E+ Bouwen: 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.
E+ Bouwen
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€8,148
down €8,148 (-18.1%), from -€44,946 to -€53,094
- Other debts +€5,517
up €5,517 (+4.7%), from €116,438 to €121,955
- Trade debts +€1,086
up €1,086 (+128%), from €850 to €1,936
- Write-downs -€24,301
no longer reported in 2025 (was €24,301)
- Gross operating margin +€10,619
up €10,619 (+64.7%), from -€16,424 to -€5,804
- Financial charges -€968
down €968 (-82.4%), from €1,176 to €207
- Depreciation -€746
down €746 (-41.8%), from €1,785 to €1,040
- Other operating charges -€271
down €271 (-33.2%), from €818 to €546
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 | €104,961 | €103,967 | -€994 | -0.9% |
| Fixed assets | 21/28 | €1,040 | - | -€1,040 | |
| Tangible fixed assets | 22/27 | €1,040 | - | -€1,040 | |
| Furniture and vehicles | 24 | €1,040 | - | -€1,040 | |
| Current assets | 29/58 | €103,922 | €103,967 | +€45 | 0.0% |
| Amounts receivable within one year | 40/41 | €103,150 | €103,957 | +€807 | +0.8% |
| Trade receivables | 40 | €41,036 | €41,036 | = | 0.0% |
| Other amounts receivable | 41 | €62,114 | €62,921 | +€807 | +1.3% |
| Cash at bank and in hand | 54/58 | €768 | €5 | -€763 | -99.4% |
| Deferred charges and accrued income | 490/1 | €4 | €5 | +€1 | +21.1% |
| Total equity and liabilities | 10/49 | €104,961 | €103,967 | -€994 | -0.9% |
| Equity | 10/15 | -€14,879 | -€23,027 | -€8,148 | -54.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €10,067 | €10,067 | = | 0.0% |
| Distributable reserves | 133 | €10,067 | €10,067 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,946 | -€53,094 | -€8,148 | -18.1% |
| Amounts payable | 17/49 | €119,840 | €126,994 | +€7,154 | +6.0% |
| Amounts payable within one year | 42/48 | €119,840 | €126,994 | +€7,154 | +6.0% |
| Trade debts | 44 | €850 | €1,936 | +€1,086 | +128% |
| Suppliers | 440/4 | €850 | €1,936 | +€1,086 | +128% |
| Taxes, remuneration and social security | 45 | €2,553 | €3,103 | +€550 | +21.6% |
| Taxes | 450/3 | €2,553 | €3,103 | +€550 | +21.6% |
| Other amounts payable | 47/48 | €116,438 | €121,955 | +€5,517 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,785 | €1,040 | -€746 | -41.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €24,301 | - | -€24,301 | |
| Other operating charges | 640/8 | €818 | €546 | -€271 | -33.2% |
| Gross operating margin | 9900 | -€16,424 | -€5,804 | +€10,619 | +64.7% |
| Operating profit (loss) | 9901 | -€43,327 | -€7,390 | +€35,937 | +82.9% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €1,176 | €207 | -€968 | -82.4% |
| Recurring financial charges | 65 | €1,176 | €207 | -€968 | -82.4% |
| Profit (loss) for the period before taxes | 9903 | -€44,496 | -€7,598 | +€36,898 | +82.9% |
| Income taxes | 67/77 | €450 | €550 | +€101 | +22.4% |
| Profit (loss) for the period | 9904 | -€44,946 | -€8,148 | +€36,798 | +81.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,946 | -€8,148 | +€36,798 | +81.9% |
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 17 October 2026 via checked.be.