B Construction: what changed
B Construction
Largest movements
- Stocks and contracts -€14,042
down €14,042 (-90.3%), from €15,542 to €1,500
- Receivables within one year -€6,514
down €6,514 (-11.0%), from €59,483 to €52,969
of which Trade receivables: -€6,438
- Cash +€5,746
new in 2025: €5,746
mainly Stocks and contracts (+€14,042) and Net result for the year (+€11,270)
- Tangible fixed assets +€5,211
up €5,211 (+49.1%), from €10,617 to €15,827
of which Furniture and vehicles: +€6,484
- Reserves +€51,976
new in 2025: €51,976
- Profit (loss) carried forward -€40,705
no longer reported in 2025 (was €40,705)
- Other debts -€29,928
no longer reported in 2025 (was €29,928)
- Tax, wage and social debts +€5,722
up €5,722 (+92.5%), from €6,184 to €11,905
of which Remuneration and social security: +€3,125
- Trade debts +€3,001
up €3,001 (+16.5%), from €18,227 to €21,227
- Gross operating margin +€48,149
up €48,149 (+206%), from €23,396 to €71,545
- Staff costs +€28,689
up €28,689 (+202%), from €14,172 to €42,862
- Taxes +€9,713
up €9,713 (+935%), from €1,039 to €10,752
- Depreciation +€834
up €834 (+27.8%), from €3,005 to €3,840
- Financial charges +€798
up €798 (+97.8%), from €816 to €1,613
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,044 | €88,108 | -€9,935 | -10.1% |
| Fixed assets | 21/28 | €11,240 | €16,190 | +€4,950 | +44.0% |
| Intangible fixed assets | 21 | €260 | - | -€260 | |
| Tangible fixed assets | 22/27 | €10,617 | €15,827 | +€5,211 | +49.1% |
| Plant, machinery and equipment | 23 | €3,026 | €1,753 | -€1,273 | -42.1% |
| Furniture and vehicles | 24 | €7,591 | €14,075 | +€6,484 | +85.4% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €86,804 | €71,918 | -€14,886 | -17.1% |
| Amounts receivable after more than one year | 29 | €11,433 | €11,433 | = | 0.0% |
| Other amounts receivable | 291 | €11,433 | €11,433 | = | 0.0% |
| Stocks and contracts in progress | 3 | €15,542 | €1,500 | -€14,042 | -90.3% |
| Stocks | 30/36 | €15,542 | €1,500 | -€14,042 | -90.3% |
| Amounts receivable within one year | 40/41 | €59,483 | €52,969 | -€6,514 | -11.0% |
| Trade receivables | 40 | €55,829 | €49,392 | -€6,438 | -11.5% |
| Other amounts receivable | 41 | €3,654 | €3,578 | -€76 | -2.1% |
| Current investments | 50/53 | - | €270 | +€270 | |
| Cash at bank and in hand | 54/58 | - | €5,746 | +€5,746 | |
| Deferred charges and accrued income | 490/1 | €346 | - | -€346 | |
| Total equity and liabilities | 10/49 | €98,044 | €88,108 | -€9,935 | -10.1% |
| Equity | 10/15 | €43,705 | €54,976 | +€11,270 | +25.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €51,976 | +€51,976 | |
| Distributable reserves | 133 | - | €51,976 | +€51,976 | |
| Profit (loss) carried forward | 14 | €40,705 | - | -€40,705 | |
| Amounts payable | 17/49 | €54,339 | €33,133 | -€21,206 | -39.0% |
| Amounts payable within one year | 42/48 | €54,339 | €33,133 | -€21,206 | -39.0% |
| Trade debts | 44 | €18,227 | €21,227 | +€3,001 | +16.5% |
| Suppliers | 440/4 | €18,227 | €21,227 | +€3,001 | +16.5% |
| Taxes, remuneration and social security | 45 | €6,184 | €11,905 | +€5,722 | +92.5% |
| Taxes | 450/3 | €5,277 | €7,874 | +€2,597 | +49.2% |
| Remuneration and social security | 454/9 | €906 | €4,032 | +€3,125 | +345% |
| Other amounts payable | 47/48 | €29,928 | - | -€29,928 | |
| Remuneration, social security and pensions | 62 | €14,172 | €42,862 | +€28,689 | +202% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,005 | €3,840 | +€834 | +27.8% |
| Other operating charges | 640/8 | €772 | €1,208 | +€435 | +56.3% |
| Gross operating margin | 9900 | €23,396 | €71,545 | +€48,149 | +206% |
| Operating profit (loss) | 9901 | €5,445 | €23,636 | +€18,190 | +334% |
| Financial charges | 65/66B | €816 | €1,613 | +€798 | +97.8% |
| Recurring financial charges | 65 | €816 | €1,613 | +€798 | +97.8% |
| Profit (loss) for the period before taxes | 9903 | €4,629 | €22,022 | +€17,393 | +376% |
| Income taxes | 67/77 | €1,039 | €10,752 | +€9,713 | +935% |
| Profit (loss) for the period | 9904 | €3,591 | €11,270 | +€7,680 | +214% |
| Profit (loss) for the period to be appropriated | 9905 | €3,591 | €11,270 | +€7,680 | +214% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.