N et R 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.
N et R CONSTRUCT
Largest movements
- Current assets +€9,414
up €9,414 (+95.3%), from €9,879 to €19,293
of which Cash: +€6,668
- Tangible fixed assets -€480
down €480 (-4.8%), from €10,046 to €9,566
- Equity +€9,750
up €9,750 (+70.3%), from -€13,873 to -€4,122
of which Profit (loss) carried forward: +€9,750
- Debts within one year -€816
down €816 (-2.4%), from €33,797 to €32,981
of which Trade debts: -€2,171
- Gross operating margin +€16,616
up €16,616, from -€5,607 to €11,009
- Depreciation -€1,440
down €1,440 (-75.0%), from €1,920 to €480
- Financial charges +€421
new in 2022: €421
- Staff costs +€357
new in 2022: €357
From the 2021 result to the 2022 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,924 | €28,859 | +€8,934 | +44.8% |
| Fixed assets | 21/28 | €10,046 | €9,566 | -€480 | -4.8% |
| Tangible fixed assets | 22/27 | €10,046 | €9,566 | -€480 | -4.8% |
| Furniture and vehicles | 24 | - | €9,566 | +€9,566 | |
| Current assets | 29/58 | €9,879 | €19,293 | +€9,414 | +95.3% |
| Amounts receivable within one year | 40/41 | €9,662 | €12,488 | +€2,826 | +29.3% |
| Trade receivables | 40 | - | €669 | +€669 | |
| Other amounts receivable | 41 | - | €11,819 | +€11,819 | |
| Cash at bank and in hand | 54/58 | €137 | €6,805 | +€6,668 | +4855.9% |
| Total equity and liabilities | 10/49 | €19,924 | €28,859 | +€8,934 | +44.8% |
| Equity | 10/15 | -€13,873 | -€4,122 | +€9,750 | +70.3% |
| Contributions | 10/11 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€21,933 | -€12,182 | +€9,750 | +44.5% |
| Amounts payable | 17/49 | €33,797 | €32,981 | -€816 | -2.4% |
| Amounts payable within one year | 42/48 | €33,797 | €32,981 | -€816 | -2.4% |
| Trade debts | 44 | €16,810 | €14,639 | -€2,171 | -12.9% |
| Suppliers | 440/4 | - | €14,639 | +€14,639 | |
| Advances received on contracts in progress | 46 | - | €5,553 | +€5,553 | |
| Taxes, remuneration and social security | 45 | - | €86 | +€86 | |
| Taxes | 450/3 | - | €86 | +€86 | |
| Other amounts payable | 47/48 | - | €12,704 | +€12,704 | |
| Remuneration, social security and pensions | 62 | - | €357 | +€357 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,920 | €480 | -€1,440 | -75.0% |
| Gross operating margin | 9900 | -€5,607 | €11,009 | +€16,616 | |
| Operating profit (loss) | 9901 | -€17,895 | €10,171 | +€28,066 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | €16 | €0 | -€16 | -99.4% |
| Financial charges | 65/66B | - | €421 | +€421 | |
| Recurring financial charges | 65 | €396 | €421 | +€25 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,275 | €9,750 | +€28,025 | |
| Profit (loss) for the period | 9904 | -€18,275 | €9,750 | +€28,025 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,275 | €9,750 | +€28,025 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2021 and 30 June 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.