B.L. 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.L. CONSTRUCT
Largest movements
- Cash +€31,783
up €31,783 (+77.1%), from €41,215 to €72,998
mainly Depreciation (+€18,898) and Net result for the year (+€11,556)
- Tangible fixed assets -€17,953
down €17,953 (-31.7%), from €56,626 to €38,672
of which Furniture and vehicles: -€17,605
- Receivables within one year -€2,935
down €2,935 (-59.5%), from €4,930 to €1,995
of which Other amounts receivable: -€2,935
- Profit (loss) carried forward +€11,556
up €11,556 (+16.5%), from €69,964 to €81,520
- Debts after one year -€7,274
down €7,274 (-59.4%), from €12,244 to €4,970
- Tax, wage and social debts +€3,760
up €3,760 (+69.1%), from €5,441 to €9,201
- Trade debts +€2,743
up €2,743 (+207%), from €1,328 to €4,071
- Financial income -€6,066
no longer reported in 2025 (was €6,066)
of which Non-recurring financial income: -€6,052
- Taxes -€1,680
down €1,680 (-30.9%), from €5,441 to €3,760
- Gross operating margin -€1,117
down €1,117 (-3.0%), from €36,749 to €35,632
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 | €106,301 | €117,361 | +€11,060 | +10.4% |
| Fixed assets | 21/28 | €56,676 | €38,722 | -€17,953 | -31.7% |
| Tangible fixed assets | 22/27 | €56,626 | €38,672 | -€17,953 | -31.7% |
| Plant, machinery and equipment | 23 | €1,044 | €696 | -€348 | -33.3% |
| Furniture and vehicles | 24 | €55,582 | €37,976 | -€17,605 | -31.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €49,625 | €78,638 | +€29,013 | +58.5% |
| Amounts receivable within one year | 40/41 | €4,930 | €1,995 | -€2,935 | -59.5% |
| Trade receivables | 40 | €695 | €695 | = | 0.0% |
| Other amounts receivable | 41 | €4,235 | €1,300 | -€2,935 | -69.3% |
| Cash at bank and in hand | 54/58 | €41,215 | €72,998 | +€31,783 | +77.1% |
| Deferred charges and accrued income | 490/1 | €3,480 | €3,645 | +€165 | +4.8% |
| Total equity and liabilities | 10/49 | €106,301 | €117,361 | +€11,060 | +10.4% |
| Equity | 10/15 | €78,024 | €89,580 | +€11,556 | +14.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,964 | €81,520 | +€11,556 | +16.5% |
| Amounts payable | 17/49 | €28,277 | €27,781 | -€496 | -1.8% |
| Amounts payable after more than one year | 17 | €12,244 | €4,970 | -€7,274 | -59.4% |
| Financial debts | 170/4 | €12,244 | €4,970 | -€7,274 | -59.4% |
| Amounts payable within one year | 42/48 | €16,033 | €22,810 | +€6,778 | +42.3% |
| Current portion of amounts payable after more than one year | 42 | €7,063 | €7,274 | +€211 | +3.0% |
| Trade debts | 44 | €1,328 | €4,071 | +€2,743 | +207% |
| Suppliers | 440/4 | €1,328 | €4,071 | +€2,743 | +207% |
| Taxes, remuneration and social security | 45 | €5,441 | €9,201 | +€3,760 | +69.1% |
| Taxes | 450/3 | €5,441 | €9,201 | +€3,760 | +69.1% |
| Other amounts payable | 47/48 | €2,201 | €2,264 | +€63 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,597 | €18,898 | +€301 | +1.6% |
| Other operating charges | 640/8 | €854 | €880 | +€26 | +3.0% |
| Gross operating margin | 9900 | €36,749 | €35,632 | -€1,117 | -3.0% |
| Operating profit (loss) | 9901 | €17,297 | €15,853 | -€1,444 | -8.3% |
| Financial income | 75/76B | €6,066 | - | -€6,066 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Non-recurring financial income | 76B | €6,052 | - | -€6,052 | |
| Financial charges | 65/66B | €722 | €537 | -€186 | -25.7% |
| Recurring financial charges | 65 | €722 | €537 | -€186 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €22,642 | €15,317 | -€7,325 | -32.4% |
| Income taxes | 67/77 | €5,441 | €3,760 | -€1,680 | -30.9% |
| Profit (loss) for the period | 9904 | €17,201 | €11,556 | -€5,645 | -32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,201 | €11,556 | -€5,645 | -32.8% |
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 13 October 2026 via checked.be.