1821 BV: 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.
1821 BV
Largest movements
- Deferred charges and accrued income -€10,842
down €10,842 (-70.0%), from €15,479 to €4,638
- Receivables within one year +€4,288
up €4,288 (+34.6%), from €12,410 to €16,698
of which Trade receivables: +€3,211
- Other debts +€48,843
up €48,843 (+51,295%), from €95 to €48,938
- Reserves -€38,228
down €38,228 (-36.7%), from €104,221 to €65,993
- Debts after one year -€15,584
down €15,584 (-13.6%), from €114,418 to €98,834
- Tax, wage and social debts +€6,050
up €6,050 (+40.9%), from €14,781 to €20,831
of which Taxes: +€6,050
- Trade debts -€5,475
down €5,475 (-87.3%), from €6,269 to €793
- Taxes -€1,267
down €1,267 (-10.4%), from €12,190 to €10,923
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 | €267,969 | €259,966 | -€8,003 | -3.0% |
| Fixed assets | 21/28 | €173,475 | €172,760 | -€715 | -0.4% |
| Tangible fixed assets | 22/27 | €173,475 | €172,760 | -€715 | -0.4% |
| Land and buildings | 22 | €173,475 | €170,770 | -€2,705 | -1.6% |
| Furniture and vehicles | 24 | - | €1,991 | +€1,991 | |
| Current assets | 29/58 | €94,494 | €87,206 | -€7,288 | -7.7% |
| Amounts receivable within one year | 40/41 | €12,410 | €16,698 | +€4,288 | +34.6% |
| Trade receivables | 40 | €12,100 | €15,311 | +€3,211 | +26.5% |
| Other amounts receivable | 41 | €310 | €1,387 | +€1,077 | +348% |
| Cash at bank and in hand | 54/58 | €66,605 | €65,870 | -€735 | -1.1% |
| Deferred charges and accrued income | 490/1 | €15,479 | €4,638 | -€10,842 | -70.0% |
| Total equity and liabilities | 10/49 | €267,969 | €259,966 | -€8,003 | -3.0% |
| Equity | 10/15 | €116,621 | €78,393 | -€38,228 | -32.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €104,221 | €65,993 | -€38,228 | -36.7% |
| Distributable reserves | 133 | €104,221 | €65,993 | -€38,228 | -36.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €151,348 | €181,574 | +€30,226 | +20.0% |
| Amounts payable after more than one year | 17 | €114,418 | €98,834 | -€15,584 | -13.6% |
| Financial debts | 170/4 | €114,418 | €98,834 | -€15,584 | -13.6% |
| Amounts payable within one year | 42/48 | €32,810 | €82,397 | +€49,587 | +151% |
| Current portion of amounts payable after more than one year | 42 | €11,665 | €11,834 | +€169 | +1.4% |
| Trade debts | 44 | €6,269 | €793 | -€5,475 | -87.3% |
| Suppliers | 440/4 | €6,269 | €793 | -€5,475 | -87.3% |
| Taxes, remuneration and social security | 45 | €14,781 | €20,831 | +€6,050 | +40.9% |
| Taxes | 450/3 | €14,781 | €20,831 | +€6,050 | +40.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €95 | €48,938 | +€48,843 | +51,295% |
| Accrued charges and deferred income | 492/3 | €4,120 | €343 | -€3,777 | -91.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,100 | €5,330 | +€230 | +4.5% |
| Other operating charges | 640/8 | €1,445 | €1,456 | +€10 | +0.7% |
| Non-recurring operating charges | 66A | - | €217 | +€217 | |
| Gross operating margin | 9900 | €52,039 | €52,359 | +€319 | +0.6% |
| Operating profit (loss) | 9901 | €45,494 | €45,356 | -€138 | -0.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,436 | €2,306 | -€131 | -5.4% |
| Recurring financial charges | 65 | €2,436 | €2,306 | -€131 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €43,058 | €43,051 | -€7 | 0.0% |
| Income taxes | 67/77 | €12,190 | €10,923 | -€1,267 | -10.4% |
| Profit (loss) for the period | 9904 | €30,868 | €32,127 | +€1,260 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,868 | €32,127 | +€1,260 | +4.1% |
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 19 October 2026 via checked.be.