B.S.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.S.B. -CONSTRUCT
Largest movements
- Cash +€14,083
up €14,083 (+24.8%), from €56,822 to €70,905
mainly Depreciation (+€13,697) and Net result for the year (+€11,127)
- Tangible fixed assets -€13,697
down €13,697 (-38.1%), from €35,916 to €22,219
of which Plant, machinery and equipment: -€11,214
- Receivables within one year -€5,182
down €5,182 (-2.4%), from €217,714 to €212,532
of which Trade receivables: -€3,886
- Stocks and contracts +€3,615
up €3,615 (+13.0%), from €27,781 to €31,396
of which Contracts in progress: +€31,396
- Reserves +€11,127
up €11,127 (+4.3%), from €255,863 to €266,990
- Debts after one year -€8,031
down €8,031 (-79.8%), from €10,060 to €2,029
- Trade debts -€4,617
down €4,617 (-8.5%), from €54,226 to €49,609
- Gross operating margin -€24,721
down €24,721 (-39.4%), from €62,691 to €37,970
- Taxes -€9,405
down €9,405 (-56.9%), from €16,522 to €7,117
- Financial charges +€3,186
up €3,186 (+165.2%), from €1,928 to €5,115
- Depreciation +€1,393
up €1,393 (+11.3%), from €12,304 to €13,697
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 | €340,534 | €339,737 | -€797 | -0.2% |
| Fixed assets | 21/28 | €35,966 | €22,269 | -€13,697 | -38.1% |
| Tangible fixed assets | 22/27 | €35,916 | €22,219 | -€13,697 | -38.1% |
| Plant, machinery and equipment | 23 | €30,926 | €19,713 | -€11,214 | -36.3% |
| Furniture and vehicles | 24 | €4,989 | €2,506 | -€2,484 | -49.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €304,568 | €317,468 | +€12,900 | +4.2% |
| Stocks and contracts in progress | 3 | €27,781 | €31,396 | +€3,615 | +13.0% |
| Stocks | 30/36 | €27,781 | - | -€27,781 | |
| Contracts in progress | 37 | - | €31,396 | +€31,396 | |
| Amounts receivable within one year | 40/41 | €217,714 | €212,532 | -€5,182 | -2.4% |
| Trade receivables | 40 | €4,180 | €294 | -€3,886 | -93.0% |
| Other amounts receivable | 41 | €213,534 | €212,238 | -€1,296 | -0.6% |
| Cash at bank and in hand | 54/58 | €56,822 | €70,905 | +€14,083 | +24.8% |
| Deferred charges and accrued income | 490/1 | €2,251 | €2,635 | +€383 | +17.0% |
| Total equity and liabilities | 10/49 | €340,534 | €339,737 | -€797 | -0.2% |
| Equity | 10/15 | €265,163 | €276,290 | +€11,127 | +4.2% |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Reserves | 13 | €255,863 | €266,990 | +€11,127 | +4.3% |
| Distributable reserves | 133 | €255,863 | €266,990 | +€11,127 | +4.3% |
| Amounts payable | 17/49 | €75,371 | €63,447 | -€11,924 | -15.8% |
| Amounts payable after more than one year | 17 | €10,060 | €2,029 | -€8,031 | -79.8% |
| Financial debts | 170/4 | €10,060 | €2,029 | -€8,031 | -79.8% |
| Amounts payable within one year | 42/48 | €65,284 | €61,418 | -€3,866 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €7,897 | €8,031 | +€134 | +1.7% |
| Trade debts | 44 | €54,226 | €49,609 | -€4,617 | -8.5% |
| Suppliers | 440/4 | €54,226 | €49,609 | -€4,617 | -8.5% |
| Taxes, remuneration and social security | 45 | €2,798 | €3,415 | +€617 | +22.0% |
| Taxes | 450/3 | €2,722 | €3,339 | +€617 | +22.7% |
| Remuneration and social security | 454/9 | €76 | €76 | = | 0.0% |
| Other amounts payable | 47/48 | €363 | €363 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €27 | - | -€27 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,304 | €13,697 | +€1,393 | +11.3% |
| Other operating charges | 640/8 | €786 | €1,046 | +€260 | +33.0% |
| Non-recurring operating charges | 66A | €333 | - | -€333 | |
| Gross operating margin | 9900 | €62,691 | €37,970 | -€24,721 | -39.4% |
| Operating profit (loss) | 9901 | €49,268 | €23,227 | -€26,041 | -52.9% |
| Financial income | 75/76B | €336 | €131 | -€205 | -61.0% |
| Recurring financial income | 75 | €336 | €131 | -€205 | -61.0% |
| Financial charges | 65/66B | €1,928 | €5,115 | +€3,186 | +165.2% |
| Recurring financial charges | 65 | €1,928 | €5,115 | +€3,186 | +165.2% |
| Profit (loss) for the period before taxes | 9903 | €47,676 | €18,244 | -€29,432 | -61.7% |
| Income taxes | 67/77 | €16,522 | €7,117 | -€9,405 | -56.9% |
| Profit (loss) for the period | 9904 | €31,154 | €11,127 | -€20,027 | -64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,154 | €11,127 | -€20,027 | -64.3% |
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 4 October 2026 via checked.be.