,335 | +19.2% |
| Amounts payable | 17/49 | €330,339 | €202,861 | -€127,478 | -38.6% |
| Amounts payable after more than one year | 17 | €227,399 | €28,470 | -€198,929 | -87.5% |
| Financial debts | 170/4 | €55,683 | €28,470 | -€27,213 | -48.9% |
| Other amounts payable | 178/9 | €171,716 | €0 | -€171,716 | -100% |
| Amounts payable within one year | 42/48 | €102,244 | €174,053 | +€71,809 | +70.2% |
| Current portion of amounts payable after more than one year | 42 | €26,012 | €27,213 | +€1,201 | +4.6% |
| Financial debts | 43 | €0 | €32,273 | +€32,273 | |
| Credit institutions | 430/8 | €0 | €32,273 | +€32,273 | |
| Trade debts | 44 | €20,542 | €16,790 | -€3,752 | -18.3% |
| Suppliers | 440/4 | €20,542 | €16,790 | -€3,752 | -18.3% |
| Taxes, remuneration and social security | 45 | €37,690 | €26,040 | -€11,650 | -30.9% |
| Taxes | 450/3 | €37,690 | €26,040 | -€11,650 | -30.9% |
| Other amounts payable | 47/48 | €18,000 | €71,737 | +€53,737 | +299% |
| Accrued charges and deferred income | 492/3 | €696 | €338 | -€358 | -51.4% |
| Non-recurring operating income | 76A | €29,659 | €0 | -€29,659 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,432 | €26,536 | +€1,105 | +4.3% |
| Other operating charges | 640/8 | €10,214 | €1,715 | -€8,499 | -83.2% |
| Gross operating margin | 9900 | €129,863 | €198,718 | +€68,855 | +53.0% |
| Operating profit (loss) | 9901 | €94,217 | €170,466 | +€76,249 | +80.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €13,666 | €15,436 | +€1,770 | +13.0% |
| Recurring financial charges | 65 | €13,666 | €15,436 | +€1,770 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €80,551 | €155,030 | +€74,479 | +92.5% |
| Income taxes | 67/77 | €15,501 | €41,695 | +€26,194 | +169% |
| Profit (loss) for the period | 9904 | €65,050 | €113,335 | +€48,285 | +74.2% |
| Profit (loss) for the period to be appropriated | 9905 | €65,050 | €113,335 | +€48,285 | +74.2% |
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 21 October 2026 via checked.be.