BUILD. ING: 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. ING
Largest movements
- Receivables within one year -€34,696
down €34,696 (-62.5%), from €55,512 to €20,815
of which Other amounts receivable: -€36,911
- Cash +€23,145
up €23,145 (+45.6%), from €50,779 to €73,924
mainly Net result for the year (+€35,990) and Receivables within one year (+€34,696)
- Current investments +€15,000
up €15,000 (+11.1%), from €135,000 to €150,000
- Deferred charges and accrued income -€2,583
no longer reported in 2025 (was €2,583)
- Reserves -€39,539
down €39,539 (-17.7%), from €223,803 to €184,264
- Other debts +€34,590
up €34,590 (+39,040%), from €89 to €34,678
- Tax, wage and social debts +€5,165
up €5,165 (+25.0%), from €20,673 to €25,837
- Gross operating margin +€10,738
up €10,738 (+26.2%), from €40,992 to €51,730
- Taxes +€3,554
up €3,554 (+28.0%), from €12,680 to €16,234
- Financial income +€1,689
up €1,689 (+49.7%), from €3,400 to €5,089
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 | €246,589 | €247,060 | +€471 | +0.2% |
| Fixed assets | 21/28 | €2,715 | €2,321 | -€394 | -14.5% |
| Tangible fixed assets | 22/27 | €2,715 | €2,321 | -€394 | -14.5% |
| Furniture and vehicles | 24 | €2,715 | €2,321 | -€394 | -14.5% |
| Current assets | 29/58 | €243,874 | €244,739 | +€866 | +0.4% |
| Amounts receivable within one year | 40/41 | €55,512 | €20,815 | -€34,696 | -62.5% |
| Trade receivables | 40 | €18,198 | €20,413 | +€2,214 | +12.2% |
| Other amounts receivable | 41 | €37,313 | €403 | -€36,911 | -98.9% |
| Current investments | 50/53 | €135,000 | €150,000 | +€15,000 | +11.1% |
| Cash at bank and in hand | 54/58 | €50,779 | €73,924 | +€23,145 | +45.6% |
| Deferred charges and accrued income | 490/1 | €2,583 | - | -€2,583 | |
| Total equity and liabilities | 10/49 | €246,589 | €247,060 | +€471 | +0.2% |
| Equity | 10/15 | €223,803 | €184,264 | -€39,539 | -17.7% |
| Reserves | 13 | €223,803 | €184,264 | -€39,539 | -17.7% |
| Distributable reserves | 133 | €223,803 | €184,264 | -€39,539 | -17.7% |
| Amounts payable | 17/49 | €22,786 | €62,797 | +€40,010 | +176% |
| Amounts payable within one year | 42/48 | €22,786 | €62,797 | +€40,010 | +176% |
| Trade debts | 44 | €2,025 | €2,281 | +€256 | +12.7% |
| Suppliers | 440/4 | €2,025 | €2,281 | +€256 | +12.7% |
| Taxes, remuneration and social security | 45 | €20,673 | €25,837 | +€5,165 | +25.0% |
| Taxes | 450/3 | €20,673 | €25,837 | +€5,165 | +25.0% |
| Other amounts payable | 47/48 | €89 | €34,678 | +€34,590 | +39,040% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,442 | €1,518 | +€77 | +5.3% |
| Other operating charges | 640/8 | €1,655 | €1,242 | -€412 | -24.9% |
| Gross operating margin | 9900 | €40,992 | €51,730 | +€10,738 | +26.2% |
| Operating profit (loss) | 9901 | €37,895 | €48,969 | +€11,074 | +29.2% |
| Financial income | 75/76B | €3,400 | €5,089 | +€1,689 | +49.7% |
| Recurring financial income | 75 | €3,400 | €5,089 | +€1,689 | +49.7% |
| Financial charges | 65/66B | €1,551 | €1,835 | +€284 | +18.3% |
| Recurring financial charges | 65 | €1,551 | €1,835 | +€284 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | €39,745 | €52,223 | +€12,479 | +31.4% |
| Income taxes | 67/77 | €12,680 | €16,234 | +€3,554 | +28.0% |
| Profit (loss) for the period | 9904 | €27,065 | €35,990 | +€8,925 | +33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,065 | €35,990 | +€8,925 | +33.0% |
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 31 October 2026 via checked.be.