2 BUILD IT: 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.
2 BUILD IT
Largest movements
- Current investments +€34,143
up €34,143 (+17.7%), from €192,797 to €226,940
- Cash -€32,914
down €32,914 (-52.6%), from €62,616 to €29,702
mainly Current investments (-€34,143) and Receivables within one year (-€16,661)
- Receivables within one year +€16,661
up €16,661 (+166.0%), from €10,038 to €26,700
of which Trade receivables: +€10,920
- Other debts +€20,000
up €20,000 (+9.5%), from €210,000 to €230,000
- Trade debts -€11,384
down €11,384 (-100.0%), from €11,384 to €0
- Profit (loss) carried forward +€9,410
up €9,410 (+145.6%), from €6,463 to €15,872
- Services and other goods -€2,164
down €2,164 (-52.6%), from €4,116 to €1,953
- Financial charges -€1,664
down €1,664 (-18.0%), from €9,225 to €7,562
- Goods and materials -€1,309
down €1,309 (-11.5%), from €11,384 to €10,076
- Taxes +€982
up €982 (+45.6%), from €2,154 to €3,137
- Turnover -€975
down €975 (-2.7%), from €35,920 to €34,945
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.
Cash bridge derived
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 | €528,535 | €546,426 | +€17,891 | +3.4% |
| Fixed assets | 21/28 | €263,084 | €263,084 | = | 0.0% |
| Tangible fixed assets | 22/27 | €263,084 | €263,084 | = | 0.0% |
| Land and buildings | 22 | €263,084 | €263,084 | = | 0.0% |
| Current assets | 29/58 | €265,452 | €283,342 | +€17,891 | +6.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €10,038 | €26,700 | +€16,661 | +166.0% |
| Trade receivables | 40 | €4,550 | €15,470 | +€10,920 | +240.0% |
| Other amounts receivable | 41 | €5,488 | €11,230 | +€5,741 | +104.6% |
| Current investments | 50/53 | €192,797 | €226,940 | +€34,143 | +17.7% |
| Other investments | 51/53 | €192,797 | €226,940 | +€34,143 | +17.7% |
| Cash at bank and in hand | 54/58 | €62,616 | €29,702 | -€32,914 | -52.6% |
| Total equity and liabilities | 10/49 | €528,535 | €546,426 | +€17,891 | +3.4% |
| Equity | 10/15 | €306,463 | €315,872 | +€9,410 | +3.1% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,463 | €15,872 | +€9,410 | +145.6% |
| Amounts payable | 17/49 | €222,073 | €230,554 | +€8,481 | +3.8% |
| Amounts payable within one year | 42/48 | €221,418 | €230,034 | +€8,616 | +3.9% |
| Trade debts | 44 | €11,384 | €0 | -€11,384 | -100.0% |
| Suppliers | 440/4 | €11,384 | €0 | -€11,384 | -100.0% |
| Taxes, remuneration and social security | 45 | €34 | €34 | = | 0.0% |
| Taxes | 450/3 | €34 | €34 | = | 0.0% |
| Other amounts payable | 47/48 | €210,000 | €230,000 | +€20,000 | +9.5% |
| Accrued charges and deferred income | 492/3 | €655 | €520 | -€135 | -20.6% |
| Operating income | 70/76A | €35,993 | €34,945 | -€1,048 | -2.9% |
| Turnover | 70 | €35,920 | €34,945 | -€975 | -2.7% |
| Other operating income | 74 | €73 | €0 | -€73 | -100.0% |
| Operating charges | 60/66A | €18,991 | €14,837 | -€4,154 | -21.9% |
| Goods for resale, raw materials and consumables | 60 | €11,384 | €10,076 | -€1,309 | -11.5% |
| Purchases | 600/8 | €11,384 | €10,076 | -€1,309 | -11.5% |
| Services and other goods | 61 | €4,116 | €1,953 | -€2,164 | -52.6% |
| Other operating charges | 640/8 | €3,490 | €2,809 | -€681 | -19.5% |
| Operating profit (loss) | 9901 | €17,002 | €20,108 | +€3,106 | +18.3% |
| Financial income | 75/76B | €894 | €0 | -€894 | -100.0% |
| Recurring financial income | 75 | €894 | €0 | -€894 | -100.0% |
| Other financial income | 752/9 | €894 | €0 | -€894 | -100.0% |
| Financial charges | 65/66B | €9,225 | €7,562 | -€1,664 | -18.0% |
| Recurring financial charges | 65 | €9,225 | €7,562 | -€1,664 | -18.0% |
| Debt charges | 650 | €8,711 | €7,059 | -€1,652 | -19.0% |
| Other financial charges | 652/9 | €515 | €503 | -€12 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €8,671 | €12,546 | +€3,876 | +44.7% |
| Income taxes | 67/77 | €2,154 | €3,137 | +€982 | +45.6% |
| Taxes | 670/3 | €2,154 | €3,137 | +€982 | +45.6% |
| Profit (loss) for the period | 9904 | €6,517 | €9,410 | +€2,893 | +44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,517 | €9,410 | +€2,893 | +44.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.