Retour du Champion - 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.
Retour du Champion - Construct
Largest movements
- Cash +€2,175
up €2,175 (+723%), from €301 to €2,476
mainly Trade debts (+€7,284) and Tax, wage and social debts (+€2,634)
- Receivables within one year +€690
up €690 (+3.3%), from €21,219 to €21,909
of which Trade receivables: +€1,246
- Tangible fixed assets -€372
down €372 (-63.9%), from €583 to €211
of which Furniture and vehicles: -€272
- Other debts -€8,992
down €8,992 (-45.9%), from €19,583 to €10,591
- Trade debts +€7,284
up €7,284 (+59.6%), from €12,219 to €19,503
- Tax, wage and social debts +€2,634
up €2,634 (+579%), from €455 to €3,089
- Profit (loss) carried forward +€1,567
up €1,567 (+11.9%), from -€13,154 to -€11,587
- Other operating charges +€10,290
up €10,290 (+6,089%), from €169 to €10,459
- Gross operating margin +€2,970
up €2,970 (+26.3%), from €11,277 to €14,247
- Financial charges -€1,870
down €1,870 (-88.7%), from €2,109 to €239
- Taxes +€1,445
up €1,445 (+845%), from €171 to €1,616
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.
Derived cash bridge
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 | €22,103 | €24,596 | +€2,493 | +11.3% |
| Fixed assets | 21/28 | €583 | €211 | -€372 | -63.9% |
| Tangible fixed assets | 22/27 | €583 | €211 | -€372 | -63.9% |
| Plant, machinery and equipment | 23 | €100 | - | -€100 | |
| Furniture and vehicles | 24 | €483 | €211 | -€272 | -56.4% |
| Current assets | 29/58 | €21,520 | €24,385 | +€2,865 | +13.3% |
| Amounts receivable within one year | 40/41 | €21,219 | €21,909 | +€690 | +3.3% |
| Trade receivables | 40 | €20,663 | €21,909 | +€1,246 | +6.0% |
| Other amounts receivable | 41 | €556 | - | -€556 | |
| Cash at bank and in hand | 54/58 | €301 | €2,476 | +€2,175 | +723% |
| Total equity and liabilities | 10/49 | €22,103 | €24,596 | +€2,493 | +11.3% |
| Equity | 10/15 | -€10,154 | -€8,587 | +€1,567 | +15.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,154 | -€11,587 | +€1,567 | +11.9% |
| Amounts payable | 17/49 | €32,257 | €33,183 | +€926 | +2.9% |
| Amounts payable within one year | 42/48 | €32,257 | €33,183 | +€926 | +2.9% |
| Trade debts | 44 | €12,219 | €19,503 | +€7,284 | +59.6% |
| Suppliers | 440/4 | €12,219 | €19,503 | +€7,284 | +59.6% |
| Taxes, remuneration and social security | 45 | €455 | €3,089 | +€2,634 | +579% |
| Taxes | 450/3 | €455 | €3,089 | +€2,634 | +579% |
| Other amounts payable | 47/48 | €19,583 | €10,591 | -€8,992 | -45.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €462 | €372 | -€90 | -19.4% |
| Other operating charges | 640/8 | €169 | €10,459 | +€10,290 | +6,089% |
| Gross operating margin | 9900 | €11,277 | €14,247 | +€2,970 | +26.3% |
| Operating profit (loss) | 9901 | €10,646 | €3,416 | -€7,230 | -67.9% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €2,109 | €239 | -€1,870 | -88.7% |
| Recurring financial charges | 65 | €2,109 | €239 | -€1,870 | -88.7% |
| Profit (loss) for the period before taxes | 9903 | €8,537 | €3,182 | -€5,355 | -62.7% |
| Income taxes | 67/77 | €171 | €1,616 | +€1,445 | +845% |
| Profit (loss) for the period | 9904 | €8,366 | €1,566 | -€6,800 | -81.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,366 | €1,566 | -€6,800 | -81.3% |
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 29 October 2026 via checked.be.