MX CONSTRUCT: what changed
Two fiscal 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.
MX CONSTRUCT
Largest movements
- Stocks and contracts +€55,000
up €55,000 (+426.3%), from €12,900 to €67,900
- Cash +€15,558
new in 2017: €15,558
mainly Debts after one year (+€54,356) and Debts within one year (+€12,904)
- Receivables within one year -€3,000
down €3,000 (-2.1%), from €141,368 to €138,368
- Debts after one year +€54,356
up €54,356 (+321.1%), from €16,930 to €71,286
- Debts within one year +€12,904
up €12,904 (+25.7%), from €50,180 to €63,084
- Turnover -€109,077
down €109,077 (-37.9%), from €287,742 to €178,665
- Gross operating margin +€13,613
up €13,613 (+23.1%), from €58,931 to €72,544
From the 2016 result to the 2017 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 2016 and 2017 balance sheets and the 2017 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2016 | 2017 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €154,686 | €223,518 | +€68,832 | +44.5% |
| Fixed assets | 21/28 | €418 | €1,692 | +€1,274 | +304.9% |
| Tangible fixed assets | 22/27 | €127 | €1,401 | +€1,274 | +1005.9% |
| Financial fixed assets | 28 | €291 | €291 | = | 0.0% |
| Current assets | 29/58 | €154,268 | €221,826 | +€67,558 | +43.8% |
| Stocks and contracts in progress | 3 | €12,900 | €67,900 | +€55,000 | +426.3% |
| Amounts receivable within one year | 40/41 | €141,368 | €138,368 | -€3,000 | -2.1% |
| Cash at bank and in hand | 54/58 | - | €15,558 | +€15,558 | |
| Total equity and liabilities | 10/49 | €154,686 | €223,518 | +€68,832 | +44.5% |
| Equity | 10/15 | €87,576 | €89,148 | +€1,572 | +1.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,198 | €6,198 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,404 | €20,976 | +€1,572 | +8.1% |
| Amounts payable | 17/49 | €67,110 | €134,370 | +€67,260 | +100.2% |
| Amounts payable after more than one year | 17 | €16,930 | €71,286 | +€54,356 | +321.1% |
| Amounts payable within one year | 42/48 | €50,180 | €63,084 | +€12,904 | +25.7% |
| Trade debts | 44 | €36,421 | €51,334 | +€14,913 | +40.9% |
| Turnover | 70 | €287,742 | €178,665 | -€109,077 | -37.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,501 | €1,527 | -€1,974 | -56.4% |
| Gross operating margin | 9900 | €58,931 | €72,544 | +€13,613 | +23.1% |
| Operating profit (loss) | 9901 | €6,591 | €8,241 | +€1,649 | +25.0% |
| Recurring financial charges | 65 | €2,629 | €4,465 | +€1,836 | +69.8% |
| Profit (loss) for the period before taxes | 9903 | €3,962 | €3,776 | -€186 | -4.7% |
| Income taxes | 67/77 | €2,567 | €2,204 | -€363 | -14.1% |
| Profit (loss) for the period | 9904 | €1,396 | €1,572 | +€176 | +12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,396 | €1,572 | +€176 | +12.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2016 and 31 December 2017. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.