B&D: 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&D
Largest movements
- Cash +€8,414
up €8,414 (+38.0%), from €22,153 to €30,568
mainly Debts after one year (+€14,941) and Current portion of long-term debt (+€8,086)
- Receivables within one year -€2,971
down €2,971 (-21.3%), from €13,964 to €10,993
of which Trade receivables: -€3,872
- Debts after one year +€14,941
new in 2025: €14,941
- Tax, wage and social debts -€9,863
down €9,863 (-49.8%), from €19,824 to €9,961
of which Taxes: -€7,005
- Profit (loss) carried forward -€8,327
new in 2025: -€8,327
- Current portion of long-term debt +€8,086
new in 2025: €8,086
- Trade debts +€607
new in 2025: €607
- Gross operating margin -€25,778
down €25,778, from €18,816 to -€6,962
- Taxes -€4,484
down €4,484 (-90.0%), from €4,980 to €496
- Financial charges +€406
up €406 (+113.7%), from €357 to €763
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.
Cash bridge derived
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 | €36,117 | €41,561 | +€5,443 | +15.1% |
| Current assets | 29/58 | €36,117 | €41,561 | +€5,443 | +15.1% |
| Amounts receivable within one year | 40/41 | €13,964 | €10,993 | -€2,971 | -21.3% |
| Trade receivables | 40 | €3,872 | - | -€3,872 | |
| Other amounts receivable | 41 | €10,092 | €10,993 | +€901 | +8.9% |
| Cash at bank and in hand | 54/58 | €22,153 | €30,568 | +€8,414 | +38.0% |
| Total equity and liabilities | 10/49 | €36,117 | €41,561 | +€5,443 | +15.1% |
| Equity | 10/15 | €16,293 | €7,965 | -€8,327 | -51.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €13,293 | €13,293 | = | 0.0% |
| Distributable reserves | 133 | €13,293 | €13,293 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€8,327 | -€8,327 | |
| Amounts payable | 17/49 | €19,824 | €33,595 | +€13,771 | +69.5% |
| Amounts payable after more than one year | 17 | - | €14,941 | +€14,941 | |
| Financial debts | 170/4 | - | €14,941 | +€14,941 | |
| Amounts payable within one year | 42/48 | €19,824 | €18,654 | -€1,171 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | - | €8,086 | +€8,086 | |
| Trade debts | 44 | - | €607 | +€607 | |
| Suppliers | 440/4 | - | €607 | +€607 | |
| Taxes, remuneration and social security | 45 | €19,824 | €9,961 | -€9,863 | -49.8% |
| Taxes | 450/3 | €13,513 | €6,508 | -€7,005 | -51.8% |
| Remuneration and social security | 454/9 | €6,312 | €3,454 | -€2,858 | -45.3% |
| Other operating charges | 640/8 | €185 | €106 | -€79 | -42.8% |
| Gross operating margin | 9900 | €18,816 | -€6,962 | -€25,778 | |
| Operating profit (loss) | 9901 | €18,630 | -€7,068 | -€25,698 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €357 | €763 | +€406 | +113.7% |
| Recurring financial charges | 65 | €357 | €763 | +€406 | +113.7% |
| Profit (loss) for the period before taxes | 9903 | €18,273 | -€7,831 | -€26,104 | |
| Income taxes | 67/77 | €4,980 | €496 | -€4,484 | -90.0% |
| Profit (loss) for the period | 9904 | €13,293 | -€8,327 | -€21,620 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,293 | -€8,327 | -€21,620 |
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 12 October 2026 via checked.be.