REDI 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.
REDI CONSTRUCT
Largest movements
- Receivables within one year +€56,575
up €56,575 (+1,064%), from €5,315 to €61,889
of which Trade receivables: +€54,787
- Tangible fixed assets +€8,299
up €8,299 (+52.9%), from €15,697 to €23,996
- Profit (loss) carried forward +€34,665
up €34,665, from -€1,297 to €33,368
- Tax, wage and social debts +€18,420
up €18,420 (+233%), from €7,899 to €26,319
of which Taxes: +€16,756
- Other debts +€15,195
up €15,195 (+5,591%), from €272 to €15,467
- Debts after one year -€4,016
down €4,016 (-38.0%), from €10,557 to €6,541
- Trade debts +€1,095
up €1,095 (+83.6%), from €1,310 to €2,406
- Turnover +€281,811
new in 2024: €281,811
- Purchases and services +€191,847
new in 2024: €191,847
- Gross operating margin +€55,603
up €55,603 (+158%), from €35,150 to €90,753
- Taxes +€13,621
up €13,621 (+966%), from €1,410 to €15,031
- Depreciation +€4,079
up €4,079 (+125%), from €3,253 to €7,333
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,503 | €90,117 | +€65,614 | +268% |
| Fixed assets | 21/28 | €15,697 | €23,996 | +€8,299 | +52.9% |
| Tangible fixed assets | 22/27 | €15,697 | €23,996 | +€8,299 | +52.9% |
| Furniture and vehicles | 24 | €15,697 | €23,996 | +€8,299 | +52.9% |
| Current assets | 29/58 | €8,806 | €66,121 | +€57,315 | +651% |
| Amounts receivable within one year | 40/41 | €5,315 | €61,889 | +€56,575 | +1,064% |
| Trade receivables | 40 | €3,704 | €58,491 | +€54,787 | +1,479% |
| Other amounts receivable | 41 | €1,611 | €3,399 | +€1,788 | +111% |
| Cash at bank and in hand | 54/58 | €2,745 | €3,448 | +€703 | +25.6% |
| Deferred charges and accrued income | 490/1 | €746 | €784 | +€38 | +5.0% |
| Total equity and liabilities | 10/49 | €24,503 | €90,117 | +€65,614 | +268% |
| Equity | 10/15 | €703 | €35,368 | +€34,665 | +4,932% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,297 | €33,368 | +€34,665 | |
| Amounts payable | 17/49 | €23,800 | €54,749 | +€30,949 | +130% |
| Amounts payable after more than one year | 17 | €10,557 | €6,541 | -€4,016 | -38.0% |
| Financial debts | 170/4 | €10,557 | €6,541 | -€4,016 | -38.0% |
| Amounts payable within one year | 42/48 | €13,242 | €48,208 | +€34,965 | +264% |
| Financial debts | 43 | €3,761 | €4,016 | +€255 | +6.8% |
| Credit institutions | 430/8 | €3,761 | €4,016 | +€255 | +6.8% |
| Trade debts | 44 | €1,310 | €2,406 | +€1,095 | +83.6% |
| Suppliers | 440/4 | €1,310 | €2,406 | +€1,095 | +83.6% |
| Taxes, remuneration and social security | 45 | €7,899 | €26,319 | +€18,420 | +233% |
| Taxes | 450/3 | €1,498 | €18,254 | +€16,756 | +1,119% |
| Remuneration and social security | 454/9 | €6,402 | €8,065 | +€1,664 | +26.0% |
| Other amounts payable | 47/48 | €272 | €15,467 | +€15,195 | +5,591% |
| Turnover | 70 | - | €281,811 | +€281,811 | |
| Non-recurring operating income | 76A | €238 | €93 | -€145 | -61.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €191,847 | +€191,847 | |
| Remuneration, social security and pensions | 62 | €31,876 | €30,724 | -€1,152 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,253 | €7,333 | +€4,079 | +125% |
| Other operating charges | 640/8 | €640 | €733 | +€93 | +14.5% |
| Gross operating margin | 9900 | €35,150 | €90,753 | +€55,603 | +158% |
| Operating profit (loss) | 9901 | -€620 | €51,964 | +€52,584 | |
| Financial income | 75/76B | €359 | €1 | -€358 | -99.7% |
| Recurring financial income | 75 | €359 | €1 | -€358 | -99.7% |
| Financial charges | 65/66B | €562 | €2,269 | +€1,707 | +304% |
| Recurring financial charges | 65 | €562 | €2,269 | +€1,707 | +304% |
| Profit (loss) for the period before taxes | 9903 | -€823 | €49,696 | +€50,519 | |
| Income taxes | 67/77 | €1,410 | €15,031 | +€13,621 | +966% |
| Profit (loss) for the period | 9904 | -€2,233 | €34,665 | +€36,898 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,233 | €34,665 | +€36,898 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.