B CONSTRUCT: 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 CONSTRUCT
Largest movements
- Cash +€155,255
up €155,255 (+2,284%), from €6,796 to €162,051
mainly Trade debts (+€136,409) and Receivables within one year (+€16,936)
- Receivables within one year -€16,936
down €16,936 (-47.1%), from €35,960 to €19,024
of which Trade receivables: -€24,840
- Trade debts +€136,409
up €136,409 (+1,847%), from €7,384 to €143,792
of which Bills of exchange payable: +€136,546
- Profit (loss) carried forward +€4,340
up €4,340 (+16.6%), from €26,119 to €30,458
- Tax, wage and social debts -€2,829
down €2,829 (-56.0%), from €5,054 to €2,225
of which Remuneration and social security: -€4,277
- Turnover +€346,842
up €346,842 (+444%), from €78,079 to €424,921
- Purchases and services +€340,202
up €340,202 (+472%), from €72,097 to €412,299
- Gross operating margin +€6,639
up €6,639 (+111%), from €5,983 to €12,622
- Financial charges +€5,056
up €5,056 (+417%), from €1,213 to €6,270
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 | €43,556 | €181,475 | +€137,919 | +317% |
| Fixed assets | 21/28 | €800 | €400 | -€400 | -50.0% |
| Tangible fixed assets | 22/27 | €800 | €400 | -€400 | -50.0% |
| Plant, machinery and equipment | 23 | €800 | €400 | -€400 | -50.0% |
| Current assets | 29/58 | €42,756 | €181,075 | +€138,319 | +324% |
| Amounts receivable within one year | 40/41 | €35,960 | €19,024 | -€16,936 | -47.1% |
| Trade receivables | 40 | €33,212 | €8,373 | -€24,840 | -74.8% |
| Other amounts receivable | 41 | €2,747 | €10,651 | +€7,904 | +288% |
| Cash at bank and in hand | 54/58 | €6,796 | €162,051 | +€155,255 | +2,284% |
| Total equity and liabilities | 10/49 | €43,556 | €181,475 | +€137,919 | +317% |
| Equity | 10/15 | €31,119 | €35,458 | +€4,340 | +13.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,119 | €30,458 | +€4,340 | +16.6% |
| Amounts payable | 17/49 | €12,437 | €146,017 | +€133,580 | +1,074% |
| Amounts payable within one year | 42/48 | €12,437 | €146,017 | +€133,580 | +1,074% |
| Trade debts | 44 | €7,384 | €143,792 | +€136,409 | +1,847% |
| Suppliers | 440/4 | €3,138 | €3,000 | -€137 | -4.4% |
| Bills of exchange payable | 441 | €4,246 | €140,792 | +€136,546 | +3,216% |
| Taxes, remuneration and social security | 45 | €5,054 | €2,225 | -€2,829 | -56.0% |
| Taxes | 450/3 | €777 | €2,225 | +€1,448 | +186% |
| Remuneration and social security | 454/9 | €4,277 | - | -€4,277 | |
| Turnover | 70 | €78,079 | €424,921 | +€346,842 | +444% |
| Goods, raw materials, services and sundry goods | 60/61 | €72,097 | €412,299 | +€340,202 | +472% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400 | €400 | = | 0.0% |
| Other operating charges | 640/8 | €806 | €387 | -€419 | -51.9% |
| Gross operating margin | 9900 | €5,983 | €12,622 | +€6,639 | +111% |
| Operating profit (loss) | 9901 | €4,777 | €11,835 | +€7,058 | +148% |
| Financial charges | 65/66B | €1,213 | €6,270 | +€5,056 | +417% |
| Recurring financial charges | 65 | €1,213 | €6,270 | +€5,056 | +417% |
| Profit (loss) for the period before taxes | 9903 | €3,563 | €5,565 | +€2,002 | +56.2% |
| Income taxes | 67/77 | €777 | €1,225 | +€449 | +57.7% |
| Profit (loss) for the period | 9904 | €2,786 | €4,340 | +€1,553 | +55.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,786 | €4,340 | +€1,553 | +55.7% |
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 28 October 2026 via checked.be.