Building People: 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 People
Largest movements
- Deferred charges and accrued income +€12,648
up €12,648 (+230%), from €5,491 to €18,140
- Cash -€6,669
down €6,669 (-12.3%), from €54,026 to €47,357
mainly Contributions, distributions and other (-€27,059) and Investment in fixed assets (net) (-€16,293)
- Tangible fixed assets +€5,100
up €5,100 (+6.4%), from €79,755 to €84,855
of which Furniture and vehicles: +€3,847
- Reserves +€8,475
up €8,475 (+8.4%), from €100,945 to €109,420
- Current portion of long-term debt +€2,934
up €2,934 (+36.0%), from €8,151 to €11,085
- Trade debts -€2,509
down €2,509 (-13.9%), from €18,031 to €15,522
- Gross operating margin -€10,178
down €10,178 (-13.0%), from €78,353 to €68,175
- Depreciation +€2,096
up €2,096 (+19.8%), from €10,597 to €12,693
- Taxes -€1,561
down €1,561 (-11.4%), from €13,737 to €12,176
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 | €200,920 | €209,590 | +€8,670 | +4.3% |
| Fixed assets | 21/28 | €82,437 | €86,037 | +€3,600 | +4.4% |
| Intangible fixed assets | 21 | €2,682 | €1,181 | -€1,500 | -55.9% |
| Tangible fixed assets | 22/27 | €79,755 | €84,855 | +€5,100 | +6.4% |
| Furniture and vehicles | 24 | €10,013 | €13,861 | +€3,847 | +38.4% |
| Other tangible fixed assets | 26 | €69,742 | €70,995 | +€1,253 | +1.8% |
| Current assets | 29/58 | €118,484 | €123,553 | +€5,070 | +4.3% |
| Amounts receivable within one year | 40/41 | €58,966 | €58,057 | -€909 | -1.5% |
| Trade receivables | 40 | €57,672 | €56,021 | -€1,651 | -2.9% |
| Other amounts receivable | 41 | €1,295 | €2,036 | +€741 | +57.2% |
| Cash at bank and in hand | 54/58 | €54,026 | €47,357 | -€6,669 | -12.3% |
| Deferred charges and accrued income | 490/1 | €5,491 | €18,140 | +€12,648 | +230% |
| Total equity and liabilities | 10/49 | €200,920 | €209,590 | +€8,670 | +4.3% |
| Equity | 10/15 | €105,945 | €114,420 | +€8,475 | +8.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €100,945 | €109,420 | +€8,475 | +8.4% |
| Distributable reserves | 133 | €100,945 | €109,420 | +€8,475 | +8.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €94,975 | €95,170 | +€195 | +0.2% |
| Amounts payable after more than one year | 17 | €50,599 | €48,549 | -€2,050 | -4.1% |
| Financial debts | 170/4 | €50,599 | €48,549 | -€2,050 | -4.1% |
| Amounts payable within one year | 42/48 | €43,802 | €45,767 | +€1,965 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €8,151 | €11,085 | +€2,934 | +36.0% |
| Financial debts | 43 | - | €1,013 | +€1,013 | |
| Credit institutions | 430/8 | - | €1,013 | +€1,013 | |
| Trade debts | 44 | €18,031 | €15,522 | -€2,509 | -13.9% |
| Suppliers | 440/4 | €18,031 | €15,522 | -€2,509 | -13.9% |
| Taxes, remuneration and social security | 45 | €15,707 | €15,047 | -€660 | -4.2% |
| Taxes | 450/3 | €15,707 | €15,047 | -€660 | -4.2% |
| Other amounts payable | 47/48 | €1,914 | €3,101 | +€1,187 | +62.0% |
| Accrued charges and deferred income | 492/3 | €575 | €855 | +€280 | +48.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,597 | €12,693 | +€2,096 | +19.8% |
| Other operating charges | 640/8 | €1,406 | €1,189 | -€217 | -15.4% |
| Non-recurring operating charges | 66A | - | €706 | +€706 | |
| Gross operating margin | 9900 | €78,353 | €68,175 | -€10,178 | -13.0% |
| Operating profit (loss) | 9901 | €66,350 | €53,586 | -€12,764 | -19.2% |
| Financial income | 75/76B | €117 | €22 | -€95 | -81.4% |
| Recurring financial income | 75 | €117 | €22 | -€95 | -81.4% |
| Financial charges | 65/66B | €5,843 | €5,898 | +€55 | +0.9% |
| Recurring financial charges | 65 | €5,843 | €5,898 | +€55 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €60,624 | €47,710 | -€12,914 | -21.3% |
| Income taxes | 67/77 | €13,737 | €12,176 | -€1,561 | -11.4% |
| Profit (loss) for the period | 9904 | €46,887 | €35,534 | -€11,353 | -24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €46,887 | €35,534 | -€11,353 | -24.2% |
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 1 November 2026 via checked.be.