BUILDING GROUP: 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 GROUP
Largest movements
- Receivables within one year -€206,534
down €206,534 (-86.2%), from €239,489 to €32,955
of which Trade receivables: -€155,500
- Other debts -€93,530
down €93,530 (-63.0%), from €148,348 to €54,818
- Debts after one year -€83,926
down €83,926 (-46.6%), from €180,237 to €96,311
- Tax, wage and social debts -€63,438
down €63,438 (-66.5%), from €95,420 to €31,982
- Trade debts +€12,735
up €12,735 (+38.4%), from €33,178 to €45,913
- Accrued charges and deferred income +€10,217
up €10,217 (+158.9%), from €6,429 to €16,646
- Financial charges -€227,552
down €227,552 (-93.9%), from €242,427 to €14,875
- Gross operating margin -€96,422
down €96,422 (-79.5%), from €121,295 to €24,873
- Taxes -€29,553
down €29,553 (-92.8%), from €31,840 to €2,286
- Financial income -€4,624
down €4,624 (-91.4%), from €5,060 to €437
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 | €789,356 | €579,353 | -€210,003 | -26.6% |
| Fixed assets | 21/28 | €533,753 | €533,753 | = | 0.0% |
| Financial fixed assets | 28 | €533,753 | €533,753 | = | 0.0% |
| Current assets | 29/58 | €255,602 | €45,599 | -€210,003 | -82.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €239,489 | €32,955 | -€206,534 | -86.2% |
| Trade receivables | 40 | €175,450 | €19,950 | -€155,500 | -88.6% |
| Other amounts receivable | 41 | €64,039 | €13,005 | -€51,034 | -79.7% |
| Cash at bank and in hand | 54/58 | €10,028 | €7,972 | -€2,056 | -20.5% |
| Deferred charges and accrued income | 490/1 | €6,085 | €4,672 | -€1,413 | -23.2% |
| Total equity and liabilities | 10/49 | €789,356 | €579,353 | -€210,003 | -26.6% |
| Equity | 10/15 | €242,896 | €249,756 | +€6,859 | +2.8% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €42,896 | €49,756 | +€6,859 | +16.0% |
| Distributable reserves | 133 | €42,896 | €49,756 | +€6,859 | +16.0% |
| Amounts payable | 17/49 | €546,459 | €329,597 | -€216,863 | -39.7% |
| Amounts payable after more than one year | 17 | €180,237 | €96,311 | -€83,926 | -46.6% |
| Financial debts | 170/4 | €180,237 | €96,311 | -€83,926 | -46.6% |
| Amounts payable within one year | 42/48 | €359,793 | €216,640 | -€143,154 | -39.8% |
| Current portion of amounts payable after more than one year | 42 | €82,847 | €83,926 | +€1,079 | +1.3% |
| Trade debts | 44 | €33,178 | €45,913 | +€12,735 | +38.4% |
| Suppliers | 440/4 | €33,178 | €45,913 | +€12,735 | +38.4% |
| Taxes, remuneration and social security | 45 | €95,420 | €31,982 | -€63,438 | -66.5% |
| Taxes | 450/3 | €95,420 | €31,982 | -€63,438 | -66.5% |
| Other amounts payable | 47/48 | €148,348 | €54,818 | -€93,530 | -63.0% |
| Accrued charges and deferred income | 492/3 | €6,429 | €16,646 | +€10,217 | +158.9% |
| Other operating charges | 640/8 | €1,086 | €1,289 | +€204 | +18.8% |
| Gross operating margin | 9900 | €121,295 | €24,873 | -€96,422 | -79.5% |
| Operating profit (loss) | 9901 | €120,210 | €23,584 | -€96,626 | -80.4% |
| Financial income | 75/76B | €5,060 | €437 | -€4,624 | -91.4% |
| Recurring financial income | 75 | €5,060 | €437 | -€4,624 | -91.4% |
| Financial charges | 65/66B | €242,427 | €14,875 | -€227,552 | -93.9% |
| Recurring financial charges | 65 | €242,427 | €14,875 | -€227,552 | -93.9% |
| Profit (loss) for the period before taxes | 9903 | -€117,157 | €9,146 | +€126,303 | |
| Income taxes | 67/77 | €31,840 | €2,286 | -€29,553 | -92.8% |
| Profit (loss) for the period | 9904 | -€148,997 | €6,859 | +€155,856 | |
| Profit (loss) for the period to be appropriated | 9905 | -€148,997 | €6,859 | +€155,856 |
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 9 October 2026 via checked.be.