GRUP ED-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.
GRUP ED-CONSTRUCT
Largest movements
- Receivables within one year -€11,396
down €11,396 (-32.3%), from €35,276 to €23,880
of which Trade receivables: -€13,227
- Tangible fixed assets -€1,200
down €1,200 (-43.2%), from €2,778 to €1,578
- Cash +€776
up €776 (+38.0%), from €2,042 to €2,818
mainly Trade debts (+€30,055) and Other debts (+€28,199)
- Profit (loss) carried forward -€69,295
down €69,295, from €13,831 to -€55,464
- Trade debts +€30,055
up €30,055 (+456.6%), from €6,582 to €36,637
- Other debts +€28,199
up €28,199 (+256.0%), from €11,013 to €39,212
- Tax, wage and social debts -€757
down €757 (-13.1%), from €5,762 to €5,005
- Gross operating margin -€89,189
down €89,189, from €26,792 to -€62,397
- Taxes -€4,548
down €4,548 (-95.2%), from €4,776 to €228
- Other operating charges -€2,505
down €2,505 (-90.6%), from €2,766 to €260
- Financial charges -€1,674
down €1,674 (-21.0%), from €7,990 to €6,316
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,188 | €28,389 | -€11,799 | -29.4% |
| Fixed assets | 21/28 | €2,778 | €1,578 | -€1,200 | -43.2% |
| Tangible fixed assets | 22/27 | €2,778 | €1,578 | -€1,200 | -43.2% |
| Furniture and vehicles | 24 | €2,778 | €1,578 | -€1,200 | -43.2% |
| Current assets | 29/58 | €37,410 | €26,811 | -€10,599 | -28.3% |
| Amounts receivable within one year | 40/41 | €35,276 | €23,880 | -€11,396 | -32.3% |
| Trade receivables | 40 | €13,700 | €472 | -€13,227 | -96.6% |
| Other amounts receivable | 41 | €21,576 | €23,407 | +€1,831 | +8.5% |
| Cash at bank and in hand | 54/58 | €2,042 | €2,818 | +€776 | +38.0% |
| Deferred charges and accrued income | 490/1 | €92 | €113 | +€22 | +23.4% |
| Total equity and liabilities | 10/49 | €40,188 | €28,389 | -€11,799 | -29.4% |
| Equity | 10/15 | €16,831 | -€52,464 | -€69,295 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,831 | -€55,464 | -€69,295 | |
| Amounts payable | 17/49 | €23,357 | €80,853 | +€57,496 | +246.2% |
| Amounts payable within one year | 42/48 | €23,357 | €80,853 | +€57,496 | +246.2% |
| Trade debts | 44 | €6,582 | €36,637 | +€30,055 | +456.6% |
| Suppliers | 440/4 | €6,582 | €36,637 | +€30,055 | +456.6% |
| Taxes, remuneration and social security | 45 | €5,762 | €5,005 | -€757 | -13.1% |
| Taxes | 450/3 | €5,762 | €5,005 | -€757 | -13.1% |
| Other amounts payable | 47/48 | €11,013 | €39,212 | +€28,199 | +256.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €822 | €1,200 | +€378 | +46.0% |
| Other operating charges | 640/8 | €2,766 | €260 | -€2,505 | -90.6% |
| Gross operating margin | 9900 | €26,792 | -€62,397 | -€89,189 | |
| Operating profit (loss) | 9901 | €23,204 | -€63,857 | -€87,062 | |
| Financial income | 75/76B | €1,418 | €1,107 | -€311 | -22.0% |
| Recurring financial income | 75 | €1,418 | €1,107 | -€311 | -22.0% |
| Financial charges | 65/66B | €7,990 | €6,316 | -€1,674 | -21.0% |
| Recurring financial charges | 65 | €7,990 | €6,316 | -€1,674 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €16,632 | -€69,067 | -€85,699 | |
| Income taxes | 67/77 | €4,776 | €228 | -€4,548 | -95.2% |
| Profit (loss) for the period | 9904 | €11,856 | -€69,295 | -€81,151 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,856 | -€69,295 | -€81,151 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.