B.B.K.: what changed
B.B.K.
Largest movements
- Cash -€156,322
down €156,322 (-73.1%), from €213,815 to €57,493
mainly Contributions, distributions and other (-€82,481) and Other debts (-€74,067)
- Tangible fixed assets -€40,870
down €40,870 (-36.8%), from €110,973 to €70,103
of which Furniture and vehicles: -€40,644
- Receivables within one year -€39,588
down €39,588 (-87.1%), from €45,454 to €5,866
of which Trade receivables: -€21,023
- Stocks and contracts +€28,181
up €28,181 (+63.0%), from €44,741 to €72,922
of which Contracts in progress: +€31,643
- Reserves -€82,092
down €82,092 (-44.7%), from €183,693 to €101,601
- Other debts -€74,067
no longer reported in 2025 (was €74,067)
- Advances received -€18,118
no longer reported in 2025 (was €18,118)
- Current portion of long-term debt -€10,171
down €10,171 (-51.9%), from €19,590 to €9,419
- Debts after one year -€9,419
down €9,419 (-51.1%), from €18,423 to €9,004
- Gross operating margin -€28,050
down €28,050 (-13.6%), from €205,773 to €177,723
- Staff costs -€26,280
down €26,280 (-15.7%), from €167,518 to €141,239
- Other operating charges -€6,518
down €6,518 (-52.6%), from €12,386 to €5,868
- Depreciation +€3,386
up €3,386 (+13.3%), from €25,420 to €28,806
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €430,656 | €226,297 | -€204,359 | -47.5% |
| Fixed assets | 21/28 | €115,882 | €75,012 | -€40,870 | -35.3% |
| Tangible fixed assets | 22/27 | €110,973 | €70,103 | -€40,870 | -36.8% |
| Plant, machinery and equipment | 23 | €989 | €763 | -€226 | -22.9% |
| Furniture and vehicles | 24 | €109,984 | €69,340 | -€40,644 | -37.0% |
| Financial fixed assets | 28 | €4,909 | €4,909 | = | 0.0% |
| Current assets | 29/58 | €314,774 | €151,285 | -€163,489 | -51.9% |
| Stocks and contracts in progress | 3 | €44,741 | €72,922 | +€28,181 | +63.0% |
| Stocks | 30/36 | €31,238 | €27,776 | -€3,462 | -11.1% |
| Contracts in progress | 37 | €13,503 | €45,146 | +€31,643 | +234% |
| Amounts receivable within one year | 40/41 | €45,454 | €5,866 | -€39,588 | -87.1% |
| Trade receivables | 40 | €25,747 | €4,724 | -€21,023 | -81.7% |
| Other amounts receivable | 41 | €19,707 | €1,142 | -€18,565 | -94.2% |
| Cash at bank and in hand | 54/58 | €213,815 | €57,493 | -€156,322 | -73.1% |
| Deferred charges and accrued income | 490/1 | €10,763 | €15,004 | +€4,241 | +39.4% |
| Total equity and liabilities | 10/49 | €430,656 | €226,297 | -€204,359 | -47.5% |
| Equity | 10/15 | €268,893 | €186,801 | -€82,092 | -30.5% |
| Contributions | 10/11 | €85,200 | €85,200 | = | 0.0% |
| Reserves | 13 | €183,693 | €101,601 | -€82,092 | -44.7% |
| Distributable reserves | 133 | €183,693 | €101,601 | -€82,092 | -44.7% |
| Amounts payable | 17/49 | €161,763 | €39,496 | -€122,267 | -75.6% |
| Amounts payable after more than one year | 17 | €18,423 | €9,004 | -€9,419 | -51.1% |
| Financial debts | 170/4 | €18,423 | €9,004 | -€9,419 | -51.1% |
| Amounts payable within one year | 42/48 | €143,340 | €30,492 | -€112,848 | -78.7% |
| Current portion of amounts payable after more than one year | 42 | €19,590 | €9,419 | -€10,171 | -51.9% |
| Trade debts | 44 | €14,132 | €6,503 | -€7,629 | -54.0% |
| Suppliers | 440/4 | €14,132 | €6,503 | -€7,629 | -54.0% |
| Advances received on contracts in progress | 46 | €18,118 | - | -€18,118 | |
| Taxes, remuneration and social security | 45 | €17,433 | €14,570 | -€2,863 | -16.4% |
| Taxes | 450/3 | €6,372 | €4,849 | -€1,523 | -23.9% |
| Remuneration and social security | 454/9 | €11,061 | €9,721 | -€1,340 | -12.1% |
| Other amounts payable | 47/48 | €74,067 | - | -€74,067 | |
| Non-recurring operating income | 76A | €25,669 | €3,243 | -€22,426 | -87.4% |
| Remuneration, social security and pensions | 62 | €167,518 | €141,239 | -€26,280 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,420 | €28,806 | +€3,386 | +13.3% |
| Other operating charges | 640/8 | €12,386 | €5,868 | -€6,518 | -52.6% |
| Gross operating margin | 9900 | €205,773 | €177,723 | -€28,050 | -13.6% |
| Operating profit (loss) | 9901 | €448 | €1,809 | +€1,361 | +304% |
| Financial income | 75/76B | €1,311 | €541 | -€770 | -58.7% |
| Recurring financial income | 75 | €1,311 | €541 | -€770 | -58.7% |
| Financial charges | 65/66B | €2,226 | €1,756 | -€470 | -21.1% |
| Recurring financial charges | 65 | €2,226 | €1,756 | -€470 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | -€468 | €594 | +€1,062 | |
| Income taxes | 67/77 | €183 | €206 | +€22 | +12.1% |
| Profit (loss) for the period | 9904 | -€651 | €389 | +€1,040 | |
| Profit (loss) for the period to be appropriated | 9905 | -€651 | €389 | +€1,040 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.