BUA 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.
What changed
BUA BUILDING
NACE 41.003, General construction of other non-residential buildings
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€192,921
2024 · €181,154-€374,075
Equity
-€90,724
2024 · €102,197-€192,921
Cash
€5
2024 · €4+€0
Balance sheet total
€3.0m
2024 · €2.9m+€94,804
Largest movements
Assets
- Stocks and contracts +€436,562
up €436,562 (+30.4%), from €1.4m to €1.9m
- Receivables within one year -€342,220
down €342,220 (-25.0%), from €1.4m to €1.0m
of which Trade receivables: -€459,818
Equity and liabilities
- Trade debts +€218,955
up €218,955 (+32.0%), from €685,305 to €904,260
- Profit (loss) carried forward -€192,921
down €192,921, from €69,197 to -€123,724
- Advances received +€136,859
up €136,859 (+11.9%), from €1.2m to €1.3m
- Debts after one year -€87,589
down €87,589 (-12.2%), from €715,161 to €627,573
Income statement
- Gross operating margin -€736,348
down €736,348, from €585,751 to -€150,597
- Write-downs -€399,978
down €399,978 (-100%), from €399,978 to €0
- Other operating charges +€27,786
up €27,786 (+1,097%), from €2,532 to €30,318
- Financial income -€13,987
down €13,987 (-100.0%), from €13,989 to €2
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.
Result 2024
€181,154
Gross operating margin
-€736,348
Depreciation
-€1,682
Write-downs
+€399,978
Other operating charges
-€27,786
Financial income
-€13,987
Financial charges
+€2,858
Taxes
+€2,893
Result 2025
-€192,921
raises the resultlowers the result
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.
From operations
+€99,611
Investment
-€12,022
Financing
-€87,589
Cash 2024
€4
From operations (derived)
+€99,611
Net result for the year
-€192,921
Depreciation
+€8,268
Stocks and contracts
-€436,562
Receivables within one year
+€342,220
Deferred charges and accrued income
+€3,292
Trade debts
+€218,955
Tax, wage and social debts
+€19,500
Advances received
+€136,859
Investment (derived)
-€12,022
Investment in fixed assets (net)
-€12,022
Financing
-€87,589
Debts after one year
-€87,589
Cash 2025
€5
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,889,853 | €2,984,657 | +€94,804 | +3.3% |
| Fixed assets | 21/28 | €80,473 | €84,228 | +€3,754 | +4.7% |
| Intangible fixed assets | 21 | €1,355 | €245 | -€1,110 | -81.9% |
| Tangible fixed assets | 22/27 | €79,118 | €83,983 | +€4,864 | +6.1% |
| Plant, machinery and equipment | 23 | €65,000 | €60,000 | -€5,000 | -7.7% |
| Furniture and vehicles | 24 | - | €9,864 | +€9,864 | |
| Other tangible fixed assets | 26 | €14,118 | €14,118 | = | 0.0% |
| Current assets | 29/58 | €2,809,379 | €2,900,429 | +€91,050 | +3.2% |
| Stocks and contracts in progress | 3 | €1,437,139 | €1,873,701 | +€436,562 | +30.4% |
| Stocks | 30/36 | €1,437,139 | €1,873,701 | +€436,562 | +30.4% |
| Amounts receivable within one year | 40/41 | €1,366,371 | €1,024,151 | -€342,220 | -25.0% |
| Trade receivables | 40 | €1,005,063 | €545,245 | -€459,818 | -45.8% |
| Other amounts receivable | 41 | €361,308 | €478,907 | +€117,598 | +32.5% |
| Cash at bank and in hand | 54/58 | €4 | €5 | +€0 | +1.8% |
| Deferred charges and accrued income | 490/1 | €5,865 | €2,573 | -€3,292 | -56.1% |
| Total equity and liabilities | 10/49 | €2,889,853 | €2,984,657 | +€94,804 | +3.3% |
| Equity | 10/15 | €102,197 | -€90,724 | -€192,921 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,197 | -€123,724 | -€192,921 | |
| Amounts payable | 17/49 | €2,787,656 | €3,075,381 | +€287,725 | +10.3% |
| Amounts payable after more than one year | 17 | €715,161 | €627,573 | -€87,589 | -12.2% |
| Financial debts | 170/4 | €715,161 | €627,573 | -€87,589 | -12.2% |
| Amounts payable within one year | 42/48 | €2,072,495 | €2,447,809 | +€375,314 | +18.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €685,305 | €904,260 | +€218,955 | +32.0% |
| Suppliers | 440/4 | €685,305 | €904,260 | +€218,955 | +32.0% |
| Advances received on contracts in progress | 46 | €1,152,182 | €1,289,041 | +€136,859 | +11.9% |
| Taxes, remuneration and social security | 45 | €21,508 | €41,008 | +€19,500 | +90.7% |
| Taxes | 450/3 | €21,508 | €41,008 | +€19,500 | +90.7% |
| Other amounts payable | 47/48 | €213,500 | €213,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,586 | €8,268 | +€1,682 | +25.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €399,978 | €0 | -€399,978 | -100% |
| Other operating charges | 640/8 | €2,532 | €30,318 | +€27,786 | +1,097% |
| Gross operating margin | 9900 | €585,751 | -€150,597 | -€736,348 | |
| Operating profit (loss) | 9901 | €176,655 | -€189,183 | -€365,838 | |
| Financial income | 75/76B | €13,989 | €2 | -€13,987 | -100.0% |
| Recurring financial income | 75 | €13,989 | €2 | -€13,987 | -100.0% |
| Financial charges | 65/66B | €4,041 | €1,183 | -€2,858 | -70.7% |
| Recurring financial charges | 65 | €4,041 | €1,183 | -€2,858 | -70.7% |
| Profit (loss) for the period before taxes | 9903 | €186,603 | -€190,365 | -€376,968 | |
| Income taxes | 67/77 | €5,449 | €2,556 | -€2,893 | -53.1% |
| Profit (loss) for the period | 9904 | €181,154 | -€192,921 | -€374,075 | |
| Profit (loss) for the period to be appropriated | 9905 | €181,154 | -€192,921 | -€374,075 |
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 19 October 2026 via checked.be.