MORREALE CONSTRUCTIONS: 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.
MORREALE CONSTRUCTIONS
Largest movements
- Cash +€100,183
up €100,183 (+4,130%), from €2,426 to €102,608
mainly Net result for the year (+€68,664) and Receivables within one year (+€61,408)
- Receivables within one year -€61,408
down €61,408 (-91.0%), from €67,472 to €6,064
of which Trade receivables: -€60,142
- Tangible fixed assets +€32,585
up €32,585 (+46,438%), from €70 to €32,655
of which Furniture and vehicles: +€31,742
- Deferred charges and accrued income -€2,374
down €2,374 (-49.3%), from €4,810 to €2,437
- Profit (loss) carried forward +€68,664
up €68,664, from -€66,633 to €2,031
- Tax, wage and social debts +€12,178
up €12,178 (+597%), from €2,039 to €14,217
of which Taxes: +€7,737
- Trade debts -€12,107
down €12,107 (-21.5%), from €56,437 to €44,330
- Debts after one year -€10,348
down €10,348 (-18.2%), from €56,947 to €46,599
of which Other amounts payable: -€22,230
- Current portion of long-term debt +€9,548
up €9,548 (+35.0%), from €27,259 to €36,807
- Gross operating margin +€47,950
up €47,950 (+60.1%), from €79,732 to €127,682
- Staff costs +€5,177
up €5,177 (+11.9%), from €43,662 to €48,839
- Depreciation +€2,667
up €2,667 (+226%), from €1,178 to €3,846
- Financial charges -€1,617
down €1,617 (-27.4%), from €5,895 to €4,278
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 | €96,508 | €164,443 | +€67,935 | +70.4% |
| Fixed assets | 21/28 | €2,570 | €35,155 | +€32,585 | +1,268% |
| Tangible fixed assets | 22/27 | €70 | €32,655 | +€32,585 | +46,438% |
| Plant, machinery and equipment | 23 | €31 | €874 | +€843 | +2,710% |
| Furniture and vehicles | 24 | €39 | €31,781 | +€31,742 | +81,265% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €93,938 | €129,288 | +€35,350 | +37.6% |
| Stocks and contracts in progress | 3 | €19,230 | €18,179 | -€1,052 | -5.5% |
| Stocks | 30/36 | €19,230 | €18,179 | -€1,052 | -5.5% |
| Amounts receivable within one year | 40/41 | €67,472 | €6,064 | -€61,408 | -91.0% |
| Trade receivables | 40 | €62,206 | €2,063 | -€60,142 | -96.7% |
| Other amounts receivable | 41 | €5,266 | €4,001 | -€1,266 | -24.0% |
| Cash at bank and in hand | 54/58 | €2,426 | €102,608 | +€100,183 | +4,130% |
| Deferred charges and accrued income | 490/1 | €4,810 | €2,437 | -€2,374 | -49.3% |
| Total equity and liabilities | 10/49 | €96,508 | €164,443 | +€67,935 | +70.4% |
| Equity | 10/15 | -€46,173 | €22,491 | +€68,664 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,633 | €2,031 | +€68,664 | |
| Amounts payable | 17/49 | €142,681 | €141,952 | -€729 | -0.5% |
| Amounts payable after more than one year | 17 | €56,947 | €46,599 | -€10,348 | -18.2% |
| Financial debts | 170/4 | €18,444 | €30,325 | +€11,882 | +64.4% |
| Other amounts payable | 178/9 | €38,503 | €16,273 | -€22,230 | -57.7% |
| Amounts payable within one year | 42/48 | €85,734 | €95,354 | +€9,620 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €27,259 | €36,807 | +€9,548 | +35.0% |
| Trade debts | 44 | €56,437 | €44,330 | -€12,107 | -21.5% |
| Suppliers | 440/4 | €56,437 | €44,330 | -€12,107 | -21.5% |
| Taxes, remuneration and social security | 45 | €2,039 | €14,217 | +€12,178 | +597% |
| Taxes | 450/3 | €767 | €8,505 | +€7,737 | +1,008% |
| Remuneration and social security | 454/9 | €1,271 | €5,712 | +€4,441 | +349% |
| Remuneration, social security and pensions | 62 | €43,662 | €48,839 | +€5,177 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,178 | €3,846 | +€2,667 | +226% |
| Other operating charges | 640/8 | €2,029 | €2,195 | +€166 | +8.2% |
| Gross operating margin | 9900 | €79,732 | €127,682 | +€47,950 | +60.1% |
| Operating profit (loss) | 9901 | €32,863 | €72,802 | +€39,940 | +122% |
| Financial income | 75/76B | €336 | €219 | -€118 | -35.0% |
| Recurring financial income | 75 | €336 | €219 | -€118 | -35.0% |
| Financial charges | 65/66B | €5,895 | €4,278 | -€1,617 | -27.4% |
| Recurring financial charges | 65 | €5,895 | €4,278 | -€1,617 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €27,303 | €68,743 | +€41,439 | +152% |
| Income taxes | 67/77 | €148 | €79 | -€68 | -46.4% |
| Profit (loss) for the period | 9904 | €27,156 | €68,664 | +€41,508 | +153% |
| Profit (loss) for the period to be appropriated | 9905 | €27,156 | €68,664 | +€41,508 | +153% |
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 23 October 2026 via checked.be.