Oost West Construct: 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.
What changed
Oost West Construct
NACE 68.121, Development of residential building projects
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €676,143+€401,554
Equity
€1.3m
2024 · €1.0m+€272,355
Cash
€1.6m
2024 · €613,182+€1.0m
Balance sheet total
€14.3m
2024 · €14.4m-€157,814
Largest movements
Assets
- Cash +€1.0m
up €1.0m (+163.9%), from €613,182 to €1.6m
mainly Debts after one year (+€1.1m) and Net result for the year (+€1.1m)
- Stocks and contracts -€785,530
down €785,530 (-6.1%), from €12.8m to €12.1m
- Tangible fixed assets -€364,201
down €364,201 (-64.9%), from €561,166 to €196,965
of which Land and buildings: -€338,883
Equity and liabilities
- Debts after one year +€1.1m
up €1.1m (+25.2%), from €4.5m to €5.6m
of which Other amounts payable: +€1.2m
- Other debts -€674,868
down €674,868 (-96.8%), from €696,908 to €22,040
- Current portion of long-term debt -€568,280
down €568,280 (-59.0%), from €963,745 to €395,464
- Short-term financial debts -€504,745
down €504,745 (-7.2%), from €7.0m to €6.5m
- Trade debts +€299,522
up €299,522 (+321.1%), from €93,289 to €392,811
Income statement
- Turnover +€14.7m
new in 2025: €14.7m
- Goods and materials +€12.5m
new in 2025: €12.5m
of which Purchases: +€11.7m
- Gross operating margin -€1.6m
no longer reported in 2025 (was €1.6m)
- Services and other goods +€317,710
new in 2025: €317,710
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.
Result 2024
€676,143
Turnover
+€14.7m
Other operating income
+€32,962
Goods and materials
-€12.5m
Services and other goods
-€317,710
Staff costs
-€32,798
Depreciation
+€5,844
Other operating charges
+€6,281
Other operating items
-€1.3m
Financial income
-€11,906
Financial charges
-€91,839
Taxes
-€134,882
Result 2025
€1.1m
Cash bridge derived
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.
From operations
+€1.4m
Investment
+€328,030
Financing
-€748,731
Cash 2024
€613,182
From operations (derived)
+€1.4m
Net result for the year
+€1.1m
Depreciation
+€33,726
Stocks and contracts
+€785,530
Receivables within one year
+€4,093
Deferred charges and accrued income
+€11,205
Trade debts
+€299,522
Tax, wage and social debts
-€94,407
Other debts
-€674,868
Accrued charges and deferred income
-€17,028
Investment (derived)
+€328,030
Investment in fixed assets (net)
+€328,030
Financing
-€748,731
Debts after one year
+€1.1m
Current portion of long-term debt
-€568,280
Short-term financial debts
-€504,745
Contributions, distributions and other
-€805,341
Cash 2025
€1.6m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,431,333 | €14,273,519 | -€157,814 | -1.1% |
| Fixed assets | 21/28 | €561,166 | €199,410 | -€361,756 | -64.5% |
| Tangible fixed assets | 22/27 | €561,166 | €196,965 | -€364,201 | -64.9% |
| Land and buildings | 22 | €422,958 | €84,075 | -€338,883 | -80.1% |
| Plant, machinery and equipment | 23 | - | €3,516 | +€3,516 | |
| Furniture and vehicles | 24 | €64,177 | €49,632 | -€14,545 | -22.7% |
| Other tangible fixed assets | 26 | €74,031 | €59,742 | -€14,289 | -19.3% |
| Financial fixed assets | 28 | - | €2,445 | +€2,445 | |
| Other financial fixed assets | 284/8 | - | €2,445 | +€2,445 | |
| Amounts receivable and cash guarantees | 285/8 | - | €2,445 | +€2,445 | |
| Current assets | 29/58 | €13,870,167 | €14,074,108 | +€203,941 | +1.5% |
| Stocks and contracts in progress | 3 | €12,846,844 | €12,061,315 | -€785,530 | -6.1% |
| Stocks | 30/36 | €12,846,844 | €12,061,315 | -€785,530 | -6.1% |
| Property held for sale | 35 | - | €12,061,315 | +€12.1m | |
| Amounts receivable within one year | 40/41 | €392,185 | €388,093 | -€4,093 | -1.0% |
| Trade receivables | 40 | €109,882 | €184,971 | +€75,089 | +68.3% |
| Other amounts receivable | 41 | €282,304 | €203,122 | -€79,182 | -28.0% |
