Active Building Isolation: 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.
Active Building Isolation
Largest movements
- Stocks and contracts +€595,667
up €595,667 (+316.2%), from €188,391 to €784,058
of which Contracts in progress: +€301,319
- Tangible fixed assets +€409,907
up €409,907 (+67.2%), from €610,091 to €1.0m
- Cash +€240,353
up €240,353 (+413.3%), from €58,156 to €298,509
mainly Short-term financial debts (+€615,000) and Trade debts (+€320,629)
- Intangible fixed assets +€182,754
up €182,754 (+332.8%), from €54,918 to €237,672
- Short-term financial debts +€615,000
up €615,000 (+261.7%), from €235,000 to €850,000
- Trade debts +€320,629
up €320,629 (+45.4%), from €705,579 to €1.0m
- Debts after one year +€280,762
up €280,762 (+28.9%), from €972,974 to €1.3m
- Tax, wage and social debts +€233,192
up €233,192 (+178.5%), from €130,646 to €363,838
of which Remuneration and social security: +€219,878
- Other debts -€160,812
down €160,812 (-59.0%), from €272,625 to €111,813
- Staff costs +€1.6m
up €1.6m (+282.7%), from €555,976 to €2.1m
- Gross operating margin +€1.4m
up €1.4m (+169.2%), from €836,185 to €2.3m
- Financial income +€353,421
up €353,421 (+67744.0%), from €522 to €353,942
- Depreciation +€201,768
up €201,768 (+192.1%), from €105,056 to €306,824
- Financial charges +€54,161
up €54,161 (+92.7%), from €58,431 to €112,591
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 | €2,767,010 | €4,204,838 | +€1.4m | +52.0% |
| Fixed assets | 21/28 | €1,765,009 | €2,357,670 | +€592,661 | +33.6% |
| Intangible fixed assets | 21 | €54,918 | €237,672 | +€182,754 | +332.8% |
| Tangible fixed assets | 22/27 | €610,091 | €1,019,998 | +€409,907 | +67.2% |
| Plant, machinery and equipment | 23 | €120,695 | €322,396 | +€201,701 | +167.1% |
| Furniture and vehicles | 24 | €70,321 | €109,638 | +€39,316 | +55.9% |
| Leasing and similar rights | 25 | €419,075 | €587,964 | +€168,890 | +40.3% |
| Financial fixed assets | 28 | €1,100,000 | €1,100,000 | = | 0.0% |
| Current assets | 29/58 | €1,002,001 | €1,847,168 | +€845,167 | +84.3% |
| Stocks and contracts in progress | 3 | €188,391 | €784,058 | +€595,667 | +316.2% |
| Stocks | 30/36 | €188,391 | €482,739 | +€294,348 | +156.2% |
| Contracts in progress | 37 | - | €301,319 | +€301,319 | |
| Amounts receivable within one year | 40/41 | €689,799 | €683,575 | -€6,224 | -0.9% |
| Trade receivables | 40 | €574,274 | €563,417 | -€10,857 | -1.9% |
| Other amounts receivable | 41 | €115,525 | €120,158 | +€4,633 | +4.0% |
| Current investments | 50/53 | €8,307 | €5,579 | -€2,728 | -32.8% |
| Cash at bank and in hand | 54/58 | €58,156 | €298,509 | +€240,353 | +413.3% |
| Deferred charges and accrued income | 490/1 | €57,348 | €75,446 | +€18,098 | +31.6% |
| Total equity and liabilities | 10/49 | €2,767,010 | €4,204,838 | +€1.4m | +52.0% |
| Equity | 10/15 | €253,313 | €262,629 | +€9,317 | +3.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,313 | €162,629 | +€9,317 | +6.1% |
| Provisions and deferred taxes | 16 | €8,307 | €5,579 | -€2,728 | -32.8% |
| Provisions for liabilities and charges | 160/5 | €8,307 | €5,579 | -€2,728 | -32.8% |
| Other liabilities and charges | 164/5 | €8,307 | €5,579 | -€2,728 | -32.8% |
| Amounts payable | 17/49 | €2,505,391 | €3,936,629 | +€1.4m | +57.1% |
| Amounts payable after more than one year | 17 | €972,974 | €1,253,737 | +€280,762 | +28.9% |
| Financial debts | 170/4 | €972,974 | €1,253,737 | +€280,762 | +28.9% |
| Amounts payable within one year | 42/48 | €1,532,416 | €2,682,893 | +€1.2m | +75.1% |
| Current portion of amounts payable after more than one year | 42 | €188,567 | €331,034 | +€142,467 | +75.6% |
| Financial debts | 43 | €235,000 | €850,000 | +€615,000 | +261.7% |
| Credit institutions | 430/8 | €235,000 | €850,000 | +€615,000 | +261.7% |
| Trade debts | 44 | €705,579 | €1,026,208 | +€320,629 | +45.4% |
| Suppliers | 440/4 | €705,579 | €1,026,208 | +€320,629 | +45.4% |
| Taxes, remuneration and social security | 45 | €130,646 | €363,838 | +€233,192 | +178.5% |
| Taxes | 450/3 | €30,657 | €43,971 | +€13,314 | +43.4% |
| Remuneration and social security | 454/9 | €99,988 | €319,866 | +€219,878 | +219.9% |
| Other amounts payable | 47/48 | €272,625 | €111,813 | -€160,812 | -59.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €555,976 | €2,127,763 | +€1.6m | +282.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,056 | €306,824 | +€201,768 | +192.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,781 | €1,866 | -€8,915 | -82.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €8,307 | €3,947 | -€4,360 | -52.5% |
| Other operating charges | 640/8 | €14,875 | €17,706 | +€2,831 | +19.0% |
| Non-recurring operating charges | 66A | - | €1,653 | +€1,653 | |
| Gross operating margin | 9900 | €836,185 | €2,250,843 | +€1.4m | +169.2% |
| Operating profit (loss) | 9901 | €141,190 | -€208,917 | -€350,107 | |
| Financial income | 75/76B | €522 | €353,942 | +€353,421 | +67744.0% |
| Recurring financial income | 75 | €522 | €353,942 | +€353,421 | +67744.0% |
| Financial charges | 65/66B | €58,431 | €112,591 | +€54,161 | +92.7% |
| Recurring financial charges | 65 | €58,431 | €112,591 | +€54,161 | +92.7% |
| Profit (loss) for the period before taxes | 9903 | €83,281 | €32,434 | -€50,847 | -61.1% |
| Income taxes | 67/77 | €25,000 | €23,117 | -€1,883 | -7.5% |
| Profit (loss) for the period | 9904 | €58,281 | €9,317 | -€48,964 | -84.0% |
| Profit (loss) for the period to be appropriated | 9905 | €58,281 | €9,317 | -€48,964 | -84.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.