NORTH BUILDINGS: 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.
NORTH BUILDINGS
Largest movements
- Receivables within one year -€179,977
down €179,977 (-14.4%), from €1.2m to €1.1m
of which Trade receivables: -€142,838
- Stocks and contracts -€162,874
down €162,874 (-70.2%), from €232,011 to €69,137
- Profit (loss) carried forward -€349,232
down €349,232 (-13.0%), from -€2.7m to -€3.0m
- Other debts +€199,765
up €199,765 (+1.8%), from €11.2m to €11.4m
- Trade debts -€185,305
down €185,305 (-98.8%), from €187,577 to €2,272
- Taxes -€1.5m
down €1.5m (-99.6%), from €1.5m to €6,715
- Gross operating margin -€889,786
down €889,786, from €796,886 to -€92,900
- Other operating charges -€563,005
down €563,005 (-99.8%), from €564,156 to €1,151
- Provisions +€9,000
up €9,000 (+60.0%), from -€15,000 to -€6,000
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 | €9,046,842 | €8,704,185 | -€342,657 | -3.8% |
| Fixed assets | 21/28 | €7,566,561 | €7,566,561 | = | 0.0% |
| Financial fixed assets | 28 | €7,566,561 | €7,566,561 | = | 0.0% |
| Current assets | 29/58 | €1,480,281 | €1,137,624 | -€342,657 | -23.1% |
| Stocks and contracts in progress | 3 | €232,011 | €69,137 | -€162,874 | -70.2% |
| Stocks | 30/36 | €232,011 | €69,137 | -€162,874 | -70.2% |
| Amounts receivable within one year | 40/41 | €1,247,934 | €1,067,957 | -€179,977 | -14.4% |
| Trade receivables | 40 | €145,929 | €3,091 | -€142,838 | -97.9% |
| Other amounts receivable | 41 | €1,102,005 | €1,064,866 | -€37,138 | -3.4% |
| Cash at bank and in hand | 54/58 | €336 | €143 | -€193 | -57.4% |
| Deferred charges and accrued income | 490/1 | - | €386 | +€386 | |
| Total equity and liabilities | 10/49 | €9,046,842 | €8,704,185 | -€342,657 | -3.8% |
| Equity | 10/15 | -€2,610,119 | -€2,959,350 | -€349,232 | -13.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,678,319 | -€3,027,550 | -€349,232 | -13.0% |
| Provisions and deferred taxes | 16 | €135,000 | €129,000 | -€6,000 | -4.4% |
| Provisions for liabilities and charges | 160/5 | €135,000 | €129,000 | -€6,000 | -4.4% |
| Other liabilities and charges | 164/5 | €135,000 | €129,000 | -€6,000 | -4.4% |
| Amounts payable | 17/49 | €11,521,961 | €11,534,535 | +€12,574 | +0.1% |
| Amounts payable within one year | 42/48 | €11,521,961 | €11,534,535 | +€12,574 | +0.1% |
| Financial debts | 43 | €146,762 | €149,347 | +€2,585 | +1.8% |
| Other loans | 439 | €146,762 | €149,347 | +€2,585 | +1.8% |
| Trade debts | 44 | €187,577 | €2,272 | -€185,305 | -98.8% |
| Suppliers | 440/4 | €187,577 | €2,272 | -€185,305 | -98.8% |
| Advances received on contracts in progress | 46 | €4,471 | - | -€4,471 | |
| Other amounts payable | 47/48 | €11,183,152 | €11,382,916 | +€199,765 | +1.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€15,000 | -€6,000 | +€9,000 | +60.0% |
| Other operating charges | 640/8 | €564,156 | €1,151 | -€563,005 | -99.8% |
| Gross operating margin | 9900 | €796,886 | -€92,900 | -€889,786 | |
| Operating profit (loss) | 9901 | €247,730 | -€88,051 | -€335,782 | |
| Financial charges | 65/66B | €246,509 | €254,465 | +€7,956 | +3.2% |
| Recurring financial charges | 65 | €246,509 | €254,465 | +€7,956 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €1,221 | -€342,517 | -€343,738 | |
| Income taxes | 67/77 | €1,521,516 | €6,715 | -€1.5m | -99.6% |
| Profit (loss) for the period | 9904 | -€1,520,295 | -€349,232 | +€1.2m | +77.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,520,295 | -€349,232 | +€1.2m | +77.0% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.