B-CON: 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-CON
Largest movements
- Tangible fixed assets -€30,042
down €30,042 (-7.9%), from €379,167 to €349,125
of which Furniture and vehicles: -€15,125
- Receivables within one year -€20,735
down €20,735 (-89.1%), from €23,285 to €2,550
of which Other amounts receivable: -€13,750
- Cash -€7,952
down €7,952 (-18.5%), from €42,942 to €34,990
mainly Net result for the year (-€27,031) and Debts after one year (-€26,620)
- Profit (loss) carried forward -€27,031
down €27,031 (-87.8%), from -€30,792 to -€57,823
- Debts after one year -€26,620
down €26,620 (-6.4%), from €417,448 to €390,827
of which Financial debts: -€24,067
- Tax, wage and social debts -€4,538
down €4,538 (-100%), from €4,538 to €0
- Gross operating margin -€19,707
down €19,707, from €15,236 to -€4,471
- Depreciation -€6,602
down €6,602 (-30.8%), from €21,433 to €14,831
- Other operating charges -€2,093
down €2,093 (-63.2%), from €3,311 to €1,218
- Financial charges -€464
down €464 (-9.7%), from €4,770 to €4,306
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 | €452,875 | €393,780 | -€59,095 | -13.0% |
| Fixed assets | 21/28 | €384,871 | €353,129 | -€31,742 | -8.2% |
| Intangible fixed assets | 21 | €5,704 | €4,004 | -€1,700 | -29.8% |
| Tangible fixed assets | 22/27 | €379,167 | €349,125 | -€30,042 | -7.9% |
| Land and buildings | 22 | €355,241 | €345,170 | -€10,071 | -2.8% |
| Plant, machinery and equipment | 23 | €6,512 | €1,665 | -€4,846 | -74.4% |
| Furniture and vehicles | 24 | €17,414 | €2,290 | -€15,125 | -86.9% |
| Current assets | 29/58 | €68,005 | €40,652 | -€27,353 | -40.2% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €23,285 | €2,550 | -€20,735 | -89.1% |
| Trade receivables | 40 | €7,553 | €568 | -€6,986 | -92.5% |
| Other amounts receivable | 41 | €15,732 | €1,982 | -€13,750 | -87.4% |
| Cash at bank and in hand | 54/58 | €42,942 | €34,990 | -€7,952 | -18.5% |
| Deferred charges and accrued income | 490/1 | €1,778 | €3,113 | +€1,335 | +75.1% |
| Total equity and liabilities | 10/49 | €452,875 | €393,780 | -€59,095 | -13.0% |
| Equity | 10/15 | €2,830 | -€24,201 | -€27,031 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €28,622 | €28,622 | = | 0.0% |
| Distributable reserves | 133 | €28,622 | €28,622 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,792 | -€57,823 | -€27,031 | -87.8% |
| Amounts payable | 17/49 | €450,045 | €417,982 | -€32,063 | -7.1% |
| Amounts payable after more than one year | 17 | €417,448 | €390,827 | -€26,620 | -6.4% |
| Financial debts | 170/4 | €223,911 | €199,844 | -€24,067 | -10.7% |
| Other amounts payable | 178/9 | €193,537 | €190,983 | -€2,554 | -1.3% |
| Amounts payable within one year | 42/48 | €32,191 | €27,137 | -€5,054 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €24,067 | €24,067 | = | 0.0% |
| Trade debts | 44 | €3,586 | €3,071 | -€515 | -14.4% |
| Suppliers | 440/4 | €3,586 | €3,071 | -€515 | -14.4% |
| Taxes, remuneration and social security | 45 | €4,538 | €0 | -€4,538 | -100% |
| Taxes | 450/3 | €4,538 | €0 | -€4,538 | -100% |
| Accrued charges and deferred income | 492/3 | €406 | €17 | -€389 | -95.9% |
| Non-recurring operating income | 76A | €4,244 | €8,744 | +€4,500 | +106% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,433 | €14,831 | -€6,602 | -30.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,311 | €1,218 | -€2,093 | -63.2% |
| Non-recurring operating charges | 66A | €16,513 | €2,205 | -€14,308 | -86.6% |
| Gross operating margin | 9900 | €15,236 | -€4,471 | -€19,707 | |
| Operating profit (loss) | 9901 | -€26,022 | -€22,725 | +€3,296 | +12.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €4,770 | €4,306 | -€464 | -9.7% |
| Recurring financial charges | 65 | €4,770 | €4,306 | -€464 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | -€30,792 | -€27,031 | +€3,761 | +12.2% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€30,792 | -€27,031 | +€3,761 | +12.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,792 | -€27,031 | +€3,761 | +12.2% |
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.