B & B: 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 & B
Largest movements
- Stocks and contracts +€27,814
up €27,814 (+161%), from €17,250 to €45,064
- Receivables within one year +€10,772
up €10,772 (+206%), from €5,227 to €15,998
of which Trade receivables: +€10,528
- Tangible fixed assets -€10,149
down €10,149 (-16.5%), from €61,331 to €51,182
of which Furniture and vehicles: -€12,451
- Cash +€6,777
up €6,777 (+393,988%), from €2 to €6,778
mainly Net result for the year (+€35,344) and Depreciation (+€11,965)
- Profit (loss) carried forward +€35,344
up €35,344 (+86.5%), from -€40,870 to -€5,526
- Debts after one year -€7,021
down €7,021 (-17.0%), from €41,272 to €34,251
- Trade debts +€6,127
up €6,127 (+14.5%), from €42,276 to €48,403
- Tax, wage and social debts +€5,503
up €5,503 (+1,824%), from €302 to €5,805
- Short-term financial debts -€2,947
down €2,947 (-100%), from €2,947 to €0
- Gross operating margin +€35,645
up €35,645 (+136%), from €26,249 to €61,894
- Taxes +€4,737
up €4,737 (+2,472%), from €192 to €4,929
- Depreciation -€4,663
down €4,663 (-28.0%), from €16,628 to €11,965
- Financial charges -€2,261
down €2,261 (-30.2%), from €7,499 to €5,238
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 | €84,124 | €119,023 | +€34,899 | +41.5% |
| Fixed assets | 21/28 | €61,331 | €51,182 | -€10,149 | -16.5% |
| Tangible fixed assets | 22/27 | €61,331 | €51,182 | -€10,149 | -16.5% |
| Plant, machinery and equipment | 23 | €1,343 | €1,068 | -€275 | -20.5% |
| Furniture and vehicles | 24 | €30,564 | €18,113 | -€12,451 | -40.7% |
| Leasing and similar rights | 25 | €29,424 | €32,002 | +€2,578 | +8.8% |
| Current assets | 29/58 | €22,793 | €67,841 | +€45,048 | +198% |
| Stocks and contracts in progress | 3 | €17,250 | €45,064 | +€27,814 | +161% |
| Contracts in progress | 37 | €17,250 | €45,064 | +€27,814 | +161% |
| Amounts receivable within one year | 40/41 | €5,227 | €15,998 | +€10,772 | +206% |
| Trade receivables | 40 | €800 | €11,328 | +€10,528 | +1,316% |
| Other amounts receivable | 41 | €4,427 | €4,671 | +€244 | +5.5% |
| Cash at bank and in hand | 54/58 | €2 | €6,778 | +€6,777 | +393,988% |
| Deferred charges and accrued income | 490/1 | €315 | €0 | -€315 | -100% |
| Total equity and liabilities | 10/49 | €84,124 | €119,023 | +€34,899 | +41.5% |
| Equity | 10/15 | -€22,270 | €13,074 | +€35,344 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,870 | -€5,526 | +€35,344 | +86.5% |
| Amounts payable | 17/49 | €106,394 | €105,949 | -€445 | -0.4% |
| Amounts payable after more than one year | 17 | €41,272 | €34,251 | -€7,021 | -17.0% |
| Financial debts | 170/4 | €41,272 | €34,251 | -€7,021 | -17.0% |
| Amounts payable within one year | 42/48 | €64,668 | €71,698 | +€7,030 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €18,911 | €17,490 | -€1,421 | -7.5% |
| Financial debts | 43 | €2,947 | €0 | -€2,947 | -100% |
| Credit institutions | 430/8 | €2,947 | €0 | -€2,947 | -100% |
| Trade debts | 44 | €42,276 | €48,403 | +€6,127 | +14.5% |
| Suppliers | 440/4 | €42,276 | €48,403 | +€6,127 | +14.5% |
| Taxes, remuneration and social security | 45 | €302 | €5,805 | +€5,503 | +1,824% |
| Taxes | 450/3 | €302 | €5,805 | +€5,503 | +1,824% |
| Other amounts payable | 47/48 | €233 | €0 | -€233 | -100% |
| Accrued charges and deferred income | 492/3 | €454 | €0 | -€454 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,628 | €11,965 | -€4,663 | -28.0% |
| Other operating charges | 640/8 | €2,018 | €1,920 | -€98 | -4.9% |
| Non-recurring operating charges | 66A | €0 | €2,959 | +€2,959 | |
| Gross operating margin | 9900 | €26,249 | €61,894 | +€35,645 | +136% |
| Operating profit (loss) | 9901 | €7,602 | €45,050 | +€37,447 | +493% |
| Financial income | 75/76B | €221 | €460 | +€239 | +108% |
| Recurring financial income | 75 | €221 | €460 | +€239 | +108% |
| Financial charges | 65/66B | €7,499 | €5,238 | -€2,261 | -30.2% |
| Recurring financial charges | 65 | €7,499 | €5,238 | -€2,261 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €325 | €40,272 | +€39,947 | +12,298% |
| Income taxes | 67/77 | €192 | €4,929 | +€4,737 | +2,472% |
| Profit (loss) for the period | 9904 | €133 | €35,344 | +€35,211 | +26,426% |
| Profit (loss) for the period to be appropriated | 9905 | €133 | €35,344 | +€35,211 | +26,426% |
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 24 October 2026 via checked.be.