B²ASC: 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.
B²ASC
Largest movements
- Receivables within one year -€314,397
down €314,397 (-52.8%), from €595,950 to €281,553
of which Trade receivables: -€274,453
- Receivables after one year -€275,000
no longer reported in 2025 (was €275,000)
- Current investments -€275,000
no longer reported in 2025 (was €275,000)
- Cash +€183,744
up €183,744 (+117.5%), from €156,433 to €340,177
mainly Receivables within one year (+€314,397) and Receivables after one year (+€275,000)
- Intangible fixed assets -€16,763
down €16,763 (-45.5%), from €36,881 to €20,118
- Reserves -€820,323
down €820,323 (-69.3%), from €1.2m to €363,462
- Other debts +€150,301
up €150,301 (+14044.5%), from €1,070 to €151,371
- Trade debts -€42,593
down €42,593 (-41.7%), from €102,245 to €59,652
- Staff costs +€63,647
up €63,647 (+26.0%), from €244,766 to €308,414
- Gross operating margin +€38,688
up €38,688 (+6.7%), from €580,866 to €619,553
- Taxes -€29,776
down €29,776 (-32.9%), from €90,523 to €60,747
- Financial income -€19,081
down €19,081 (-70.6%), from €27,029 to €7,949
of which Financial income: -€14,556
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 | €1,387,686 | €675,929 | -€711,757 | -51.3% |
| Fixed assets | 21/28 | €62,604 | €35,194 | -€27,410 | -43.8% |
| Intangible fixed assets | 21 | €36,881 | €20,118 | -€16,763 | -45.5% |
| Tangible fixed assets | 22/27 | €25,723 | €15,076 | -€10,647 | -41.4% |
| Plant, machinery and equipment | 23 | €439 | €254 | -€185 | -42.1% |
| Furniture and vehicles | 24 | €21,124 | €11,584 | -€9,540 | -45.2% |
| Other tangible fixed assets | 26 | €4,161 | €3,238 | -€922 | -22.2% |
| Current assets | 29/58 | €1,325,083 | €640,735 | -€684,347 | -51.6% |
| Amounts receivable after more than one year | 29 | €275,000 | - | -€275,000 | |
| Other amounts receivable | 291 | €275,000 | - | -€275,000 | |
| Amounts receivable within one year | 40/41 | €595,950 | €281,553 | -€314,397 | -52.8% |
| Trade receivables | 40 | €552,586 | €278,133 | -€274,453 | -49.7% |
| Other amounts receivable | 41 | €43,364 | €3,420 | -€39,944 | -92.1% |
| Current investments | 50/53 | €275,000 | - | -€275,000 | |
| Cash at bank and in hand | 54/58 | €156,433 | €340,177 | +€183,744 | +117.5% |
| Deferred charges and accrued income | 490/1 | €22,700 | €19,005 | -€3,695 | -16.3% |
| Total equity and liabilities | 10/49 | €1,387,686 | €675,929 | -€711,757 | -51.3% |
| Equity | 10/15 | €1,202,385 | €382,062 | -€820,323 | -68.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,183,785 | €363,462 | -€820,323 | -69.3% |
| Distributable reserves | 133 | €1,183,785 | €363,462 | -€820,323 | -69.3% |
| Amounts payable | 17/49 | €185,302 | €293,868 | +€108,566 | +58.6% |
| Amounts payable within one year | 42/48 | €173,830 | €289,291 | +€115,461 | +66.4% |
| Trade debts | 44 | €102,245 | €59,652 | -€42,593 | -41.7% |
| Suppliers | 440/4 | €102,245 | €59,652 | -€42,593 | -41.7% |
| Taxes, remuneration and social security | 45 | €70,515 | €78,268 | +€7,753 | +11.0% |
| Taxes | 450/3 | €29,255 | €16,277 | -€12,978 | -44.4% |
| Remuneration and social security | 454/9 | €41,260 | €61,991 | +€20,731 | +50.2% |
| Other amounts payable | 47/48 | €1,070 | €151,371 | +€150,301 | +14044.5% |
| Accrued charges and deferred income | 492/3 | €11,472 | €4,576 | -€6,895 | -60.1% |
| Non-recurring operating income | 76A | - | €745 | +€745 | |
| Remuneration, social security and pensions | 62 | €244,766 | €308,414 | +€63,647 | +26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,714 | €24,987 | -€5,727 | -18.6% |
| Other operating charges | 640/8 | €1,533 | €2,496 | +€963 | +62.8% |
| Gross operating margin | 9900 | €580,866 | €619,553 | +€38,688 | +6.7% |
| Operating profit (loss) | 9901 | €303,852 | €283,657 | -€20,195 | -6.6% |
| Financial income | 75/76B | €27,029 | €7,949 | -€19,081 | -70.6% |
| Recurring financial income | 75 | €22,504 | €7,949 | -€14,556 | -64.7% |
| Non-recurring financial income | 76B | €4,525 | - | -€4,525 | |
| Financial charges | 65/66B | €1,792 | €1,181 | -€611 | -34.1% |
| Recurring financial charges | 65 | €1,446 | €1,181 | -€265 | -18.3% |
| Non-recurring financial charges | 66B | €346 | - | -€346 | |
| Profit (loss) for the period before taxes | 9903 | €329,089 | €290,424 | -€38,665 | -11.7% |
| Income taxes | 67/77 | €90,523 | €60,747 | -€29,776 | -32.9% |
| Profit (loss) for the period | 9904 | €238,567 | €229,677 | -€8,890 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €238,567 | €229,677 | -€8,890 | -3.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.