Investeringen en Constructies: 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.
Investeringen en Constructies
Largest movements
- Current investments +€528,902
up €528,902 (+36,308%), from €1,457 to €530,359
- Cash -€485,920
down €485,920 (-99.6%), from €487,965 to €2,045
mainly Current investments (-€528,902)
- Profit (loss) carried forward +€30,139
up €30,139 (+24.3%), from €124,203 to €154,342
- Gross operating margin +€30,441
up €30,441 (+235%), from €12,970 to €43,411
- Financial income -€8,157
down €8,157 (-50.6%), from €16,108 to €7,950
- Other operating charges +€3,970
up €3,970 (+69.4%), from €5,718 to €9,688
- Taxes -€3,662
down €3,662 (-95.6%), from €3,832 to €170
- Depreciation -€3,538
down €3,538 (-23.8%), from €14,862 to €11,324
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 | €1,344,289 | €1,375,948 | +€31,658 | +2.4% |
| Fixed assets | 21/28 | €579,000 | €567,676 | -€11,324 | -2.0% |
| Tangible fixed assets | 22/27 | €247,700 | €236,376 | -€11,324 | -4.6% |
| Land and buildings | 22 | €247,700 | €236,376 | -€11,324 | -4.6% |
| Financial fixed assets | 28 | €331,300 | €331,300 | = | 0.0% |
| Current assets | 29/58 | €765,289 | €808,272 | +€42,982 | +5.6% |
| Stocks and contracts in progress | 3 | €269,035 | €269,035 | = | 0.0% |
| Stocks | 30/36 | €269,035 | €269,035 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,832 | €6,832 | = | 0.0% |
| Other amounts receivable | 41 | €6,832 | €6,832 | = | 0.0% |
| Current investments | 50/53 | €1,457 | €530,359 | +€528,902 | +36,308% |
| Cash at bank and in hand | 54/58 | €487,965 | €2,045 | -€485,920 | -99.6% |
| Total equity and liabilities | 10/49 | €1,344,289 | €1,375,948 | +€31,658 | +2.4% |
| Equity | 10/15 | €1,344,289 | €1,374,428 | +€30,139 | +2.2% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €720,086 | €720,086 | = | 0.0% |
| Non-distributable reserves | 130/1 | €350,086 | €350,086 | = | 0.0% |
| Legal reserve | 130 | €72,885 | €72,885 | = | 0.0% |
| Reserves not available under the articles | 1311 | €0 | €0 | = | |
| Other | 1319 | €277,201 | €277,201 | = | 0.0% |
| Distributable reserves | 133 | €370,000 | €370,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,203 | €154,342 | +€30,139 | +24.3% |
| Amounts payable | 17/49 | - | €1,519 | +€1,519 | |
| Amounts payable within one year | 42/48 | - | €1,519 | +€1,519 | |
| Trade debts | 44 | - | €1,519 | +€1,519 | |
| Suppliers | 440/4 | - | €1,519 | +€1,519 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,862 | €11,324 | -€3,538 | -23.8% |
| Other operating charges | 640/8 | €5,718 | €9,688 | +€3,970 | +69.4% |
| Gross operating margin | 9900 | €12,970 | €43,411 | +€30,441 | +235% |
| Operating profit (loss) | 9901 | -€7,610 | €22,399 | +€30,009 | |
| Financial income | 75/76B | €16,108 | €7,950 | -€8,157 | -50.6% |
| Recurring financial income | 75 | €16,108 | €7,950 | -€8,157 | -50.6% |
| Financial charges | 65/66B | €29 | €40 | +€11 | +40.0% |
| Recurring financial charges | 65 | €29 | €40 | +€11 | +40.0% |
| Profit (loss) for the period before taxes | 9903 | €8,469 | €30,309 | +€21,840 | +258% |
| Income taxes | 67/77 | €3,832 | €170 | -€3,662 | -95.6% |
| Profit (loss) for the period | 9904 | €4,637 | €30,139 | +€25,503 | +550% |
| Profit (loss) for the period to be appropriated | 9905 | €4,637 | €30,139 | +€25,503 | +550% |
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 15 October 2026 via checked.be.