YR CONSTRUCT: what changed
Two fiscal 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.
YR CONSTRUCT
Largest movements
- Tangible fixed assets -€23,333
down €23,333 (-79.0%), from €29,527 to €6,194
of which Plant, machinery and equipment: -€21,736
- Receivables within one year -€5,944
down €5,944 (-7.0%), from €84,484 to €78,540
of which Other amounts receivable: -€11,976
- Cash -€1,352
down €1,352 (-13.5%), from €10,046 to €8,695
mainly Trade debts (-€19,381) and Net result for the year (-€13,209)
- Trade debts -€19,381
down €19,381 (-96.3%), from €20,116 to €736
- Profit (loss) carried forward -€13,209
new in 2024: -€13,209
- Tax, wage and social debts +€2,603
up €2,603 (+26.5%), from €9,835 to €12,439
- Gross operating margin -€77,212
down €77,212, from €74,442 to -€2,771
- Financial charges -€15,280
down €15,280 (-94.5%), from €16,171 to €891
of which Non-recurring financial charges: -€16,026
- Other operating charges -€9,889
down €9,889 (-88.0%), from €11,242 to €1,352
- Taxes -€9,868
no longer reported in 2024 (was €9,868)
- Financial income +€1,323
up €1,323 (+56.9%), from €2,327 to €3,650
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,244 | €93,874 | -€30,370 | -24.4% |
| Fixed assets | 21/28 | €29,627 | €6,294 | -€23,333 | -78.8% |
| Tangible fixed assets | 22/27 | €29,527 | €6,194 | -€23,333 | -79.0% |
| Plant, machinery and equipment | 23 | €25,849 | €4,113 | -€21,736 | -84.1% |
| Furniture and vehicles | 24 | €3,678 | €2,081 | -€1,597 | -43.4% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €94,617 | €87,580 | -€7,037 | -7.4% |
| Amounts receivable within one year | 40/41 | €84,484 | €78,540 | -€5,944 | -7.0% |
| Trade receivables | 40 | €11,593 | €17,625 | +€6,032 | +52.0% |
| Other amounts receivable | 41 | €72,891 | €60,915 | -€11,976 | -16.4% |
| Cash at bank and in hand | 54/58 | €10,046 | €8,695 | -€1,352 | -13.5% |
| Deferred charges and accrued income | 490/1 | €87 | €346 | +€258 | +296.1% |
| Total equity and liabilities | 10/49 | €124,244 | €93,874 | -€30,370 | -24.4% |
| Equity | 10/15 | €93,908 | €80,699 | -€13,209 | -14.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €88,908 | €88,908 | = | 0.0% |
| Distributable reserves | 133 | €88,908 | €88,908 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€13,209 | -€13,209 | |
| Amounts payable | 17/49 | €30,336 | €13,175 | -€17,162 | -56.6% |
| Amounts payable within one year | 42/48 | €29,952 | €13,175 | -€16,777 | -56.0% |
| Trade debts | 44 | €20,116 | €736 | -€19,381 | -96.3% |
| Suppliers | 440/4 | €20,116 | €736 | -€19,381 | -96.3% |
| Taxes, remuneration and social security | 45 | €9,835 | €12,439 | +€2,603 | +26.5% |
| Taxes | 450/3 | €9,835 | €12,439 | +€2,603 | +26.5% |
| Accrued charges and deferred income | 492/3 | €384 | - | -€384 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,832 | €3,044 | -€788 | -20.6% |
| Other operating charges | 640/8 | €11,242 | €1,352 | -€9,889 | -88.0% |
| Non-recurring operating charges | 66A | - | €8,801 | +€8,801 | |
| Gross operating margin | 9900 | €74,442 | -€2,771 | -€77,212 | |
| Operating profit (loss) | 9901 | €59,368 | -€15,968 | -€75,336 | |
| Financial income | 75/76B | €2,327 | €3,650 | +€1,323 | +56.9% |
| Recurring financial income | 75 | €2,327 | €3,650 | +€1,323 | +56.9% |
| Financial charges | 65/66B | €16,171 | €891 | -€15,280 | -94.5% |
| Recurring financial charges | 65 | €145 | €891 | +€746 | +515.5% |
| Non-recurring financial charges | 66B | €16,026 | - | -€16,026 | |
| Profit (loss) for the period before taxes | 9903 | €45,525 | -€13,209 | -€58,733 | |
| Income taxes | 67/77 | €9,868 | - | -€9,868 | |
| Profit (loss) for the period | 9904 | €35,656 | -€13,209 | -€48,865 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,656 | -€13,209 | -€48,865 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.