BC - BUILDING: 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.
BC - BUILDING
Largest movements
- Receivables within one year -€1.8m
down €1.8m (-95.0%), from €1.9m to €93,162
of which Other amounts receivable: -€1.8m
- Receivables after one year +€1.2m
new in 2025: €1.2m
- Cash -€624,238
down €624,238 (-59.5%), from €1.0m to €424,509
mainly Receivables after one year (-€1.2m) and Short-term financial debts (-€582,922)
- Tangible fixed assets +€296,059
up €296,059 (+7.2%), from €4.1m to €4.4m
of which Land and buildings: +€295,517
- Financial fixed assets -€250,000
down €250,000 (-100%), from €250,000 to €0
- Short-term financial debts -€582,922
down €582,922 (-100%), from €582,922 to €0
- Debts after one year -€298,354
down €298,354 (-14.8%), from €2.0m to €1.7m
- Reserves -€258,529
down €258,529 (-7.7%), from €3.4m to €3.1m
of which Distributable reserves: -€243,282
- Trade debts -€142,785
down €142,785 (-59.7%), from €239,064 to €96,279
- Taxes -€252,235
down €252,235 (-99.7%), from €253,048 to €813
- Financial charges +€243,895
up €243,895 (+366%), from €66,706 to €310,600
of which Non-recurring financial charges: +€249,999
- Gross operating margin +€72,903
up €72,903 (+30.9%), from €235,940 to €308,843
- Depreciation +€51,926
up €51,926 (+28.8%), from €180,159 to €232,085
- Financial income -€13,688
down €13,688 (-95.8%), from €14,294 to €606
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 | €7,268,647 | €6,064,401 | -€1.2m | -16.6% |
| Fixed assets | 21/28 | €4,340,966 | €4,387,026 | +€46,059 | +1.1% |
| Tangible fixed assets | 22/27 | €4,090,966 | €4,387,026 | +€296,059 | +7.2% |
| Land and buildings | 22 | €4,072,151 | €4,367,668 | +€295,517 | +7.3% |
| Plant, machinery and equipment | 23 | €789 | €190 | -€598 | -75.8% |
| Furniture and vehicles | 24 | €16,714 | €17,855 | +€1,141 | +6.8% |
| Other tangible fixed assets | 26 | €1,313 | €1,313 | = | 0.0% |
| Financial fixed assets | 28 | €250,000 | €0 | -€250,000 | -100% |
| Current assets | 29/58 | €2,927,681 | €1,677,375 | -€1.3m | -42.7% |
| Amounts receivable after more than one year | 29 | - | €1,153,188 | +€1.2m | |
| Other amounts receivable | 291 | - | €1,153,188 | +€1.2m | |
| Amounts receivable within one year | 40/41 | €1,876,102 | €93,162 | -€1.8m | -95.0% |
| Trade receivables | 40 | €66,595 | €50,588 | -€16,007 | -24.0% |
| Other amounts receivable | 41 | €1,809,507 | €42,574 | -€1.8m | -97.6% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,048,747 | €424,509 | -€624,238 | -59.5% |
| Deferred charges and accrued income | 490/1 | €2,832 | €6,516 | +€3,685 | +130% |
| Total equity and liabilities | 10/49 | €7,268,647 | €6,064,401 | -€1.2m | -16.6% |
| Equity | 10/15 | €3,388,830 | €3,130,301 | -€258,529 | -7.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €3,370,280 | €3,111,751 | -€258,529 | -7.7% |
| Tax-exempt reserves | 132 | €209,518 | €194,271 | -€15,247 | -7.3% |
| Distributable reserves | 133 | €3,160,762 | €2,917,480 | -€243,282 | -7.7% |
| Provisions and deferred taxes | 16 | €91,894 | €86,812 | -€5,082 | -5.5% |
| Deferred taxes | 168 | €91,894 | €86,812 | -€5,082 | -5.5% |
| Amounts payable | 17/49 | €3,787,923 | €2,847,288 | -€940,635 | -24.8% |
| Amounts payable after more than one year | 17 | €2,018,777 | €1,720,422 | -€298,354 | -14.8% |
| Financial debts | 170/4 | €2,018,777 | €1,720,422 | -€298,354 | -14.8% |
| Amounts payable within one year | 42/48 | €1,722,771 | €1,092,035 | -€630,736 | -36.6% |
| Current portion of amounts payable after more than one year | 42 | €192,479 | €246,652 | +€54,173 | +28.1% |
| Financial debts | 43 | €582,922 | €0 | -€582,922 | -100% |
| Credit institutions | 430/8 | €582,922 | €0 | -€582,922 | -100% |
| Trade debts | 44 | €239,064 | €96,279 | -€142,785 | -59.7% |
| Suppliers | 440/4 | €239,064 | €96,279 | -€142,785 | -59.7% |
| Advances received on contracts in progress | 46 | €27,299 | €4,214 | -€23,085 | -84.6% |
| Taxes, remuneration and social security | 45 | €0 | €10,783 | +€10,783 | |
| Taxes | 450/3 | €0 | €10,783 | +€10,783 | |
| Other amounts payable | 47/48 | €681,007 | €734,106 | +€53,099 | +7.8% |
| Accrued charges and deferred income | 492/3 | €46,375 | €34,831 | -€11,544 | -24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €180,159 | €232,085 | +€51,926 | +28.8% |
| Other operating charges | 640/8 | €24,621 | €29,562 | +€4,941 | +20.1% |
| Gross operating margin | 9900 | €235,940 | €308,843 | +€72,903 | +30.9% |
| Operating profit (loss) | 9901 | €31,160 | €47,196 | +€16,036 | +51.5% |
| Financial income | 75/76B | €14,294 | €606 | -€13,688 | -95.8% |
| Recurring financial income | 75 | €14,294 | €606 | -€13,688 | -95.8% |
| Financial charges | 65/66B | €66,706 | €310,600 | +€243,895 | +366% |
| Recurring financial charges | 65 | €66,706 | €60,601 | -€6,104 | -9.2% |
| Non-recurring financial charges | 66B | - | €249,999 | +€249,999 | |
| Profit (loss) for the period before taxes | 9903 | -€21,251 | -€262,798 | -€241,547 | -1,137% |
| Transfer from deferred taxes | 780 | €260,404 | €5,082 | -€255,322 | -98.0% |
| Income taxes | 67/77 | €253,048 | €813 | -€252,235 | -99.7% |
| Profit (loss) for the period | 9904 | -€13,895 | -€258,529 | -€244,634 | -1,761% |
| Transfer from tax-exempt reserves | 789 | €781,212 | €15,247 | -€765,965 | -98.0% |
| Profit (loss) for the period to be appropriated | 9905 | €767,317 | -€243,282 | -€1.0m |
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 20 October 2026 via checked.be.