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BUILDERS: 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

BUILDERS

BE 0471.805.723
NACE 41.001, General construction of residential buildings
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€787
2024 · €3,094-€2,307
Equity
€63,729
2024 · €63,801-€72
Cash
€45,245
2024 · €6,799+€38,446
Balance sheet total
€71,467
2024 · €73,102-€1,635

Largest movements

2024 to 2025
Assets
  • Cash +€38,446

    up €38,446 (+565.5%), from €6,799 to €45,245

    mainly Receivables within one year (+€30,940) and Depreciation (+€8,334)

  • Receivables within one year -€30,940

    down €30,940 (-75.5%), from €40,996 to €10,055

    of which Trade receivables: -€20,000

  • Tangible fixed assets -€8,334

    down €8,334 (-34.0%), from €24,500 to €16,166

    of which Furniture and vehicles: -€8,334

  • Receivables after one year -€807

    no longer reported in 2025 (was €807)

Equity and liabilities
  • Trade debts -€3,309

    down €3,309 (-81.5%), from €4,062 to €753

  • Profit (loss) carried forward -€3,094

    no longer reported in 2025 (was €3,094)

  • Reserves +€3,022

    up €3,022 (+5.0%), from €60,707 to €63,729

    of which Distributable reserves: +€3,929

  • Tax, wage and social debts +€2,978

    up €2,978 (+96.8%), from €3,077 to €6,054

  • Other debts -€929

    down €929 (-50.0%), from €1,859 to €930

Income statement
  • Gross operating margin -€1,520

    down €1,520 (-6.3%), from €24,000 to €22,480

  • Taxes +€1,413

    up €1,413 (+82.0%), from €1,722 to €3,135

  • Financial charges -€370

    down €370 (-3.5%), from €10,486 to €10,116

    of which Financial charges: -€370

From the 2024 result to the 2025 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 2024 €3,094
Gross operating margin -€1,520
Other operating charges -€90
Financial income +€43
Financial charges +€370
Taxes -€1,413
Deferred taxes and other +€303
Result 2025 €787

Cash bridge derived

cash 2024 to 2025

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.

From operations +€39,305
Investment €0
Financing -€859
Cash 2024 €6,799
Net result for the year +€787
Depreciation +€8,334
Receivables after one year +€807
Receivables within one year +€30,940
Provisions -€303
Trade debts -€3,309
Tax, wage and social debts +€2,978
Other debts -€929
Contributions, distributions and other -€859
Cash 2025 €45,245
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €73,102 €71,467 -€1,635 -2.2%
Formation expenses 20 €0 €0 =
Fixed assets 21/28 €24,500 €16,166 -€8,334 -34.0%
Tangible fixed assets 22/27 €24,500 €16,166 -€8,334 -34.0%
Plant, machinery and equipment 23 €0 - =
Furniture and vehicles 24 €24,500 €16,166 -€8,334 -34.0%
Current assets 29/58 €48,601 €55,300 +€6,699 +13.8%
Amounts receivable after more than one year 29 €807 - -€807
Trade receivables 290 €807 - -€807
Amounts receivable within one year 40/41 €40,996 €10,055 -€30,940 -75.5%
Trade receivables 40 €20,000 €0 -€20,000 -100.0%
Other amounts receivable 41 €20,996 €10,055 -€10,940 -52.1%
Cash at bank and in hand 54/58 €6,799 €45,245 +€38,446 +565.5%
Total equity and liabilities 10/49 €73,102 €71,467 -€1,635 -2.2%
Equity 10/15 €63,801 €63,729 -€72 -0.1%
Reserves 13 €60,707 €63,729 +€3,022 +5.0%
Tax-exempt reserves 132 €908 - -€908
Distributable reserves 133 €59,800 €63,729 +€3,929 +6.6%
Profit (loss) carried forward 14 €3,094 - -€3,094
Provisions and deferred taxes 16 €303 - -€303
Deferred taxes 168 €303 - -€303
Amounts payable 17/49 €8,998 €7,738 -€1,260 -14.0%
Amounts payable within one year 42/48 €8,998 €7,738 -€1,260 -14.0%
Trade debts 44 €4,062 €753 -€3,309 -81.5%
Suppliers 440/4 €4,062 €753 -€3,309 -81.5%
Taxes, remuneration and social security 45 €3,077 €6,054 +€2,978 +96.8%
Taxes 450/3 €3,077 €6,054 +€2,978 +96.8%
Other amounts payable 47/48 €1,859 €930 -€929 -50.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,334 €8,334 = 0.0%
Other operating charges 640/8 €367 €457 +€90 +24.7%
Gross operating margin 9900 €24,000 €22,480 -€1,520 -6.3%
Operating profit (loss) 9901 €15,299 €13,689 -€1,610 -10.5%
Financial income 75/76B €3 €46 +€43 +1484.2%
Recurring financial income 75 €3 €46 +€43 +1484.2%
Financial charges 65/66B €10,486 €10,116 -€370 -3.5%
Recurring financial charges 65 €431 €61 -€370 -85.9%
Non-recurring financial charges 66B €10,055 €10,055 = 0.0%
Profit (loss) for the period before taxes 9903 €4,816 €3,619 -€1,197 -24.8%
Transfer from deferred taxes 780 - €303 +€303
Income taxes 67/77 €1,722 €3,135 +€1,413 +82.0%
Profit (loss) for the period 9904 €3,094 €787 -€2,307 -74.6%
Transfer from tax-exempt reserves 789 - €908 +€908
Profit (loss) for the period to be appropriated 9905 €3,094 €1,694 -€1,399 -45.2%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.