BBK CONSTRUCTIONS: 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.
What changed
BBK CONSTRUCTIONS
NACE 25.120, Manufacture of fabricated metal products, except machinery and equipment
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€26,205
2024 · €100,940-€74,734
Equity
€1.5m
2024 · €1.5m+€26,205
Cash
€50,031
2024 · €104,413-€54,382
Balance sheet total
€4.6m
2024 · €4.7m-€67,151
Largest movements
Assets
- Receivables within one year +€326,600
up €326,600 (+14.4%), from €2.3m to €2.6m
of which Trade receivables: +€311,773
- Stocks and contracts -€249,879
down €249,879 (-15.7%), from €1.6m to €1.3m
of which Stocks: -€178,651
- Tangible fixed assets -€76,850
down €76,850 (-13.0%), from €590,631 to €513,782
of which Leasing and similar rights: -€51,993
- Cash -€54,382
down €54,382 (-52.1%), from €104,413 to €50,031
mainly Receivables within one year (-€326,600) and Debts after one year (-€297,726)
Equity and liabilities
- Debts after one year -€297,726
down €297,726 (-75.9%), from €392,135 to €94,409
- Short-term financial debts +€155,405
up €155,405 (+28.0%), from €554,487 to €709,892
Income statement
- Gross operating margin -€54,097
down €54,097 (-2.4%), from €2.2m to €2.2m
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.
Result 2024
€100,940
Gross operating margin
-€54,097
Staff costs
-€19,871
Depreciation
+€2,339
Other operating charges
-€14,575
Financial income
-€5,037
Financial charges
-€1,000
Taxes
+€17,506
Result 2025
€26,205
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.
From operations
+€185,298
Investment
-€102,338
Financing
-€137,342
Cash 2024
€104,413
From operations (derived)
+€185,298
Net result for the year
+€26,205
Depreciation
+€197,532
Stocks and contracts
+€249,879
Receivables within one year
-€326,600
Deferred charges and accrued income
-€5,704
Trade debts
+€23,081
Tax, wage and social debts
+€20,556
Smaller working-capital items
+€348
Investment (derived)
-€102,338
Investment in fixed assets (net)
-€102,338
Financing
-€137,342
Debts after one year
-€297,726
Current portion of long-term debt
+€4,980
Short-term financial debts
+€155,405
Cash 2025
€50,031
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,654,884 | €4,587,733 | -€67,151 | -1.4% |
| Fixed assets | 21/28 | €645,048 | €549,854 | -€95,194 | -14.8% |
| Intangible fixed assets | 21 | €44,724 | €26,211 | -€18,513 | -41.4% |
| Tangible fixed assets | 22/27 | €590,631 | €513,782 | -€76,850 | -13.0% |
| Plant, machinery and equipment | 23 | €123,782 | €115,474 | -€8,308 | -6.7% |
| Furniture and vehicles | 24 | €135,155 | €124,170 | -€10,985 | -8.1% |
| Leasing and similar rights | 25 | €263,254 | €211,261 | -€51,993 | -19.8% |
| Other tangible fixed assets | 26 | €68,440 | €62,877 | -€5,564 | -8.1% |
| Financial fixed assets | 28 | €9,692 | €9,861 | +€168 | +1.7% |
| Current assets | 29/58 | €4,009,836 | €4,037,880 | +€28,043 | +0.7% |
| Stocks and contracts in progress | 3 | €1,594,032 | €1,344,152 | -€249,879 | -15.7% |
| Stocks | 30/36 | €977,711 | €799,060 | -€178,651 | -18.3% |
| Contracts in progress | 37 | €616,321 | €545,093 | -€71,228 | -11.6% |
| Amounts receivable within one year | 40/41 | €2,266,855 | €2,593,456 | +€326,600 | +14.4% |
| Trade receivables | 40 | €2,189,198 | €2,500,971 | +€311,773 | +14.2% |
| Other amounts receivable | 41 | €77,657 | €92,485 | +€14,828 | +19.1% |
| Cash at bank and in hand | 54/58 | €104,413 | €50,031 | -€54,382 | -52.1% |
| Deferred charges and accrued income | 490/1 | €44,536 | €50,240 | +€5,704 | +12.8% |
| Total equity and liabilities | 10/49 | €4,654,884 | €4,587,733 | -€67,151 | -1.4% |
| Equity | 10/15 | €1,471,021 | €1,497,226 | +€26,205 | +1.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,451,021 | €1,477,226 | +€26,205 | +1.8% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,147 | €14,147 | = | 0.0% |
| Distributable reserves | 133 | €1,434,873 | €1,461,079 | +€26,205 | +1.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €3,183,864 | €3,090,507 | -€93,356 | -2.9% |
| Amounts payable after more than one year | 17 | €392,135 | €94,409 | -€297,726 | -75.9% |
| Financial debts | 170/4 | €392,135 | €94,409 | -€297,726 | -75.9% |
| Amounts payable within one year | 42/48 | €2,791,678 | €2,996,098 | +€204,420 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €259,003 | €263,983 | +€4,980 | +1.9% |
| Financial debts | 43 | €554,487 | €709,892 | +€155,405 | +28.0% |
| Credit institutions | 430/8 | €554,487 | €709,892 | +€155,405 | +28.0% |
| Trade debts | 44 | €1,860,394 | €1,883,475 | +€23,081 | +1.2% |
| Suppliers | 440/4 | €1,860,394 | €1,883,475 | +€23,081 | +1.2% |
| Taxes, remuneration and social security | 45 | €117,650 | €138,206 | +€20,556 | +17.5% |
| Taxes | 450/3 | €0 | €58 | +€58 | |
| Remuneration and social security | 454/9 | €117,650 | €138,148 | +€20,499 | +17.4% |
| Other amounts payable | 47/48 | €145 | €543 | +€398 | +274.9% |
| Accrued charges and deferred income | 492/3 | €50 | €0 | -€50 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,800,681 | €1,820,552 | +€19,871 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €199,871 | €197,532 | -€2,339 | -1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €13,548 | €28,122 | +€14,575 | +107.6% |
| Gross operating margin | 9900 | €2,219,697 | €2,165,600 | -€54,097 | -2.4% |
| Operating profit (loss) | 9901 | €205,597 | €119,393 | -€86,204 | -41.9% |
| Financial income | 75/76B | €5,330 | €294 | -€5,037 | -94.5% |
| Recurring financial income | 75 | €5,330 | €294 | -€5,037 | -94.5% |
| Financial charges | 65/66B | €60,836 | €61,835 | +€1,000 | +1.6% |
| Recurring financial charges | 65 | €60,836 | €61,835 | +€1,000 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €150,092 | €57,852 | -€92,240 | -61.5% |
| Income taxes | 67/77 | €49,152 | €31,646 | -€17,506 | -35.6% |
| Profit (loss) for the period | 9904 | €100,940 | €26,205 | -€74,734 | -74.0% |
| Profit (loss) for the period to be appropriated | 9905 | €100,940 | €26,205 | -€74,734 | -74.0% |
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 9 October 2026 via checked.be.