B-Bouw: 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.
B-Bouw
Largest movements
- Tangible fixed assets +€84,370
up €84,370 (+186%), from €45,353 to €129,722
of which Leasing and similar rights: +€99,957
- Cash -€20,078
down €20,078 (-58.8%), from €34,121 to €14,043
mainly Investment in fixed assets (net) (-€110,770) and Receivables within one year (-€12,620)
- Receivables within one year +€12,620
up €12,620 (+30.4%), from €41,459 to €54,079
of which Trade receivables: +€8,381
- Debts after one year +€62,664
up €62,664 (+580%), from €10,803 to €73,467
- Current portion of long-term debt +€17,683
up €17,683 (+152%), from €11,600 to €29,283
- Other debts -€11,698
down €11,698 (-80.5%), from €14,524 to €2,826
- Trade debts +€8,055
up €8,055 (+52.0%), from €15,493 to €23,548
- Staff costs +€33,715
up €33,715 (+447%), from €7,535 to €41,251
- Taxes -€9,162
down €9,162 (-83.4%), from €10,986 to €1,824
- Gross operating margin +€7,834
up €7,834 (+11.2%), from €70,108 to €77,942
- Depreciation +€5,716
up €5,716 (+27.6%), from €20,684 to €26,400
- Other operating charges +€2,743
up €2,743 (+349%), from €786 to €3,529
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 | €120,933 | €199,134 | +€78,202 | +64.7% |
| Fixed assets | 21/28 | €45,353 | €129,722 | +€84,370 | +186% |
| Tangible fixed assets | 22/27 | €45,353 | €129,722 | +€84,370 | +186% |
| Plant, machinery and equipment | 23 | €2,852 | €1,254 | -€1,598 | -56.0% |
| Furniture and vehicles | 24 | €18,875 | €5,532 | -€13,343 | -70.7% |
| Leasing and similar rights | 25 | €18,750 | €118,707 | +€99,957 | +533% |
| Other tangible fixed assets | 26 | €4,876 | €4,229 | -€647 | -13.3% |
| Current assets | 29/58 | €75,580 | €69,412 | -€6,168 | -8.2% |
| Amounts receivable within one year | 40/41 | €41,459 | €54,079 | +€12,620 | +30.4% |
| Trade receivables | 40 | €32,509 | €40,891 | +€8,381 | +25.8% |
| Other amounts receivable | 41 | €8,950 | €13,189 | +€4,239 | +47.4% |
| Cash at bank and in hand | 54/58 | €34,121 | €14,043 | -€20,078 | -58.8% |
| Deferred charges and accrued income | 490/1 | - | €1,291 | +€1,291 | |
| Total equity and liabilities | 10/49 | €120,933 | €199,134 | +€78,202 | +64.7% |
| Equity | 10/15 | €68,513 | €68,538 | +€25 | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,513 | €66,538 | +€25 | 0.0% |
| Amounts payable | 17/49 | €52,420 | €130,597 | +€78,177 | +149% |
| Amounts payable after more than one year | 17 | €10,803 | €73,467 | +€62,664 | +580% |
| Financial debts | 170/4 | €10,803 | €73,467 | +€62,664 | +580% |
| Amounts payable within one year | 42/48 | €41,617 | €57,130 | +€15,513 | +37.3% |
| Current portion of amounts payable after more than one year | 42 | €11,600 | €29,283 | +€17,683 | +152% |
| Trade debts | 44 | €15,493 | €23,548 | +€8,055 | +52.0% |
| Suppliers | 440/4 | €15,493 | €23,548 | +€8,055 | +52.0% |
| Taxes, remuneration and social security | 45 | - | €1,473 | +€1,473 | |
| Taxes | 450/3 | - | €1,473 | +€1,473 | |
| Other amounts payable | 47/48 | €14,524 | €2,826 | -€11,698 | -80.5% |
| Remuneration, social security and pensions | 62 | €7,535 | €41,251 | +€33,715 | +447% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,684 | €26,400 | +€5,716 | +27.6% |
| Other operating charges | 640/8 | €786 | €3,529 | +€2,743 | +349% |
| Gross operating margin | 9900 | €70,108 | €77,942 | +€7,834 | +11.2% |
| Operating profit (loss) | 9901 | €41,102 | €6,762 | -€34,341 | -83.5% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €2,869 | €4,913 | +€2,044 | +71.3% |
| Recurring financial charges | 65 | €2,869 | €4,913 | +€2,044 | +71.3% |
| Profit (loss) for the period before taxes | 9903 | €38,241 | €1,849 | -€36,392 | -95.2% |
| Income taxes | 67/77 | €10,986 | €1,824 | -€9,162 | -83.4% |
| Profit (loss) for the period | 9904 | €27,255 | €25 | -€27,230 | -99.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,255 | €25 | -€27,230 | -99.9% |
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 15 October 2026 via checked.be.