BUILDERBERG: 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.
BUILDERBERG
Largest movements
- Receivables within one year +€166,528
up €166,528 (+252%), from €66,160 to €232,688
of which Trade receivables: +€156,591
- Intangible fixed assets +€13,591
new in 2025: €13,591
- Cash +€11,249
up €11,249 (+5,105%), from €220 to €11,469
- Tangible fixed assets -€2,946
down €2,946 (-38.9%), from €7,579 to €4,633
of which Plant, machinery and equipment: -€1,674
- Short-term financial debts +€71,929
new in 2025: €71,929
- Trade debts +€63,441
up €63,441 (+229%), from €27,745 to €91,186
- Other debts +€58,786
up €58,786 (+878%), from €6,692 to €65,478
- Tax, wage and social debts -€5,031
down €5,031 (-82.2%), from €6,121 to €1,089
of which Taxes: -€4,142
- Gross operating margin -€57,196
down €57,196 (-84.9%), from €67,340 to €10,143
- Staff costs -€21,251
no longer reported in 2025 (was €21,251)
- Depreciation +€2,703
up €2,703 (+141%), from €1,922 to €4,624
- Financial charges +€2,354
up €2,354 (+364%), from €646 to €3,000
- Financial income +€1,076
up €1,076 (+6,846%), from €16 to €1,091
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,181 | €264,314 | +€189,132 | +252% |
| Fixed assets | 21/28 | €7,579 | €18,224 | +€10,646 | +140% |
| Intangible fixed assets | 21 | - | €13,591 | +€13,591 | |
| Tangible fixed assets | 22/27 | €7,579 | €4,633 | -€2,946 | -38.9% |
| Plant, machinery and equipment | 23 | €2,215 | €541 | -€1,674 | -75.6% |
| Furniture and vehicles | 24 | €4,034 | €3,074 | -€960 | -23.8% |
| Other tangible fixed assets | 26 | €1,329 | €1,018 | -€311 | -23.4% |
| Current assets | 29/58 | €67,603 | €246,089 | +€178,486 | +264% |
| Amounts receivable within one year | 40/41 | €66,160 | €232,688 | +€166,528 | +252% |
| Trade receivables | 40 | €65,869 | €222,460 | +€156,591 | +238% |
| Other amounts receivable | 41 | €291 | €10,228 | +€9,938 | +3,419% |
| Cash at bank and in hand | 54/58 | €220 | €11,469 | +€11,249 | +5,105% |
| Deferred charges and accrued income | 490/1 | €1,222 | €1,932 | +€709 | +58.0% |
| Total equity and liabilities | 10/49 | €75,181 | €264,314 | +€189,132 | +252% |
| Equity | 10/15 | €34,624 | €34,631 | +€7 | 0.0% |
| Contributions | 10/11 | €33,000 | €33,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,624 | €1,631 | +€7 | +0.4% |
| Amounts payable | 17/49 | €40,557 | €229,683 | +€189,125 | +466% |
| Amounts payable within one year | 42/48 | €40,557 | €229,683 | +€189,125 | +466% |
| Financial debts | 43 | - | €71,929 | +€71,929 | |
| Credit institutions | 430/8 | - | €71,929 | +€71,929 | |
| Trade debts | 44 | €27,745 | €91,186 | +€63,441 | +229% |
| Suppliers | 440/4 | €27,745 | €91,186 | +€63,441 | +229% |
| Taxes, remuneration and social security | 45 | €6,121 | €1,089 | -€5,031 | -82.2% |
| Taxes | 450/3 | €5,232 | €1,089 | -€4,142 | -79.2% |
| Remuneration and social security | 454/9 | €889 | - | -€889 | |
| Other amounts payable | 47/48 | €6,692 | €65,478 | +€58,786 | +878% |
| Remuneration, social security and pensions | 62 | €21,251 | - | -€21,251 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,922 | €4,624 | +€2,703 | +141% |
| Other operating charges | 640/8 | €1,850 | €2,513 | +€663 | +35.8% |
| Gross operating margin | 9900 | €67,340 | €10,143 | -€57,196 | -84.9% |
| Operating profit (loss) | 9901 | €42,317 | €3,006 | -€39,311 | -92.9% |
| Financial income | 75/76B | €16 | €1,091 | +€1,076 | +6,846% |
| Recurring financial income | 75 | €16 | €1,091 | +€1,076 | +6,846% |
| Financial charges | 65/66B | €646 | €3,000 | +€2,354 | +364% |
| Recurring financial charges | 65 | €646 | €3,000 | +€2,354 | +364% |
| Profit (loss) for the period before taxes | 9903 | €41,687 | €1,098 | -€40,589 | -97.4% |
| Income taxes | 67/77 | €1,286 | €1,091 | -€195 | -15.2% |
| Profit (loss) for the period | 9904 | €40,401 | €7 | -€40,394 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,401 | €7 | -€40,394 | -100.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.