BOD 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.
BOD CONSTRUCT
Largest movements
- Tangible fixed assets +€41,306
up €41,306 (+278.3%), from €14,841 to €56,146
of which Furniture and vehicles: +€38,771
- Receivables within one year +€23,619
up €23,619 (+206.3%), from €11,450 to €35,070
of which Trade receivables: +€22,877
- Cash -€11,001
down €11,001 (-77.2%), from €14,248 to €3,247
mainly Investment in fixed assets (net) (-€46,425) and Receivables within one year (-€23,619)
- Reserves +€19,901
up €19,901 (+315.9%), from €6,300 to €26,201
- Trade debts +€19,472
new in 2025: €19,472
- Tax, wage and social debts +€15,470
new in 2025: €15,470
- Debts after one year +€9,623
new in 2025: €9,623
- Other debts -€7,638
no longer reported in 2025 (was €7,638)
- Gross operating margin +€49,619
up €49,619 (+326.4%), from €15,203 to €64,822
- Staff costs +€28,982
new in 2025: €28,982
- Taxes +€5,034
up €5,034 (+203.4%), from €2,474 to €7,508
- Depreciation +€3,320
up €3,320 (+184.4%), from €1,800 to €5,120
- Financial charges +€2,754
up €2,754 (+5179.0%), from €53 to €2,807
of which Non-recurring financial charges: +€2,209
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 | €40,538 | €94,463 | +€53,924 | +133.0% |
| Fixed assets | 21/28 | €14,841 | €56,146 | +€41,306 | +278.3% |
| Tangible fixed assets | 22/27 | €14,841 | €56,146 | +€41,306 | +278.3% |
| Plant, machinery and equipment | 23 | €1,594 | €4,128 | +€2,535 | +159.1% |
| Furniture and vehicles | 24 | €13,247 | €52,018 | +€38,771 | +292.7% |
| Current assets | 29/58 | €25,698 | €38,316 | +€12,619 | +49.1% |
| Amounts receivable within one year | 40/41 | €11,450 | €35,070 | +€23,619 | +206.3% |
| Trade receivables | 40 | €7,697 | €30,574 | +€22,877 | +297.2% |
| Other amounts receivable | 41 | €3,753 | €4,495 | +€743 | +19.8% |
| Cash at bank and in hand | 54/58 | €14,248 | €3,247 | -€11,001 | -77.2% |
| Total equity and liabilities | 10/49 | €40,538 | €94,463 | +€53,924 | +133.0% |
| Equity | 10/15 | €24,900 | €44,801 | +€19,901 | +79.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,300 | €26,201 | +€19,901 | +315.9% |
| Distributable reserves | 133 | €6,300 | €26,201 | +€19,901 | +315.9% |
| Amounts payable | 17/49 | €15,638 | €49,662 | +€34,023 | +217.6% |
| Amounts payable after more than one year | 17 | - | €9,623 | +€9,623 | |
| Financial debts | 170/4 | - | €9,623 | +€9,623 | |
| Amounts payable within one year | 42/48 | €15,638 | €40,038 | +€24,400 | +156.0% |
| Current portion of amounts payable after more than one year | 42 | €8,000 | €5,096 | -€2,904 | -36.3% |
| Trade debts | 44 | - | €19,472 | +€19,472 | |
| Suppliers | 440/4 | - | €19,472 | +€19,472 | |
| Taxes, remuneration and social security | 45 | - | €15,470 | +€15,470 | |
| Taxes | 450/3 | - | €15,470 | +€15,470 | |
| Other amounts payable | 47/48 | €7,638 | - | -€7,638 | |
| Remuneration, social security and pensions | 62 | - | €28,982 | +€28,982 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,800 | €5,120 | +€3,320 | +184.4% |
| Other operating charges | 640/8 | - | €620 | +€620 | |
| Gross operating margin | 9900 | €15,203 | €64,822 | +€49,619 | +326.4% |
| Operating profit (loss) | 9901 | €13,403 | €30,101 | +€16,698 | +124.6% |
| Financial income | 75/76B | - | €116 | +€116 | |
| Recurring financial income | 75 | - | €116 | +€116 | |
| Financial charges | 65/66B | €53 | €2,807 | +€2,754 | +5179.0% |
| Recurring financial charges | 65 | €53 | €599 | +€545 | +1025.7% |
| Non-recurring financial charges | 66B | - | €2,209 | +€2,209 | |
| Profit (loss) for the period before taxes | 9903 | €13,349 | €27,409 | +€14,060 | +105.3% |
| Income taxes | 67/77 | €2,474 | €7,508 | +€5,034 | +203.4% |
| Profit (loss) for the period | 9904 | €10,875 | €19,901 | +€9,026 | +83.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,875 | €19,901 | +€9,026 | +83.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.