FDS-Bouw: 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.
FDS-Bouw
Largest movements
- Tangible fixed assets +€66,196
up €66,196 (+167%), from €39,662 to €105,858
of which Leasing and similar rights: +€62,830
- Cash -€16,371
down €16,371 (-31.8%), from €51,478 to €35,108
mainly Investment in fixed assets (net) (-€94,341) and Stocks and contracts (-€5,030)
- Stocks and contracts +€5,030
up €5,030 (+30.1%), from €16,720 to €21,750
- Receivables within one year -€4,566
down €4,566 (-17.3%), from €26,332 to €21,766
of which Trade receivables: -€5,643
- Debts after one year +€44,679
up €44,679, from €0 to €44,679
- Current portion of long-term debt +€5,086
up €5,086 (+48.7%), from €10,441 to €15,527
- Trade debts +€3,774
up €3,774 (+17.7%), from €21,285 to €25,059
- Gross operating margin -€29,185
down €29,185 (-41.4%), from €70,436 to €41,251
- Depreciation +€8,896
up €8,896 (+46.2%), from €19,249 to €28,144
- Financial charges +€2,343
up €2,343 (+31.2%), from €7,519 to €9,862
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 | €135,726 | €186,850 | +€51,125 | +37.7% |
| Fixed assets | 21/28 | €39,662 | €105,858 | +€66,196 | +167% |
| Tangible fixed assets | 22/27 | €39,662 | €105,858 | +€66,196 | +167% |
| Plant, machinery and equipment | 23 | €19,095 | €21,381 | +€2,285 | +12.0% |
| Furniture and vehicles | 24 | €1,439 | €2,520 | +€1,081 | +75.1% |
| Leasing and similar rights | 25 | €19,128 | €81,958 | +€62,830 | +328% |
| Current assets | 29/58 | €96,064 | €80,992 | -€15,072 | -15.7% |
| Stocks and contracts in progress | 3 | €16,720 | €21,750 | +€5,030 | +30.1% |
| Stocks | 30/36 | €16,720 | €21,750 | +€5,030 | +30.1% |
| Amounts receivable within one year | 40/41 | €26,332 | €21,766 | -€4,566 | -17.3% |
| Trade receivables | 40 | €6,985 | €1,342 | -€5,643 | -80.8% |
| Other amounts receivable | 41 | €19,348 | €20,424 | +€1,077 | +5.6% |
| Cash at bank and in hand | 54/58 | €51,478 | €35,108 | -€16,371 | -31.8% |
| Deferred charges and accrued income | 490/1 | €1,533 | €2,368 | +€835 | +54.5% |
| Total equity and liabilities | 10/49 | €135,726 | €186,850 | +€51,125 | +37.7% |
| Equity | 10/15 | €101,506 | €99,793 | -€1,713 | -1.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €80,796 | €80,796 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €78,796 | €78,796 | = | 0.0% |
| Profit (loss) carried forward | 14 | €709 | -€1,003 | -€1,713 | |
| Amounts payable | 17/49 | €34,220 | €87,057 | +€52,837 | +154% |
| Amounts payable after more than one year | 17 | €0 | €44,679 | +€44,679 | |
| Financial debts | 170/4 | €0 | €44,679 | +€44,679 | |
| Amounts payable within one year | 42/48 | €34,220 | €42,378 | +€8,158 | +23.8% |
| Current portion of amounts payable after more than one year | 42 | €10,441 | €15,527 | +€5,086 | +48.7% |
| Trade debts | 44 | €21,285 | €25,059 | +€3,774 | +17.7% |
| Suppliers | 440/4 | €21,285 | €25,059 | +€3,774 | +17.7% |
| Taxes, remuneration and social security | 45 | €2,494 | €1,793 | -€702 | -28.1% |
| Taxes | 450/3 | €2,494 | €1,793 | -€702 | -28.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | -€98 | €0 | +€98 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,249 | €28,144 | +€8,896 | +46.2% |
| Other operating charges | 640/8 | €5,230 | €5,204 | -€26 | -0.5% |
| Gross operating margin | 9900 | €70,436 | €41,251 | -€29,185 | -41.4% |
| Operating profit (loss) | 9901 | €46,056 | €7,903 | -€38,153 | -82.8% |
| Financial income | 75/76B | €446 | €247 | -€199 | -44.7% |
| Recurring financial income | 75 | €446 | €247 | -€199 | -44.7% |
| Financial charges | 65/66B | €7,519 | €9,862 | +€2,343 | +31.2% |
| Recurring financial charges | 65 | €7,519 | €9,862 | +€2,343 | +31.2% |
| Profit (loss) for the period before taxes | 9903 | €38,982 | -€1,713 | -€40,695 | |
| Income taxes | 67/77 | €386 | €0 | -€386 | -100% |
| Profit (loss) for the period | 9904 | €38,596 | -€1,713 | -€40,308 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,596 | -€1,713 | -€40,308 |
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 15 October 2026 via checked.be.