FI2BUILD: 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.
FI2BUILD
Largest movements
- Stocks and contracts +€895,399
up €895,399 (+608%), from €147,175 to €1.0m
- Cash -€151,556
down €151,556 (-97.1%), from €156,088 to €4,531
mainly Stocks and contracts (-€895,399) and Receivables within one year (-€82,427)
- Receivables within one year +€82,427
up €82,427 (+84.7%), from €97,290 to €179,717
of which Other amounts receivable: +€164,781
- Current portion of long-term debt +€531,897
up €531,897 (+177%), from €300,000 to €831,897
- Profit (loss) carried forward +€175,541
up €175,541, from -€171,031 to €4,510
- Other debts +€71,654
up €71,654 (+40.6%), from €176,362 to €248,017
- Tax, wage and social debts +€46,477
up €46,477 (+1,025%), from €4,533 to €51,009
- Gross operating margin +€238,692
up €238,692, from -€36,457 to €202,235
- Financial charges +€26,752
up €26,752 (+225%), from €11,891 to €38,642
- Financial income +€19,187
up €19,187 (+95,936,800%), from €0 to €19,187
- Taxes +€6,126
new in 2025: €6,126
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 | €402,559 | €1,227,667 | +€825,108 | +205% |
| Current assets | 29/58 | €402,559 | €1,227,667 | +€825,108 | +205% |
| Stocks and contracts in progress | 3 | €147,175 | €1,042,575 | +€895,399 | +608% |
| Stocks | 30/36 | €147,175 | €1,042,575 | +€895,399 | +608% |
| Amounts receivable within one year | 40/41 | €97,290 | €179,717 | +€82,427 | +84.7% |
| Trade receivables | 40 | €84,290 | €1,936 | -€82,354 | -97.7% |
| Other amounts receivable | 41 | €13,000 | €177,781 | +€164,781 | +1,268% |
| Cash at bank and in hand | 54/58 | €156,088 | €4,531 | -€151,556 | -97.1% |
| Deferred charges and accrued income | 490/1 | €2,006 | €844 | -€1,162 | -57.9% |
| Total equity and liabilities | 10/49 | €402,559 | €1,227,667 | +€825,108 | +205% |
| Equity | 10/15 | -€145,122 | €30,419 | +€175,541 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €15,909 | €15,909 | = | 0.0% |
| Distributable reserves | 133 | €15,909 | €15,909 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€171,031 | €4,510 | +€175,541 | |
| Amounts payable | 17/49 | €547,681 | €1,197,248 | +€649,567 | +119% |
| Amounts payable within one year | 42/48 | €544,218 | €1,197,248 | +€653,030 | +120% |
| Current portion of amounts payable after more than one year | 42 | €300,000 | €831,897 | +€531,897 | +177% |
| Trade debts | 44 | €63,323 | €66,325 | +€3,002 | +4.7% |
| Suppliers | 440/4 | €63,323 | €66,325 | +€3,002 | +4.7% |
| Taxes, remuneration and social security | 45 | €4,533 | €51,009 | +€46,477 | +1,025% |
| Taxes | 450/3 | €4,533 | €51,009 | +€46,477 | +1,025% |
| Other amounts payable | 47/48 | €176,362 | €248,017 | +€71,654 | +40.6% |
| Accrued charges and deferred income | 492/3 | €3,463 | - | -€3,463 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Other operating charges | 640/8 | €814 | €1,114 | +€300 | +36.9% |
| Non-recurring operating charges | 66A | €25,995 | - | -€25,995 | |
| Gross operating margin | 9900 | -€36,457 | €202,235 | +€238,692 | |
| Operating profit (loss) | 9901 | -€63,265 | €201,121 | +€264,387 | |
| Financial income | 75/76B | €0 | €19,187 | +€19,187 | +95,936,800% |
| Recurring financial income | 75 | €0 | €19,187 | +€19,187 | +95,936,800% |
| Financial charges | 65/66B | €11,891 | €38,642 | +€26,752 | +225% |
| Recurring financial charges | 65 | €11,891 | €38,642 | +€26,752 | +225% |
| Profit (loss) for the period before taxes | 9903 | -€75,156 | €181,667 | +€256,822 | |
| Income taxes | 67/77 | - | €6,126 | +€6,126 | |
| Profit (loss) for the period | 9904 | -€75,156 | €175,541 | +€250,697 | |
| Profit (loss) for the period to be appropriated | 9905 | -€75,156 | €175,541 | +€250,697 |
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 24 October 2026 via checked.be.