B.T-GYN 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.T-GYN CONSTRUCT
Largest movements
- Receivables within one year +€38,194
up €38,194 (+319.4%), from €11,957 to €50,152
of which Trade receivables: +€25,286
- Cash +€5,983
up €5,983 (+20.0%), from €29,858 to €35,841
mainly Net result for the year (+€43,041) and Other debts (+€42,567)
- Tangible fixed assets +€1,171
up €1,171 (+24.5%), from €4,781 to €5,952
- Other debts +€42,567
new in 2025: €42,567
- Tax, wage and social debts +€23,006
new in 2025: €23,006
of which Taxes: +€13,006
- Trade debts -€16,066
down €16,066 (-86.5%), from €18,569 to €2,503
- Profit (loss) carried forward -€4,159
down €4,159 (-19.3%), from €21,559 to €17,400
- Turnover -€263,048
no longer reported in 2025 (was €263,048)
- Purchases and services -€243,532
no longer reported in 2025 (was €243,532)
- Gross operating margin +€32,272
up €32,272 (+165.4%), from €19,516 to €51,788
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 | €46,597 | €91,945 | +€45,348 | +97.3% |
| Fixed assets | 21/28 | €4,781 | €5,952 | +€1,171 | +24.5% |
| Tangible fixed assets | 22/27 | €4,781 | €5,952 | +€1,171 | +24.5% |
| Furniture and vehicles | 24 | €4,781 | €5,952 | +€1,171 | +24.5% |
| Current assets | 29/58 | €41,815 | €85,993 | +€44,178 | +105.7% |
| Amounts receivable within one year | 40/41 | €11,957 | €50,152 | +€38,194 | +319.4% |
| Trade receivables | 40 | €2,848 | €28,134 | +€25,286 | +888.0% |
| Other amounts receivable | 41 | €9,110 | €22,018 | +€12,908 | +141.7% |
| Cash at bank and in hand | 54/58 | €29,858 | €35,841 | +€5,983 | +20.0% |
| Total equity and liabilities | 10/49 | €46,597 | €91,945 | +€45,348 | +97.3% |
| Equity | 10/15 | €28,028 | €23,868 | -€4,159 | -14.8% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €6,468 | €6,468 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,468 | €6,468 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,468 | €6,468 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,559 | €17,400 | -€4,159 | -19.3% |
| Amounts payable | 17/49 | €18,569 | €68,077 | +€49,508 | +266.6% |
| Amounts payable within one year | 42/48 | €18,569 | €68,077 | +€49,508 | +266.6% |
| Trade debts | 44 | €18,569 | €2,503 | -€16,066 | -86.5% |
| Suppliers | 440/4 | €18,569 | €2,503 | -€16,066 | -86.5% |
| Taxes, remuneration and social security | 45 | - | €23,006 | +€23,006 | |
| Taxes | 450/3 | - | €13,006 | +€13,006 | |
| Remuneration and social security | 454/9 | - | €10,000 | +€10,000 | |
| Other amounts payable | 47/48 | - | €42,567 | +€42,567 | |
| Turnover | 70 | €263,048 | - | -€263,048 | |
| Goods, raw materials, services and sundry goods | 60/61 | €243,532 | - | -€243,532 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,594 | €2,714 | +€1,120 | +70.3% |
| Other operating charges | 640/8 | €1,181 | €3,539 | +€2,358 | +199.6% |
| Non-recurring operating charges | 66A | €2,545 | - | -€2,545 | |
| Gross operating margin | 9900 | €19,516 | €51,788 | +€32,272 | +165.4% |
| Operating profit (loss) | 9901 | €14,196 | €45,535 | +€31,339 | +220.8% |
| Financial income | 75/76B | €123 | €0 | -€122 | -99.8% |
| Recurring financial income | 75 | €123 | €0 | -€122 | -99.8% |
| Financial charges | 65/66B | €249 | €1,823 | +€1,575 | +633.7% |
| Recurring financial charges | 65 | €249 | €1,823 | +€1,575 | +633.7% |
| Profit (loss) for the period before taxes | 9903 | €14,070 | €43,712 | +€29,642 | +210.7% |
| Income taxes | 67/77 | - | €671 | +€671 | |
| Profit (loss) for the period | 9904 | €14,070 | €43,041 | +€28,971 | +205.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,070 | €43,041 | +€28,971 | +205.9% |
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 7 October 2026 via checked.be.