BUILD FOR YOU: 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 FOR YOU
Largest movements
- Intangible fixed assets +€189,175
new in 2025: €189,175
- Receivables within one year -€81,794
down €81,794 (-29.4%), from €278,097 to €196,302
of which Trade receivables: -€84,477
- Other debts +€99,752
up €99,752 (+54.4%), from €183,372 to €283,124
- Trade debts -€11,091
down €11,091 (-68.1%), from €16,280 to €5,190
- Tax, wage and social debts +€7,935
up €7,935 (+140%), from €5,672 to €13,607
of which Taxes: +€5,667
- Profit (loss) carried forward +€6,273
up €6,273 (+38.6%), from €16,232 to €22,506
- Financial income +€20,184
up €20,184 (+3,954%), from €510 to €20,694
- Depreciation +€14,070
up €14,070 (+919%), from €1,530 to €15,600
- Gross operating margin -€11,795
down €11,795 (-57.7%), from €20,451 to €8,655
- Financial charges -€3,634
down €3,634 (-47.1%), from €7,716 to €4,081
of which Non-recurring financial charges: -€3,500
- Staff costs -€2,814
no longer reported in 2025 (was €2,814)
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 | €282,720 | €389,219 | +€106,499 | +37.7% |
| Fixed assets | 21/28 | €1,570 | €191,928 | +€190,359 | +12,125% |
| Intangible fixed assets | 21 | - | €189,175 | +€189,175 | |
| Tangible fixed assets | 22/27 | €260 | €1,444 | +€1,184 | +455% |
| Furniture and vehicles | 24 | €260 | €1,444 | +€1,184 | +455% |
| Financial fixed assets | 28 | €1,310 | €1,310 | = | 0.0% |
| Current assets | 29/58 | €281,150 | €197,290 | -€83,860 | -29.8% |
| Amounts receivable within one year | 40/41 | €278,097 | €196,302 | -€81,794 | -29.4% |
| Trade receivables | 40 | €277,619 | €193,142 | -€84,477 | -30.4% |
| Other amounts receivable | 41 | €478 | €3,160 | +€2,683 | +562% |
| Cash at bank and in hand | 54/58 | €1,355 | €941 | -€414 | -30.6% |
| Deferred charges and accrued income | 490/1 | €1,698 | €47 | -€1,651 | -97.2% |
| Total equity and liabilities | 10/49 | €282,720 | €389,219 | +€106,499 | +37.7% |
| Equity | 10/15 | €24,592 | €30,866 | +€6,273 | +25.5% |
| Contributions | 10/11 | €8,360 | €8,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,232 | €22,506 | +€6,273 | +38.6% |
| Amounts payable | 17/49 | €258,127 | €358,353 | +€100,226 | +38.8% |
| Amounts payable within one year | 42/48 | €258,127 | €357,325 | +€99,198 | +38.4% |
| Financial debts | 43 | €52,803 | €55,404 | +€2,601 | +4.9% |
| Credit institutions | 430/8 | €52,803 | €55,404 | +€2,601 | +4.9% |
| Trade debts | 44 | €16,280 | €5,190 | -€11,091 | -68.1% |
| Suppliers | 440/4 | €16,280 | €5,190 | -€11,091 | -68.1% |
| Taxes, remuneration and social security | 45 | €5,672 | €13,607 | +€7,935 | +140% |
| Taxes | 450/3 | €1,510 | €7,176 | +€5,667 | +375% |
| Remuneration and social security | 454/9 | €4,163 | €6,431 | +€2,269 | +54.5% |
| Other amounts payable | 47/48 | €183,372 | €283,124 | +€99,752 | +54.4% |
| Accrued charges and deferred income | 492/3 | - | €1,028 | +€1,028 | |
| Remuneration, social security and pensions | 62 | €2,814 | - | -€2,814 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,530 | €15,600 | +€14,070 | +919% |
| Other operating charges | 640/8 | €2,268 | €3,103 | +€836 | +36.9% |
| Gross operating margin | 9900 | €20,451 | €8,655 | -€11,795 | -57.7% |
| Operating profit (loss) | 9901 | €13,839 | -€10,048 | -€23,887 | |
| Financial income | 75/76B | €510 | €20,694 | +€20,184 | +3,954% |
| Recurring financial income | 75 | €510 | €20,694 | +€20,184 | +3,954% |
| Financial charges | 65/66B | €7,716 | €4,081 | -€3,634 | -47.1% |
| Recurring financial charges | 65 | €4,216 | €4,081 | -€134 | -3.2% |
| Non-recurring financial charges | 66B | €3,500 | - | -€3,500 | |
| Profit (loss) for the period before taxes | 9903 | €6,633 | €6,565 | -€68 | -1.0% |
| Income taxes | 67/77 | €1,011 | €292 | -€720 | -71.2% |
| Profit (loss) for the period | 9904 | €5,622 | €6,273 | +€651 | +11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,622 | €6,273 | +€651 | +11.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.