BUILDING PROJECT: what changed
BUILDING PROJECT
Largest movements
- Receivables within one year +€23,017
up €23,017 (+22.2%), from €103,886 to €126,903
of which Trade receivables: +€23,781
- Cash +€7,269
up €7,269 (+47.8%), from €15,215 to €22,484
mainly Other debts (+€32,007) and Advances received (+€29,528)
- Financial fixed assets +€5,200
new in 2024: €5,200
- Trade debts -€43,380
down €43,380 (-47.6%), from €91,200 to €47,820
- Other debts +€32,007
up €32,007 (+792%), from €4,040 to €36,047
- Advances received +€29,528
new in 2024: €29,528
- Profit (loss) carried forward +€12,069
up €12,069 (+89.7%), from €13,458 to €25,527
- Tax, wage and social debts +€5,643
up €5,643 (+160%), from €3,522 to €9,165
- Financial charges +€929
up €929 (+2,732%), from €34 to €963
- Gross operating margin +€851
up €851 (+4.9%), from €17,398 to €18,249
- Taxes +€463
up €463 (+13.1%), from €3,522 to €3,985
- Other operating charges +€396
up €396 (+103%), from €384 to €780
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €119,101 | €154,587 | +€35,486 | +29.8% |
| Fixed assets | 21/28 | - | €5,200 | +€5,200 | |
| Financial fixed assets | 28 | - | €5,200 | +€5,200 | |
| Current assets | 29/58 | €119,101 | €149,387 | +€30,286 | +25.4% |
| Amounts receivable within one year | 40/41 | €103,886 | €126,903 | +€23,017 | +22.2% |
| Trade receivables | 40 | €103,122 | €126,903 | +€23,781 | +23.1% |
| Other amounts receivable | 41 | €764 | - | -€764 | |
| Cash at bank and in hand | 54/58 | €15,215 | €22,484 | +€7,269 | +47.8% |
| Total equity and liabilities | 10/49 | €119,101 | €154,587 | +€35,486 | +29.8% |
| Equity | 10/15 | €19,958 | €32,027 | +€12,069 | +60.5% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Capital | 10 | €6,500 | €6,500 | = | 0.0% |
| Issued capital | 100 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,458 | €25,527 | +€12,069 | +89.7% |
| Amounts payable | 17/49 | €99,143 | €122,560 | +€23,417 | +23.6% |
| Amounts payable within one year | 42/48 | €98,762 | €122,560 | +€23,798 | +24.1% |
| Trade debts | 44 | €91,200 | €47,820 | -€43,380 | -47.6% |
| Suppliers | 440/4 | €91,200 | €47,820 | -€43,380 | -47.6% |
| Advances received on contracts in progress | 46 | - | €29,528 | +€29,528 | |
| Taxes, remuneration and social security | 45 | €3,522 | €9,165 | +€5,643 | +160% |
| Taxes | 450/3 | €3,522 | €9,165 | +€5,643 | +160% |
| Other amounts payable | 47/48 | €4,040 | €36,047 | +€32,007 | +792% |
| Accrued charges and deferred income | 492/3 | €381 | - | -€381 | |
| Non-recurring operating income | 76A | - | €134 | +€134 | |
| Other operating charges | 640/8 | €384 | €780 | +€396 | +103% |
| Non-recurring operating charges | 66A | - | €452 | +€452 | |
| Gross operating margin | 9900 | €17,398 | €18,249 | +€851 | +4.9% |
| Operating profit (loss) | 9901 | €17,014 | €17,017 | +€3 | 0.0% |
| Financial charges | 65/66B | €34 | €963 | +€929 | +2,732% |
| Recurring financial charges | 65 | €34 | €963 | +€929 | +2,732% |
| Profit (loss) for the period before taxes | 9903 | €16,980 | €16,054 | -€926 | -5.5% |
| Income taxes | 67/77 | €3,522 | €3,985 | +€463 | +13.1% |
| Profit (loss) for the period | 9904 | €13,458 | €12,069 | -€1,389 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,458 | €12,069 | -€1,389 | -10.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.