Building Bridges: 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 Bridges
Largest movements
- Cash +€37,358
up €37,358 (+52.4%), from €71,271 to €108,630
mainly Net result for the year (+€43,167) and Other debts (+€32,568)
- Receivables within one year -€16,474
down €16,474 (-24.8%), from €66,462 to €49,989
of which Trade receivables: -€21,093
- Deferred charges and accrued income +€8,679
up €8,679 (+29.2%), from €29,706 to €38,385
- Other debts +€32,568
up €32,568 (+21.8%), from €149,388 to €181,956
- Tax, wage and social debts -€6,120
down €6,120 (-53.2%), from €11,512 to €5,392
- Gross operating margin -€28,851
down €28,851 (-28.6%), from €100,831 to €71,980
- Taxes -€6,812
down €6,812 (-28.5%), from €23,893 to €17,081
- Other operating charges -€1,518
down €1,518 (-45.6%), from €3,327 to €1,809
- Depreciation -€1,065
down €1,065 (-13.0%), from €8,179 to €7,114
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 | €188,722 | €216,112 | +€27,390 | +14.5% |
| Fixed assets | 21/28 | €21,283 | €19,109 | -€2,174 | -10.2% |
| Tangible fixed assets | 22/27 | €21,183 | €19,109 | -€2,074 | -9.8% |
| Furniture and vehicles | 24 | €4,243 | €5,058 | +€816 | +19.2% |
| Other tangible fixed assets | 26 | €16,940 | €14,051 | -€2,890 | -17.1% |
| Financial fixed assets | 28 | €100 | - | -€100 | |
| Current assets | 29/58 | €167,439 | €197,003 | +€29,564 | +17.7% |
| Amounts receivable within one year | 40/41 | €66,462 | €49,989 | -€16,474 | -24.8% |
| Trade receivables | 40 | €55,598 | €34,504 | -€21,093 | -37.9% |
| Other amounts receivable | 41 | €10,865 | €15,485 | +€4,620 | +42.5% |
| Cash at bank and in hand | 54/58 | €71,271 | €108,630 | +€37,358 | +52.4% |
| Deferred charges and accrued income | 490/1 | €29,706 | €38,385 | +€8,679 | +29.2% |
| Total equity and liabilities | 10/49 | €188,722 | €216,112 | +€27,390 | +14.5% |
| Equity | 10/15 | €18,550 | €18,550 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Amounts payable | 17/49 | €170,172 | €197,562 | +€27,390 | +16.1% |
| Amounts payable within one year | 42/48 | €170,172 | €197,562 | +€27,390 | +16.1% |
| Trade debts | 44 | €9,272 | €10,214 | +€942 | +10.2% |
| Suppliers | 440/4 | €9,272 | €10,214 | +€942 | +10.2% |
| Taxes, remuneration and social security | 45 | €11,512 | €5,392 | -€6,120 | -53.2% |
| Taxes | 450/3 | €11,512 | €5,392 | -€6,120 | -53.2% |
| Other amounts payable | 47/48 | €149,388 | €181,956 | +€32,568 | +21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,179 | €7,114 | -€1,065 | -13.0% |
| Other operating charges | 640/8 | €3,327 | €1,809 | -€1,518 | -45.6% |
| Gross operating margin | 9900 | €100,831 | €71,980 | -€28,851 | -28.6% |
| Operating profit (loss) | 9901 | €89,325 | €63,056 | -€26,268 | -29.4% |
| Financial income | 75/76B | €106 | €19 | -€86 | -81.7% |
| Recurring financial income | 75 | €106 | €19 | -€86 | -81.7% |
| Financial charges | 65/66B | €3,572 | €2,828 | -€745 | -20.8% |
| Recurring financial charges | 65 | €3,572 | €2,828 | -€745 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €85,858 | €60,248 | -€25,610 | -29.8% |
| Income taxes | 67/77 | €23,893 | €17,081 | -€6,812 | -28.5% |
| Profit (loss) for the period | 9904 | €61,965 | €43,167 | -€18,798 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €61,965 | €43,167 | -€18,798 | -30.3% |
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 11 October 2026 via checked.be.