BOUWTECHNIEK: what changed
BOUWTECHNIEK
Largest movements
- Cash -€79,410
down €79,410 (-21.5%), from €368,494 to €289,083
mainly Advances received (-€79,653) and Contributions, distributions and other (-€75,000)
- Stocks and contracts +€49,855
up €49,855 (+513%), from €9,714 to €59,569
of which Contracts in progress: +€37,857
- Receivables within one year -€17,797
down €17,797 (-11.9%), from €149,015 to €131,218
of which Other amounts receivable: -€10,267
- Advances received -€79,653
down €79,653 (-47.6%), from €167,200 to €87,548
- Tax, wage and social debts +€18,030
up €18,030 (+16.9%), from €106,686 to €124,716
of which Taxes: +€18,645
- Trade debts +€16,978
up €16,978 (+92.7%), from €18,306 to €35,283
- Gross operating margin -€172,858
down €172,858 (-25.7%), from €672,149 to €499,291
- Taxes -€37,104
down €37,104 (-52.8%), from €70,313 to €33,209
- Staff costs -€27,614
down €27,614 (-6.9%), from €399,613 to €371,999
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €547,821 | €504,774 | -€43,047 | -7.9% |
| Fixed assets | 21/28 | €15,004 | €19,002 | +€3,998 | +26.6% |
| Intangible fixed assets | 21 | €774 | €179 | -€595 | -76.9% |
| Tangible fixed assets | 22/27 | €13,795 | €18,388 | +€4,593 | +33.3% |
| Plant, machinery and equipment | 23 | €8,419 | €12,759 | +€4,340 | +51.6% |
| Furniture and vehicles | 24 | €5,376 | €5,629 | +€253 | +4.7% |
| Financial fixed assets | 28 | €436 | €436 | = | 0.0% |
| Current assets | 29/58 | €532,817 | €485,772 | -€47,045 | -8.8% |
| Stocks and contracts in progress | 3 | €9,714 | €59,569 | +€49,855 | +513% |
| Stocks | 30/36 | €9,714 | €21,712 | +€11,999 | +124% |
| Contracts in progress | 37 | - | €37,857 | +€37,857 | |
| Amounts receivable within one year | 40/41 | €149,015 | €131,218 | -€17,797 | -11.9% |
| Trade receivables | 40 | €134,151 | €126,621 | -€7,530 | -5.6% |
| Other amounts receivable | 41 | €14,864 | €4,597 | -€10,267 | -69.1% |
| Cash at bank and in hand | 54/58 | €368,494 | €289,083 | -€79,410 | -21.5% |
| Deferred charges and accrued income | 490/1 | €5,594 | €5,901 | +€307 | +5.5% |
| Total equity and liabilities | 10/49 | €547,821 | €504,774 | -€43,047 | -7.9% |
| Equity | 10/15 | €105,331 | €109,250 | +€3,918 | +3.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €35,774 | €35,774 | = | 0.0% |
| Tax-exempt reserves | 132 | €774 | €774 | = | 0.0% |
| Distributable reserves | 133 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,558 | €63,476 | +€3,918 | +6.6% |
| Amounts payable | 17/49 | €442,490 | €395,524 | -€46,966 | -10.6% |
| Amounts payable within one year | 42/48 | €442,490 | €395,524 | -€46,966 | -10.6% |
| Trade debts | 44 | €18,306 | €35,283 | +€16,978 | +92.7% |
| Suppliers | 440/4 | €18,306 | €35,283 | +€16,978 | +92.7% |
| Advances received on contracts in progress | 46 | €167,200 | €87,548 | -€79,653 | -47.6% |
| Taxes, remuneration and social security | 45 | €106,686 | €124,716 | +€18,030 | +16.9% |
| Taxes | 450/3 | €82,606 | €101,251 | +€18,645 | +22.6% |
| Remuneration and social security | 454/9 | €24,080 | €23,465 | -€615 | -2.6% |
| Other amounts payable | 47/48 | €150,297 | €147,977 | -€2,321 | -1.5% |
| Remuneration, social security and pensions | 62 | €399,613 | €371,999 | -€27,614 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,705 | €12,801 | -€904 | -6.6% |
| Other operating charges | 640/8 | €3,410 | €2,386 | -€1,024 | -30.0% |
| Gross operating margin | 9900 | €672,149 | €499,291 | -€172,858 | -25.7% |
| Operating profit (loss) | 9901 | €255,421 | €112,105 | -€143,317 | -56.1% |
| Financial income | 75/76B | €146 | €440 | +€295 | +202% |
| Recurring financial income | 75 | €146 | €440 | +€295 | +202% |
| Financial charges | 65/66B | €630 | €418 | -€213 | -33.8% |
| Recurring financial charges | 65 | €630 | €418 | -€213 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | €254,937 | €112,128 | -€142,809 | -56.0% |
| Income taxes | 67/77 | €70,313 | €33,209 | -€37,104 | -52.8% |
| Profit (loss) for the period | 9904 | €184,623 | €78,918 | -€105,705 | -57.3% |
| Profit (loss) for the period to be appropriated | 9905 | €184,623 | €78,918 | -€105,705 | -57.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.