BUILDING: 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.
What changed
BUILDING
NACE 64.922, Financial service activities, except insurance and pension funding
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€155,816
2024 · €185,318-€29,502
Equity
€7.1m
2024 · €7.0m+€80,523
Cash
€2.9m
2024 · €2.5m+€438,662
Balance sheet total
€77.5m
2024 · €76.6m+€936,373
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Other operating income -€31,278
down €31,278 (-13.2%), from €236,848 to €205,570
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.
Result 2024
€185,318
Turnover
+€7,649
Other operating income
-€31,278
Goods and materials
-€4,057
Services and other goods
-€5,284
Staff costs
+€8,890
Depreciation
+€2
Write-downs
+€4,595
Other operating charges
-€1,093
Other operating items
+€320
Financial income
+€1,601
Financial charges
-€583
Taxes
-€10,264
Result 2025
€155,816
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€109,685
Investment
-€27,730
Financing
+€576,077
Cash 2024
€2.5m
From operations (derived)
-€109,685
Net result for the year
+€155,816
Depreciation
+€9,647
Receivables after one year
-€392,040
Receivables within one year
-€88,895
Smaller working-capital items
+€1,667
Tax, wage and social debts
-€13,012
Other debts
+€228,169
Accrued charges and deferred income
-€11,037
Investment (derived)
-€27,730
Investment in fixed assets (net)
-€27,730
Financing
+€576,077
Debts after one year
+€552,279
Current portion of long-term debt
+€99,091
Contributions, distributions and other
-€75,293
Cash 2025
€2.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,560,131 | €77,496,504 | +€936,373 | +1.2% |
| Fixed assets | 21/28 | €79,725 | €97,808 | +€18,083 | +22.7% |
| Tangible fixed assets | 22/27 | €78,967 | €97,808 | +€18,841 | +23.9% |
| Land and buildings | 22 | €43,760 | €37,928 | -€5,832 | -13.3% |
| Furniture and vehicles | 24 | €3,107 | €5,513 | +€2,406 | +77.4% |
| Assets under construction and advance payments | 27 | €32,100 | €54,367 | +€22,267 | +69.4% |
| Financial fixed assets | 28 | €758 | €0 | -€758 | -100% |
| Other financial fixed assets | 284/8 | €758 | €0 | -€758 | -100% |
| Amounts receivable and cash guarantees | 285/8 | €758 | €0 | -€758 | -100% |
| Current assets | 29/58 | €76,480,406 | €77,398,696 | +€918,290 | +1.2% |
| Amounts receivable after more than one year | 29 | €70,242,380 | €70,634,420 | +€392,040 | +0.6% |
| Trade receivables | 290 | €70,242,380 | €70,634,420 | +€392,040 | +0.6% |
| Amounts receivable within one year | 40/41 | €3,704,979 | €3,793,874 | +€88,895 | +2.4% |
| Trade receivables | 40 | €3,652,790 | €3,759,590 | +€106,800 | +2.9% |
| Other amounts receivable | 41 | €52,189 | €34,284 | -€17,905 | -34.3% |
| Cash at bank and in hand | 54/58 | €2,508,261 | €2,946,923 | +€438,662 | +17.5% |
| Deferred charges and accrued income | 490/1 | €24,786 | €23,479 | -€1,307 | -5.3% |
| Total equity and liabilities | 10/49 | €76,560,131 | €77,496,504 | +€936,373 | +1.2% |
| Equity | 10/15 | €6,997,610 | €7,078,133 | +€80,523 | +1.2% |
| Contributions | 10/11 | €1,199,897 | €1,199,897 | = | 0.0% |
| Capital | 10 | €1,054,107 | €1,054,107 | = | 0.0% |
| Issued capital | 100 | €1,150,480 | €1,150,480 | = | 0.0% |
| Uncalled capital | 101 | €96,373 | €96,373 | = | 0.0% |
| Contributions outside capital | 11 | €145,790 | €145,790 | = | 0.0% |
| Share premium | 1100/10 | €145,790 | €145,790 | = | 0.0% |
