BUILD-CONSULT: 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.
BUILD-CONSULT
Largest movements
- Receivables within one year +€17,256
up €17,256 (+20.3%), from €85,061 to €102,317
of which Trade receivables: +€21,615
- Cash +€1,971
up €1,971 (+150%), from €1,313 to €3,284
mainly Advances received (+€90,000) and Depreciation (+€3,848)
- Tangible fixed assets +€1,194
up €1,194 (+26.5%), from €4,514 to €5,708
- Advances received +€90,000
new in 2025: €90,000
- Trade debts -€32,047
down €32,047 (-41.1%), from €77,914 to €45,868
- Profit (loss) carried forward -€20,514
down €20,514 (-362%), from -€5,660 to -€26,174
- Tax, wage and social debts -€17,018
down €17,018 (-85.0%), from €20,015 to €2,997
- Gross operating margin -€24,392
down €24,392, from €8,008 to -€16,384
- Financial charges -€2,006
down €2,006 (-82.6%), from €2,429 to €423
- Depreciation +€1,593
up €1,593 (+70.6%), from €2,255 to €3,848
- Financial income +€604
new in 2025: €604
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,270 | €112,691 | +€20,422 | +22.1% |
| Fixed assets | 21/28 | €4,614 | €5,808 | +€1,194 | +25.9% |
| Tangible fixed assets | 22/27 | €4,514 | €5,708 | +€1,194 | +26.5% |
| Furniture and vehicles | 24 | €4,514 | €5,708 | +€1,194 | +26.5% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €87,656 | €106,883 | +€19,227 | +21.9% |
| Amounts receivable within one year | 40/41 | €85,061 | €102,317 | +€17,256 | +20.3% |
| Trade receivables | 40 | - | €21,615 | +€21,615 | |
| Other amounts receivable | 41 | €85,061 | €80,703 | -€4,358 | -5.1% |
| Cash at bank and in hand | 54/58 | €1,313 | €3,284 | +€1,971 | +150% |
| Deferred charges and accrued income | 490/1 | €1,282 | €1,282 | = | 0.0% |
| Total equity and liabilities | 10/49 | €92,270 | €112,691 | +€20,422 | +22.1% |
| Equity | 10/15 | -€5,660 | -€26,174 | -€20,514 | -362% |
| Profit (loss) carried forward | 14 | -€5,660 | -€26,174 | -€20,514 | -362% |
| Amounts payable | 17/49 | €97,929 | €138,865 | +€40,935 | +41.8% |
| Amounts payable within one year | 42/48 | €97,929 | €138,865 | +€40,935 | +41.8% |
| Trade debts | 44 | €77,914 | €45,868 | -€32,047 | -41.1% |
| Suppliers | 440/4 | €77,914 | €45,868 | -€32,047 | -41.1% |
| Advances received on contracts in progress | 46 | - | €90,000 | +€90,000 | |
| Taxes, remuneration and social security | 45 | €20,015 | €2,997 | -€17,018 | -85.0% |
| Taxes | 450/3 | €20,015 | €2,997 | -€17,018 | -85.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,255 | €3,848 | +€1,593 | +70.6% |
| Other operating charges | 640/8 | €230 | €287 | +€57 | +24.8% |
| Gross operating margin | 9900 | €8,008 | -€16,384 | -€24,392 | |
| Operating profit (loss) | 9901 | €5,523 | -€20,519 | -€26,042 | |
| Financial income | 75/76B | - | €604 | +€604 | |
| Recurring financial income | 75 | - | €604 | +€604 | |
| Financial charges | 65/66B | €2,429 | €423 | -€2,006 | -82.6% |
| Recurring financial charges | 65 | €2,429 | €423 | -€2,006 | -82.6% |
| Profit (loss) for the period before taxes | 9903 | €3,094 | -€20,338 | -€23,431 | |
| Income taxes | 67/77 | €140 | €176 | +€37 | +26.2% |
| Profit (loss) for the period | 9904 | €2,954 | -€20,514 | -€23,468 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,954 | -€20,514 | -€23,468 |
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.