Backeland 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.
Backeland Construct
Largest movements
- Stocks and contracts +€30,900
up €30,900 (+130.7%), from €23,634 to €54,534
- Tangible fixed assets +€28,994
up €28,994 (+25.3%), from €114,487 to €143,481
of which Furniture and vehicles: +€56,070
- Cash -€18,906
down €18,906 (-29.3%), from €64,534 to €45,628
mainly Investment in fixed assets (net) (-€71,500) and Stocks and contracts (-€30,900)
- Receivables within one year -€10,690
down €10,690 (-51.9%), from €20,593 to €9,904
of which Trade receivables: -€7,918
- Intangible fixed assets -€3,500
down €3,500 (-33.4%), from €10,490 to €6,990
- Debts after one year +€27,951
up €27,951 (+41.3%), from €67,725 to €95,676
- Trade debts -€11,825
down €11,825 (-26.0%), from €45,406 to €33,581
- Reserves +€11,485
up €11,485 (+20.5%), from €55,905 to €67,390
- Tax, wage and social debts -€11,168
down €11,168 (-62.9%), from €17,744 to €6,576
of which Taxes: -€9,818
- Current portion of long-term debt +€11,091
up €11,091 (+60.7%), from €18,278 to €29,368
- Gross operating margin -€9,663
down €9,663 (-6.9%), from €140,093 to €130,431
- Taxes -€4,818
down €4,818 (-40.5%), from €11,910 to €7,092
- Depreciation +€4,587
up €4,587 (+11.1%), from €41,419 to €46,006
- Staff costs +€3,731
up €3,731 (+7.2%), from €52,058 to €55,789
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 | €237,861 | €265,288 | +€27,428 | +11.5% |
| Fixed assets | 21/28 | €126,178 | €151,672 | +€25,494 | +20.2% |
| Intangible fixed assets | 21 | €10,490 | €6,990 | -€3,500 | -33.4% |
| Tangible fixed assets | 22/27 | €114,487 | €143,481 | +€28,994 | +25.3% |
| Plant, machinery and equipment | 23 | €55,906 | €37,496 | -€18,410 | -32.9% |
| Furniture and vehicles | 24 | €25,786 | €81,857 | +€56,070 | +217.4% |
| Leasing and similar rights | 25 | €31,522 | €23,012 | -€8,510 | -27.0% |
| Other tangible fixed assets | 26 | €1,273 | €1,116 | -€156 | -12.3% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €111,683 | €113,617 | +€1,934 | +1.7% |
| Stocks and contracts in progress | 3 | €23,634 | €54,534 | +€30,900 | +130.7% |
| Stocks | 30/36 | €23,634 | €54,534 | +€30,900 | +130.7% |
| Amounts receivable within one year | 40/41 | €20,593 | €9,904 | -€10,690 | -51.9% |
| Trade receivables | 40 | €13,565 | €5,647 | -€7,918 | -58.4% |
| Other amounts receivable | 41 | €7,028 | €4,257 | -€2,771 | -39.4% |
| Cash at bank and in hand | 54/58 | €64,534 | €45,628 | -€18,906 | -29.3% |
| Deferred charges and accrued income | 490/1 | €2,922 | €3,552 | +€630 | +21.5% |
| Total equity and liabilities | 10/49 | €237,861 | €265,288 | +€27,428 | +11.5% |
| Equity | 10/15 | €59,905 | €71,390 | +€11,485 | +19.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €55,905 | €67,390 | +€11,485 | +20.5% |
| Distributable reserves | 133 | €55,905 | €67,390 | +€11,485 | +20.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €177,956 | €193,898 | +€15,942 | +9.0% |
| Amounts payable after more than one year | 17 | €67,725 | €95,676 | +€27,951 | +41.3% |
| Financial debts | 170/4 | €67,725 | €95,676 | +€27,951 | +41.3% |
| Amounts payable within one year | 42/48 | €109,857 | €98,222 | -€11,634 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €18,278 | €29,368 | +€11,091 | +60.7% |
| Financial debts | 43 | €38 | €156 | +€118 | +310.1% |
| Credit institutions | 430/8 | €38 | €156 | +€118 | +310.1% |
| Trade debts | 44 | €45,406 | €33,581 | -€11,825 | -26.0% |
| Suppliers | 440/4 | €45,406 | €33,581 | -€11,825 | -26.0% |
| Taxes, remuneration and social security | 45 | €17,744 | €6,576 | -€11,168 | -62.9% |
| Taxes | 450/3 | €11,910 | €2,092 | -€9,818 | -82.4% |
| Remuneration and social security | 454/9 | €5,834 | €4,484 | -€1,350 | -23.1% |
| Other amounts payable | 47/48 | €28,391 | €28,542 | +€151 | +0.5% |
| Accrued charges and deferred income | 492/3 | €375 | €0 | -€375 | -100.0% |
| Remuneration, social security and pensions | 62 | €52,058 | €55,789 | +€3,731 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,419 | €46,006 | +€4,587 | +11.1% |
| Other operating charges | 640/8 | €2,181 | €2,318 | +€137 | +6.3% |
| Gross operating margin | 9900 | €140,093 | €130,431 | -€9,663 | -6.9% |
| Operating profit (loss) | 9901 | €44,434 | €26,318 | -€18,117 | -40.8% |
| Financial income | 75/76B | €5 | €21 | +€16 | +306.3% |
| Recurring financial income | 75 | €5 | €21 | +€16 | +306.3% |
| Financial charges | 65/66B | €4,582 | €4,325 | -€257 | -5.6% |
| Recurring financial charges | 65 | €4,582 | €4,325 | -€257 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €39,858 | €22,013 | -€17,844 | -44.8% |
| Income taxes | 67/77 | €11,910 | €7,092 | -€4,818 | -40.5% |
| Profit (loss) for the period | 9904 | €27,947 | €14,921 | -€13,026 | -46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,947 | €14,921 | -€13,026 | -46.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.