FBConstruct: 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.
What changed
FBConstruct
NACE 71.111, Activities of building architects
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€5,919
2024 · €288,244-€282,325
Equity
€1.1m
2024 · €1.0m+€5,919
Cash
€5,038
2024 · €1,036+€4,003
Balance sheet total
€3.5m
2024 · €3.6m-€104,636
Largest movements
Assets
- Receivables within one year -€99,231
down €99,231 (-9.3%), from €1.1m to €963,569
of which Other amounts receivable: -€179,897
Equity and liabilities
- Debts after one year -€110,092
down €110,092 (-8.3%), from €1.3m to €1.2m
Income statement
- Gross operating margin -€458,437
down €458,437 (-82.3%), from €557,327 to €98,890
- Taxes -€128,124
down €128,124 (-97.5%), from €131,462 to €3,338
- Other operating charges -€45,755
down €45,755 (-74.4%), from €61,477 to €15,722
- Financial income +€11,414
up €11,414 (+18.8%), from €60,808 to €72,223
- Depreciation +€5,691
up €5,691 (+8.8%), from €64,794 to €70,484
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.
Result 2024
€288,244
Gross operating margin
-€458,437
Depreciation
-€5,691
Other operating charges
+€45,755
Financial income
+€11,414
Financial charges
-€3,490
Taxes
+€128,124
Result 2025
€5,919
raises the resultlowers the result
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.
From operations
+€153,643
Investment
-€39,194
Financing
-€110,447
Cash 2024
€1,036
From operations (derived)
+€153,643
Net result for the year
+€5,919
Depreciation
+€70,484
Receivables within one year
+€99,231
Deferred charges and accrued income
-€21,882
Trade debts
+€177
Tax, wage and social debts
-€25,953
Other debts
+€22,907
Accrued charges and deferred income
+€2,760
Investment (derived)
-€39,194
Investment in fixed assets (net)
-€41,191
Current investments
+€1,997
Financing
-€110,447
Debts after one year
-€110,092
Current portion of long-term debt
-€354
Cash 2025
€5,038
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,576,515 | €3,471,879 | -€104,636 | -2.9% |
| Fixed assets | 21/28 | €1,593,450 | €1,564,156 | -€29,293 | -1.8% |
| Tangible fixed assets | 22/27 | €1,588,450 | €1,559,156 | -€29,293 | -1.8% |
| Land and buildings | 22 | €1,560,585 | €1,538,623 | -€21,962 | -1.4% |
| Furniture and vehicles | 24 | €27,865 | €20,533 | -€7,332 | -26.3% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €1,983,065 | €1,907,723 | -€75,343 | -3.8% |
| Amounts receivable after more than one year | 29 | €850,000 | €850,000 | = | 0.0% |
| Other amounts receivable | 291 | €850,000 | €850,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,062,799 | €963,569 | -€99,231 | -9.3% |
| Trade receivables | 40 | €71,510 | €152,176 | +€80,666 | +113% |
| Other amounts receivable | 41 | €991,289 | €811,392 | -€179,897 | -18.1% |
| Current investments | 50/53 | €2,121 | €124 | -€1,997 | -94.2% |
| Cash at bank and in hand | 54/58 | €1,036 | €5,038 | +€4,003 | +386% |
| Deferred charges and accrued income | 490/1 | €67,110 | €88,992 | +€21,882 | +32.6% |
| Total equity and liabilities | 10/49 | €3,576,515 | €3,471,879 | -€104,636 | -2.9% |
| Equity | 10/15 | €1,045,966 | €1,051,885 | +€5,919 | +0.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,033,566 | €1,039,485 | +€5,919 | +0.6% |
| Distributable reserves | 133 | €1,033,566 | €1,039,485 | +€5,919 | +0.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,530,549 | €2,419,994 | -€110,555 | -4.4% |
| Amounts payable after more than one year | 17 | €1,328,416 | €1,218,324 | -€110,092 | -8.3% |
| Financial debts | 170/4 | €1,328,416 | €1,218,324 | -€110,092 | -8.3% |
| Amounts payable within one year | 42/48 | €1,196,953 | €1,193,731 | -€3,223 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €110,447 | €110,092 | -€354 | -0.3% |
| Financial debts | 43 | €1,000,000 | €1,000,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,000,000 | €1,000,000 | = | 0.0% |
| Trade debts | 44 | €16,149 | €16,326 | +€177 | +1.1% |
| Suppliers | 440/4 | €16,149 | €16,326 | +€177 | +1.1% |
| Taxes, remuneration and social security | 45 | €36,979 | €11,026 | -€25,953 | -70.2% |
| Taxes | 450/3 | €34,829 | €11,026 | -€23,803 | -68.3% |
| Remuneration and social security | 454/9 | €2,150 | €0 | -€2,150 | -100% |
| Other amounts payable | 47/48 | €33,379 | €56,286 | +€22,907 | +68.6% |
| Accrued charges and deferred income | 492/3 | €5,180 | €7,940 | +€2,760 | +53.3% |
| Non-recurring operating income | 76A | €4,000 | €0 | -€4,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,794 | €70,484 | +€5,691 | +8.8% |
| Other operating charges | 640/8 | €61,477 | €15,722 | -€45,755 | -74.4% |
| Gross operating margin | 9900 | €557,327 | €98,890 | -€458,437 | -82.3% |
| Operating profit (loss) | 9901 | €431,057 | €12,684 | -€418,373 | -97.1% |
| Financial income | 75/76B | €60,808 | €72,223 | +€11,414 | +18.8% |
| Recurring financial income | 75 | €60,808 | €72,223 | +€11,414 | +18.8% |
| Financial charges | 65/66B | €72,160 | €75,650 | +€3,490 | +4.8% |
| Recurring financial charges | 65 | €72,160 | €75,650 | +€3,490 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €419,706 | €9,257 | -€410,449 | -97.8% |
| Income taxes | 67/77 | €131,462 | €3,338 | -€128,124 | -97.5% |
| Profit (loss) for the period | 9904 | €288,244 | €5,919 | -€282,325 | -97.9% |
| Profit (loss) for the period to be appropriated | 9905 | €288,244 | €5,919 | -€282,325 | -97.9% |
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 28 October 2026 via checked.be.