Permis de Construire: 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.
Permis de Construire
Largest movements
- Financial fixed assets -€841,561
down €841,561 (-62.5%), from €1.3m to €503,995
- Other debts -€555,000
down €555,000 (-45.7%), from €1.2m to €658,996
- Profit (loss) carried forward -€278,386
down €278,386, from €106,447 to -€171,940
- Financial charges +€273,610
up €273,610 (+160,947%), from €170 to €273,780
of which Non-recurring financial charges: +€273,575
- Financial income -€230,294
down €230,294 (-99.4%), from €231,571 to €1,277
of which Financial income: -€231,571
- Taxes -€2,798
down €2,798 (-100%), from €2,798 to €0
- Gross operating margin +€1,828
up €1,828 (+27.5%), from -€6,644 to -€4,816
- Depreciation -€675
down €675 (-100%), from €675 to €0
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 | €1,348,870 | €509,990 | -€838,880 | -62.2% |
| Fixed assets | 21/28 | €1,345,556 | €503,995 | -€841,561 | -62.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Financial fixed assets | 28 | €1,345,556 | €503,995 | -€841,561 | -62.5% |
| Current assets | 29/58 | €3,314 | €5,995 | +€2,681 | +80.9% |
| Amounts receivable within one year | 40/41 | €1,405 | €1,753 | +€348 | +24.8% |
| Trade receivables | 40 | €96 | €0 | -€96 | -100% |
| Other amounts receivable | 41 | €1,309 | €1,753 | +€444 | +33.9% |
| Cash at bank and in hand | 54/58 | €1,909 | €4,242 | +€2,333 | +122% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,348,870 | €509,990 | -€838,880 | -62.2% |
| Equity | 10/15 | €126,447 | -€151,940 | -€278,386 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,447 | -€171,940 | -€278,386 | |
| Amounts payable | 17/49 | €1,222,423 | €661,929 | -€560,494 | -45.9% |
| Amounts payable within one year | 42/48 | €1,222,423 | €661,929 | -€560,494 | -45.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €5,629 | €135 | -€5,494 | -97.6% |
| Suppliers | 440/4 | €5,629 | €135 | -€5,494 | -97.6% |
| Taxes, remuneration and social security | 45 | €2,798 | €2,798 | = | 0.0% |
| Taxes | 450/3 | €2,798 | €2,798 | = | 0.0% |
| Other amounts payable | 47/48 | €1,213,996 | €658,996 | -€555,000 | -45.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €675 | €0 | -€675 | -100% |
| Other operating charges | 640/8 | €986 | €1,067 | +€82 | +8.3% |
| Non-recurring operating charges | 66A | €98,192 | €0 | -€98,192 | -100% |
| Gross operating margin | 9900 | -€6,644 | -€4,816 | +€1,828 | +27.5% |
| Operating profit (loss) | 9901 | -€106,497 | -€5,884 | +€100,613 | +94.5% |
| Financial income | 75/76B | €231,571 | €1,277 | -€230,294 | -99.4% |
| Recurring financial income | 75 | €231,571 | €0 | -€231,571 | -100% |
| Non-recurring financial income | 76B | - | €1,277 | +€1,277 | |
| Financial charges | 65/66B | €170 | €273,780 | +€273,610 | +160,947% |
| Recurring financial charges | 65 | €170 | €205 | +€35 | +20.7% |
| Non-recurring financial charges | 66B | - | €273,575 | +€273,575 | |
| Profit (loss) for the period before taxes | 9903 | €124,904 | -€278,386 | -€403,290 | |
| Income taxes | 67/77 | €2,798 | €0 | -€2,798 | -100% |
| Profit (loss) for the period | 9904 | €122,106 | -€278,386 | -€400,492 | |
| Profit (loss) for the period to be appropriated | 9905 | €122,106 | -€278,386 | -€400,492 |
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 24 October 2026 via checked.be.