P-BUILT: what changed
Two fiscal 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.
P-BUILT
Largest movements
- Tangible fixed assets -€4,771
down €4,771 (-38.2%), from €12,505 to €7,734
of which Furniture and vehicles: -€4,506
- Cash -€3,593
down €3,593 (-73.0%), from €4,924 to €1,331
mainly Other debts (-€44,013) and Receivables within one year (-€750)
- Receivables within one year +€750
up €750 (+101.9%), from €736 to €1,486
- Other debts -€44,013
down €44,013 (-29.5%), from €149,092 to €105,079
- Contributions +€18,610
new in 2025: €18,610
- Profit (loss) carried forward +€17,789
up €17,789 (+13.6%), from -€130,927 to -€113,138
- Turnover +€49,156
up €49,156 (+581.7%), from €8,450 to €57,606
- Staff costs -€21,541
no longer reported in 2025 (was €21,541)
- Purchases and services +€20,744
up €20,744 (+157.9%), from €13,137 to €33,880
- Gross operating margin +€18,434
new in 2025: €18,434
- Depreciation -€7,732
no longer reported in 2025 (was €7,732)
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.
Cash bridge derived
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 | €18,165 | €10,551 | -€7,614 | -41.9% |
| Fixed assets | 21/28 | €12,505 | €7,734 | -€4,771 | -38.2% |
| Tangible fixed assets | 22/27 | €12,505 | €7,734 | -€4,771 | -38.2% |
| Plant, machinery and equipment | 23 | €267 | €2 | -€265 | -99.2% |
| Furniture and vehicles | 24 | €12,238 | €7,732 | -€4,506 | -36.8% |
| Current assets | 29/58 | €5,660 | €2,817 | -€2,843 | -50.2% |
| Amounts receivable within one year | 40/41 | €736 | €1,486 | +€750 | +101.9% |
| Other amounts receivable | 41 | €736 | €1,486 | +€750 | +101.9% |
| Cash at bank and in hand | 54/58 | €4,924 | €1,331 | -€3,593 | -73.0% |
| Total equity and liabilities | 10/49 | €18,165 | €10,551 | -€7,614 | -41.9% |
| Equity | 10/15 | -€130,927 | -€94,528 | +€36,399 | +27.8% |
| Contributions | 10/11 | - | €18,610 | +€18,610 | |
| Capital | 10 | - | €18,610 | +€18,610 | |
| Issued capital | 100 | - | €18,610 | +€18,610 | |
| Profit (loss) carried forward | 14 | -€130,927 | -€113,138 | +€17,789 | +13.6% |
| Amounts payable | 17/49 | €149,092 | €105,079 | -€44,013 | -29.5% |
| Amounts payable within one year | 42/48 | €149,092 | €105,079 | -€44,013 | -29.5% |
| Other amounts payable | 47/48 | €149,092 | €105,079 | -€44,013 | -29.5% |
| Turnover | 70 | €8,450 | €57,606 | +€49,156 | +581.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €13,137 | €33,880 | +€20,744 | +157.9% |
| Remuneration, social security and pensions | 62 | €21,541 | - | -€21,541 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,732 | - | -€7,732 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,381 | - | +€7,381 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€7,112 | - | +€7,112 | |
| Other operating charges | 640/8 | €1,007 | €506 | -€501 | -49.8% |
| Gross operating margin | 9900 | - | €18,434 | +€18,434 | |
| Operating profit (loss) | 9901 | -€15,788 | €17,928 | +€33,715 | |
| Financial charges | 65/66B | €112 | €128 | +€16 | +14.5% |
| Recurring financial charges | 65 | €112 | €128 | +€16 | +14.5% |
| Non-recurring financial charges | 66B | €112 | €128 | +€16 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,900 | €17,799 | +€33,699 | |
| Profit (loss) for the period | 9904 | -€15,900 | €17,799 | +€33,699 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,900 | €17,799 | +€33,699 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.