B&D Advice: 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 Advice
Largest movements
- Tangible fixed assets -€24,810
down €24,810 (-23.6%), from €104,971 to €80,161
of which Land and buildings: -€24,055
- Receivables within one year -€10,660
down €10,660 (-11.2%), from €94,873 to €84,213
of which Trade receivables: -€19,529
- Cash +€6,170
up €6,170 (+8.5%), from €72,951 to €79,121
mainly Depreciation (+€29,023) and Receivables within one year (+€10,660)
- Deferred charges and accrued income -€3,475
no longer reported in 2025 (was €3,475)
- Debts after one year -€34,528
down €34,528 (-62.3%), from €55,396 to €20,868
- Tax, wage and social debts +€2,980
up €2,980 (+265%), from €1,125 to €4,105
- Financial charges -€74,828
down €74,828 (-91.3%), from €81,955 to €7,127
of which Non-recurring financial charges: -€74,368
- Gross operating margin -€21,854
down €21,854 (-39.0%), from €56,015 to €34,161
- Taxes -€3,920
no longer reported in 2025 (was €3,920)
- Depreciation +€759
up €759 (+2.7%), from €28,263 to €29,023
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 | €276,271 | €243,495 | -€32,776 | -11.9% |
| Fixed assets | 21/28 | €104,971 | €80,161 | -€24,810 | -23.6% |
| Tangible fixed assets | 22/27 | €104,971 | €80,161 | -€24,810 | -23.6% |
| Land and buildings | 22 | €85,312 | €61,257 | -€24,055 | -28.2% |
| Plant, machinery and equipment | 23 | €11,663 | €10,137 | -€1,526 | -13.1% |
| Furniture and vehicles | 24 | €7,997 | €8,767 | +€771 | +9.6% |
| Current assets | 29/58 | €171,300 | €163,334 | -€7,966 | -4.7% |
| Amounts receivable within one year | 40/41 | €94,873 | €84,213 | -€10,660 | -11.2% |
| Trade receivables | 40 | €22,024 | €2,495 | -€19,529 | -88.7% |
| Other amounts receivable | 41 | €72,849 | €81,718 | +€8,868 | +12.2% |
| Cash at bank and in hand | 54/58 | €72,951 | €79,121 | +€6,170 | +8.5% |
| Deferred charges and accrued income | 490/1 | €3,475 | - | -€3,475 | |
| Total equity and liabilities | 10/49 | €276,271 | €243,495 | -€32,776 | -11.9% |
| Equity | 10/15 | €178,370 | €177,578 | -€792 | -0.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €160,477 | €160,477 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | - | -€7,500 | |
| Reserves not available under the articles | 1311 | €7,500 | - | -€7,500 | |
| Distributable reserves | 133 | €152,977 | €160,477 | +€7,500 | +4.9% |
| Profit (loss) carried forward | 14 | -€57,107 | -€57,899 | -€792 | -1.4% |
| Amounts payable | 17/49 | €97,901 | €65,917 | -€31,985 | -32.7% |
| Amounts payable after more than one year | 17 | €55,396 | €20,868 | -€34,528 | -62.3% |
| Financial debts | 170/4 | €55,396 | €20,868 | -€34,528 | -62.3% |
| Amounts payable within one year | 42/48 | €42,505 | €45,048 | +€2,544 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €37,337 | €38,850 | +€1,513 | +4.1% |
| Trade debts | 44 | €4,043 | €2,094 | -€1,949 | -48.2% |
| Suppliers | 440/4 | €4,043 | €2,094 | -€1,949 | -48.2% |
| Taxes, remuneration and social security | 45 | €1,125 | €4,105 | +€2,980 | +265% |
| Taxes | 450/3 | €1,125 | €4,105 | +€2,980 | +265% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,263 | €29,023 | +€759 | +2.7% |
| Other operating charges | 640/8 | €2,379 | €2,393 | +€14 | +0.6% |
| Gross operating margin | 9900 | €56,015 | €34,161 | -€21,854 | -39.0% |
| Operating profit (loss) | 9901 | €25,373 | €2,745 | -€22,628 | -89.2% |
| Financial income | 75/76B | €3,395 | €3,591 | +€196 | +5.8% |
| Recurring financial income | 75 | €3,395 | €3,591 | +€196 | +5.8% |
| Financial charges | 65/66B | €81,955 | €7,127 | -€74,828 | -91.3% |
| Recurring financial charges | 65 | €7,587 | €7,127 | -€460 | -6.1% |
| Non-recurring financial charges | 66B | €74,368 | - | -€74,368 | |
| Profit (loss) for the period before taxes | 9903 | -€53,188 | -€792 | +€52,396 | +98.5% |
| Income taxes | 67/77 | €3,920 | - | -€3,920 | |
| Profit (loss) for the period | 9904 | -€57,107 | -€792 | +€56,316 | +98.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,107 | -€792 | +€56,316 | +98.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.