PARTNER 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.
PARTNER CONSTRUCT
Largest movements
- Receivables within one year +€293,161
up €293,161 (+58.1%), from €504,902 to €798,064
of which Trade receivables: +€307,551
- Receivables after one year -€24,318
down €24,318 (-16.7%), from €145,911 to €121,592
- Tangible fixed assets +€12,110
up €12,110 (+200.8%), from €6,030 to €18,140
of which Furniture and vehicles: +€11,771
- Trade debts +€264,457
up €264,457 (+59.4%), from €445,420 to €709,877
- Profit (loss) carried forward +€21,424
up €21,424 (+14.5%), from €147,660 to €169,083
- Tax, wage and social debts +€16,791
up €16,791 (+80.8%), from €20,782 to €37,573
of which Remuneration and social security: +€15,000
- Other debts -€10,000
no longer reported in 2025 (was €10,000)
- Turnover -€457,264
no longer reported in 2025 (was €457,264)
- Purchases and services +€268,854
up €268,854 (+69.4%), from €387,291 to €656,145
- Gross operating margin -€32,153
down €32,153 (-46.0%), from €69,973 to €37,820
- Taxes -€5,952
down €5,952 (-40.4%), from €14,743 to €8,791
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €665,930 | €951,327 | +€285,397 | +42.9% |
| Fixed assets | 21/28 | €15,105 | €27,215 | +€12,110 | +80.2% |
| Tangible fixed assets | 22/27 | €6,030 | €18,140 | +€12,110 | +200.8% |
| Plant, machinery and equipment | 23 | €6,030 | €6,369 | +€339 | +5.6% |
| Furniture and vehicles | 24 | - | €11,771 | +€11,771 | |
| Financial fixed assets | 28 | €9,075 | €9,075 | = | 0.0% |
| Current assets | 29/58 | €650,825 | €924,112 | +€273,287 | +42.0% |
| Amounts receivable after more than one year | 29 | €145,911 | €121,592 | -€24,318 | -16.7% |
| Other amounts receivable | 291 | €145,911 | €121,592 | -€24,318 | -16.7% |
| Amounts receivable within one year | 40/41 | €504,902 | €798,064 | +€293,161 | +58.1% |
| Trade receivables | 40 | €290,590 | €598,142 | +€307,551 | +105.8% |
| Other amounts receivable | 41 | €214,312 | €199,922 | -€14,390 | -6.7% |
| Cash at bank and in hand | 54/58 | €11 | €2,037 | +€2,026 | +17739.4% |
| Deferred charges and accrued income | 490/1 | - | €2,418 | +€2,418 | |
| Total equity and liabilities | 10/49 | €665,930 | €951,327 | +€285,397 | +42.9% |
| Equity | 10/15 | €168,720 | €190,143 | +€21,424 | +12.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €14,860 | €14,860 | = | 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% |
| Tax-exempt reserves | 132 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €147,660 | €169,083 | +€21,424 | +14.5% |
| Amounts payable | 17/49 | €497,210 | €761,183 | +€263,973 | +53.1% |
| Amounts payable after more than one year | 17 | €13,733 | €7,193 | -€6,540 | -47.6% |
| Financial debts | 170/4 | €13,733 | €7,193 | -€6,540 | -47.6% |
| Amounts payable within one year | 42/48 | €483,477 | €753,990 | +€270,513 | +56.0% |
| Current portion of amounts payable after more than one year | 42 | €5,932 | €6,540 | +€608 | +10.2% |
| Financial debts | 43 | €1,343 | - | -€1,343 | |
| Credit institutions | 430/8 | €1,343 | - | -€1,343 | |
| Trade debts | 44 | €445,420 | €709,877 | +€264,457 | +59.4% |
| Suppliers | 440/4 | €445,420 | €709,877 | +€264,457 | +59.4% |
| Taxes, remuneration and social security | 45 | €20,782 | €37,573 | +€16,791 | +80.8% |
| Taxes | 450/3 | €20,338 | €22,129 | +€1,791 | +8.8% |
| Remuneration and social security | 454/9 | €444 | €15,444 | +€15,000 | +3380.8% |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Turnover | 70 | €457,264 | - | -€457,264 | |
| Goods, raw materials, services and sundry goods | 60/61 | €387,291 | €656,145 | +€268,854 | +69.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,543 | €2,968 | +€425 | +16.7% |
| Other operating charges | 640/8 | - | €744 | +€744 | |
| Gross operating margin | 9900 | €69,973 | €37,820 | -€32,153 | -46.0% |
| Operating profit (loss) | 9901 | €67,431 | €34,108 | -€33,322 | -49.4% |
| Financial income | 75/76B | €128 | €59 | -€68 | -53.4% |
| Recurring financial income | 75 | €128 | €59 | -€68 | -53.4% |
| Financial charges | 65/66B | €2,807 | €3,953 | +€1,146 | +40.8% |
| Recurring financial charges | 65 | €2,807 | €3,953 | +€1,146 | +40.8% |
| Profit (loss) for the period before taxes | 9903 | €64,751 | €30,215 | -€34,537 | -53.3% |
| Income taxes | 67/77 | €14,743 | €8,791 | -€5,952 | -40.4% |
| Profit (loss) for the period | 9904 | €50,008 | €21,424 | -€28,584 | -57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €50,008 | €21,424 | -€28,584 | -57.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.