BUILD IT SAFETY: 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 IT SAFETY
Largest movements
- Receivables within one year -€60,288
down €60,288 (-78.8%), from €76,516 to €16,228
of which Trade receivables: -€60,023
- Deferred charges and accrued income +€20,000
new in 2025: €20,000
- Cash -€3,921
down €3,921 (-10.1%), from €38,685 to €34,764
mainly Trade debts (-€27,001) and Deferred charges and accrued income (-€20,000)
- Trade debts -€27,001
no longer reported in 2025 (was €27,001)
- Tax, wage and social debts -€13,041
down €13,041 (-89.0%), from €14,645 to €1,604
of which Remuneration and social security: -€7,500
- Reserves -€4,168
down €4,168 (-7.6%), from €54,955 to €50,788
of which Distributable reserves: -€4,168
- Gross operating margin -€9,769
down €9,769, from €7,618 to -€2,151
- Financial charges +€154
up €154 (+140%), from €110 to €264
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 | €115,201 | €70,992 | -€44,209 | -38.4% |
| Current assets | 29/58 | €115,201 | €70,992 | -€44,209 | -38.4% |
| Amounts receivable within one year | 40/41 | €76,516 | €16,228 | -€60,288 | -78.8% |
| Trade receivables | 40 | €76,197 | €16,174 | -€60,023 | -78.8% |
| Other amounts receivable | 41 | €319 | €53 | -€266 | -83.3% |
| Cash at bank and in hand | 54/58 | €38,685 | €34,764 | -€3,921 | -10.1% |
| Deferred charges and accrued income | 490/1 | - | €20,000 | +€20,000 | |
| Total equity and liabilities | 10/49 | €115,201 | €70,992 | -€44,209 | -38.4% |
| Equity | 10/15 | €73,555 | €69,388 | -€4,168 | -5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,955 | €50,788 | -€4,168 | -7.6% |
| Non-distributable reserves | 130/1 | €37 | €37 | = | 0.0% |
| Reserves not available under the articles | 1311 | €37 | €37 | = | 0.0% |
| Distributable reserves | 133 | €54,919 | €50,751 | -€4,168 | -7.6% |
| Amounts payable | 17/49 | €41,646 | €1,604 | -€40,042 | -96.1% |
| Amounts payable within one year | 42/48 | €41,646 | €1,604 | -€40,042 | -96.1% |
| Trade debts | 44 | €27,001 | - | -€27,001 | |
| Suppliers | 440/4 | €27,001 | - | -€27,001 | |
| Taxes, remuneration and social security | 45 | €14,645 | €1,604 | -€13,041 | -89.0% |
| Taxes | 450/3 | €7,145 | €1,604 | -€5,541 | -77.6% |
| Remuneration and social security | 454/9 | €7,500 | - | -€7,500 | |
| Other operating charges | 640/8 | €150 | €152 | +€2 | +1.3% |
| Gross operating margin | 9900 | €7,618 | -€2,151 | -€9,769 | |
| Operating profit (loss) | 9901 | €7,468 | -€2,303 | -€9,771 | |
| Financial charges | 65/66B | €110 | €264 | +€154 | +140% |
| Recurring financial charges | 65 | €110 | €264 | +€154 | +140% |
| Profit (loss) for the period before taxes | 9903 | €7,357 | -€2,567 | -€9,925 | |
| Income taxes | 67/77 | €1,645 | €1,600 | -€45 | -2.7% |
| Profit (loss) for the period | 9904 | €5,712 | -€4,168 | -€9,880 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,712 | -€4,168 | -€9,880 |
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 30 October 2026 via checked.be.