BUILDELEC: 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.
BUILDELEC
Largest movements
- Receivables within one year +€80,729
up €80,729 (+1401.2%), from €5,761 to €86,490
of which Other amounts receivable: +€63,443
- Cash -€34,898
down €34,898 (-85.2%), from €40,951 to €6,053
mainly Receivables within one year (-€80,729) and Net result for the year (-€45,732)
- Stocks and contracts -€21,047
down €21,047 (-44.8%), from €46,934 to €25,887
- Tangible fixed assets -€12,574
down €12,574 (-5.5%), from €226,587 to €214,013
of which Land and buildings: -€12,310
- Profit (loss) carried forward -€45,732
down €45,732 (-75.9%), from €60,266 to €14,534
- Debts after one year +€38,786
up €38,786 (+25.7%), from €151,131 to €189,916
- Other debts +€16,631
up €16,631 (+49.1%), from €33,875 to €50,506
- Tax, wage and social debts +€3,952
up €3,952 (+10.6%), from €37,455 to €41,407
- Gross operating margin -€54,481
down €54,481, from €30,787 to -€23,694
- Depreciation -€3,612
down €3,612 (-22.3%), from €16,186 to €12,574
- Financial charges +€555
up €555 (+8.4%), from €6,589 to €7,143
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.
Cash bridge derived
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 | €320,556 | €332,559 | +€12,004 | +3.7% |
| Fixed assets | 21/28 | €226,587 | €214,013 | -€12,574 | -5.5% |
| Tangible fixed assets | 22/27 | €226,587 | €214,013 | -€12,574 | -5.5% |
| Land and buildings | 22 | €226,322 | €214,013 | -€12,310 | -5.4% |
| Plant, machinery and equipment | 23 | €265 | - | -€265 | |
| Current assets | 29/58 | €93,968 | €118,546 | +€24,578 | +26.2% |
| Stocks and contracts in progress | 3 | €46,934 | €25,887 | -€21,047 | -44.8% |
| Stocks | 30/36 | €46,934 | €25,887 | -€21,047 | -44.8% |
| Amounts receivable within one year | 40/41 | €5,761 | €86,490 | +€80,729 | +1401.2% |
| Trade receivables | 40 | €2,280 | €19,566 | +€17,286 | +758.1% |
| Other amounts receivable | 41 | €3,481 | €66,924 | +€63,443 | +1822.5% |
| Cash at bank and in hand | 54/58 | €40,951 | €6,053 | -€34,898 | -85.2% |
| Deferred charges and accrued income | 490/1 | €322 | €116 | -€206 | -64.0% |
| Total equity and liabilities | 10/49 | €320,556 | €332,559 | +€12,004 | +3.7% |
| Equity | 10/15 | €79,050 | €33,319 | -€45,732 | -57.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €185 | €185 | = | 0.0% |
| Distributable reserves | 133 | €185 | €185 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,266 | €14,534 | -€45,732 | -75.9% |
| Amounts payable | 17/49 | €241,505 | €299,241 | +€57,735 | +23.9% |
| Amounts payable after more than one year | 17 | €151,131 | €189,916 | +€38,786 | +25.7% |
| Financial debts | 170/4 | €151,131 | €189,916 | +€38,786 | +25.7% |
| Amounts payable within one year | 42/48 | €90,375 | €109,324 | +€18,949 | +21.0% |
| Current portion of amounts payable after more than one year | 42 | €15,654 | €13,714 | -€1,940 | -12.4% |
| Trade debts | 44 | €3,391 | €3,697 | +€306 | +9.0% |
| Suppliers | 440/4 | €3,391 | €3,697 | +€306 | +9.0% |
| Taxes, remuneration and social security | 45 | €37,455 | €41,407 | +€3,952 | +10.6% |
| Remuneration and social security | 454/9 | €37,455 | €41,407 | +€3,952 | +10.6% |
| Other amounts payable | 47/48 | €33,875 | €50,506 | +€16,631 | +49.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,186 | €12,574 | -€3,612 | -22.3% |
| Other operating charges | 640/8 | €2,347 | €2,320 | -€27 | -1.1% |
| Gross operating margin | 9900 | €30,787 | -€23,694 | -€54,481 | |
| Operating profit (loss) | 9901 | €12,254 | -€38,588 | -€50,842 | |
| Financial charges | 65/66B | €6,589 | €7,143 | +€555 | +8.4% |
| Recurring financial charges | 65 | €6,589 | €7,143 | +€555 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €5,665 | -€45,732 | -€51,397 | |
| Profit (loss) for the period | 9904 | €5,665 | -€45,732 | -€51,397 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,665 | -€45,732 | -€51,397 |
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 10 October 2026 via checked.be.