BUILD DIFFERENT: what changed
BUILD DIFFERENT
Largest movements
- Cash -€103,862
down €103,862 (-37.7%), from €275,424 to €171,563
mainly Stocks and contracts (-€79,013) and Receivables within one year (-€17,498)
- Stocks and contracts +€79,013
up €79,013 (+19.2%), from €411,559 to €490,571
- Receivables within one year +€17,498
up €17,498 (+345%), from €5,066 to €22,563
of which Other amounts receivable: +€17,498
- Profit (loss) carried forward -€14,126
down €14,126 (-242%), from -€5,838 to -€19,965
- Financial income -€6,928
down €6,928 (-80.8%), from €8,576 to €1,648
- Other operating charges -€514
down €514 (-28.0%), from €1,832 to €1,319
- Financial charges -€62
down €62 (-0.6%), from €10,710 to €10,649
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €692,545 | €685,134 | -€7,411 | -1.1% |
| Current assets | 29/58 | €692,545 | €685,134 | -€7,411 | -1.1% |
| Stocks and contracts in progress | 3 | €411,559 | €490,571 | +€79,013 | +19.2% |
| Stocks | 30/36 | €411,559 | €490,571 | +€79,013 | +19.2% |
| Amounts receivable within one year | 40/41 | €5,066 | €22,563 | +€17,498 | +345% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €5,066 | €22,563 | +€17,498 | +345% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €275,424 | €171,563 | -€103,862 | -37.7% |
| Deferred charges and accrued income | 490/1 | €497 | €437 | -€60 | -12.0% |
| Total equity and liabilities | 10/49 | €692,545 | €685,134 | -€7,411 | -1.1% |
| Equity | 10/15 | €38,162 | €24,035 | -€14,126 | -37.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,838 | -€19,965 | -€14,126 | -242% |
| Amounts payable | 17/49 | €654,384 | €661,099 | +€6,715 | +1.0% |
| Amounts payable within one year | 42/48 | €654,384 | €661,099 | +€6,715 | +1.0% |
| Trade debts | 44 | €35 | €0 | -€35 | -100% |
| Suppliers | 440/4 | €35 | €0 | -€35 | -100% |
| Taxes, remuneration and social security | 45 | €2,363 | €2,363 | = | 0.0% |
| Taxes | 450/3 | €2,363 | €2,363 | = | 0.0% |
| Other amounts payable | 47/48 | €651,987 | €658,737 | +€6,750 | +1.0% |
| Other operating charges | 640/8 | €1,832 | €1,319 | -€514 | -28.0% |
| Gross operating margin | 9900 | -€3,774 | -€3,808 | -€34 | -0.9% |
| Operating profit (loss) | 9901 | -€5,606 | -€5,126 | +€480 | +8.6% |
| Financial income | 75/76B | €8,576 | €1,648 | -€6,928 | -80.8% |
| Recurring financial income | 75 | €8,576 | €1,648 | -€6,928 | -80.8% |
| Financial charges | 65/66B | €10,710 | €10,649 | -€62 | -0.6% |
| Recurring financial charges | 65 | €10,710 | €10,649 | -€62 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,740 | -€14,126 | -€6,386 | -82.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€7,740 | -€14,126 | -€6,386 | -82.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,740 | -€14,126 | -€6,386 | -82.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.