B BUSINESS: 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 BUSINESS
Largest movements
- Cash +€2,870
up €2,870 (+13.1%), from €21,848 to €24,718
mainly Other debts (+€4,174) and Depreciation (+€2,252)
- Tangible fixed assets -€1,714
down €1,714 (-9.6%), from €17,905 to €16,191
of which Other tangible fixed assets: -€1,714
- Stocks and contracts -€832
down €832 (-6.2%), from €13,425 to €12,592
- Receivables within one year +€711
up €711 (+135.2%), from €526 to €1,237
of which Trade receivables: +€648
- Profit (loss) carried forward -€4,310
down €4,310 (-5.1%), from -€84,977 to -€89,288
- Other debts +€4,174
up €4,174 (+257.1%), from €1,624 to €5,797
- Trade debts +€634
up €634 (+82.0%), from €773 to €1,407
- Depreciation -€1,079
down €1,079 (-32.4%), from €3,331 to €2,252
- Gross operating margin -€212
down €212 (-39.7%), from -€533 to -€744
- Financial charges -€91
down €91 (-11.0%), from €830 to €738
- Other operating charges +€68
up €68 (+13.4%), from €508 to €576
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 | €56,010 | €56,507 | +€497 | +0.9% |
| Fixed assets | 21/28 | €20,211 | €17,959 | -€2,252 | -11.1% |
| Intangible fixed assets | 21 | €1,206 | €669 | -€538 | -44.6% |
| Tangible fixed assets | 22/27 | €17,905 | €16,191 | -€1,714 | -9.6% |
| Land and buildings | 22 | €13,757 | €13,757 | = | 0.0% |
| Furniture and vehicles | 24 | €2,000 | €2,000 | = | 0.0% |
| Other tangible fixed assets | 26 | €2,148 | €434 | -€1,714 | -79.8% |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €35,798 | €38,548 | +€2,749 | +7.7% |
| Stocks and contracts in progress | 3 | €13,425 | €12,592 | -€832 | -6.2% |
| Stocks | 30/36 | €13,425 | €12,592 | -€832 | -6.2% |
| Amounts receivable within one year | 40/41 | €526 | €1,237 | +€711 | +135.2% |
| Trade receivables | 40 | €0 | €648 | +€648 | |
| Other amounts receivable | 41 | €526 | €589 | +€63 | +12.0% |
| Cash at bank and in hand | 54/58 | €21,848 | €24,718 | +€2,870 | +13.1% |
| Total equity and liabilities | 10/49 | €56,010 | €56,507 | +€497 | +0.9% |
| Equity | 10/15 | €53,311 | €49,001 | -€4,310 | -8.1% |
| Contributions | 10/11 | €135,000 | €135,000 | = | 0.0% |
| Reserves | 13 | €3,289 | €3,289 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,289 | €3,289 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,289 | €3,289 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,977 | -€89,288 | -€4,310 | -5.1% |
| Amounts payable | 17/49 | €2,698 | €7,506 | +€4,808 | +178.2% |
| Amounts payable within one year | 42/48 | €2,698 | €7,506 | +€4,808 | +178.2% |
| Trade debts | 44 | €773 | €1,407 | +€634 | +82.0% |
| Suppliers | 440/4 | €773 | €1,407 | +€634 | +82.0% |
| Advances received on contracts in progress | 46 | €301 | €301 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,624 | €5,797 | +€4,174 | +257.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,331 | €2,252 | -€1,079 | -32.4% |
| Other operating charges | 640/8 | €508 | €576 | +€68 | +13.4% |
| Gross operating margin | 9900 | -€533 | -€744 | -€212 | -39.7% |
| Operating profit (loss) | 9901 | -€4,371 | -€3,572 | +€799 | +18.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €830 | €738 | -€91 | -11.0% |
| Recurring financial charges | 65 | €830 | €738 | -€91 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,201 | -€4,310 | +€890 | +17.1% |
| Profit (loss) for the period | 9904 | -€5,201 | -€4,310 | +€890 | +17.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,201 | -€4,310 | +€890 | +17.1% |
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 12 October 2026 via checked.be.