Building King: 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 King
Largest movements
- Receivables within one year +€100,467
up €100,467 (+133%), from €75,358 to €175,825
of which Other amounts receivable: +€90,467
- Cash +€41,504
up €41,504 (+1,317%), from €3,152 to €44,656
mainly Accrued charges and deferred income (+€49,081) and Net result for the year (+€48,410)
- Stocks and contracts -€16,250
no longer reported in 2025 (was €16,250)
- Tangible fixed assets -€5,089
down €5,089 (-67.0%), from €7,599 to €2,510
- Accrued charges and deferred income +€49,081
new in 2025: €49,081
- Profit (loss) carried forward +€48,410
up €48,410 (+95.1%), from €50,913 to €99,323
- Trade debts +€13,895
up €13,895 (+322%), from €4,320 to €18,215
- Tax, wage and social debts +€12,158
up €12,158 (+108%), from €11,247 to €23,405
of which Taxes: +€12,158
- Debts after one year -€2,923
down €2,923 (-42.8%), from €6,823 to €3,900
- Turnover +€335,505
new in 2025: €335,505
- Gross operating margin +€31,469
up €31,469 (+88.4%), from €35,604 to €67,073
- Taxes +€8,753
up €8,753 (+139%), from €6,297 to €15,050
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 | €102,358 | €222,991 | +€120,633 | +118% |
| Fixed assets | 21/28 | €7,599 | €2,510 | -€5,089 | -67.0% |
| Tangible fixed assets | 22/27 | €7,599 | €2,510 | -€5,089 | -67.0% |
| Plant, machinery and equipment | 23 | €7,599 | €2,510 | -€5,089 | -67.0% |
| Current assets | 29/58 | €94,760 | €220,481 | +€125,721 | +133% |
| Stocks and contracts in progress | 3 | €16,250 | - | -€16,250 | |
| Contracts in progress | 37 | €16,250 | - | -€16,250 | |
| Amounts receivable within one year | 40/41 | €75,358 | €175,825 | +€100,467 | +133% |
| Trade receivables | 40 | €67,312 | €77,312 | +€10,000 | +14.9% |
| Other amounts receivable | 41 | €8,046 | €98,513 | +€90,467 | +1,124% |
| Cash at bank and in hand | 54/58 | €3,152 | €44,656 | +€41,504 | +1,317% |
| Total equity and liabilities | 10/49 | €102,358 | €222,991 | +€120,633 | +118% |
| Equity | 10/15 | €77,046 | €125,456 | +€48,410 | +62.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | - | €2,000 | +€2,000 | |
| Issued capital | 100 | - | €2,000 | +€2,000 | |
| Reserves | 13 | €24,133 | €24,133 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €23,933 | €23,933 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €50,913 | €99,323 | +€48,410 | +95.1% |
| Amounts payable | 17/49 | €25,312 | €97,535 | +€72,223 | +285% |
| Amounts payable after more than one year | 17 | €6,823 | €3,900 | -€2,923 | -42.8% |
| Financial debts | 170/4 | €6,823 | €3,900 | -€2,923 | -42.8% |
| Amounts payable within one year | 42/48 | €18,489 | €44,554 | +€26,065 | +141% |
| Current portion of amounts payable after more than one year | 42 | €2,922 | €2,934 | +€12 | +0.4% |
| Trade debts | 44 | €4,320 | €18,215 | +€13,895 | +322% |
| Suppliers | 440/4 | €4,320 | €18,215 | +€13,895 | +322% |
| Taxes, remuneration and social security | 45 | €11,247 | €23,405 | +€12,158 | +108% |
| Taxes | 450/3 | €8,097 | €20,255 | +€12,158 | +150% |
| Remuneration and social security | 454/9 | €3,150 | €3,150 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €49,081 | +€49,081 | |
| Turnover | 70 | - | €335,505 | +€335,505 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,758 | €5,089 | -€1,669 | -24.7% |
| Other operating charges | 640/8 | €387 | €717 | +€330 | +85.1% |
| Gross operating margin | 9900 | €35,604 | €67,073 | +€31,469 | +88.4% |
| Operating profit (loss) | 9901 | €28,458 | €61,267 | +€32,809 | +115% |
| Financial income | 75/76B | - | €2,704 | +€2,704 | |
| Recurring financial income | 75 | - | €2,704 | +€2,704 | |
| Financial charges | 65/66B | €1,054 | €511 | -€543 | -51.5% |
| Recurring financial charges | 65 | €1,054 | €511 | -€543 | -51.5% |
| Profit (loss) for the period before taxes | 9903 | €27,405 | €63,460 | +€36,055 | +132% |
| Income taxes | 67/77 | €6,297 | €15,050 | +€8,753 | +139% |
| Profit (loss) for the period | 9904 | €21,108 | €48,410 | +€27,302 | +129% |
| Profit (loss) for the period to be appropriated | 9905 | €21,108 | €48,410 | +€27,302 | +129% |
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 13 October 2026 via checked.be.