BIP-CONSTRUCT: what changed
Two fiscal 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.
BIP-CONSTRUCT
Largest movements
- Cash +€21,482
up €21,482 (+1529.6%), from €1,404 to €22,886
mainly Net result for the year (+€22,417) and Debts after one year (+€15,173)
- Receivables within one year +€14,965
up €14,965 (+49.5%), from €30,240 to €45,205
of which Other amounts receivable: +€18,788
- Tangible fixed assets +€14,773
up €14,773 (+460.1%), from €3,211 to €17,984
of which Plant, machinery and equipment: +€13,057
- Profit (loss) carried forward +€22,417
up €22,417 (+217.7%), from €10,295 to €32,713
- Debts after one year +€15,173
new in 2025: €15,173
- Trade debts +€5,640
up €5,640 (+28.8%), from €19,562 to €25,201
- Tax, wage and social debts +€5,239
up €5,239 (+167.0%), from €3,137 to €8,376
of which Taxes: +€3,139
- Current portion of long-term debt +€3,155
new in 2025: €3,155
- Gross operating margin +€18,670
up €18,670 (+125.1%), from €14,923 to €33,593
- Turnover +€10,920
up €10,920 (+2.4%), from €462,627 to €473,548
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,994 | €87,619 | +€51,624 | +143.4% |
| Fixed assets | 21/28 | €4,211 | €18,984 | +€14,773 | +350.8% |
| Tangible fixed assets | 22/27 | €3,211 | €17,984 | +€14,773 | +460.1% |
| Plant, machinery and equipment | 23 | - | €13,057 | +€13,057 | |
| Furniture and vehicles | 24 | €3,211 | €4,927 | +€1,716 | +53.5% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €31,784 | €68,635 | +€36,851 | +115.9% |
| Amounts receivable within one year | 40/41 | €30,240 | €45,205 | +€14,965 | +49.5% |
| Trade receivables | 40 | €4,538 | €715 | -€3,823 | -84.2% |
| Other amounts receivable | 41 | €25,702 | €44,490 | +€18,788 | +73.1% |
| Cash at bank and in hand | 54/58 | €1,404 | €22,886 | +€21,482 | +1529.6% |
| Deferred charges and accrued income | 490/1 | €139 | €544 | +€404 | +290.4% |
| Total equity and liabilities | 10/49 | €35,994 | €87,619 | +€51,624 | +143.4% |
| Equity | 10/15 | €13,295 | €35,713 | +€22,417 | +168.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,295 | €32,713 | +€22,417 | +217.7% |
| Amounts payable | 17/49 | €22,699 | €51,906 | +€29,207 | +128.7% |
| Amounts payable after more than one year | 17 | - | €15,173 | +€15,173 | |
| Financial debts | 170/4 | - | €15,173 | +€15,173 | |
| Amounts payable within one year | 42/48 | €22,699 | €36,733 | +€14,034 | +61.8% |
| Current portion of amounts payable after more than one year | 42 | - | €3,155 | +€3,155 | |
| Trade debts | 44 | €19,562 | €25,201 | +€5,640 | +28.8% |
| Suppliers | 440/4 | €19,562 | €25,201 | +€5,640 | +28.8% |
| Taxes, remuneration and social security | 45 | €3,137 | €8,376 | +€5,239 | +167.0% |
| Taxes | 450/3 | €2,931 | €6,070 | +€3,139 | +107.1% |
| Remuneration and social security | 454/9 | €206 | €2,306 | +€2,100 | +1017.3% |
| Turnover | 70 | €462,627 | €473,548 | +€10,920 | +2.4% |
| Non-recurring operating income | 76A | €1,704 | €6,104 | +€4,400 | +258.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €449,408 | €446,059 | -€3,350 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €896 | €4,069 | +€3,173 | +354.3% |
| Other operating charges | 640/8 | €708 | €909 | +€201 | +28.3% |
| Gross operating margin | 9900 | €14,923 | €33,593 | +€18,670 | +125.1% |
| Operating profit (loss) | 9901 | €13,319 | €28,615 | +€15,296 | +114.8% |
| Financial income | 75/76B | €23 | €29 | +€6 | +25.6% |
| Recurring financial income | 75 | €23 | €29 | +€6 | +25.6% |
| Financial charges | 65/66B | €117 | €157 | +€40 | +34.7% |
| Recurring financial charges | 65 | €117 | €157 | +€40 | +34.7% |
| Profit (loss) for the period before taxes | 9903 | €13,226 | €28,487 | +€15,261 | +115.4% |
| Income taxes | 67/77 | €2,931 | €6,070 | +€3,139 | +107.1% |
| Profit (loss) for the period | 9904 | €10,295 | €22,417 | +€12,122 | +117.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,295 | €22,417 | +€12,122 | +117.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.