| Cash at bank and in hand | 54/58 | €613,182 | €1,617,950 | +€1.0m | +163.9% |
| Deferred charges and accrued income | 490/1 | €17,956 | €6,751 | -€11,205 | -62.4% |
| Total equity and liabilities | 10/49 | €14,431,333 | €14,273,519 | -€157,814 | -1.1% |
| Equity | 10/15 | €1,005,802 | €1,278,158 | +€272,355 | +27.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Revaluation surpluses | 12 | €5,802 | €461 | -€5,341 | -92.0% |
| Reserves | 13 | €993,800 | €1,271,496 | +€277,696 | +27.9% |
| Distributable reserves | 133 | €993,800 | €1,271,496 | +€277,696 | +27.9% |
| Amounts payable | 17/49 | €13,425,530 | €12,995,361 | -€430,169 | -3.2% |
| Amounts payable after more than one year | 17 | €4,486,030 | €5,615,665 | +€1.1m | +25.2% |
| Financial debts | 170/4 | €299,108 | €274,643 | -€24,464 | -8.2% |
| Credit institutions | 173 | - | €274,643 | +€274,643 | |
| Other amounts payable | 178/9 | €4,186,922 | €5,341,022 | +€1.2m | +27.6% |
| Amounts payable within one year | 42/48 | €8,912,143 | €7,369,366 | -€1.5m | -17.3% |
| Current portion of amounts payable after more than one year | 42 | €963,745 | €395,464 | -€568,280 | -59.0% |
| Financial debts | 43 | €6,971,918 | €6,467,173 | -€504,745 | -7.2% |
| Credit institutions | 430/8 | €6,971,918 | €6,467,173 | -€504,745 | -7.2% |
| Trade debts | 44 | €93,289 | €392,811 | +€299,522 | +321.1% |
| Suppliers | 440/4 | €93,289 | €392,811 | +€299,522 | +321.1% |
| Taxes, remuneration and social security | 45 | €186,284 | €91,877 | -€94,407 | -50.7% |
| Taxes | 450/3 | €176,346 | €77,852 | -€98,494 | -55.9% |
| Remuneration and social security | 454/9 | €9,938 | €14,025 | +€4,087 | +41.1% |
| Other amounts payable | 47/48 | €696,908 | €22,040 | -€674,868 | -96.8% |
| Accrued charges and deferred income | 492/3 | €27,358 | €10,330 | -€17,028 | -62.2% |
| Operating income | 70/76A | - | €15,053,144 | +€15.1m | |
| Turnover | 70 | - | €14,702,774 | +€14.7m | |
| Other operating income | 74 | - | €32,962 | +€32,962 | |
| Non-recurring operating income | 76A | - | €317,408 | +€317,408 | |
| Operating charges | 60/66A | - | €12,952,974 | +€13.0m | |
| Goods for resale, raw materials and consumables | 60 | - | €12,484,465 | +€12.5m | |
| Purchases | 600/8 | - | €11,698,936 | +€11.7m | |
| Change in stocks: decrease (increase) | 609 | - | €785,530 | +€785,530 | |
| Services and other goods | 61 | - | €317,710 | +€317,710 | |
| Remuneration, social security and pensions | 62 | €77,117 | €109,915 | +€32,798 | +42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,569 | €33,726 | -€5,844 | -14.8% |
| Other operating charges | 640/8 | €13,440 | €7,159 | -€6,281 | -46.7% |
| Non-recurring operating charges | 66A | €4,933 | - | -€4,933 | |
| Gross operating margin | 9900 | €1,595,048 | - | -€1.6m | |
| Operating profit (loss) | 9901 | €1,459,989 | €2,100,170 | +€640,181 | +43.8% |
| Financial income | 75/76B | €22,003 | €10,097 | -€11,906 | -54.1% |
| Recurring financial income | 75 | €22,003 | €10,097 | -€11,906 | -54.1% |
| Income from current assets | 751 | - | €1,336 | +€1,336 | |
| Other financial income | 752/9 | - | €8,761 | +€8,761 | |
| Financial charges | 65/66B | €577,397 | €669,236 | +€91,839 | +15.9% |
| Recurring financial charges | 65 | €577,397 | €669,236 | +€91,839 | +15.9% |
| Debt charges | 650 | - | €622,522 | +€622,522 | |
| Other financial charges | 652/9 | - | €46,714 | +€46,714 | |
| Profit (loss) for the period before taxes | 9903 | €904,595 | €1,441,031 | +€536,435 | +59.3% |
| Income taxes | 67/77 | €228,452 | €363,334 | +€134,882 | +59.0% |
| Taxes | 670/3 | - | €363,334 | +€363,334 | |
| Profit (loss) for the period | 9904 | €676,143 | €1,077,696 | +€401,554 | +59.4% |
| Profit (loss) for the period to be appropriated | 9905 | €676,143 | €1,077,696 | +€401,554 | +59.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.