B.D.: what changed
Two fiscal 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.
What changed
B.D.
NACE 66.220, Insurance agents and brokers
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€19,998
2024 · €21,933-€1,935
Equity
€575,903
2024 · €555,905+€19,998
Cash
-
not filed
Balance sheet total
€2.3m
2024 · €2.4m-€165,574
Largest movements
Assets
- Tangible fixed assets -€165,267
down €165,267 (-6.8%), from €2.4m to €2.2m
of which Land and buildings: -€163,954
Equity and liabilities
- Debts after one year -€324,948
down €324,948 (-24.7%), from €1.3m to €992,429
of which Trade debts: -€174,948
- Other debts +€133,606
up €133,606 (+40.2%), from €332,500 to €466,106
Income statement
- Gross operating margin -€5,602
down €5,602 (-2.3%), from €248,604 to €243,002
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.
Result 2024
€21,933
Gross operating margin
-€5,602
Depreciation
+€1,850
Other operating charges
+€630
Financial income
+€1,009
Financial charges
-€359
Taxes
+€538
Result 2025
€19,998
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,435,395 | €2,269,821 | -€165,574 | -6.8% |
| Fixed assets | 21/28 | €2,414,562 | €2,249,296 | -€165,267 | -6.8% |
| Tangible fixed assets | 22/27 | €2,414,562 | €2,249,296 | -€165,267 | -6.8% |
| Land and buildings | 22 | €2,408,617 | €2,244,662 | -€163,954 | -6.8% |
| Furniture and vehicles | 24 | €5,946 | €4,633 | -€1,312 | -22.1% |
| Current assets | 29/58 | €20,832 | €20,525 | -€307 | -1.5% |
| Amounts receivable within one year | 40/41 | €20,832 | €19,516 | -€1,316 | -6.3% |
| Other amounts receivable | 41 | €20,832 | €19,516 | -€1,316 | -6.3% |
| Deferred charges and accrued income | 490/1 | - | €1,009 | +€1,009 | |
| Total equity and liabilities | 10/49 | €2,435,395 | €2,269,821 | -€165,574 | -6.8% |
| Equity | 10/15 | €555,905 | €575,903 | +€19,998 | +3.6% |
| Contributions | 10/11 | €399,157 | €399,157 | = | 0.0% |
| Capital | 10 | €399,157 | €399,157 | = | 0.0% |
| Issued capital | 100 | €399,157 | €399,157 | = | 0.0% |
| Reserves | 13 | €156,747 | €176,745 | +€19,998 | +12.8% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €95,102 | €89,810 | -€5,292 | -5.6% |
| Distributable reserves | 133 | €51,646 | €76,935 | +€25,290 | +49.0% |
| Provisions and deferred taxes | 16 | €31,701 | €29,937 | -€1,764 | -5.6% |
| Deferred taxes | 168 | €31,701 | €29,937 | -€1,764 | -5.6% |
| Amounts payable | 17/49 | €1,847,789 | €1,663,981 | -€183,808 | -9.9% |
| Amounts payable after more than one year | 17 | €1,317,377 | €992,429 | -€324,948 | -24.7% |
| Financial debts | 170/4 | €470,000 | €320,000 | -€150,000 | -31.9% |
| Trade debts | 175 | €847,377 | €672,429 | -€174,948 | -20.6% |
| Amounts payable within one year | 42/48 | €522,913 | €671,553 | +€148,640 | +28.4% |
| Current portion of amounts payable after more than one year | 42 | €160,391 | €176,689 | +€16,298 | +10.2% |
| Financial debts | 43 | €14,026 | €6,335 | -€7,691 | -54.8% |
| Credit institutions | 430/8 | €14,026 | €6,335 | -€7,691 | -54.8% |
| Taxes, remuneration and social security | 45 | €15,996 | €22,423 | +€6,427 | +40.2% |
| Taxes | 450/3 | €15,996 | €22,423 | +€6,427 | +40.2% |
| Other amounts payable | 47/48 | €332,500 | €466,106 | +€133,606 | +40.2% |
| Accrued charges and deferred income | 492/3 | €7,500 | - | -€7,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €167,117 | €165,267 | -€1,850 | -1.1% |
| Other operating charges | 640/8 | €8,437 | €7,807 | -€630 | -7.5% |
| Gross operating margin | 9900 | €248,604 | €243,002 | -€5,602 | -2.3% |
| Operating profit (loss) | 9901 | €73,051 | €69,929 | -€3,122 | -4.3% |
| Financial income | 75/76B | - | €1,009 | +€1,009 | |
| Recurring financial income | 75 | - | €1,009 | +€1,009 | |
| Financial charges | 65/66B | €42,852 | €43,212 | +€359 | +0.8% |
| Recurring financial charges | 65 | €42,852 | €43,212 | +€359 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €30,199 | €27,726 | -€2,473 | -8.2% |
| Transfer from deferred taxes | 780 | €1,764 | €1,764 | = | 0.0% |
| Income taxes | 67/77 | €10,030 | €9,492 | -€538 | -5.4% |
| Profit (loss) for the period | 9904 | €21,933 | €19,998 | -€1,935 | -8.8% |
| Transfer from tax-exempt reserves | 789 | €5,292 | €5,292 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,225 | €25,290 | -€1,935 | -7.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.