F-Constructions: 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.
F-Constructions
Largest movements
- Receivables within one year -€6,832
down €6,832 (-17.1%), from €39,948 to €33,116
of which Other amounts receivable: -€6,101
- Tangible fixed assets -€2,238
down €2,238 (-26.7%), from €8,381 to €6,143
of which Furniture and vehicles: -€1,943
- Cash -€1,365
down €1,365 (-43.9%), from €3,112 to €1,747
mainly Net result for the year (-€7,879) and Trade debts (-€2,178)
- Profit (loss) carried forward -€6,931
down €6,931, from €0 to -€6,931
- Trade debts -€2,178
down €2,178 (-24.5%), from €8,874 to €6,697
- Tax, wage and social debts -€1,928
down €1,928 (-17.5%), from €10,991 to €9,064
of which Taxes: -€3,416
- Other debts +€1,816
up €1,816 (+11.8%), from €15,450 to €17,266
- Reserves -€948
down €948 (-100.0%), from €948 to €0
- Gross operating margin -€13,943
down €13,943, from €13,902 to -€41
- Taxes -€2,601
down €2,601 (-92.0%), from €2,828 to €227
- Financial charges +€1,737
up €1,737 (+42.4%), from €4,093 to €5,829
- Depreciation +€888
up €888 (+65.8%), from €1,350 to €2,238
- Financial income +€819
up €819 (+73.2%), from €1,119 to €1,939
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.
Cash bridge derived
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 | €55,179 | €44,781 | -€10,398 | -18.8% |
| Fixed assets | 21/28 | €8,381 | €6,143 | -€2,238 | -26.7% |
| Tangible fixed assets | 22/27 | €8,381 | €6,143 | -€2,238 | -26.7% |
| Plant, machinery and equipment | 23 | €894 | €599 | -€295 | -33.0% |
| Furniture and vehicles | 24 | €7,487 | €5,544 | -€1,943 | -26.0% |
| Current assets | 29/58 | €46,798 | €38,638 | -€8,160 | -17.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €39,948 | €33,116 | -€6,832 | -17.1% |
| Trade receivables | 40 | €4,226 | €3,494 | -€732 | -17.3% |
| Other amounts receivable | 41 | €35,722 | €29,622 | -€6,101 | -17.1% |
| Cash at bank and in hand | 54/58 | €3,112 | €1,747 | -€1,365 | -43.9% |
| Deferred charges and accrued income | 490/1 | €3,739 | €3,776 | +€37 | +1.0% |
| Total equity and liabilities | 10/49 | €55,179 | €44,781 | -€10,398 | -18.8% |
| Equity | 10/15 | €19,548 | €11,669 | -€7,879 | -40.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €948 | €0 | -€948 | -100.0% |
| Distributable reserves | 133 | €948 | €0 | -€948 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | -€6,931 | -€6,931 | |
| Amounts payable | 17/49 | €35,631 | €33,112 | -€2,519 | -7.1% |
| Amounts payable within one year | 42/48 | €35,316 | €33,027 | -€2,289 | -6.5% |
| Trade debts | 44 | €8,874 | €6,697 | -€2,178 | -24.5% |
| Suppliers | 440/4 | €8,874 | €6,697 | -€2,178 | -24.5% |
| Taxes, remuneration and social security | 45 | €10,991 | €9,064 | -€1,928 | -17.5% |
| Taxes | 450/3 | €5,867 | €2,452 | -€3,416 | -58.2% |
| Remuneration and social security | 454/9 | €5,124 | €6,612 | +€1,488 | +29.0% |
| Other amounts payable | 47/48 | €15,450 | €17,266 | +€1,816 | +11.8% |
| Accrued charges and deferred income | 492/3 | €316 | €85 | -€231 | -73.0% |
| Non-recurring operating income | 76A | - | €4,959 | +€4,959 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,350 | €2,238 | +€888 | +65.8% |
| Other operating charges | 640/8 | €1,182 | €930 | -€252 | -21.3% |
| Non-recurring operating charges | 66A | €1,011 | €553 | -€458 | -45.3% |
| Gross operating margin | 9900 | €13,902 | -€41 | -€13,943 | |
| Operating profit (loss) | 9901 | €10,359 | -€3,761 | -€14,121 | |
| Financial income | 75/76B | €1,119 | €1,939 | +€819 | +73.2% |
| Recurring financial income | 75 | €1,119 | €1,939 | +€819 | +73.2% |
| Financial charges | 65/66B | €4,093 | €5,829 | +€1,737 | +42.4% |
| Recurring financial charges | 65 | €4,093 | €5,829 | +€1,737 | +42.4% |
| Profit (loss) for the period before taxes | 9903 | €7,386 | -€7,652 | -€15,038 | |
| Income taxes | 67/77 | €2,828 | €227 | -€2,601 | -92.0% |
| Profit (loss) for the period | 9904 | €4,558 | -€7,879 | -€12,437 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,558 | -€7,879 | -€12,437 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.