REBUILD PROJECTS: 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.
REBUILD PROJECTS
Largest movements
- Receivables within one year +€306,783
up €306,783 (+202%), from €152,018 to €458,801
of which Trade receivables: +€306,286
- Stocks and contracts +€244,024
new in 2025: €244,024
- Current investments -€57,000
down €57,000 (-64.7%), from €88,080 to €31,080
- Short-term financial debts +€268,655
new in 2025: €268,655
- Other debts +€184,092
up €184,092 (+126%), from €145,640 to €329,733
- Trade debts +€75,404
up €75,404 (+225%), from €33,514 to €108,918
- Profit (loss) carried forward -€39,962
new in 2025: -€39,962
- Gross operating margin -€37,677
down €37,677, from €2,058 to -€35,618
- Financial charges +€4,692
up €4,692 (+93.9%), from €4,998 to €9,690
- Taxes -€753
down €753 (-100%), from €753 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 | €270,313 | €764,641 | +€494,328 | +183% |
| Current assets | 29/58 | €270,313 | €764,641 | +€494,328 | +183% |
| Stocks and contracts in progress | 3 | - | €244,024 | +€244,024 | |
| Stocks | 30/36 | - | €244,024 | +€244,024 | |
| Amounts receivable within one year | 40/41 | €152,018 | €458,801 | +€306,783 | +202% |
| Trade receivables | 40 | €26,663 | €332,949 | +€306,286 | +1,149% |
| Other amounts receivable | 41 | €125,355 | €125,853 | +€498 | +0.4% |
| Current investments | 50/53 | €88,080 | €31,080 | -€57,000 | -64.7% |
| Cash at bank and in hand | 54/58 | €25,719 | €23,321 | -€2,398 | -9.3% |
| Deferred charges and accrued income | 490/1 | €4,496 | €7,415 | +€2,919 | +64.9% |
| Total equity and liabilities | 10/49 | €270,313 | €764,641 | +€494,328 | +183% |
| Equity | 10/15 | €87,807 | €47,845 | -€39,962 | -45.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €69,207 | €69,207 | = | 0.0% |
| Distributable reserves | 133 | €69,207 | €69,207 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€39,962 | -€39,962 | |
| Amounts payable | 17/49 | €182,506 | €716,796 | +€534,290 | +293% |
| Amounts payable within one year | 42/48 | €179,408 | €712,195 | +€532,787 | +297% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | - | €268,655 | +€268,655 | |
| Credit institutions | 430/8 | - | €268,655 | +€268,655 | |
| Trade debts | 44 | €33,514 | €108,918 | +€75,404 | +225% |
| Suppliers | 440/4 | €33,514 | €108,918 | +€75,404 | +225% |
| Taxes, remuneration and social security | 45 | €253 | €4,889 | +€4,636 | +1,832% |
| Taxes | 450/3 | €253 | €4,889 | +€4,636 | +1,832% |
| Other amounts payable | 47/48 | €145,640 | €329,733 | +€184,092 | +126% |
| Accrued charges and deferred income | 492/3 | €3,099 | €4,602 | +€1,503 | +48.5% |
| Other operating charges | 640/8 | €275 | €468 | +€193 | +70.1% |
| Gross operating margin | 9900 | €2,058 | -€35,618 | -€37,677 | |
| Operating profit (loss) | 9901 | €1,783 | -€36,086 | -€37,869 | |
| Financial income | 75/76B | €6,161 | €5,814 | -€347 | -5.6% |
| Recurring financial income | 75 | €6,161 | €5,814 | -€347 | -5.6% |
| Financial charges | 65/66B | €4,998 | €9,690 | +€4,692 | +93.9% |
| Recurring financial charges | 65 | €4,998 | €9,690 | +€4,692 | +93.9% |
| Profit (loss) for the period before taxes | 9903 | €2,947 | -€39,962 | -€42,909 | |
| Income taxes | 67/77 | €753 | €0 | -€753 | -100% |
| Profit (loss) for the period | 9904 | €2,194 | -€39,962 | -€42,156 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,194 | -€39,962 | -€42,156 |
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 15 October 2026 via checked.be.