TONY CONSTRUCT TEAM: 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.
TONY CONSTRUCT TEAM
Largest movements
- Receivables within one year +€35,706
up €35,706 (+60.1%), from €59,429 to €95,135
of which Trade receivables: +€35,790
- Cash -€12,828
down €12,828 (-60.6%), from €21,166 to €8,338
mainly Receivables within one year (-€35,706) and Investment in fixed assets (net) (-€9,590)
- Tangible fixed assets +€9,189
up €9,189 (+6,807%), from €135 to €9,324
- Tax, wage and social debts +€16,623
up €16,623 (+50.2%), from €33,116 to €49,739
of which Remuneration and social security: +€16,491
- Profit (loss) carried forward +€10,418
up €10,418 (+25.5%), from €40,914 to €51,332
- Other debts +€4,459
up €4,459 (+112%), from €3,967 to €8,426
- Staff costs -€14,350
down €14,350 (-49.1%), from €29,248 to €14,898
- Gross operating margin -€13,492
down €13,492 (-30.4%), from €44,377 to €30,885
- Taxes +€4,343
new in 2025: €4,343
- Depreciation -€939
down €939 (-70.1%), from €1,340 to €401
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 | €81,297 | €112,797 | +€31,500 | +38.7% |
| Fixed assets | 21/28 | €135 | €9,324 | +€9,189 | +6,807% |
| Tangible fixed assets | 22/27 | €135 | €9,324 | +€9,189 | +6,807% |
| Furniture and vehicles | 24 | €135 | €9,324 | +€9,189 | +6,807% |
| Current assets | 29/58 | €81,162 | €103,473 | +€22,311 | +27.5% |
| Amounts receivable within one year | 40/41 | €59,429 | €95,135 | +€35,706 | +60.1% |
| Trade receivables | 40 | €55,837 | €91,627 | +€35,790 | +64.1% |
| Other amounts receivable | 41 | €3,592 | €3,508 | -€84 | -2.3% |
| Cash at bank and in hand | 54/58 | €21,166 | €8,338 | -€12,828 | -60.6% |
| Deferred charges and accrued income | 490/1 | €567 | - | -€567 | |
| Total equity and liabilities | 10/49 | €81,297 | €112,797 | +€31,500 | +38.7% |
| Equity | 10/15 | €44,214 | €54,632 | +€10,418 | +23.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €300 | €300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Legal reserve | 130 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,914 | €51,332 | +€10,418 | +25.5% |
| Amounts payable | 17/49 | €37,083 | €58,165 | +€21,082 | +56.9% |
| Amounts payable within one year | 42/48 | €37,083 | €58,165 | +€21,082 | +56.9% |
| Taxes, remuneration and social security | 45 | €33,116 | €49,739 | +€16,623 | +50.2% |
| Taxes | 450/3 | - | €132 | +€132 | |
| Remuneration and social security | 454/9 | €33,116 | €49,607 | +€16,491 | +49.8% |
| Other amounts payable | 47/48 | €3,967 | €8,426 | +€4,459 | +112% |
| Remuneration, social security and pensions | 62 | €29,248 | €14,898 | -€14,350 | -49.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,340 | €401 | -€939 | -70.1% |
| Other operating charges | 640/8 | €387 | €655 | +€268 | +69.3% |
| Gross operating margin | 9900 | €44,377 | €30,885 | -€13,492 | -30.4% |
| Operating profit (loss) | 9901 | €13,402 | €14,931 | +€1,529 | +11.4% |
| Financial charges | 65/66B | €153 | €170 | +€17 | +11.1% |
| Recurring financial charges | 65 | €153 | €170 | +€17 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €13,249 | €14,761 | +€1,512 | +11.4% |
| Income taxes | 67/77 | - | €4,343 | +€4,343 | |
| Profit (loss) for the period | 9904 | €13,249 | €10,418 | -€2,831 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,249 | €10,418 | -€2,831 | -21.4% |
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 16 October 2026 via checked.be.