BYLD PROJECTS: 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.
BYLD PROJECTS
Largest movements
- Cash +€38,124
up €38,124 (+55.9%), from €68,237 to €106,361
mainly Net result for the year (+€35,486) and Other debts (+€11,281)
- Receivables within one year +€8,448
up €8,448 (+209%), from €4,040 to €12,488
of which Trade receivables: +€10,297
- Tangible fixed assets -€1,855
down €1,855 (-38.8%), from €4,782 to €2,927
of which Plant, machinery and equipment: -€1,022
- Profit (loss) carried forward +€23,721
up €23,721 (+49.7%), from €47,698 to €71,420
- Other debts +€11,281
up €11,281 (+637%), from €1,771 to €13,053
- Tax, wage and social debts +€8,897
up €8,897 (+98.0%), from €9,075 to €17,971
- Gross operating margin +€30,995
up €30,995 (+137%), from €22,680 to €53,676
- Taxes +€9,916
up €9,916 (+246%), from €4,028 to €13,944
- Other operating charges -€6,808
down €6,808 (-81.3%), from €8,370 to €1,562
- Depreciation -€737
down €737 (-21.2%), from €3,471 to €2,734
- Financial charges -€700
down €700 (-90.2%), from €776 to €76
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 | €79,264 | €123,779 | +€44,515 | +56.2% |
| Fixed assets | 21/28 | €5,799 | €3,944 | -€1,855 | -32.0% |
| Tangible fixed assets | 22/27 | €4,782 | €2,927 | -€1,855 | -38.8% |
| Plant, machinery and equipment | 23 | €2,320 | €1,298 | -€1,022 | -44.1% |
| Furniture and vehicles | 24 | €2,461 | €1,629 | -€832 | -33.8% |
| Financial fixed assets | 28 | €1,017 | €1,017 | = | 0.0% |
| Current assets | 29/58 | €73,465 | €119,835 | +€46,370 | +63.1% |
| Amounts receivable within one year | 40/41 | €4,040 | €12,488 | +€8,448 | +209% |
| Trade receivables | 40 | €2,117 | €12,414 | +€10,297 | +486% |
| Other amounts receivable | 41 | €1,923 | €74 | -€1,849 | -96.2% |
| Cash at bank and in hand | 54/58 | €68,237 | €106,361 | +€38,124 | +55.9% |
| Deferred charges and accrued income | 490/1 | €1,188 | €986 | -€202 | -17.0% |
| Total equity and liabilities | 10/49 | €79,264 | €123,779 | +€44,515 | +56.2% |
| Equity | 10/15 | €61,698 | €85,420 | +€23,721 | +38.4% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,698 | €71,420 | +€23,721 | +49.7% |
| Amounts payable | 17/49 | €17,566 | €38,359 | +€20,794 | +118% |
| Amounts payable within one year | 42/48 | €17,566 | €38,359 | +€20,794 | +118% |
| Trade debts | 44 | €6,719 | €7,335 | +€616 | +9.2% |
| Suppliers | 440/4 | €6,719 | €7,335 | +€616 | +9.2% |
| Taxes, remuneration and social security | 45 | €9,075 | €17,971 | +€8,897 | +98.0% |
| Taxes | 450/3 | €9,075 | €17,971 | +€8,897 | +98.0% |
| Other amounts payable | 47/48 | €1,771 | €13,053 | +€11,281 | +637% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,471 | €2,734 | -€737 | -21.2% |
| Other operating charges | 640/8 | €8,370 | €1,562 | -€6,808 | -81.3% |
| Gross operating margin | 9900 | €22,680 | €53,676 | +€30,995 | +137% |
| Operating profit (loss) | 9901 | €10,839 | €49,380 | +€38,541 | +356% |
| Financial income | 75/76B | €75 | €126 | +€52 | +68.9% |
| Recurring financial income | 75 | €75 | €126 | +€52 | +68.9% |
| Financial charges | 65/66B | €776 | €76 | -€700 | -90.2% |
| Recurring financial charges | 65 | €776 | €76 | -€700 | -90.2% |
| Profit (loss) for the period before taxes | 9903 | €10,138 | €49,430 | +€39,292 | +388% |
| Income taxes | 67/77 | €4,028 | €13,944 | +€9,916 | +246% |
| Profit (loss) for the period | 9904 | €6,111 | €35,486 | +€29,375 | +481% |
| Profit (loss) for the period to be appropriated | 9905 | €6,111 | €35,486 | +€29,375 | +481% |
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 16 October 2026 via checked.be.