BB-Projects: 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.
BB-Projects
Largest movements
- Receivables within one year -€327,542
down €327,542 (-60.8%), from €539,051 to €211,509
of which Other amounts receivable: -€200,342
- Stocks and contracts +€160,234
up €160,234 (+3,443%), from €4,654 to €164,888
- Tangible fixed assets -€118,829
down €118,829 (-4.1%), from €2.9m to €2.7m
of which Land and buildings: -€105,444
- Cash -€74,876
down €74,876 (-74.7%), from €100,202 to €25,326
mainly Net result for the year (-€322,169) and Stocks and contracts (-€160,234)
- Profit (loss) carried forward -€322,169
down €322,169, from €25,565 to -€296,604
- Other debts +€93,955
up €93,955 (+229%), from €40,982 to €134,938
- Debts after one year -€74,838
down €74,838 (-4.3%), from €1.7m to €1.7m
- Tax, wage and social debts -€44,786
down €44,786 (-90.4%), from €49,520 to €4,733
- Financial income -€348,772
down €348,772 (-99.5%), from €350,411 to €1,639
- Gross operating margin -€262,570
down €262,570, from €124,607 to -€137,962
- Financial charges -€82,510
down €82,510 (-55.9%), from €147,544 to €65,034
- Taxes -€24,279
down €24,279 (-96.2%), from €25,242 to €963
- Depreciation +€15,213
up €15,213 (+16.4%), from €92,504 to €107,717
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 | €3,603,800 | €3,257,863 | -€345,937 | -9.6% |
| Fixed assets | 21/28 | €2,896,105 | €2,777,276 | -€118,829 | -4.1% |
| Tangible fixed assets | 22/27 | €2,867,980 | €2,749,151 | -€118,829 | -4.1% |
| Land and buildings | 22 | €2,780,768 | €2,675,324 | -€105,444 | -3.8% |
| Plant, machinery and equipment | 23 | €86,323 | €73,651 | -€12,673 | -14.7% |
| Furniture and vehicles | 24 | €889 | €176 | -€713 | -80.2% |
| Financial fixed assets | 28 | €28,125 | €28,125 | = | 0.0% |
| Current assets | 29/58 | €707,695 | €480,587 | -€227,108 | -32.1% |
| Stocks and contracts in progress | 3 | €4,654 | €164,888 | +€160,234 | +3,443% |
| Stocks | 30/36 | €4,654 | €164,888 | +€160,234 | +3,443% |
| Amounts receivable within one year | 40/41 | €539,051 | €211,509 | -€327,542 | -60.8% |
| Trade receivables | 40 | €145,200 | €18,000 | -€127,200 | -87.6% |
| Other amounts receivable | 41 | €393,851 | €193,509 | -€200,342 | -50.9% |
| Current investments | 50/53 | €60,555 | €75,448 | +€14,893 | +24.6% |
| Cash at bank and in hand | 54/58 | €100,202 | €25,326 | -€74,876 | -74.7% |
| Deferred charges and accrued income | 490/1 | €3,233 | €3,417 | +€183 | +5.7% |
| Total equity and liabilities | 10/49 | €3,603,800 | €3,257,863 | -€345,937 | -9.6% |
| Equity | 10/15 | €1,278,398 | €956,229 | -€322,169 | -25.2% |
| Contributions | 10/11 | €25,500 | €25,500 | = | 0.0% |
| Reserves | 13 | €1,227,333 | €1,227,333 | = | 0.0% |
| Distributable reserves | 133 | €1,227,333 | €1,227,333 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,565 | -€296,604 | -€322,169 | |
| Amounts payable | 17/49 | €2,325,402 | €2,301,634 | -€23,768 | -1.0% |
| Amounts payable after more than one year | 17 | €1,729,300 | €1,654,462 | -€74,838 | -4.3% |
| Financial debts | 170/4 | €1,348,402 | €1,319,744 | -€28,658 | -2.1% |
| Trade debts | 175 | €188,866 | €165,606 | -€23,260 | -12.3% |
| Other amounts payable | 178/9 | €192,031 | €169,113 | -€22,919 | -11.9% |
| Amounts payable within one year | 42/48 | €596,102 | €647,172 | +€51,070 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €221,464 | €225,863 | +€4,398 | +2.0% |
| Financial debts | 43 | €250,000 | €250,000 | = | 0.0% |
| Credit institutions | 430/8 | €250,000 | €250,000 | = | 0.0% |
| Trade debts | 44 | €34,136 | €31,638 | -€2,498 | -7.3% |
| Suppliers | 440/4 | €34,136 | €31,638 | -€2,498 | -7.3% |
| Taxes, remuneration and social security | 45 | €49,520 | €4,733 | -€44,786 | -90.4% |
| Taxes | 450/3 | €49,520 | €4,733 | -€44,786 | -90.4% |
| Other amounts payable | 47/48 | €40,982 | €134,938 | +€93,955 | +229% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,504 | €107,717 | +€15,213 | +16.4% |
| Other operating charges | 640/8 | €10,956 | €12,131 | +€1,175 | +10.7% |
| Gross operating margin | 9900 | €124,607 | -€137,962 | -€262,570 | |
| Operating profit (loss) | 9901 | €21,148 | -€257,810 | -€278,958 | |
| Financial income | 75/76B | €350,411 | €1,639 | -€348,772 | -99.5% |
| Recurring financial income | 75 | €350,411 | €1,639 | -€348,772 | -99.5% |
| Financial charges | 65/66B | €147,544 | €65,034 | -€82,510 | -55.9% |
| Recurring financial charges | 65 | €147,544 | €65,034 | -€82,510 | -55.9% |
| Profit (loss) for the period before taxes | 9903 | €224,015 | -€321,205 | -€545,220 | |
| Income taxes | 67/77 | €25,242 | €963 | -€24,279 | -96.2% |
| Profit (loss) for the period | 9904 | €198,772 | -€322,169 | -€520,941 | |
| Profit (loss) for the period to be appropriated | 9905 | €198,772 | -€322,169 | -€520,941 |
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 15 October 2026 via checked.be.