Building Attitude: 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.
Building Attitude
Largest movements
- Receivables within one year -€8,786
down €8,786 (-12.9%), from €68,355 to €59,569
of which Trade receivables: -€9,376
- Cash +€8,360
up €8,360 (+18.8%), from €44,395 to €52,755
mainly Net result for the year (+€9,381) and Receivables within one year (+€8,786)
- Tangible fixed assets +€5,051
up €5,051 (+24.0%), from €21,029 to €26,080
of which Plant, machinery and equipment: +€6,368
- Reserves +€9,000
up €9,000 (+17.8%), from €50,610 to €59,610
of which Distributable reserves: +€9,000
- Other debts -€5,896
down €5,896 (-16.6%), from €35,431 to €29,535
- Tax, wage and social debts +€4,426
up €4,426 (+18.8%), from €23,504 to €27,930
of which Taxes: +€5,677
- Current portion of long-term debt -€2,874
no longer reported in 2024 (was €2,874)
- Gross operating margin -€37,590
down €37,590 (-59.3%), from €63,377 to €25,787
- Depreciation -€11,442
down €11,442 (-59.9%), from €19,086 to €7,644
- Taxes -€7,014
down €7,014 (-53.2%), from €13,189 to €6,175
From the 2023 result to the 2024 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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €133,779 | €138,404 | +€4,625 | +3.5% |
| Fixed assets | 21/28 | €21,029 | €26,080 | +€5,051 | +24.0% |
| Tangible fixed assets | 22/27 | €21,029 | €26,080 | +€5,051 | +24.0% |
| Plant, machinery and equipment | 23 | €1,910 | €8,277 | +€6,368 | +333% |
| Furniture and vehicles | 24 | €13,518 | €13,592 | +€74 | +0.5% |
| Other tangible fixed assets | 26 | €5,601 | €4,210 | -€1,391 | -24.8% |
| Current assets | 29/58 | €112,750 | €112,324 | -€426 | -0.4% |
| Amounts receivable within one year | 40/41 | €68,355 | €59,569 | -€8,786 | -12.9% |
| Trade receivables | 40 | €67,011 | €57,635 | -€9,376 | -14.0% |
| Other amounts receivable | 41 | €1,344 | €1,934 | +€590 | +43.9% |
| Cash at bank and in hand | 54/58 | €44,395 | €52,755 | +€8,360 | +18.8% |
| Total equity and liabilities | 10/49 | €133,779 | €138,404 | +€4,625 | +3.5% |
| Equity | 10/15 | €66,901 | €76,282 | +€9,381 | +14.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €50,610 | €59,610 | +€9,000 | +17.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €48,750 | €57,750 | +€9,000 | +18.5% |
| Profit (loss) carried forward | 14 | €10,091 | €10,472 | +€381 | +3.8% |
| Amounts payable | 17/49 | €66,878 | €62,122 | -€4,755 | -7.1% |
| Amounts payable within one year | 42/48 | €66,878 | €62,122 | -€4,755 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €2,874 | - | -€2,874 | |
| Trade debts | 44 | €5,069 | €4,658 | -€411 | -8.1% |
| Suppliers | 440/4 | €5,069 | €4,658 | -€411 | -8.1% |
| Taxes, remuneration and social security | 45 | €23,504 | €27,930 | +€4,426 | +18.8% |
| Taxes | 450/3 | €22,254 | €27,930 | +€5,677 | +25.5% |
| Remuneration and social security | 454/9 | €1,250 | - | -€1,250 | |
| Other amounts payable | 47/48 | €35,431 | €29,535 | -€5,896 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,086 | €7,644 | -€11,442 | -59.9% |
| Other operating charges | 640/8 | €2,656 | €2,452 | -€204 | -7.7% |
| Gross operating margin | 9900 | €63,377 | €25,787 | -€37,590 | -59.3% |
| Operating profit (loss) | 9901 | €41,636 | €15,691 | -€25,945 | -62.3% |
| Financial income | 75/76B | €265 | €0 | -€265 | -100.0% |
| Recurring financial income | 75 | €265 | €0 | -€265 | -100.0% |
| Financial charges | 65/66B | €221 | €136 | -€85 | -38.5% |
| Recurring financial charges | 65 | €221 | €136 | -€85 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €41,680 | €15,556 | -€26,125 | -62.7% |
| Income taxes | 67/77 | €13,189 | €6,175 | -€7,014 | -53.2% |
| Profit (loss) for the period | 9904 | €28,492 | €9,381 | -€19,111 | -67.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,492 | €9,381 | -€19,111 | -67.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.