LE BUILDING: 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.
LE BUILDING
Largest movements
- Cash -€63,307
down €63,307 (-93.3%), from €67,832 to €4,525
mainly Investment in fixed assets (net) (-€56,444) and Debts after one year (-€36,274)
- Tangible fixed assets +€42,549
up €42,549 (+774%), from €5,497 to €48,046
of which Furniture and vehicles: +€42,423
- Receivables within one year +€32,631
up €32,631 (+23,509%), from €139 to €32,769
of which Trade receivables: +€29,257
- Financial fixed assets +€2,891
up €2,891 (+33.0%), from €8,749 to €11,640
- Debts after one year -€36,274
down €36,274 (-92.2%), from €39,348 to €3,075
- Trade debts +€22,524
up €22,524 (+92.9%), from €24,244 to €46,767
- Current portion of long-term debt +€17,900
up €17,900, from €0 to €17,900
- Profit (loss) carried forward +€14,010
up €14,010 (+32.3%), from -€43,317 to -€29,307
- Tax, wage and social debts -€4,322
down €4,322 (-9.9%), from €43,700 to €39,379
of which Remuneration and social security: -€8,296
- Gross operating margin +€45,031
up €45,031 (+54.6%), from €82,468 to €127,499
- Depreciation +€6,463
up €6,463 (+142%), from €4,541 to €11,004
- Other operating charges +€6,328
up €6,328 (+65.5%), from €9,660 to €15,988
- Taxes +€5,982
up €5,982, from -€2,678 to €3,304
- Staff costs -€4,767
down €4,767 (-5.7%), from €82,944 to €78,177
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 | €89,583 | €105,191 | +€15,608 | +17.4% |
| Fixed assets | 21/28 | €14,246 | €59,686 | +€45,439 | +319% |
| Tangible fixed assets | 22/27 | €5,497 | €48,046 | +€42,549 | +774% |
| Plant, machinery and equipment | 23 | €1,580 | €1,706 | +€126 | +8.0% |
| Furniture and vehicles | 24 | €3,917 | €46,340 | +€42,423 | +1,083% |
| Financial fixed assets | 28 | €8,749 | €11,640 | +€2,891 | +33.0% |
| Current assets | 29/58 | €75,337 | €45,506 | -€29,831 | -39.6% |
| Stocks and contracts in progress | 3 | €7,079 | €7,079 | = | 0.0% |
| Stocks | 30/36 | €7,079 | €7,079 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €139 | €32,769 | +€32,631 | +23,509% |
| Trade receivables | 40 | €139 | €29,396 | +€29,257 | +21,079% |
| Other amounts receivable | 41 | €0 | €3,373 | +€3,373 | |
| Cash at bank and in hand | 54/58 | €67,832 | €4,525 | -€63,307 | -93.3% |
| Deferred charges and accrued income | 490/1 | €288 | €1,132 | +€845 | +294% |
| Total equity and liabilities | 10/49 | €89,583 | €105,191 | +€15,608 | +17.4% |
| Equity | 10/15 | -€24,542 | -€10,532 | +€14,010 | +57.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €183 | €183 | = | 0.0% |
| Non-distributable reserves | 130/1 | €183 | €183 | = | 0.0% |
| Reserves not available under the articles | 1311 | €183 | €183 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,317 | -€29,307 | +€14,010 | +32.3% |
| Amounts payable | 17/49 | €114,125 | €115,723 | +€1,598 | +1.4% |
| Amounts payable after more than one year | 17 | €39,348 | €3,075 | -€36,274 | -92.2% |
| Financial debts | 170/4 | €39,348 | €3,075 | -€36,274 | -92.2% |
| Amounts payable within one year | 42/48 | €74,563 | €112,411 | +€37,848 | +50.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | €17,900 | +€17,900 | |
| Financial debts | 43 | €2,319 | €4,915 | +€2,596 | +112% |
| Credit institutions | 430/8 | €2,319 | €4,915 | +€2,596 | +112% |
| Trade debts | 44 | €24,244 | €46,767 | +€22,524 | +92.9% |
| Suppliers | 440/4 | €24,244 | €46,767 | +€22,524 | +92.9% |
| Taxes, remuneration and social security | 45 | €43,700 | €39,379 | -€4,322 | -9.9% |
| Taxes | 450/3 | €8,973 | €12,948 | +€3,975 | +44.3% |
| Remuneration and social security | 454/9 | €34,727 | €26,431 | -€8,296 | -23.9% |
| Other amounts payable | 47/48 | €4,300 | €3,450 | -€850 | -19.8% |
| Accrued charges and deferred income | 492/3 | €214 | €238 | +€25 | +11.5% |
| Non-recurring operating income | 76A | - | €782 | +€782 | |
| Remuneration, social security and pensions | 62 | €82,944 | €78,177 | -€4,767 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,541 | €11,004 | +€6,463 | +142% |
| Other operating charges | 640/8 | €9,660 | €15,988 | +€6,328 | +65.5% |
| Non-recurring operating charges | 66A | - | €2,836 | +€2,836 | |
| Gross operating margin | 9900 | €82,468 | €127,499 | +€45,031 | +54.6% |
| Operating profit (loss) | 9901 | -€14,677 | €19,494 | +€34,171 | |
| Financial income | 75/76B | €90 | €0 | -€90 | -100% |
| Recurring financial income | 75 | €90 | €0 | -€90 | -100% |
| Financial charges | 65/66B | €4,631 | €2,180 | -€2,451 | -52.9% |
| Recurring financial charges | 65 | €4,631 | €2,180 | -€2,451 | -52.9% |
| Profit (loss) for the period before taxes | 9903 | -€19,218 | €17,314 | +€36,531 | |
| Income taxes | 67/77 | -€2,678 | €3,304 | +€5,982 | |
| Profit (loss) for the period | 9904 | -€16,539 | €14,010 | +€30,549 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,539 | €14,010 | +€30,549 |
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 17 October 2026 via checked.be.