TEAM BW CONSTRUCT: what changed
Two fiscal 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.
TEAM BW CONSTRUCT
Largest movements
- Receivables within one year -€21,966
down €21,966 (-19.8%), from €110,856 to €88,890
- Tangible fixed assets -€6,727
down €6,727 (-42.4%), from €15,871 to €9,144
of which Leasing and similar rights: -€4,930
- Profit (loss) carried forward -€10,538
down €10,538 (-181.5%), from -€5,807 to -€16,346
- Trade debts -€7,392
down €7,392 (-10.0%), from €74,120 to €66,728
- Tax, wage and social debts -€5,502
down €5,502 (-14.3%), from €38,393 to €32,891
of which Remuneration and social security: -€5,784
- Debts after one year -€5,445
down €5,445 (-66.1%), from €8,243 to €2,798
- Gross operating margin +€22,867
up €22,867 (+58.2%), from €39,314 to €62,181
- Staff costs +€12,220
up €12,220 (+23.7%), from €51,655 to €63,876
- Other operating charges +€1,213
up €1,213 (+151.5%), from €801 to €2,013
- Financial charges -€781
down €781 (-88.2%), from €885 to €104
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.
Cash bridge derived
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 | €127,557 | €98,273 | -€29,285 | -23.0% |
| Fixed assets | 21/28 | €15,871 | €9,144 | -€6,727 | -42.4% |
| Tangible fixed assets | 22/27 | €15,871 | €9,144 | -€6,727 | -42.4% |
| Plant, machinery and equipment | 23 | €1,313 | €838 | -€475 | -36.2% |
| Furniture and vehicles | 24 | €5,109 | €3,787 | -€1,322 | -25.9% |
| Leasing and similar rights | 25 | €9,450 | €4,519 | -€4,930 | -52.2% |
| Current assets | 29/58 | €111,686 | €89,128 | -€22,558 | -20.2% |
| Amounts receivable within one year | 40/41 | €110,856 | €88,890 | -€21,966 | -19.8% |
| Trade receivables | 40 | €110,856 | €88,890 | -€21,966 | -19.8% |
| Cash at bank and in hand | 54/58 | €830 | €238 | -€592 | -71.3% |
| Total equity and liabilities | 10/49 | €127,557 | €98,273 | -€29,285 | -23.0% |
| Equity | 10/15 | -€307 | -€10,846 | -€10,538 | -3430.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €500 | +€500 | |
| Reserves not available under the articles | 1311 | - | €500 | +€500 | |
| Distributable reserves | 133 | €500 | - | -€500 | |
| Profit (loss) carried forward | 14 | -€5,807 | -€16,346 | -€10,538 | -181.5% |
| Amounts payable | 17/49 | €127,864 | €109,118 | -€18,746 | -14.7% |
| Amounts payable after more than one year | 17 | €8,243 | €2,798 | -€5,445 | -66.1% |
| Financial debts | 170/4 | €8,243 | €2,798 | -€5,445 | -66.1% |
| Amounts payable within one year | 42/48 | €119,621 | €106,320 | -€13,302 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €5,463 | €5,205 | -€258 | -4.7% |
| Trade debts | 44 | €74,120 | €66,728 | -€7,392 | -10.0% |
| Suppliers | 440/4 | €74,120 | €66,728 | -€7,392 | -10.0% |
| Taxes, remuneration and social security | 45 | €38,393 | €32,891 | -€5,502 | -14.3% |
| Taxes | 450/3 | €932 | €1,214 | +€282 | +30.2% |
| Remuneration and social security | 454/9 | €37,461 | €31,677 | -€5,784 | -15.4% |
| Other amounts payable | 47/48 | €1,646 | €1,496 | -€150 | -9.1% |
| Remuneration, social security and pensions | 62 | €51,655 | €63,876 | +€12,220 | +23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,727 | €6,727 | = | 0.0% |
| Other operating charges | 640/8 | €801 | €2,013 | +€1,213 | +151.5% |
| Gross operating margin | 9900 | €39,314 | €62,181 | +€22,867 | +58.2% |
| Operating profit (loss) | 9901 | -€19,868 | -€10,434 | +€9,434 | +47.5% |
| Financial charges | 65/66B | €885 | €104 | -€781 | -88.2% |
| Recurring financial charges | 65 | €885 | €104 | -€781 | -88.2% |
| Profit (loss) for the period before taxes | 9903 | -€20,753 | -€10,538 | +€10,215 | +49.2% |
| Profit (loss) for the period | 9904 | -€20,753 | -€10,538 | +€10,215 | +49.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,753 | -€10,538 | +€10,215 | +49.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.