EC BUILD: 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.
EC BUILD
Largest movements
- Receivables within one year -€23,035
down €23,035 (-57.1%), from €40,343 to €17,308
of which Trade receivables: -€22,946
- Stocks and contracts -€11,044
no longer reported in 2025 (was €11,044)
- Profit (loss) carried forward -€38,602
down €38,602 (-26.2%), from -€147,357 to -€185,959
- Other debts +€5,198
up €5,198 (+296%), from €1,757 to €6,956
- Trade debts -€891
no longer reported in 2025 (was €891)
- Other operating charges +€25,198
up €25,198 (+4,986%), from €505 to €25,703
- Gross operating margin -€1,563
down €1,563 (-635%), from -€246 to -€1,809
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 | €54,026 | €19,732 | -€34,294 | -63.5% |
| Fixed assets | 21/28 | €1,510 | €1,510 | = | 0.0% |
| Financial fixed assets | 28 | €1,510 | €1,510 | = | 0.0% |
| Current assets | 29/58 | €52,516 | €18,222 | -€34,294 | -65.3% |
| Stocks and contracts in progress | 3 | €11,044 | - | -€11,044 | |
| Contracts in progress | 37 | €11,044 | - | -€11,044 | |
| Amounts receivable within one year | 40/41 | €40,343 | €17,308 | -€23,035 | -57.1% |
| Trade receivables | 40 | €23,515 | €570 | -€22,946 | -97.6% |
| Other amounts receivable | 41 | €16,827 | €16,738 | -€89 | -0.5% |
| Cash at bank and in hand | 54/58 | €1,130 | €915 | -€215 | -19.0% |
| Total equity and liabilities | 10/49 | €54,026 | €19,732 | -€34,294 | -63.5% |
| Equity | 10/15 | €51,378 | €12,777 | -€38,602 | -75.1% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Capital | 10 | €118,600 | €118,600 | = | 0.0% |
| Issued capital | 100 | €118,600 | €118,600 | = | 0.0% |
| Reserves | 13 | €80,135 | €80,135 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,860 | €11,860 | = | 0.0% |
| Legal reserve | 130 | €11,860 | €11,860 | = | 0.0% |
| Distributable reserves | 133 | €68,275 | €68,275 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€147,357 | -€185,959 | -€38,602 | -26.2% |
| Amounts payable | 17/49 | €2,648 | €6,956 | +€4,308 | +163% |
| Amounts payable within one year | 42/48 | €2,648 | €6,956 | +€4,308 | +163% |
| Trade debts | 44 | €891 | - | -€891 | |
| Suppliers | 440/4 | €891 | - | -€891 | |
| Other amounts payable | 47/48 | €1,757 | €6,956 | +€5,198 | +296% |
| Other operating charges | 640/8 | €505 | €25,703 | +€25,198 | +4,986% |
| Non-recurring operating charges | 66A | - | €11,044 | +€11,044 | |
| Gross operating margin | 9900 | -€246 | -€1,809 | -€1,563 | -635% |
| Operating profit (loss) | 9901 | -€752 | -€38,557 | -€37,805 | -5,030% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€797 | -€38,602 | -€37,805 | -4,746% |
| Profit (loss) for the period | 9904 | -€797 | -€38,602 | -€37,805 | -4,746% |
| Profit (loss) for the period to be appropriated | 9905 | -€797 | -€38,602 | -€37,805 | -4,746% |
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 25 October 2026 via checked.be.