BUILDING PROJECT: 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 PROJECT
Largest movements
- Receivables within one year +€23,017
up €23,017 (+22.2%), from €103,886 to €126,903
of which Trade receivables: +€23,781
- Cash +€7,269
up €7,269 (+47.8%), from €15,215 to €22,484
mainly Other debts (+€32,007) and Advances received (+€29,528)
- Financial fixed assets +€5,200
new in 2024: €5,200
- Trade debts -€43,380
down €43,380 (-47.6%), from €91,200 to €47,820
- Other debts +€32,007
up €32,007 (+792%), from €4,040 to €36,047
- Advances received +€29,528
new in 2024: €29,528
- Profit (loss) carried forward +€12,069
up €12,069 (+89.7%), from €13,458 to €25,527
- Tax, wage and social debts +€5,643
up €5,643 (+160%), from €3,522 to €9,165
- Financial charges +€929
up €929 (+2,732%), from €34 to €963
- Gross operating margin +€851
up €851 (+4.9%), from €17,398 to €18,249
- Taxes +€463
up €463 (+13.1%), from €3,522 to €3,985
- Other operating charges +€396
up €396 (+103%), from €384 to €780
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €119,101 | €154,587 | +€35,486 | +29.8% |
| Fixed assets | 21/28 | - | €5,200 | +€5,200 | |
| Financial fixed assets | 28 | - | €5,200 | +€5,200 | |
| Current assets | 29/58 | €119,101 | €149,387 | +€30,286 | +25.4% |
| Amounts receivable within one year | 40/41 | €103,886 | €126,903 | +€23,017 | +22.2% |
| Trade receivables | 40 | €103,122 | €126,903 | +€23,781 | +23.1% |
| Other amounts receivable | 41 | €764 | - | -€764 | |
| Cash at bank and in hand | 54/58 | €15,215 | €22,484 | +€7,269 | +47.8% |
| Total equity and liabilities | 10/49 | €119,101 | €154,587 | +€35,486 | +29.8% |
| Equity | 10/15 | €19,958 | €32,027 | +€12,069 | +60.5% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Capital | 10 | €6,500 | €6,500 | = | 0.0% |
| Issued capital | 100 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,458 | €25,527 | +€12,069 | +89.7% |
| Amounts payable | 17/49 | €99,143 | €122,560 | +€23,417 | +23.6% |
| Amounts payable within one year | 42/48 | €98,762 | €122,560 | +€23,798 | +24.1% |
| Trade debts | 44 | €91,200 | €47,820 | -€43,380 | -47.6% |
| Suppliers | 440/4 | €91,200 | €47,820 | -€43,380 | -47.6% |
| Advances received on contracts in progress | 46 | - | €29,528 | +€29,528 | |
| Taxes, remuneration and social security | 45 | €3,522 | €9,165 | +€5,643 | +160% |
| Taxes | 450/3 | €3,522 | €9,165 | +€5,643 | +160% |
| Other amounts payable | 47/48 | €4,040 | €36,047 | +€32,007 | +792% |
| Accrued charges and deferred income | 492/3 | €381 | - | -€381 | |
| Non-recurring operating income | 76A | - | €134 | +€134 | |
| Other operating charges | 640/8 | €384 | €780 | +€396 | +103% |
| Non-recurring operating charges | 66A | - | €452 | +€452 | |
| Gross operating margin | 9900 | €17,398 | €18,249 | +€851 | +4.9% |
| Operating profit (loss) | 9901 | €17,014 | €17,017 | +€3 | 0.0% |
| Financial charges | 65/66B | €34 | €963 | +€929 | +2,732% |
| Recurring financial charges | 65 | €34 | €963 | +€929 | +2,732% |
| Profit (loss) for the period before taxes | 9903 | €16,980 | €16,054 | -€926 | -5.5% |
| Income taxes | 67/77 | €3,522 | €3,985 | +€463 | +13.1% |
| Profit (loss) for the period | 9904 | €13,458 | €12,069 | -€1,389 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,458 | €12,069 | -€1,389 | -10.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.