B & A CAR: what changed
Two fiscal 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 CAR
Largest movements
- Stocks and contracts +€206,250
new in 2025: €206,250
- Receivables within one year -€149,086
down €149,086 (-76.5%), from €194,826 to €45,740
of which Other amounts receivable: -€130,966
- Cash +€29,794
up €29,794 (+39.2%), from €76,020 to €105,814
mainly Receivables within one year (+€149,086) and Tax, wage and social debts (+€72,747)
- Tax, wage and social debts +€72,747
up €72,747 (+291.0%), from €25,000 to €97,747
- Profit (loss) carried forward +€59,202
up €59,202 (+59.6%), from €99,295 to €158,497
- Short-term financial debts -€50,000
no longer reported in 2025 (was €50,000)
- Gross operating margin -€44,807
down €44,807 (-21.4%), from €209,431 to €164,624
- Taxes +€12,261
up €12,261 (+22.6%), from €54,256 to €66,517
- Other operating charges +€9,410
up €9,410 (+43.2%), from €21,778 to €31,188
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 | €279,295 | €363,696 | +€84,401 | +30.2% |
| Fixed assets | 21/28 | €8,449 | €5,892 | -€2,557 | -30.3% |
| Tangible fixed assets | 22/27 | €7,195 | €4,638 | -€2,557 | -35.5% |
| Land and buildings | 22 | €4,000 | €3,000 | -€1,000 | -25.0% |
| Furniture and vehicles | 24 | €3,195 | €1,638 | -€1,557 | -48.7% |
| Financial fixed assets | 28 | €1,254 | €1,254 | = | 0.0% |
| Current assets | 29/58 | €270,846 | €357,804 | +€86,958 | +32.1% |
| Stocks and contracts in progress | 3 | - | €206,250 | +€206,250 | |
| Stocks | 30/36 | - | €206,250 | +€206,250 | |
| Amounts receivable within one year | 40/41 | €194,826 | €45,740 | -€149,086 | -76.5% |
| Trade receivables | 40 | €63,860 | €45,740 | -€18,120 | -28.4% |
| Other amounts receivable | 41 | €130,966 | - | -€130,966 | |
| Cash at bank and in hand | 54/58 | €76,020 | €105,814 | +€29,794 | +39.2% |
| Total equity and liabilities | 10/49 | €279,295 | €363,696 | +€84,401 | +30.2% |
| Equity | 10/15 | €204,295 | €263,497 | +€59,202 | +29.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,295 | €158,497 | +€59,202 | +59.6% |
| Amounts payable | 17/49 | €75,000 | €100,199 | +€25,199 | +33.6% |
| Amounts payable within one year | 42/48 | €75,000 | €100,199 | +€25,199 | +33.6% |
| Financial debts | 43 | €50,000 | - | -€50,000 | |
| Credit institutions | 430/8 | €50,000 | - | -€50,000 | |
| Trade debts | 44 | - | €2,452 | +€2,452 | |
| Suppliers | 440/4 | - | €2,452 | +€2,452 | |
| Taxes, remuneration and social security | 45 | €25,000 | €97,747 | +€72,747 | +291.0% |
| Taxes | 450/3 | €25,000 | €97,747 | +€72,747 | +291.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,331 | €2,557 | +€226 | +9.7% |
| Other operating charges | 640/8 | €21,778 | €31,188 | +€9,410 | +43.2% |
| Gross operating margin | 9900 | €209,431 | €164,624 | -€44,807 | -21.4% |
| Operating profit (loss) | 9901 | €185,322 | €130,879 | -€54,443 | -29.4% |
| Financial charges | 65/66B | €3,325 | €5,160 | +€1,835 | +55.2% |
| Recurring financial charges | 65 | €3,325 | €5,160 | +€1,835 | +55.2% |
| Profit (loss) for the period before taxes | 9903 | €181,997 | €125,719 | -€56,278 | -30.9% |
| Income taxes | 67/77 | €54,256 | €66,517 | +€12,261 | +22.6% |
| Profit (loss) for the period | 9904 | €127,741 | €59,202 | -€68,539 | -53.7% |
| Profit (loss) for the period to be appropriated | 9905 | €127,741 | €59,202 | -€68,539 | -53.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.