BUILDGATES: 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.
BUILDGATES
Largest movements
- Stocks and contracts +€59,359
up €59,359 (+191.4%), from €31,016 to €90,375
- Cash +€49,009
up €49,009 (+17.4%), from €281,950 to €330,959
mainly Net result for the year (+€136,749) and Other debts (+€34,554)
- Deferred charges and accrued income +€44,206
up €44,206 (+2097.6%), from €2,107 to €46,314
- Tangible fixed assets -€25,832
down €25,832 (-20.9%), from €123,579 to €97,746
of which Furniture and vehicles: -€16,741
- Receivables within one year -€15,233
down €15,233 (-16.0%), from €95,320 to €80,086
of which Trade receivables: -€15,888
- Profit (loss) carried forward +€86,749
up €86,749, from -€19,540 to €67,208
- Trade debts -€35,680
down €35,680 (-24.5%), from €145,488 to €109,808
- Other debts +€34,554
up €34,554 (+7746.1%), from €446 to €35,000
- Tax, wage and social debts +€29,314
up €29,314 (+51.3%), from €57,134 to €86,448
of which Taxes: +€28,233
- Debts after one year -€27,904
down €27,904 (-28.2%), from €98,902 to €70,999
- Gross operating margin +€139,240
up €139,240 (+58.1%), from €239,714 to €378,955
- Taxes +€11,586
up €11,586 (+5935.8%), from €195 to €11,781
- Financial income +€8,425
up €8,425 (+49.5%), from €17,028 to €25,453
- Staff costs +€8,224
up €8,224 (+3.9%), from €209,247 to €217,471
- Depreciation +€5,655
up €5,655 (+20.4%), from €27,785 to €33,440
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 | €545,915 | €652,231 | +€106,316 | +19.5% |
| Fixed assets | 21/28 | €135,522 | €104,497 | -€31,025 | -22.9% |
| Intangible fixed assets | 21 | €11,944 | €6,751 | -€5,193 | -43.5% |
| Tangible fixed assets | 22/27 | €123,579 | €97,746 | -€25,832 | -20.9% |
| Plant, machinery and equipment | 23 | €8,217 | €6,100 | -€2,117 | -25.8% |
| Furniture and vehicles | 24 | €66,508 | €49,767 | -€16,741 | -25.2% |
| Other tangible fixed assets | 26 | €48,853 | €41,879 | -€6,974 | -14.3% |
| Current assets | 29/58 | €410,393 | €547,734 | +€137,341 | +33.5% |
| Stocks and contracts in progress | 3 | €31,016 | €90,375 | +€59,359 | +191.4% |
| Stocks | 30/36 | €31,016 | €90,375 | +€59,359 | +191.4% |
| Amounts receivable within one year | 40/41 | €95,320 | €80,086 | -€15,233 | -16.0% |
| Trade receivables | 40 | €94,703 | €78,815 | -€15,888 | -16.8% |
| Other amounts receivable | 41 | €617 | €1,271 | +€655 | +106.2% |
| Cash at bank and in hand | 54/58 | €281,950 | €330,959 | +€49,009 | +17.4% |
| Deferred charges and accrued income | 490/1 | €2,107 | €46,314 | +€44,206 | +2097.6% |
| Total equity and liabilities | 10/49 | €545,915 | €652,231 | +€106,316 | +19.5% |
| Equity | 10/15 | -€10,180 | €76,568 | +€86,749 | |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,540 | €67,208 | +€86,749 | |
| Amounts payable | 17/49 | €556,096 | €575,663 | +€19,567 | +3.5% |
| Amounts payable after more than one year | 17 | €98,902 | €70,999 | -€27,904 | -28.2% |
| Financial debts | 170/4 | €98,902 | €70,999 | -€27,904 | -28.2% |
| Amounts payable within one year | 42/48 | €456,732 | €502,866 | +€46,134 | +10.1% |
| Current portion of amounts payable after more than one year | 42 | €27,477 | €27,904 | +€427 | +1.6% |
| Trade debts | 44 | €145,488 | €109,808 | -€35,680 | -24.5% |
| Suppliers | 440/4 | €145,488 | €109,808 | -€35,680 | -24.5% |
| Advances received on contracts in progress | 46 | €226,187 | €243,706 | +€17,520 | +7.7% |
| Taxes, remuneration and social security | 45 | €57,134 | €86,448 | +€29,314 | +51.3% |
| Taxes | 450/3 | €29,026 | €57,258 | +€28,233 | +97.3% |
| Remuneration and social security | 454/9 | €28,109 | €29,190 | +€1,081 | +3.8% |
| Other amounts payable | 47/48 | €446 | €35,000 | +€34,554 | +7746.1% |
| Accrued charges and deferred income | 492/3 | €461 | €1,798 | +€1,337 | +289.9% |
| Remuneration, social security and pensions | 62 | €209,247 | €217,471 | +€8,224 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,785 | €33,440 | +€5,655 | +20.4% |
| Other operating charges | 640/8 | €574 | €595 | +€22 | +3.8% |
| Gross operating margin | 9900 | €239,714 | €378,955 | +€139,240 | +58.1% |
| Operating profit (loss) | 9901 | €2,109 | €127,449 | +€125,340 | +5942.8% |
| Financial income | 75/76B | €17,028 | €25,453 | +€8,425 | +49.5% |
| Recurring financial income | 75 | €17,028 | €25,453 | +€8,425 | +49.5% |
| Financial charges | 65/66B | €4,599 | €4,373 | -€226 | -4.9% |
| Recurring financial charges | 65 | €4,599 | €4,373 | -€226 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €14,538 | €148,529 | +€133,991 | +921.7% |
| Income taxes | 67/77 | €195 | €11,781 | +€11,586 | +5935.8% |
| Profit (loss) for the period | 9904 | €14,343 | €136,749 | +€122,406 | +853.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,343 | €136,749 | +€122,406 | +853.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.