A.D.BATIMENT: 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.
A.D.BATIMENT
Largest movements
- Receivables within one year +€181,498
up €181,498 (+233%), from €77,983 to €259,482
of which Other amounts receivable: +€161,223
- Tangible fixed assets +€56,468
up €56,468 (+414%), from €13,650 to €70,119
of which Furniture and vehicles: +€57,422
- Cash -€11,054
no longer reported in 2025 (was €11,054)
mainly Receivables within one year (-€181,498) and Investment in fixed assets (net) (-€66,329)
- Profit (loss) carried forward +€261,613
up €261,613, from -€123,386 to €138,227
- Trade debts -€39,088
down €39,088 (-46.8%), from €83,526 to €44,438
- Other debts -€38,984
down €38,984 (-56.5%), from €68,984 to €30,000
- Tax, wage and social debts +€17,929
up €17,929 (+171%), from €10,456 to €28,384
of which Taxes: +€18,929
- Short-term financial debts +€15,542
new in 2025: €15,542
- Gross operating margin +€86,472
up €86,472 (+125%), from €69,441 to €155,913
- Taxes +€15,553
up €15,553 (+165%), from €9,438 to €24,991
- Other operating charges +€5,844
up €5,844 (+179%), from €3,263 to €9,107
- Depreciation +€5,403
up €5,403 (+121%), from €4,458 to €9,861
- Staff costs +€2,500
new in 2025: €2,500
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 | €106,402 | €333,726 | +€227,323 | +214% |
| Fixed assets | 21/28 | €14,007 | €70,476 | +€56,468 | +403% |
| Tangible fixed assets | 22/27 | €13,650 | €70,119 | +€56,468 | +414% |
| Plant, machinery and equipment | 23 | €383 | €204 | -€179 | -46.7% |
| Furniture and vehicles | 24 | €6,893 | €64,315 | +€57,422 | +833% |
| Other tangible fixed assets | 26 | €6,375 | €5,599 | -€775 | -12.2% |
| Financial fixed assets | 28 | €357 | €357 | = | 0.0% |
| Current assets | 29/58 | €92,395 | €263,250 | +€170,855 | +185% |
| Amounts receivable within one year | 40/41 | €77,983 | €259,482 | +€181,498 | +233% |
| Trade receivables | 40 | €46,752 | €67,027 | +€20,276 | +43.4% |
| Other amounts receivable | 41 | €31,232 | €192,455 | +€161,223 | +516% |
| Cash at bank and in hand | 54/58 | €11,054 | - | -€11,054 | |
| Deferred charges and accrued income | 490/1 | €3,358 | €3,768 | +€410 | +12.2% |
| Total equity and liabilities | 10/49 | €106,402 | €333,726 | +€227,323 | +214% |
| Equity | 10/15 | -€57,666 | €212,008 | +€269,673 | |
| Contributions | 10/11 | €61,500 | €67,700 | +€6,200 | +10.1% |
| Capital | 10 | €61,500 | €67,700 | +€6,200 | +10.1% |
| Issued capital | 100 | €61,500 | €80,100 | +€18,600 | +30.2% |
| Uncalled capital | 101 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €4,221 | €6,081 | +€1,860 | +44.1% |
| Non-distributable reserves | 130/1 | €1,565 | €1,565 | = | 0.0% |
| Legal reserve | 130 | €1,565 | €1,565 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,656 | €2,656 | = | 0.0% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€123,386 | €138,227 | +€261,613 | |
| Amounts payable | 17/49 | €164,068 | €121,718 | -€42,350 | -25.8% |
| Amounts payable after more than one year | 17 | - | €3,354 | +€3,354 | |
| Other amounts payable | 178/9 | - | €3,354 | +€3,354 | |
| Amounts payable within one year | 42/48 | €164,068 | €118,364 | -€45,704 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | €1,103 | - | -€1,103 | |
| Financial debts | 43 | - | €15,542 | +€15,542 | |
| Credit institutions | 430/8 | - | €15,542 | +€15,542 | |
| Trade debts | 44 | €83,526 | €44,438 | -€39,088 | -46.8% |
| Suppliers | 440/4 | €83,526 | €44,438 | -€39,088 | -46.8% |
| Taxes, remuneration and social security | 45 | €10,456 | €28,384 | +€17,929 | +171% |
| Taxes | 450/3 | €9,456 | €28,384 | +€18,929 | +200% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €68,984 | €30,000 | -€38,984 | -56.5% |
| Non-recurring operating income | 76A | - | €14,050 | +€14,050 | |
| Remuneration, social security and pensions | 62 | - | €2,500 | +€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,458 | €9,861 | +€5,403 | +121% |
| Other operating charges | 640/8 | €3,263 | €9,107 | +€5,844 | +179% |
| Gross operating margin | 9900 | €69,441 | €155,913 | +€86,472 | +125% |
| Operating profit (loss) | 9901 | €61,720 | €134,446 | +€72,725 | +118% |
| Financial income | 75/76B | €135 | €111 | -€24 | -17.7% |
| Recurring financial income | 75 | €135 | €111 | -€24 | -17.7% |
| Financial charges | 65/66B | €4,180 | €2,287 | -€1,893 | -45.3% |
| Recurring financial charges | 65 | €4,180 | €2,287 | -€1,893 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | €57,675 | €132,270 | +€74,595 | +129% |
| Income taxes | 67/77 | €9,438 | €24,991 | +€15,553 | +165% |
| Profit (loss) for the period | 9904 | €48,238 | €107,280 | +€59,042 | +122% |
| Profit (loss) for the period to be appropriated | 9905 | €48,238 | €107,280 | +€59,042 | +122% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.