FULGER 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.
FULGER CONSTRUCT
Largest movements
- Receivables within one year +€63,924
up €63,924 (+238%), from €26,815 to €90,738
of which Trade receivables: +€45,065
- Deferred charges and accrued income -€9,290
down €9,290 (-99.2%), from €9,368 to €78
- Tangible fixed assets -€3,081
down €3,081 (-45.3%), from €6,805 to €3,724
of which Furniture and vehicles: -€1,667
- Cash -€2,406
down €2,406 (-93.3%), from €2,578 to €171
mainly Receivables within one year (-€63,924)
- Trade debts +€34,211
up €34,211 (+244%), from €14,016 to €48,227
- Profit (loss) carried forward +€13,568
up €13,568 (+49.9%), from €27,166 to €40,734
- Tax, wage and social debts +€1,367
up €1,367 (+40.4%), from €3,384 to €4,751
of which Taxes: +€1,367
- Gross operating margin +€8,249
up €8,249 (+69.9%), from €11,805 to €20,054
- Taxes +€3,441
up €3,441 (+263%), from €1,310 to €4,751
- Financial charges -€2,999
down €2,999 (-70.8%), from €4,237 to €1,238
- Financial income +€1,622
up €1,622 (+122%), from €1,329 to €2,951
- Depreciation +€588
up €588 (+23.6%), from €2,494 to €3,081
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 | €45,566 | €94,712 | +€49,146 | +108% |
| Fixed assets | 21/28 | €6,805 | €3,724 | -€3,081 | -45.3% |
| Tangible fixed assets | 22/27 | €6,805 | €3,724 | -€3,081 | -45.3% |
| Plant, machinery and equipment | 23 | €2,639 | €1,224 | -€1,415 | -53.6% |
| Furniture and vehicles | 24 | €4,167 | €2,500 | -€1,667 | -40.0% |
| Current assets | 29/58 | €38,761 | €90,988 | +€52,227 | +135% |
| Amounts receivable within one year | 40/41 | €26,815 | €90,738 | +€63,924 | +238% |
| Trade receivables | 40 | €7,457 | €52,522 | +€45,065 | +604% |
| Other amounts receivable | 41 | €19,358 | €38,216 | +€18,858 | +97.4% |
| Cash at bank and in hand | 54/58 | €2,578 | €171 | -€2,406 | -93.3% |
| Deferred charges and accrued income | 490/1 | €9,368 | €78 | -€9,290 | -99.2% |
| Total equity and liabilities | 10/49 | €45,566 | €94,712 | +€49,146 | +108% |
| Equity | 10/15 | €28,166 | €41,734 | +€13,568 | +48.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,166 | €40,734 | +€13,568 | +49.9% |
| Amounts payable | 17/49 | €17,401 | €52,978 | +€35,578 | +204% |
| Amounts payable within one year | 42/48 | €17,401 | €52,978 | +€35,578 | +204% |
| Trade debts | 44 | €14,016 | €48,227 | +€34,211 | +244% |
| Suppliers | 440/4 | €14,016 | €48,227 | +€34,211 | +244% |
| Taxes, remuneration and social security | 45 | €3,384 | €4,751 | +€1,367 | +40.4% |
| Taxes | 450/3 | €3,384 | €4,751 | +€1,367 | +40.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,494 | €3,081 | +€588 | +23.6% |
| Other operating charges | 640/8 | €685 | €367 | -€318 | -46.5% |
| Non-recurring operating charges | 66A | €1,317 | €0 | -€1,317 | -100% |
| Gross operating margin | 9900 | €11,805 | €20,054 | +€8,249 | +69.9% |
| Operating profit (loss) | 9901 | €7,309 | €16,606 | +€9,297 | +127% |
| Financial income | 75/76B | €1,329 | €2,951 | +€1,622 | +122% |
| Recurring financial income | 75 | €1,329 | €2,951 | +€1,622 | +122% |
| Financial charges | 65/66B | €4,237 | €1,238 | -€2,999 | -70.8% |
| Recurring financial charges | 65 | €4,237 | €1,238 | -€2,999 | -70.8% |
| Profit (loss) for the period before taxes | 9903 | €4,401 | €18,319 | +€13,919 | +316% |
| Income taxes | 67/77 | €1,310 | €4,751 | +€3,441 | +263% |
| Profit (loss) for the period | 9904 | €3,090 | €13,568 | +€10,478 | +339% |
| Profit (loss) for the period to be appropriated | 9905 | €3,090 | €13,568 | +€10,478 | +339% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.