TRANSFERT BOUW: 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.
TRANSFERT BOUW
Largest movements
- Stocks and contracts -€980,288
no longer reported in 2025 (was €980,288)
- Cash +€106,026
up €106,026 (+470%), from €22,536 to €128,562
mainly Stocks and contracts (+€980,288) and Net result for the year (+€57,964)
- Advances received -€764,225
no longer reported in 2025 (was €764,225)
- Other debts -€200,000
down €200,000 (-93.6%), from €213,611 to €13,611
- Reserves +€57,964
up €57,964 (+450%), from €12,881 to €70,845
- Tax, wage and social debts +€29,586
new in 2025: €29,586
- Gross operating margin +€117,220
up €117,220 (+23,081%), from €508 to €117,728
- Financial charges +€30,058
up €30,058 (+25,115%), from €120 to €30,178
- Taxes +€29,586
new in 2025: €29,586
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 | €1,026,056 | €149,428 | -€876,628 | -85.4% |
| Current assets | 29/58 | €1,026,056 | €149,428 | -€876,628 | -85.4% |
| Stocks and contracts in progress | 3 | €980,288 | - | -€980,288 | |
| Stocks | 30/36 | €980,288 | - | -€980,288 | |
| Amounts receivable within one year | 40/41 | €23,232 | €20,866 | -€2,366 | -10.2% |
| Other amounts receivable | 41 | €23,232 | €20,866 | -€2,366 | -10.2% |
| Cash at bank and in hand | 54/58 | €22,536 | €128,562 | +€106,026 | +470% |
| Total equity and liabilities | 10/49 | €1,026,056 | €149,428 | -€876,628 | -85.4% |
| Equity | 10/15 | €47,354 | €105,318 | +€57,964 | +122% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €12,881 | €70,845 | +€57,964 | +450% |
| Distributable reserves | 133 | €12,881 | €70,845 | +€57,964 | +450% |
| Profit (loss) carried forward | 14 | €14,013 | €14,013 | = | 0.0% |
| Amounts payable | 17/49 | €978,702 | €44,110 | -€934,592 | -95.5% |
| Amounts payable within one year | 42/48 | €978,702 | €44,110 | -€934,592 | -95.5% |
| Trade debts | 44 | €866 | €913 | +€47 | +5.4% |
| Suppliers | 440/4 | €866 | €913 | +€47 | +5.4% |
| Advances received on contracts in progress | 46 | €764,225 | - | -€764,225 | |
| Taxes, remuneration and social security | 45 | - | €29,586 | +€29,586 | |
| Taxes | 450/3 | - | €29,586 | +€29,586 | |
| Other amounts payable | 47/48 | €213,611 | €13,611 | -€200,000 | -93.6% |
| Non-recurring operating income | 76A | €1,660 | - | -€1,660 | |
| Other operating charges | 640/8 | €141 | - | -€141 | |
| Gross operating margin | 9900 | €508 | €117,728 | +€117,220 | +23,081% |
| Operating profit (loss) | 9901 | €367 | €117,728 | +€117,361 | +31,947% |
| Financial income | 75/76B | €0 | €0 | -€0 | -70.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -70.0% |
| Financial charges | 65/66B | €120 | €30,178 | +€30,058 | +25,115% |
| Recurring financial charges | 65 | €120 | €30,178 | +€30,058 | +25,115% |
| Profit (loss) for the period before taxes | 9903 | €248 | €87,550 | +€87,302 | +35,205% |
| Income taxes | 67/77 | - | €29,586 | +€29,586 | |
| Profit (loss) for the period | 9904 | €248 | €57,964 | +€57,716 | +23,274% |
| Profit (loss) for the period to be appropriated | 9905 | €248 | €57,964 | +€57,716 | +23,274% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.