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 -€36,826
down €36,826 (-73.0%), from €50,477 to €13,651
mainly Contributions, distributions and other (-€139,187) and Tax, wage and social debts (-€11,075)
- Receivables within one year -€17,866
down €17,866 (-35.7%), from €49,990 to €32,124
- Reserves -€96,504
no longer reported in 2025 (was €96,504)
- Other debts +€53,390
up €53,390 (+2723961.2%), from €2 to €53,392
- Tax, wage and social debts -€11,075
down €11,075 (-50.9%), from €21,763 to €10,689
- Gross operating margin +€7,527
up €7,527 (+14.2%), from €52,954 to €60,481
- Financial charges +€1,539
up €1,539 (+223.2%), from €689 to €2,228
- Taxes +€1,438
up €1,438 (+13.2%), from €10,913 to €12,351
- Depreciation +€845
up €845 (+47.7%), from €1,772 to €2,617
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.
Cash bridge derived
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 | €120,343 | €66,010 | -€54,333 | -45.1% |
| Fixed assets | 21/28 | €17,395 | €17,876 | +€480 | +2.8% |
| Tangible fixed assets | 22/27 | €16,895 | €17,876 | +€980 | +5.8% |
| Furniture and vehicles | 24 | €1,705 | €1,008 | -€697 | -40.9% |
| Other tangible fixed assets | 26 | €15,190 | €16,867 | +€1,677 | +11.0% |
| Financial fixed assets | 28 | €500 | - | -€500 | |
| Current assets | 29/58 | €102,947 | €48,134 | -€54,813 | -53.2% |
| Amounts receivable within one year | 40/41 | €49,990 | €32,124 | -€17,866 | -35.7% |
| Trade receivables | 40 | €49,990 | €32,124 | -€17,866 | -35.7% |
| Cash at bank and in hand | 54/58 | €50,477 | €13,651 | -€36,826 | -73.0% |
| Deferred charges and accrued income | 490/1 | €2,480 | €2,358 | -€122 | -4.9% |
| Total equity and liabilities | 10/49 | €120,343 | €66,010 | -€54,333 | -45.1% |
| Equity | 10/15 | €97,004 | €500 | -€96,504 | -99.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €96,504 | - | -€96,504 | |
| Distributable reserves | 133 | €96,504 | - | -€96,504 | |
| Amounts payable | 17/49 | €23,338 | €65,510 | +€42,171 | +180.7% |
| Amounts payable within one year | 42/48 | €23,338 | €65,510 | +€42,171 | +180.7% |
| Trade debts | 44 | €1,573 | €1,429 | -€144 | -9.1% |
| Suppliers | 440/4 | €1,573 | €1,429 | -€144 | -9.1% |
| Taxes, remuneration and social security | 45 | €21,763 | €10,689 | -€11,075 | -50.9% |
| Taxes | 450/3 | €21,763 | €10,689 | -€11,075 | -50.9% |
| Other amounts payable | 47/48 | €2 | €53,392 | +€53,390 | +2723961.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,772 | €2,617 | +€845 | +47.7% |
| Other operating charges | 640/8 | €957 | €602 | -€356 | -37.2% |
| Non-recurring operating charges | 66A | €492 | - | -€492 | |
| Gross operating margin | 9900 | €52,954 | €60,481 | +€7,527 | +14.2% |
| Operating profit (loss) | 9901 | €49,733 | €57,262 | +€7,530 | +15.1% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.6% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.6% |
| Financial charges | 65/66B | €689 | €2,228 | +€1,539 | +223.2% |
| Recurring financial charges | 65 | €689 | €2,228 | +€1,539 | +223.2% |
| Profit (loss) for the period before taxes | 9903 | €49,048 | €55,034 | +€5,986 | +12.2% |
| Income taxes | 67/77 | €10,913 | €12,351 | +€1,438 | +13.2% |
| Profit (loss) for the period | 9904 | €38,135 | €42,683 | +€4,547 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €38,135 | €42,683 | +€4,547 | +11.9% |
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 11 October 2026 via checked.be.