BUILD-ENG CONSTRUCT: 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-ENG CONSTRUCT
Largest movements
- Cash +€93,801
up €93,801 (+289%), from €32,417 to €126,218
mainly Net result for the year (+€85,844) and Tax, wage and social debts (+€7,118)
- Receivables within one year -€5,635
down €5,635 (-24.6%), from €22,928 to €17,293
of which Trade receivables: -€5,143
- Reserves +€85,011
up €85,011 (+428%), from €19,878 to €104,889
- Tax, wage and social debts +€7,118
up €7,118 (+76.7%), from €9,278 to €16,396
of which Taxes: +€12,118
- Debts after one year -€5,297
down €5,297 (-26.5%), from €20,014 to €14,717
- Gross operating margin +€57,536
up €57,536 (+73.8%), from €77,983 to €135,519
- Taxes +€21,710
up €21,710 (+117%), from €18,488 to €40,197
- Depreciation +€3,880
up €3,880 (+130%), from €2,983 to €6,863
- Other operating charges -€2,722
down €2,722 (-63.9%), from €4,262 to €1,540
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 | €77,882 | €164,931 | +€87,049 | +112% |
| Fixed assets | 21/28 | €20,480 | €19,529 | -€950 | -4.6% |
| Tangible fixed assets | 22/27 | €20,480 | €19,529 | -€950 | -4.6% |
| Furniture and vehicles | 24 | €20,480 | €18,213 | -€2,267 | -11.1% |
| Other tangible fixed assets | 26 | - | €1,316 | +€1,316 | |
| Current assets | 29/58 | €57,403 | €145,402 | +€87,999 | +153% |
| Amounts receivable within one year | 40/41 | €22,928 | €17,293 | -€5,635 | -24.6% |
| Trade receivables | 40 | €18,755 | €13,613 | -€5,143 | -27.4% |
| Other amounts receivable | 41 | €4,173 | €3,680 | -€492 | -11.8% |
| Cash at bank and in hand | 54/58 | €32,417 | €126,218 | +€93,801 | +289% |
| Deferred charges and accrued income | 490/1 | €2,058 | €1,891 | -€166 | -8.1% |
| Total equity and liabilities | 10/49 | €77,882 | €164,931 | +€87,049 | +112% |
| Equity | 10/15 | €38,470 | €123,481 | +€85,011 | +221% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €19,878 | €104,889 | +€85,011 | +428% |
| Distributable reserves | 133 | €19,878 | €104,889 | +€85,011 | +428% |
| Amounts payable | 17/49 | €39,412 | €41,451 | +€2,038 | +5.2% |
| Amounts payable after more than one year | 17 | €20,014 | €14,717 | -€5,297 | -26.5% |
| Financial debts | 170/4 | €20,014 | €14,717 | -€5,297 | -26.5% |
| Amounts payable within one year | 42/48 | €19,398 | €25,634 | +€6,235 | +32.1% |
| Current portion of amounts payable after more than one year | 42 | €5,088 | €5,297 | +€210 | +4.1% |
| Trade debts | 44 | €326 | €452 | +€126 | +38.6% |
| Suppliers | 440/4 | €326 | €452 | +€126 | +38.6% |
| Taxes, remuneration and social security | 45 | €9,278 | €16,396 | +€7,118 | +76.7% |
| Taxes | 450/3 | €4,278 | €16,396 | +€12,118 | +283% |
| Remuneration and social security | 454/9 | €5,000 | - | -€5,000 | |
| Other amounts payable | 47/48 | €4,707 | €3,489 | -€1,218 | -25.9% |
| Accrued charges and deferred income | 492/3 | - | €1,100 | +€1,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,983 | €6,863 | +€3,880 | +130% |
| Other operating charges | 640/8 | €4,262 | €1,540 | -€2,722 | -63.9% |
| Gross operating margin | 9900 | €77,983 | €135,519 | +€57,536 | +73.8% |
| Operating profit (loss) | 9901 | €70,737 | €127,116 | +€56,378 | +79.7% |
| Financial income | 75/76B | €91 | €12 | -€79 | -86.9% |
| Recurring financial income | 75 | €91 | €12 | -€79 | -86.9% |
| Financial charges | 65/66B | €681 | €1,086 | +€405 | +59.5% |
| Recurring financial charges | 65 | €681 | €1,086 | +€405 | +59.5% |
| Profit (loss) for the period before taxes | 9903 | €70,147 | €126,041 | +€55,894 | +79.7% |
| Income taxes | 67/77 | €18,488 | €40,197 | +€21,710 | +117% |
| Profit (loss) for the period | 9904 | €51,659 | €85,844 | +€34,185 | +66.2% |
| Profit (loss) for the period to be appropriated | 9905 | €51,659 | €85,844 | +€34,185 | +66.2% |
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 14 October 2026 via checked.be.