B & V BUILDING: 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 & V BUILDING
Largest movements
- Cash +€250,487
up €250,487 (+81.8%), from €306,090 to €556,577
mainly Current portion of long-term debt (+€868,268) and Stocks and contracts (+€55,348)
- Receivables within one year +€137,686
up €137,686 (+1,201%), from €11,464 to €149,149
- Stocks and contracts -€55,348
down €55,348 (-4.7%), from €1.2m to €1.1m
- Current portion of long-term debt +€868,268
up €868,268 (+225%), from €385,909 to €1.3m
- Reserves -€457,403
down €457,403 (-48.5%), from €942,144 to €484,740
of which Distributable reserves: -€458,653
- Trade debts -€56,705
down €56,705 (-84.4%), from €67,173 to €10,468
- Tax, wage and social debts -€23,997
down €23,997 (-26.8%), from €89,657 to €65,660
- Financial income -€62,309
down €62,309 (-72.9%), from €85,462 to €23,154
of which Non-recurring financial income: -€64,926
- Taxes -€22,287
down €22,287 (-82.4%), from €27,050 to €4,763
- Financial charges +€13,811
up €13,811 (+90.0%), from €15,350 to €29,161
- Gross operating margin -€7,971
down €7,971 (-65.9%), from €12,101 to €4,130
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 | €1,509,882 | €1,836,095 | +€326,213 | +21.6% |
| Fixed assets | 21/28 | €9,609 | €2,997 | -€6,612 | -68.8% |
| Tangible fixed assets | 22/27 | €9,134 | €2,522 | -€6,612 | -72.4% |
| Plant, machinery and equipment | 23 | €1,800 | €688 | -€1,112 | -61.8% |
| Furniture and vehicles | 24 | €7,333 | €1,833 | -€5,500 | -75.0% |
| Financial fixed assets | 28 | €475 | €475 | = | 0.0% |
| Current assets | 29/58 | €1,500,274 | €1,833,098 | +€332,825 | +22.2% |
| Stocks and contracts in progress | 3 | €1,182,721 | €1,127,372 | -€55,348 | -4.7% |
| Stocks | 30/36 | €1,182,721 | €1,127,372 | -€55,348 | -4.7% |
| Amounts receivable within one year | 40/41 | €11,464 | €149,149 | +€137,686 | +1,201% |
| Other amounts receivable | 41 | €11,464 | €149,149 | +€137,686 | +1,201% |
| Cash at bank and in hand | 54/58 | €306,090 | €556,577 | +€250,487 | +81.8% |
| Total equity and liabilities | 10/49 | €1,509,882 | €1,836,095 | +€326,213 | +21.6% |
| Equity | 10/15 | €967,144 | €505,790 | -€461,354 | -47.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €942,144 | €484,740 | -€457,403 | -48.5% |
| Non-distributable reserves | 130/1 | - | €1,250 | +€1,250 | |
| Reserves not available under the articles | 1311 | - | €1,250 | +€1,250 | |
| Distributable reserves | 133 | €942,144 | €483,490 | -€458,653 | -48.7% |
| Profit (loss) carried forward | 14 | - | -€3,951 | -€3,951 | |
| Amounts payable | 17/49 | €542,739 | €1,330,305 | +€787,567 | +145% |
| Amounts payable within one year | 42/48 | €542,739 | €1,330,305 | +€787,567 | +145% |
| Current portion of amounts payable after more than one year | 42 | €385,909 | €1,254,177 | +€868,268 | +225% |
| Trade debts | 44 | €67,173 | €10,468 | -€56,705 | -84.4% |
| Suppliers | 440/4 | €67,173 | €10,468 | -€56,705 | -84.4% |
| Taxes, remuneration and social security | 45 | €89,657 | €65,660 | -€23,997 | -26.8% |
| Taxes | 450/3 | €89,657 | €65,660 | -€23,997 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,612 | €6,612 | = | 0.0% |
| Other operating charges | 640/8 | €1,220 | €1,128 | -€92 | -7.5% |
| Gross operating margin | 9900 | €12,101 | €4,130 | -€7,971 | -65.9% |
| Operating profit (loss) | 9901 | €4,270 | -€3,610 | -€7,879 | |
| Financial income | 75/76B | €85,462 | €23,154 | -€62,309 | -72.9% |
| Recurring financial income | 75 | €8,498 | €11,114 | +€2,617 | +30.8% |
| Non-recurring financial income | 76B | €76,965 | €12,039 | -€64,926 | -84.4% |
| Financial charges | 65/66B | €15,350 | €29,161 | +€13,811 | +90.0% |
| Recurring financial charges | 65 | €15,350 | €29,161 | +€13,811 | +90.0% |
| Profit (loss) for the period before taxes | 9903 | €74,382 | -€9,617 | -€83,999 | |
| Income taxes | 67/77 | €27,050 | €4,763 | -€22,287 | -82.4% |
| Profit (loss) for the period | 9904 | €47,333 | -€14,380 | -€61,713 | |
| Profit (loss) for the period to be appropriated | 9905 | €47,333 | -€14,380 | -€61,713 |
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 16 October 2026 via checked.be.