BNN CONSTRUCT: 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.
BNN CONSTRUCT
Largest movements
- Tangible fixed assets -€366,039
down €366,039 (-80.9%), from €452,253 to €86,214
of which Land and buildings: -€406,098
- Receivables within one year +€220,383
up €220,383 (+3,429%), from €6,427 to €226,809
of which Other amounts receivable: +€220,315
- Cash +€140,416
up €140,416 (+144%), from €97,765 to €238,181
mainly Investment in fixed assets (net) (+€343,071) and Net result for the year (+€133,255)
- Reserves +€131,000
up €131,000 (+1,167%), from €11,225 to €142,225
- Debts after one year -€126,863
down €126,863 (-62.4%), from €203,239 to €76,377
- Current portion of long-term debt -€25,755
down €25,755 (-72.7%), from €35,431 to €9,676
- Tax, wage and social debts +€10,799
up €10,799, from €0 to €10,799
- Gross operating margin +€174,244
up €174,244 (+292%), from €59,663 to €233,908
- Taxes +€56,397
up €56,397 (+1,177%), from €4,791 to €61,187
- Financial charges +€7,836
up €7,836 (+141%), from €5,571 to €13,407
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 | €558,667 | €554,430 | -€4,237 | -0.8% |
| Fixed assets | 21/28 | €452,388 | €86,349 | -€366,039 | -80.9% |
| Tangible fixed assets | 22/27 | €452,253 | €86,214 | -€366,039 | -80.9% |
| Land and buildings | 22 | €406,098 | €0 | -€406,098 | -100% |
| Plant, machinery and equipment | 23 | €4,437 | €2,002 | -€2,435 | -54.9% |
| Furniture and vehicles | 24 | €41,718 | €84,212 | +€42,494 | +102% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €106,278 | €468,081 | +€361,803 | +340% |
| Amounts receivable within one year | 40/41 | €6,427 | €226,809 | +€220,383 | +3,429% |
| Trade receivables | 40 | €127 | €195 | +€68 | +53.5% |
| Other amounts receivable | 41 | €6,300 | €226,614 | +€220,315 | +3,497% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €97,765 | €238,181 | +€140,416 | +144% |
| Deferred charges and accrued income | 490/1 | €2,086 | €3,090 | +€1,004 | +48.1% |
| Total equity and liabilities | 10/49 | €558,667 | €554,430 | -€4,237 | -0.8% |
| Equity | 10/15 | €249,542 | €382,797 | +€133,255 | +53.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €11,225 | €142,225 | +€131,000 | +1,167% |
| Distributable reserves | 133 | €11,225 | €142,225 | +€131,000 | +1,167% |
| Profit (loss) carried forward | 14 | €218,317 | €220,572 | +€2,255 | +1.0% |
| Amounts payable | 17/49 | €309,124 | €171,633 | -€137,492 | -44.5% |
| Amounts payable after more than one year | 17 | €203,239 | €76,377 | -€126,863 | -62.4% |
| Financial debts | 170/4 | €203,239 | €76,377 | -€126,863 | -62.4% |
| Amounts payable within one year | 42/48 | €104,385 | €88,935 | -€15,450 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €35,431 | €9,676 | -€25,755 | -72.7% |
| Trade debts | 44 | €901 | €133 | -€768 | -85.3% |
| Suppliers | 440/4 | €901 | €133 | -€768 | -85.3% |
| Taxes, remuneration and social security | 45 | €0 | €10,799 | +€10,799 | |
| Taxes | 450/3 | €0 | €10,799 | +€10,799 | |
| Other amounts payable | 47/48 | €68,053 | €68,327 | +€274 | +0.4% |
| Accrued charges and deferred income | 492/3 | €1,500 | €6,321 | +€4,821 | +321% |
| Non-recurring operating income | 76A | €12,260 | €265,928 | +€253,668 | +2,069% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,099 | €22,969 | -€1,131 | -4.7% |
| Other operating charges | 640/8 | €4,351 | €4,558 | +€207 | +4.8% |
| Non-recurring operating charges | 66A | €11,628 | €0 | -€11,628 | -100% |
| Gross operating margin | 9900 | €59,663 | €233,908 | +€174,244 | +292% |
| Operating profit (loss) | 9901 | €19,584 | €206,381 | +€186,797 | +954% |
| Financial income | 75/76B | €6 | €1,469 | +€1,463 | +24,057% |
| Recurring financial income | 75 | €6 | €1,469 | +€1,463 | +24,057% |
| Financial charges | 65/66B | €5,571 | €13,407 | +€7,836 | +141% |
| Recurring financial charges | 65 | €5,571 | €13,407 | +€7,836 | +141% |
| Profit (loss) for the period before taxes | 9903 | €14,020 | €194,443 | +€180,423 | +1,287% |
| Income taxes | 67/77 | €4,791 | €61,187 | +€56,397 | +1,177% |
| Profit (loss) for the period | 9904 | €9,229 | €133,255 | +€124,026 | +1,344% |
| Profit (loss) for the period to be appropriated | 9905 | €9,229 | €133,255 | +€124,026 | +1,344% |
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 26 October 2026 via checked.be.