BUILTRO: what changed
Two fiscal 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.
BUILTRO
Largest movements
- Current investments -€30,000
down €30,000 (-37.5%), from €80,000 to €50,000
- Tangible fixed assets -€13,223
down €13,223 (-27.8%), from €47,603 to €34,380
- Cash +€10,483
up €10,483 (+35.6%), from €29,465 to €39,948
mainly Current investments (+€30,000) and Depreciation (+€13,223)
- Receivables within one year +€7,320
new in 2025: €7,320
of which Other amounts receivable: +€3,750
- Short-term financial debts -€40,000
no longer reported in 2025 (was €40,000)
- Reserves +€12,990
up €12,990 (+17.1%), from €76,180 to €89,170
- Gross operating margin -€30,705
down €30,705 (-48.6%), from €63,234 to €32,529
- Taxes -€9,672
down €9,672 (-59.0%), from €16,400 to €6,728
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 | €159,237 | €132,893 | -€26,344 | -16.5% |
| Fixed assets | 21/28 | €47,603 | €34,380 | -€13,223 | -27.8% |
| Tangible fixed assets | 22/27 | €47,603 | €34,380 | -€13,223 | -27.8% |
| Furniture and vehicles | 24 | €47,603 | €34,380 | -€13,223 | -27.8% |
| Current assets | 29/58 | €111,634 | €98,513 | -€13,121 | -11.8% |
| Amounts receivable within one year | 40/41 | - | €7,320 | +€7,320 | |
| Trade receivables | 40 | - | €3,570 | +€3,570 | |
| Other amounts receivable | 41 | - | €3,750 | +€3,750 | |
| Current investments | 50/53 | €80,000 | €50,000 | -€30,000 | -37.5% |
| Cash at bank and in hand | 54/58 | €29,465 | €39,948 | +€10,483 | +35.6% |
| Deferred charges and accrued income | 490/1 | €2,169 | €1,246 | -€923 | -42.6% |
| Total equity and liabilities | 10/49 | €159,237 | €132,893 | -€26,344 | -16.5% |
| Equity | 10/15 | €113,388 | €126,384 | +€12,996 | +11.5% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €76,180 | €89,170 | +€12,990 | +17.1% |
| Distributable reserves | 133 | €76,180 | €89,170 | +€12,990 | +17.1% |
| Profit (loss) carried forward | 14 | €24 | €30 | +€6 | +26.1% |
| Amounts payable | 17/49 | €45,849 | €6,510 | -€39,340 | -85.8% |
| Amounts payable within one year | 42/48 | €45,849 | €6,210 | -€39,640 | -86.5% |
| Financial debts | 43 | €40,000 | - | -€40,000 | |
| Other loans | 439 | €40,000 | - | -€40,000 | |
| Trade debts | 44 | €2,571 | €2,390 | -€182 | -7.1% |
| Suppliers | 440/4 | €2,571 | €2,390 | -€182 | -7.1% |
| Taxes, remuneration and social security | 45 | €2,328 | €2,875 | +€547 | +23.5% |
| Taxes | 450/3 | €2,328 | €2,875 | +€547 | +23.5% |
| Other amounts payable | 47/48 | €950 | €945 | -€5 | -0.5% |
| Accrued charges and deferred income | 492/3 | - | €300 | +€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,336 | €13,223 | -€112 | -0.8% |
| Other operating charges | 640/8 | €1,047 | €1,035 | -€12 | -1.1% |
| Gross operating margin | 9900 | €63,234 | €32,529 | -€30,705 | -48.6% |
| Operating profit (loss) | 9901 | €48,852 | €18,271 | -€30,581 | -62.6% |
| Financial income | 75/76B | €1,580 | €1,595 | +€15 | +1.0% |
| Recurring financial income | 75 | €1,580 | €1,595 | +€15 | +1.0% |
| Financial charges | 65/66B | €133 | €142 | +€9 | +6.6% |
| Recurring financial charges | 65 | €133 | €142 | +€9 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €50,298 | €19,724 | -€30,574 | -60.8% |
| Income taxes | 67/77 | €16,400 | €6,728 | -€9,672 | -59.0% |
| Profit (loss) for the period | 9904 | €33,899 | €12,996 | -€20,902 | -61.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,899 | €12,996 | -€20,902 | -61.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.