BORODICONSTRUCT: 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.
BORODICONSTRUCT
Largest movements
- Tangible fixed assets -€15,107
down €15,107 (-31.0%), from €48,787 to €33,680
- Receivables within one year -€12,119
down €12,119 (-4.6%), from €261,931 to €249,812
of which Trade receivables: -€37,925
- Trade debts -€68,922
down €68,922 (-26.3%), from €261,646 to €192,724
of which Bills of exchange payable: -€220,980
- Tax, wage and social debts +€46,250
up €46,250 (+792.5%), from €5,836 to €52,086
- Profit (loss) carried forward +€14,992
up €14,992 (+78.9%), from €18,991 to €33,983
- Current portion of long-term debt -€14,740
no longer reported in 2024 (was €14,740)
- Turnover +€437,218
up €437,218 (+45.4%), from €963,166 to €1.4m
- Purchases and services +€428,786
up €428,786 (+46.2%), from €928,367 to €1.4m
- Depreciation -€14,459
down €14,459 (-66.7%), from €21,681 to €7,222
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €341,507 | €317,661 | -€23,847 | -7.0% |
| Fixed assets | 21/28 | €49,089 | €33,982 | -€15,107 | -30.8% |
| Tangible fixed assets | 22/27 | €48,787 | €33,680 | -€15,107 | -31.0% |
| Furniture and vehicles | 24 | €48,787 | €33,680 | -€15,107 | -31.0% |
| Financial fixed assets | 28 | €303 | €303 | = | 0.0% |
| Current assets | 29/58 | €292,418 | €283,678 | -€8,740 | -3.0% |
| Amounts receivable within one year | 40/41 | €261,931 | €249,812 | -€12,119 | -4.6% |
| Trade receivables | 40 | €222,421 | €184,496 | -€37,925 | -17.1% |
| Other amounts receivable | 41 | €39,510 | €65,316 | +€25,806 | +65.3% |
| Cash at bank and in hand | 54/58 | €30,487 | €33,866 | +€3,379 | +11.1% |
| Total equity and liabilities | 10/49 | €341,507 | €317,661 | -€23,847 | -7.0% |
| Equity | 10/15 | €26,491 | €41,483 | +€14,992 | +56.6% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Capital | 10 | €6,500 | €6,500 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,100 | €12,100 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Legal reserve | 130 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,991 | €33,983 | +€14,992 | +78.9% |
| Amounts payable | 17/49 | €315,016 | €276,178 | -€38,838 | -12.3% |
| Amounts payable after more than one year | 17 | €32,793 | €31,367 | -€1,426 | -4.3% |
| Financial debts | 170/4 | €32,793 | €31,367 | -€1,426 | -4.3% |
| Amounts payable within one year | 42/48 | €282,223 | €244,810 | -€37,413 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €14,740 | - | -€14,740 | |
| Trade debts | 44 | €261,646 | €192,724 | -€68,922 | -26.3% |
| Suppliers | 440/4 | €40,666 | €192,724 | +€152,058 | +373.9% |
| Bills of exchange payable | 441 | €220,980 | - | -€220,980 | |
| Taxes, remuneration and social security | 45 | €5,836 | €52,086 | +€46,250 | +792.5% |
| Taxes | 450/3 | €5,836 | €52,086 | +€46,250 | +792.5% |
| Turnover | 70 | €963,166 | €1,400,383 | +€437,218 | +45.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €928,367 | €1,357,153 | +€428,786 | +46.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,681 | €7,222 | -€14,459 | -66.7% |
| Other operating charges | 640/8 | €384 | €2,643 | +€2,259 | +587.5% |
| Non-recurring operating charges | 66A | - | €10,227 | +€10,227 | |
| Gross operating margin | 9900 | €34,799 | €43,480 | +€8,681 | +24.9% |
| Operating profit (loss) | 9901 | €12,733 | €23,388 | +€10,655 | +83.7% |
| Financial income | 75/76B | €539 | €1,293 | +€754 | +139.8% |
| Recurring financial income | 75 | €539 | €1,293 | +€754 | +139.8% |
| Financial charges | 65/66B | €2,291 | €354 | -€1,937 | -84.5% |
| Recurring financial charges | 65 | €2,291 | €354 | -€1,937 | -84.5% |
| Profit (loss) for the period before taxes | 9903 | €10,981 | €24,326 | +€13,345 | +121.5% |
| Income taxes | 67/77 | €4,196 | €9,334 | +€5,139 | +122.5% |
| Profit (loss) for the period | 9904 | €6,785 | €14,992 | +€8,207 | +120.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,785 | €14,992 | +€8,207 | +120.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.