B & C Belgium: 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 & C Belgium
Largest movements
- Cash -€84,785
down €84,785 (-69.6%), from €121,752 to €36,967
mainly Deferred charges and accrued income (-€39,841) and Trade debts (-€36,457)
- Deferred charges and accrued income +€39,841
up €39,841 (+399%), from €9,989 to €49,830
- Receivables within one year +€15,132
up €15,132 (+5.6%), from €272,292 to €287,423
of which Trade receivables: +€8,015
- Trade debts -€36,457
down €36,457 (-54.5%), from €66,906 to €30,449
- Tax, wage and social debts +€5,164
up €5,164 (+5.3%), from €97,107 to €102,271
of which Remuneration and social security: +€3,303
- Reserves +€4,292
up €4,292 (+2.5%), from €169,595 to €173,887
of which Distributable reserves: +€4,292
- Gross operating margin +€55,753
up €55,753 (+10.6%), from €525,721 to €581,474
- Staff costs +€38,599
up €38,599 (+7.7%), from €504,320 to €542,919
- Other operating charges +€13,839
up €13,839 (+1,102%), from €1,255 to €15,095
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 | €404,033 | €374,220 | -€29,812 | -7.4% |
| Current assets | 29/58 | €404,033 | €374,220 | -€29,812 | -7.4% |
| Amounts receivable within one year | 40/41 | €272,292 | €287,423 | +€15,132 | +5.6% |
| Trade receivables | 40 | - | €8,015 | +€8,015 | |
| Other amounts receivable | 41 | €272,292 | €279,408 | +€7,117 | +2.6% |
| Cash at bank and in hand | 54/58 | €121,752 | €36,967 | -€84,785 | -69.6% |
| Deferred charges and accrued income | 490/1 | €9,989 | €49,830 | +€39,841 | +399% |
| Total equity and liabilities | 10/49 | €404,033 | €374,220 | -€29,812 | -7.4% |
| Equity | 10/15 | €231,095 | €235,387 | +€4,292 | +1.9% |
| 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 | €169,595 | €173,887 | +€4,292 | +2.5% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €163,445 | €167,737 | +€4,292 | +2.6% |
| Amounts payable | 17/49 | €172,937 | €138,833 | -€34,104 | -19.7% |
| Amounts payable within one year | 42/48 | €164,014 | €132,721 | -€31,293 | -19.1% |
| Trade debts | 44 | €66,906 | €30,449 | -€36,457 | -54.5% |
| Suppliers | 440/4 | €66,906 | €30,449 | -€36,457 | -54.5% |
| Taxes, remuneration and social security | 45 | €97,107 | €102,271 | +€5,164 | +5.3% |
| Taxes | 450/3 | €38,863 | €40,724 | +€1,861 | +4.8% |
| Remuneration and social security | 454/9 | €58,244 | €61,547 | +€3,303 | +5.7% |
| Accrued charges and deferred income | 492/3 | €8,924 | €6,113 | -€2,811 | -31.5% |
| Remuneration, social security and pensions | 62 | €504,320 | €542,919 | +€38,599 | +7.7% |
| Other operating charges | 640/8 | €1,255 | €15,095 | +€13,839 | +1,102% |
| Gross operating margin | 9900 | €525,721 | €581,474 | +€55,753 | +10.6% |
| Operating profit (loss) | 9901 | €20,145 | €23,459 | +€3,314 | +16.4% |
| Financial income | 75/76B | €9,989 | €7,868 | -€2,121 | -21.2% |
| Recurring financial income | 75 | €9,989 | €7,868 | -€2,121 | -21.2% |
| Financial charges | 65/66B | €1,407 | €4,490 | +€3,083 | +219% |
| Recurring financial charges | 65 | €1,407 | €4,490 | +€3,083 | +219% |
| Profit (loss) for the period before taxes | 9903 | €28,728 | €26,837 | -€1,890 | -6.6% |
| Income taxes | 67/77 | €18,178 | €22,546 | +€4,367 | +24.0% |
| Profit (loss) for the period | 9904 | €10,549 | €4,292 | -€6,258 | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,549 | €4,292 | -€6,258 | -59.3% |
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.