P.Y.-ECO-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.
P.Y.-ECO-CONSTRUCT
Largest movements
- Stocks and contracts +€2,950
new in 2025: €2,950
- Financial fixed assets +€1,950
new in 2025: €1,950
- Receivables within one year -€1,198
down €1,198 (-6.2%), from €19,295 to €18,097
of which Other amounts receivable: -€881
- Cash +€820
up €820 (+65.2%), from €1,257 to €2,077
- Tangible fixed assets -€725
no longer reported in 2025 (was €725)
- Current portion of long-term debt +€4,321
new in 2025: €4,321
- Profit (loss) carried forward -€3,980
new in 2025: -€3,980
- Trade debts +€3,456
up €3,456 (+766%), from €451 to €3,907
- Tax, wage and social debts +€2,963
new in 2025: €2,963
of which Remuneration and social security: +€2,550
- Accrued charges and deferred income -€2,672
no longer reported in 2025 (was €2,672)
- Gross operating margin -€18,607
down €18,607 (-90.1%), from €20,654 to €2,047
- Financial charges +€1,355
up €1,355 (+1,715%), from €79 to €1,434
- Other operating charges -€1,303
down €1,303 (-71.8%), from €1,814 to €511
- Taxes +€767
up €767 (+24.6%), from €3,117 to €3,884
- Depreciation -€598
down €598 (-73.7%), from €811 to €213
From the 2023 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,277 | €25,074 | +€3,797 | +17.8% |
| Fixed assets | 21/28 | €725 | €1,950 | +€1,225 | +169% |
| Tangible fixed assets | 22/27 | €725 | - | -€725 | |
| Plant, machinery and equipment | 23 | €725 | - | -€725 | |
| Financial fixed assets | 28 | - | €1,950 | +€1,950 | |
| Current assets | 29/58 | €20,552 | €23,124 | +€2,572 | +12.5% |
| Stocks and contracts in progress | 3 | - | €2,950 | +€2,950 | |
| Stocks | 30/36 | - | €2,950 | +€2,950 | |
| Amounts receivable within one year | 40/41 | €19,295 | €18,097 | -€1,198 | -6.2% |
| Trade receivables | 40 | €2,296 | €1,980 | -€316 | -13.8% |
| Other amounts receivable | 41 | €16,999 | €16,118 | -€881 | -5.2% |
| Cash at bank and in hand | 54/58 | €1,257 | €2,077 | +€820 | +65.2% |
| Total equity and liabilities | 10/49 | €21,277 | €25,074 | +€3,797 | +17.8% |
| Equity | 10/15 | €17,633 | €13,883 | -€3,750 | -21.3% |
| Contributions | 10/11 | €2,800 | €2,800 | = | 0.0% |
| Reserves | 13 | €14,833 | €15,064 | +€231 | +1.6% |
| Distributable reserves | 133 | €14,833 | €15,064 | +€231 | +1.6% |
| Profit (loss) carried forward | 14 | - | -€3,980 | -€3,980 | |
| Amounts payable | 17/49 | €3,644 | €11,191 | +€7,547 | +207% |
| Amounts payable within one year | 42/48 | €972 | €11,191 | +€10,219 | +1,051% |
| Current portion of amounts payable after more than one year | 42 | - | €4,321 | +€4,321 | |
| Trade debts | 44 | €451 | €3,907 | +€3,456 | +766% |
| Suppliers | 440/4 | €451 | €3,907 | +€3,456 | +766% |
| Taxes, remuneration and social security | 45 | - | €2,963 | +€2,963 | |
| Taxes | 450/3 | - | €413 | +€413 | |
| Remuneration and social security | 454/9 | - | €2,550 | +€2,550 | |
| Other amounts payable | 47/48 | €521 | - | -€521 | |
| Accrued charges and deferred income | 492/3 | €2,672 | - | -€2,672 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €811 | €213 | -€598 | -73.7% |
| Other operating charges | 640/8 | €1,814 | €511 | -€1,303 | -71.8% |
| Gross operating margin | 9900 | €20,654 | €2,047 | -€18,607 | -90.1% |
| Operating profit (loss) | 9901 | €18,029 | €1,323 | -€16,706 | -92.7% |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €79 | €1,434 | +€1,355 | +1,715% |
| Recurring financial charges | 65 | €79 | €1,434 | +€1,355 | +1,715% |
| Profit (loss) for the period before taxes | 9903 | €17,950 | -€96 | -€18,046 | |
| Income taxes | 67/77 | €3,117 | €3,884 | +€767 | +24.6% |
| Profit (loss) for the period | 9904 | €14,833 | -€3,980 | -€18,813 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,833 | -€3,980 | -€18,813 |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.