Konstructo: 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.
Konstructo
Largest movements
- Receivables within one year -€76,661
down €76,661 (-31.5%), from €243,702 to €167,041
of which Trade receivables: -€59,765
- Stocks and contracts -€73,040
down €73,040 (-100.0%), from €73,040 to €0
- Tangible fixed assets +€37,359
up €37,359 (+182.4%), from €20,479 to €57,837
of which Furniture and vehicles: +€44,059
- Cash -€18,916
down €18,916 (-64.3%), from €29,408 to €10,492
mainly Trade debts (-€107,069) and Other debts (-€78,354)
- Deferred charges and accrued income -€3,709
down €3,709 (-97.6%), from €3,802 to €93
- Trade debts -€107,069
down €107,069 (-57.2%), from €187,027 to €79,959
- Other debts -€78,354
down €78,354 (-90.4%), from €86,685 to €8,330
- Debts after one year +€41,472
up €41,472 (+210.4%), from €19,715 to €61,186
- Current portion of long-term debt +€19,719
up €19,719 (+250.1%), from €7,886 to €27,605
- Tax, wage and social debts -€5,614
down €5,614 (-51.3%), from €10,947 to €5,333
of which Remuneration and social security: -€3,996
- Gross operating margin +€35,032
up €35,032, from -€23,689 to €11,343
- Staff costs -€26,359
no longer reported in 2023 (was €26,359)
- Depreciation +€1,609
up €1,609 (+22.3%), from €7,218 to €8,827
- Other operating charges +€920
up €920 (+255.2%), from €361 to €1,281
- Financial income +€626
up €626 (+3132.5%), from €20 to €646
of which Non-recurring financial income: +€373
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 | €370,430 | €235,464 | -€134,967 | -36.4% |
| Fixed assets | 21/28 | €20,479 | €57,837 | +€37,359 | +182.4% |
| Tangible fixed assets | 22/27 | €20,479 | €57,837 | +€37,359 | +182.4% |
| Plant, machinery and equipment | 23 | €17,640 | €10,940 | -€6,700 | -38.0% |
| Furniture and vehicles | 24 | €2,838 | €46,897 | +€44,059 | +1552.3% |
| Current assets | 29/58 | €349,952 | €177,627 | -€172,325 | -49.2% |
| Stocks and contracts in progress | 3 | €73,040 | €0 | -€73,040 | -100.0% |
| Stocks | 30/36 | €73,040 | €0 | -€73,040 | -100.0% |
| Amounts receivable within one year | 40/41 | €243,702 | €167,041 | -€76,661 | -31.5% |
| Trade receivables | 40 | €207,238 | €147,473 | -€59,765 | -28.8% |
| Other amounts receivable | 41 | €36,464 | €19,568 | -€16,896 | -46.3% |
| Cash at bank and in hand | 54/58 | €29,408 | €10,492 | -€18,916 | -64.3% |
| Deferred charges and accrued income | 490/1 | €3,802 | €93 | -€3,709 | -97.6% |
| Total equity and liabilities | 10/49 | €370,430 | €235,464 | -€134,967 | -36.4% |
| Equity | 10/15 | €55,882 | €53,050 | -€2,832 | -5.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,882 | €50,050 | -€2,832 | -5.4% |
| Amounts payable | 17/49 | €314,548 | €182,413 | -€132,135 | -42.0% |
| Amounts payable after more than one year | 17 | €19,715 | €61,186 | +€41,472 | +210.4% |
| Financial debts | 170/4 | €19,715 | €61,186 | +€41,472 | +210.4% |
| Amounts payable within one year | 42/48 | €294,833 | €121,227 | -€173,606 | -58.9% |
| Current portion of amounts payable after more than one year | 42 | €7,886 | €27,605 | +€19,719 | +250.1% |
| Trade debts | 44 | €187,027 | €79,959 | -€107,069 | -57.2% |
| Suppliers | 440/4 | €187,027 | €79,959 | -€107,069 | -57.2% |
| Advances received on contracts in progress | 46 | €2,289 | €0 | -€2,289 | -100.0% |
| Taxes, remuneration and social security | 45 | €10,947 | €5,333 | -€5,614 | -51.3% |
| Taxes | 450/3 | €4,951 | €3,333 | -€1,619 | -32.7% |
| Remuneration and social security | 454/9 | €5,996 | €2,000 | -€3,996 | -66.6% |
| Other amounts payable | 47/48 | €86,685 | €8,330 | -€78,354 | -90.4% |
| Remuneration, social security and pensions | 62 | €26,359 | - | -€26,359 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,218 | €8,827 | +€1,609 | +22.3% |
| Other operating charges | 640/8 | €361 | €1,281 | +€920 | +255.2% |
| Non-recurring operating charges | 66A | - | €1,959 | +€1,959 | |
| Gross operating margin | 9900 | -€23,689 | €11,343 | +€35,032 | |
| Operating profit (loss) | 9901 | -€57,626 | -€724 | +€56,903 | +98.7% |
| Financial income | 75/76B | €20 | €646 | +€626 | +3132.5% |
| Recurring financial income | 75 | €20 | €274 | +€254 | +1269.8% |
| Non-recurring financial income | 76B | - | €373 | +€373 | |
| Financial charges | 65/66B | €2,174 | €2,461 | +€287 | +13.2% |
| Recurring financial charges | 65 | €2,174 | €2,461 | +€287 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | -€59,781 | -€2,539 | +€57,242 | +95.8% |
| Income taxes | 67/77 | €287 | €293 | +€6 | +2.2% |
| Profit (loss) for the period | 9904 | -€60,068 | -€2,832 | +€57,236 | +95.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€60,068 | -€2,832 | +€57,236 | +95.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.