B.B.A.: 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.B.A.
Largest movements
- Tangible fixed assets -€70,705
down €70,705 (-26.2%), from €270,052 to €199,346
of which Land and buildings: -€68,490
- Cash +€6,637
up €6,637 (+257.9%), from €2,573 to €9,209
mainly Depreciation (+€70,705) and Receivables within one year (+€1,400)
- Profit (loss) carried forward -€47,173
down €47,173 (-4.0%), from -€1.2m to -€1.2m
- Debts after one year -€19,371
down €19,371 (-2.0%), from €962,866 to €943,495
of which Financial debts: -€22,725
- Gross operating margin +€12,817
up €12,817 (+93.1%), from €13,772 to €26,589
- Depreciation -€5,448
down €5,448 (-7.2%), from €76,153 to €70,705
- Other operating charges -€890
down €890 (-23.9%), from €3,727 to €2,837
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 | €274,031 | €208,562 | -€65,468 | -23.9% |
| Fixed assets | 21/28 | €270,052 | €199,346 | -€70,705 | -26.2% |
| Tangible fixed assets | 22/27 | €270,052 | €199,346 | -€70,705 | -26.2% |
| Land and buildings | 22 | €255,239 | €186,749 | -€68,490 | -26.8% |
| Plant, machinery and equipment | 23 | €14,813 | €12,597 | -€2,216 | -15.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €3,979 | €9,216 | +€5,237 | +131.6% |
| Amounts receivable within one year | 40/41 | €1,406 | €6 | -€1,400 | -99.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,406 | €6 | -€1,400 | -99.5% |
| Cash at bank and in hand | 54/58 | €2,573 | €9,209 | +€6,637 | +257.9% |
| Total equity and liabilities | 10/49 | €274,031 | €208,562 | -€65,468 | -23.9% |
| Equity | 10/15 | -€689,773 | -€736,946 | -€47,173 | -6.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €434,631 | €434,631 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €428,431 | €428,431 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,186,404 | -€1,233,577 | -€47,173 | -4.0% |
| Amounts payable | 17/49 | €963,804 | €945,509 | -€18,296 | -1.9% |
| Amounts payable after more than one year | 17 | €962,866 | €943,495 | -€19,371 | -2.0% |
| Financial debts | 170/4 | €962,314 | €939,589 | -€22,725 | -2.4% |
| Other amounts payable | 178/9 | €552 | €3,906 | +€3,354 | +607.3% |
| Amounts payable within one year | 42/48 | €938 | €2,014 | +€1,075 | +114.6% |
| Financial debts | 43 | €38 | €43 | +€5 | +13.2% |
| Credit institutions | 430/8 | €38 | €43 | +€5 | +13.2% |
| Trade debts | 44 | €597 | €1,065 | +€468 | +78.3% |
| Suppliers | 440/4 | €597 | €1,065 | +€468 | +78.3% |
| Taxes, remuneration and social security | 45 | €303 | €905 | +€602 | +198.9% |
| Taxes | 450/3 | €303 | €905 | +€602 | +198.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,153 | €70,705 | -€5,448 | -7.2% |
| Other operating charges | 640/8 | €3,727 | €2,837 | -€890 | -23.9% |
| Gross operating margin | 9900 | €13,772 | €26,589 | +€12,817 | +93.1% |
| Operating profit (loss) | 9901 | -€66,108 | -€46,953 | +€19,155 | +29.0% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €133 | €143 | +€10 | +7.5% |
| Recurring financial charges | 65 | €133 | €143 | +€10 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | -€66,241 | -€47,096 | +€19,145 | +28.9% |
| Income taxes | 67/77 | €303 | €77 | -€226 | -74.5% |
| Profit (loss) for the period | 9904 | -€66,544 | -€47,173 | +€19,371 | +29.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€66,544 | -€47,173 | +€19,371 | +29.1% |
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.