B & C Projecten: 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 & C Projecten
Largest movements
- Tangible fixed assets -€79,891
down €79,891 (-15.7%), from €508,458 to €428,567
of which Furniture and vehicles: -€76,056
- Cash -€51,934
down €51,934 (-24.6%), from €211,295 to €159,360
mainly Tax, wage and social debts (-€120,148) and Debts after one year (-€30,120)
- Receivables within one year -€42,884
down €42,884 (-32.3%), from €132,884 to €90,000
of which Other amounts receivable: -€33,252
- Deferred charges and accrued income +€23,101
up €23,101 (+566%), from €4,082 to €27,183
- Tax, wage and social debts -€120,148
down €120,148 (-82.4%), from €145,874 to €25,726
of which Remuneration and social security: -€86,444
- Debts after one year -€30,120
down €30,120 (-16.7%), from €180,409 to €150,289
- Profit (loss) carried forward +€16,800
up €16,800 (+15.5%), from €108,526 to €125,326
- Other debts -€13,254
down €13,254 (-40.8%), from €32,454 to €19,200
- Current portion of long-term debt -€10,178
down €10,178 (-24.7%), from €41,274 to €31,096
- Gross operating margin -€378,674
down €378,674 (-75.5%), from €501,583 to €122,909
- Staff costs -€286,791
down €286,791 (-100.0%), from €286,892 to €102
- Write-downs -€101,637
down €101,637 (-100%), from €101,637 to €0
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 | €856,719 | €705,110 | -€151,608 | -17.7% |
| Fixed assets | 21/28 | €508,458 | €428,567 | -€79,891 | -15.7% |
| Tangible fixed assets | 22/27 | €508,458 | €428,567 | -€79,891 | -15.7% |
| Land and buildings | 22 | €419,546 | €400,621 | -€18,925 | -4.5% |
| Plant, machinery and equipment | 23 | €12,856 | €27,946 | +€15,090 | +117% |
| Furniture and vehicles | 24 | €76,056 | €0 | -€76,056 | -100% |
| Current assets | 29/58 | €348,261 | €276,544 | -€71,717 | -20.6% |
| Amounts receivable within one year | 40/41 | €132,884 | €90,000 | -€42,884 | -32.3% |
| Trade receivables | 40 | €9,632 | €0 | -€9,632 | -100% |
| Other amounts receivable | 41 | €123,252 | €90,000 | -€33,252 | -27.0% |
| Cash at bank and in hand | 54/58 | €211,295 | €159,360 | -€51,934 | -24.6% |
| Deferred charges and accrued income | 490/1 | €4,082 | €27,183 | +€23,101 | +566% |
| Total equity and liabilities | 10/49 | €856,719 | €705,110 | -€151,608 | -17.7% |
| Equity | 10/15 | €456,707 | €473,508 | +€16,800 | +3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €329,582 | €329,582 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €327,722 | €327,722 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,526 | €125,326 | +€16,800 | +15.5% |
| Amounts payable | 17/49 | €400,011 | €231,603 | -€168,408 | -42.1% |
| Amounts payable after more than one year | 17 | €180,409 | €150,289 | -€30,120 | -16.7% |
| Financial debts | 170/4 | €180,409 | €150,289 | -€30,120 | -16.7% |
| Amounts payable within one year | 42/48 | €219,602 | €81,313 | -€138,289 | -63.0% |
| Current portion of amounts payable after more than one year | 42 | €41,274 | €31,096 | -€10,178 | -24.7% |
| Trade debts | 44 | €0 | €5,292 | +€5,292 | |
| Suppliers | 440/4 | €0 | €5,292 | +€5,292 | |
| Taxes, remuneration and social security | 45 | €145,874 | €25,726 | -€120,148 | -82.4% |
| Taxes | 450/3 | €59,430 | €25,726 | -€33,705 | -56.7% |
| Remuneration and social security | 454/9 | €86,444 | €0 | -€86,444 | -100% |
| Other amounts payable | 47/48 | €32,454 | €19,200 | -€13,254 | -40.8% |
| Non-recurring operating income | 76A | €0 | €80,691 | +€80,691 | |
| Remuneration, social security and pensions | 62 | €286,892 | €102 | -€286,791 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,425 | €51,662 | -€4,763 | -8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €101,637 | €0 | -€101,637 | -100% |
| Other operating charges | 640/8 | €3,876 | €1,492 | -€2,384 | -61.5% |
| Non-recurring operating charges | 66A | €0 | €35,871 | +€35,871 | |
| Gross operating margin | 9900 | €501,583 | €122,909 | -€378,674 | -75.5% |
| Operating profit (loss) | 9901 | €52,752 | €33,783 | -€18,969 | -36.0% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €7,809 | €6,996 | -€813 | -10.4% |
| Recurring financial charges | 65 | €7,809 | €6,996 | -€813 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €44,943 | €26,786 | -€18,157 | -40.4% |
| Income taxes | 67/77 | €14,605 | €9,986 | -€4,618 | -31.6% |
| Profit (loss) for the period | 9904 | €30,339 | €16,800 | -€13,538 | -44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,339 | €16,800 | -€13,538 | -44.6% |
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 16 October 2026 via checked.be.