BUTIANU CONSTRUCT: 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.
BUTIANU CONSTRUCT
Largest movements
- Tangible fixed assets +€2,731
up €2,731 (+46.2%), from €5,909 to €8,640
- Receivables within one year +€621
up €621 (+5.8%), from €10,757 to €11,378
of which Other amounts receivable: +€743
- Deferred charges and accrued income -€300
no longer reported in 2025 (was €300)
- Advances received +€4,952
up €4,952 (+431%), from €1,150 to €6,102
- Profit (loss) carried forward -€1,064
down €1,064 (-54.9%), from €1,938 to €874
- Other debts -€619
no longer reported in 2025 (was €619)
- Trade debts -€476
no longer reported in 2025 (was €476)
- Gross operating margin -€24,399
down €24,399 (-46.4%), from €52,575 to €28,177
- Staff costs -€13,226
down €13,226 (-35.8%), from €36,921 to €23,695
- Depreciation +€2,017
up €2,017 (+195%), from €1,033 to €3,050
- Taxes -€1,230
down €1,230 (-45.0%), from €2,734 to €1,505
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 | €17,917 | €20,831 | +€2,913 | +16.3% |
| Fixed assets | 21/28 | €5,909 | €8,640 | +€2,731 | +46.2% |
| Tangible fixed assets | 22/27 | €5,909 | €8,640 | +€2,731 | +46.2% |
| Furniture and vehicles | 24 | €5,909 | €8,640 | +€2,731 | +46.2% |
| Current assets | 29/58 | €12,008 | €12,191 | +€182 | +1.5% |
| Amounts receivable within one year | 40/41 | €10,757 | €11,378 | +€621 | +5.8% |
| Trade receivables | 40 | €9,093 | €8,971 | -€122 | -1.3% |
| Other amounts receivable | 41 | €1,664 | €2,407 | +€743 | +44.6% |
| Cash at bank and in hand | 54/58 | €951 | €813 | -€139 | -14.6% |
| Deferred charges and accrued income | 490/1 | €300 | - | -€300 | |
| Total equity and liabilities | 10/49 | €17,917 | €20,831 | +€2,913 | +16.3% |
| Equity | 10/15 | €12,938 | €11,874 | -€1,064 | -8.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,938 | €874 | -€1,064 | -54.9% |
| Amounts payable | 17/49 | €4,979 | €8,956 | +€3,977 | +79.9% |
| Amounts payable within one year | 42/48 | €4,979 | €8,956 | +€3,977 | +79.9% |
| Trade debts | 44 | €476 | - | -€476 | |
| Suppliers | 440/4 | €476 | - | -€476 | |
| Advances received on contracts in progress | 46 | €1,150 | €6,102 | +€4,952 | +431% |
| Taxes, remuneration and social security | 45 | €2,734 | €2,855 | +€120 | +4.4% |
| Taxes | 450/3 | €2,734 | €2,855 | +€120 | +4.4% |
| Other amounts payable | 47/48 | €619 | - | -€619 | |
| Remuneration, social security and pensions | 62 | €36,921 | €23,695 | -€13,226 | -35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,033 | €3,050 | +€2,017 | +195% |
| Other operating charges | 640/8 | €857 | €634 | -€223 | -26.1% |
| Non-recurring operating charges | 66A | - | €285 | +€285 | |
| Gross operating margin | 9900 | €52,575 | €28,177 | -€24,399 | -46.4% |
| Operating profit (loss) | 9901 | €13,765 | €513 | -€13,251 | -96.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €92 | €73 | -€19 | -20.9% |
| Recurring financial charges | 65 | €92 | €73 | -€19 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €13,672 | €441 | -€13,231 | -96.8% |
| Income taxes | 67/77 | €2,734 | €1,505 | -€1,230 | -45.0% |
| Profit (loss) for the period | 9904 | €10,938 | -€1,064 | -€12,001 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,938 | -€1,064 | -€12,001 |
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 24 October 2026 via checked.be.