Tom 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.
Tom Construct
Largest movements
- Cash -€14,786
down €14,786 (-99.4%), from €14,873 to €87
mainly Trade debts (-€20,620) and Advances received (-€12,798)
- Receivables within one year -€14,667
down €14,667 (-42.3%), from €34,694 to €20,027
of which Trade receivables: -€16,685
- Deferred charges and accrued income -€2,220
down €2,220 (-48.5%), from €4,582 to €2,362
- Tangible fixed assets -€2,117
down €2,117 (-1.5%), from €145,960 to €143,843
of which Land and buildings: -€2,624
- Trade debts -€20,620
down €20,620 (-55.4%), from €37,215 to €16,596
- Advances received -€12,798
down €12,798 (-69.8%), from €18,333 to €5,535
- Debts after one year -€10,394
down €10,394 (-13.4%), from €77,569 to €67,175
- Reserves +€5,112
up €5,112 (+10.9%), from €46,912 to €52,025
of which Distributable reserves: +€5,112
- Short-term financial debts +€3,271
up €3,271, from €0 to €3,271
- Gross operating margin +€3,749
up €3,749 (+19.8%), from €18,953 to €22,701
- Depreciation -€3,262
down €3,262 (-24.4%), from €13,365 to €10,103
- Taxes +€1,129
up €1,129 (+78.1%), from €1,447 to €2,576
- Financial charges -€359
down €359 (-12.6%), from €2,845 to €2,486
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 | €210,564 | €177,290 | -€33,275 | -15.8% |
| Fixed assets | 21/28 | €146,431 | €144,314 | -€2,117 | -1.4% |
| Tangible fixed assets | 22/27 | €145,960 | €143,843 | -€2,117 | -1.5% |
| Land and buildings | 22 | €145,306 | €142,683 | -€2,624 | -1.8% |
| Plant, machinery and equipment | 23 | €654 | €1,160 | +€506 | +77.4% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €471 | €471 | = | 0.0% |
| Current assets | 29/58 | €64,133 | €32,976 | -€31,157 | -48.6% |
| Stocks and contracts in progress | 3 | €9,984 | €10,500 | +€516 | +5.2% |
| Contracts in progress | 37 | €9,984 | €10,500 | +€516 | +5.2% |
| Amounts receivable within one year | 40/41 | €34,694 | €20,027 | -€14,667 | -42.3% |
| Trade receivables | 40 | €22,755 | €6,070 | -€16,685 | -73.3% |
| Other amounts receivable | 41 | €11,938 | €13,957 | +€2,019 | +16.9% |
| Cash at bank and in hand | 54/58 | €14,873 | €87 | -€14,786 | -99.4% |
| Deferred charges and accrued income | 490/1 | €4,582 | €2,362 | -€2,220 | -48.5% |
| Total equity and liabilities | 10/49 | €210,564 | €177,290 | -€33,275 | -15.8% |
| Equity | 10/15 | €65,512 | €70,625 | +€5,112 | +7.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €46,912 | €52,025 | +€5,112 | +10.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €46,912 | €52,025 | +€5,112 | +10.9% |
| Amounts payable | 17/49 | €145,052 | €106,665 | -€38,387 | -26.5% |
| Amounts payable after more than one year | 17 | €77,569 | €67,175 | -€10,394 | -13.4% |
| Financial debts | 170/4 | €77,569 | €67,175 | -€10,394 | -13.4% |
| Amounts payable within one year | 42/48 | €66,423 | €38,430 | -€27,993 | -42.1% |
| Current portion of amounts payable after more than one year | 42 | €8,059 | €8,317 | +€258 | +3.2% |
| Financial debts | 43 | €0 | €3,271 | +€3,271 | |
| Credit institutions | 430/8 | €0 | €3,271 | +€3,271 | |
| Trade debts | 44 | €37,215 | €16,596 | -€20,620 | -55.4% |
| Suppliers | 440/4 | €37,215 | €16,596 | -€20,620 | -55.4% |
| Advances received on contracts in progress | 46 | €18,333 | €5,535 | -€12,798 | -69.8% |
| Taxes, remuneration and social security | 45 | €2,782 | €4,712 | +€1,930 | +69.4% |
| Taxes | 450/3 | €2,782 | €4,712 | +€1,930 | +69.4% |
| Other amounts payable | 47/48 | €33 | €0 | -€33 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,060 | €1,060 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,365 | €10,103 | -€3,262 | -24.4% |
| Other operating charges | 640/8 | €2,557 | €2,609 | +€51 | +2.0% |
| Gross operating margin | 9900 | €18,953 | €22,701 | +€3,749 | +19.8% |
| Operating profit (loss) | 9901 | €3,030 | €9,989 | +€6,959 | +229.7% |
| Financial income | 75/76B | €254 | €185 | -€69 | -27.2% |
| Recurring financial income | 75 | €254 | €185 | -€69 | -27.2% |
| Financial charges | 65/66B | €2,845 | €2,486 | -€359 | -12.6% |
| Recurring financial charges | 65 | €2,845 | €2,486 | -€359 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €439 | €7,688 | +€7,249 | +1651.9% |
| Income taxes | 67/77 | €1,447 | €2,576 | +€1,129 | +78.1% |
| Profit (loss) for the period | 9904 | -€1,008 | €5,112 | +€6,120 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,008 | €5,112 | +€6,120 |
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 11 October 2026 via checked.be.