e-brique: what changed
What changed
e-brique
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
€87,579
2024 · €133,736-€46,157
Equity
€507,188
2024 · €419,609+€87,579
Cash
€179,676
2024 · €178,255+€1,422
Balance sheet total
€978,630
2024 · €1.2m-€238,732
Largest movements
Assets
- Stocks and contracts -€363,000
down €363,000 (-56.3%), from €644,301 to €281,301
- Tangible fixed assets +€100,333
up €100,333 (+32.3%), from €310,680 to €411,013
- Receivables within one year +€19,669
up €19,669 (+195%), from €10,113 to €29,782
of which Other amounts receivable: +€19,669
Equity and liabilities
- Other debts -€314,441
down €314,441 (-40.5%), from €775,594 to €461,153
- Reserves +€87,579
up €87,579 (+21.8%), from €401,059 to €488,638
Income statement
- Depreciation +€114,667
new in 2025: €114,667
- Gross operating margin +€25,417
up €25,417 (+11.5%), from €221,433 to €246,850
- Other operating charges -€17,953
down €17,953 (-80.7%), from €22,234 to €4,282
- Taxes -€15,932
down €15,932 (-40.8%), from €39,083 to €23,151
- Financial income +€6,970
up €6,970 (+1,136%), from €614 to €7,583
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€133,736
Gross operating margin
+€25,417
Depreciation
-€114,667
Other operating charges
+€17,953
Financial income
+€6,970
Financial charges
+€2,238
Taxes
+€15,932
Result 2025
€87,579
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€219,265
Investment
-€217,843
Financing
€0
Cash 2024
€178,255
From operations (derived)
+€219,265
Net result for the year
+€87,579
Depreciation
+€114,667
Stocks and contracts
+€363,000
Receivables within one year
-€19,669
Trade debts
-€292
Tax, wage and social debts
-€11,578
Other debts
-€314,441
Investment (derived)
-€217,843
Investment in fixed assets (net)
-€215,000
Current investments
-€2,843
Cash 2025
€179,676
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,217,362 | €978,630 | -€238,732 | -19.6% |
| Fixed assets | 21/28 | €310,930 | €411,263 | +€100,333 | +32.3% |
| Tangible fixed assets | 22/27 | €310,680 | €411,013 | +€100,333 | +32.3% |
| Other tangible fixed assets | 26 | €310,680 | €411,013 | +€100,333 | +32.3% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €906,432 | €567,367 | -€339,066 | -37.4% |
| Stocks and contracts in progress | 3 | €644,301 | €281,301 | -€363,000 | -56.3% |
| Stocks | 30/36 | €644,301 | €281,301 | -€363,000 | -56.3% |
| Amounts receivable within one year | 40/41 | €10,113 | €29,782 | +€19,669 | +195% |
| Trade receivables | 40 | €625 | €625 | = | 0.0% |
| Other amounts receivable | 41 | €9,488 | €29,157 | +€19,669 | +207% |
| Current investments | 50/53 | €73,764 | €76,607 | +€2,843 | +3.9% |
| Cash at bank and in hand | 54/58 | €178,255 | €179,676 | +€1,422 | +0.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,217,362 | €978,630 | -€238,732 | -19.6% |
| Equity | 10/15 | €419,609 | €507,188 | +€87,579 | +20.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €401,059 | €488,638 | +€87,579 | +21.8% |
| Distributable reserves | 133 | €401,059 | €488,638 | +€87,579 | +21.8% |
| Amounts payable | 17/49 | €797,753 | €471,443 | -€326,311 | -40.9% |
| Amounts payable within one year | 42/48 | €797,753 | €471,443 | -€326,311 | -40.9% |
| Trade debts | 44 | €292 | €0 | -€292 | -100% |
| Suppliers | 440/4 | €292 | €0 | -€292 | -100% |
| Taxes, remuneration and social security | 45 | €21,867 | €10,290 | -€11,578 | -52.9% |
| Taxes | 450/3 | €21,867 | €10,290 | -€11,578 | -52.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €775,594 | €461,153 | -€314,441 | -40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €114,667 | +€114,667 | |
| Other operating charges | 640/8 | €22,234 | €4,282 | -€17,953 | -80.7% |
| Gross operating margin | 9900 | €221,433 | €246,850 | +€25,417 | +11.5% |
| Operating profit (loss) | 9901 | €199,198 | €127,902 | -€71,297 | -35.8% |
| Financial income | 75/76B | €614 | €7,583 | +€6,970 | +1,136% |
| Recurring financial income | 75 | €614 | €7,583 | +€6,970 | +1,136% |
| Financial charges | 65/66B | €26,993 | €24,755 | -€2,238 | -8.3% |
| Recurring financial charges | 65 | €26,993 | €24,755 | -€2,238 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €172,819 | €110,730 | -€62,089 | -35.9% |
| Income taxes | 67/77 | €39,083 | €23,151 | -€15,932 | -40.8% |
| Profit (loss) for the period | 9904 | €133,736 | €87,579 | -€46,157 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €133,736 | €87,579 | -€46,157 | -34.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.