Building Arts: what changed
What changed
Building Arts
NACE 43.350, Other building finishing work
filed annual accounts (NBB)
Net result for the year
€16,380
2024 · €66,145-€49,766
Equity
€23,502
2024 · €7,122+€16,380
Cash
€34,601
2024 · €33,312+€1,289
Balance sheet total
€341,212
2024 · €355,050-€13,838
Largest movements
Assets
- Receivables within one year -€17,425
down €17,425 (-39.8%), from €43,782 to €26,358
of which Trade receivables: -€16,049
- Tangible fixed assets +€5,082
up €5,082 (+1.9%), from €264,249 to €269,330
of which Furniture and vehicles: +€10,978
- Stocks and contracts -€3,787
down €3,787 (-31.0%), from €12,207 to €8,420
Equity and liabilities
- Trade debts -€15,629
down €15,629 (-31.1%), from €50,195 to €34,566
- Debts after one year -€15,254
down €15,254 (-6.8%), from €223,416 to €208,162
- Profit (loss) carried forward +€13,539
no longer reported in 2025 (was -€13,539)
- Tax, wage and social debts +€11,292
up €11,292 (+95.1%), from €11,879 to €23,171
of which Taxes: +€8,154
- Other debts -€11,011
down €11,011 (-23.1%), from €47,568 to €36,557
Income statement
- Staff costs +€77,496
up €77,496 (+72.2%), from €107,314 to €184,810
- Gross operating margin +€40,328
up €40,328 (+19.9%), from €202,392 to €242,720
- Taxes +€8,063
up €8,063 (+2,015,858%), from €0 to €8,064
- Depreciation +€3,357
up €3,357 (+21.0%), from €16,013 to €19,370
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€66,145
Gross operating margin
+€40,328
Staff costs
-€77,496
Depreciation
-€3,357
Other operating charges
-€1,309
Financial income
+€1
Financial charges
+€130
Taxes
-€8,063
Result 2025
€16,380
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€40,611
Investment
-€24,452
Financing
-€14,870
Cash 2024
€33,312
From operations (derived)
+€40,611
Net result for the year
+€16,380
Depreciation
+€19,370
Stocks and contracts
+€3,787
Receivables within one year
+€17,425
Deferred charges and accrued income
-€1,003
Trade debts
-€15,629
Tax, wage and social debts
+€11,292
Other debts
-€11,011
Investment (derived)
-€24,452
Investment in fixed assets (net)
-€24,452
Financing
-€14,870
Debts after one year
-€15,254
Current portion of long-term debt
+€384
Cash 2025
€34,601
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €355,050 | €341,212 | -€13,838 | -3.9% |
| Fixed assets | 21/28 | €265,749 | €270,830 | +€5,082 | +1.9% |
| Tangible fixed assets | 22/27 | €264,249 | €269,330 | +€5,082 | +1.9% |
| Land and buildings | 22 | €101,049 | €95,435 | -€5,614 | -5.6% |
| Plant, machinery and equipment | 23 | €11,619 | €19,422 | +€7,803 | +67.2% |
| Furniture and vehicles | 24 | €2,230 | €13,208 | +€10,978 | +492% |
| Other tangible fixed assets | 26 | €149,351 | €141,266 | -€8,086 | -5.4% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €89,301 | €70,381 | -€18,920 | -21.2% |
| Stocks and contracts in progress | 3 | €12,207 | €8,420 | -€3,787 | -31.0% |
| Stocks | 30/36 | €12,207 | €8,420 | -€3,787 | -31.0% |
| Amounts receivable within one year | 40/41 | €43,782 | €26,358 | -€17,425 | -39.8% |
| Trade receivables | 40 | €40,331 | €24,282 | -€16,049 | -39.8% |
| Other amounts receivable | 41 | €3,451 | €2,076 | -€1,375 | -39.8% |
| Cash at bank and in hand | 54/58 | €33,312 | €34,601 | +€1,289 | +3.9% |
| Deferred charges and accrued income | 490/1 | - | €1,003 | +€1,003 | |
| Total equity and liabilities | 10/49 | €355,050 | €341,212 | -€13,838 | -3.9% |
| Equity | 10/15 | €7,122 | €23,502 | +€16,380 | +230% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,062 | €4,902 | +€2,840 | +138% |
| Non-distributable reserves | 130/1 | €349 | €349 | = | 0.0% |
| Reserves not available under the articles | 1311 | €349 | €349 | = | 0.0% |
| Distributable reserves | 133 | €1,713 | €4,553 | +€2,840 | +166% |
| Profit (loss) carried forward | 14 | -€13,539 | - | +€13,539 | |
| Amounts payable | 17/49 | €347,928 | €317,710 | -€30,218 | -8.7% |
| Amounts payable after more than one year | 17 | €223,416 | €208,162 | -€15,254 | -6.8% |
| Financial debts | 170/4 | €223,416 | €208,162 | -€15,254 | -6.8% |
| Amounts payable within one year | 42/48 | €124,512 | €109,548 | -€14,964 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €14,870 | €15,254 | +€384 | +2.6% |
| Trade debts | 44 | €50,195 | €34,566 | -€15,629 | -31.1% |
| Suppliers | 440/4 | €50,195 | €34,566 | -€15,629 | -31.1% |
| Taxes, remuneration and social security | 45 | €11,879 | €23,171 | +€11,292 | +95.1% |
| Taxes | 450/3 | €477 | €8,631 | +€8,154 | +1,709% |
| Remuneration and social security | 454/9 | €11,402 | €14,540 | +€3,138 | +27.5% |
| Other amounts payable | 47/48 | €47,568 | €36,557 | -€11,011 | -23.1% |
| Non-recurring operating income | 76A | - | €770 | +€770 | |
| Remuneration, social security and pensions | 62 | €107,314 | €184,810 | +€77,496 | +72.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,013 | €19,370 | +€3,357 | +21.0% |
| Other operating charges | 640/8 | €1,513 | €2,822 | +€1,309 | +86.5% |
| Gross operating margin | 9900 | €202,392 | €242,720 | +€40,328 | +19.9% |
| Operating profit (loss) | 9901 | €77,551 | €35,717 | -€41,834 | -53.9% |
| Financial income | 75/76B | €268 | €269 | +€1 | +0.5% |
| Recurring financial income | 75 | €268 | €269 | +€1 | +0.5% |
| Financial charges | 65/66B | €11,673 | €11,543 | -€130 | -1.1% |
| Recurring financial charges | 65 | €9,797 | €11,543 | +€1,745 | +17.8% |
| Non-recurring financial charges | 66B | €1,876 | - | -€1,876 | |
| Profit (loss) for the period before taxes | 9903 | €66,146 | €24,444 | -€41,702 | -63.0% |
| Income taxes | 67/77 | €0 | €8,064 | +€8,063 | +2,015,858% |
| Profit (loss) for the period | 9904 | €66,145 | €16,380 | -€49,766 | -75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €66,145 | €16,380 | -€49,766 | -75.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.