BS CONSTRUCT IMMO: 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.
BS CONSTRUCT IMMO
Largest movements
- Tangible fixed assets +€34,690
new in 2025: €34,690
- Receivables within one year +€14,503
up €14,503 (+243.5%), from €5,957 to €20,460
of which Trade receivables: +€10,838
- Cash -€7,731
down €7,731 (-22.8%), from €33,912 to €26,180
mainly Investment in fixed assets (net) (-€43,333) and Receivables within one year (-€14,503)
- Debts after one year +€19,122
new in 2025: €19,122
- Other debts +€12,044
up €12,044 (+1246.7%), from €966 to €13,010
- Trade debts +€8,103
up €8,103 (+785.7%), from €1,031 to €9,135
- Advances received -€5,989
down €5,989 (-100.0%), from €5,989 to €0
- Current portion of long-term debt +€5,767
new in 2025: €5,767
- Depreciation +€8,643
new in 2025: €8,643
- Gross operating margin -€2,706
down €2,706 (-12.5%), from €21,662 to €18,956
- Other operating charges +€1,722
up €1,722 (+359.4%), from €479 to €2,201
- Taxes -€1,602
down €1,602 (-35.8%), from €4,479 to €2,876
- Financial charges +€1,545
up €1,545 (+3675.1%), from €42 to €1,587
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 | €39,938 | €81,701 | +€41,763 | +104.6% |
| Fixed assets | 21/28 | - | €34,690 | +€34,690 | |
| Tangible fixed assets | 22/27 | - | €34,690 | +€34,690 | |
| Furniture and vehicles | 24 | - | €34,690 | +€34,690 | |
| Current assets | 29/58 | €39,938 | €47,011 | +€7,073 | +17.7% |
| Amounts receivable within one year | 40/41 | €5,957 | €20,460 | +€14,503 | +243.5% |
| Trade receivables | 40 | €2,450 | €13,288 | +€10,838 | +442.3% |
| Other amounts receivable | 41 | €3,507 | €7,173 | +€3,666 | +104.5% |
| Cash at bank and in hand | 54/58 | €33,912 | €26,180 | -€7,731 | -22.8% |
| Deferred charges and accrued income | 490/1 | €70 | €371 | +€301 | +432.1% |
| Total equity and liabilities | 10/49 | €39,938 | €81,701 | +€41,763 | +104.6% |
| Equity | 10/15 | €22,663 | €26,312 | +€3,650 | +16.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €16,663 | €20,312 | +€3,650 | +21.9% |
| Distributable reserves | 133 | €16,663 | €20,312 | +€3,650 | +21.9% |
| Amounts payable | 17/49 | €17,276 | €55,389 | +€38,113 | +220.6% |
| Amounts payable after more than one year | 17 | - | €19,122 | +€19,122 | |
| Financial debts | 170/4 | - | €19,122 | +€19,122 | |
| Amounts payable within one year | 42/48 | €17,276 | €36,267 | +€18,991 | +109.9% |
| Current portion of amounts payable after more than one year | 42 | - | €5,767 | +€5,767 | |
| Financial debts | 43 | €6,000 | €6,000 | = | 0.0% |
| Credit institutions | 430/8 | €6,000 | €6,000 | = | 0.0% |
| Trade debts | 44 | €1,031 | €9,135 | +€8,103 | +785.7% |
| Suppliers | 440/4 | €1,031 | €9,135 | +€8,103 | +785.7% |
| Advances received on contracts in progress | 46 | €5,989 | €0 | -€5,989 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,289 | €2,355 | -€934 | -28.4% |
| Taxes | 450/3 | €3,289 | €2,355 | -€934 | -28.4% |
| Other amounts payable | 47/48 | €966 | €13,010 | +€12,044 | +1246.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8,643 | +€8,643 | |
| Other operating charges | 640/8 | €479 | €2,201 | +€1,722 | +359.4% |
| Gross operating margin | 9900 | €21,662 | €18,956 | -€2,706 | -12.5% |
| Operating profit (loss) | 9901 | €21,183 | €8,113 | -€13,070 | -61.7% |
| Financial income | 75/76B | €1 | €0 | -€0 | -86.3% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -86.3% |
| Financial charges | 65/66B | €42 | €1,587 | +€1,545 | +3675.1% |
| Recurring financial charges | 65 | €42 | €1,587 | +€1,545 | +3675.1% |
| Profit (loss) for the period before taxes | 9903 | €21,141 | €6,526 | -€14,615 | -69.1% |
| Income taxes | 67/77 | €4,479 | €2,876 | -€1,602 | -35.8% |
| Profit (loss) for the period | 9904 | €16,663 | €3,650 | -€13,013 | -78.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,663 | €3,650 | -€13,013 | -78.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.