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
- Cash +€19,909
up €19,909 (+62.7%), from €31,737 to €51,645
mainly Net result for the year (+€11,857) and Investment in fixed assets (net) (+€9,273)
- Tangible fixed assets -€10,166
down €10,166 (-57.5%), from €17,690 to €7,524
of which Furniture and vehicles: -€12,452
- Receivables within one year +€9,157
up €9,157 (+111%), from €8,237 to €17,394
of which Other amounts receivable: +€6,807
- Deferred charges and accrued income +€1,534
new in 2025: €1,534
- Profit (loss) carried forward +€11,857
up €11,857 (+31.8%), from €37,338 to €49,195
- Trade debts +€7,092
up €7,092 (+928%), from €764 to €7,856
- Tax, wage and social debts +€1,484
up €1,484 (+10.2%), from €14,561 to €16,046
of which Taxes: +€1,484
- Purchases and services +€53,701
up €53,701 (+38.8%), from €138,489 to €192,190
- Gross operating margin -€28,916
down €28,916 (-52.6%), from €54,937 to €26,021
- Turnover +€24,881
up €24,881 (+12.9%), from €193,330 to €218,211
- Taxes -€9,401
down €9,401 (-75.0%), from €12,529 to €3,128
- Other operating charges +€9,208
up €9,208 (+845%), from €1,090 to €10,298
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 | €57,664 | €78,097 | +€20,433 | +35.4% |
| Fixed assets | 21/28 | €17,690 | €7,524 | -€10,166 | -57.5% |
| Tangible fixed assets | 22/27 | €17,690 | €7,524 | -€10,166 | -57.5% |
| Plant, machinery and equipment | 23 | €2,615 | €4,901 | +€2,286 | +87.4% |
| Furniture and vehicles | 24 | €15,075 | €2,622 | -€12,452 | -82.6% |
| Current assets | 29/58 | €39,974 | €70,573 | +€30,599 | +76.5% |
| Amounts receivable within one year | 40/41 | €8,237 | €17,394 | +€9,157 | +111% |
| Trade receivables | 40 | €0 | €2,350 | +€2,350 | |
| Other amounts receivable | 41 | €8,237 | €15,044 | +€6,807 | +82.6% |
| Cash at bank and in hand | 54/58 | €31,737 | €51,645 | +€19,909 | +62.7% |
| Deferred charges and accrued income | 490/1 | - | €1,534 | +€1,534 | |
| Total equity and liabilities | 10/49 | €57,664 | €78,097 | +€20,433 | +35.4% |
| Equity | 10/15 | €42,338 | €54,195 | +€11,857 | +28.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,338 | €49,195 | +€11,857 | +31.8% |
| Amounts payable | 17/49 | €15,325 | €23,902 | +€8,576 | +56.0% |
| Amounts payable within one year | 42/48 | €15,325 | €23,902 | +€8,576 | +56.0% |
| Trade debts | 44 | €764 | €7,856 | +€7,092 | +928% |
| Suppliers | 440/4 | €764 | €7,856 | +€7,092 | +928% |
| Taxes, remuneration and social security | 45 | €14,561 | €16,046 | +€1,484 | +10.2% |
| Taxes | 450/3 | €14,561 | €16,046 | +€1,484 | +10.2% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | - | €0 | = | |
| Turnover | 70 | €193,330 | €218,211 | +€24,881 | +12.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €138,489 | €192,190 | +€53,701 | +38.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,202 | €894 | -€2,309 | -72.1% |
| Other operating charges | 640/8 | €1,090 | €10,298 | +€9,208 | +845% |
| Gross operating margin | 9900 | €54,937 | €26,021 | -€28,916 | -52.6% |
| Operating profit (loss) | 9901 | €50,645 | €14,830 | -€35,816 | -70.7% |
| Financial income | 75/76B | €0 | €375 | +€375 | +3,752,400% |
| Recurring financial income | 75 | €0 | €375 | +€375 | +3,752,400% |
| Financial charges | 65/66B | €778 | €220 | -€558 | -71.7% |
| Recurring financial charges | 65 | €778 | €220 | -€558 | -71.7% |
| Profit (loss) for the period before taxes | 9903 | €49,868 | €14,985 | -€34,883 | -70.0% |
| Income taxes | 67/77 | €12,529 | €3,128 | -€9,401 | -75.0% |
| Profit (loss) for the period | 9904 | €37,338 | €11,857 | -€25,482 | -68.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,338 | €11,857 | -€25,482 | -68.2% |
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.