BUILDING DINGS: 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 DINGS
Largest movements
- Deferred charges and accrued income -€46,381
down €46,381 (-93.5%), from €49,600 to €3,220
- Receivables within one year +€19,607
up €19,607 (+9.2%), from €213,912 to €233,519
of which Trade receivables: +€18,578
- Tangible fixed assets +€8,930
up €8,930 (+4.1%), from €215,451 to €224,381
of which Plant, machinery and equipment: +€17,367
- Other debts -€101,418
down €101,418 (-54.9%), from €184,566 to €83,148
- Reserves +€56,987
up €56,987 (+173%), from €32,860 to €89,846
of which Distributable reserves: +€56,987
- Trade debts +€11,358
up €11,358 (+221%), from €5,139 to €16,497
- Tax, wage and social debts +€6,489
up €6,489 (+112%), from €5,776 to €12,265
of which Remuneration and social security: +€4,603
- Gross operating margin +€57,388
up €57,388 (+70.6%), from €81,233 to €138,621
- Taxes +€17,272
up €17,272 (+494%), from €3,493 to €20,765
- Financial charges -€10,881
down €10,881 (-74.7%), from €14,568 to €3,687
of which Non-recurring financial charges: -€10,888
- Depreciation +€3,334
up €3,334 (+6.6%), from €50,403 to €53,737
- Other operating charges +€1,875
up €1,875 (+159%), from €1,181 to €3,056
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 | €540,773 | €514,189 | -€26,584 | -4.9% |
| Fixed assets | 21/28 | €215,601 | €224,431 | +€8,830 | +4.1% |
| Intangible fixed assets | 21 | €150 | €50 | -€100 | -66.7% |
| Tangible fixed assets | 22/27 | €215,451 | €224,381 | +€8,930 | +4.1% |
| Plant, machinery and equipment | 23 | €169,180 | €186,547 | +€17,367 | +10.3% |
| Furniture and vehicles | 24 | €5,227 | €3,671 | -€1,556 | -29.8% |
| Other tangible fixed assets | 26 | €41,044 | €34,162 | -€6,881 | -16.8% |
| Current assets | 29/58 | €325,172 | €289,758 | -€35,414 | -10.9% |
| Stocks and contracts in progress | 3 | €10,579 | €5,381 | -€5,199 | -49.1% |
| Stocks | 30/36 | €10,579 | €5,381 | -€5,199 | -49.1% |
| Amounts receivable within one year | 40/41 | €213,912 | €233,519 | +€19,607 | +9.2% |
| Trade receivables | 40 | €197,886 | €216,464 | +€18,578 | +9.4% |
| Other amounts receivable | 41 | €16,026 | €17,055 | +€1,029 | +6.4% |
| Cash at bank and in hand | 54/58 | €51,081 | €47,639 | -€3,442 | -6.7% |
| Deferred charges and accrued income | 490/1 | €49,600 | €3,220 | -€46,381 | -93.5% |
| Total equity and liabilities | 10/49 | €540,773 | €514,189 | -€26,584 | -4.9% |
| Equity | 10/15 | €345,291 | €402,278 | +€56,987 | +16.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,860 | €89,846 | +€56,987 | +173% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €31,000 | €87,986 | +€56,987 | +184% |
| Profit (loss) carried forward | 14 | €293,832 | €293,832 | = | 0.0% |
| Amounts payable | 17/49 | €195,482 | €111,911 | -€83,571 | -42.8% |
| Amounts payable within one year | 42/48 | €195,482 | €111,911 | -€83,571 | -42.8% |
| Trade debts | 44 | €5,139 | €16,497 | +€11,358 | +221% |
| Suppliers | 440/4 | €5,139 | €16,497 | +€11,358 | +221% |
| Taxes, remuneration and social security | 45 | €5,776 | €12,265 | +€6,489 | +112% |
| Taxes | 450/3 | €5,776 | €7,662 | +€1,886 | +32.6% |
| Remuneration and social security | 454/9 | €0 | €4,603 | +€4,603 | |
| Other amounts payable | 47/48 | €184,566 | €83,148 | -€101,418 | -54.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,403 | €53,737 | +€3,334 | +6.6% |
| Other operating charges | 640/8 | €1,181 | €3,056 | +€1,875 | +159% |
| Gross operating margin | 9900 | €81,233 | €138,621 | +€57,388 | +70.6% |
| Operating profit (loss) | 9901 | €29,649 | €81,829 | +€52,180 | +176% |
| Financial income | 75/76B | €1,109 | €710 | -€399 | -36.0% |
| Recurring financial income | 75 | €1,109 | €710 | -€399 | -36.0% |
| Financial charges | 65/66B | €14,568 | €3,687 | -€10,881 | -74.7% |
| Recurring financial charges | 65 | €65 | €72 | +€7 | +11.1% |
| Non-recurring financial charges | 66B | €14,503 | €3,614 | -€10,888 | -75.1% |
| Profit (loss) for the period before taxes | 9903 | €16,190 | €78,852 | +€62,662 | +387% |
| Income taxes | 67/77 | €3,493 | €20,765 | +€17,272 | +494% |
| Profit (loss) for the period | 9904 | €12,697 | €58,087 | +€45,390 | +357% |
| Profit (loss) for the period to be appropriated | 9905 | €12,697 | €58,087 | +€45,390 | +357% |
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 25 October 2026 via checked.be.