ABSOLUTE@CONSTRUCT: 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.
ABSOLUTE@CONSTRUCT
Largest movements
- Cash -€76,277
down €76,277 (-20.8%), from €366,173 to €289,896
mainly Trade debts (-€449,645) and Contributions, distributions and other (-€199,780)
- Receivables within one year -€72,506
down €72,506 (-9.7%), from €748,342 to €675,837
of which Other amounts receivable: -€81,105
- Trade debts -€449,645
down €449,645 (-89.2%), from €504,047 to €54,402
- Other debts +€440,698
up €440,698 (+177%), from €249,463 to €690,161
- Reserves -€197,498
down €197,498 (-94.2%), from €209,615 to €12,117
- Tax, wage and social debts +€55,446
up €55,446 (+158%), from €35,001 to €90,447
of which Remuneration and social security: +€77,063
- Gross operating margin -€547,283
down €547,283 (-21.7%), from €2.5m to €2.0m
- Staff costs -€525,005
down €525,005 (-21.5%), from €2.4m to €1.9m
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 | €1,121,777 | €971,883 | -€149,894 | -13.4% |
| Fixed assets | 21/28 | €7,263 | €6,151 | -€1,112 | -15.3% |
| Tangible fixed assets | 22/27 | €6,834 | €6,151 | -€683 | -10.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €6,834 | €6,151 | -€683 | -10.0% |
| Financial fixed assets | 28 | €428 | €0 | -€428 | -100% |
| Current assets | 29/58 | €1,114,515 | €965,733 | -€148,782 | -13.3% |
| Amounts receivable within one year | 40/41 | €748,342 | €675,837 | -€72,506 | -9.7% |
| Trade receivables | 40 | €376,303 | €384,903 | +€8,600 | +2.3% |
| Other amounts receivable | 41 | €372,040 | €290,934 | -€81,105 | -21.8% |
| Cash at bank and in hand | 54/58 | €366,173 | €289,896 | -€76,277 | -20.8% |
| Total equity and liabilities | 10/49 | €1,121,777 | €971,883 | -€149,894 | -13.4% |
| Equity | 10/15 | €327,615 | €130,117 | -€197,498 | -60.3% |
| Contributions | 10/11 | €118,000 | €118,000 | = | 0.0% |
| Reserves | 13 | €209,615 | €12,117 | -€197,498 | -94.2% |
| Distributable reserves | 133 | €209,615 | €12,117 | -€197,498 | -94.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €794,162 | €841,766 | +€47,604 | +6.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €792,421 | €841,739 | +€49,318 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €3,909 | €0 | -€3,909 | -100% |
| Financial debts | 43 | €0 | €6,729 | +€6,729 | |
| Credit institutions | 430/8 | €0 | €6,729 | +€6,729 | |
| Trade debts | 44 | €504,047 | €54,402 | -€449,645 | -89.2% |
| Suppliers | 440/4 | €504,047 | €54,402 | -€449,645 | -89.2% |
| Taxes, remuneration and social security | 45 | €35,001 | €90,447 | +€55,446 | +158% |
| Taxes | 450/3 | €21,617 | €0 | -€21,617 | -100% |
| Remuneration and social security | 454/9 | €13,384 | €90,447 | +€77,063 | +576% |
| Other amounts payable | 47/48 | €249,463 | €690,161 | +€440,698 | +177% |
| Accrued charges and deferred income | 492/3 | €1,742 | €27 | -€1,714 | -98.4% |
| Remuneration, social security and pensions | 62 | €2,447,474 | €1,922,469 | -€525,005 | -21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,653 | €683 | -€969 | -58.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €26,347 | €32,125 | +€5,778 | +21.9% |
| Other operating charges | 640/8 | €3,751 | €3,102 | -€649 | -17.3% |
| Non-recurring operating charges | 66A | €467 | €4,927 | +€4,460 | +956% |
| Gross operating margin | 9900 | €2,525,145 | €1,977,863 | -€547,283 | -21.7% |
| Operating profit (loss) | 9901 | €45,454 | €14,556 | -€30,898 | -68.0% |
| Financial income | 75/76B | €20,222 | €17,607 | -€2,616 | -12.9% |
| Recurring financial income | 75 | €20,222 | €17,607 | -€2,616 | -12.9% |
| Financial charges | 65/66B | €13,840 | €27,862 | +€14,022 | +101% |
| Recurring financial charges | 65 | €13,840 | €27,862 | +€14,022 | +101% |
| Profit (loss) for the period before taxes | 9903 | €51,836 | €4,301 | -€47,535 | -91.7% |
| Income taxes | 67/77 | €12,990 | €2,019 | -€10,971 | -84.5% |
| Profit (loss) for the period | 9904 | €38,847 | €2,282 | -€36,565 | -94.1% |
| Profit (loss) for the period to be appropriated | 9905 | €38,847 | €2,282 | -€36,565 | -94.1% |
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.