DIAGRAMME: what changed
What changed
DIAGRAMME
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€17,019
2024 · €14,901+€2,118
Equity
€254,867
2024 · €237,848+€17,019
Cash
€21
2024 · €1,196-€1,175
Balance sheet total
€481,868
2024 · €559,016-€77,148
Largest movements
Assets
- Tangible fixed assets -€45,585
down €45,585 (-29.3%), from €155,326 to €109,741
of which Land and buildings: -€47,826
- Stocks and contracts -€32,690
down €32,690 (-9.6%), from €340,040 to €307,350
of which Stocks: -€57,690
- Receivables within one year +€6,073
up €6,073 (+16.4%), from €36,980 to €43,052
of which Other amounts receivable: +€5,254
Equity and liabilities
- Advances received -€35,000
down €35,000 (-100%), from €35,000 to €0
- Other debts -€30,336
down €30,336 (-38.0%), from €79,820 to €49,484
- Debts after one year -€19,960
down €19,960 (-100%), from €19,960 to €0
- Reserves +€17,000
up €17,000 (+13.2%), from €129,000 to €146,000
- Current portion of long-term debt -€11,599
down €11,599 (-100%), from €11,599 to €0
Income statement
- Purchases and services -€200,397
down €200,397 (-80.7%), from €248,209 to €47,812
- Turnover -€190,871
down €190,871 (-62.3%), from €306,253 to €115,382
- Gross operating margin +€9,526
up €9,526 (+16.4%), from €58,043 to €67,569
- Financial charges -€8,393
down €8,393 (-31.1%), from €27,019 to €18,626
- Other operating charges +€4,763
up €4,763 (+150%), from €3,173 to €7,936
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
€14,901
Gross operating margin
+€9,526
Depreciation
+€1,562
Other operating charges
-€4,763
Other operating items
-€13,500
Financial income
+€20
Financial charges
+€8,393
Taxes
+€880
Result 2025
€17,019
raises the resultlowers the resultnot broken down further in the accounts
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
-€6,589
Investment
+€44,844
Financing
-€39,429
Cash 2024
€1,196
From operations (derived)
-€6,589
Net result for the year
+€17,019
Depreciation
+€3,812
Stocks and contracts
+€32,690
Receivables within one year
-€6,073
Deferred charges and accrued income
+€700
Trade debts
+€5,323
Tax, wage and social debts
+€5,276
Advances received
-€35,000
Other debts
-€30,336
Investment (derived)
+€44,844
Investment in fixed assets (net)
+€44,844
Financing
-€39,429
Debts after one year
-€19,960
Current portion of long-term debt
-€11,599
Short-term financial debts
-€7,870
Cash 2025
€21
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €559,016 | €481,868 | -€77,148 | -13.8% |
| Fixed assets | 21/28 | €163,514 | €114,859 | -€48,655 | -29.8% |
| Intangible fixed assets | 21 | €8,189 | €5,118 | -€3,071 | -37.5% |
| Tangible fixed assets | 22/27 | €155,326 | €109,741 | -€45,585 | -29.3% |
| Land and buildings | 22 | €155,326 | €107,500 | -€47,826 | -30.8% |
| Furniture and vehicles | 24 | - | €2,241 | +€2,241 | |
| Current assets | 29/58 | €395,501 | €367,009 | -€28,492 | -7.2% |
| Amounts receivable after more than one year | 29 | €15,586 | €15,586 | = | 0.0% |
| Trade receivables | 290 | €15,586 | €15,586 | = | 0.0% |
| Stocks and contracts in progress | 3 | €340,040 | €307,350 | -€32,690 | -9.6% |
| Stocks | 30/36 | €284,040 | €226,350 | -€57,690 | -20.3% |
| Contracts in progress | 37 | €56,000 | €81,000 | +€25,000 | +44.6% |
| Amounts receivable within one year | 40/41 | €36,980 | €43,052 | +€6,073 | +16.4% |
| Trade receivables | 40 | €30,711 | €31,531 | +€819 | +2.7% |
| Other amounts receivable | 41 | €6,268 | €11,522 | +€5,254 | +83.8% |
| Cash at bank and in hand | 54/58 | €1,196 | €21 | -€1,175 | -98.2% |
| Deferred charges and accrued income | 490/1 | €1,700 | €1,000 | -€700 | -41.2% |
| Total equity and liabilities | 10/49 | €559,016 | €481,868 | -€77,148 | -13.8% |
| Equity | 10/15 | €237,848 | €254,867 | +€17,019 | +7.2% |
| Contributions | 10/11 | €108,451 | €108,451 | = | 0.0% |
| Reserves | 13 | €129,000 | €146,000 | +€17,000 | +13.2% |
| Distributable reserves | 133 | €129,000 | €146,000 | +€17,000 | +13.2% |
| Profit (loss) carried forward | 14 | €397 | €416 | +€19 | +4.8% |
| Amounts payable | 17/49 | €321,167 | €227,001 | -€94,167 | -29.3% |
| Amounts payable after more than one year | 17 | €19,960 | €0 | -€19,960 | -100% |
| Financial debts | 170/4 | €19,960 | €0 | -€19,960 | -100% |
| Amounts payable within one year | 42/48 | €301,207 | €227,001 | -€74,207 | -24.6% |
| Current portion of amounts payable after more than one year | 42 | €11,599 | €0 | -€11,599 | -100% |
| Financial debts | 43 | €165,615 | €157,745 | -€7,870 | -4.8% |
| Credit institutions | 430/8 | €165,615 | €157,745 | -€7,870 | -4.8% |
| Trade debts | 44 | €996 | €6,318 | +€5,323 | +535% |
| Suppliers | 440/4 | €996 | €6,318 | +€5,323 | +535% |
| Advances received on contracts in progress | 46 | €35,000 | €0 | -€35,000 | -100% |
| Taxes, remuneration and social security | 45 | €8,177 | €13,454 | +€5,276 | +64.5% |
| Taxes | 450/3 | €8,177 | €13,454 | +€5,276 | +64.5% |
| Other amounts payable | 47/48 | €79,820 | €49,484 | -€30,336 | -38.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €306,253 | €115,382 | -€190,871 | -62.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €248,209 | €47,812 | -€200,397 | -80.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,374 | €3,812 | -€1,562 | -29.1% |
| Other operating charges | 640/8 | €3,173 | €7,936 | +€4,763 | +150% |
| Non-recurring operating charges | 66A | - | €13,500 | +€13,500 | |
| Gross operating margin | 9900 | €58,043 | €67,569 | +€9,526 | +16.4% |
| Operating profit (loss) | 9901 | €49,496 | €42,322 | -€7,175 | -14.5% |
| Financial income | 75/76B | €0 | €20 | +€20 | +66,767% |
| Recurring financial income | 75 | €0 | €20 | +€20 | +66,767% |
| Financial charges | 65/66B | €27,019 | €18,626 | -€8,393 | -31.1% |
| Recurring financial charges | 65 | €27,019 | €18,626 | -€8,393 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €22,478 | €23,715 | +€1,238 | +5.5% |
| Income taxes | 67/77 | €7,577 | €6,696 | -€880 | -11.6% |
| Profit (loss) for the period | 9904 | €14,901 | €17,019 | +€2,118 | +14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,901 | €17,019 | +€2,118 | +14.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.