MESSABRIC CONSTRUCT: 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.
MESSABRIC CONSTRUCT
Largest movements
- Stocks and contracts -€18,351
no longer reported in 2025 (was €18,351)
- Receivables within one year -€5,984
down €5,984 (-6.3%), from €94,299 to €88,316
of which Trade receivables: -€4,183
- Trade debts -€26,410
down €26,410 (-75.9%), from €34,790 to €8,379
- Short-term financial debts +€3,045
up €3,045 (+377%), from €808 to €3,854
- Staff costs -€1,941
no longer reported in 2025 (was €1,941)
- Gross operating margin -€1,084
down €1,084 (-16.7%), from €6,507 to €5,423
- Other operating charges +€847
up €847 (+81.4%), from €1,041 to €1,888
- Depreciation +€486
up €486 (+45.9%), from €1,058 to €1,544
- Financial income +€299
up €299 (+59.1%), from €505 to €804
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 | €121,707 | €98,788 | -€22,919 | -18.8% |
| Fixed assets | 21/28 | €3,722 | €4,385 | +€664 | +17.8% |
| Tangible fixed assets | 22/27 | €3,642 | €4,306 | +€664 | +18.2% |
| Furniture and vehicles | 24 | €1,969 | €2,820 | +€851 | +43.2% |
| Other tangible fixed assets | 26 | €1,673 | €1,486 | -€187 | -11.2% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €117,985 | €94,403 | -€23,583 | -20.0% |
| Stocks and contracts in progress | 3 | €18,351 | - | -€18,351 | |
| Stocks | 30/36 | €18,351 | - | -€18,351 | |
| Amounts receivable within one year | 40/41 | €94,299 | €88,316 | -€5,984 | -6.3% |
| Trade receivables | 40 | €90,824 | €86,641 | -€4,183 | -4.6% |
| Other amounts receivable | 41 | €3,475 | €1,675 | -€1,800 | -51.8% |
| Cash at bank and in hand | 54/58 | €3,308 | €4,149 | +€841 | +25.4% |
| Deferred charges and accrued income | 490/1 | €2,028 | €1,938 | -€90 | -4.4% |
| Total equity and liabilities | 10/49 | €121,707 | €98,788 | -€22,919 | -18.8% |
| Equity | 10/15 | €75,626 | €76,018 | +€392 | +0.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,175 | €55,567 | +€392 | +0.7% |
| Amounts payable | 17/49 | €46,081 | €22,770 | -€23,311 | -50.6% |
| Amounts payable within one year | 42/48 | €45,945 | €22,695 | -€23,250 | -50.6% |
| Financial debts | 43 | €808 | €3,854 | +€3,045 | +377% |
| Credit institutions | 430/8 | €808 | €3,854 | +€3,045 | +377% |
| Trade debts | 44 | €34,790 | €8,379 | -€26,410 | -75.9% |
| Suppliers | 440/4 | €34,790 | €8,379 | -€26,410 | -75.9% |
| Taxes, remuneration and social security | 45 | €2,522 | €3,367 | +€844 | +33.5% |
| Taxes | 450/3 | €2,522 | €3,367 | +€844 | +33.5% |
| Other amounts payable | 47/48 | €7,824 | €7,095 | -€729 | -9.3% |
| Accrued charges and deferred income | 492/3 | €137 | €75 | -€61 | -44.9% |
| Remuneration, social security and pensions | 62 | €1,941 | - | -€1,941 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,058 | €1,544 | +€486 | +45.9% |
| Other operating charges | 640/8 | €1,041 | €1,888 | +€847 | +81.4% |
| Gross operating margin | 9900 | €6,507 | €5,423 | -€1,084 | -16.7% |
| Operating profit (loss) | 9901 | €2,466 | €1,991 | -€476 | -19.3% |
| Financial income | 75/76B | €505 | €804 | +€299 | +59.1% |
| Recurring financial income | 75 | €505 | €804 | +€299 | +59.1% |
| Financial charges | 65/66B | €1,164 | €880 | -€284 | -24.4% |
| Recurring financial charges | 65 | €1,164 | €880 | -€284 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €1,807 | €1,915 | +€107 | +5.9% |
| Income taxes | 67/77 | €1,655 | €1,523 | -€132 | -8.0% |
| Profit (loss) for the period | 9904 | €152 | €392 | +€240 | +158% |
| Profit (loss) for the period to be appropriated | 9905 | €152 | €392 | +€240 | +158% |
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.