PRO 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.
PRO CONSTRUCT
Largest movements
- Stocks and contracts +€368,335
up €368,335 (+67.4%), from €546,759 to €915,093
- Receivables within one year -€334,689
down €334,689 (-20.8%), from €1.6m to €1.3m
of which Other amounts receivable: -€306,826
- Tangible fixed assets -€62,205
down €62,205 (-18.1%), from €343,309 to €281,104
- Profit (loss) carried forward -€108,378
down €108,378 (-15.1%), from €716,924 to €608,546
- Tax, wage and social debts +€56,611
up €56,611, from €0 to €56,611
- Gross operating margin +€26,709
up €26,709, from -€18,518 to €8,190
- Financial income +€1,826
up €1,826 (+16.7%), from €10,908 to €12,734
- Depreciation +€1,773
up €1,773 (+2.9%), from €60,432 to €62,205
- Financial charges +€638
up €638 (+1.1%), from €59,316 to €59,954
- Other operating charges +€247
up €247 (+3.6%), from €6,896 to €7,143
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.
Derived cash bridge
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 | €2,521,911 | €2,479,057 | -€42,854 | -1.7% |
| Fixed assets | 21/28 | €351,069 | €288,864 | -€62,205 | -17.7% |
| Tangible fixed assets | 22/27 | €343,309 | €281,104 | -€62,205 | -18.1% |
| Land and buildings | 22 | €343,309 | €281,104 | -€62,205 | -18.1% |
| Financial fixed assets | 28 | €7,760 | €7,760 | = | 0.0% |
| Current assets | 29/58 | €2,170,842 | €2,190,193 | +€19,351 | +0.9% |
| Stocks and contracts in progress | 3 | €546,759 | €915,093 | +€368,335 | +67.4% |
| Stocks | 30/36 | €546,759 | €915,093 | +€368,335 | +67.4% |
| Amounts receivable within one year | 40/41 | €1,607,904 | €1,273,215 | -€334,689 | -20.8% |
| Trade receivables | 40 | €39,041 | €11,177 | -€27,863 | -71.4% |
| Other amounts receivable | 41 | €1,568,863 | €1,262,038 | -€306,826 | -19.6% |
| Cash at bank and in hand | 54/58 | €14,626 | €259 | -€14,368 | -98.2% |
| Deferred charges and accrued income | 490/1 | €1,553 | €1,626 | +€73 | +4.7% |
| Total equity and liabilities | 10/49 | €2,521,911 | €2,479,057 | -€42,854 | -1.7% |
| Equity | 10/15 | €1,266,924 | €1,158,546 | -€108,378 | -8.6% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €716,924 | €608,546 | -€108,378 | -15.1% |
| Amounts payable | 17/49 | €1,254,987 | €1,320,511 | +€65,524 | +5.2% |
| Amounts payable within one year | 42/48 | €1,254,027 | €1,320,511 | +€66,484 | +5.3% |
| Financial debts | 43 | €1,243,278 | €1,245,654 | +€2,377 | +0.2% |
| Credit institutions | 430/8 | €243,278 | €245,654 | +€2,377 | +1.0% |
| Other loans | 439 | €1,000,000 | €1,000,000 | = | 0.0% |
| Trade debts | 44 | €10,749 | €18,246 | +€7,497 | +69.7% |
| Suppliers | 440/4 | €10,749 | €18,246 | +€7,497 | +69.7% |
| Taxes, remuneration and social security | 45 | €0 | €56,611 | +€56,611 | |
| Taxes | 450/3 | €0 | €56,611 | +€56,611 | |
| Accrued charges and deferred income | 492/3 | €960 | €0 | -€960 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,432 | €62,205 | +€1,773 | +2.9% |
| Other operating charges | 640/8 | €6,896 | €7,143 | +€247 | +3.6% |
| Gross operating margin | 9900 | -€18,518 | €8,190 | +€26,709 | |
| Operating profit (loss) | 9901 | -€85,847 | -€61,158 | +€24,689 | +28.8% |
| Financial income | 75/76B | €10,908 | €12,734 | +€1,826 | +16.7% |
| Recurring financial income | 75 | €10,908 | €12,734 | +€1,826 | +16.7% |
| Financial charges | 65/66B | €59,316 | €59,954 | +€638 | +1.1% |
| Recurring financial charges | 65 | €59,316 | €59,954 | +€638 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | -€134,255 | -€108,378 | +€25,877 | +19.3% |
| Income taxes | 67/77 | €0 | €1 | +€0 | +6.3% |
| Profit (loss) for the period | 9904 | -€134,255 | -€108,378 | +€25,877 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€134,255 | -€108,378 | +€25,877 | +19.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.