Rebuild 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.
Rebuild Construct
Largest movements
- Cash -€18,158
down €18,158 (-9.7%), from €187,232 to €169,074
mainly Debts after one year (-€41,124) and Investment in fixed assets (net) (-€23,441)
- Tangible fixed assets -€9,209
down €9,209 (-2.8%), from €330,150 to €320,941
of which Land and buildings: -€29,750
- Debts after one year -€41,124
down €41,124 (-17.0%), from €242,268 to €201,144
- Reserves +€14,242
up €14,242 (+76.6%), from €18,590 to €32,832
- Gross operating margin -€19,569
down €19,569 (-25.5%), from €76,592 to €57,023
- Depreciation -€9,792
down €9,792 (-23.1%), from €42,442 to €32,650
- Taxes -€4,477
down €4,477 (-48.8%), from €9,168 to €4,691
- Other operating charges -€1,417
down €1,417 (-56.9%), from €2,491 to €1,074
- Financial charges -€1,390
down €1,390 (-24.1%), from €5,756 to €4,366
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 | €569,865 | €542,398 | -€27,467 | -4.8% |
| Fixed assets | 21/28 | €330,150 | €320,941 | -€9,209 | -2.8% |
| Tangible fixed assets | 22/27 | €330,150 | €320,941 | -€9,209 | -2.8% |
| Land and buildings | 22 | €327,250 | €297,500 | -€29,750 | -9.1% |
| Plant, machinery and equipment | 23 | €2,900 | - | -€2,900 | |
| Other tangible fixed assets | 26 | - | €23,441 | +€23,441 | |
| Current assets | 29/58 | €239,715 | €221,457 | -€18,258 | -7.6% |
| Amounts receivable within one year | 40/41 | €52,483 | €52,383 | -€100 | -0.2% |
| Trade receivables | 40 | €52,483 | €52,383 | -€100 | -0.2% |
| Cash at bank and in hand | 54/58 | €187,232 | €169,074 | -€18,158 | -9.7% |
| Total equity and liabilities | 10/49 | €569,865 | €542,398 | -€27,467 | -4.8% |
| Equity | 10/15 | €276,032 | €290,274 | +€14,242 | +5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,590 | €32,832 | +€14,242 | +76.6% |
| Non-distributable reserves | 130/1 | €18,590 | €32,832 | +€14,242 | +76.6% |
| Other | 1319 | €18,590 | €32,832 | +€14,242 | +76.6% |
| Profit (loss) carried forward | 14 | €238,842 | €238,842 | = | 0.0% |
| Amounts payable | 17/49 | €293,833 | €252,124 | -€41,709 | -14.2% |
| Amounts payable after more than one year | 17 | €242,268 | €201,144 | -€41,124 | -17.0% |
| Financial debts | 170/4 | €242,268 | €201,144 | -€41,124 | -17.0% |
| Amounts payable within one year | 42/48 | €51,565 | €50,980 | -€585 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €40,450 | €41,124 | +€674 | +1.7% |
| Taxes, remuneration and social security | 45 | €11,115 | €9,856 | -€1,259 | -11.3% |
| Taxes | 450/3 | €11,115 | €9,856 | -€1,259 | -11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,442 | €32,650 | -€9,792 | -23.1% |
| Other operating charges | 640/8 | €2,491 | €1,074 | -€1,417 | -56.9% |
| Gross operating margin | 9900 | €76,592 | €57,023 | -€19,569 | -25.5% |
| Operating profit (loss) | 9901 | €31,659 | €23,299 | -€8,360 | -26.4% |
| Financial charges | 65/66B | €5,756 | €4,366 | -€1,390 | -24.1% |
| Recurring financial charges | 65 | €5,756 | €4,366 | -€1,390 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €25,903 | €18,933 | -€6,970 | -26.9% |
| Income taxes | 67/77 | €9,168 | €4,691 | -€4,477 | -48.8% |
| Profit (loss) for the period | 9904 | €16,735 | €14,242 | -€2,493 | -14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,735 | €14,242 | -€2,493 | -14.9% |
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 12 October 2026 via checked.be.