B&Bt: 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&Bt
Largest movements
- Current investments +€150,000
new in 2025: €150,000
- Cash -€23,366
down €23,366 (-11.1%), from €211,319 to €187,954
mainly Current investments (-€150,000) and Receivables within one year (-€9,219)
- Tangible fixed assets -€13,667
down €13,667 (-60.1%), from €22,750 to €9,083
of which Other tangible fixed assets: -€13,363
- Receivables within one year +€9,219
up €9,219 (+69.5%), from €13,271 to €22,490
- Reserves +€124,004
up €124,004 (+75.1%), from €165,023 to €289,027
of which Distributable reserves: +€124,004
- Trade debts -€4,352
no longer reported in 2025 (was €4,352)
- Gross operating margin +€8,318
up €8,318 (+6.0%), from €137,798 to €146,116
- Financial income -€1,795
down €1,795 (-97.0%), from €1,851 to €56
- Depreciation -€1,640
down €1,640 (-18.3%), from €8,986 to €7,346
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 | €258,774 | €378,503 | +€119,728 | +46.3% |
| Fixed assets | 21/28 | €30,250 | €14,083 | -€16,167 | -53.4% |
| Intangible fixed assets | 21 | €7,500 | €5,000 | -€2,500 | -33.3% |
| Tangible fixed assets | 22/27 | €22,750 | €9,083 | -€13,667 | -60.1% |
| Plant, machinery and equipment | 23 | €304 | - | -€304 | |
| Other tangible fixed assets | 26 | €22,446 | €9,083 | -€13,363 | -59.5% |
| Current assets | 29/58 | €228,524 | €364,420 | +€135,896 | +59.5% |
| Amounts receivable within one year | 40/41 | €13,271 | €22,490 | +€9,219 | +69.5% |
| Trade receivables | 40 | €13,271 | €22,490 | +€9,219 | +69.5% |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €211,319 | €187,954 | -€23,366 | -11.1% |
| Deferred charges and accrued income | 490/1 | €3,934 | €3,976 | +€43 | +1.1% |
| Total equity and liabilities | 10/49 | €258,774 | €378,503 | +€119,728 | +46.3% |
| Equity | 10/15 | €226,523 | €350,527 | +€124,004 | +54.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €165,023 | €289,027 | +€124,004 | +75.1% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €158,873 | €282,877 | +€124,004 | +78.1% |
| Amounts payable | 17/49 | €32,251 | €27,975 | -€4,276 | -13.3% |
| Amounts payable within one year | 42/48 | €32,251 | €27,975 | -€4,276 | -13.3% |
| Trade debts | 44 | €4,352 | - | -€4,352 | |
| Suppliers | 440/4 | €4,352 | - | -€4,352 | |
| Taxes, remuneration and social security | 45 | €11,649 | €12,384 | +€734 | +6.3% |
| Taxes | 450/3 | €11,649 | €12,384 | +€734 | +6.3% |
| Other amounts payable | 47/48 | €16,250 | €15,592 | -€659 | -4.1% |
| Non-recurring operating income | 76A | - | €178 | +€178 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,986 | €7,346 | -€1,640 | -18.3% |
| Other operating charges | 640/8 | €2,255 | €2,324 | +€69 | +3.1% |
| Gross operating margin | 9900 | €137,798 | €146,116 | +€8,318 | +6.0% |
| Operating profit (loss) | 9901 | €126,556 | €136,445 | +€9,889 | +7.8% |
| Financial income | 75/76B | €1,851 | €56 | -€1,795 | -97.0% |
| Recurring financial income | 75 | €1,851 | €56 | -€1,795 | -97.0% |
| Financial charges | 65/66B | €199 | €97 | -€102 | -51.1% |
| Recurring financial charges | 65 | €199 | €97 | -€102 | -51.1% |
| Profit (loss) for the period before taxes | 9903 | €128,209 | €136,404 | +€8,196 | +6.4% |
| Income taxes | 67/77 | €11,655 | €12,400 | +€745 | +6.4% |
| Profit (loss) for the period | 9904 | €116,553 | €124,004 | +€7,451 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €116,553 | €124,004 | +€7,451 | +6.4% |
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 25 October 2026 via checked.be.