B CARRE: 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 CARRE
Largest movements
- Tangible fixed assets +€39,132
up €39,132 (+53.1%), from €73,706 to €112,838
- Cash +€22,219
up €22,219 (+54.3%), from €40,913 to €63,132
mainly Net result for the year (+€61,418) and Depreciation (+€22,468)
- Receivables within one year +€19,413
up €19,413 (+8.9%), from €219,310 to €238,723
of which Trade receivables: +€43,404
- Profit (loss) carried forward +€61,418
up €61,418 (+730%), from €8,418 to €69,836
- Tax, wage and social debts +€13,266
up €13,266 (+53.4%), from €24,861 to €38,127
of which Taxes: +€15,649
- Other debts +€5,840
up €5,840 (+2.1%), from €276,117 to €281,957
- Gross operating margin -€15,486
down €15,486 (-5.1%), from €305,338 to €289,853
- Depreciation +€11,109
up €11,109 (+97.8%), from €11,359 to €22,468
- Other operating charges -€10,022
down €10,022 (-84.8%), from €11,822 to €1,800
- Staff costs -€4,720
down €4,720 (-2.3%), from €208,310 to €203,591
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 | €334,330 | €415,093 | +€80,764 | +24.2% |
| Fixed assets | 21/28 | €74,106 | €113,238 | +€39,132 | +52.8% |
| Tangible fixed assets | 22/27 | €73,706 | €112,838 | +€39,132 | +53.1% |
| Furniture and vehicles | 24 | €73,706 | €112,838 | +€39,132 | +53.1% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €260,223 | €301,855 | +€41,632 | +16.0% |
| Amounts receivable within one year | 40/41 | €219,310 | €238,723 | +€19,413 | +8.9% |
| Trade receivables | 40 | €185,633 | €229,037 | +€43,404 | +23.4% |
| Other amounts receivable | 41 | €33,678 | €9,686 | -€23,992 | -71.2% |
| Cash at bank and in hand | 54/58 | €40,913 | €63,132 | +€22,219 | +54.3% |
| Total equity and liabilities | 10/49 | €334,330 | €415,093 | +€80,764 | +24.2% |
| Equity | 10/15 | €30,418 | €91,836 | +€61,418 | +202% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,418 | €69,836 | +€61,418 | +730% |
| Amounts payable | 17/49 | €303,912 | €323,258 | +€19,346 | +6.4% |
| Amounts payable within one year | 42/48 | €303,912 | €323,258 | +€19,346 | +6.4% |
| Trade debts | 44 | €2,934 | €3,174 | +€240 | +8.2% |
| Suppliers | 440/4 | €2,934 | €3,174 | +€240 | +8.2% |
| Taxes, remuneration and social security | 45 | €24,861 | €38,127 | +€13,266 | +53.4% |
| Taxes | 450/3 | €5,369 | €21,019 | +€15,649 | +291% |
| Remuneration and social security | 454/9 | €19,492 | €17,108 | -€2,383 | -12.2% |
| Other amounts payable | 47/48 | €276,117 | €281,957 | +€5,840 | +2.1% |
| Remuneration, social security and pensions | 62 | €208,310 | €203,591 | -€4,720 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,359 | €22,468 | +€11,109 | +97.8% |
| Other operating charges | 640/8 | €11,822 | €1,800 | -€10,022 | -84.8% |
| Gross operating margin | 9900 | €305,338 | €289,853 | -€15,486 | -5.1% |
| Operating profit (loss) | 9901 | €73,846 | €61,994 | -€11,853 | -16.1% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €280 | €400 | +€119 | +42.5% |
| Recurring financial charges | 65 | €280 | €400 | +€119 | +42.5% |
| Profit (loss) for the period before taxes | 9903 | €73,567 | €61,594 | -€11,973 | -16.3% |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | €73,392 | €61,418 | -€11,974 | -16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €73,392 | €61,418 | -€11,974 | -16.3% |
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.