B&Construct: what changed
Two fiscal 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 -€11,284
down €11,284 (-89.5%), from €12,603 to €1,320
mainly Receivables within one year (-€6,196) and Tax, wage and social debts (-€4,373)
- Receivables within one year +€6,196
up €6,196 (+7.3%), from €85,106 to €91,302
- Tangible fixed assets -€1,000
down €1,000 (-47.3%), from €2,113 to €1,113
- Tax, wage and social debts -€4,373
down €4,373 (-30.8%), from €14,190 to €9,817
- Reserves -€1,441
down €1,441 (-2.1%), from €68,398 to €66,957
of which Distributable reserves: -€1,441
- Gross operating margin -€31,417
down €31,417, from €27,001 to -€4,416
- Taxes -€9,735
down €9,735 (-100.0%), from €9,735 to €0
- Other operating charges -€839
down €839 (-56.3%), from €1,489 to €650
- Depreciation -€309
down €309 (-23.6%), from €1,309 to €1,000
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.
Cash bridge derived
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 | €99,884 | €93,796 | -€6,087 | -6.1% |
| Fixed assets | 21/28 | €2,174 | €1,174 | -€1,000 | -46.0% |
| Tangible fixed assets | 22/27 | €2,113 | €1,113 | -€1,000 | -47.3% |
| Furniture and vehicles | 24 | €2,113 | €1,113 | -€1,000 | -47.3% |
| Financial fixed assets | 28 | €61 | €61 | = | 0.0% |
| Current assets | 29/58 | €97,709 | €92,622 | -€5,088 | -5.2% |
| Amounts receivable within one year | 40/41 | €85,106 | €91,302 | +€6,196 | +7.3% |
| Other amounts receivable | 41 | €85,106 | €91,302 | +€6,196 | +7.3% |
| Cash at bank and in hand | 54/58 | €12,603 | €1,320 | -€11,284 | -89.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €99,884 | €93,796 | -€6,087 | -6.1% |
| Equity | 10/15 | €80,798 | €79,357 | -€1,441 | -1.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €68,398 | €66,957 | -€1,441 | -2.1% |
| 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 | €66,538 | €65,097 | -€1,441 | -2.2% |
| Amounts payable | 17/49 | €19,086 | €14,439 | -€4,646 | -24.3% |
| Amounts payable within one year | 42/48 | €18,348 | €13,700 | -€4,648 | -25.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €4,158 | €3,883 | -€275 | -6.6% |
| Suppliers | 440/4 | €4,158 | €3,883 | -€275 | -6.6% |
| Taxes, remuneration and social security | 45 | €14,190 | €9,817 | -€4,373 | -30.8% |
| Taxes | 450/3 | €14,190 | €9,817 | -€4,373 | -30.8% |
| Accrued charges and deferred income | 492/3 | €738 | €739 | +€2 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,309 | €1,000 | -€309 | -23.6% |
| Other operating charges | 640/8 | €1,489 | €650 | -€839 | -56.3% |
| Gross operating margin | 9900 | €27,001 | -€4,416 | -€31,417 | |
| Operating profit (loss) | 9901 | €24,204 | -€6,066 | -€30,270 | |
| Financial income | 75/76B | €4,811 | €4,707 | -€104 | -2.2% |
| Recurring financial income | 75 | €4,811 | €4,707 | -€104 | -2.2% |
| Financial charges | 65/66B | €284 | €82 | -€202 | -71.2% |
| Recurring financial charges | 65 | €284 | €82 | -€202 | -71.2% |
| Profit (loss) for the period before taxes | 9903 | €28,730 | -€1,441 | -€30,171 | |
| Income taxes | 67/77 | €9,735 | €0 | -€9,735 | -100.0% |
| Profit (loss) for the period | 9904 | €18,996 | -€1,441 | -€20,436 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,996 | -€1,441 | -€20,436 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.