BUILDING MATERIAL FACTORY: 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 MATERIAL FACTORY
Largest movements
- Stocks and contracts -€52,061
down €52,061 (-7.8%), from €669,411 to €617,350
- Receivables within one year +€30,431
up €30,431 (+6.3%), from €482,083 to €512,514
of which Other amounts receivable: +€56,914
- Cash +€25,386
up €25,386 (+46.0%), from €55,136 to €80,521
mainly Net result for the year (+€158,016) and Depreciation (+€77,476)
- Profit (loss) carried forward +€158,016
up €158,016 (+378%), from €41,857 to €199,874
- Trade debts -€143,037
down €143,037 (-82.9%), from €172,552 to €29,515
- Current portion of long-term debt -€22,914
down €22,914 (-73.5%), from €31,159 to €8,245
- Tax, wage and social debts +€14,126
up €14,126 (+15.0%), from €94,223 to €108,349
of which Remuneration and social security: +€26,910
- Turnover +€4.1m
new in 2025: €4.1m
- Purchases and services +€3.3m
new in 2025: €3.3m
- Gross operating margin +€351,821
up €351,821 (+71.7%), from €490,487 to €842,308
- Staff costs +€161,518
up €161,518 (+44.7%), from €360,958 to €522,476
- Write-downs +€52,357
no longer reported in 2025 (was -€52,357)
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 | €1,391,622 | €1,389,766 | -€1,856 | -0.1% |
| Fixed assets | 21/28 | €178,185 | €160,720 | -€17,465 | -9.8% |
| Intangible fixed assets | 21 | €21,690 | €16,760 | -€4,930 | -22.7% |
| Tangible fixed assets | 22/27 | €156,495 | €143,960 | -€12,535 | -8.0% |
| Land and buildings | 22 | €45,276 | €37,002 | -€8,274 | -18.3% |
| Plant, machinery and equipment | 23 | €68,698 | €83,210 | +€14,512 | +21.1% |
| Furniture and vehicles | 24 | €3,779 | €3 | -€3,776 | -99.9% |
| Leasing and similar rights | 25 | €38,741 | €23,745 | -€14,996 | -38.7% |
| Current assets | 29/58 | €1,213,438 | €1,229,046 | +€15,608 | +1.3% |
| Stocks and contracts in progress | 3 | €669,411 | €617,350 | -€52,061 | -7.8% |
| Stocks | 30/36 | €669,411 | €617,350 | -€52,061 | -7.8% |
| Amounts receivable within one year | 40/41 | €482,083 | €512,514 | +€30,431 | +6.3% |
| Trade receivables | 40 | €481,776 | €455,293 | -€26,483 | -5.5% |
| Other amounts receivable | 41 | €307 | €57,221 | +€56,914 | +18,560% |
| Cash at bank and in hand | 54/58 | €55,136 | €80,521 | +€25,386 | +46.0% |
| Deferred charges and accrued income | 490/1 | €6,808 | €18,661 | +€11,852 | +174% |
| Total equity and liabilities | 10/49 | €1,391,622 | €1,389,766 | -€1,856 | -0.1% |
| Equity | 10/15 | €173,313 | €331,329 | +€158,016 | +91.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €111,455 | €111,455 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €109,455 | €109,455 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,857 | €199,874 | +€158,016 | +378% |
| Amounts payable | 17/49 | €1,218,310 | €1,058,437 | -€159,873 | -13.1% |
| Amounts payable after more than one year | 17 | €356,355 | €348,111 | -€8,245 | -2.3% |
| Financial debts | 170/4 | €356,355 | €348,111 | -€8,245 | -2.3% |
| Amounts payable within one year | 42/48 | €821,683 | €670,055 | -€151,628 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €31,159 | €8,245 | -€22,914 | -73.5% |
| Trade debts | 44 | €172,552 | €29,515 | -€143,037 | -82.9% |
| Suppliers | 440/4 | €172,552 | €29,515 | -€143,037 | -82.9% |
| Taxes, remuneration and social security | 45 | €94,223 | €108,349 | +€14,126 | +15.0% |
| Taxes | 450/3 | €58,465 | €45,681 | -€12,784 | -21.9% |
| Remuneration and social security | 454/9 | €35,758 | €62,668 | +€26,910 | +75.3% |
| Other amounts payable | 47/48 | €523,750 | €523,947 | +€197 | 0.0% |
| Accrued charges and deferred income | 492/3 | €40,271 | €40,271 | = | 0.0% |
| Turnover | 70 | - | €4,138,876 | +€4.1m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €3,294,903 | +€3.3m | |
| Remuneration, social security and pensions | 62 | €360,958 | €522,476 | +€161,518 | +44.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,748 | €77,476 | -€31,272 | -28.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€52,357 | - | +€52,357 | |
| Other operating charges | 640/8 | €10,699 | €14,339 | +€3,641 | +34.0% |
| Non-recurring operating charges | 66A | - | €61,119 | +€61,119 | |
| Gross operating margin | 9900 | €490,487 | €842,308 | +€351,821 | +71.7% |
| Operating profit (loss) | 9901 | €62,439 | €166,897 | +€104,458 | +167% |
| Financial income | 75/76B | €9,698 | €49,108 | +€39,410 | +406% |
| Recurring financial income | 75 | €9,698 | €49,108 | +€39,410 | +406% |
| Financial charges | 65/66B | €34,234 | €10,442 | -€23,793 | -69.5% |
| Recurring financial charges | 65 | €34,234 | €10,442 | -€23,793 | -69.5% |
| Profit (loss) for the period before taxes | 9903 | €37,904 | €205,564 | +€167,661 | +442% |
| Income taxes | 67/77 | €12,575 | €47,548 | +€34,973 | +278% |
| Profit (loss) for the period | 9904 | €25,328 | €158,016 | +€132,688 | +524% |
| Profit (loss) for the period to be appropriated | 9905 | €25,328 | €158,016 | +€132,688 | +524% |
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 29 October 2026 via checked.be.