| Revaluation surpluses | 12 | €18,592 | €16,361 | -€2,231 | -12.0% |
| Reserves | 13 | €5,779,121 | €5,861,875 | +€82,754 | +1.4% |
| Non-distributable reserves | 130/1 | €360,273 | €360,273 | = | 0.0% |
| Legal reserve | 130 | €144,484 | €144,484 | = | 0.0% |
| Other | 1319 | €215,789 | €215,789 | = | 0.0% |
| Tax-exempt reserves | 132 | €308,274 | €308,274 | = | 0.0% |
| Distributable reserves | 133 | €5,110,574 | €5,193,328 | +€82,754 | +1.6% |
| Amounts payable | 17/49 | €69,562,521 | €70,418,371 | +€855,850 | +1.2% |
| Amounts payable after more than one year | 17 | €65,575,791 | €66,128,070 | +€552,279 | +0.8% |
| Financial debts | 170/4 | €65,463,717 | €66,015,996 | +€552,279 | +0.8% |
| Credit institutions | 173 | €65,463,717 | €66,015,996 | +€552,279 | +0.8% |
| Other amounts payable | 178/9 | €112,074 | €112,074 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,947,488 | €4,262,096 | +€314,608 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €3,098,243 | €3,197,334 | +€99,091 | +3.2% |
| Trade debts | 44 | €13,468 | €13,828 | +€360 | +2.7% |
| Suppliers | 440/4 | €13,468 | €13,828 | +€360 | +2.7% |
| Taxes, remuneration and social security | 45 | €70,430 | €57,418 | -€13,012 | -18.5% |
| Taxes | 450/3 | €19,658 | €26,050 | +€6,392 | +32.5% |
| Remuneration and social security | 454/9 | €50,772 | €31,368 | -€19,404 | -38.2% |
| Other amounts payable | 47/48 | €765,347 | €993,516 | +€228,169 | +29.8% |
| Accrued charges and deferred income | 492/3 | €39,242 | €28,205 | -€11,037 | -28.1% |
| Operating income | 70/76A | €1,888,964 | €1,865,655 | -€23,309 | -1.2% |
| Turnover | 70 | €1,652,116 | €1,659,765 | +€7,649 | +0.5% |
| Other operating income | 74 | €236,848 | €205,570 | -€31,278 | -13.2% |
| Non-recurring operating income | 76A | - | €320 | +€320 | |
| Operating charges | 60/66A | €1,689,598 | €1,686,545 | -€3,053 | -0.2% |
| Goods for resale, raw materials and consumables | 60 | €1,242,641 | €1,246,698 | +€4,057 | +0.3% |
| Purchases | 600/8 | €1,242,641 | €1,246,698 | +€4,057 | +0.3% |
| Services and other goods | 61 | €137,392 | €142,676 | +€5,284 | +3.8% |
| Remuneration, social security and pensions | 62 | €288,389 | €279,499 | -€8,890 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,649 | €9,647 | -€2 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,442 | €2,847 | -€4,595 | -61.7% |
| Other operating charges | 640/8 | €4,085 | €5,178 | +€1,093 | +26.8% |
| Operating profit (loss) | 9901 | €199,366 | €179,110 | -€20,256 | -10.2% |
| Financial income | 75/76B | €3,348 | €4,949 | +€1,601 | +47.8% |
| Recurring financial income | 75 | €3,348 | €4,949 | +€1,601 | +47.8% |
| Income from current assets | 751 | €3,348 | €4,949 | +€1,601 | +47.8% |
| Financial charges | 65/66B | €1,637 | €2,220 | +€583 | +35.6% |
| Recurring financial charges | 65 | €1,637 | €2,220 | +€583 | +35.6% |
| Debt charges | 650 | €1,637 | €2,220 | +€583 | +35.6% |
| Profit (loss) for the period before taxes | 9903 | €201,077 | €181,839 | -€19,238 | -9.6% |
| Income taxes | 67/77 | €15,759 | €26,023 | +€10,264 | +65.1% |
| Taxes | 670/3 | €15,759 | €26,023 | +€10,264 | +65.1% |
| Profit (loss) for the period | 9904 | €185,318 | €155,816 | -€29,502 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €185,318 | €155,816 | -€29,502 | -15.9% |
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 26 October 2026 via checked.be.