REPAIR & 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.
REPAIR & CONSTRUCT
Largest movements
- Tangible fixed assets +€36,553
up €36,553 (+100.5%), from €36,368 to €72,921
of which Plant, machinery and equipment: +€27,653
- Cash -€15,110
down €15,110 (-41.9%), from €36,066 to €20,956
mainly Investment in fixed assets (net) (-€68,558) and Debts after one year (-€18,270)
- Other debts +€59,882
up €59,882 (+81.8%), from €73,223 to €133,105
- Debts after one year -€18,270
down €18,270 (-20.1%), from €90,749 to €72,479
- Reserves -€14,357
down €14,357 (-3.6%), from €396,065 to €381,709
of which Distributable reserves: -€14,357
- Turnover -€245,721
no longer reported in 2025 (was €245,721)
- Purchases and services -€221,626
no longer reported in 2025 (was €221,626)
- Gross operating margin +€7,228
up €7,228 (+32.7%), from €22,088 to €29,316
- Depreciation +€4,226
up €4,226 (+15.2%), from €27,779 to €32,005
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 | €682,797 | €711,017 | +€28,220 | +4.1% |
| Fixed assets | 21/28 | €494,362 | €530,914 | +€36,553 | +7.4% |
| Tangible fixed assets | 22/27 | €36,368 | €72,921 | +€36,553 | +100.5% |
| Land and buildings | 22 | €16,285 | €0 | -€16,285 | -100.0% |
| Plant, machinery and equipment | 23 | €11,846 | €39,499 | +€27,653 | +233.4% |
| Furniture and vehicles | 24 | €2,928 | €3,280 | +€351 | +12.0% |
| Other tangible fixed assets | 26 | €5,309 | €30,142 | +€24,834 | +467.8% |
| Financial fixed assets | 28 | €457,994 | €457,994 | = | 0.0% |
| Current assets | 29/58 | €188,435 | €180,103 | -€8,332 | -4.4% |
| Stocks and contracts in progress | 3 | €27,790 | €26,295 | -€1,495 | -5.4% |
| Stocks | 30/36 | €27,790 | €26,295 | -€1,495 | -5.4% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €115,882 | €120,746 | +€4,864 | +4.2% |
| Trade receivables | 40 | €55,265 | €23,158 | -€32,107 | -58.1% |
| Other amounts receivable | 41 | €60,617 | €97,589 | +€36,972 | +61.0% |
| Cash at bank and in hand | 54/58 | €36,066 | €20,956 | -€15,110 | -41.9% |
| Deferred charges and accrued income | 490/1 | €8,697 | €12,106 | +€3,409 | +39.2% |
| Total equity and liabilities | 10/49 | €682,797 | €711,017 | +€28,220 | +4.1% |
| Equity | 10/15 | €458,065 | €443,709 | -€14,357 | -3.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €396,065 | €381,709 | -€14,357 | -3.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €389,865 | €375,509 | -€14,357 | -3.7% |
| Amounts payable | 17/49 | €224,731 | €267,308 | +€42,577 | +18.9% |
| Amounts payable after more than one year | 17 | €90,749 | €72,479 | -€18,270 | -20.1% |
| Financial debts | 170/4 | €90,749 | €72,479 | -€18,270 | -20.1% |
| Amounts payable within one year | 42/48 | €133,983 | €194,829 | +€60,847 | +45.4% |
| Current portion of amounts payable after more than one year | 42 | €42,317 | €46,029 | +€3,713 | +8.8% |
| Trade debts | 44 | €9,958 | €10,355 | +€397 | +4.0% |
| Suppliers | 440/4 | €9,958 | €10,355 | +€397 | +4.0% |
| Taxes, remuneration and social security | 45 | €8,485 | €5,340 | -€3,145 | -37.1% |
| Taxes | 450/3 | €8,485 | €5,340 | -€3,145 | -37.1% |
| Other amounts payable | 47/48 | €73,223 | €133,105 | +€59,882 | +81.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €245,721 | - | -€245,721 | |
| Goods, raw materials, services and sundry goods | 60/61 | €221,626 | - | -€221,626 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,779 | €32,005 | +€4,226 | +15.2% |
| Other operating charges | 640/8 | €6,491 | €6,606 | +€114 | +1.8% |
| Gross operating margin | 9900 | €22,088 | €29,316 | +€7,228 | +32.7% |
| Operating profit (loss) | 9901 | -€12,183 | -€9,295 | +€2,888 | +23.7% |
| Financial income | 75/76B | €1,603 | €1,315 | -€288 | -18.0% |
| Recurring financial income | 75 | €1,603 | €1,315 | -€288 | -18.0% |
| Financial charges | 65/66B | €8,057 | €6,377 | -€1,680 | -20.8% |
| Recurring financial charges | 65 | €8,057 | €6,377 | -€1,680 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | -€18,637 | -€14,357 | +€4,280 | +23.0% |
| Profit (loss) for the period | 9904 | -€18,637 | -€14,357 | +€4,280 | +23.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,637 | -€14,357 | +€4,280 | +23.0% |
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 8 October 2026 via checked.be.