PT 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.
What changed
PT CONSTRUCT
NACE 41.001, General construction of residential buildings
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€4,059
2024 · -€16,981+€12,922
Equity
-€948
2024 · €3,111-€4,059
Cash
€0
2024 · €0
Balance sheet total
€69,030
2024 · €55,527+€13,503
Largest movements
Assets
- Receivables within one year +€13,941
up €13,941 (+25.5%), from €54,652 to €68,593
of which Other amounts receivable: +€16,666
Equity and liabilities
- Tax, wage and social debts +€8,601
up €8,601, from €0 to €8,601
of which Taxes: +€8,601
- Other debts +€7,187
up €7,187 (+80.2%), from €8,958 to €16,145
- Profit (loss) carried forward -€4,059
down €4,059, from €91 to -€3,968
- Short-term financial debts +€1,486
up €1,486 (+66.0%), from €2,252 to €3,738
of which Credit institutions: +€1,486
Income statement
- Turnover +€81,603
new in 2025: €81,603
- Purchases and services +€41,814
up €41,814 (+111.4%), from €37,543 to €79,356
- Gross operating margin +€9,953
up €9,953, from -€7,667 to €2,286
- Depreciation -€4,264
down €4,264 (-90.7%), from €4,702 to €438
- Other operating charges +€2,844
up €2,844 (+127.0%), from €2,239 to €5,082
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
-€16,981
Gross operating margin
+€9,953
Staff costs
-€36
Depreciation
+€4,264
Other operating charges
-€2,844
Financial charges
+€1,585
Result 2025
-€4,059
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
-€1,486
Investment
€0
Financing
+€1,486
Cash 2024
€0
From operations (derived)
-€1,486
Net result for the year
-€4,059
Depreciation
+€438
Receivables within one year
-€13,941
Trade debts
+€288
Tax, wage and social debts
+€8,601
Other debts
+€7,187
Financing
+€1,486
Short-term financial debts
+€1,486
Cash 2025
€0
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,527 | €69,030 | +€13,503 | +24.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €875 | €438 | -€438 | -50.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €875 | €438 | -€438 | -50.0% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €875 | €438 | -€438 | -50.0% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Assets under construction and advance payments | 27 | €0 | €0 | = | |
| Financial fixed assets | 28 | €0 | €0 | = | |
| Current assets | 29/58 | €54,652 | €68,593 | +€13,941 | +25.5% |
| Amounts receivable after more than one year | 29 | €0 | €0 | = | |
| Trade receivables | 290 | €0 | €0 | = | |
| Other amounts receivable | 291 | €0 | €0 | = | |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Stocks | 30/36 | €0 | €0 | = | |
| Contracts in progress | 37 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €54,652 | €68,593 | +€13,941 | +25.5% |
| Trade receivables | 40 | €53,884 | €51,159 | -€2,725 | -5.1% |
| Other amounts receivable | 41 | €768 | €17,434 | +€16,666 | +2169.0% |
| Current investments | 50/53 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €0 | €0 | = | |
| Deferred charges and accrued income | 490/1 | €0 | €0 | = | |
| Total equity and liabilities | 10/49 | €55,527 | €69,030 | +€13,503 | +24.3% |
| Equity | 10/15 | €3,111 | -€948 | -€4,059 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | €0 | = | |
| Reserves | 13 | €1,020 | €1,020 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,020 | €1,020 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,020 | €1,020 | = | 0.0% |
| Own shares acquired | 1312 | €0 | €0 | = | |
| Financial assistance | 1313 | €0 | €0 | = | |
| Other | 1319 | €0 | €0 | = | |
| Tax-exempt reserves | 132 | €0 | €0 | = | |
| Distributable reserves | 133 | €0 | €0 | = | |
| Profit (loss) carried forward | 14 | €91 | -€3,968 | -€4,059 | |
| Investment grants | 15 | €0 | €0 | = | |
| Advance to shareholders on the distribution of net assets | 19 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | €0 | = | |
| Provisions for liabilities and charges | 160/5 | €0 | €0 | = | |
| Pensions and similar obligations | 160 | €0 | €0 | = | |
| Taxes | 161 | €0 | €0 | = | |
| Major repairs and maintenance | 162 | €0 | €0 | = | |
| Environmental obligations | 163 | €0 | €0 | = | |
| Other liabilities and charges | 164/5 | €0 | €0 | = | |
| Deferred taxes | 168 | €0 | €0 | = | |
| Amounts payable | 17/49 | €52,416 | €69,978 | +€17,562 | +33.5% |
| Amounts payable after more than one year | 17 | €0 | €0 | = | |
| Financial debts | 170/4 | €0 | €0 | = | |
| Trade debts | 175 | €0 | €0 | = | |
| Advances received on contracts in progress | 176 | €0 | €0 | = | |
| Other amounts payable | 178/9 | €0 | €0 | = | |
| Amounts payable within one year | 42/48 | €52,416 | €69,978 | +€17,562 | +33.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | €0 | = | |
| Financial debts | 43 | €2,252 | €3,738 | +€1,486 | +66.0% |
| Credit institutions | 430/8 | €2,252 | €3,738 | +€1,486 | +66.0% |
| Other loans | 439 | €0 | €0 | = | |
| Trade debts | 44 | €41,206 | €41,494 | +€288 | +0.7% |
| Suppliers | 440/4 | €41,206 | €41,494 | +€288 | +0.7% |
| Bills of exchange payable | 441 | €0 | €0 | = | |
| Advances received on contracts in progress | 46 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €0 | €8,601 | +€8,601 | |
| Taxes | 450/3 | €0 | €8,601 | +€8,601 | |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €8,958 | €16,145 | +€7,187 | +80.2% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | |
| Turnover | 70 | - | €81,603 | +€81,603 | |
| Non-recurring operating income | 76A | - | €40 | +€40 | |
| Goods, raw materials, services and sundry goods | 60/61 | €37,543 | €79,356 | +€41,814 | +111.4% |
| Remuneration, social security and pensions | 62 | €133 | €169 | +€36 | +26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,702 | €438 | -€4,264 | -90.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €0 | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | €0 | = | |
| Other operating charges | 640/8 | €2,239 | €5,082 | +€2,844 | +127.0% |
| Operating charges capitalised as restructuring costs | 649 | €0 | €0 | = | |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | -€7,667 | €2,286 | +€9,953 | |
| Operating profit (loss) | 9901 | -€14,740 | -€3,403 | +€11,337 | +76.9% |
| Financial income | 75/76B | €0 | €0 | = | |
| Recurring financial income | 75 | €0 | €0 | = | |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €2,241 | €656 | -€1,585 | -70.7% |
| Recurring financial charges | 65 | €2,241 | €656 | -€1,585 | -70.7% |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | -€16,981 | -€4,059 | +€12,922 | +76.1% |
| Transfer from deferred taxes | 780 | €0 | €0 | = | |
| Transfer to deferred taxes | 680 | €0 | €0 | = | |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | -€16,981 | -€4,059 | +€12,922 | +76.1% |
| Transfer from tax-exempt reserves | 789 | €0 | €0 | = | |
| Transfer to tax-exempt reserves | 689 | €0 | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,981 | -€4,059 | +€12,922 | +76.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.