Edifice: 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.
Edifice
Largest movements
- Receivables within one year -€81,528
down €81,528 (-70.2%), from €116,062 to €34,534
of which Trade receivables: -€81,519
- Tangible fixed assets -€53,390
down €53,390 (-9.2%), from €580,763 to €527,373
of which Land and buildings: -€53,192
- Trade debts -€78,134
down €78,134 (-69.7%), from €112,180 to €34,046
- Debts after one year -€49,121
down €49,121 (-9.2%), from €536,515 to €487,394
- Current portion of long-term debt -€7,623
down €7,623 (-13.2%), from €57,668 to €50,045
- Gross operating margin +€15,423
up €15,423 (+17.9%), from €86,033 to €101,456
- Financial charges +€3,309
up €3,309 (+32.1%), from €10,302 to €13,611
- Staff costs +€1,160
up €1,160 (+6.5%), from €17,909 to €19,069
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 | €704,712 | €571,167 | -€133,545 | -19.0% |
| Fixed assets | 21/28 | €580,763 | €527,373 | -€53,390 | -9.2% |
| Tangible fixed assets | 22/27 | €580,763 | €527,373 | -€53,390 | -9.2% |
| Land and buildings | 22 | €580,118 | €526,926 | -€53,192 | -9.2% |
| Furniture and vehicles | 24 | €645 | €447 | -€198 | -30.6% |
| Current assets | 29/58 | €123,949 | €43,794 | -€80,155 | -64.7% |
| Amounts receivable within one year | 40/41 | €116,062 | €34,534 | -€81,528 | -70.2% |
| Trade receivables | 40 | €115,676 | €34,156 | -€81,519 | -70.5% |
| Other amounts receivable | 41 | €386 | €378 | -€9 | -2.3% |
| Cash at bank and in hand | 54/58 | €4 | €1,275 | +€1,271 | +36111.9% |
| Deferred charges and accrued income | 490/1 | €7,883 | €7,985 | +€102 | +1.3% |
| Total equity and liabilities | 10/49 | €704,712 | €571,167 | -€133,545 | -19.0% |
| Equity | 10/15 | -€50,738 | -€47,598 | +€3,140 | +6.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,738 | -€50,598 | +€3,140 | +5.8% |
| Amounts payable | 17/49 | €755,450 | €618,765 | -€136,684 | -18.1% |
| Amounts payable after more than one year | 17 | €536,515 | €487,394 | -€49,121 | -9.2% |
| Financial debts | 170/4 | €536,515 | €487,394 | -€49,121 | -9.2% |
| Amounts payable within one year | 42/48 | €218,935 | €131,371 | -€87,564 | -40.0% |
| Current portion of amounts payable after more than one year | 42 | €57,668 | €50,045 | -€7,623 | -13.2% |
| Trade debts | 44 | €112,180 | €34,046 | -€78,134 | -69.7% |
| Suppliers | 440/4 | €112,180 | €34,046 | -€78,134 | -69.7% |
| Taxes, remuneration and social security | 45 | €9,099 | €10,292 | +€1,193 | +13.1% |
| Taxes | 450/3 | €6,430 | €7,714 | +€1,284 | +20.0% |
| Remuneration and social security | 454/9 | €2,670 | €2,578 | -€92 | -3.4% |
| Other amounts payable | 47/48 | €39,987 | €36,987 | -€3,000 | -7.5% |
| Remuneration, social security and pensions | 62 | €17,909 | €19,069 | +€1,160 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,390 | €53,390 | = | 0.0% |
| Other operating charges | 640/8 | €11,278 | €12,247 | +€969 | +8.6% |
| Gross operating margin | 9900 | €86,033 | €101,456 | +€15,423 | +17.9% |
| Operating profit (loss) | 9901 | €3,457 | €16,751 | +€13,294 | +384.6% |
| Financial charges | 65/66B | €10,302 | €13,611 | +€3,309 | +32.1% |
| Recurring financial charges | 65 | €10,302 | €13,611 | +€3,309 | +32.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,846 | €3,140 | +€9,985 | |
| Profit (loss) for the period | 9904 | -€6,846 | €3,140 | +€9,985 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,846 | €3,140 | +€9,985 |
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 28 September 2026 via checked.be.