Insieme 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.
Insieme Construct
Largest movements
- Receivables within one year -€834
down €834 (-94.2%), from €886 to €52
- Cash +€775
up €775 (+28.5%), from €2,723 to €3,498
mainly Other debts (+€3,941) and Receivables within one year (+€834)
- Profit (loss) carried forward -€3,973
down €3,973 (-43.7%), from -€9,091 to -€13,064
- Other debts +€3,941
up €3,941 (+5.9%), from €66,926 to €70,867
- Gross operating margin -€881
down €881 (-39.6%), from -€2,225 to -€3,106
- Financial charges +€219
up €219 (+51.3%), from €426 to €644
- Other operating charges +€33
up €33 (+17.5%), from €189 to €222
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 | €58,834 | €58,803 | -€31 | -0.1% |
| Current assets | 29/58 | €58,834 | €58,803 | -€31 | -0.1% |
| Stocks and contracts in progress | 3 | €55,150 | €55,150 | = | 0.0% |
| Stocks | 30/36 | €55,150 | €55,150 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €886 | €52 | -€834 | -94.2% |
| Other amounts receivable | 41 | €886 | €52 | -€834 | -94.2% |
| Cash at bank and in hand | 54/58 | €2,723 | €3,498 | +€775 | +28.5% |
| Deferred charges and accrued income | 490/1 | €75 | €103 | +€28 | +37.2% |
| Total equity and liabilities | 10/49 | €58,834 | €58,803 | -€31 | -0.1% |
| Equity | 10/15 | -€8,091 | -€12,064 | -€3,973 | -49.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,091 | -€13,064 | -€3,973 | -43.7% |
| Amounts payable | 17/49 | €66,926 | €70,867 | +€3,941 | +5.9% |
| Amounts payable within one year | 42/48 | €66,926 | €70,867 | +€3,941 | +5.9% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €66,926 | €70,867 | +€3,941 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €189 | €222 | +€33 | +17.5% |
| Gross operating margin | 9900 | -€2,225 | -€3,106 | -€881 | -39.6% |
| Operating profit (loss) | 9901 | -€2,414 | -€3,328 | -€914 | -37.8% |
| Financial charges | 65/66B | €426 | €644 | +€219 | +51.3% |
| Recurring financial charges | 65 | €426 | €644 | +€219 | +51.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,840 | -€3,973 | -€1,132 | -39.9% |
| Profit (loss) for the period | 9904 | -€2,840 | -€3,973 | -€1,132 | -39.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,840 | -€3,973 | -€1,132 | -39.9% |
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 1 October 2026 via checked.be.