BOBUILD: 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.
What changed
BOBUILD
NACE 68.122, Development of non-residential building projects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€60
2024 · -€4,953+€4,893
Equity
-€347,557
2024 · -€347,497-€60
Cash
€179
2024 · €1,233-€1,054
Balance sheet total
€696,559
2024 · €722,760-€26,201
Largest movements
Assets
- Tangible fixed assets -€25,154
down €25,154 (-3.6%), from €707,249 to €682,095
Equity and liabilities
- Debts after one year -€34,276
down €34,276 (-11.1%), from €308,294 to €274,018
Income statement
- Financial charges -€7,616
down €7,616 (-38.7%), from €19,687 to €12,071
- Gross operating margin -€2,655
down €2,655 (-6.3%), from €42,053 to €39,398
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.
Result 2024
-€4,953
Gross operating margin
-€2,655
Other operating charges
-€68
Financial charges
+€7,616
Result 2025
-€60
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.
From operations
+€27,776
Investment
€0
Financing
-€28,831
Cash 2024
€1,233
From operations (derived)
+€27,776
Net result for the year
-€60
Depreciation
+€25,154
Smaller working-capital items
+€58
Trade debts
-€129
Other debts
+€2,894
Accrued charges and deferred income
-€140
Financing
-€28,831
Debts after one year
-€34,276
Current portion of long-term debt
+€2,637
Short-term financial debts
+€2,808
Cash 2025
€179
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €722,760 | €696,559 | -€26,201 | -3.6% |
| Fixed assets | 21/28 | €707,249 | €682,095 | -€25,154 | -3.6% |
| Tangible fixed assets | 22/27 | €707,249 | €682,095 | -€25,154 | -3.6% |
| Land and buildings | 22 | €707,249 | €682,095 | -€25,154 | -3.6% |
| Current assets | 29/58 | €15,511 | €14,464 | -€1,047 | -6.8% |
| Amounts receivable within one year | 40/41 | €14,278 | €14,285 | +€7 | 0.0% |
| Trade receivables | 40 | €14,278 | €14,278 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €7 | +€7 | |
| Cash at bank and in hand | 54/58 | €1,233 | €179 | -€1,054 | -85.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €722,760 | €696,559 | -€26,201 | -3.6% |
| Equity | 10/15 | -€347,497 | -€347,557 | -€60 | 0.0% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€353,702 | -€353,762 | -€60 | 0.0% |
| Amounts payable | 17/49 | €1,070,257 | €1,044,116 | -€26,141 | -2.4% |
| Amounts payable after more than one year | 17 | €308,294 | €274,018 | -€34,276 | -11.1% |
| Financial debts | 170/4 | €308,294 | €274,018 | -€34,276 | -11.1% |
| Amounts payable within one year | 42/48 | €755,523 | €763,798 | +€8,275 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €30,499 | €33,136 | +€2,637 | +8.6% |
| Financial debts | 43 | - | €2,808 | +€2,808 | |
| Credit institutions | 430/8 | - | €2,808 | +€2,808 | |
| Trade debts | 44 | €2,083 | €1,954 | -€129 | -6.2% |
| Suppliers | 440/4 | €2,083 | €1,954 | -€129 | -6.2% |
| Taxes, remuneration and social security | 45 | €4,650 | €4,715 | +€65 | +1.4% |
| Taxes | 450/3 | €4,650 | €4,715 | +€65 | +1.4% |
| Other amounts payable | 47/48 | €718,291 | €721,184 | +€2,894 | +0.4% |
| Accrued charges and deferred income | 492/3 | €6,440 | €6,300 | -€140 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,154 | €25,154 | = | 0.0% |
| Other operating charges | 640/8 | €2,166 | €2,233 | +€68 | +3.1% |
| Gross operating margin | 9900 | €42,053 | €39,398 | -€2,655 | -6.3% |
| Operating profit (loss) | 9901 | €14,734 | €12,011 | -€2,723 | -18.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €19,687 | €12,071 | -€7,616 | -38.7% |
| Recurring financial charges | 65 | €19,687 | €12,071 | -€7,616 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,953 | -€60 | +€4,893 | +98.8% |
| Profit (loss) for the period | 9904 | -€4,953 | -€60 | +€4,893 | +98.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,953 | -€60 | +€4,893 | +98.8% |
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 8 October 2026 via checked.be.