NR CONSTRUCT: what changed
NR CONSTRUCT
Largest movements
- Receivables within one year +€3,384
up €3,384 (+338%), from €1,001 to €4,385
- Cash +€958
up €958 (+50.8%), from €1,887 to €2,845
mainly Net result for the year (+€2,907) and Depreciation (+€817)
- Tangible fixed assets -€817
down €817 (-41.4%), from €1,974 to €1,157
- Profit (loss) carried forward +€2,907
up €2,907 (+17.3%), from -€16,844 to -€13,937
- Trade debts +€618
new in 2025: €618
- Gross operating margin -€532
down €532 (-9.9%), from €5,356 to €4,824
- Depreciation +€340
up €340 (+71.4%), from €476 to €817
- Other operating charges -€248
down €248 (-20.6%), from €1,204 to €957
- Financial charges +€59
up €59 (+43.4%), from €137 to €196
of which Financial charges: +€126
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,862 | €8,387 | +€3,525 | +72.5% |
| Fixed assets | 21/28 | €1,974 | €1,157 | -€817 | -41.4% |
| Tangible fixed assets | 22/27 | €1,974 | €1,157 | -€817 | -41.4% |
| Furniture and vehicles | 24 | €1,974 | €1,157 | -€817 | -41.4% |
| Current assets | 29/58 | €2,888 | €7,230 | +€4,342 | +150% |
| Amounts receivable within one year | 40/41 | €1,001 | €4,385 | +€3,384 | +338% |
| Other amounts receivable | 41 | €1,001 | €4,385 | +€3,384 | +338% |
| Cash at bank and in hand | 54/58 | €1,887 | €2,845 | +€958 | +50.8% |
| Total equity and liabilities | 10/49 | €4,862 | €8,387 | +€3,525 | +72.5% |
| Equity | 10/15 | €3,616 | €6,523 | +€2,907 | +80.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,844 | -€13,937 | +€2,907 | +17.3% |
| Amounts payable | 17/49 | €1,246 | €1,864 | +€618 | +49.6% |
| Amounts payable within one year | 42/48 | €1,246 | €1,864 | +€618 | +49.6% |
| Trade debts | 44 | - | €618 | +€618 | |
| Suppliers | 440/4 | - | €618 | +€618 | |
| Taxes, remuneration and social security | 45 | €1,246 | €1,246 | = | 0.0% |
| Taxes | 450/3 | €1,246 | €1,246 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €476 | €817 | +€340 | +71.4% |
| Other operating charges | 640/8 | €1,204 | €957 | -€248 | -20.6% |
| Gross operating margin | 9900 | €5,356 | €4,824 | -€532 | -9.9% |
| Operating profit (loss) | 9901 | €3,675 | €3,050 | -€624 | -17.0% |
| Financial income | 75/76B | €0 | €53 | +€53 | +531,800% |
| Recurring financial income | 75 | €0 | €53 | +€53 | +531,800% |
| Non-recurring financial income | 76B | €0 | - | -€0 | |
| Financial charges | 65/66B | €137 | €196 | +€59 | +43.4% |
| Recurring financial charges | 65 | €70 | €196 | +€126 | +181% |
| Non-recurring financial charges | 66B | €67 | - | -€67 | |
| Profit (loss) for the period before taxes | 9903 | €3,538 | €2,907 | -€631 | -17.8% |
| Profit (loss) for the period | 9904 | €3,538 | €2,907 | -€631 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,538 | €2,907 | -€631 | -17.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.