Custom Built: what changed
What changed
Custom Built
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€10,407
2024 · €20,802-€10,394
Equity
€167,824
2024 · €157,416+€10,407
Cash
€5,624
2024 · €1,505+€4,120
Balance sheet total
€1.5m
2024 · €364,803+€1.1m
Largest movements
Assets
- Financial fixed assets +€750,000
up €750,000 (+50,000%), from €1,500 to €751,500
- Tangible fixed assets +€494,664
up €494,664 (+38,856%), from €1,273 to €495,938
of which Land and buildings: +€494,000
- Receivables after one year -€95,245
down €95,245 (-100%), from €95,245 to €0
- Current investments -€44,820
down €44,820 (-99.6%), from €45,000 to €180
Equity and liabilities
- Debts after one year +€992,822
up €992,822 (+547%), from €181,346 to €1.2m
- Current portion of long-term debt +€81,024
up €81,024 (+681%), from €11,901 to €92,925
Income statement
- Financial charges +€17,985
up €17,985 (+185%), from €9,713 to €27,699
- Taxes -€7,833
down €7,833 (-62.3%), from €12,570 to €4,737
- Gross operating margin +€4,158
up €4,158 (+9.8%), from €42,382 to €46,541
- Other operating charges +€3,745
up €3,745 (+455%), from €823 to €4,568
- Depreciation +€505
up €505 (+104%), from €484 to €989
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€20,802
Gross operating margin
+€4,158
Depreciation
-€505
Other operating charges
-€3,745
Financial income
-€149
Financial charges
-€17,985
Taxes
+€7,833
Result 2025
€10,407
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€124,766
Investment
-€1.2m
Financing
+€1.1m
Cash 2024
€1,505
From operations (derived)
+€124,766
Net result for the year
+€10,407
Depreciation
+€989
Receivables after one year
+€95,245
Receivables within one year
-€5,730
Smaller working-capital items
+€4,254
Other debts
+€12,523
Accrued charges and deferred income
+€7,078
Investment (derived)
-€1.2m
Investment in fixed assets (net)
-€1.2m
Current investments
+€44,820
Financing
+€1.1m
Debts after one year
+€992,822
Current portion of long-term debt
+€81,024
Short-term financial debts
+€6,341
Cash 2025
€5,624
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €364,803 | €1,479,703 | +€1.1m | +306% |
| Fixed assets | 21/28 | €2,773 | €1,247,438 | +€1.2m | +44,884% |
| Tangible fixed assets | 22/27 | €1,273 | €495,938 | +€494,664 | +38,856% |
| Land and buildings | 22 | - | €494,000 | +€494,000 | |
| Plant, machinery and equipment | 23 | €582 | €1,522 | +€940 | +161% |
| Furniture and vehicles | 24 | €691 | €416 | -€275 | -39.8% |
| Financial fixed assets | 28 | €1,500 | €751,500 | +€750,000 | +50,000% |
| Current assets | 29/58 | €362,030 | €232,265 | -€129,765 | -35.8% |
| Amounts receivable after more than one year | 29 | €95,245 | €0 | -€95,245 | -100% |
| Other amounts receivable | 291 | €95,245 | €0 | -€95,245 | -100% |
| Stocks and contracts in progress | 3 | €193,496 | €193,496 | = | 0.0% |
| Stocks | 30/36 | €193,496 | €193,496 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,787 | €24,517 | +€5,730 | +30.5% |
| Trade receivables | 40 | €10,285 | €19,743 | +€9,458 | +92.0% |
| Other amounts receivable | 41 | €8,502 | €4,774 | -€3,728 | -43.8% |
| Current investments | 50/53 | €45,000 | €180 | -€44,820 | -99.6% |
| Cash at bank and in hand | 54/58 | €1,505 | €5,624 | +€4,120 | +274% |
| Deferred charges and accrued income | 490/1 | €7,997 | €8,448 | +€451 | +5.6% |
| Total equity and liabilities | 10/49 | €364,803 | €1,479,703 | +€1.1m | +306% |
| Equity | 10/15 | €157,416 | €167,824 | +€10,407 | +6.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €152,416 | €162,824 | +€10,407 | +6.8% |
| Distributable reserves | 133 | €152,416 | €162,824 | +€10,407 | +6.8% |
| Amounts payable | 17/49 | €207,387 | €1,311,879 | +€1.1m | +533% |
| Amounts payable after more than one year | 17 | €181,346 | €1,174,168 | +€992,822 | +547% |
| Financial debts | 170/4 | €181,346 | €1,174,168 | +€992,822 | +547% |
| Amounts payable within one year | 42/48 | €24,092 | €128,685 | +€104,593 | +434% |
| Current portion of amounts payable after more than one year | 42 | €11,901 | €92,925 | +€81,024 | +681% |
| Financial debts | 43 | €20 | €6,361 | +€6,341 | +31,517% |
| Credit institutions | 430/8 | €20 | €6,361 | +€6,341 | +31,517% |
| Trade debts | 44 | €1,488 | €3,938 | +€2,450 | +165% |
| Suppliers | 440/4 | €1,488 | €3,938 | +€2,450 | +165% |
| Taxes, remuneration and social security | 45 | €10,683 | €12,938 | +€2,254 | +21.1% |
| Taxes | 450/3 | €8,974 | €11,298 | +€2,324 | +25.9% |
| Remuneration and social security | 454/9 | €1,709 | €1,640 | -€70 | -4.1% |
| Other amounts payable | 47/48 | €0 | €12,523 | +€12,523 | |
| Accrued charges and deferred income | 492/3 | €1,949 | €9,027 | +€7,078 | +363% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €484 | €989 | +€505 | +104% |
| Other operating charges | 640/8 | €823 | €4,568 | +€3,745 | +455% |
| Gross operating margin | 9900 | €42,382 | €46,541 | +€4,158 | +9.8% |
| Operating profit (loss) | 9901 | €41,075 | €40,983 | -€92 | -0.2% |
| Financial income | 75/76B | €2,009 | €1,860 | -€149 | -7.4% |
| Recurring financial income | 75 | €2,009 | €1,860 | -€149 | -7.4% |
| Financial charges | 65/66B | €9,713 | €27,699 | +€17,985 | +185% |
| Recurring financial charges | 65 | €9,713 | €27,699 | +€17,985 | +185% |
| Profit (loss) for the period before taxes | 9903 | €33,371 | €15,144 | -€18,227 | -54.6% |
| Income taxes | 67/77 | €12,570 | €4,737 | -€7,833 | -62.3% |
| Profit (loss) for the period | 9904 | €20,802 | €10,407 | -€10,394 | -50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,802 | €10,407 | -€10,394 | -50.0% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.