R-CONSTRUCTIONS: 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.
R-CONSTRUCTIONS
Largest movements
- Stocks and contracts +€17,264
new in 2025: €17,264
- Tangible fixed assets -€14,042
down €14,042 (-82.3%), from €17,053 to €3,011
- Cash +€14,024
up €14,024 (+424.4%), from €3,304 to €17,328
mainly Receivables within one year (+€12,429) and Investment in fixed assets (net) (+€7,754)
- Receivables within one year -€12,429
down €12,429 (-29.2%), from €42,500 to €30,071
of which Other amounts receivable: -€6,915
- Profit (loss) carried forward +€7,473
up €7,473 (+20.4%), from €36,656 to €44,128
- Trade debts -€6,748
down €6,748 (-37.2%), from €18,142 to €11,393
of which Suppliers: -€6,551
- Accrued charges and deferred income +€3,700
new in 2025: €3,700
- Turnover +€111,698
up €111,698 (+57.9%), from €193,054 to €304,752
- Purchases and services +€100,011
up €100,011 (+56.4%), from €177,391 to €277,401
- Staff costs +€32,559
up €32,559 (+246285.6%), from €13 to €32,572
- Gross operating margin +€25,486
up €25,486 (+104.9%), from €24,286 to €49,772
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 | €62,858 | €67,724 | +€4,866 | +7.7% |
| Fixed assets | 21/28 | €17,053 | €3,011 | -€14,042 | -82.3% |
| Tangible fixed assets | 22/27 | €17,053 | €3,011 | -€14,042 | -82.3% |
| Furniture and vehicles | 24 | €17,053 | €3,011 | -€14,042 | -82.3% |
| Current assets | 29/58 | €45,804 | €64,712 | +€18,908 | +41.3% |
| Stocks and contracts in progress | 3 | - | €17,264 | +€17,264 | |
| Contracts in progress | 37 | - | €17,264 | +€17,264 | |
| Amounts receivable within one year | 40/41 | €42,500 | €30,071 | -€12,429 | -29.2% |
| Trade receivables | 40 | €7,310 | €1,796 | -€5,514 | -75.4% |
| Other amounts receivable | 41 | €35,190 | €28,275 | -€6,915 | -19.7% |
| Cash at bank and in hand | 54/58 | €3,304 | €17,328 | +€14,024 | +424.4% |
| Deferred charges and accrued income | 490/1 | - | €50 | +€50 | |
| Total equity and liabilities | 10/49 | €62,858 | €67,724 | +€4,866 | +7.7% |
| Equity | 10/15 | €44,716 | €52,188 | +€7,473 | +16.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €36,656 | €44,128 | +€7,473 | +20.4% |
| Amounts payable | 17/49 | €18,142 | €15,536 | -€2,606 | -14.4% |
| Amounts payable within one year | 42/48 | €18,142 | €11,836 | -€6,306 | -34.8% |
| Trade debts | 44 | €18,142 | €11,393 | -€6,748 | -37.2% |
| Suppliers | 440/4 | €17,944 | €11,393 | -€6,551 | -36.5% |
| Bills of exchange payable | 441 | €198 | - | -€198 | |
| Taxes, remuneration and social security | 45 | - | €442 | +€442 | |
| Taxes | 450/3 | - | €442 | +€442 | |
| Accrued charges and deferred income | 492/3 | - | €3,700 | +€3,700 | |
| Turnover | 70 | €193,054 | €304,752 | +€111,698 | +57.9% |
| Non-recurring operating income | 76A | €8,623 | €22,421 | +€13,798 | +160.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €177,391 | €277,401 | +€100,011 | +56.4% |
| Remuneration, social security and pensions | 62 | €13 | €32,572 | +€32,559 | +246285.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,317 | €6,288 | +€1,971 | +45.7% |
| Other operating charges | 640/8 | €2,207 | €2,358 | +€151 | +6.8% |
| Gross operating margin | 9900 | €24,286 | €49,772 | +€25,486 | +104.9% |
| Operating profit (loss) | 9901 | €17,749 | €8,554 | -€9,195 | -51.8% |
| Financial income | 75/76B | €0 | €5 | +€5 | +3761.5% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +3761.5% |
| Financial charges | 65/66B | €522 | €647 | +€125 | +24.0% |
| Recurring financial charges | 65 | €522 | €647 | +€125 | +24.0% |
| Profit (loss) for the period before taxes | 9903 | €17,227 | €7,913 | -€9,315 | -54.1% |
| Income taxes | 67/77 | -€5 | €440 | +€444 | |
| Profit (loss) for the period | 9904 | €17,232 | €7,473 | -€9,759 | -56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,232 | €7,473 | -€9,759 | -56.6% |
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 9 October 2026 via checked.be.