LBK 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.
LBK Bouw
Largest movements
- Stocks and contracts +€109,531
up €109,531 (+45.9%), from €238,372 to €347,903
- Cash -€63,425
down €63,425 (-62.1%), from €102,200 to €38,775
mainly Stocks and contracts (-€109,531) and Other debts (-€23,625)
- Receivables within one year -€28,153
down €28,153 (-82.5%), from €34,144 to €5,990
of which Trade receivables: -€24,773
- Tangible fixed assets -€8,230
down €8,230 (-61.1%), from €13,481 to €5,251
of which Leasing and similar rights: -€4,790
- Other debts -€23,625
down €23,625 (-68.4%), from €34,563 to €10,938
- Current portion of long-term debt +€21,182
up €21,182 (+16.5%), from €128,202 to €149,383
- Reserves +€18,033
up €18,033 (+10.2%), from €177,427 to €195,459
- Tax, wage and social debts -€13,015
down €13,015 (-60.3%), from €21,598 to €8,583
- Trade debts +€8,012
up €8,012 (+37.8%), from €21,198 to €29,210
- Gross operating margin -€90,722
down €90,722 (-67.8%), from €133,901 to €43,179
- Other operating charges -€20,909
down €20,909 (-89.2%), from €23,435 to €2,526
- Taxes -€16,765
down €16,765 (-69.1%), from €24,262 to €7,497
- Financial charges +€1,528
up €1,528 (+27.8%), from €5,487 to €7,015
- Depreciation -€1,369
down €1,369 (-14.2%), from €9,659 to €8,290
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 | €389,766 | €399,569 | +€9,804 | +2.5% |
| Fixed assets | 21/28 | €13,541 | €6,901 | -€6,640 | -49.0% |
| Intangible fixed assets | 21 | €60 | €0 | -€60 | -100% |
| Tangible fixed assets | 22/27 | €13,481 | €5,251 | -€8,230 | -61.1% |
| Land and buildings | 22 | €3,109 | €2,647 | -€463 | -14.9% |
| Plant, machinery and equipment | 23 | €3,655 | €1,270 | -€2,385 | -65.2% |
| Furniture and vehicles | 24 | €997 | €404 | -€593 | -59.5% |
| Leasing and similar rights | 25 | €5,720 | €930 | -€4,790 | -83.7% |
| Financial fixed assets | 28 | - | €1,650 | +€1,650 | |
| Current assets | 29/58 | €376,225 | €392,669 | +€16,444 | +4.4% |
| Stocks and contracts in progress | 3 | €238,372 | €347,903 | +€109,531 | +45.9% |
| Contracts in progress | 37 | €238,372 | €347,903 | +€109,531 | +45.9% |
| Amounts receivable within one year | 40/41 | €34,144 | €5,990 | -€28,153 | -82.5% |
| Trade receivables | 40 | €26,112 | €1,338 | -€24,773 | -94.9% |
| Other amounts receivable | 41 | €8,032 | €4,652 | -€3,380 | -42.1% |
| Cash at bank and in hand | 54/58 | €102,200 | €38,775 | -€63,425 | -62.1% |
| Deferred charges and accrued income | 490/1 | €1,509 | €0 | -€1,509 | -100% |
| Total equity and liabilities | 10/49 | €389,766 | €399,569 | +€9,804 | +2.5% |
| Equity | 10/15 | €181,027 | €199,059 | +€18,033 | +10.0% |
| Contributions | 10/11 | €3,600 | €3,600 | = | 0.0% |
| Reserves | 13 | €177,427 | €195,459 | +€18,033 | +10.2% |
| Distributable reserves | 133 | €177,427 | €195,459 | +€18,033 | +10.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €208,739 | €200,510 | -€8,229 | -3.9% |
| Amounts payable after more than one year | 17 | €3,178 | €2,395 | -€783 | -24.6% |
| Financial debts | 170/4 | €3,178 | €2,395 | -€783 | -24.6% |
| Amounts payable within one year | 42/48 | €205,561 | €198,115 | -€7,446 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €128,202 | €149,383 | +€21,182 | +16.5% |
| Trade debts | 44 | €21,198 | €29,210 | +€8,012 | +37.8% |
| Suppliers | 440/4 | €21,198 | €29,210 | +€8,012 | +37.8% |
| Taxes, remuneration and social security | 45 | €21,598 | €8,583 | -€13,015 | -60.3% |
| Taxes | 450/3 | €21,598 | €8,583 | -€13,015 | -60.3% |
| Other amounts payable | 47/48 | €34,563 | €10,938 | -€23,625 | -68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,659 | €8,290 | -€1,369 | -14.2% |
| Other operating charges | 640/8 | €23,435 | €2,526 | -€20,909 | -89.2% |
| Gross operating margin | 9900 | €133,901 | €43,179 | -€90,722 | -67.8% |
| Operating profit (loss) | 9901 | €100,807 | €32,363 | -€68,444 | -67.9% |
| Financial income | 75/76B | €65 | €182 | +€117 | +180% |
| Recurring financial income | 75 | €65 | €182 | +€117 | +180% |
| Financial charges | 65/66B | €5,487 | €7,015 | +€1,528 | +27.8% |
| Recurring financial charges | 65 | €5,487 | €7,015 | +€1,528 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | €95,385 | €25,530 | -€69,855 | -73.2% |
| Income taxes | 67/77 | €24,262 | €7,497 | -€16,765 | -69.1% |
| Profit (loss) for the period | 9904 | €71,123 | €18,033 | -€53,091 | -74.6% |
| Profit (loss) for the period to be appropriated | 9905 | €71,123 | €18,033 | -€53,091 | -74.6% |
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 19 October 2026 via checked.be.