B&C: 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&C
Largest movements
- Cash +€318,290
up €318,290 (+235.6%), from €135,109 to €453,399
mainly Current investments (+€300,000) and Net result for the year (+€123,669)
- Current investments -€300,000
down €300,000 (-100.0%), from €300,000 to €0
- Tangible fixed assets +€13,061
up €13,061 (+3126.3%), from €418 to €13,479
of which Furniture and vehicles: +€7,559
- Receivables within one year +€10,591
up €10,591 (+55.6%), from €19,062 to €29,652
of which Trade receivables: +€10,858
- Reserves +€123,669
up €123,669 (+29.3%), from €421,595 to €545,263
of which Distributable reserves: +€123,669
- Other debts -€70,502
down €70,502 (-62.9%), from €112,084 to €41,582
- Gross operating margin +€13,962
up €13,962 (+8.0%), from €174,400 to €188,361
- Taxes +€7,076
up €7,076 (+13.3%), from €53,308 to €60,383
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 | €579,523 | €623,748 | +€44,224 | +7.6% |
| Fixed assets | 21/28 | €120,418 | €133,479 | +€13,061 | +10.8% |
| Tangible fixed assets | 22/27 | €418 | €13,479 | +€13,061 | +3126.3% |
| Plant, machinery and equipment | 23 | €418 | €5,919 | +€5,502 | +1316.9% |
| Furniture and vehicles | 24 | - | €7,559 | +€7,559 | |
| Financial fixed assets | 28 | €120,000 | €120,000 | = | 0.0% |
| Current assets | 29/58 | €459,106 | €490,269 | +€31,163 | +6.8% |
| Amounts receivable within one year | 40/41 | €19,062 | €29,652 | +€10,591 | +55.6% |
| Trade receivables | 40 | €18,787 | €29,645 | +€10,858 | +57.8% |
| Other amounts receivable | 41 | €275 | €7 | -€267 | -97.3% |
| Current investments | 50/53 | €300,000 | €0 | -€300,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €135,109 | €453,399 | +€318,290 | +235.6% |
| Deferred charges and accrued income | 490/1 | €4,935 | €7,218 | +€2,282 | +46.2% |
| Total equity and liabilities | 10/49 | €579,523 | €623,748 | +€44,224 | +7.6% |
| Equity | 10/15 | €427,792 | €551,461 | +€123,669 | +28.9% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €421,595 | €545,263 | +€123,669 | +29.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €417,595 | €541,263 | +€123,669 | +29.6% |
| Amounts payable | 17/49 | €151,731 | €72,287 | -€79,444 | -52.4% |
| Amounts payable within one year | 42/48 | €144,911 | €66,830 | -€78,082 | -53.9% |
| Financial debts | 43 | €267 | €691 | +€424 | +158.7% |
| Credit institutions | 430/8 | €267 | €691 | +€424 | +158.7% |
| Trade debts | 44 | €6,346 | €1,284 | -€5,062 | -79.8% |
| Suppliers | 440/4 | €6,346 | €1,284 | -€5,062 | -79.8% |
| Taxes, remuneration and social security | 45 | €26,215 | €23,273 | -€2,941 | -11.2% |
| Taxes | 450/3 | €23,752 | €19,948 | -€3,805 | -16.0% |
| Remuneration and social security | 454/9 | €2,462 | €3,326 | +€863 | +35.1% |
| Other amounts payable | 47/48 | €112,084 | €41,582 | -€70,502 | -62.9% |
| Accrued charges and deferred income | 492/3 | €6,820 | €5,458 | -€1,362 | -20.0% |
| Non-recurring operating income | 76A | - | €790 | +€790 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €587 | €857 | +€271 | +46.1% |
| Other operating charges | 640/8 | €2,840 | €1,661 | -€1,179 | -41.5% |
| Gross operating margin | 9900 | €174,400 | €188,361 | +€13,962 | +8.0% |
| Operating profit (loss) | 9901 | €170,973 | €185,844 | +€14,870 | +8.7% |
| Financial income | 75/76B | €4,780 | €5,879 | +€1,099 | +23.0% |
| Recurring financial income | 75 | €4,780 | €5,879 | +€1,099 | +23.0% |
| Financial charges | 65/66B | €7,738 | €7,671 | -€67 | -0.9% |
| Recurring financial charges | 65 | €7,738 | €7,671 | -€67 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €168,015 | €184,052 | +€16,036 | +9.5% |
| Income taxes | 67/77 | €53,308 | €60,383 | +€7,076 | +13.3% |
| Profit (loss) for the period | 9904 | €114,708 | €123,669 | +€8,961 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €114,708 | €123,669 | +€8,961 | +7.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.