BUILDINVEST: 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.
BUILDINVEST
Largest movements
- Receivables within one year -€598,052
down €598,052 (-36.9%), from €1.6m to €1.0m
of which Other amounts receivable: -€599,016
- Cash +€559,619
up €559,619 (+1,543%), from €36,270 to €595,889
mainly Receivables within one year (+€598,052) and Stocks and contracts (+€380,000)
- Stocks and contracts -€380,000
down €380,000 (-53.3%), from €712,417 to €332,417
- Tangible fixed assets +€77,344
up €77,344 (+2.7%), from €2.8m to €2.9m
of which Land and buildings: +€85,069
- Short-term financial debts -€352,427
no longer reported in 2025 (was €352,427)
- Other debts +€263,027
up €263,027 (+13.9%), from €1.9m to €2.2m
- Profit (loss) carried forward -€223,756
down €223,756 (-93.4%), from -€239,486 to -€463,242
- Gross operating margin -€33,474
down €33,474 (-61.7%), from -€54,248 to -€87,722
- Financial charges -€27,146
down €27,146 (-37.0%), from €73,308 to €46,163
- Financial income +€16,466
up €16,466 (+228%), from €7,222 to €23,688
- Depreciation -€5,800
down €5,800 (-13.0%), from €44,724 to €38,924
- Staff costs +€4,558
up €4,558 (+8.0%), from €57,276 to €61,833
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 | €5,586,266 | €5,252,007 | -€334,259 | -6.0% |
| Fixed assets | 21/28 | €3,134,893 | €3,221,543 | +€86,650 | +2.8% |
| Tangible fixed assets | 22/27 | €2,833,693 | €2,911,036 | +€77,344 | +2.7% |
| Land and buildings | 22 | €2,818,600 | €2,903,669 | +€85,069 | +3.0% |
| Furniture and vehicles | 24 | €14,917 | €7,225 | -€7,692 | -51.6% |
| Other tangible fixed assets | 26 | €175 | €143 | -€33 | -18.6% |
| Financial fixed assets | 28 | €301,200 | €310,506 | +€9,307 | +3.1% |
| Current assets | 29/58 | €2,451,373 | €2,030,464 | -€420,909 | -17.2% |
| Amounts receivable after more than one year | 29 | €77,756 | €77,756 | = | 0.0% |
| Other amounts receivable | 291 | €77,756 | €77,756 | = | 0.0% |
| Stocks and contracts in progress | 3 | €712,417 | €332,417 | -€380,000 | -53.3% |
| Stocks | 30/36 | €712,417 | €332,417 | -€380,000 | -53.3% |
| Amounts receivable within one year | 40/41 | €1,620,495 | €1,022,444 | -€598,052 | -36.9% |
| Trade receivables | 40 | €18,621 | €19,585 | +€964 | +5.2% |
| Other amounts receivable | 41 | €1,601,874 | €1,002,858 | -€599,016 | -37.4% |
| Cash at bank and in hand | 54/58 | €36,270 | €595,889 | +€559,619 | +1,543% |
| Deferred charges and accrued income | 490/1 | €4,435 | €1,958 | -€2,476 | -55.8% |
| Total equity and liabilities | 10/49 | €5,586,266 | €5,252,007 | -€334,259 | -6.0% |
| Equity | 10/15 | €2,495,267 | €2,271,511 | -€223,756 | -9.0% |
| Contributions | 10/11 | €2,725,156 | €2,725,156 | = | 0.0% |
| Capital | 10 | €2,725,156 | €2,725,156 | = | 0.0% |
| Issued capital | 100 | €2,725,156 | €2,725,156 | = | 0.0% |
| Reserves | 13 | €9,596 | €9,596 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,596 | €9,596 | = | 0.0% |
| Legal reserve | 130 | €9,596 | €9,596 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€239,486 | -€463,242 | -€223,756 | -93.4% |
| Amounts payable | 17/49 | €3,091,000 | €2,980,497 | -€110,503 | -3.6% |
| Amounts payable after more than one year | 17 | €731,904 | €688,788 | -€43,116 | -5.9% |
| Financial debts | 170/4 | €730,069 | €687,288 | -€42,781 | -5.9% |
| Other amounts payable | 178/9 | €1,835 | €1,500 | -€335 | -18.3% |
| Amounts payable within one year | 42/48 | €2,347,096 | €2,290,001 | -€57,095 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €41,472 | €42,553 | +€1,082 | +2.6% |
| Financial debts | 43 | €352,427 | - | -€352,427 | |
| Credit institutions | 430/8 | €352,427 | - | -€352,427 | |
| Trade debts | 44 | €53,112 | €49,417 | -€3,694 | -7.0% |
| Suppliers | 440/4 | €53,112 | €49,417 | -€3,694 | -7.0% |
| Taxes, remuneration and social security | 45 | €10,146 | €45,064 | +€34,918 | +344% |
| Taxes | 450/3 | €1,303 | €37,801 | +€36,497 | +2,800% |
| Remuneration and social security | 454/9 | €8,843 | €7,263 | -€1,579 | -17.9% |
| Other amounts payable | 47/48 | €1,889,939 | €2,152,967 | +€263,027 | +13.9% |
| Accrued charges and deferred income | 492/3 | €12,000 | €1,708 | -€10,292 | -85.8% |
| Remuneration, social security and pensions | 62 | €57,276 | €61,833 | +€4,558 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,724 | €38,924 | -€5,800 | -13.0% |
| Other operating charges | 640/8 | €10,230 | €12,455 | +€2,225 | +21.7% |
| Gross operating margin | 9900 | -€54,248 | -€87,722 | -€33,474 | -61.7% |
| Operating profit (loss) | 9901 | -€166,478 | -€200,934 | -€34,456 | -20.7% |
| Financial income | 75/76B | €7,222 | €23,688 | +€16,466 | +228% |
| Recurring financial income | 75 | €7,222 | €23,688 | +€16,466 | +228% |
| Financial charges | 65/66B | €73,308 | €46,163 | -€27,146 | -37.0% |
| Recurring financial charges | 65 | €73,308 | €46,163 | -€27,146 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | -€232,564 | -€223,408 | +€9,156 | +3.9% |
| Income taxes | 67/77 | €379 | €348 | -€31 | -8.2% |
| Profit (loss) for the period | 9904 | -€232,943 | -€223,756 | +€9,187 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€232,943 | -€223,756 | +€9,187 | +3.9% |
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 31 October 2026 via checked.be.