BUILDINQ: 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.
BUILDINQ
Largest movements
- Receivables within one year -€434,115
down €434,115 (-87.1%), from €498,640 to €64,525
of which Other amounts receivable: -€472,876
- Tangible fixed assets -€169,000
down €169,000 (-5.7%), from €3.0m to €2.8m
of which Land and buildings: -€136,937
- Cash +€47,081
up €47,081 (+250%), from €18,795 to €65,876
mainly Receivables within one year (+€434,115) and Depreciation (+€175,714)
- Other debts -€237,852
down €237,852 (-90.2%), from €263,627 to €25,774
- Debts after one year -€128,820
down €128,820 (-8.3%), from €1.6m to €1.4m
of which Financial debts: -€128,820
- Current portion of long-term debt -€86,453
down €86,453 (-39.2%), from €220,799 to €134,346
- Reserves -€59,840
down €59,840 (-5.8%), from €1.0m to €976,771
of which Tax-exempt reserves: -€59,840
- Gross operating margin +€9,148
up €9,148 (+7.6%), from €121,095 to €130,243
- Financial charges +€1,456
up €1,456 (+4.3%), from €33,905 to €35,361
- Other operating charges +€1,436
up €1,436 (+5.3%), from €27,005 to €28,440
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 | €3,500,274 | €2,944,245 | -€556,029 | -15.9% |
| Fixed assets | 21/28 | €2,982,654 | €2,813,654 | -€169,000 | -5.7% |
| Tangible fixed assets | 22/27 | €2,982,654 | €2,813,654 | -€169,000 | -5.7% |
| Land and buildings | 22 | €2,597,808 | €2,460,871 | -€136,937 | -5.3% |
| Leasing and similar rights | 25 | €384,846 | €352,783 | -€32,063 | -8.3% |
| Current assets | 29/58 | €517,620 | €130,591 | -€387,029 | -74.8% |
| Amounts receivable within one year | 40/41 | €498,640 | €64,525 | -€434,115 | -87.1% |
| Trade receivables | 40 | €25,763 | €64,525 | +€38,761 | +150% |
| Other amounts receivable | 41 | €472,876 | - | -€472,876 | |
| Cash at bank and in hand | 54/58 | €18,795 | €65,876 | +€47,081 | +250% |
| Deferred charges and accrued income | 490/1 | €186 | €191 | +€6 | +3.0% |
| Total equity and liabilities | 10/49 | €3,500,274 | €2,944,245 | -€556,029 | -15.9% |
| Equity | 10/15 | €1,111,711 | €1,022,386 | -€89,325 | -8.0% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €1,036,611 | €976,771 | -€59,840 | -5.8% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,006,611 | €946,771 | -€59,840 | -5.9% |
| Profit (loss) carried forward | 14 | -€224,900 | -€254,384 | -€29,485 | -13.1% |
| Provisions and deferred taxes | 16 | €335,537 | €315,590 | -€19,947 | -5.9% |
| Deferred taxes | 168 | €335,537 | €315,590 | -€19,947 | -5.9% |
| Amounts payable | 17/49 | €2,053,026 | €1,606,269 | -€446,757 | -21.8% |
| Amounts payable after more than one year | 17 | €1,557,265 | €1,428,445 | -€128,820 | -8.3% |
| Financial debts | 170/4 | €1,550,965 | €1,422,145 | -€128,820 | -8.3% |
| Other amounts payable | 178/9 | €6,300 | €6,300 | = | 0.0% |
| Amounts payable within one year | 42/48 | €494,399 | €176,583 | -€317,815 | -64.3% |
| Current portion of amounts payable after more than one year | 42 | €220,799 | €134,346 | -€86,453 | -39.2% |
| Trade debts | 44 | €9,973 | €16,463 | +€6,490 | +65.1% |
| Suppliers | 440/4 | €9,973 | €16,463 | +€6,490 | +65.1% |
| Other amounts payable | 47/48 | €263,627 | €25,774 | -€237,852 | -90.2% |
| Accrued charges and deferred income | 492/3 | €1,362 | €1,240 | -€122 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €174,594 | €175,714 | +€1,120 | +0.6% |
| Other operating charges | 640/8 | €27,005 | €28,440 | +€1,436 | +5.3% |
| Gross operating margin | 9900 | €121,095 | €130,243 | +€9,148 | +7.6% |
| Operating profit (loss) | 9901 | -€80,504 | -€73,911 | +€6,593 | +8.2% |
| Financial income | 75/76B | €16 | €0 | -€16 | -99.9% |
| Recurring financial income | 75 | €16 | €0 | -€16 | -99.9% |
| Financial charges | 65/66B | €33,905 | €35,361 | +€1,456 | +4.3% |
| Recurring financial charges | 65 | €33,905 | €35,361 | +€1,456 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | -€114,393 | -€109,272 | +€5,121 | +4.5% |
| Transfer from deferred taxes | 780 | €19,947 | €19,947 | +€0 | 0.0% |
| Profit (loss) for the period | 9904 | -€94,446 | -€89,325 | +€5,121 | +5.4% |
| Transfer from tax-exempt reserves | 789 | €59,840 | €59,840 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,606 | -€29,485 | +€5,121 | +14.8% |
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 13 October 2026 via checked.be.