BPF BUILD: 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.
BPF BUILD
Largest movements
- Receivables within one year -€204,650
down €204,650 (-36.2%), from €564,650 to €360,000
- Short-term financial debts -€200,000
down €200,000 (-50.3%), from €397,700 to €197,700
- Financial charges -€16,082
down €16,082 (-79.9%), from €20,117 to €4,035
- Financial income -€3,981
down €3,981 (-42.1%), from €9,449 to €5,467
- Gross operating margin -€156
down €156 (-4.4%), from -€3,575 to -€3,730
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 | €603,354 | €404,050 | -€199,304 | -33.0% |
| Current assets | 29/58 | €603,354 | €404,050 | -€199,304 | -33.0% |
| Amounts receivable within one year | 40/41 | €564,650 | €360,000 | -€204,650 | -36.2% |
| Other amounts receivable | 41 | €564,650 | €360,000 | -€204,650 | -36.2% |
| Cash at bank and in hand | 54/58 | €272 | €151 | -€122 | -44.7% |
| Deferred charges and accrued income | 490/1 | €38,432 | €43,900 | +€5,467 | +14.2% |
| Total equity and liabilities | 10/49 | €603,354 | €404,050 | -€199,304 | -33.0% |
| Equity | 10/15 | €119,218 | €116,335 | -€2,883 | -2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €151,860 | €151,860 | = | 0.0% |
| Distributable reserves | 133 | €151,860 | €151,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,242 | -€54,125 | -€2,883 | -5.6% |
| Amounts payable | 17/49 | €484,136 | €287,715 | -€196,421 | -40.6% |
| Amounts payable within one year | 42/48 | €402,816 | €202,816 | -€200,000 | -49.7% |
| Financial debts | 43 | €397,700 | €197,700 | -€200,000 | -50.3% |
| Other loans | 439 | €397,700 | €197,700 | -€200,000 | -50.3% |
| Other amounts payable | 47/48 | €5,116 | €5,116 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €81,320 | €84,899 | +€3,579 | +4.4% |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | -€3,575 | -€3,730 | -€156 | -4.4% |
| Operating profit (loss) | 9901 | -€4,144 | -€4,316 | -€172 | -4.2% |
| Financial income | 75/76B | €9,449 | €5,467 | -€3,981 | -42.1% |
| Recurring financial income | 75 | €9,449 | €5,467 | -€3,981 | -42.1% |
| Financial charges | 65/66B | €20,117 | €4,035 | -€16,082 | -79.9% |
| Recurring financial charges | 65 | €20,117 | €4,035 | -€16,082 | -79.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,812 | -€2,883 | +€11,929 | +80.5% |
| Profit (loss) for the period | 9904 | -€14,812 | -€2,883 | +€11,929 | +80.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,812 | -€2,883 | +€11,929 | +80.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.