Start People 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.
Start People Construct
Largest movements
- Receivables within one year +€12,060
up €12,060 (+1.2%), from €975,402 to €987,462
of which Other amounts receivable: +€36,096
- Profit (loss) carried forward +€51,731
up €51,731 (+131%), from €39,381 to €91,112
- Tax, wage and social debts -€49,164
down €49,164 (-64.9%), from €75,760 to €26,596
of which Remuneration and social security: -€40,396
- Trade debts +€10,549
up €10,549 (+14.7%), from €71,636 to €82,185
- Turnover +€73,724
up €73,724 (+11.1%), from €665,075 to €738,800
- Staff costs +€55,439
up €55,439 (+11.3%), from €491,008 to €546,447
- Other operating charges -€15,380
down €15,380 (-89.8%), from €17,124 to €1,743
- Financial income -€9,266
down €9,266 (-34.8%), from €26,606 to €17,340
- Other operating income -€7,901
down €7,901 (-70.8%), from €11,167 to €3,266
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €992,737 | €1,003,926 | +€11,189 | +1.1% |
| Current assets | 29/58 | €992,737 | €1,003,926 | +€11,189 | +1.1% |
| Amounts receivable within one year | 40/41 | €975,402 | €987,462 | +€12,060 | +1.2% |
| Trade receivables | 40 | €75,071 | €51,035 | -€24,036 | -32.0% |
| Other amounts receivable | 41 | €900,331 | €936,427 | +€36,096 | +4.0% |
| Deferred charges and accrued income | 490/1 | €17,335 | €16,464 | -€871 | -5.0% |
| Total equity and liabilities | 10/49 | €992,737 | €1,003,926 | +€11,189 | +1.1% |
| Equity | 10/15 | €843,234 | €894,965 | +€51,731 | +6.1% |
| Contributions | 10/11 | €630,000 | €630,000 | = | 0.0% |
| Capital | 10 | €630,000 | €630,000 | = | 0.0% |
| Issued capital | 100 | €630,000 | €630,000 | = | 0.0% |
| Reserves | 13 | €173,854 | €173,854 | = | 0.0% |
| Non-distributable reserves | 130/1 | €63,000 | €63,000 | = | 0.0% |
| Legal reserve | 130 | €63,000 | €63,000 | = | 0.0% |
| Distributable reserves | 133 | €110,854 | €110,854 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,381 | €91,112 | +€51,731 | +131% |
| Amounts payable | 17/49 | €149,503 | €108,961 | -€40,542 | -27.1% |
| Amounts payable within one year | 42/48 | €147,397 | €108,781 | -€38,616 | -26.2% |
| Trade debts | 44 | €71,636 | €82,185 | +€10,549 | +14.7% |
| Suppliers | 440/4 | €71,636 | €82,185 | +€10,549 | +14.7% |
| Taxes, remuneration and social security | 45 | €75,760 | €26,596 | -€49,164 | -64.9% |
| Taxes | 450/3 | €16,421 | €7,653 | -€8,768 | -53.4% |
| Remuneration and social security | 454/9 | €59,339 | €18,943 | -€40,396 | -68.1% |
| Accrued charges and deferred income | 492/3 | €2,106 | €180 | -€1,926 | -91.5% |
| Operating income | 70/76A | €676,243 | €742,066 | +€65,823 | +9.7% |
| Turnover | 70 | €665,075 | €738,800 | +€73,724 | +11.1% |
| Other operating income | 74 | €11,167 | €3,266 | -€7,901 | -70.8% |
| Operating charges | 60/66A | €646,588 | €688,842 | +€42,254 | +6.5% |
| Services and other goods | 61 | €142,842 | €140,651 | -€2,191 | -1.5% |
| Remuneration, social security and pensions | 62 | €491,008 | €546,447 | +€55,439 | +11.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,385 | - | +€4,385 | |
| Other operating charges | 640/8 | €17,124 | €1,743 | -€15,380 | -89.8% |
| Operating profit (loss) | 9901 | €29,655 | €53,224 | +€23,570 | +79.5% |
| Financial income | 75/76B | €26,606 | €17,340 | -€9,266 | -34.8% |
| Recurring financial income | 75 | €26,606 | €17,340 | -€9,266 | -34.8% |
| Income from current assets | 751 | €26,098 | €17,340 | -€8,758 | -33.6% |
| Other financial income | 752/9 | €508 | - | -€508 | |
| Financial charges | 65/66B | €997 | €1,327 | +€330 | +33.1% |
| Recurring financial charges | 65 | €997 | €1,327 | +€330 | +33.1% |
| Other financial charges | 652/9 | €997 | €1,327 | +€330 | +33.1% |
| Profit (loss) for the period before taxes | 9903 | €55,264 | €69,238 | +€13,973 | +25.3% |
| Income taxes | 67/77 | €14,879 | €17,507 | +€2,627 | +17.7% |
| Taxes | 670/3 | €14,986 | €18,136 | +€3,150 | +21.0% |
| Tax adjustments and reversals of tax provisions | 77 | €106 | €629 | +€523 | +493% |
| Profit (loss) for the period | 9904 | €40,385 | €51,731 | +€11,346 | +28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,385 | €51,731 | +€11,346 | +28.1% |
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 21 October 2026 via checked.be.