NADORCONSTRUCT: what changed
NADORCONSTRUCT
Largest movements
- Stocks and contracts +€15,047
up €15,047 (+860%), from €1,750 to €16,797
- Cash +€9,695
up €9,695 (+1,429%), from €678 to €10,373
mainly Trade debts (+€10,043) and Net result for the year (+€8,461)
- Receivables within one year -€3,202
down €3,202 (-26.4%), from €12,106 to €8,904
of which Trade receivables: -€5,774
- Tangible fixed assets -€2,970
down €2,970 (-70.5%), from €4,211 to €1,241
of which Furniture and vehicles: -€2,731
- Trade debts +€10,043
up €10,043 (+368%), from €2,731 to €12,774
- Profit (loss) carried forward +€8,461
up €8,461 (+472%), from €1,792 to €10,252
- Other debts +€744
up €744 (+15.4%), from €4,845 to €5,589
- Tax, wage and social debts -€493
down €493 (-11.3%), from €4,378 to €3,885
of which Taxes: -€1,493
- Gross operating margin +€15,226
up €15,226, from -€2,316 to €12,910
- Taxes +€654
new in 2024: €654
- Depreciation -€603
down €603 (-16.9%), from €3,573 to €2,970
- Staff costs +€316
up €316 (+527%), from €60 to €376
- Other operating charges -€136
down €136 (-39.0%), from €348 to €212
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,746 | €37,501 | +€18,755 | +100% |
| Fixed assets | 21/28 | €4,211 | €1,241 | -€2,970 | -70.5% |
| Tangible fixed assets | 22/27 | €4,211 | €1,241 | -€2,970 | -70.5% |
| Plant, machinery and equipment | 23 | €1,481 | €1,241 | -€240 | -16.2% |
| Furniture and vehicles | 24 | €2,731 | - | -€2,731 | |
| Current assets | 29/58 | €14,535 | €36,260 | +€21,725 | +149% |
| Stocks and contracts in progress | 3 | €1,750 | €16,797 | +€15,047 | +860% |
| Stocks | 30/36 | €1,750 | €16,797 | +€15,047 | +860% |
| Amounts receivable within one year | 40/41 | €12,106 | €8,904 | -€3,202 | -26.4% |
| Trade receivables | 40 | €7,462 | €1,688 | -€5,774 | -77.4% |
| Other amounts receivable | 41 | €4,645 | €7,216 | +€2,572 | +55.4% |
| Cash at bank and in hand | 54/58 | €678 | €10,373 | +€9,695 | +1,429% |
| Deferred charges and accrued income | 490/1 | - | €185 | +€185 | |
| Total equity and liabilities | 10/49 | €18,746 | €37,501 | +€18,755 | +100% |
| Equity | 10/15 | €6,792 | €15,252 | +€8,461 | +125% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,792 | €10,252 | +€8,461 | +472% |
| Amounts payable | 17/49 | €11,954 | €22,248 | +€10,294 | +86.1% |
| Amounts payable within one year | 42/48 | €11,954 | €22,248 | +€10,294 | +86.1% |
| Trade debts | 44 | €2,731 | €12,774 | +€10,043 | +368% |
| Suppliers | 440/4 | €2,731 | €12,774 | +€10,043 | +368% |
| Taxes, remuneration and social security | 45 | €4,378 | €3,885 | -€493 | -11.3% |
| Taxes | 450/3 | €2,178 | €685 | -€1,493 | -68.5% |
| Remuneration and social security | 454/9 | €2,200 | €3,200 | +€1,000 | +45.5% |
| Other amounts payable | 47/48 | €4,845 | €5,589 | +€744 | +15.4% |
| Remuneration, social security and pensions | 62 | €60 | €376 | +€316 | +527% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,573 | €2,970 | -€603 | -16.9% |
| Other operating charges | 640/8 | €348 | €212 | -€136 | -39.0% |
| Gross operating margin | 9900 | -€2,316 | €12,910 | +€15,226 | |
| Operating profit (loss) | 9901 | -€6,297 | €9,352 | +€15,648 | |
| Financial charges | 65/66B | €122 | €237 | +€115 | +93.9% |
| Recurring financial charges | 65 | €122 | €237 | +€115 | +93.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,419 | €9,114 | +€15,534 | |
| Income taxes | 67/77 | - | €654 | +€654 | |
| Profit (loss) for the period | 9904 | -€6,419 | €8,461 | +€14,880 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,419 | €8,461 | +€14,880 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.