B&C Connections: 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 Connections
Largest movements
- Cash -€14,709
down €14,709 (-62.4%), from €23,557 to €8,848
mainly Trade debts (-€11,893) and Tax, wage and social debts (-€6,686)
- Receivables within one year -€4,498
down €4,498 (-6.5%), from €69,488 to €64,990
of which Other amounts receivable: -€3,453
- Deferred charges and accrued income +€1,164
new in 2025: €1,164
- Trade debts -€11,893
down €11,893 (-61.4%), from €19,369 to €7,476
- Tax, wage and social debts -€6,686
down €6,686 (-62.5%), from €10,704 to €4,017
- Reserves +€3,715
up €3,715 (+10.9%), from €34,089 to €37,804
of which Distributable reserves: +€3,715
- Current portion of long-term debt -€2,569
down €2,569 (-28.1%), from €9,150 to €6,581
- Financial charges +€3,777
up €3,777 (+1,067%), from €354 to €4,131
- Taxes -€1,246
down €1,246 (-32.7%), from €3,812 to €2,566
- Other operating charges -€1,019
down €1,019 (-61.2%), from €1,665 to €646
- Gross operating margin -€564
down €564 (-4.0%), from €13,997 to €13,433
- Staff costs -€336
down €336 (-16.7%), from €2,016 to €1,680
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 | €94,016 | €76,584 | -€17,432 | -18.5% |
| Fixed assets | 21/28 | €972 | €1,582 | +€610 | +62.8% |
| Tangible fixed assets | 22/27 | €972 | €1,582 | +€610 | +62.8% |
| Furniture and vehicles | 24 | €972 | €1,582 | +€610 | +62.8% |
| Current assets | 29/58 | €93,044 | €75,002 | -€18,042 | -19.4% |
| Amounts receivable within one year | 40/41 | €69,488 | €64,990 | -€4,498 | -6.5% |
| Trade receivables | 40 | €1,045 | €0 | -€1,045 | -100% |
| Other amounts receivable | 41 | €68,443 | €64,990 | -€3,453 | -5.0% |
| Cash at bank and in hand | 54/58 | €23,557 | €8,848 | -€14,709 | -62.4% |
| Deferred charges and accrued income | 490/1 | - | €1,164 | +€1,164 | |
| Total equity and liabilities | 10/49 | €94,016 | €76,584 | -€17,432 | -18.5% |
| Equity | 10/15 | €54,793 | €58,509 | +€3,715 | +6.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €34,089 | €37,804 | +€3,715 | +10.9% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €32,089 | €35,804 | +€3,715 | +11.6% |
| Profit (loss) carried forward | 14 | €705 | €705 | = | 0.0% |
| Amounts payable | 17/49 | €39,223 | €18,075 | -€21,147 | -53.9% |
| Amounts payable within one year | 42/48 | €39,223 | €18,075 | -€21,147 | -53.9% |
| Current portion of amounts payable after more than one year | 42 | €9,150 | €6,581 | -€2,569 | -28.1% |
| Trade debts | 44 | €19,369 | €7,476 | -€11,893 | -61.4% |
| Suppliers | 440/4 | €19,369 | €7,476 | -€11,893 | -61.4% |
| Taxes, remuneration and social security | 45 | €10,704 | €4,017 | -€6,686 | -62.5% |
| Taxes | 450/3 | €10,704 | €4,017 | -€6,686 | -62.5% |
| Remuneration, social security and pensions | 62 | €2,016 | €1,680 | -€336 | -16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €532 | €695 | +€163 | +30.7% |
| Other operating charges | 640/8 | €1,665 | €646 | -€1,019 | -61.2% |
| Gross operating margin | 9900 | €13,997 | €13,433 | -€564 | -4.0% |
| Operating profit (loss) | 9901 | €9,785 | €10,412 | +€627 | +6.4% |
| Financial income | 75/76B | €18 | €0 | -€18 | -98.4% |
| Recurring financial income | 75 | €18 | €0 | -€18 | -98.4% |
| Financial charges | 65/66B | €354 | €4,131 | +€3,777 | +1,067% |
| Recurring financial charges | 65 | €354 | €4,131 | +€3,777 | +1,067% |
| Profit (loss) for the period before taxes | 9903 | €9,449 | €6,281 | -€3,168 | -33.5% |
| Income taxes | 67/77 | €3,812 | €2,566 | -€1,246 | -32.7% |
| Profit (loss) for the period | 9904 | €5,637 | €3,715 | -€1,922 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,637 | €3,715 | -€1,922 | -34.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.