Building Together: 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 Together
Largest movements
- Stocks and contracts +€128,618
up €128,618 (+143.6%), from €89,550 to €218,168
of which Contracts in progress: +€148,668
- Cash -€38,378
down €38,378 (-66.7%), from €57,570 to €19,192
mainly Stocks and contracts (-€128,618) and Receivables within one year (-€4,392)
- Deferred charges and accrued income -€5,043
down €5,043 (-64.9%), from €7,768 to €2,725
- Receivables within one year +€4,392
up €4,392 (+8.0%), from €55,098 to €59,489
- Other debts +€54,538
up €54,538 (+149.9%), from €36,382 to €90,920
- Trade debts +€21,107
up €21,107 (+45.2%), from €46,724 to €67,831
- Tax, wage and social debts +€7,724
up €7,724 (+105.1%), from €7,349 to €15,073
of which Taxes: +€6,950
- Reserves +€6,188
up €6,188 (+10.6%), from €58,159 to €64,347
of which Distributable reserves: +€6,914
- Gross operating margin +€33,857
up €33,857 (+29.7%), from €113,818 to €147,675
- Staff costs +€15,202
up €15,202 (+13.7%), from €111,010 to €126,212
- Taxes +€4,463
up €4,463 (+551.1%), from €810 to €5,273
- Other operating charges +€4,444
up €4,444 (+224.7%), from €1,978 to €6,421
- Financial income -€3,575
down €3,575 (-38.1%), from €9,383 to €5,807
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.
Cash bridge derived
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 | €217,213 | €307,076 | +€89,863 | +41.4% |
| Fixed assets | 21/28 | €7,228 | €7,502 | +€274 | +3.8% |
| Tangible fixed assets | 22/27 | €5,788 | €6,063 | +€274 | +4.7% |
| Plant, machinery and equipment | 23 | €5,070 | €3,804 | -€1,266 | -25.0% |
| Furniture and vehicles | 24 | €719 | €2,259 | +€1,540 | +214.2% |
| Financial fixed assets | 28 | €1,439 | €1,439 | = | 0.0% |
| Current assets | 29/58 | €209,986 | €299,574 | +€89,589 | +42.7% |
| Stocks and contracts in progress | 3 | €89,550 | €218,168 | +€128,618 | +143.6% |
| Stocks | 30/36 | €20,050 | €0 | -€20,050 | -100.0% |
| Contracts in progress | 37 | €69,500 | €218,168 | +€148,668 | +213.9% |
| Amounts receivable within one year | 40/41 | €55,098 | €59,489 | +€4,392 | +8.0% |
| Trade receivables | 40 | €55,098 | €59,489 | +€4,392 | +8.0% |
| Cash at bank and in hand | 54/58 | €57,570 | €19,192 | -€38,378 | -66.7% |
| Deferred charges and accrued income | 490/1 | €7,768 | €2,725 | -€5,043 | -64.9% |
| Total equity and liabilities | 10/49 | €217,213 | €307,076 | +€89,863 | +41.4% |
| Equity | 10/15 | €126,759 | €132,947 | +€6,188 | +4.9% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Reserves | 13 | €58,159 | €64,347 | +€6,188 | +10.6% |
| Non-distributable reserves | 130/1 | €726 | €0 | -€726 | -100.0% |
| Reserves not available under the articles | 1311 | €726 | €0 | -€726 | -100.0% |
| Distributable reserves | 133 | €57,434 | €64,347 | +€6,914 | +12.0% |
| Amounts payable | 17/49 | €90,454 | €174,129 | +€83,675 | +92.5% |
| Amounts payable within one year | 42/48 | €90,454 | €173,824 | +€83,370 | +92.2% |
| Trade debts | 44 | €46,724 | €67,831 | +€21,107 | +45.2% |
| Suppliers | 440/4 | €46,724 | €67,831 | +€21,107 | +45.2% |
| Taxes, remuneration and social security | 45 | €7,349 | €15,073 | +€7,724 | +105.1% |
| Taxes | 450/3 | €4,581 | €11,532 | +€6,950 | +151.7% |
| Remuneration and social security | 454/9 | €2,768 | €3,542 | +€774 | +28.0% |
| Other amounts payable | 47/48 | €36,382 | €90,920 | +€54,538 | +149.9% |
| Accrued charges and deferred income | 492/3 | - | €305 | +€305 | |
| Remuneration, social security and pensions | 62 | €111,010 | €126,212 | +€15,202 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,946 | €2,582 | +€635 | +32.6% |
| Other operating charges | 640/8 | €1,978 | €6,421 | +€4,444 | +224.7% |
| Gross operating margin | 9900 | €113,818 | €147,675 | +€33,857 | +29.7% |
| Operating profit (loss) | 9901 | -€1,116 | €12,460 | +€13,576 | |
| Financial income | 75/76B | €9,383 | €5,807 | -€3,575 | -38.1% |
| Recurring financial income | 75 | €9,383 | €5,807 | -€3,575 | -38.1% |
| Financial charges | 65/66B | €6,787 | €6,806 | +€19 | +0.3% |
| Recurring financial charges | 65 | €6,787 | €6,806 | +€19 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €1,480 | €11,461 | +€9,981 | +674.5% |
| Income taxes | 67/77 | €810 | €5,273 | +€4,463 | +551.1% |
| Profit (loss) for the period | 9904 | €670 | €6,188 | +€5,518 | +823.5% |
| Profit (loss) for the period to be appropriated | 9905 | €670 | €6,188 | +€5,518 | +823.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.