ONE 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.
ONE BOUW
Largest movements
- Receivables within one year +€193,822
up €193,822 (+158%), from €122,812 to €316,635
of which Trade receivables: +€200,507
- Tangible fixed assets +€165,769
up €165,769 (+262%), from €63,333 to €229,102
of which Land and buildings: +€155,000
- Stocks and contracts +€38,543
new in 2025: €38,543
- Cash +€19,389
new in 2025: €19,389
mainly Trade debts (+€202,562) and Debts after one year (+€80,198)
- Trade debts +€202,562
up €202,562 (+189%), from €106,915 to €309,476
- Debts after one year +€80,198
up €80,198 (+483%), from €16,601 to €96,799
- Other debts +€66,241
up €66,241 (+560%), from €11,829 to €78,070
- Profit (loss) carried forward +€59,848
up €59,848 (+444%), from €13,469 to €73,317
- Current portion of long-term debt +€12,773
up €12,773 (+84.7%), from €15,078 to €27,851
- Purchases and services +€148,784
up €148,784 (+22.2%), from €668,793 to €817,577
- Gross operating margin +€136,819
up €136,819 (+915%), from €14,954 to €151,774
- Staff costs +€39,625
new in 2025: €39,625
- Taxes +€16,722
up €16,722 (+1,762%), from €949 to €17,671
- Other operating charges +€7,993
up €7,993 (+448%), from €1,783 to €9,776
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 | €186,645 | €607,853 | +€421,208 | +226% |
| Fixed assets | 21/28 | €63,833 | €233,287 | +€169,454 | +265% |
| Tangible fixed assets | 22/27 | €63,333 | €229,102 | +€165,769 | +262% |
| Land and buildings | 22 | - | €155,000 | +€155,000 | |
| Plant, machinery and equipment | 23 | €4,452 | €27,443 | +€22,991 | +516% |
| Furniture and vehicles | 24 | €58,881 | €46,659 | -€12,222 | -20.8% |
| Financial fixed assets | 28 | €500 | €4,185 | +€3,685 | +737% |
| Current assets | 29/58 | €122,812 | €374,567 | +€251,754 | +205% |
| Stocks and contracts in progress | 3 | - | €38,543 | +€38,543 | |
| Stocks | 30/36 | - | €38,543 | +€38,543 | |
| Amounts receivable within one year | 40/41 | €122,812 | €316,635 | +€193,822 | +158% |
| Trade receivables | 40 | €106,192 | €306,699 | +€200,507 | +189% |
| Other amounts receivable | 41 | €16,621 | €9,936 | -€6,685 | -40.2% |
| Cash at bank and in hand | 54/58 | - | €19,389 | +€19,389 | |
| Total equity and liabilities | 10/49 | €186,645 | €607,853 | +€421,208 | +226% |
| Equity | 10/15 | €16,469 | €76,317 | +€59,848 | +363% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,469 | €73,317 | +€59,848 | +444% |
| Amounts payable | 17/49 | €170,176 | €531,536 | +€361,360 | +212% |
| Amounts payable after more than one year | 17 | €16,601 | €96,799 | +€80,198 | +483% |
| Financial debts | 170/4 | €16,601 | €96,799 | +€80,198 | +483% |
| Amounts payable within one year | 42/48 | €153,575 | €434,738 | +€281,162 | +183% |
| Current portion of amounts payable after more than one year | 42 | €15,078 | €27,851 | +€12,773 | +84.7% |
| Financial debts | 43 | €5,765 | €844 | -€4,921 | -85.4% |
| Credit institutions | 430/8 | €5,765 | €844 | -€4,921 | -85.4% |
| Trade debts | 44 | €106,915 | €309,476 | +€202,562 | +189% |
| Suppliers | 440/4 | €106,915 | €309,476 | +€202,562 | +189% |
| Taxes, remuneration and social security | 45 | €13,989 | €18,497 | +€4,507 | +32.2% |
| Taxes | 450/3 | €13,989 | €16,516 | +€2,527 | +18.1% |
| Remuneration and social security | 454/9 | - | €1,981 | +€1,981 | |
| Other amounts payable | 47/48 | €11,829 | €78,070 | +€66,241 | +560% |
| Goods, raw materials, services and sundry goods | 60/61 | €668,793 | €817,577 | +€148,784 | +22.2% |
| Remuneration, social security and pensions | 62 | - | €39,625 | +€39,625 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,630 | €19,374 | +€6,744 | +53.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,089 | - | +€2,089 | |
| Other operating charges | 640/8 | €1,783 | €9,776 | +€7,993 | +448% |
| Gross operating margin | 9900 | €14,954 | €151,774 | +€136,819 | +915% |
| Operating profit (loss) | 9901 | €2,629 | €82,998 | +€80,368 | +3,056% |
| Financial income | 75/76B | €11 | €9 | -€2 | -15.1% |
| Recurring financial income | 75 | €11 | €9 | -€2 | -15.1% |
| Financial charges | 65/66B | €4,064 | €5,488 | +€1,424 | +35.0% |
| Recurring financial charges | 65 | €4,064 | €5,488 | +€1,424 | +35.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,423 | €77,519 | +€78,942 | |
| Income taxes | 67/77 | €949 | €17,671 | +€16,722 | +1,762% |
| Profit (loss) for the period | 9904 | -€2,372 | €59,848 | +€62,221 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,372 | €59,848 | +€62,221 |
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.