BUILDING INSIGHTS: what changed
What changed
BUILDING INSIGHTS
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
€204,157
2023 · €55,062+€149,095
Equity
€289,765
2023 · €85,608+€204,157
Cash
€16,216
2023 · €27,616-€11,400
Balance sheet total
€376,893
2023 · €112,583+€264,309
Largest movements
Assets
- Stocks and contracts +€226,312
new in 2024: €226,312
- Receivables within one year +€46,142
up €46,142 (+62.8%), from €73,449 to €119,591
of which Trade receivables: +€23,593
- Cash -€11,400
down €11,400 (-41.3%), from €27,616 to €16,216
mainly Stocks and contracts (-€226,312) and Receivables within one year (-€46,142)
Equity and liabilities
- Reserves +€204,157
up €204,157 (+247%), from €82,608 to €286,765
- Tax, wage and social debts +€63,566
up €63,566 (+402%), from €15,815 to €79,380
Income statement
- Gross operating margin +€199,375
up €199,375 (+271%), from €73,503 to €272,878
- Taxes +€47,751
up €47,751 (+302%), from €15,815 to €63,566
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€55,062
Gross operating margin
+€199,375
Depreciation
-€798
Other operating charges
-€493
Financial income
-€471
Financial charges
-€768
Taxes
-€47,751
Result 2024
€204,157
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€5,629
Investment
-€3,313
Financing
-€2,458
Cash 2023
€27,616
From operations (derived)
-€5,629
Net result for the year
+€204,157
Depreciation
+€3,623
Stocks and contracts
-€226,312
Receivables within one year
-€46,142
Deferred charges and accrued income
-€3,565
Trade debts
-€1,446
Tax, wage and social debts
+€63,566
Other debts
+€490
Investment (derived)
-€3,313
Investment in fixed assets (net)
-€3,313
Financing
-€2,458
Debts after one year
-€2,107
Current portion of long-term debt
-€350
Cash 2024
€16,216
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,583 | €376,893 | +€264,309 | +235% |
| Fixed assets | 21/28 | €11,519 | €11,208 | -€310 | -2.7% |
| Tangible fixed assets | 22/27 | €11,519 | €11,208 | -€310 | -2.7% |
| Furniture and vehicles | 24 | €11,519 | €11,208 | -€310 | -2.7% |
| Current assets | 29/58 | €101,065 | €365,684 | +€264,620 | +262% |
| Stocks and contracts in progress | 3 | - | €226,312 | +€226,312 | |
| Contracts in progress | 37 | - | €226,312 | +€226,312 | |
| Amounts receivable within one year | 40/41 | €73,449 | €119,591 | +€46,142 | +62.8% |
| Trade receivables | 40 | €66,752 | €90,345 | +€23,593 | +35.3% |
| Other amounts receivable | 41 | €6,697 | €29,246 | +€22,549 | +337% |
| Cash at bank and in hand | 54/58 | €27,616 | €16,216 | -€11,400 | -41.3% |
| Deferred charges and accrued income | 490/1 | - | €3,565 | +€3,565 | |
| Total equity and liabilities | 10/49 | €112,583 | €376,893 | +€264,309 | +235% |
| Equity | 10/15 | €85,608 | €289,765 | +€204,157 | +238% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €82,608 | €286,765 | +€204,157 | +247% |
| Distributable reserves | 133 | €82,608 | €286,765 | +€204,157 | +247% |
| Amounts payable | 17/49 | €26,975 | €87,127 | +€60,152 | +223% |
| Amounts payable after more than one year | 17 | €2,107 | - | -€2,107 | |
| Financial debts | 170/4 | €2,107 | - | -€2,107 | |
| Amounts payable within one year | 42/48 | €24,868 | €87,127 | +€62,259 | +250% |
| Current portion of amounts payable after more than one year | 42 | €2,458 | €2,107 | -€350 | -14.2% |
| Trade debts | 44 | €6,596 | €5,150 | -€1,446 | -21.9% |
| Suppliers | 440/4 | €6,596 | €5,150 | -€1,446 | -21.9% |
| Taxes, remuneration and social security | 45 | €15,815 | €79,380 | +€63,566 | +402% |
| Taxes | 450/3 | €15,815 | €79,380 | +€63,566 | +402% |
| Other amounts payable | 47/48 | - | €490 | +€490 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,826 | €3,623 | +€798 | +28.2% |
| Other operating charges | 640/8 | €126 | €618 | +€493 | +392% |
| Gross operating margin | 9900 | €73,503 | €272,878 | +€199,375 | +271% |
| Operating profit (loss) | 9901 | €70,552 | €268,637 | +€198,085 | +281% |
| Financial income | 75/76B | €629 | €158 | -€471 | -74.9% |
| Recurring financial income | 75 | €629 | €158 | -€471 | -74.9% |
| Financial charges | 65/66B | €304 | €1,072 | +€768 | +253% |
| Recurring financial charges | 65 | €304 | €1,072 | +€768 | +253% |
| Profit (loss) for the period before taxes | 9903 | €70,877 | €267,723 | +€196,846 | +278% |
| Income taxes | 67/77 | €15,815 | €63,566 | +€47,751 | +302% |
| Profit (loss) for the period | 9904 | €55,062 | €204,157 | +€149,095 | +271% |
| Profit (loss) for the period to be appropriated | 9905 | €55,062 | €204,157 | +€149,095 | +271% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.