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
- Receivables within one year -€24,608
down €24,608 (-58.6%), from €41,987 to €17,379
of which Trade receivables: -€24,802
- Cash +€17,630
up €17,630 (+233%), from €7,579 to €25,209
mainly Receivables within one year (+€24,608) and Investment in fixed assets (net) (+€2,822)
- Intangible fixed assets -€2,822
no longer reported in 2025 (was €2,822)
- Trade debts -€11,591
down €11,591 (-57.1%), from €20,285 to €8,693
- Reserves +€2,408
up €2,408 (+8.4%), from €28,821 to €31,229
- Depreciation -€2,432
no longer reported in 2025 (was €2,432)
- Other operating charges -€453
down €453 (-75.9%), from €598 to €144
- Gross operating margin +€435
up €435 (+7.5%), from €5,774 to €6,209
- Taxes +€169
up €169 (+24.2%), from €697 to €866
- Financial income +€138
new in 2025: €138
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.
Derived cash bridge
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 | €56,887 | €47,088 | -€9,799 | -17.2% |
| Fixed assets | 21/28 | €7,322 | €4,500 | -€2,822 | -38.5% |
| Intangible fixed assets | 21 | €2,822 | - | -€2,822 | |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €49,566 | €42,588 | -€6,977 | -14.1% |
| Amounts receivable within one year | 40/41 | €41,987 | €17,379 | -€24,608 | -58.6% |
| Trade receivables | 40 | €36,682 | €11,881 | -€24,802 | -67.6% |
| Other amounts receivable | 41 | €5,305 | €5,499 | +€194 | +3.7% |
| Cash at bank and in hand | 54/58 | €7,579 | €25,209 | +€17,630 | +233% |
| Total equity and liabilities | 10/49 | €56,887 | €47,088 | -€9,799 | -17.2% |
| Equity | 10/15 | €35,821 | €38,229 | +€2,408 | +6.7% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €28,821 | €31,229 | +€2,408 | +8.4% |
| Distributable reserves | 133 | €28,821 | €31,229 | +€2,408 | +8.4% |
| Amounts payable | 17/49 | €21,066 | €8,859 | -€12,207 | -57.9% |
| Amounts payable within one year | 42/48 | €21,066 | €8,859 | -€12,207 | -57.9% |
| Trade debts | 44 | €20,285 | €8,693 | -€11,591 | -57.1% |
| Suppliers | 440/4 | €20,285 | €8,693 | -€11,591 | -57.1% |
| Taxes, remuneration and social security | 45 | €709 | €166 | -€543 | -76.6% |
| Taxes | 450/3 | €709 | €166 | -€543 | -76.6% |
| Other amounts payable | 47/48 | €73 | - | -€73 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,432 | - | -€2,432 | |
| Other operating charges | 640/8 | €598 | €144 | -€453 | -75.9% |
| Non-recurring operating charges | 66A | - | €2,822 | +€2,822 | |
| Gross operating margin | 9900 | €5,774 | €6,209 | +€435 | +7.5% |
| Operating profit (loss) | 9901 | €2,744 | €3,243 | +€499 | +18.2% |
| Financial income | 75/76B | - | €138 | +€138 | |
| Recurring financial income | 75 | - | €138 | +€138 | |
| Financial charges | 65/66B | €46 | €108 | +€62 | +134% |
| Recurring financial charges | 65 | €46 | €108 | +€62 | +134% |
| Profit (loss) for the period before taxes | 9903 | €2,698 | €3,274 | +€576 | +21.3% |
| Income taxes | 67/77 | €697 | €866 | +€169 | +24.2% |
| Profit (loss) for the period | 9904 | €2,001 | €2,408 | +€407 | +20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,001 | €2,408 | +€407 | +20.3% |
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 28 October 2026 via checked.be.