BEST BUILD: 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.
BEST BUILD
Largest movements
- Stocks and contracts +€19,916
up €19,916 (+55.1%), from €36,164 to €56,080
of which Contracts in progress: +€19,960
- Tangible fixed assets -€16,523
down €16,523 (-21.8%), from €75,900 to €59,377
of which Furniture and vehicles: -€16,023
- Receivables within one year -€9,410
down €9,410 (-18.9%), from €49,693 to €40,283
of which Other amounts receivable: -€5,395
- Cash -€2,065
down €2,065 (-95.7%), from €2,158 to €93
mainly Net result for the year (-€33,657) and Stocks and contracts (-€19,916)
- Other debts +€38,785
up €38,785 (+71.5%), from €54,229 to €93,014
- Profit (loss) carried forward -€33,657
new in 2025: -€33,657
- Current portion of long-term debt -€14,765
down €14,765 (-53.4%), from €27,625 to €12,860
- Short-term financial debts +€4,994
up €4,994 (+588%), from €849 to €5,843
- Accrued charges and deferred income -€3,893
no longer reported in 2025 (was €3,893)
- Gross operating margin -€34,047
down €34,047, from €20,269 to -€13,777
- Depreciation +€7,481
up €7,481 (+65.1%), from €11,492 to €18,972
- Financial charges -€1,329
down €1,329 (-59.3%), from €2,242 to €913
- Taxes -€1,251
down €1,251, from €761 to -€490
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 | €165,033 | €156,784 | -€8,250 | -5.0% |
| Fixed assets | 21/28 | €75,900 | €59,377 | -€16,523 | -21.8% |
| Tangible fixed assets | 22/27 | €75,900 | €59,377 | -€16,523 | -21.8% |
| Plant, machinery and equipment | 23 | €5,870 | €5,371 | -€500 | -8.5% |
| Furniture and vehicles | 24 | €70,030 | €54,007 | -€16,023 | -22.9% |
| Current assets | 29/58 | €89,133 | €97,407 | +€8,273 | +9.3% |
| Stocks and contracts in progress | 3 | €36,164 | €56,080 | +€19,916 | +55.1% |
| Stocks | 30/36 | €44 | - | -€44 | |
| Contracts in progress | 37 | €36,120 | €56,080 | +€19,960 | +55.3% |
| Amounts receivable within one year | 40/41 | €49,693 | €40,283 | -€9,410 | -18.9% |
| Trade receivables | 40 | €7,050 | €3,035 | -€4,015 | -57.0% |
| Other amounts receivable | 41 | €42,642 | €37,248 | -€5,395 | -12.7% |
| Cash at bank and in hand | 54/58 | €2,158 | €93 | -€2,065 | -95.7% |
| Deferred charges and accrued income | 490/1 | €1,118 | €951 | -€167 | -15.0% |
| Total equity and liabilities | 10/49 | €165,033 | €156,784 | -€8,250 | -5.0% |
| Equity | 10/15 | €46,991 | €13,334 | -€33,657 | -71.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €21,991 | €21,991 | = | 0.0% |
| Distributable reserves | 133 | €21,991 | €21,991 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€33,657 | -€33,657 | |
| Amounts payable | 17/49 | €118,042 | €143,449 | +€25,407 | +21.5% |
| Amounts payable after more than one year | 17 | €28,718 | €27,112 | -€1,607 | -5.6% |
| Financial debts | 170/4 | €28,718 | €27,112 | -€1,607 | -5.6% |
| Amounts payable within one year | 42/48 | €85,431 | €116,338 | +€30,906 | +36.2% |
| Current portion of amounts payable after more than one year | 42 | €27,625 | €12,860 | -€14,765 | -53.4% |
| Financial debts | 43 | €849 | €5,843 | +€4,994 | +588% |
| Credit institutions | 430/8 | €849 | €5,843 | +€4,994 | +588% |
| Trade debts | 44 | €2,728 | €4,621 | +€1,893 | +69.4% |
| Suppliers | 440/4 | €2,728 | €4,621 | +€1,893 | +69.4% |
| Other amounts payable | 47/48 | €54,229 | €93,014 | +€38,785 | +71.5% |
| Accrued charges and deferred income | 492/3 | €3,893 | - | -€3,893 | |
| Non-recurring operating income | 76A | €34,186 | - | -€34,186 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,492 | €18,972 | +€7,481 | +65.1% |
| Other operating charges | 640/8 | €679 | €484 | -€195 | -28.7% |
| Gross operating margin | 9900 | €20,269 | -€13,777 | -€34,047 | |
| Operating profit (loss) | 9901 | €8,098 | -€33,234 | -€41,332 | |
| Financial charges | 65/66B | €2,242 | €913 | -€1,329 | -59.3% |
| Recurring financial charges | 65 | €2,242 | €913 | -€1,329 | -59.3% |
| Profit (loss) for the period before taxes | 9903 | €5,857 | -€34,147 | -€40,004 | |
| Income taxes | 67/77 | €761 | -€490 | -€1,251 | |
| Profit (loss) for the period | 9904 | €5,096 | -€33,657 | -€38,753 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,096 | -€33,657 | -€38,753 |
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.