UNBUILT LAND: 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.
UNBUILT LAND
Largest movements
- Receivables within one year +€6,488
new in 2025: €6,488
- Current portion of long-term debt +€138,078
up €138,078 (+40.5%), from €341,279 to €479,358
- Other debts -€115,370
down €115,370 (-100%), from €115,370 to €0
- Profit (loss) carried forward -€16,794
down €16,794 (-32.6%), from -€51,482 to -€68,276
- Financial charges -€2,533
down €2,533 (-13.9%), from €18,197 to €15,664
- Gross operating margin +€1,015
up €1,015 (+63.1%), from -€1,607 to -€592
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 | €423,779 | €427,246 | +€3,468 | +0.8% |
| Current assets | 29/58 | €423,779 | €427,246 | +€3,468 | +0.8% |
| Stocks and contracts in progress | 3 | €419,403 | €419,403 | = | 0.0% |
| Stocks | 30/36 | €419,403 | €419,403 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €6,488 | +€6,488 | |
| Other amounts receivable | 41 | - | €6,488 | +€6,488 | |
| Cash at bank and in hand | 54/58 | €4,376 | €1,356 | -€3,020 | -69.0% |
| Total equity and liabilities | 10/49 | €423,779 | €427,246 | +€3,468 | +0.8% |
| Equity | 10/15 | -€36,482 | -€53,276 | -€16,794 | -46.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,482 | -€68,276 | -€16,794 | -32.6% |
| Amounts payable | 17/49 | €460,261 | €480,522 | +€20,262 | +4.4% |
| Amounts payable within one year | 42/48 | €457,176 | €479,884 | +€22,708 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €341,279 | €479,358 | +€138,078 | +40.5% |
| Trade debts | 44 | €526 | €526 | = | 0.0% |
| Suppliers | 440/4 | €526 | €526 | = | 0.0% |
| Other amounts payable | 47/48 | €115,370 | €0 | -€115,370 | -100% |
| Accrued charges and deferred income | 492/3 | €3,085 | €638 | -€2,447 | -79.3% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | -€1,607 | -€592 | +€1,015 | +63.1% |
| Operating profit (loss) | 9901 | -€2,134 | -€1,136 | +€999 | +46.8% |
| Financial income | 75/76B | €0 | €6 | +€6 | |
| Recurring financial income | 75 | €0 | €6 | +€6 | |
| Financial charges | 65/66B | €18,197 | €15,664 | -€2,533 | -13.9% |
| Recurring financial charges | 65 | €18,197 | €15,664 | -€2,533 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | -€20,331 | -€16,794 | +€3,537 | +17.4% |
| Profit (loss) for the period | 9904 | -€20,331 | -€16,794 | +€3,537 | +17.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,331 | -€16,794 | +€3,537 | +17.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.