B&F 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&F CONSTRUCT
Largest movements
- Stocks and contracts +€38,500
up €38,500 (+13.1%), from €295,000 to €333,500
- Tangible fixed assets -€14,893
down €14,893 (-2.9%), from €508,820 to €493,927
of which Land and buildings: -€25,441
- Receivables within one year -€14,211
down €14,211 (-85.9%), from €16,543 to €2,332
of which Trade receivables: -€10,705
- Other debts +€44,546
up €44,546 (+13.9%), from €321,463 to €366,009
- Trade debts -€32,237
down €32,237 (-93.4%), from €34,533 to €2,296
- Debts after one year -€16,771
down €16,771 (-5.3%), from €315,232 to €298,462
- Gross operating margin +€48,275
up €48,275 (+343.8%), from €14,040 to €62,314
- Depreciation +€25,834
new in 2025: €25,834
- Financial charges +€20,367
up €20,367 (+42011.0%), from €48 to €20,415
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 | €824,915 | €832,906 | +€7,992 | +1.0% |
| Fixed assets | 21/28 | €508,820 | €493,927 | -€14,893 | -2.9% |
| Tangible fixed assets | 22/27 | €508,820 | €493,927 | -€14,893 | -2.9% |
| Land and buildings | 22 | €508,820 | €483,379 | -€25,441 | -5.0% |
| Plant, machinery and equipment | 23 | - | €10,548 | +€10,548 | |
| Current assets | 29/58 | €316,095 | €338,980 | +€22,885 | +7.2% |
| Stocks and contracts in progress | 3 | €295,000 | €333,500 | +€38,500 | +13.1% |
| Stocks | 30/36 | €295,000 | €333,500 | +€38,500 | +13.1% |
| Amounts receivable within one year | 40/41 | €16,543 | €2,332 | -€14,211 | -85.9% |
| Trade receivables | 40 | €13,037 | €2,332 | -€10,705 | -82.1% |
| Other amounts receivable | 41 | €3,506 | €0 | -€3,506 | -100.0% |
| Cash at bank and in hand | 54/58 | €4,552 | €1,812 | -€2,740 | -60.2% |
| Deferred charges and accrued income | 490/1 | - | €1,335 | +€1,335 | |
| Total equity and liabilities | 10/49 | €824,915 | €832,906 | +€7,992 | +1.0% |
| Equity | 10/15 | €17,225 | €23,290 | +€6,065 | +35.2% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,725 | €10,790 | +€6,065 | +128.4% |
| Amounts payable | 17/49 | €807,690 | €809,616 | +€1,926 | +0.2% |
| Amounts payable after more than one year | 17 | €315,232 | €298,462 | -€16,771 | -5.3% |
| Financial debts | 170/4 | €315,232 | €298,462 | -€16,771 | -5.3% |
| Amounts payable within one year | 42/48 | €492,339 | €504,011 | +€11,672 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €14,768 | €15,400 | +€632 | +4.3% |
| Financial debts | 43 | €120,000 | €120,000 | = | 0.0% |
| Credit institutions | 430/8 | €120,000 | €120,000 | = | 0.0% |
| Trade debts | 44 | €34,533 | €2,296 | -€32,237 | -93.4% |
| Suppliers | 440/4 | €34,533 | €2,296 | -€32,237 | -93.4% |
| Taxes, remuneration and social security | 45 | €1,575 | €306 | -€1,269 | -80.6% |
| Taxes | 450/3 | €1,575 | €306 | -€1,269 | -80.6% |
| Other amounts payable | 47/48 | €321,463 | €366,009 | +€44,546 | +13.9% |
| Accrued charges and deferred income | 492/3 | €119 | €7,144 | +€7,025 | +5897.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €25,834 | +€25,834 | |
| Other operating charges | 640/8 | €7,692 | €7,977 | +€286 | +3.7% |
| Gross operating margin | 9900 | €14,040 | €62,314 | +€48,275 | +343.8% |
| Operating profit (loss) | 9901 | €6,348 | €28,503 | +€22,155 | +349.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €48 | €20,415 | +€20,367 | +42011.0% |
| Recurring financial charges | 65 | €48 | €20,415 | +€20,367 | +42011.0% |
| Profit (loss) for the period before taxes | 9903 | €6,299 | €8,087 | +€1,788 | +28.4% |
| Income taxes | 67/77 | €1,575 | €2,022 | +€447 | +28.4% |
| Profit (loss) for the period | 9904 | €4,725 | €6,065 | +€1,341 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,725 | €6,065 | +€1,341 | +28.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.