B.A.: 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.
B.A.
Largest movements
- Cash -€135,551
down €135,551 (-53.6%), from €252,837 to €117,286
mainly Contributions, distributions and other (-€217,647) and Trade debts (-€8,739)
- Deferred charges and accrued income +€8,201
new in 2025: €8,201
- Profit (loss) carried forward -€127,531
down €127,531 (-54.2%), from €235,410 to €107,880
- Trade debts -€8,739
down €8,739 (-47.0%), from €18,610 to €9,871
- Tax, wage and social debts +€6,601
up €6,601 (+258%), from €2,561 to €9,162
- Gross operating margin -€7,032
down €7,032 (-5.7%), from €122,686 to €115,653
- Taxes -€1,735
down €1,735 (-6.7%), from €25,857 to €24,122
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 | €259,909 | €130,052 | -€129,857 | -50.0% |
| Fixed assets | 21/28 | €6,202 | €3,787 | -€2,415 | -38.9% |
| Tangible fixed assets | 22/27 | €6,202 | €3,787 | -€2,415 | -38.9% |
| Land and buildings | 22 | €2,665 | €1,166 | -€1,498 | -56.2% |
| Plant, machinery and equipment | 23 | €1,871 | €1,547 | -€323 | -17.3% |
| Furniture and vehicles | 24 | €1,667 | €1,074 | -€593 | -35.6% |
| Current assets | 29/58 | €253,707 | €126,265 | -€127,443 | -50.2% |
| Amounts receivable within one year | 40/41 | €870 | €778 | -€93 | -10.7% |
| Trade receivables | 40 | €870 | €778 | -€93 | -10.7% |
| Cash at bank and in hand | 54/58 | €252,837 | €117,286 | -€135,551 | -53.6% |
| Deferred charges and accrued income | 490/1 | - | €8,201 | +€8,201 | |
| Total equity and liabilities | 10/49 | €259,909 | €130,052 | -€129,857 | -50.0% |
| Equity | 10/15 | €238,410 | €110,880 | -€127,531 | -53.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €235,410 | €107,880 | -€127,531 | -54.2% |
| Amounts payable | 17/49 | €21,499 | €19,172 | -€2,327 | -10.8% |
| Amounts payable within one year | 42/48 | €21,499 | €19,172 | -€2,327 | -10.8% |
| Trade debts | 44 | €18,610 | €9,871 | -€8,739 | -47.0% |
| Suppliers | 440/4 | €18,610 | €9,871 | -€8,739 | -47.0% |
| Taxes, remuneration and social security | 45 | €2,561 | €9,162 | +€6,601 | +258% |
| Taxes | 450/3 | €2,561 | €9,162 | +€6,601 | +258% |
| Other amounts payable | 47/48 | €327 | €139 | -€188 | -57.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,415 | €2,415 | = | 0.0% |
| Other operating charges | 640/8 | €1,034 | €120 | -€914 | -88.4% |
| Gross operating margin | 9900 | €122,686 | €115,653 | -€7,032 | -5.7% |
| Operating profit (loss) | 9901 | €119,237 | €113,119 | -€6,118 | -5.1% |
| Financial income | 75/76B | €1,070 | €1,423 | +€353 | +33.0% |
| Recurring financial income | 75 | €1,070 | €1,423 | +€353 | +33.0% |
| Financial charges | 65/66B | €1,272 | €303 | -€969 | -76.2% |
| Recurring financial charges | 65 | €1,272 | €303 | -€969 | -76.2% |
| Profit (loss) for the period before taxes | 9903 | €119,036 | €114,239 | -€4,797 | -4.0% |
| Income taxes | 67/77 | €25,857 | €24,122 | -€1,735 | -6.7% |
| Profit (loss) for the period | 9904 | €93,179 | €90,116 | -€3,062 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €93,179 | €90,116 | -€3,062 | -3.3% |
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 17 October 2026 via checked.be.