PROTECTION FOR 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.
PROTECTION FOR BUILDING
Largest movements
- Receivables within one year +€25,679
up €25,679 (+25.5%), from €100,866 to €126,545
of which Other amounts receivable: +€47,699
- Reserves +€43,139
up €43,139 (+94.4%), from €45,706 to €88,845
of which Distributable reserves: +€41,279
- Trade debts -€32,282
down €32,282 (-49.9%), from €64,715 to €32,434
- Tax, wage and social debts +€15,439
up €15,439 (+429%), from €3,596 to €19,036
of which Taxes: +€14,523
- Gross operating margin +€73,211
up €73,211 (+318%), from €23,046 to €96,257
- Taxes +€15,239
up €15,239 (+219%), from €6,955 to €22,194
- Staff costs +€6,490
new in 2025: €6,490
- Financial charges +€3,118
up €3,118 (+84.4%), from €3,695 to €6,813
of which Non-recurring financial charges: +€3,286
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 | €143,407 | €168,440 | +€25,033 | +17.5% |
| Fixed assets | 21/28 | €13,391 | €13,410 | +€19 | +0.1% |
| Tangible fixed assets | 22/27 | €13,321 | €13,339 | +€19 | +0.1% |
| Plant, machinery and equipment | 23 | €1,175 | €338 | -€838 | -71.3% |
| Furniture and vehicles | 24 | €11,979 | €13,002 | +€1,022 | +8.5% |
| Other tangible fixed assets | 26 | €166 | €0 | -€166 | -100% |
| Financial fixed assets | 28 | €70 | €70 | = | 0.0% |
| Current assets | 29/58 | €130,016 | €155,030 | +€25,014 | +19.2% |
| Amounts receivable within one year | 40/41 | €100,866 | €126,545 | +€25,679 | +25.5% |
| Trade receivables | 40 | €52,351 | €30,330 | -€22,020 | -42.1% |
| Other amounts receivable | 41 | €48,515 | €96,215 | +€47,699 | +98.3% |
| Cash at bank and in hand | 54/58 | €29,150 | €28,485 | -€665 | -2.3% |
| Total equity and liabilities | 10/49 | €143,407 | €168,440 | +€25,033 | +17.5% |
| Equity | 10/15 | €64,306 | €107,445 | +€43,139 | +67.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €45,706 | €88,845 | +€43,139 | +94.4% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €45,706 | €86,985 | +€41,279 | +90.3% |
| Amounts payable | 17/49 | €79,101 | €60,995 | -€18,107 | -22.9% |
| Amounts payable within one year | 42/48 | €79,101 | €60,995 | -€18,107 | -22.9% |
| Trade debts | 44 | €64,715 | €32,434 | -€32,282 | -49.9% |
| Suppliers | 440/4 | €64,715 | €32,434 | -€32,282 | -49.9% |
| Advances received on contracts in progress | 46 | €2,964 | €3,116 | +€153 | +5.1% |
| Taxes, remuneration and social security | 45 | €3,596 | €19,036 | +€15,439 | +429% |
| Taxes | 450/3 | €3,596 | €18,120 | +€14,523 | +404% |
| Remuneration and social security | 454/9 | - | €916 | +€916 | |
| Other amounts payable | 47/48 | €7,826 | €6,409 | -€1,417 | -18.1% |
| Remuneration, social security and pensions | 62 | - | €6,490 | +€6,490 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,015 | €4,823 | +€808 | +20.1% |
| Other operating charges | 640/8 | €1,327 | €1,230 | -€97 | -7.3% |
| Non-recurring operating charges | 66A | - | €12,316 | +€12,316 | |
| Gross operating margin | 9900 | €23,046 | €96,257 | +€73,211 | +318% |
| Operating profit (loss) | 9901 | €17,704 | €71,398 | +€53,694 | +303% |
| Financial income | 75/76B | €336 | €749 | +€413 | +123% |
| Recurring financial income | 75 | €336 | €25 | -€311 | -92.6% |
| Non-recurring financial income | 76B | €336 | €724 | +€388 | +116% |
| Financial charges | 65/66B | €3,695 | €6,813 | +€3,118 | +84.4% |
| Recurring financial charges | 65 | €1,263 | €1,096 | -€167 | -13.2% |
| Non-recurring financial charges | 66B | €2,432 | €5,717 | +€3,286 | +135% |
| Profit (loss) for the period before taxes | 9903 | €14,344 | €65,333 | +€50,989 | +355% |
| Income taxes | 67/77 | €6,955 | €22,194 | +€15,239 | +219% |
| Profit (loss) for the period | 9904 | €7,390 | €43,139 | +€35,750 | +484% |
| Profit (loss) for the period to be appropriated | 9905 | €7,390 | €43,139 | +€35,750 | +484% |
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 30 October 2026 via checked.be.