B&C Associates: 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&C Associates
NACE 69.201, Certified accountants and tax accountants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€79,710
2024 · €70,883+€8,827
Equity
€20,460
2024 · €20,460
Cash
€83,942
2024 · €79,256+€4,685
Balance sheet total
€315,765
2024 · €318,065-€2,300
Largest movements
Assets
- Cash +€4,685
up €4,685 (+5.9%), from €79,256 to €83,942
mainly Net result for the year (+€79,710) and Depreciation (+€13,491)
Equity and liabilities
- Debts after one year -€13,133
down €13,133 (-12.8%), from €102,635 to €89,502
- Other debts +€8,993
up €8,993 (+12.5%), from €71,715 to €80,708
Income statement
- Gross operating margin +€8,217
up €8,217 (+6.2%), from €132,931 to €141,148
- Staff costs -€2,443
down €2,443 (-13.9%), from €17,604 to €15,161
- Taxes +€2,126
up €2,126 (+8.5%), from €25,104 to €27,230
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
€70,883
Gross operating margin
+€8,217
Staff costs
+€2,443
Depreciation
+€291
Other operating charges
-€164
Financial income
+€44
Financial charges
+€121
Taxes
-€2,126
Result 2025
€79,710
raises the resultlowers the result
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
+€106,494
Investment
-€9,245
Financing
-€92,563
Cash 2024
€79,256
From operations (derived)
+€106,494
Net result for the year
+€79,710
Depreciation
+€13,491
Receivables within one year
+€2,376
Deferred charges and accrued income
+€364
Trade debts
+€2,984
Tax, wage and social debts
-€245
Other debts
+€8,993
Accrued charges and deferred income
-€1,179
Investment (derived)
-€9,245
Investment in fixed assets (net)
-€9,245
Financing
-€92,563
Debts after one year
-€13,133
Current portion of long-term debt
+€237
Short-term financial debts
+€43
Contributions, distributions and other
-€79,710
Cash 2025
€83,942
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €318,065 | €315,765 | -€2,300 | -0.7% |
| Fixed assets | 21/28 | €166,541 | €162,295 | -€4,246 | -2.5% |
| Intangible fixed assets | 21 | €4,180 | €1,313 | -€2,867 | -68.6% |
| Tangible fixed assets | 22/27 | €162,361 | €160,982 | -€1,379 | -0.8% |
| Land and buildings | 22 | €159,397 | €155,720 | -€3,677 | -2.3% |
| Furniture and vehicles | 24 | €2,964 | €5,262 | +€2,298 | +77.5% |
| Current assets | 29/58 | €151,524 | €153,470 | +€1,946 | +1.3% |
| Amounts receivable within one year | 40/41 | €66,557 | €64,181 | -€2,376 | -3.6% |
| Trade receivables | 40 | €66,533 | €64,181 | -€2,352 | -3.5% |
| Other amounts receivable | 41 | €24 | - | -€24 | |
| Cash at bank and in hand | 54/58 | €79,256 | €83,942 | +€4,685 | +5.9% |
| Deferred charges and accrued income | 490/1 | €5,711 | €5,347 | -€364 | -6.4% |
| Total equity and liabilities | 10/49 | €318,065 | €315,765 | -€2,300 | -0.7% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €297,605 | €295,305 | -€2,300 | -0.8% |
| Amounts payable after more than one year | 17 | €102,635 | €89,502 | -€13,133 | -12.8% |
| Financial debts | 170/4 | €102,635 | €89,502 | -€13,133 | -12.8% |
| Amounts payable within one year | 42/48 | €176,980 | €188,992 | +€12,012 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €12,896 | €13,133 | +€237 | +1.8% |
| Financial debts | 43 | €209 | €252 | +€43 | +20.8% |
| Credit institutions | 430/8 | €209 | €252 | +€43 | +20.8% |
| Trade debts | 44 | €70,860 | €73,844 | +€2,984 | +4.2% |
| Suppliers | 440/4 | €70,860 | €73,844 | +€2,984 | +4.2% |
| Taxes, remuneration and social security | 45 | €21,301 | €21,056 | -€245 | -1.2% |
| Taxes | 450/3 | €19,168 | €21,056 | +€1,888 | +9.9% |
| Remuneration and social security | 454/9 | €2,133 | - | -€2,133 | |
| Other amounts payable | 47/48 | €71,715 | €80,708 | +€8,993 | +12.5% |
| Accrued charges and deferred income | 492/3 | €17,989 | €16,810 | -€1,179 | -6.6% |
| Remuneration, social security and pensions | 62 | €17,604 | €15,161 | -€2,443 | -13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,782 | €13,491 | -€291 | -2.1% |
| Other operating charges | 640/8 | €4,288 | €4,452 | +€164 | +3.8% |
| Gross operating margin | 9900 | €132,931 | €141,148 | +€8,217 | +6.2% |
| Operating profit (loss) | 9901 | €97,257 | €108,045 | +€10,788 | +11.1% |
| Financial income | 75/76B | €1,176 | €1,221 | +€44 | +3.8% |
| Recurring financial income | 75 | €1,176 | €1,221 | +€44 | +3.8% |
| Financial charges | 65/66B | €2,446 | €2,325 | -€121 | -5.0% |
| Recurring financial charges | 65 | €2,446 | €2,325 | -€121 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €95,987 | €106,940 | +€10,953 | +11.4% |
| Income taxes | 67/77 | €25,104 | €27,230 | +€2,126 | +8.5% |
| Profit (loss) for the period | 9904 | €70,883 | €79,710 | +€8,827 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €70,883 | €79,710 | +€8,827 | +12.5% |
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 19 October 2026 via checked.be.