ROYAL CONSTRUCT GP: 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.
ROYAL CONSTRUCT GP
Largest movements
- Receivables within one year -€14,590
down €14,590 (-40.6%), from €35,950 to €21,360
of which Trade receivables: -€27,468
- Cash +€2,929
up €2,929 (+268.3%), from €1,091 to €4,020
mainly Receivables within one year (+€14,590) and Net result for the year (+€5,624)
- Tangible fixed assets -€462
down €462 (-34.1%), from €1,356 to €894
of which Furniture and vehicles: -€1,356
- Trade debts -€11,752
down €11,752 (-75.8%), from €15,505 to €3,752
- Profit (loss) carried forward +€5,624
up €5,624 (+60.9%), from €9,230 to €14,854
- Tax, wage and social debts -€3,892
down €3,892 (-34.2%), from €11,366 to €7,474
of which Remuneration and social security: -€4,088
- Other debts -€2,331
down €2,331 (-100.0%), from €2,331 to €0
- Gross operating margin +€1,573
up €1,573 (+18.6%), from €8,441 to €10,014
- Other operating charges -€1,497
down €1,497 (-57.8%), from €2,590 to €1,093
- Financial charges +€726
up €726 (+841.7%), from €86 to €812
- Depreciation -€544
down €544 (-60.4%), from €900 to €356
- Financial income +€370
up €370 (+6496.5%), from €6 to €376
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 | €38,932 | €26,581 | -€12,351 | -31.7% |
| Fixed assets | 21/28 | €1,356 | €894 | -€462 | -34.1% |
| Tangible fixed assets | 22/27 | €1,356 | €894 | -€462 | -34.1% |
| Plant, machinery and equipment | 23 | - | €894 | +€894 | |
| Furniture and vehicles | 24 | €1,356 | - | -€1,356 | |
| Current assets | 29/58 | €37,576 | €25,687 | -€11,889 | -31.6% |
| Amounts receivable within one year | 40/41 | €35,950 | €21,360 | -€14,590 | -40.6% |
| Trade receivables | 40 | €35,950 | €8,482 | -€27,468 | -76.4% |
| Other amounts receivable | 41 | - | €12,878 | +€12,878 | |
| Cash at bank and in hand | 54/58 | €1,091 | €4,020 | +€2,929 | +268.3% |
| Deferred charges and accrued income | 490/1 | €534 | €307 | -€227 | -42.5% |
| Total equity and liabilities | 10/49 | €38,932 | €26,581 | -€12,351 | -31.7% |
| Equity | 10/15 | €9,730 | €15,354 | +€5,624 | +57.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Capital | 10 | €500 | - | -€500 | |
| Issued capital | 100 | €500 | - | -€500 | |
| Outside capital | 11 | - | €500 | +€500 | |
| Other | 1109/19 | - | €500 | +€500 | |
| Profit (loss) carried forward | 14 | €9,230 | €14,854 | +€5,624 | +60.9% |
| Amounts payable | 17/49 | €29,202 | €11,227 | -€17,975 | -61.6% |
| Amounts payable within one year | 42/48 | €29,202 | €11,227 | -€17,975 | -61.6% |
| Trade debts | 44 | €15,505 | €3,752 | -€11,752 | -75.8% |
| Suppliers | 440/4 | €15,505 | €3,752 | -€11,752 | -75.8% |
| Taxes, remuneration and social security | 45 | €11,366 | €7,474 | -€3,892 | -34.2% |
| Taxes | 450/3 | €3,626 | €3,822 | +€196 | +5.4% |
| Remuneration and social security | 454/9 | €7,740 | €3,652 | -€4,088 | -52.8% |
| Other amounts payable | 47/48 | €2,331 | €0 | -€2,331 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €900 | €356 | -€544 | -60.4% |
| Other operating charges | 640/8 | €2,590 | €1,093 | -€1,497 | -57.8% |
| Non-recurring operating charges | 66A | - | €530 | +€530 | |
| Gross operating margin | 9900 | €8,441 | €10,014 | +€1,573 | +18.6% |
| Operating profit (loss) | 9901 | €4,951 | €8,035 | +€3,084 | +62.3% |
| Financial income | 75/76B | €6 | €376 | +€370 | +6496.5% |
| Recurring financial income | 75 | €6 | €376 | +€370 | +6496.5% |
| Financial charges | 65/66B | €86 | €812 | +€726 | +841.7% |
| Recurring financial charges | 65 | €86 | €812 | +€726 | +841.7% |
| Profit (loss) for the period before taxes | 9903 | €4,870 | €7,599 | +€2,729 | +56.0% |
| Income taxes | 67/77 | €2,013 | €1,975 | -€39 | -1.9% |
| Profit (loss) for the period | 9904 | €2,857 | €5,624 | +€2,767 | +96.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,857 | €5,624 | +€2,767 | +96.9% |
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 3 October 2026 via checked.be.