B & S 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 & S CONSTRUCT
Largest movements
- Stocks and contracts -€1.0m
down €1.0m (-93.9%), from €1.1m to €67,764
- Financial fixed assets +€202,662
up €202,662 (+4053.2%), from €5,000 to €207,662
- Cash +€108,680
up €108,680 (+62.6%), from €173,610 to €282,290
mainly Stocks and contracts (+€1.0m) and Other debts (+€100,000)
- Receivables within one year -€15,707
down €15,707 (-45.0%), from €34,931 to €19,224
of which Other amounts receivable: -€12,093
- Short-term financial debts -€755,000
down €755,000 (-100.0%), from €755,000 to €0
- Other debts +€100,000
new in 2025: €100,000
- Reserves -€42,500
down €42,500 (-7.9%), from €537,260 to €494,760
of which Distributable reserves: -€42,500
- Tax, wage and social debts -€28,241
down €28,241 (-100.0%), from €28,241 to €0
- Profit (loss) carried forward -€18,672
down €18,672, from €2,596 to -€16,077
- Gross operating margin -€143,347
down €143,347, from €94,868 to -€48,479
- Taxes -€27,149
down €27,149 (-100.0%), from €27,149 to €0
- Financial charges -€15,077
down €15,077 (-83.8%), from €17,991 to €2,915
- Financial income -€7,013
down €7,013 (-99.9%), from €7,021 to €7
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 | €1,359,876 | €616,868 | -€743,007 | -54.6% |
| Fixed assets | 21/28 | €5,000 | €207,662 | +€202,662 | +4053.2% |
| Financial fixed assets | 28 | €5,000 | €207,662 | +€202,662 | +4053.2% |
| Current assets | 29/58 | €1,354,876 | €409,206 | -€945,670 | -69.8% |
| Stocks and contracts in progress | 3 | €1,116,908 | €67,764 | -€1.0m | -93.9% |
| Contracts in progress | 37 | €1,116,908 | €67,764 | -€1.0m | -93.9% |
| Amounts receivable within one year | 40/41 | €34,931 | €19,224 | -€15,707 | -45.0% |
| Trade receivables | 40 | €5,518 | €1,904 | -€3,614 | -65.5% |
| Other amounts receivable | 41 | €29,412 | €17,320 | -€12,093 | -41.1% |
| Cash at bank and in hand | 54/58 | €173,610 | €282,290 | +€108,680 | +62.6% |
| Deferred charges and accrued income | 490/1 | €29,427 | €39,928 | +€10,501 | +35.7% |
| Total equity and liabilities | 10/49 | €1,359,876 | €616,868 | -€743,007 | -54.6% |
| Equity | 10/15 | €564,855 | €503,683 | -€61,172 | -10.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €537,260 | €494,760 | -€42,500 | -7.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Own shares acquired | 1312 | €0 | - | = | |
| Distributable reserves | 133 | €537,260 | €494,760 | -€42,500 | -7.9% |
| Profit (loss) carried forward | 14 | €2,596 | -€16,077 | -€18,672 | |
| Amounts payable | 17/49 | €795,020 | €113,185 | -€681,835 | -85.8% |
| Amounts payable within one year | 42/48 | €783,715 | €101,045 | -€682,670 | -87.1% |
| Financial debts | 43 | €755,000 | €0 | -€755,000 | -100.0% |
| Credit institutions | 430/8 | €755,000 | €0 | -€755,000 | -100.0% |
| Trade debts | 44 | €474 | €1,045 | +€571 | +120.4% |
| Suppliers | 440/4 | €474 | €1,045 | +€571 | +120.4% |
| Taxes, remuneration and social security | 45 | €28,241 | €0 | -€28,241 | -100.0% |
| Taxes | 450/3 | €28,241 | €0 | -€28,241 | -100.0% |
| Other amounts payable | 47/48 | - | €100,000 | +€100,000 | |
| Accrued charges and deferred income | 492/3 | €11,305 | €12,140 | +€835 | +7.4% |
| Other operating charges | 640/8 | €496 | €596 | +€100 | +20.1% |
| Non-recurring operating charges | 66A | €2,000 | €9,190 | +€7,190 | +359.5% |
| Gross operating margin | 9900 | €94,868 | -€48,479 | -€143,347 | |
| Operating profit (loss) | 9901 | €92,372 | -€58,265 | -€150,637 | |
| Financial income | 75/76B | €7,021 | €7 | -€7,013 | -99.9% |
| Recurring financial income | 75 | €7,021 | €7 | -€7,013 | -99.9% |
| Financial charges | 65/66B | €17,991 | €2,915 | -€15,077 | -83.8% |
| Recurring financial charges | 65 | €17,991 | €2,915 | -€15,077 | -83.8% |
| Profit (loss) for the period before taxes | 9903 | €81,401 | -€61,172 | -€142,573 | |
| Income taxes | 67/77 | €27,149 | €0 | -€27,149 | -100.0% |
| Profit (loss) for the period | 9904 | €54,252 | -€61,172 | -€115,424 | |
| Profit (loss) for the period to be appropriated | 9905 | €54,252 | -€61,172 | -€115,424 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.