Re-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.
Re-Build
Largest movements
- Receivables within one year +€49,436
up €49,436 (+27.3%), from €181,370 to €230,806
of which Trade receivables: +€41,985
- Tangible fixed assets -€4,367
down €4,367 (-33.3%), from €13,100 to €8,733
of which Leasing and similar rights: -€4,367
- Other debts +€29,322
up €29,322 (+38.2%), from €76,718 to €106,040
- Profit (loss) carried forward +€14,550
up €14,550 (+361%), from €4,030 to €18,580
- Gross operating margin +€6,303
up €6,303 (+51.4%), from €12,266 to €18,570
- Financial income +€3,876
up €3,876 (+93.7%), from €4,137 to €8,013
- Financial charges -€936
down €936 (-11.6%), from €8,088 to €7,152
- Depreciation -€589
down €589 (-11.9%), from €4,956 to €4,367
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 | €199,964 | €244,185 | +€44,220 | +22.1% |
| Fixed assets | 21/28 | €13,100 | €8,733 | -€4,367 | -33.3% |
| Tangible fixed assets | 22/27 | €13,100 | €8,733 | -€4,367 | -33.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €13,100 | €8,733 | -€4,367 | -33.3% |
| Current assets | 29/58 | €186,865 | €235,452 | +€48,587 | +26.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €181,370 | €230,806 | +€49,436 | +27.3% |
| Trade receivables | 40 | €6,972 | €48,958 | +€41,985 | +602% |
| Other amounts receivable | 41 | €174,397 | €181,848 | +€7,451 | +4.3% |
| Cash at bank and in hand | 54/58 | €5,495 | €4,646 | -€849 | -15.5% |
| Total equity and liabilities | 10/49 | €199,964 | €244,185 | +€44,220 | +22.1% |
| Equity | 10/15 | €12,090 | €26,640 | +€14,550 | +120% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,030 | €18,580 | +€14,550 | +361% |
| Amounts payable | 17/49 | €187,874 | €217,544 | +€29,670 | +15.8% |
| Amounts payable within one year | 42/48 | €184,874 | €214,344 | +€29,470 | +15.9% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €7,595 | €7,879 | +€284 | +3.7% |
| Suppliers | 440/4 | €7,595 | €7,879 | +€284 | +3.7% |
| Taxes, remuneration and social security | 45 | €561 | €425 | -€135 | -24.2% |
| Taxes | 450/3 | €561 | €425 | -€135 | -24.2% |
| Other amounts payable | 47/48 | €76,718 | €106,040 | +€29,322 | +38.2% |
| Accrued charges and deferred income | 492/3 | €3,000 | €3,200 | +€200 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,956 | €4,367 | -€589 | -11.9% |
| Other operating charges | 640/8 | €499 | €513 | +€14 | +2.8% |
| Gross operating margin | 9900 | €12,266 | €18,570 | +€6,303 | +51.4% |
| Operating profit (loss) | 9901 | €6,811 | €13,690 | +€6,879 | +101% |
| Financial income | 75/76B | €4,137 | €8,013 | +€3,876 | +93.7% |
| Recurring financial income | 75 | €4,137 | €8,013 | +€3,876 | +93.7% |
| Financial charges | 65/66B | €8,088 | €7,152 | -€936 | -11.6% |
| Recurring financial charges | 65 | €8,088 | €7,152 | -€936 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €2,860 | €14,550 | +€11,690 | +409% |
| Profit (loss) for the period | 9904 | €2,860 | €14,550 | +€11,690 | +409% |
| Profit (loss) for the period to be appropriated | 9905 | €2,860 | €14,550 | +€11,690 | +409% |
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 14 October 2026 via checked.be.