R-BUILD: 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.
R-BUILD
Largest movements
- Tangible fixed assets -€19,042
down €19,042 (-4.5%), from €420,960 to €401,918
- Accrued charges and deferred income -€29,910
down €29,910 (-88.6%), from €33,773 to €3,864
- Other debts +€16,501
up €16,501 (+78.3%), from €21,076 to €37,577
- Debts after one year -€10,927
down €10,927 (-11.3%), from €96,914 to €85,987
- Reserves +€4,993
up €4,993 (+2.0%), from €249,844 to €254,836
of which Distributable reserves: +€4,993
- Gross operating margin +€11,314
up €11,314 (+39.5%), from €28,670 to €39,984
- Other operating charges +€4,388
up €4,388 (+97.2%), from €4,514 to €8,902
- Taxes +€1,939
up €1,939 (+2,119%), from €92 to €2,030
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 | €448,552 | €432,106 | -€16,446 | -3.7% |
| Fixed assets | 21/28 | €420,960 | €401,918 | -€19,042 | -4.5% |
| Tangible fixed assets | 22/27 | €420,960 | €401,918 | -€19,042 | -4.5% |
| Land and buildings | 22 | €420,960 | €401,918 | -€19,042 | -4.5% |
| Current assets | 29/58 | €27,592 | €30,189 | +€2,597 | +9.4% |
| Amounts receivable within one year | 40/41 | €21,302 | €21,072 | -€230 | -1.1% |
| Trade receivables | 40 | €21,302 | €21,072 | -€230 | -1.1% |
| Cash at bank and in hand | 54/58 | €4,316 | €7,916 | +€3,600 | +83.4% |
| Deferred charges and accrued income | 490/1 | €1,974 | €1,200 | -€774 | -39.2% |
| Total equity and liabilities | 10/49 | €448,552 | €432,106 | -€16,446 | -3.7% |
| Equity | 10/15 | €274,673 | €279,666 | +€4,993 | +1.8% |
| Contributions | 10/11 | €24,830 | €24,830 | = | 0.0% |
| Reserves | 13 | €249,844 | €254,836 | +€4,993 | +2.0% |
| Non-distributable reserves | 130/1 | €2,483 | €2,483 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,483 | €2,483 | = | 0.0% |
| Distributable reserves | 133 | €247,361 | €252,353 | +€4,993 | +2.0% |
| Amounts payable | 17/49 | €173,879 | €152,440 | -€21,438 | -12.3% |
| Amounts payable after more than one year | 17 | €96,914 | €85,987 | -€10,927 | -11.3% |
| Financial debts | 170/4 | €96,914 | €85,987 | -€10,927 | -11.3% |
| Amounts payable within one year | 42/48 | €43,192 | €62,590 | +€19,399 | +44.9% |
| Current portion of amounts payable after more than one year | 42 | €10,510 | €10,927 | +€417 | +4.0% |
| Trade debts | 44 | €1,468 | €2,525 | +€1,057 | +72.0% |
| Suppliers | 440/4 | €1,468 | €2,525 | +€1,057 | +72.0% |
| Taxes, remuneration and social security | 45 | €10,137 | €11,560 | +€1,423 | +14.0% |
| Taxes | 450/3 | €8,237 | €9,660 | +€1,423 | +17.3% |
| Remuneration and social security | 454/9 | €1,900 | €1,900 | = | 0.0% |
| Other amounts payable | 47/48 | €21,076 | €37,577 | +€16,501 | +78.3% |
| Accrued charges and deferred income | 492/3 | €33,773 | €3,864 | -€29,910 | -88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,042 | €19,042 | = | 0.0% |
| Other operating charges | 640/8 | €4,514 | €8,902 | +€4,388 | +97.2% |
| Gross operating margin | 9900 | €28,670 | €39,984 | +€11,314 | +39.5% |
| Operating profit (loss) | 9901 | €5,114 | €12,040 | +€6,926 | +135% |
| Financial charges | 65/66B | €4,793 | €5,017 | +€224 | +4.7% |
| Recurring financial charges | 65 | €4,793 | €5,017 | +€224 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €321 | €7,023 | +€6,702 | +2,088% |
| Income taxes | 67/77 | €92 | €2,030 | +€1,939 | +2,119% |
| Profit (loss) for the period | 9904 | €230 | €4,993 | +€4,763 | +2,075% |
| Profit (loss) for the period to be appropriated | 9905 | €230 | €4,993 | +€4,763 | +2,075% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.