BUILDING SERVICE: 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 SERVICE
Largest movements
- Cash +€84,682
up €84,682 (+85.0%), from €99,571 to €184,253
mainly Net result for the year (+€217,743) and Depreciation (+€74,650)
- Receivables within one year +€66,127
up €66,127 (+18.9%), from €349,931 to €416,057
of which Other amounts receivable: +€61,037
- Current investments +€58,494
up €58,494 (+10.8%), from €539,500 to €597,994
- Reserves +€217,743
up €217,743 (+11.4%), from €1.9m to €2.1m
- Debts after one year -€39,612
down €39,612 (-11.6%), from €342,917 to €303,305
- Financial income -€8,523
down €8,523 (-45.5%), from €18,726 to €10,203
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 | €2,412,479 | €2,605,127 | +€192,648 | +8.0% |
| Fixed assets | 21/28 | €1,414,063 | €1,402,373 | -€11,690 | -0.8% |
| Tangible fixed assets | 22/27 | €1,414,063 | €1,402,373 | -€11,690 | -0.8% |
| Land and buildings | 22 | €521,616 | €478,846 | -€42,770 | -8.2% |
| Plant, machinery and equipment | 23 | €3,141 | €2,878 | -€263 | -8.4% |
| Furniture and vehicles | 24 | €2,003 | €2,449 | +€447 | +22.3% |
| Assets under construction and advance payments | 27 | €887,302 | €918,199 | +€30,897 | +3.5% |
| Current assets | 29/58 | €998,416 | €1,202,754 | +€204,338 | +20.5% |
| Amounts receivable within one year | 40/41 | €349,931 | €416,057 | +€66,127 | +18.9% |
| Trade receivables | 40 | €142,868 | €147,958 | +€5,090 | +3.6% |
| Other amounts receivable | 41 | €207,063 | €268,100 | +€61,037 | +29.5% |
| Current investments | 50/53 | €539,500 | €597,994 | +€58,494 | +10.8% |
| Cash at bank and in hand | 54/58 | €99,571 | €184,253 | +€84,682 | +85.0% |
| Deferred charges and accrued income | 490/1 | €9,414 | €4,449 | -€4,965 | -52.7% |
| Total equity and liabilities | 10/49 | €2,412,479 | €2,605,127 | +€192,648 | +8.0% |
| Equity | 10/15 | €1,928,530 | €2,146,273 | +€217,743 | +11.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,909,930 | €2,127,673 | +€217,743 | +11.4% |
| Distributable reserves | 133 | €1,909,930 | €2,127,673 | +€217,743 | +11.4% |
| Amounts payable | 17/49 | €483,949 | €458,854 | -€25,095 | -5.2% |
| Amounts payable after more than one year | 17 | €342,917 | €303,305 | -€39,612 | -11.6% |
| Financial debts | 170/4 | €342,917 | €303,305 | -€39,612 | -11.6% |
| Amounts payable within one year | 42/48 | €141,032 | €155,549 | +€14,517 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €42,473 | €39,612 | -€2,861 | -6.7% |
| Financial debts | 43 | €53,700 | €53,189 | -€511 | -1.0% |
| Credit institutions | 430/8 | €53,700 | €53,189 | -€511 | -1.0% |
| Trade debts | 44 | €22,258 | €39,789 | +€17,531 | +78.8% |
| Suppliers | 440/4 | €22,258 | €39,789 | +€17,531 | +78.8% |
| Taxes, remuneration and social security | 45 | €22,601 | €22,959 | +€358 | +1.6% |
| Taxes | 450/3 | €22,601 | €22,959 | +€358 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,732 | €74,650 | +€2,918 | +4.1% |
| Other operating charges | 640/8 | €4,232 | €3,861 | -€371 | -8.8% |
| Gross operating margin | 9900 | €404,591 | €404,539 | -€51 | 0.0% |
| Operating profit (loss) | 9901 | €328,627 | €326,028 | -€2,599 | -0.8% |
| Financial income | 75/76B | €18,726 | €10,203 | -€8,523 | -45.5% |
| Recurring financial income | 75 | €18,726 | €10,203 | -€8,523 | -45.5% |
| Financial charges | 65/66B | €22,797 | €21,338 | -€1,459 | -6.4% |
| Recurring financial charges | 65 | €22,797 | €21,338 | -€1,459 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €324,557 | €314,894 | -€9,663 | -3.0% |
| Income taxes | 67/77 | €100,164 | €97,151 | -€3,012 | -3.0% |
| Profit (loss) for the period | 9904 | €224,393 | €217,743 | -€6,651 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €224,393 | €217,743 | -€6,651 | -3.0% |
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 19 October 2026 via checked.be.