Building Technics: 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 Technics
Largest movements
- Stocks and contracts +€315,715
up €315,715 (+517%), from €61,100 to €376,815
- Receivables within one year -€63,030
down €63,030 (-28.8%), from €219,044 to €156,014
of which Trade receivables: -€57,799
- Tangible fixed assets -€30,024
down €30,024 (-8.8%), from €341,382 to €311,358
- Cash +€14,863
up €14,863 (+45.4%), from €32,717 to €47,580
mainly Debts after one year (+€203,085) and Trade debts (+€71,176)
- Debts after one year +€203,085
up €203,085 (+97.1%), from €209,166 to €412,250
- Trade debts +€71,176
up €71,176 (+55.9%), from €127,396 to €198,572
- Other debts -€58,826
down €58,826 (-40.0%), from €146,910 to €88,084
- Reserves +€20,157
up €20,157 (+16.7%), from €120,663 to €140,819
of which Distributable reserves: +€20,157
- Current portion of long-term debt +€11,854
up €11,854 (+40.9%), from €28,994 to €40,848
- Gross operating margin -€49,892
down €49,892 (-23.7%), from €210,687 to €160,795
- Staff costs -€14,739
down €14,739 (-16.6%), from €88,893 to €74,154
- Financial charges +€9,578
up €9,578 (+194%), from €4,947 to €14,525
- Depreciation +€3,447
up €3,447 (+9.4%), from €36,705 to €40,152
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 | €664,430 | €907,769 | +€243,339 | +36.6% |
| Fixed assets | 21/28 | €344,240 | €317,380 | -€26,860 | -7.8% |
| Intangible fixed assets | 21 | €2,723 | €5,886 | +€3,164 | +116% |
| Tangible fixed assets | 22/27 | €341,382 | €311,358 | -€30,024 | -8.8% |
| Land and buildings | 22 | €254,025 | €243,489 | -€10,536 | -4.1% |
| Plant, machinery and equipment | 23 | €44,616 | €37,758 | -€6,858 | -15.4% |
| Furniture and vehicles | 24 | €42,742 | €30,112 | -€12,630 | -29.5% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €320,190 | €590,389 | +€270,199 | +84.4% |
| Stocks and contracts in progress | 3 | €61,100 | €376,815 | +€315,715 | +517% |
| Stocks | 30/36 | €61,100 | €376,815 | +€315,715 | +517% |
| Amounts receivable within one year | 40/41 | €219,044 | €156,014 | -€63,030 | -28.8% |
| Trade receivables | 40 | €175,988 | €118,190 | -€57,799 | -32.8% |
| Other amounts receivable | 41 | €43,055 | €37,824 | -€5,232 | -12.2% |
| Cash at bank and in hand | 54/58 | €32,717 | €47,580 | +€14,863 | +45.4% |
| Deferred charges and accrued income | 490/1 | €7,329 | €9,981 | +€2,651 | +36.2% |
| Total equity and liabilities | 10/49 | €664,430 | €907,769 | +€243,339 | +36.6% |
| Equity | 10/15 | €139,263 | €159,419 | +€20,157 | +14.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €120,663 | €140,819 | +€20,157 | +16.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €120,663 | €140,819 | +€20,157 | +16.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €525,167 | €748,350 | +€223,182 | +42.5% |
| Amounts payable after more than one year | 17 | €209,166 | €412,250 | +€203,085 | +97.1% |
| Financial debts | 170/4 | €209,166 | €412,250 | +€203,085 | +97.1% |
| Amounts payable within one year | 42/48 | €315,621 | €334,575 | +€18,954 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €28,994 | €40,848 | +€11,854 | +40.9% |
| Trade debts | 44 | €127,396 | €198,572 | +€71,176 | +55.9% |
| Suppliers | 440/4 | €127,396 | €198,572 | +€71,176 | +55.9% |
| Taxes, remuneration and social security | 45 | €12,321 | €7,071 | -€5,250 | -42.6% |
| Taxes | 450/3 | €7,411 | €2,539 | -€4,872 | -65.7% |
| Remuneration and social security | 454/9 | €4,910 | €4,532 | -€378 | -7.7% |
| Other amounts payable | 47/48 | €146,910 | €88,084 | -€58,826 | -40.0% |
| Accrued charges and deferred income | 492/3 | €380 | €1,524 | +€1,144 | +301% |
| Remuneration, social security and pensions | 62 | €88,893 | €74,154 | -€14,739 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,705 | €40,152 | +€3,447 | +9.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,000 | +€1,000 | |
| Other operating charges | 640/8 | €5,187 | €3,664 | -€1,523 | -29.4% |
| Gross operating margin | 9900 | €210,687 | €160,795 | -€49,892 | -23.7% |
| Operating profit (loss) | 9901 | €79,902 | €41,825 | -€38,077 | -47.7% |
| Financial income | 75/76B | €551 | €262 | -€289 | -52.4% |
| Recurring financial income | 75 | €551 | €262 | -€289 | -52.4% |
| Financial charges | 65/66B | €4,947 | €14,525 | +€9,578 | +194% |
| Recurring financial charges | 65 | €4,947 | €14,525 | +€9,578 | +194% |
| Profit (loss) for the period before taxes | 9903 | €75,506 | €27,562 | -€47,944 | -63.5% |
| Income taxes | 67/77 | €8,500 | €7,406 | -€1,094 | -12.9% |
| Profit (loss) for the period | 9904 | €67,007 | €20,157 | -€46,850 | -69.9% |
| Profit (loss) for the period to be appropriated | 9905 | €67,007 | €20,157 | -€46,850 | -69.9% |
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.