BASIS CONSTRUCTION: 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.
BASIS CONSTRUCTION
Largest movements
- Cash -€14,970
down €14,970 (-47.7%), from €31,354 to €16,384
mainly Investment in fixed assets (net) (-€24,399) and Stocks and contracts (-€12,457)
- Stocks and contracts +€12,457
up €12,457 (+587%), from €2,122 to €14,579
- Tangible fixed assets +€7,046
up €7,046 (+5.3%), from €132,783 to €139,829
of which Furniture and vehicles: +€15,414
- Receivables within one year -€5,636
down €5,636 (-16.3%), from €34,630 to €28,995
of which Other amounts receivable: -€9,316
- Current portion of long-term debt +€19,265
up €19,265 (+173%), from €11,132 to €30,397
- Debts after one year -€11,686
down €11,686 (-12.3%), from €95,077 to €83,391
- Profit (loss) carried forward -€10,327
down €10,327 (-98.9%), from €10,437 to €110
- Trade debts +€4,050
up €4,050 (+226%), from €1,792 to €5,842
- Tax, wage and social debts -€2,045
down €2,045 (-72.2%), from €2,832 to €787
- Gross operating margin -€31,539
down €31,539 (-61.3%), from €51,451 to €19,912
- Other operating charges +€5,567
up €5,567 (+297%), from €1,876 to €7,443
- Taxes -€2,951
no longer reported in 2025 (was €2,951)
- Financial charges -€950
down €950 (-14.8%), from €6,432 to €5,482
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 | €203,557 | €201,479 | -€2,078 | -1.0% |
| Fixed assets | 21/28 | €133,183 | €140,229 | +€7,046 | +5.3% |
| Tangible fixed assets | 22/27 | €132,783 | €139,829 | +€7,046 | +5.3% |
| Land and buildings | 22 | €112,750 | €104,500 | -€8,250 | -7.3% |
| Plant, machinery and equipment | 23 | €118 | - | -€118 | |
| Furniture and vehicles | 24 | €19,915 | €35,329 | +€15,414 | +77.4% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €70,374 | €61,250 | -€9,124 | -13.0% |
| Stocks and contracts in progress | 3 | €2,122 | €14,579 | +€12,457 | +587% |
| Stocks | 30/36 | €2,122 | €14,579 | +€12,457 | +587% |
| Amounts receivable within one year | 40/41 | €34,630 | €28,995 | -€5,636 | -16.3% |
| Trade receivables | 40 | €13,361 | €17,041 | +€3,680 | +27.5% |
| Other amounts receivable | 41 | €21,269 | €11,954 | -€9,316 | -43.8% |
| Cash at bank and in hand | 54/58 | €31,354 | €16,384 | -€14,970 | -47.7% |
| Deferred charges and accrued income | 490/1 | €2,268 | €1,292 | -€975 | -43.0% |
| Total equity and liabilities | 10/49 | €203,557 | €201,479 | -€2,078 | -1.0% |
| Equity | 10/15 | €83,879 | €73,552 | -€10,327 | -12.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,842 | €54,842 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €54,842 | €54,842 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,437 | €110 | -€10,327 | -98.9% |
| Amounts payable | 17/49 | €119,678 | €127,927 | +€8,248 | +6.9% |
| Amounts payable after more than one year | 17 | €95,077 | €83,391 | -€11,686 | -12.3% |
| Financial debts | 170/4 | €95,077 | €83,391 | -€11,686 | -12.3% |
| Amounts payable within one year | 42/48 | €24,602 | €44,536 | +€19,934 | +81.0% |
| Current portion of amounts payable after more than one year | 42 | €11,132 | €30,397 | +€19,265 | +173% |
| Trade debts | 44 | €1,792 | €5,842 | +€4,050 | +226% |
| Suppliers | 440/4 | €1,792 | €5,842 | +€4,050 | +226% |
| Taxes, remuneration and social security | 45 | €2,832 | €787 | -€2,045 | -72.2% |
| Taxes | 450/3 | €2,832 | €787 | -€2,045 | -72.2% |
| Other amounts payable | 47/48 | €8,846 | €7,510 | -€1,336 | -15.1% |
| Non-recurring operating income | 76A | - | €537 | +€537 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,585 | €17,353 | -€231 | -1.3% |
| Other operating charges | 640/8 | €1,876 | €7,443 | +€5,567 | +297% |
| Gross operating margin | 9900 | €51,451 | €19,912 | -€31,539 | -61.3% |
| Operating profit (loss) | 9901 | €31,990 | -€4,884 | -€36,875 | |
| Financial income | 75/76B | €431 | €39 | -€392 | -90.8% |
| Recurring financial income | 75 | €431 | €39 | -€392 | -90.8% |
| Financial charges | 65/66B | €6,432 | €5,482 | -€950 | -14.8% |
| Recurring financial charges | 65 | €6,432 | €5,482 | -€950 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €25,989 | -€10,327 | -€36,316 | |
| Income taxes | 67/77 | €2,951 | - | -€2,951 | |
| Profit (loss) for the period | 9904 | €23,038 | -€10,327 | -€33,365 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,038 | -€10,327 | -€33,365 |
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 18 October 2026 via checked.be.