UA Construction: 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.
UA Construction
Largest movements
- Tangible fixed assets +€94,390
up €94,390 (+115%), from €82,225 to €176,615
of which Furniture and vehicles: +€107,986
- Cash -€17,309
down €17,309 (-55.0%), from €31,498 to €14,189
mainly Investment in fixed assets (net) (-€119,723) and Other debts (-€6,111)
- Debts after one year +€51,901
up €51,901 (+111%), from €46,822 to €98,723
- Profit (loss) carried forward +€17,992
up €17,992 (+21.3%), from €84,470 to €102,462
- Current portion of long-term debt +€15,506
up €15,506 (+88.7%), from €17,483 to €32,989
- Other debts -€6,111
down €6,111 (-78.2%), from €7,819 to €1,708
- Trade debts -€3,541
down €3,541 (-100.0%), from €3,542 to €1
- Gross operating margin -€56,742
down €56,742 (-51.0%), from €111,319 to €54,577
- Taxes -€12,367
down €12,367 (-70.6%), from €17,520 to €5,153
- Depreciation +€7,890
up €7,890 (+45.2%), from €17,443 to €25,332
- Financial charges -€3,623
down €3,623 (-48.2%), from €7,515 to €3,892
- Other operating charges +€1,316
up €1,316 (+148%), from €891 to €2,207
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 | €184,837 | €261,636 | +€76,799 | +41.5% |
| Fixed assets | 21/28 | €82,225 | €176,615 | +€94,390 | +115% |
| Tangible fixed assets | 22/27 | €82,225 | €176,615 | +€94,390 | +115% |
| Furniture and vehicles | 24 | €42,910 | €150,896 | +€107,986 | +252% |
| Leasing and similar rights | 25 | €39,315 | €25,719 | -€13,596 | -34.6% |
| Current assets | 29/58 | €102,612 | €85,021 | -€17,591 | -17.1% |
| Amounts receivable within one year | 40/41 | €69,518 | €70,127 | +€608 | +0.9% |
| Trade receivables | 40 | €66,693 | €66,775 | +€83 | +0.1% |
| Other amounts receivable | 41 | €2,826 | €3,352 | +€526 | +18.6% |
| Cash at bank and in hand | 54/58 | €31,498 | €14,189 | -€17,309 | -55.0% |
| Deferred charges and accrued income | 490/1 | €1,596 | €706 | -€890 | -55.8% |
| Total equity and liabilities | 10/49 | €184,837 | €261,636 | +€76,799 | +41.5% |
| Equity | 10/15 | €86,470 | €104,462 | +€17,992 | +20.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,470 | €102,462 | +€17,992 | +21.3% |
| Amounts payable | 17/49 | €98,367 | €157,174 | +€58,807 | +59.8% |
| Amounts payable after more than one year | 17 | €46,822 | €98,723 | +€51,901 | +111% |
| Financial debts | 170/4 | €46,822 | €98,723 | +€51,901 | +111% |
| Amounts payable within one year | 42/48 | €51,545 | €58,451 | +€6,906 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €17,483 | €32,989 | +€15,506 | +88.7% |
| Trade debts | 44 | €3,542 | €1 | -€3,541 | -100.0% |
| Suppliers | 440/4 | €3,542 | €1 | -€3,541 | -100.0% |
| Taxes, remuneration and social security | 45 | €22,700 | €23,753 | +€1,053 | +4.6% |
| Taxes | 450/3 | €22,700 | €23,753 | +€1,053 | +4.6% |
| Other amounts payable | 47/48 | €7,819 | €1,708 | -€6,111 | -78.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,443 | €25,332 | +€7,890 | +45.2% |
| Other operating charges | 640/8 | €891 | €2,207 | +€1,316 | +148% |
| Gross operating margin | 9900 | €111,319 | €54,577 | -€56,742 | -51.0% |
| Operating profit (loss) | 9901 | €92,985 | €27,037 | -€65,948 | -70.9% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €7,515 | €3,892 | -€3,623 | -48.2% |
| Recurring financial charges | 65 | €7,515 | €3,892 | -€3,623 | -48.2% |
| Profit (loss) for the period before taxes | 9903 | €85,475 | €23,145 | -€62,329 | -72.9% |
| Income taxes | 67/77 | €17,520 | €5,153 | -€12,367 | -70.6% |
| Profit (loss) for the period | 9904 | €67,955 | €17,992 | -€49,962 | -73.5% |
| Profit (loss) for the period to be appropriated | 9905 | €67,955 | €17,992 | -€49,962 | -73.5% |
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.