BUILDING COMPANY: what changed
BUILDING COMPANY
Largest movements
- Receivables within one year -€83,098
down €83,098 (-96.5%), from €86,070 to €2,972
of which Trade receivables: -€83,000
- Cash +€70,686
up €70,686 (+71.2%), from €99,263 to €169,949
mainly Receivables within one year (+€83,098) and Net result for the year (+€42,015)
- Tangible fixed assets +€13,405
up €13,405 (+1.6%), from €821,815 to €835,220
of which Land and buildings: +€16,695
- Reserves +€41,000
up €41,000 (+50.3%), from €81,500 to €122,500
- Debts after one year -€38,849
down €38,849 (-8.4%), from €463,714 to €424,866
- Trade debts -€32,117
down €32,117 (-96.0%), from €33,470 to €1,354
- Tax, wage and social debts +€31,435
up €31,435 (+158%), from €19,953 to €51,388
- Gross operating margin +€6,423
up €6,423 (+6.3%), from €101,949 to €108,372
- Depreciation +€2,962
up €2,962 (+11.6%), from €25,545 to €28,507
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,007,464 | €1,009,276 | +€1,813 | +0.2% |
| Fixed assets | 21/28 | €821,815 | €835,220 | +€13,405 | +1.6% |
| Tangible fixed assets | 22/27 | €821,815 | €835,220 | +€13,405 | +1.6% |
| Land and buildings | 22 | €789,508 | €806,204 | +€16,695 | +2.1% |
| Other tangible fixed assets | 26 | €32,307 | €29,017 | -€3,290 | -10.2% |
| Current assets | 29/58 | €185,649 | €174,056 | -€11,593 | -6.2% |
| Amounts receivable within one year | 40/41 | €86,070 | €2,972 | -€83,098 | -96.5% |
| Trade receivables | 40 | €85,520 | €2,520 | -€83,000 | -97.1% |
| Other amounts receivable | 41 | €550 | €452 | -€98 | -17.8% |
| Cash at bank and in hand | 54/58 | €99,263 | €169,949 | +€70,686 | +71.2% |
| Deferred charges and accrued income | 490/1 | €316 | €1,135 | +€819 | +259% |
| Total equity and liabilities | 10/49 | €1,007,464 | €1,009,276 | +€1,813 | +0.2% |
| Equity | 10/15 | €220,807 | €262,821 | +€42,015 | +19.0% |
| Contributions | 10/11 | €140,000 | €140,000 | = | 0.0% |
| Reserves | 13 | €81,500 | €122,500 | +€41,000 | +50.3% |
| Distributable reserves | 133 | €81,500 | €122,500 | +€41,000 | +50.3% |
| Profit (loss) carried forward | 14 | -€693 | €321 | +€1,015 | |
| Amounts payable | 17/49 | €786,657 | €746,455 | -€40,202 | -5.1% |
| Amounts payable after more than one year | 17 | €463,714 | €424,866 | -€38,849 | -8.4% |
| Financial debts | 170/4 | €463,714 | €424,866 | -€38,849 | -8.4% |
| Amounts payable within one year | 42/48 | €318,943 | €321,589 | +€2,647 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €38,040 | €38,849 | +€809 | +2.1% |
| Trade debts | 44 | €33,470 | €1,354 | -€32,117 | -96.0% |
| Suppliers | 440/4 | €33,470 | €1,354 | -€32,117 | -96.0% |
| Advances received on contracts in progress | 46 | - | €2,520 | +€2,520 | |
| Taxes, remuneration and social security | 45 | €19,953 | €51,388 | +€31,435 | +158% |
| Taxes | 450/3 | €19,953 | €51,388 | +€31,435 | +158% |
| Other amounts payable | 47/48 | €227,479 | €227,479 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,000 | - | -€4,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,545 | €28,507 | +€2,962 | +11.6% |
| Other operating charges | 640/8 | €7,115 | €6,619 | -€496 | -7.0% |
| Gross operating margin | 9900 | €101,949 | €108,372 | +€6,423 | +6.3% |
| Operating profit (loss) | 9901 | €69,288 | €73,246 | +€3,957 | +5.7% |
| Financial charges | 65/66B | €11,252 | €10,342 | -€909 | -8.1% |
| Recurring financial charges | 65 | €11,252 | €10,342 | -€909 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €58,037 | €62,903 | +€4,867 | +8.4% |
| Income taxes | 67/77 | €19,953 | €20,889 | +€935 | +4.7% |
| Profit (loss) for the period | 9904 | €38,083 | €42,015 | +€3,931 | +10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,083 | €42,015 | +€3,931 | +10.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.