BUILDTECHNICS: 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.
BUILDTECHNICS
Largest movements
- Receivables within one year -€44,227
down €44,227 (-19.7%), from €224,746 to €180,520
of which Trade receivables: -€46,054
- Tangible fixed assets -€41,009
down €41,009 (-29.8%), from €137,606 to €96,597
of which Furniture and vehicles: -€29,354
- Deferred charges and accrued income +€19,608
up €19,608 (+354.2%), from €5,535 to €25,143
- Stocks and contracts +€18,141
up €18,141 (+13.1%), from €138,182 to €156,323
- Debts after one year -€25,744
down €25,744 (-48.8%), from €52,709 to €26,965
- Current portion of long-term debt -€16,217
down €16,217 (-36.3%), from €44,670 to €28,453
- Trade debts -€8,565
down €8,565 (-23.5%), from €36,467 to €27,903
- Gross operating margin -€45,751
down €45,751 (-42.4%), from €107,915 to €62,164
- Taxes -€14,102
down €14,102 (-81.6%), from €17,275 to €3,173
- Depreciation +€8,048
up €8,048 (+18.8%), from €42,856 to €50,904
- Financial income +€2,061
up €2,061 (+255.4%), from €807 to €2,868
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 | €563,673 | €514,537 | -€49,136 | -8.7% |
| Fixed assets | 21/28 | €141,791 | €100,782 | -€41,009 | -28.9% |
| Tangible fixed assets | 22/27 | €137,606 | €96,597 | -€41,009 | -29.8% |
| Plant, machinery and equipment | 23 | €13,061 | €11,510 | -€1,551 | -11.9% |
| Furniture and vehicles | 24 | €105,582 | €76,228 | -€29,354 | -27.8% |
| Leasing and similar rights | 25 | €18,963 | €8,859 | -€10,104 | -53.3% |
| Financial fixed assets | 28 | €4,185 | €4,185 | = | 0.0% |
| Current assets | 29/58 | €421,882 | €413,755 | -€8,127 | -1.9% |
| Stocks and contracts in progress | 3 | €138,182 | €156,323 | +€18,141 | +13.1% |
| Stocks | 30/36 | €138,182 | €156,323 | +€18,141 | +13.1% |
| Amounts receivable within one year | 40/41 | €224,746 | €180,520 | -€44,227 | -19.7% |
| Trade receivables | 40 | €224,105 | €178,051 | -€46,054 | -20.6% |
| Other amounts receivable | 41 | €641 | €2,468 | +€1,827 | +285.0% |
| Cash at bank and in hand | 54/58 | €53,419 | €51,770 | -€1,649 | -3.1% |
| Deferred charges and accrued income | 490/1 | €5,535 | €25,143 | +€19,608 | +354.2% |
| Total equity and liabilities | 10/49 | €563,673 | €514,537 | -€49,136 | -8.7% |
| Equity | 10/15 | €289,625 | €294,284 | +€4,659 | +1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €271,025 | €275,684 | +€4,659 | +1.7% |
| Distributable reserves | 133 | €271,025 | €275,684 | +€4,659 | +1.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €274,048 | €220,253 | -€53,795 | -19.6% |
| Amounts payable after more than one year | 17 | €52,709 | €26,965 | -€25,744 | -48.8% |
| Financial debts | 170/4 | €52,709 | €26,965 | -€25,744 | -48.8% |
| Amounts payable within one year | 42/48 | €215,621 | €188,569 | -€27,052 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €44,670 | €28,453 | -€16,217 | -36.3% |
| Trade debts | 44 | €36,467 | €27,903 | -€8,565 | -23.5% |
| Suppliers | 440/4 | €36,467 | €27,903 | -€8,565 | -23.5% |
| Taxes, remuneration and social security | 45 | €13,702 | €11,543 | -€2,159 | -15.8% |
| Taxes | 450/3 | €13,702 | €9,443 | -€4,259 | -31.1% |
| Remuneration and social security | 454/9 | €0 | €2,100 | +€2,100 | |
| Other amounts payable | 47/48 | €120,782 | €120,670 | -€112 | -0.1% |
| Accrued charges and deferred income | 492/3 | €5,719 | €4,719 | -€999 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,856 | €50,904 | +€8,048 | +18.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €869 | +€869 | |
| Other operating charges | 640/8 | €1,652 | €1,556 | -€97 | -5.9% |
| Gross operating margin | 9900 | €107,915 | €62,164 | -€45,751 | -42.4% |
| Operating profit (loss) | 9901 | €63,407 | €8,835 | -€54,572 | -86.1% |
| Financial income | 75/76B | €807 | €2,868 | +€2,061 | +255.4% |
| Recurring financial income | 75 | €807 | €2,868 | +€2,061 | +255.4% |
| Financial charges | 65/66B | €4,711 | €3,871 | -€840 | -17.8% |
| Recurring financial charges | 65 | €4,711 | €3,871 | -€840 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €59,503 | €7,832 | -€51,671 | -86.8% |
| Income taxes | 67/77 | €17,275 | €3,173 | -€14,102 | -81.6% |
| Profit (loss) for the period | 9904 | €42,229 | €4,659 | -€37,569 | -89.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,229 | €4,659 | -€37,569 | -89.0% |
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 9 October 2026 via checked.be.