B.I.F. 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.I.F. CONSTRUCT
Largest movements
- Receivables within one year -€19,571
down €19,571 (-53.5%), from €36,555 to €16,984
of which Trade receivables: -€17,459
- Cash +€999
up €999 (+238%), from €420 to €1,419
mainly Receivables within one year (+€19,571) and Trade debts (+€75)
- Profit (loss) carried forward -€11,833
down €11,833 (-53.6%), from €22,056 to €10,223
- Other debts -€6,262
no longer reported in 2025 (was €6,262)
- Tax, wage and social debts -€552
down €552 (-81.2%), from €680 to €128
- Write-downs +€16,305
new in 2025: €16,305
- Gross operating margin +€8,865
up €8,865, from -€3,955 to €4,910
- Financial charges -€2,644
down €2,644 (-89.5%), from €2,954 to €310
- Other operating charges -€2,050
down €2,050 (-94.1%), from €2,178 to €128
- Taxes -€313
no longer reported in 2025 (was €313)
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 | €36,975 | €18,403 | -€18,572 | -50.2% |
| Current assets | 29/58 | €36,975 | €18,403 | -€18,572 | -50.2% |
| Amounts receivable within one year | 40/41 | €36,555 | €16,984 | -€19,571 | -53.5% |
| Trade receivables | 40 | €22,467 | €5,008 | -€17,459 | -77.7% |
| Other amounts receivable | 41 | €14,088 | €11,977 | -€2,111 | -15.0% |
| Cash at bank and in hand | 54/58 | €420 | €1,419 | +€999 | +238% |
| Total equity and liabilities | 10/49 | €36,975 | €18,403 | -€18,572 | -50.2% |
| Equity | 10/15 | €29,884 | €18,051 | -€11,833 | -39.6% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Capital | 10 | - | €7,000 | +€7,000 | |
| Issued capital | 100 | - | €7,000 | +€7,000 | |
| Contributions outside capital | 11 | €7,000 | - | -€7,000 | |
| Other | 1109/19 | €7,000 | - | -€7,000 | |
| Reserves | 13 | €828 | €828 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €828 | €828 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €828 | €828 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €22,056 | €10,223 | -€11,833 | -53.6% |
| Amounts payable | 17/49 | €7,091 | €351 | -€6,740 | -95.0% |
| Amounts payable within one year | 42/48 | €7,091 | €351 | -€6,740 | -95.0% |
| Trade debts | 44 | €149 | €224 | +€75 | +50.1% |
| Suppliers | 440/4 | €149 | €224 | +€75 | +50.1% |
| Taxes, remuneration and social security | 45 | €680 | €128 | -€552 | -81.2% |
| Taxes | 450/3 | €680 | €128 | -€552 | -81.2% |
| Other amounts payable | 47/48 | €6,262 | - | -€6,262 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €16,305 | +€16,305 | |
| Other operating charges | 640/8 | €2,178 | €128 | -€2,050 | -94.1% |
| Gross operating margin | 9900 | -€3,955 | €4,910 | +€8,865 | |
| Operating profit (loss) | 9901 | -€6,133 | -€11,523 | -€5,390 | -87.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,954 | €310 | -€2,644 | -89.5% |
| Recurring financial charges | 65 | €2,954 | €310 | -€2,644 | -89.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,087 | -€11,833 | -€2,746 | -30.2% |
| Income taxes | 67/77 | €313 | - | -€313 | |
| Profit (loss) for the period | 9904 | -€9,400 | -€11,833 | -€2,433 | -25.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,400 | -€11,833 | -€2,433 | -25.9% |
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 27 October 2026 via checked.be.