B.B.L.C.: 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.
What changed
B.B.L.C.
NACE 46.180, Agents specialised in the wholesale of other particular products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€454,341
2024 · -€18,673-€435,668
Equity
€419,938
2024 · €874,279-€454,341
Cash
€37,590
2024 · €5,246+€32,344
Balance sheet total
€4.5m
2024 · €5.0m-€546,328
Largest movements
Assets
- Financial fixed assets -€584,338
down €584,338 (-11.7%), from €5.0m to €4.4m
Equity and liabilities
- Profit (loss) carried forward -€479,601
down €479,601 (-59.5%), from €806,079 to €326,478
- Other debts -€174,075
down €174,075 (-4.5%), from €3.8m to €3.7m
- Accrued charges and deferred income +€72,361
new in 2025: €72,361
Income statement
- Financial charges +€565,350
up €565,350 (+422%), from €134,103 to €699,453
of which Non-recurring financial charges: +€571,000
- Gross operating margin +€83,252
up €83,252 (+70.3%), from €118,451 to €201,703
- Financial income +€64,714
new in 2025: €64,714
of which Non-recurring financial income: +€64,000
- Taxes +€16,070
up €16,070 (+4,207%), from €382 to €16,452
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.
Result 2024
-€18,673
Gross operating margin
+€83,252
Other operating charges
-€1,269
Other operating items
-€945
Financial income
+€64,714
Financial charges
-€565,350
Taxes
-€16,070
Result 2025
-€454,341
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€551,994
Investment
+€584,338
Financing
€0
Cash 2024
€5,246
From operations (derived)
-€551,994
Net result for the year
-€454,341
Depreciation
+€1,647
Receivables within one year
+€2,293
Deferred charges and accrued income
-€9,605
Trade debts
+€1,895
Tax, wage and social debts
+€7,833
Other debts
-€174,075
Accrued charges and deferred income
+€72,361
Investment (derived)
+€584,338
Investment in fixed assets (net)
+€584,338
Cash 2025
€37,590
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,026,400 | €4,480,072 | -€546,328 | -10.9% |
| Fixed assets | 21/28 | €5,011,508 | €4,425,524 | -€585,985 | -11.7% |
| Tangible fixed assets | 22/27 | €6,028 | €4,381 | -€1,647 | -27.3% |
| Furniture and vehicles | 24 | €6,028 | €4,381 | -€1,647 | -27.3% |
| Financial fixed assets | 28 | €5,005,480 | €4,421,142 | -€584,338 | -11.7% |
| Current assets | 29/58 | €14,891 | €54,548 | +€39,657 | +266% |
| Amounts receivable within one year | 40/41 | €7,606 | €5,314 | -€2,293 | -30.1% |
| Trade receivables | 40 | €7,600 | €5,041 | -€2,559 | -33.7% |
| Other amounts receivable | 41 | €6 | €272 | +€266 | +4,189% |
| Cash at bank and in hand | 54/58 | €5,246 | €37,590 | +€32,344 | +617% |
| Deferred charges and accrued income | 490/1 | €2,039 | €11,645 | +€9,605 | +471% |
| Total equity and liabilities | 10/49 | €5,026,400 | €4,480,072 | -€546,328 | -10.9% |
| Equity | 10/15 | €874,279 | €419,938 | -€454,341 | -52.0% |
| 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 | €6,200 | €31,460 | +€25,260 | +407% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €25,260 | +€25,260 | |
| Profit (loss) carried forward | 14 | €806,079 | €326,478 | -€479,601 | -59.5% |
| Amounts payable | 17/49 | €4,152,121 | €4,060,134 | -€91,987 | -2.2% |
| Amounts payable after more than one year | 17 | €291,030 | €291,030 | = | 0.0% |
| Financial debts | 170/4 | €291,030 | €291,030 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,861,090 | €3,696,743 | -€164,347 | -4.3% |
| Trade debts | 44 | €8,840 | €10,735 | +€1,895 | +21.4% |
| Suppliers | 440/4 | €8,840 | €10,735 | +€1,895 | +21.4% |
| Taxes, remuneration and social security | 45 | €12,831 | €20,664 | +€7,833 | +61.0% |
| Taxes | 450/3 | €12,831 | €20,664 | +€7,833 | +61.0% |
| Other amounts payable | 47/48 | €3,839,419 | €3,665,344 | -€174,075 | -4.5% |
| Accrued charges and deferred income | 492/3 | - | €72,361 | +€72,361 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,647 | €1,647 | = | 0.0% |
| Other operating charges | 640/8 | €993 | €2,262 | +€1,269 | +128% |
| Non-recurring operating charges | 66A | - | €945 | +€945 | |
| Gross operating margin | 9900 | €118,451 | €201,703 | +€83,252 | +70.3% |
| Operating profit (loss) | 9901 | €115,812 | €196,850 | +€81,038 | +70.0% |
| Financial income | 75/76B | - | €64,714 | +€64,714 | |
| Recurring financial income | 75 | - | €714 | +€714 | |
| Non-recurring financial income | 76B | - | €64,000 | +€64,000 | |
| Financial charges | 65/66B | €134,103 | €699,453 | +€565,350 | +422% |
| Recurring financial charges | 65 | €134,103 | €128,453 | -€5,650 | -4.2% |
| Non-recurring financial charges | 66B | €0 | €571,000 | +€571,000 | |
| Profit (loss) for the period before taxes | 9903 | -€18,291 | -€437,889 | -€419,598 | -2,294% |
| Income taxes | 67/77 | €382 | €16,452 | +€16,070 | +4,207% |
| Profit (loss) for the period | 9904 | -€18,673 | -€454,341 | -€435,668 | -2,333% |
| Transfer to tax-exempt reserves | 689 | - | €25,260 | +€25,260 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,673 | -€479,601 | -€460,928 | -2,468% |
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 17 October 2026 via checked.be.