BASTIN GENERAL 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.
BASTIN GENERAL CONSTRUCT
Largest movements
- Tangible fixed assets +€332,914
up €332,914 (+221.9%), from €150,051 to €482,965
of which Assets under construction and advance payments: +€361,861
- Cash -€76,363
down €76,363 (-36.8%), from €207,708 to €131,345
mainly Investment in fixed assets (net) (-€435,253) and Advances received (-€75,227)
- Financial fixed assets +€73,392
up €73,392 (+3974.1%), from €1,847 to €75,239
- Receivables within one year +€66,604
up €66,604 (+15.9%), from €418,547 to €485,150
of which Trade receivables: +€70,633
- Trade debts +€312,740
up €312,740 (+82.0%), from €381,275 to €694,014
- Advances received -€75,227
no longer reported in 2025 (was €75,227)
- Debts after one year +€68,717
up €68,717 (+30.2%), from €227,911 to €296,627
of which Other amounts payable: +€48,847
- Tax, wage and social debts +€62,509
up €62,509 (+159.1%), from €39,289 to €101,798
of which Remuneration and social security: +€46,334
- Profit (loss) carried forward +€33,901
up €33,901 (+50.6%), from -€66,984 to -€33,083
- Gross operating margin -€52,835
down €52,835 (-3.2%), from €1.7m to €1.6m
- Other operating charges -€32,305
down €32,305 (-81.9%), from €39,437 to €7,133
- Financial charges +€17,349
up €17,349 (+132.0%), from €13,146 to €30,495
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 | €805,790 | €1,192,545 | +€386,755 | +48.0% |
| Fixed assets | 21/28 | €152,300 | €558,204 | +€405,904 | +266.5% |
| Intangible fixed assets | 21 | €402 | - | -€402 | |
| Tangible fixed assets | 22/27 | €150,051 | €482,965 | +€332,914 | +221.9% |
| Land and buildings | 22 | €51,807 | €51,807 | = | 0.0% |
| Plant, machinery and equipment | 23 | €23,898 | €12,040 | -€11,859 | -49.6% |
| Furniture and vehicles | 24 | €17,201 | €9,741 | -€7,460 | -43.4% |
| Leasing and similar rights | 25 | €46,695 | €37,067 | -€9,628 | -20.6% |
| Assets under construction and advance payments | 27 | €10,450 | €372,311 | +€361,861 | +3462.8% |
| Financial fixed assets | 28 | €1,847 | €75,239 | +€73,392 | +3974.1% |
| Current assets | 29/58 | €653,490 | €634,341 | -€19,149 | -2.9% |
| Amounts receivable within one year | 40/41 | €418,547 | €485,150 | +€66,604 | +15.9% |
| Trade receivables | 40 | €375,408 | €446,041 | +€70,633 | +18.8% |
| Other amounts receivable | 41 | €43,139 | €39,110 | -€4,029 | -9.3% |
| Cash at bank and in hand | 54/58 | €207,708 | €131,345 | -€76,363 | -36.8% |
| Deferred charges and accrued income | 490/1 | €27,236 | €17,846 | -€9,390 | -34.5% |
| Total equity and liabilities | 10/49 | €805,790 | €1,192,545 | +€386,755 | +48.0% |
| Equity | 10/15 | €24,821 | €58,722 | +€33,901 | +136.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €73,206 | €73,206 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €71,346 | €71,346 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,984 | -€33,083 | +€33,901 | +50.6% |
| Amounts payable | 17/49 | €780,969 | €1,133,823 | +€352,854 | +45.2% |
| Amounts payable after more than one year | 17 | €227,911 | €296,627 | +€68,717 | +30.2% |
| Financial debts | 170/4 | €69,796 | €89,665 | +€19,869 | +28.5% |
| Other amounts payable | 178/9 | €158,115 | €206,962 | +€48,847 | +30.9% |
| Amounts payable within one year | 42/48 | €553,058 | €837,195 | +€284,137 | +51.4% |
| Current portion of amounts payable after more than one year | 42 | €41,985 | €41,383 | -€602 | -1.4% |
| Trade debts | 44 | €381,275 | €694,014 | +€312,740 | +82.0% |
| Suppliers | 440/4 | €381,275 | €694,014 | +€312,740 | +82.0% |
| Advances received on contracts in progress | 46 | €75,227 | - | -€75,227 | |
| Taxes, remuneration and social security | 45 | €39,289 | €101,798 | +€62,509 | +159.1% |
| Taxes | 450/3 | €1,685 | €17,860 | +€16,175 | +960.1% |
| Remuneration and social security | 454/9 | €37,604 | €83,939 | +€46,334 | +123.2% |
| Other amounts payable | 47/48 | €15,282 | - | -€15,282 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,480,227 | €1,494,486 | +€14,258 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,328 | €29,349 | -€3,978 | -11.9% |
| Other operating charges | 640/8 | €39,437 | €7,133 | -€32,305 | -81.9% |
| Non-recurring operating charges | 66A | - | €18,607 | +€18,607 | |
| Gross operating margin | 9900 | €1,672,641 | €1,619,806 | -€52,835 | -3.2% |
| Operating profit (loss) | 9901 | €119,648 | €70,231 | -€49,417 | -41.3% |
| Financial income | 75/76B | €2,345 | €165 | -€2,180 | -93.0% |
| Recurring financial income | 75 | €2,345 | €165 | -€2,180 | -93.0% |
| Financial charges | 65/66B | €13,146 | €30,495 | +€17,349 | +132.0% |
| Recurring financial charges | 65 | €13,146 | €30,495 | +€17,349 | +132.0% |
| Profit (loss) for the period before taxes | 9903 | €108,847 | €39,901 | -€68,946 | -63.3% |
| Income taxes | 67/77 | €599 | €6,000 | +€5,401 | +902.0% |
| Profit (loss) for the period | 9904 | €108,248 | €33,901 | -€74,347 | -68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €108,248 | €33,901 | -€74,347 | -68.7% |
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 5 October 2026 via checked.be.