BE CONCRETE: 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.
BE CONCRETE
Largest movements
- Tangible fixed assets +€305,681
up €305,681 (+38.8%), from €787,984 to €1.1m
of which Land and buildings: +€339,961
- Receivables within one year +€152,415
up €152,415 (+30.2%), from €504,395 to €656,810
of which Trade receivables: +€152,427
- Stocks and contracts +€139,060
up €139,060 (+33.4%), from €416,483 to €555,543
- Current investments -€50,000
down €50,000 (-10.0%), from €500,000 to €450,000
- Profit (loss) carried forward -€568,351
down €568,351 (-100%), from €568,351 to €0
- Reserves +€559,410
up €559,410 (+30,076%), from €1,860 to €561,270
- Debts after one year +€288,654
up €288,654 (+42.9%), from €672,950 to €961,604
- Other debts +€200,000
up €200,000 (+50.0%), from €400,000 to €600,000
- Current portion of long-term debt +€37,191
up €37,191 (+154%), from €24,154 to €61,346
- Gross operating margin +€344,446
up €344,446 (+53.3%), from €646,075 to €990,521
- Taxes +€67,262
up €67,262 (+53.2%), from €126,340 to €193,602
- Staff costs +€40,567
up €40,567 (+61.6%), from €65,814 to €106,381
- Financial charges +€25,588
up €25,588 (+198%), from €12,895 to €38,483
- Other operating charges -€16,523
down €16,523 (-81.6%), from €20,256 to €3,734
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 | €2,614,330 | €3,157,389 | +€543,060 | +20.8% |
| Fixed assets | 21/28 | €789,584 | €1,095,265 | +€305,681 | +38.7% |
| Tangible fixed assets | 22/27 | €787,984 | €1,093,665 | +€305,681 | +38.8% |
| Land and buildings | 22 | €692,880 | €1,032,841 | +€339,961 | +49.1% |
| Plant, machinery and equipment | 23 | €18,501 | €10,853 | -€7,648 | -41.3% |
| Furniture and vehicles | 24 | €76,604 | €49,971 | -€26,632 | -34.8% |
| Financial fixed assets | 28 | €1,600 | €1,600 | = | 0.0% |
| Current assets | 29/58 | €1,824,745 | €2,062,124 | +€237,379 | +13.0% |
| Stocks and contracts in progress | 3 | €416,483 | €555,543 | +€139,060 | +33.4% |
| Stocks | 30/36 | €416,483 | €555,543 | +€139,060 | +33.4% |
| Amounts receivable within one year | 40/41 | €504,395 | €656,810 | +€152,415 | +30.2% |
| Trade receivables | 40 | €504,384 | €656,810 | +€152,427 | +30.2% |
| Other amounts receivable | 41 | €12 | €0 | -€12 | -100% |
| Current investments | 50/53 | €500,000 | €450,000 | -€50,000 | -10.0% |
| Cash at bank and in hand | 54/58 | €403,867 | €399,771 | -€4,096 | -1.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €2,614,330 | €3,157,389 | +€543,060 | +20.8% |
| Equity | 10/15 | €576,417 | €567,475 | -€8,941 | -1.6% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €1,860 | €561,270 | +€559,410 | +30,076% |
| Distributable reserves | 133 | €1,860 | €561,270 | +€559,410 | +30,076% |
| Profit (loss) carried forward | 14 | €568,351 | €0 | -€568,351 | -100% |
| Amounts payable | 17/49 | €2,037,913 | €2,589,914 | +€552,001 | +27.1% |
| Amounts payable after more than one year | 17 | €672,950 | €961,604 | +€288,654 | +42.9% |
| Financial debts | 170/4 | €672,950 | €961,604 | +€288,654 | +42.9% |
| Amounts payable within one year | 42/48 | €1,139,963 | €1,428,310 | +€288,347 | +25.3% |
| Current portion of amounts payable after more than one year | 42 | €24,154 | €61,346 | +€37,191 | +154% |
| Financial debts | 43 | €30,381 | €33,656 | +€3,275 | +10.8% |
| Credit institutions | 430/8 | €30,381 | €33,656 | +€3,275 | +10.8% |
| Trade debts | 44 | €564,769 | €599,404 | +€34,634 | +6.1% |
| Suppliers | 440/4 | €564,769 | €599,404 | +€34,634 | +6.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €120,659 | €133,905 | +€13,246 | +11.0% |
| Taxes | 450/3 | €114,398 | €118,183 | +€3,785 | +3.3% |
| Remuneration and social security | 454/9 | €6,261 | €15,722 | +€9,461 | +151% |
| Other amounts payable | 47/48 | €400,000 | €600,000 | +€200,000 | +50.0% |
| Accrued charges and deferred income | 492/3 | €225,000 | €200,000 | -€25,000 | -11.1% |
| Remuneration, social security and pensions | 62 | €65,814 | €106,381 | +€40,567 | +61.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,074 | €66,643 | -€12,431 | -15.7% |
| Other operating charges | 640/8 | €20,256 | €3,734 | -€16,523 | -81.6% |
| Gross operating margin | 9900 | €646,075 | €990,521 | +€344,446 | +53.3% |
| Operating profit (loss) | 9901 | €480,930 | €813,763 | +€332,833 | +69.2% |
| Financial income | 75/76B | €3,784 | €9,381 | +€5,597 | +148% |
| Recurring financial income | 75 | €3,784 | €9,381 | +€5,597 | +148% |
| Financial charges | 65/66B | €12,895 | €38,483 | +€25,588 | +198% |
| Recurring financial charges | 65 | €12,895 | €38,483 | +€25,588 | +198% |
| Profit (loss) for the period before taxes | 9903 | €471,820 | €784,661 | +€312,841 | +66.3% |
| Income taxes | 67/77 | €126,340 | €193,602 | +€67,262 | +53.2% |
| Profit (loss) for the period | 9904 | €345,480 | €591,059 | +€245,579 | +71.1% |
| Profit (loss) for the period to be appropriated | 9905 | €345,480 | €591,059 | +€245,579 | +71.1% |
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 14 October 2026 via checked.be.