C2-BUILD: 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.
C2-BUILD
Largest movements
- Receivables within one year +€80,534
up €80,534 (+7022.7%), from €1,147 to €81,681
of which Other amounts receivable: +€81,211
- Tangible fixed assets -€22,136
down €22,136 (-3.4%), from €648,073 to €625,936
of which Land and buildings: -€23,229
- Other debts +€90,058
up €90,058 (+59.4%), from €151,518 to €241,577
- Debts after one year -€44,033
down €44,033 (-12.0%), from €367,895 to €323,862
- Reserves +€9,100
up €9,100 (+66.6%), from €13,660 to €22,760
- Other operating charges -€2,137
down €2,137 (-45.8%), from €4,664 to €2,527
- Financial charges +€2,029
up €2,029 (+12.7%), from €16,029 to €18,058
- Gross operating margin +€692
up €692 (+1.2%), from €57,441 to €58,132
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 | €656,480 | €714,602 | +€58,122 | +8.9% |
| Fixed assets | 21/28 | €648,073 | €625,936 | -€22,136 | -3.4% |
| Tangible fixed assets | 22/27 | €648,073 | €625,936 | -€22,136 | -3.4% |
| Land and buildings | 22 | €648,073 | €624,844 | -€23,229 | -3.6% |
| Furniture and vehicles | 24 | - | €1,093 | +€1,093 | |
| Current assets | 29/58 | €8,408 | €88,666 | +€80,258 | +954.6% |
| Amounts receivable within one year | 40/41 | €1,147 | €81,681 | +€80,534 | +7022.7% |
| Trade receivables | 40 | €1,088 | €412 | -€677 | -62.2% |
| Other amounts receivable | 41 | €59 | €81,270 | +€81,211 | +138751.2% |
| Cash at bank and in hand | 54/58 | €1,673 | €4,586 | +€2,913 | +174.1% |
| Deferred charges and accrued income | 490/1 | €5,588 | €2,398 | -€3,190 | -57.1% |
| Total equity and liabilities | 10/49 | €656,480 | €714,602 | +€58,122 | +8.9% |
| Equity | 10/15 | €73,747 | €82,927 | +€9,180 | +12.4% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €13,660 | €22,760 | +€9,100 | +66.6% |
| Distributable reserves | 133 | €13,660 | €22,760 | +€9,100 | +66.6% |
| Profit (loss) carried forward | 14 | €87 | €167 | +€80 | +91.8% |
| Amounts payable | 17/49 | €582,733 | €631,675 | +€48,941 | +8.4% |
| Amounts payable after more than one year | 17 | €367,895 | €323,862 | -€44,033 | -12.0% |
| Financial debts | 170/4 | €367,895 | €323,862 | -€44,033 | -12.0% |
| Amounts payable within one year | 42/48 | €204,343 | €295,095 | +€90,752 | +44.4% |
| Current portion of amounts payable after more than one year | 42 | €43,441 | €44,033 | +€592 | +1.4% |
| Trade debts | 44 | €561 | €1,485 | +€925 | +165.0% |
| Suppliers | 440/4 | €561 | €1,485 | +€925 | +165.0% |
| Advances received on contracts in progress | 46 | €5,163 | €0 | -€5,163 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,660 | €8,000 | +€4,339 | +118.5% |
| Taxes | 450/3 | €3,660 | €8,000 | +€4,339 | +118.5% |
| Other amounts payable | 47/48 | €151,518 | €241,577 | +€90,058 | +59.4% |
| Accrued charges and deferred income | 492/3 | €10,495 | €12,718 | +€2,223 | +21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,229 | €23,483 | +€254 | +1.1% |
| Other operating charges | 640/8 | €4,664 | €2,527 | -€2,137 | -45.8% |
| Gross operating margin | 9900 | €57,441 | €58,132 | +€692 | +1.2% |
| Operating profit (loss) | 9901 | €29,548 | €32,123 | +€2,575 | +8.7% |
| Financial charges | 65/66B | €16,029 | €18,058 | +€2,029 | +12.7% |
| Recurring financial charges | 65 | €16,029 | €18,058 | +€2,029 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €13,519 | €14,065 | +€546 | +4.0% |
| Income taxes | 67/77 | €4,950 | €4,885 | -€65 | -1.3% |
| Profit (loss) for the period | 9904 | €8,569 | €9,180 | +€611 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,569 | €9,180 | +€611 | +7.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.