ALGEMENE BOOMWERKEN: 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.
ALGEMENE BOOMWERKEN
Largest movements
- Tangible fixed assets +€79,450
up €79,450 (+67.0%), from €118,608 to €198,058
of which Plant, machinery and equipment: +€79,980
- Receivables within one year +€65,990
up €65,990 (+126%), from €52,172 to €118,162
of which Trade receivables: +€73,074
- Trade debts +€53,454
up €53,454 (+138%), from €38,808 to €92,262
- Debts after one year +€46,425
up €46,425 (+49.3%), from €94,080 to €140,506
- Other debts +€36,030
up €36,030 (+286%), from €12,618 to €48,648
- Current portion of long-term debt +€12,481
up €12,481 (+37.9%), from €32,971 to €45,452
- Tax, wage and social debts +€4,735
up €4,735 (+103%), from €4,591 to €9,326
of which Taxes: +€4,712
- Gross operating margin +€28,262
up €28,262 (+32.3%), from €87,488 to €115,749
- Other operating charges -€23,623
down €23,623 (-97.0%), from €24,354 to €731
- Depreciation +€17,901
up €17,901 (+69.0%), from €25,950 to €43,852
- Taxes +€8,824
up €8,824 (+91.9%), from €9,602 to €18,426
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 | €290,840 | €439,100 | +€148,260 | +51.0% |
| Fixed assets | 21/28 | €118,608 | €198,058 | +€79,450 | +67.0% |
| Tangible fixed assets | 22/27 | €118,608 | €198,058 | +€79,450 | +67.0% |
| Plant, machinery and equipment | 23 | €5,394 | €85,374 | +€79,980 | +1,483% |
| Furniture and vehicles | 24 | €21,713 | €45,180 | +€23,467 | +108% |
| Leasing and similar rights | 25 | €91,501 | €67,504 | -€23,997 | -26.2% |
| Current assets | 29/58 | €172,232 | €241,042 | +€68,809 | +40.0% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €52,172 | €118,162 | +€65,990 | +126% |
| Trade receivables | 40 | €35,447 | €108,521 | +€73,074 | +206% |
| Other amounts receivable | 41 | €16,724 | €9,641 | -€7,083 | -42.4% |
| Cash at bank and in hand | 54/58 | €66,027 | €68,473 | +€2,446 | +3.7% |
| Deferred charges and accrued income | 490/1 | €4,034 | €4,406 | +€373 | +9.2% |
| Total equity and liabilities | 10/49 | €290,840 | €439,100 | +€148,260 | +51.0% |
| Equity | 10/15 | €106,575 | €102,444 | -€4,131 | -3.9% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €75,130 | €72,254 | -€2,876 | -3.8% |
| Tax-exempt reserves | 132 | €3,200 | €1,600 | -€1,600 | -50.0% |
| Distributable reserves | 133 | €71,930 | €70,654 | -€1,276 | -1.8% |
| Profit (loss) carried forward | 14 | €18,945 | €17,690 | -€1,255 | -6.6% |
| Provisions and deferred taxes | 16 | €800 | €400 | -€400 | -50.0% |
| Deferred taxes | 168 | €800 | €400 | -€400 | -50.0% |
| Amounts payable | 17/49 | €183,465 | €336,256 | +€152,791 | +83.3% |
| Amounts payable after more than one year | 17 | €94,080 | €140,506 | +€46,425 | +49.3% |
| Financial debts | 170/4 | €94,080 | €140,506 | +€46,425 | +49.3% |
| Amounts payable within one year | 42/48 | €88,989 | €195,688 | +€106,699 | +120% |
| Current portion of amounts payable after more than one year | 42 | €32,971 | €45,452 | +€12,481 | +37.9% |
| Trade debts | 44 | €38,808 | €92,262 | +€53,454 | +138% |
| Suppliers | 440/4 | €38,808 | €92,262 | +€53,454 | +138% |
| Taxes, remuneration and social security | 45 | €4,591 | €9,326 | +€4,735 | +103% |
| Taxes | 450/3 | €2,032 | €6,744 | +€4,712 | +232% |
| Remuneration and social security | 454/9 | €2,559 | €2,582 | +€23 | +0.9% |
| Other amounts payable | 47/48 | €12,618 | €48,648 | +€36,030 | +286% |
| Accrued charges and deferred income | 492/3 | €396 | €62 | -€334 | -84.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,950 | €43,852 | +€17,901 | +69.0% |
| Other operating charges | 640/8 | €24,354 | €731 | -€23,623 | -97.0% |
| Non-recurring operating charges | 66A | €411 | - | -€411 | |
| Gross operating margin | 9900 | €87,488 | €115,749 | +€28,262 | +32.3% |
| Operating profit (loss) | 9901 | €36,773 | €71,167 | +€34,394 | +93.5% |
| Financial income | 75/76B | €1,399 | €1,499 | +€100 | +7.1% |
| Recurring financial income | 75 | €1,399 | €1,499 | +€100 | +7.1% |
| Financial charges | 65/66B | €10,251 | €11,116 | +€866 | +8.4% |
| Recurring financial charges | 65 | €10,251 | €11,116 | +€866 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €27,922 | €61,550 | +€33,628 | +120% |
| Transfer from deferred taxes | 780 | €400 | €400 | = | 0.0% |
| Income taxes | 67/77 | €9,602 | €18,426 | +€8,824 | +91.9% |
| Profit (loss) for the period | 9904 | €18,720 | €43,524 | +€24,804 | +133% |
| Transfer from tax-exempt reserves | 789 | €1,600 | €1,600 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,320 | €45,124 | +€24,804 | +122% |
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.