BUTA AL CONSTRUCT: 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.
BUTA AL CONSTRUCT
Largest movements
- Cash +€52,545
up €52,545 (+81.2%), from €64,713 to €117,259
mainly Net result for the year (+€34,843) and Depreciation (+€15,250)
- Tangible fixed assets -€15,250
down €15,250 (-51.5%), from €29,594 to €14,344
- Receivables within one year -€2,617
down €2,617 (-21.7%), from €12,067 to €9,450
of which Trade receivables: -€5,631
- Deferred charges and accrued income -€1,633
down €1,633 (-27.5%), from €5,940 to €4,307
- Profit (loss) carried forward +€34,843
up €34,843 (+74.6%), from €46,697 to €81,540
- Debts after one year -€11,486
no longer reported in 2025 (was €11,486)
- Tax, wage and social debts +€9,919
up €9,919 (+46.5%), from €21,338 to €31,257
of which Remuneration and social security: +€28,129
- Gross operating margin +€15,747
up €15,747 (+34.6%), from €45,564 to €61,311
- Turnover +€14,948
up €14,948 (+3.8%), from €394,368 to €409,315
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 | €112,314 | €145,360 | +€33,046 | +29.4% |
| Fixed assets | 21/28 | €29,594 | €14,344 | -€15,250 | -51.5% |
| Tangible fixed assets | 22/27 | €29,594 | €14,344 | -€15,250 | -51.5% |
| Furniture and vehicles | 24 | €29,594 | €14,344 | -€15,250 | -51.5% |
| Current assets | 29/58 | €82,720 | €131,016 | +€48,296 | +58.4% |
| Amounts receivable within one year | 40/41 | €12,067 | €9,450 | -€2,617 | -21.7% |
| Trade receivables | 40 | €9,000 | €3,369 | -€5,631 | -62.6% |
| Other amounts receivable | 41 | €3,067 | €6,081 | +€3,014 | +98.3% |
| Cash at bank and in hand | 54/58 | €64,713 | €117,259 | +€52,545 | +81.2% |
| Deferred charges and accrued income | 490/1 | €5,940 | €4,307 | -€1,633 | -27.5% |
| Total equity and liabilities | 10/49 | €112,314 | €145,360 | +€33,046 | +29.4% |
| Equity | 10/15 | €54,697 | €89,540 | +€34,843 | +63.7% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,697 | €81,540 | +€34,843 | +74.6% |
| Amounts payable | 17/49 | €57,618 | €55,820 | -€1,797 | -3.1% |
| Amounts payable after more than one year | 17 | €11,486 | - | -€11,486 | |
| Financial debts | 170/4 | €11,486 | - | -€11,486 | |
| Amounts payable within one year | 42/48 | €46,132 | €55,820 | +€9,688 | +21.0% |
| Financial debts | 43 | €13,103 | €13,541 | +€438 | +3.3% |
| Credit institutions | 430/8 | €13,103 | €13,541 | +€438 | +3.3% |
| Trade debts | 44 | €10,678 | €10,010 | -€668 | -6.3% |
| Suppliers | 440/4 | €10,678 | €10,010 | -€668 | -6.3% |
| Taxes, remuneration and social security | 45 | €21,338 | €31,257 | +€9,919 | +46.5% |
| Taxes | 450/3 | €21,338 | €3,128 | -€18,210 | -85.3% |
| Remuneration and social security | 454/9 | - | €28,129 | +€28,129 | |
| Other amounts payable | 47/48 | €1,012 | €1,012 | = | 0.0% |
| Turnover | 70 | €394,368 | €409,315 | +€14,948 | +3.8% |
| Non-recurring operating income | 76A | €84 | €84 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €348,887 | €348,088 | -€799 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,034 | €15,250 | +€216 | +1.4% |
| Other operating charges | 640/8 | €1,661 | €1,085 | -€576 | -34.7% |
| Gross operating margin | 9900 | €45,564 | €61,311 | +€15,747 | +34.6% |
| Operating profit (loss) | 9901 | €28,869 | €44,976 | +€16,107 | +55.8% |
| Financial charges | 65/66B | €977 | €1,005 | +€28 | +2.9% |
| Recurring financial charges | 65 | €977 | €1,005 | +€28 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €27,892 | €43,971 | +€16,079 | +57.6% |
| Income taxes | 67/77 | €5,942 | €9,128 | +€3,186 | +53.6% |
| Profit (loss) for the period | 9904 | €21,950 | €34,843 | +€12,893 | +58.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,950 | €34,843 | +€12,893 | +58.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.