CONSTRUCT CENTER: 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.
CONSTRUCT CENTER
Largest movements
- Stocks and contracts +€711,429
up €711,429 (+68.0%), from €1.0m to €1.8m
- Receivables within one year +€270,569
up €270,569 (+26.0%), from €1.0m to €1.3m
of which Trade receivables: +€274,659
- Tangible fixed assets +€254,176
up €254,176 (+145%), from €175,661 to €429,837
of which Other tangible fixed assets: +€179,946
- Trade debts +€546,080
up €546,080 (+41.8%), from €1.3m to €1.9m
- Accrued charges and deferred income +€348,648
up €348,648 (+93.8%), from €371,761 to €720,409
- Other debts +€150,376
up €150,376 (+58.8%), from €255,801 to €406,177
- Tax, wage and social debts +€80,406
up €80,406 (+39.5%), from €203,651 to €284,057
of which Remuneration and social security: +€57,503
- Debts after one year +€45,719
up €45,719 (+110%), from €41,431 to €87,150
- Staff costs +€210,815
up €210,815 (+35.7%), from €590,918 to €801,733
- Gross operating margin +€176,825
up €176,825 (+23.0%), from €767,302 to €944,127
- Depreciation +€15,984
up €15,984 (+29.0%), from €55,140 to €71,124
- Other operating charges +€15,238
up €15,238 (+1,701%), from €896 to €16,134
- Taxes -€10,456
down €10,456 (-39.2%), from €26,706 to €16,250
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 | €2,471,325 | €3,670,260 | +€1.2m | +48.5% |
| Fixed assets | 21/28 | €182,723 | €434,772 | +€252,049 | +138% |
| Intangible fixed assets | 21 | €7,062 | €4,935 | -€2,127 | -30.1% |
| Tangible fixed assets | 22/27 | €175,661 | €429,837 | +€254,176 | +145% |
| Plant, machinery and equipment | 23 | €9,334 | €85,161 | +€75,827 | +812% |
| Furniture and vehicles | 24 | €166,327 | €164,730 | -€1,597 | -1.0% |
| Other tangible fixed assets | 26 | - | €179,946 | +€179,946 | |
| Current assets | 29/58 | €2,288,602 | €3,235,488 | +€946,886 | +41.4% |
| Stocks and contracts in progress | 3 | €1,045,575 | €1,757,004 | +€711,429 | +68.0% |
| Stocks | 30/36 | €1,045,575 | €1,757,004 | +€711,429 | +68.0% |
| Amounts receivable within one year | 40/41 | €1,040,242 | €1,310,811 | +€270,569 | +26.0% |
| Trade receivables | 40 | €1,035,980 | €1,310,639 | +€274,659 | +26.5% |
| Other amounts receivable | 41 | €4,262 | €172 | -€4,090 | -96.0% |
| Cash at bank and in hand | 54/58 | €188,457 | €153,932 | -€34,525 | -18.3% |
| Deferred charges and accrued income | 490/1 | €14,328 | €13,741 | -€587 | -4.1% |
| Total equity and liabilities | 10/49 | €2,471,325 | €3,670,260 | +€1.2m | +48.5% |
| Equity | 10/15 | €254,675 | €259,337 | +€4,662 | +1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €105,346 | €105,346 | = | 0.0% |
| Distributable reserves | 133 | €105,346 | €105,346 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,729 | €135,391 | +€4,662 | +3.6% |
| Amounts payable | 17/49 | €2,216,650 | €3,410,923 | +€1.2m | +53.9% |
| Amounts payable after more than one year | 17 | €41,431 | €87,150 | +€45,719 | +110% |
| Financial debts | 170/4 | €41,431 | €87,150 | +€45,719 | +110% |
| Amounts payable within one year | 42/48 | €1,803,458 | €2,603,364 | +€799,906 | +44.4% |
| Current portion of amounts payable after more than one year | 42 | €36,551 | €59,595 | +€23,044 | +63.0% |
| Trade debts | 44 | €1,307,455 | €1,853,535 | +€546,080 | +41.8% |
| Suppliers | 440/4 | €1,307,455 | €1,853,535 | +€546,080 | +41.8% |
| Taxes, remuneration and social security | 45 | €203,651 | €284,057 | +€80,406 | +39.5% |
| Taxes | 450/3 | €158,686 | €181,589 | +€22,903 | +14.4% |
| Remuneration and social security | 454/9 | €44,965 | €102,468 | +€57,503 | +128% |
| Other amounts payable | 47/48 | €255,801 | €406,177 | +€150,376 | +58.8% |
| Accrued charges and deferred income | 492/3 | €371,761 | €720,409 | +€348,648 | +93.8% |
| Remuneration, social security and pensions | 62 | €590,918 | €801,733 | +€210,815 | +35.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,140 | €71,124 | +€15,984 | +29.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€104 | - | +€104 | |
| Other operating charges | 640/8 | €896 | €16,134 | +€15,238 | +1,701% |
| Non-recurring operating charges | 66A | - | €2,242 | +€2,242 | |
| Gross operating margin | 9900 | €767,302 | €944,127 | +€176,825 | +23.0% |
| Operating profit (loss) | 9901 | €120,452 | €52,894 | -€67,558 | -56.1% |
| Financial income | 75/76B | €1,065 | €4,368 | +€3,303 | +310% |
| Recurring financial income | 75 | €1,065 | €4,368 | +€3,303 | +310% |
| Financial charges | 65/66B | €39,595 | €36,350 | -€3,245 | -8.2% |
| Recurring financial charges | 65 | €39,541 | €36,350 | -€3,191 | -8.1% |
| Non-recurring financial charges | 66B | €54 | - | -€54 | |
| Profit (loss) for the period before taxes | 9903 | €81,922 | €20,912 | -€61,010 | -74.5% |
| Income taxes | 67/77 | €26,706 | €16,250 | -€10,456 | -39.2% |
| Profit (loss) for the period | 9904 | €55,216 | €4,662 | -€50,554 | -91.6% |
| Profit (loss) for the period to be appropriated | 9905 | €55,216 | €4,662 | -€50,554 | -91.6% |
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 24 October 2026 via checked.be.