F.S. 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.
F.S. CONSTRUCT
Largest movements
- Receivables within one year -€4,213
down €4,213 (-4.1%), from €102,600 to €98,387
of which Trade receivables: -€4,277
- Trade debts -€4,030
down €4,030 (-16.0%), from €25,180 to €21,150
- Tax, wage and social debts -€2,890
no longer reported in 2025 (was €2,890)
- Short-term financial debts +€2,419
up €2,419 (+92.0%), from €2,631 to €5,050
- Gross operating margin -€25,808
down €25,808, from €24,302 to -€1,506
- Taxes -€19,913
no longer reported in 2025 (was €19,913)
- Financial income -€337
down €337 (-9.0%), from €3,738 to €3,401
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 | €102,622 | €98,396 | -€4,226 | -4.1% |
| Current assets | 29/58 | €102,622 | €98,396 | -€4,226 | -4.1% |
| Amounts receivable within one year | 40/41 | €102,600 | €98,387 | -€4,213 | -4.1% |
| Trade receivables | 40 | €39,740 | €35,464 | -€4,277 | -10.8% |
| Other amounts receivable | 41 | €62,860 | €62,923 | +€64 | +0.1% |
| Cash at bank and in hand | 54/58 | €10 | €9 | -€0 | -4.2% |
| Deferred charges and accrued income | 490/1 | €13 | - | -€13 | |
| Total equity and liabilities | 10/49 | €102,622 | €98,396 | -€4,226 | -4.1% |
| Equity | 10/15 | €71,921 | €72,196 | +€275 | +0.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €11,305 | €11,305 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,305 | €11,305 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,305 | €11,305 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,517 | €60,791 | +€275 | +0.5% |
| Amounts payable | 17/49 | €30,701 | €26,200 | -€4,501 | -14.7% |
| Amounts payable within one year | 42/48 | €30,701 | €26,200 | -€4,501 | -14.7% |
| Financial debts | 43 | €2,631 | €5,050 | +€2,419 | +92.0% |
| Credit institutions | 430/8 | €2,631 | €5,050 | +€2,419 | +92.0% |
| Trade debts | 44 | €25,180 | €21,150 | -€4,030 | -16.0% |
| Suppliers | 440/4 | €25,180 | €21,150 | -€4,030 | -16.0% |
| Taxes, remuneration and social security | 45 | €2,890 | - | -€2,890 | |
| Remuneration and social security | 454/9 | €2,890 | - | -€2,890 | |
| Other operating charges | 640/8 | €617 | €547 | -€70 | -11.4% |
| Gross operating margin | 9900 | €24,302 | -€1,506 | -€25,808 | |
| Operating profit (loss) | 9901 | €23,685 | -€2,053 | -€25,738 | |
| Financial income | 75/76B | €3,738 | €3,401 | -€337 | -9.0% |
| Recurring financial income | 75 | €3,738 | €3,401 | -€337 | -9.0% |
| Financial charges | 65/66B | €917 | €1,073 | +€156 | +17.0% |
| Recurring financial charges | 65 | €917 | €1,073 | +€156 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €26,506 | €275 | -€26,231 | -99.0% |
| Income taxes | 67/77 | €19,913 | - | -€19,913 | |
| Profit (loss) for the period | 9904 | €6,593 | €275 | -€6,318 | -95.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,593 | €275 | -€6,318 | -95.8% |
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 9 October 2026 via checked.be.