Building Engineering & Technical Installation Contractor SRL: 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 Engineering & Technical Installation Contractor SRL
Largest movements
- Financial fixed assets -€624,420
down €624,420 (-98.8%), from €631,800 to €7,380
- Intangible fixed assets +€318,117
up €318,117 (+3,066%), from €10,375 to €328,493
- Cash +€251,608
up €251,608 (+61.2%), from €411,373 to €662,981
mainly Trade debts (+€387,268) and Investment in fixed assets (net) (+€179,438)
- Stocks and contracts +€127,180
up €127,180 (+110%), from €115,165 to €242,345
- Receivables within one year -€102,885
down €102,885 (-15.3%), from €674,244 to €571,360
of which Trade receivables: -€251,326
- Trade debts +€387,268
up €387,268 (+104%), from €373,881 to €761,148
- Other debts -€285,101
down €285,101 (-99.5%), from €286,478 to €1,377
- Advances received -€133,974
down €133,974 (-43.0%), from €311,399 to €177,426
- Profit (loss) carried forward +€112,463
up €112,463 (+31.8%), from €353,503 to €465,965
- Debts after one year -€88,416
down €88,416 (-26.3%), from €336,177 to €247,761
- Gross operating margin +€248,605
up €248,605 (+39.1%), from €636,082 to €884,687
- Staff costs +€214,920
up €214,920 (+58.1%), from €369,977 to €584,897
- Depreciation +€110,255
up €110,255 (+611%), from €18,052 to €128,307
- Taxes -€22,660
down €22,660 (-35.9%), from €63,072 to €40,413
- Financial charges +€9,591
up €9,591 (+146%), from €6,555 to €16,146
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 | €2,026,048 | €1,992,215 | -€33,833 | -1.7% |
| Fixed assets | 21/28 | €801,097 | €493,352 | -€307,745 | -38.4% |
| Intangible fixed assets | 21 | €10,375 | €328,493 | +€318,117 | +3,066% |
| Tangible fixed assets | 22/27 | €158,922 | €157,479 | -€1,442 | -0.9% |
| Plant, machinery and equipment | 23 | €28,599 | €36,009 | +€7,410 | +25.9% |
| Furniture and vehicles | 24 | €130,322 | €121,470 | -€8,852 | -6.8% |
| Financial fixed assets | 28 | €631,800 | €7,380 | -€624,420 | -98.8% |
| Current assets | 29/58 | €1,224,951 | €1,498,863 | +€273,912 | +22.4% |
| Stocks and contracts in progress | 3 | €115,165 | €242,345 | +€127,180 | +110% |
| Stocks | 30/36 | €115,165 | €242,345 | +€127,180 | +110% |
| Amounts receivable within one year | 40/41 | €674,244 | €571,360 | -€102,885 | -15.3% |
| Trade receivables | 40 | €569,205 | €317,879 | -€251,326 | -44.2% |
| Other amounts receivable | 41 | €105,039 | €253,481 | +€148,441 | +141% |
| Cash at bank and in hand | 54/58 | €411,373 | €662,981 | +€251,608 | +61.2% |
| Deferred charges and accrued income | 490/1 | €24,168 | €22,177 | -€1,991 | -8.2% |
| Total equity and liabilities | 10/49 | €2,026,048 | €1,992,215 | -€33,833 | -1.7% |
| Equity | 10/15 | €453,503 | €565,965 | +€112,463 | +24.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €353,503 | €465,965 | +€112,463 | +31.8% |
| Amounts payable | 17/49 | €1,572,545 | €1,426,249 | -€146,296 | -9.3% |
| Amounts payable after more than one year | 17 | €336,177 | €247,761 | -€88,416 | -26.3% |
| Financial debts | 170/4 | €336,177 | €247,761 | -€88,416 | -26.3% |
| Amounts payable within one year | 42/48 | €1,216,516 | €1,178,489 | -€38,027 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €91,066 | €95,659 | +€4,593 | +5.0% |
| Financial debts | 43 | - | €9,493 | +€9,493 | |
| Credit institutions | 430/8 | - | €9,493 | +€9,493 | |
| Trade debts | 44 | €373,881 | €761,148 | +€387,268 | +104% |
| Suppliers | 440/4 | €373,881 | €761,148 | +€387,268 | +104% |
| Advances received on contracts in progress | 46 | €311,399 | €177,426 | -€133,974 | -43.0% |
| Taxes, remuneration and social security | 45 | €153,692 | €133,385 | -€20,307 | -13.2% |
| Taxes | 450/3 | €111,434 | €73,654 | -€37,780 | -33.9% |
| Remuneration and social security | 454/9 | €42,259 | €59,731 | +€17,473 | +41.3% |
| Other amounts payable | 47/48 | €286,478 | €1,377 | -€285,101 | -99.5% |
| Accrued charges and deferred income | 492/3 | €19,853 | €0 | -€19,853 | -100% |
| Non-recurring operating income | 76A | - | €5,780 | +€5,780 | |
| Remuneration, social security and pensions | 62 | €369,977 | €584,897 | +€214,920 | +58.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,052 | €128,307 | +€110,255 | +611% |
| Other operating charges | 640/8 | €1,533 | €2,467 | +€934 | +60.9% |
| Non-recurring operating charges | 66A | - | €265 | +€265 | |
| Gross operating margin | 9900 | €636,082 | €884,687 | +€248,605 | +39.1% |
| Operating profit (loss) | 9901 | €246,520 | €168,751 | -€77,769 | -31.5% |
| Financial income | 75/76B | €20 | €271 | +€251 | +1,253% |
| Recurring financial income | 75 | €20 | €271 | +€251 | +1,253% |
| Financial charges | 65/66B | €6,555 | €16,146 | +€9,591 | +146% |
| Recurring financial charges | 65 | €6,555 | €16,146 | +€9,591 | +146% |
| Profit (loss) for the period before taxes | 9903 | €239,984 | €152,875 | -€87,109 | -36.3% |
| Income taxes | 67/77 | €63,072 | €40,413 | -€22,660 | -35.9% |
| Profit (loss) for the period | 9904 | €176,912 | €112,463 | -€64,449 | -36.4% |
| Profit (loss) for the period to be appropriated | 9905 | €176,912 | €112,463 | -€64,449 | -36.4% |
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 18 October 2026 via checked.be.