BOUWONDERNEMING VERFAILLIE: 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.
BOUWONDERNEMING VERFAILLIE
Largest movements
- Cash +€43,344
up €43,344 (+311%), from €13,915 to €57,260
mainly Net result for the year (+€40,009) and Depreciation (+€34,410)
- Receivables within one year -€23,607
down €23,607 (-58.9%), from €40,050 to €16,444
of which Trade receivables: -€16,771
- Tangible fixed assets +€18,535
up €18,535 (+22.5%), from €82,521 to €101,055
of which Furniture and vehicles: +€34,588
- Stocks and contracts -€12,047
down €12,047 (-11.0%), from €110,010 to €97,963
of which Contracts in progress: -€15,000
- Reserves +€40,009
up €40,009 (+41.1%), from €97,258 to €137,267
- Trade debts -€21,363
down €21,363 (-54.4%), from €39,252 to €17,889
- Current portion of long-term debt +€5,327
up €5,327 (+35.0%), from €15,210 to €20,536
- Gross operating margin +€48,854
up €48,854 (+14.1%), from €346,207 to €395,061
- Financial income -€23,720
down €23,720 (-99.0%), from €23,951 to €232
of which Non-recurring financial income: -€23,481
- Staff costs +€17,561
up €17,561 (+6.4%), from €276,314 to €293,875
- Taxes +€7,777
up €7,777 (+105%), from €7,401 to €15,178
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 | €249,907 | €276,371 | +€26,464 | +10.6% |
| Fixed assets | 21/28 | €82,829 | €101,364 | +€18,535 | +22.4% |
| Tangible fixed assets | 22/27 | €82,521 | €101,055 | +€18,535 | +22.5% |
| Plant, machinery and equipment | 23 | €26,206 | €10,153 | -€16,053 | -61.3% |
| Furniture and vehicles | 24 | €56,315 | €90,902 | +€34,588 | +61.4% |
| Financial fixed assets | 28 | €309 | €309 | = | 0.0% |
| Current assets | 29/58 | €167,078 | €175,007 | +€7,930 | +4.7% |
| Stocks and contracts in progress | 3 | €110,010 | €97,963 | -€12,047 | -11.0% |
| Stocks | 30/36 | €30,010 | €32,963 | +€2,953 | +9.8% |
| Contracts in progress | 37 | €80,000 | €65,000 | -€15,000 | -18.8% |
| Amounts receivable within one year | 40/41 | €40,050 | €16,444 | -€23,607 | -58.9% |
| Trade receivables | 40 | €17,842 | €1,071 | -€16,771 | -94.0% |
| Other amounts receivable | 41 | €22,209 | €15,373 | -€6,836 | -30.8% |
| Cash at bank and in hand | 54/58 | €13,915 | €57,260 | +€43,344 | +311% |
| Deferred charges and accrued income | 490/1 | €3,102 | €3,341 | +€239 | +7.7% |
| Total equity and liabilities | 10/49 | €249,907 | €276,371 | +€26,464 | +10.6% |
| Equity | 10/15 | €109,667 | €149,676 | +€40,009 | +36.5% |
| Contributions | 10/11 | €12,409 | €12,409 | = | 0.0% |
| Reserves | 13 | €97,258 | €137,267 | +€40,009 | +41.1% |
| Distributable reserves | 133 | €97,258 | €137,267 | +€40,009 | +41.1% |
| Amounts payable | 17/49 | €140,240 | €126,695 | -€13,544 | -9.7% |
| Amounts payable after more than one year | 17 | €41,888 | €42,658 | +€770 | +1.8% |
| Financial debts | 170/4 | €41,888 | €42,658 | +€770 | +1.8% |
| Amounts payable within one year | 42/48 | €96,881 | €82,474 | -€14,407 | -14.9% |
| Current portion of amounts payable after more than one year | 42 | €15,210 | €20,536 | +€5,327 | +35.0% |
| Trade debts | 44 | €39,252 | €17,889 | -€21,363 | -54.4% |
| Suppliers | 440/4 | €39,252 | €17,889 | -€21,363 | -54.4% |
| Taxes, remuneration and social security | 45 | €21,651 | €22,088 | +€437 | +2.0% |
| Taxes | 450/3 | €5,865 | €5,139 | -€726 | -12.4% |
| Remuneration and social security | 454/9 | €15,786 | €16,949 | +€1,163 | +7.4% |
| Other amounts payable | 47/48 | €20,768 | €21,961 | +€1,193 | +5.7% |
| Accrued charges and deferred income | 492/3 | €1,470 | €1,563 | +€93 | +6.3% |
| Remuneration, social security and pensions | 62 | €276,314 | €293,875 | +€17,561 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,558 | €34,410 | +€2,852 | +9.0% |
| Other operating charges | 640/8 | €1,898 | €1,485 | -€413 | -21.8% |
| Gross operating margin | 9900 | €346,207 | €395,061 | +€48,854 | +14.1% |
| Operating profit (loss) | 9901 | €36,437 | €65,292 | +€28,854 | +79.2% |
| Financial income | 75/76B | €23,951 | €232 | -€23,720 | -99.0% |
| Recurring financial income | 75 | €470 | €232 | -€238 | -50.7% |
| Non-recurring financial income | 76B | €23,481 | - | -€23,481 | |
| Financial charges | 65/66B | €10,371 | €10,336 | -€35 | -0.3% |
| Recurring financial charges | 65 | €10,371 | €10,336 | -€35 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €50,017 | €55,187 | +€5,170 | +10.3% |
| Income taxes | 67/77 | €7,401 | €15,178 | +€7,777 | +105% |
| Profit (loss) for the period | 9904 | €42,616 | €40,009 | -€2,607 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,616 | €40,009 | -€2,607 | -6.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.