BUILDING PROJECT MANAGEMENT: 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 MANAGEMENT
Largest movements
- Receivables within one year -€120,983
down €120,983 (-27.9%), from €433,565 to €312,582
of which Trade receivables: -€119,735
- Cash +€34,355
up €34,355 (+46.6%), from €73,795 to €108,150
mainly Receivables within one year (+€120,983) and Net result for the year (+€120,160)
- Deferred charges and accrued income +€14,354
up €14,354 (+105%), from €13,710 to €28,064
- Other debts -€123,419
down €123,419 (-60.5%), from €204,164 to €80,745
- Profit (loss) carried forward +€40,000
up €40,000 (+36.5%), from €109,540 to €149,540
- Trade debts +€26,009
up €26,009 (+33.1%), from €78,545 to €104,553
- Tax, wage and social debts -€23,161
down €23,161 (-25.2%), from €92,088 to €68,927
of which Taxes: -€17,824
- Gross operating margin -€104,362
down €104,362 (-26.2%), from €398,359 to €293,996
- Taxes -€36,129
down €36,129 (-44.8%), from €80,686 to €44,557
- Staff costs +€9,220
up €9,220 (+8.4%), from €109,959 to €119,178
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €544,797 | €464,225 | -€80,572 | -14.8% |
| Fixed assets | 21/28 | €13,726 | €10,429 | -€3,297 | -24.0% |
| Tangible fixed assets | 22/27 | €13,486 | €10,189 | -€3,297 | -24.5% |
| Plant, machinery and equipment | 23 | €2,805 | €2,022 | -€783 | -27.9% |
| Furniture and vehicles | 24 | €9,181 | €6,666 | -€2,515 | -27.4% |
| Other tangible fixed assets | 26 | €1,500 | €1,500 | = | 0.0% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €531,071 | €453,796 | -€77,274 | -14.6% |
| Amounts receivable after more than one year | 29 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Trade receivables | 290 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Amounts receivable within one year | 40/41 | €433,565 | €312,582 | -€120,983 | -27.9% |
| Trade receivables | 40 | €430,727 | €310,991 | -€119,735 | -27.8% |
| Other amounts receivable | 41 | €2,838 | €1,591 | -€1,248 | -44.0% |
| Cash at bank and in hand | 54/58 | €73,795 | €108,150 | +€34,355 | +46.6% |
| Deferred charges and accrued income | 490/1 | €13,710 | €28,064 | +€14,354 | +105% |
| Total equity and liabilities | 10/49 | €544,797 | €464,225 | -€80,572 | -14.8% |
| Equity | 10/15 | €170,000 | €210,000 | +€40,000 | +23.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,860 | €41,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,540 | €149,540 | +€40,000 | +36.5% |
| Amounts payable | 17/49 | €374,797 | €254,225 | -€120,572 | -32.2% |
| Amounts payable within one year | 42/48 | €374,797 | €254,225 | -€120,572 | -32.2% |
| Trade debts | 44 | €78,545 | €104,553 | +€26,009 | +33.1% |
| Suppliers | 440/4 | €78,545 | €104,553 | +€26,009 | +33.1% |
| Taxes, remuneration and social security | 45 | €92,088 | €68,927 | -€23,161 | -25.2% |
| Taxes | 450/3 | €67,101 | €49,276 | -€17,824 | -26.6% |
| Remuneration and social security | 454/9 | €24,987 | €19,651 | -€5,337 | -21.4% |
| Other amounts payable | 47/48 | €204,164 | €80,745 | -€123,419 | -60.5% |
| Remuneration, social security and pensions | 62 | €109,959 | €119,178 | +€9,220 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,782 | €4,603 | +€821 | +21.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,740 | +€3,740 | |
| Other operating charges | 640/8 | €968 | €2,070 | +€1,102 | +114% |
| Gross operating margin | 9900 | €398,359 | €293,996 | -€104,362 | -26.2% |
| Operating profit (loss) | 9901 | €283,650 | €164,405 | -€119,246 | -42.0% |
| Financial income | 75/76B | €1,317 | €485 | -€832 | -63.2% |
| Recurring financial income | 75 | €1,317 | €485 | -€832 | -63.2% |
| Financial charges | 65/66B | €117 | €173 | +€56 | +47.7% |
| Recurring financial charges | 65 | €117 | €173 | +€56 | +47.7% |
| Profit (loss) for the period before taxes | 9903 | €284,850 | €164,716 | -€120,133 | -42.2% |
| Income taxes | 67/77 | €80,686 | €44,557 | -€36,129 | -44.8% |
| Profit (loss) for the period | 9904 | €204,164 | €120,160 | -€84,004 | -41.1% |
| Profit (loss) for the period to be appropriated | 9905 | €204,164 | €120,160 | -€84,004 | -41.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.