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BUILDCOM: what changed

Two fiscal 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.

What changed

BUILDCOM

BE 0558.864.807
NACE 68.121, Development of residential building projects
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€69,306
2023 · -€21,896+€91,201
Equity
-€40,710
2023 · -€110,016+€69,306
Cash
€19,344
2023 · €129,882-€110,538
Balance sheet total
€412,140
2023 · €2.2m-€1.7m

Largest movements

2023 to 2024
Assets
  • Stocks and contracts -€1.3m

    down €1.3m (-96.9%), from €1.3m to €40,000

  • Receivables within one year -€377,558

    down €377,558 (-51.8%), from €728,529 to €350,971

    of which Trade receivables: -€426,574

  • Cash -€110,538

    down €110,538 (-85.1%), from €129,882 to €19,344

    mainly Advances received (-€1.6m) and Trade debts (-€252,048)

Equity and liabilities
  • Advances received -€1.6m

    down €1.6m (-100.0%), from €1.6m to €0

  • Trade debts -€252,048

    down €252,048 (-80.1%), from €314,616 to €62,568

  • Profit (loss) carried forward +€69,306

    up €69,306 (+59.6%), from -€116,216 to -€46,910

Income statement
  • Gross operating margin +€85,166

    up €85,166, from -€8,898 to €76,268

  • Financial charges -€7,503

    down €7,503 (-59.0%), from €12,710 to €5,207

  • Other operating charges +€1,467

    up €1,467 (+510.9%), from €287 to €1,755

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€21,896
Gross operating margin +€85,166
Other operating charges -€1,467
Financial charges +€7,503
Result 2024 €69,306

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€110,538
Investment €0
Financing €0
Cash 2023 €129,882
Net result for the year +€69,306
Stocks and contracts +€1.3m
Receivables within one year +€377,558
Trade debts -€252,048
Advances received -€1.6m
Other debts +€8,140
Cash 2024 €19,344
Every line side by side 30 lines
Line Code 2023 2024 Change %
Total assets 20/58 €2,156,566 €412,140 -€1.7m -80.9%
Fixed assets 21/28 €1,825 €1,825 = 0.0%
Financial fixed assets 28 €1,825 €1,825 = 0.0%
Current assets 29/58 €2,154,741 €410,315 -€1.7m -81.0%
Stocks and contracts in progress 3 €1,296,330 €40,000 -€1.3m -96.9%
Contracts in progress 37 €1,296,330 €40,000 -€1.3m -96.9%
Amounts receivable within one year 40/41 €728,529 €350,971 -€377,558 -51.8%
Trade receivables 40 €480,510 €53,936 -€426,574 -88.8%
Other amounts receivable 41 €248,019 €297,035 +€49,016 +19.8%
Cash at bank and in hand 54/58 €129,882 €19,344 -€110,538 -85.1%
Total equity and liabilities 10/49 €2,156,566 €412,140 -€1.7m -80.9%
Equity 10/15 -€110,016 -€40,710 +€69,306 +63.0%
Contributions 10/11 €6,200 €6,200 = 0.0%
Profit (loss) carried forward 14 -€116,216 -€46,910 +€69,306 +59.6%
Amounts payable 17/49 €2,266,582 €452,849 -€1.8m -80.0%
Amounts payable after more than one year 17 €346,495 €346,495 = 0.0%
Other amounts payable 178/9 €346,495 €346,495 = 0.0%
Amounts payable within one year 42/48 €1,920,087 €106,354 -€1.8m -94.5%
Trade debts 44 €314,616 €62,568 -€252,048 -80.1%
Suppliers 440/4 €314,616 €62,568 -€252,048 -80.1%
Advances received on contracts in progress 46 €1,569,824 €0 -€1.6m -100.0%
Other amounts payable 47/48 €35,646 €43,786 +€8,140 +22.8%
Other operating charges 640/8 €287 €1,755 +€1,467 +510.9%
Gross operating margin 9900 -€8,898 €76,268 +€85,166
Operating profit (loss) 9901 -€9,185 €74,513 +€83,699
Financial charges 65/66B €12,710 €5,207 -€7,503 -59.0%
Recurring financial charges 65 €12,710 €5,207 -€7,503 -59.0%
Profit (loss) for the period before taxes 9903 -€21,896 €69,306 +€91,201
Profit (loss) for the period 9904 -€21,896 €69,306 +€91,201
Profit (loss) for the period to be appropriated 9905 -€21,896 €69,306 +€91,201

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.