BRICK BUILDING: 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.
BRICK BUILDING
Largest movements
- Stocks and contracts -€826,323
no longer reported in 2025 (was €826,323)
- Tangible fixed assets +€694,573
up €694,573 (+121.8%), from €570,346 to €1.3m
of which Land and buildings: +€699,436
- Receivables within one year +€241,313
up €241,313 (+163.1%), from €147,954 to €389,266
of which Other amounts receivable: +€242,426
- Debts after one year +€599,152
up €599,152 (+160.9%), from €372,427 to €971,579
- Short-term financial debts -€392,000
no longer reported in 2025 (was €392,000)
- Other debts -€98,211
down €98,211 (-6.9%), from €1.4m to €1.3m
- Tax, wage and social debts -€47,656
down €47,656 (-45.2%), from €105,353 to €57,697
of which Taxes: -€47,656
- Gross operating margin -€293,305
down €293,305 (-67.2%), from €436,272 to €142,967
- Taxes -€60,373
down €60,373 (-83.2%), from €72,520 to €12,147
- Financial charges -€50,566
down €50,566 (-42.3%), from €119,539 to €68,973
- Other operating charges -€47,564
down €47,564 (-85.3%), from €55,788 to €8,224
- Depreciation -€13,623
down €13,623 (-21.6%), from €63,098 to €49,475
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 | €3,439,596 | €3,508,254 | +€68,658 | +2.0% |
| Fixed assets | 21/28 | €2,399,839 | €3,094,411 | +€694,573 | +28.9% |
| Tangible fixed assets | 22/27 | €570,346 | €1,264,918 | +€694,573 | +121.8% |
| Land and buildings | 22 | €560,454 | €1,259,891 | +€699,436 | +124.8% |
| Furniture and vehicles | 24 | €9,891 | €5,028 | -€4,863 | -49.2% |
| Financial fixed assets | 28 | €1,829,493 | €1,829,493 | = | 0.0% |
| Current assets | 29/58 | €1,039,758 | €413,843 | -€625,915 | -60.2% |
| Stocks and contracts in progress | 3 | €826,323 | - | -€826,323 | |
| Stocks | 30/36 | €826,323 | - | -€826,323 | |
| Amounts receivable within one year | 40/41 | €147,954 | €389,266 | +€241,313 | +163.1% |
| Trade receivables | 40 | €1,113 | - | -€1,113 | |
| Other amounts receivable | 41 | €146,840 | €389,266 | +€242,426 | +165.1% |
| Cash at bank and in hand | 54/58 | €42,925 | €9,838 | -€33,087 | -77.1% |
| Deferred charges and accrued income | 490/1 | €22,556 | €14,739 | -€7,818 | -34.7% |
| Total equity and liabilities | 10/49 | €3,439,596 | €3,508,254 | +€68,658 | +2.0% |
| Equity | 10/15 | €1,015,194 | €1,029,820 | +€14,626 | +1.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €990,194 | €1,004,820 | +€14,626 | +1.5% |
| Tax-exempt reserves | 132 | €103,713 | €101,758 | -€1,955 | -1.9% |
| Distributable reserves | 133 | €886,482 | €903,062 | +€16,580 | +1.9% |
| Provisions and deferred taxes | 16 | €34,571 | €33,919 | -€652 | -1.9% |
| Deferred taxes | 168 | €34,571 | €33,919 | -€652 | -1.9% |
| Amounts payable | 17/49 | €2,389,831 | €2,444,515 | +€54,683 | +2.3% |
| Amounts payable after more than one year | 17 | €372,427 | €971,579 | +€599,152 | +160.9% |
| Financial debts | 170/4 | €372,427 | €971,579 | +€599,152 | +160.9% |
| Amounts payable within one year | 42/48 | €2,016,879 | €1,469,797 | -€547,082 | -27.1% |
| Current portion of amounts payable after more than one year | 42 | €28,568 | €51,171 | +€22,604 | +79.1% |
| Financial debts | 43 | €392,000 | - | -€392,000 | |
| Credit institutions | 430/8 | €392,000 | - | -€392,000 | |
| Trade debts | 44 | €65,639 | €35,001 | -€30,638 | -46.7% |
| Suppliers | 440/4 | €65,639 | €35,001 | -€30,638 | -46.7% |
| Advances received on contracts in progress | 46 | €1,180 | - | -€1,180 | |
| Taxes, remuneration and social security | 45 | €105,353 | €57,697 | -€47,656 | -45.2% |
| Taxes | 450/3 | €72,728 | €25,072 | -€47,656 | -65.5% |
| Remuneration and social security | 454/9 | €32,625 | €32,625 | = | 0.0% |
| Other amounts payable | 47/48 | €1,424,140 | €1,325,929 | -€98,211 | -6.9% |
| Accrued charges and deferred income | 492/3 | €525 | €3,138 | +€2,613 | +497.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,098 | €49,475 | -€13,623 | -21.6% |
| Other operating charges | 640/8 | €55,788 | €8,224 | -€47,564 | -85.3% |
| Gross operating margin | 9900 | €436,272 | €142,967 | -€293,305 | -67.2% |
| Operating profit (loss) | 9901 | €317,386 | €85,267 | -€232,119 | -73.1% |
| Financial income | 75/76B | €3,889 | €9,827 | +€5,938 | +152.7% |
| Recurring financial income | 75 | €3,889 | €9,827 | +€5,938 | +152.7% |
| Financial charges | 65/66B | €119,539 | €68,973 | -€50,566 | -42.3% |
| Recurring financial charges | 65 | €119,539 | €68,973 | -€50,566 | -42.3% |
| Profit (loss) for the period before taxes | 9903 | €201,736 | €26,122 | -€175,614 | -87.1% |
| Transfer from deferred taxes | 780 | - | €652 | +€652 | |
| Income taxes | 67/77 | €72,520 | €12,147 | -€60,373 | -83.2% |
| Profit (loss) for the period | 9904 | €129,216 | €14,626 | -€114,590 | -88.7% |
| Transfer from tax-exempt reserves | 789 | - | €1,955 | +€1,955 | |
| Profit (loss) for the period to be appropriated | 9905 | €129,216 | €16,580 | -€112,636 | -87.2% |
Source: filed annual accounts (NBB), financial years ended 27 September 2024 and 27 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.