UKRBEL CONSTRUKT: what changed
UKRBEL CONSTRUKT
Largest movements
- Receivables within one year +€99,101
up €99,101 (+364%), from €27,205 to €126,306
of which Trade receivables: +€85,818
- Cash +€20,346
up €20,346 (+154%), from €13,198 to €33,544
mainly Trade debts (+€82,043) and Depreciation (+€47,824)
- Stocks and contracts -€3,700
no longer reported in 2024 (was €3,700)
- Trade debts +€82,043
up €82,043 (+2,798%), from €2,932 to €84,975
- Profit (loss) carried forward +€17,718
up €17,718 (+20.2%), from €87,776 to €105,494
- Tax, wage and social debts +€8,179
up €8,179 (+60.4%), from €13,538 to €21,717
of which Taxes: +€7,916
- Current portion of long-term debt +€5,495
up €5,495 (+54.7%), from €10,042 to €15,537
- Debts after one year -€4,370
down €4,370 (-12.0%), from €36,518 to €32,148
- Gross operating margin +€29,458
up €29,458 (+58.7%), from €50,144 to €79,602
- Depreciation +€18,263
up €18,263 (+61.8%), from €29,561 to €47,824
- Other operating charges -€16,991
down €16,991 (-94.9%), from €17,905 to €914
- Taxes +€8,290
up €8,290 (+653%), from €1,269 to €9,559
- Financial charges +€1,888
up €1,888 (+111%), from €1,699 to €3,587
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €158,256 | €269,646 | +€111,390 | +70.4% |
| Fixed assets | 21/28 | €108,688 | €106,094 | -€2,594 | -2.4% |
| Tangible fixed assets | 22/27 | €108,688 | €106,094 | -€2,594 | -2.4% |
| Plant, machinery and equipment | 23 | €17,301 | €11,534 | -€5,767 | -33.3% |
| Furniture and vehicles | 24 | €91,387 | €94,560 | +€3,173 | +3.5% |
| Current assets | 29/58 | €49,568 | €163,552 | +€113,984 | +230% |
| Stocks and contracts in progress | 3 | €3,700 | - | -€3,700 | |
| Stocks | 30/36 | €3,700 | - | -€3,700 | |
| Amounts receivable within one year | 40/41 | €27,205 | €126,306 | +€99,101 | +364% |
| Trade receivables | 40 | €23,713 | €109,531 | +€85,818 | +362% |
| Other amounts receivable | 41 | €3,492 | €16,775 | +€13,283 | +380% |
| Cash at bank and in hand | 54/58 | €13,198 | €33,544 | +€20,346 | +154% |
| Deferred charges and accrued income | 490/1 | €5,465 | €3,702 | -€1,763 | -32.3% |
| Total equity and liabilities | 10/49 | €158,256 | €269,646 | +€111,390 | +70.4% |
| Equity | 10/15 | €94,376 | €112,094 | +€17,718 | +18.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Capital | 10 | €6,000 | €6,000 | = | 0.0% |
| Issued capital | 100 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €600 | €600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €600 | €600 | = | 0.0% |
| Legal reserve | 130 | €600 | €600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,776 | €105,494 | +€17,718 | +20.2% |
| Amounts payable | 17/49 | €63,880 | €157,552 | +€93,672 | +147% |
| Amounts payable after more than one year | 17 | €36,518 | €32,148 | -€4,370 | -12.0% |
| Financial debts | 170/4 | €36,518 | €32,148 | -€4,370 | -12.0% |
| Amounts payable within one year | 42/48 | €27,362 | €125,404 | +€98,042 | +358% |
| Current portion of amounts payable after more than one year | 42 | €10,042 | €15,537 | +€5,495 | +54.7% |
| Financial debts | 43 | €850 | €855 | +€5 | +0.6% |
| Other loans | 439 | €850 | €855 | +€5 | +0.6% |
| Trade debts | 44 | €2,932 | €84,975 | +€82,043 | +2,798% |
| Suppliers | 440/4 | €2,932 | €84,975 | +€82,043 | +2,798% |
| Advances received on contracts in progress | 46 | - | €2,320 | +€2,320 | |
| Taxes, remuneration and social security | 45 | €13,538 | €21,717 | +€8,179 | +60.4% |
| Taxes | 450/3 | €1,270 | €9,186 | +€7,916 | +623% |
| Remuneration and social security | 454/9 | €12,268 | €12,531 | +€263 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,561 | €47,824 | +€18,263 | +61.8% |
| Other operating charges | 640/8 | €17,905 | €914 | -€16,991 | -94.9% |
| Gross operating margin | 9900 | €50,144 | €79,602 | +€29,458 | +58.7% |
| Operating profit (loss) | 9901 | €2,678 | €30,864 | +€28,186 | +1,053% |
| Financial income | 75/76B | €1,233 | - | -€1,233 | |
| Recurring financial income | 75 | €1,233 | - | -€1,233 | |
| Financial charges | 65/66B | €1,699 | €3,587 | +€1,888 | +111% |
| Recurring financial charges | 65 | €1,699 | €3,587 | +€1,888 | +111% |
| Profit (loss) for the period before taxes | 9903 | €2,212 | €27,277 | +€25,065 | +1,133% |
| Income taxes | 67/77 | €1,269 | €9,559 | +€8,290 | +653% |
| Profit (loss) for the period | 9904 | €943 | €17,718 | +€16,775 | +1,779% |
| Profit (loss) for the period to be appropriated | 9905 | €943 | €17,718 | +€16,775 | +1,779% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.