T-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.
T-CONSTRUCT
Largest movements
- Cash -€1,778
down €1,778 (-72.5%), from €2,453 to €676
mainly Net result for the year (-€2,046) and Trade debts (-€398)
- Receivables within one year -€732
down €732 (-1.6%), from €46,685 to €45,952
of which Trade receivables: -€1,000
- Profit (loss) carried forward -€2,046
down €2,046 (-37.3%), from -€5,481 to -€7,527
- Gross operating margin -€1,737
down €1,737, from €391 to -€1,347
- Other operating charges +€18
up €18 (+2.9%), from €608 to €626
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 | €51,638 | €49,248 | -€2,390 | -4.6% |
| Current assets | 29/58 | €51,638 | €49,248 | -€2,390 | -4.6% |
| Stocks and contracts in progress | 3 | €2,500 | €2,500 | = | 0.0% |
| Contracts in progress | 37 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €46,685 | €45,952 | -€732 | -1.6% |
| Trade receivables | 40 | €46,250 | €45,250 | -€1,000 | -2.2% |
| Other amounts receivable | 41 | €435 | €702 | +€268 | +61.6% |
| Cash at bank and in hand | 54/58 | €2,453 | €676 | -€1,778 | -72.5% |
| Deferred charges and accrued income | 490/1 | - | €120 | +€120 | |
| Total equity and liabilities | 10/49 | €51,638 | €49,248 | -€2,390 | -4.6% |
| Equity | 10/15 | €19,519 | €17,473 | -€2,046 | -10.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,481 | -€7,527 | -€2,046 | -37.3% |
| Amounts payable | 17/49 | €32,119 | €31,775 | -€344 | -1.1% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Other amounts payable | 178/9 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €12,119 | €11,775 | -€344 | -2.8% |
| Trade debts | 44 | €12,026 | €11,628 | -€398 | -3.3% |
| Suppliers | 440/4 | €12,026 | €11,628 | -€398 | -3.3% |
| Other amounts payable | 47/48 | €92 | €147 | +€55 | +59.2% |
| Other operating charges | 640/8 | €608 | €626 | +€18 | +2.9% |
| Gross operating margin | 9900 | €391 | -€1,347 | -€1,737 | |
| Operating profit (loss) | 9901 | -€218 | -€1,972 | -€1,755 | -806.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €74 | €75 | +€1 | +1.5% |
| Recurring financial charges | 65 | €74 | €75 | +€1 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | -€292 | -€2,046 | -€1,755 | -601.7% |
| Profit (loss) for the period | 9904 | -€292 | -€2,046 | -€1,755 | -601.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€292 | -€2,046 | -€1,755 | -601.7% |
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 12 October 2026 via checked.be.