KONSTANTOPOULOS: 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.
KONSTANTOPOULOS
Largest movements
- Cash -€8,209
down €8,209 (-85.3%), from €9,623 to €1,414
mainly Investment in fixed assets (net) (-€32,536) and Net result for the year (-€5,856)
- Tangible fixed assets +€7,445
up €7,445 (+1.7%), from €429,649 to €437,094
- Receivables within one year -€5,143
down €5,143 (-9.0%), from €57,008 to €51,864
of which Other amounts receivable: -€5,143
- Profit (loss) carried forward -€5,856
down €5,856 (-16.5%), from €35,545 to €29,689
- Gross operating margin +€2,886
up €2,886 (+10.4%), from €27,653 to €30,539
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 | €499,779 | €493,965 | -€5,815 | -1.2% |
| Fixed assets | 21/28 | €429,649 | €437,094 | +€7,445 | +1.7% |
| Tangible fixed assets | 22/27 | €429,649 | €437,094 | +€7,445 | +1.7% |
| Land and buildings | 22 | €429,649 | €437,094 | +€7,445 | +1.7% |
| Current assets | 29/58 | €70,130 | €56,871 | -€13,259 | -18.9% |
| Amounts receivable within one year | 40/41 | €57,008 | €51,864 | -€5,143 | -9.0% |
| Trade receivables | 40 | €43,560 | €43,560 | = | 0.0% |
| Other amounts receivable | 41 | €13,448 | €8,304 | -€5,143 | -38.2% |
| Cash at bank and in hand | 54/58 | €9,623 | €1,414 | -€8,209 | -85.3% |
| Deferred charges and accrued income | 490/1 | €3,500 | €3,593 | +€93 | +2.7% |
| Total equity and liabilities | 10/49 | €499,779 | €493,965 | -€5,815 | -1.2% |
| Equity | 10/15 | €490,793 | €484,937 | -€5,856 | -1.2% |
| Contributions | 10/11 | €415,000 | €415,000 | = | 0.0% |
| Capital | 10 | €415,000 | €415,000 | = | 0.0% |
| Issued capital | 100 | €415,000 | €415,000 | = | 0.0% |
| Reserves | 13 | €40,248 | €40,248 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,361 | €6,361 | = | 0.0% |
| Legal reserve | 130 | €6,361 | €6,361 | = | 0.0% |
| Distributable reserves | 133 | €33,887 | €33,887 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,545 | €29,689 | -€5,856 | -16.5% |
| Amounts payable | 17/49 | €8,987 | €9,028 | +€42 | +0.5% |
| Amounts payable within one year | 42/48 | €8,987 | €6,028 | -€2,958 | -32.9% |
| Trade debts | 44 | €8,987 | €6,028 | -€2,958 | -32.9% |
| Suppliers | 440/4 | €8,987 | €6,028 | -€2,958 | -32.9% |
| Accrued charges and deferred income | 492/3 | - | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,082 | €25,091 | +€9 | 0.0% |
| Other operating charges | 640/8 | €11,228 | €11,371 | +€143 | +1.3% |
| Gross operating margin | 9900 | €27,653 | €30,539 | +€2,886 | +10.4% |
| Operating profit (loss) | 9901 | -€8,658 | -€5,924 | +€2,734 | +31.6% |
| Financial income | 75/76B | €9 | €200 | +€191 | +2,213% |
| Recurring financial income | 75 | €9 | €200 | +€191 | +2,213% |
| Financial charges | 65/66B | €129 | €133 | +€4 | +3.3% |
| Recurring financial charges | 65 | €129 | €133 | +€4 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,777 | -€5,856 | +€2,921 | +33.3% |
| Profit (loss) for the period | 9904 | -€8,777 | -€5,856 | +€2,921 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,777 | -€5,856 | +€2,921 | +33.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.