VERSTRAETE CONSTRUCTO: 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.
VERSTRAETE CONSTRUCTO
Largest movements
- Stocks and contracts +€77,205
up €77,205 (+8.3%), from €927,357 to €1.0m
- Receivables within one year -€20,538
down €20,538 (-90.1%), from €22,797 to €2,259
- Cash +€14,347
up €14,347 (+866%), from €1,656 to €16,003
mainly Debts after one year (+€69,527) and Receivables within one year (+€20,538)
- Debts after one year +€69,527
up €69,527 (+7.5%), from €921,689 to €991,216
- Gross operating margin +€6,179
up €6,179 (+9.4%), from €65,630 to €71,810
- Financial charges -€935
down €935 (-1.4%), from €66,873 to €65,938
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 | €953,295 | €1,024,308 | +€71,014 | +7.4% |
| Fixed assets | 21/28 | €1,484 | €1,484 | = | 0.0% |
| Financial fixed assets | 28 | €1,484 | €1,484 | = | 0.0% |
| Current assets | 29/58 | €951,811 | €1,022,824 | +€71,014 | +7.5% |
| Stocks and contracts in progress | 3 | €927,357 | €1,004,562 | +€77,205 | +8.3% |
| Stocks | 30/36 | €927,357 | €1,004,562 | +€77,205 | +8.3% |
| Amounts receivable within one year | 40/41 | €22,797 | €2,259 | -€20,538 | -90.1% |
| Other amounts receivable | 41 | €22,797 | €2,259 | -€20,538 | -90.1% |
| Cash at bank and in hand | 54/58 | €1,656 | €16,003 | +€14,347 | +866% |
| Total equity and liabilities | 10/49 | €953,295 | €1,024,308 | +€71,014 | +7.4% |
| Equity | 10/15 | €26,773 | €31,435 | +€4,662 | +17.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,173 | €12,835 | +€4,662 | +57.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €6,313 | €10,975 | +€4,662 | +73.8% |
| Amounts payable | 17/49 | €926,522 | €992,874 | +€66,352 | +7.2% |
| Amounts payable after more than one year | 17 | €921,689 | €991,216 | +€69,527 | +7.5% |
| Financial debts | 170/4 | €921,689 | €991,216 | +€69,527 | +7.5% |
| Amounts payable within one year | 42/48 | €4,833 | €1,658 | -€3,175 | -65.7% |
| Trade debts | 44 | €4,833 | €1,658 | -€3,175 | -65.7% |
| Suppliers | 440/4 | €4,833 | €1,658 | -€3,175 | -65.7% |
| Other operating charges | 640/8 | €571 | €1,210 | +€639 | +112% |
| Gross operating margin | 9900 | €65,630 | €71,810 | +€6,179 | +9.4% |
| Operating profit (loss) | 9901 | €65,060 | €70,600 | +€5,540 | +8.5% |
| Financial charges | 65/66B | €66,873 | €65,938 | -€935 | -1.4% |
| Recurring financial charges | 65 | €66,873 | €65,938 | -€935 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,813 | €4,662 | +€6,475 | |
| Profit (loss) for the period | 9904 | -€1,813 | €4,662 | +€6,475 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,813 | €4,662 | +€6,475 |
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 25 October 2026 via checked.be.