BLDNG: 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.
BLDNG
Largest movements
- Tangible fixed assets -€127,033
down €127,033 (-6.6%), from €1.9m to €1.8m
of which Land and buildings: -€108,283
- Debts after one year -€110,730
down €110,730 (-6.1%), from €1.8m to €1.7m
- Gross operating margin -€4,100
down €4,100 (-2.3%), from €179,165 to €175,065
- Financial charges -€1,980
down €1,980 (-5.3%), from €37,409 to €35,429
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 | €2,016,065 | €1,904,301 | -€111,763 | -5.5% |
| Fixed assets | 21/28 | €1,931,422 | €1,804,389 | -€127,033 | -6.6% |
| Tangible fixed assets | 22/27 | €1,931,422 | €1,804,389 | -€127,033 | -6.6% |
| Land and buildings | 22 | €1,838,134 | €1,729,852 | -€108,283 | -5.9% |
| Other tangible fixed assets | 26 | €93,288 | €74,538 | -€18,750 | -20.1% |
| Current assets | 29/58 | €84,643 | €99,912 | +€15,269 | +18.0% |
| Amounts receivable within one year | 40/41 | €42,922 | €47,584 | +€4,662 | +10.9% |
| Other amounts receivable | 41 | €42,922 | €47,584 | +€4,662 | +10.9% |
| Cash at bank and in hand | 54/58 | €36,269 | €47,135 | +€10,866 | +30.0% |
| Deferred charges and accrued income | 490/1 | €5,452 | €5,193 | -€258 | -4.7% |
| Total equity and liabilities | 10/49 | €2,016,065 | €1,904,301 | -€111,763 | -5.5% |
| Equity | 10/15 | €78,107 | €76,017 | -€2,090 | -2.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,893 | -€23,983 | -€2,090 | -9.5% |
| Amounts payable | 17/49 | €1,937,957 | €1,828,284 | -€109,673 | -5.7% |
| Amounts payable after more than one year | 17 | €1,821,958 | €1,711,228 | -€110,730 | -6.1% |
| Financial debts | 170/4 | €1,821,958 | €1,711,228 | -€110,730 | -6.1% |
| Amounts payable within one year | 42/48 | €116,000 | €117,056 | +€1,057 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €108,705 | €110,730 | +€2,025 | +1.9% |
| Trade debts | 44 | €1,274 | €385 | -€889 | -69.8% |
| Suppliers | 440/4 | €1,274 | €385 | -€889 | -69.8% |
| Taxes, remuneration and social security | 45 | €6,021 | €5,904 | -€117 | -1.9% |
| Taxes | 450/3 | €6,021 | €5,904 | -€117 | -1.9% |
| Other amounts payable | 47/48 | - | €37 | +€37 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127,033 | €127,033 | -€0 | 0.0% |
| Other operating charges | 640/8 | €14,543 | €14,693 | +€150 | +1.0% |
| Gross operating margin | 9900 | €179,165 | €175,065 | -€4,100 | -2.3% |
| Operating profit (loss) | 9901 | €37,589 | €33,340 | -€4,250 | -11.3% |
| Financial charges | 65/66B | €37,409 | €35,429 | -€1,980 | -5.3% |
| Recurring financial charges | 65 | €37,409 | €35,429 | -€1,980 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €180 | -€2,090 | -€2,270 | |
| Profit (loss) for the period | 9904 | €180 | -€2,090 | -€2,270 | |
| Profit (loss) for the period to be appropriated | 9905 | €180 | -€2,090 | -€2,270 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.