B&C Matters: 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 Matters
Largest movements
- Cash +€25,484
up €25,484 (+115%), from €22,142 to €47,626
mainly Net result for the year (+€23,979) and Other debts (+€3,727)
- Deferred charges and accrued income +€6,968
up €6,968 (+2,391%), from €291 to €7,259
- Receivables within one year -€996
down €996 (-6.7%), from €14,790 to €13,794
- Reserves +€23,146
up €23,146 (+143%), from €16,217 to €39,364
- Other debts +€3,727
up €3,727 (+89.7%), from €4,153 to €7,881
- Tax, wage and social debts +€3,067
up €3,067 (+20.6%), from €14,893 to €17,960
- Gross operating margin +€12,086
up €12,086 (+53.8%), from €22,457 to €34,543
- Financial charges +€2,675
up €2,675 (+1,624%), from €165 to €2,839
- Taxes +€2,117
up €2,117 (+44.4%), from €4,765 to €6,882
- Depreciation +€352
up €352 (+489%), from €72 to €424
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 | €39,269 | €70,302 | +€31,033 | +79.0% |
| Fixed assets | 21/28 | €2,046 | €1,622 | -€424 | -20.7% |
| Tangible fixed assets | 22/27 | €2,046 | €1,622 | -€424 | -20.7% |
| Plant, machinery and equipment | 23 | €2,046 | €1,622 | -€424 | -20.7% |
| Current assets | 29/58 | €37,224 | €68,680 | +€31,456 | +84.5% |
| Amounts receivable within one year | 40/41 | €14,790 | €13,794 | -€996 | -6.7% |
| Trade receivables | 40 | €14,790 | €13,794 | -€996 | -6.7% |
| Cash at bank and in hand | 54/58 | €22,142 | €47,626 | +€25,484 | +115% |
| Deferred charges and accrued income | 490/1 | €291 | €7,259 | +€6,968 | +2,391% |
| Total equity and liabilities | 10/49 | €39,269 | €70,302 | +€31,033 | +79.0% |
| Equity | 10/15 | €18,717 | €41,864 | +€23,146 | +124% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €16,217 | €39,364 | +€23,146 | +143% |
| Distributable reserves | 133 | €16,217 | €39,364 | +€23,146 | +143% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €20,552 | €28,438 | +€7,887 | +38.4% |
| Amounts payable within one year | 42/48 | €20,552 | €28,438 | +€7,887 | +38.4% |
| Financial debts | 43 | €406 | €952 | +€546 | +135% |
| Credit institutions | 430/8 | €406 | €952 | +€546 | +135% |
| Trade debts | 44 | €1,099 | €1,646 | +€547 | +49.7% |
| Suppliers | 440/4 | €1,099 | €1,646 | +€547 | +49.7% |
| Taxes, remuneration and social security | 45 | €14,893 | €17,960 | +€3,067 | +20.6% |
| Taxes | 450/3 | €14,893 | €17,960 | +€3,067 | +20.6% |
| Other amounts payable | 47/48 | €4,153 | €7,881 | +€3,727 | +89.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72 | €424 | +€352 | +489% |
| Other operating charges | 640/8 | €464 | €520 | +€55 | +11.9% |
| Gross operating margin | 9900 | €22,457 | €34,543 | +€12,086 | +53.8% |
| Operating profit (loss) | 9901 | €21,920 | €33,600 | +€11,680 | +53.3% |
| Financial income | 75/76B | €86 | €101 | +€15 | +17.5% |
| Recurring financial income | 75 | €86 | €101 | +€15 | +17.5% |
| Financial charges | 65/66B | €165 | €2,839 | +€2,675 | +1,624% |
| Recurring financial charges | 65 | €165 | €2,839 | +€2,675 | +1,624% |
| Profit (loss) for the period before taxes | 9903 | €21,842 | €30,862 | +€9,020 | +41.3% |
| Income taxes | 67/77 | €4,765 | €6,882 | +€2,117 | +44.4% |
| Profit (loss) for the period | 9904 | €17,076 | €23,979 | +€6,903 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,076 | €23,979 | +€6,903 | +40.4% |
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 15 October 2026 via checked.be.