B-Draft: 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-Draft
Largest movements
- Cash +€6,261
up €6,261 (+53.6%), from €11,682 to €17,943
mainly Net result for the year (+€10,559) and Depreciation (+€7,304)
- Tangible fixed assets -€5,694
down €5,694 (-14.1%), from €40,409 to €34,715
- Reserves +€10,559
up €10,559 (+61.7%), from €17,121 to €27,680
- Debts after one year -€7,256
no longer reported in 2025 (was €7,256)
- Current portion of long-term debt -€5,015
down €5,015 (-40.9%), from €12,272 to €7,256
- Trade debts +€3,971
new in 2025: €3,971
- Accrued charges and deferred income -€2,285
no longer reported in 2025 (was €2,285)
- Gross operating margin +€4,678
up €4,678 (+25.2%), from €18,566 to €23,243
- Taxes +€1,795
up €1,795 (+71.8%), from €2,502 to €4,297
- Depreciation -€239
down €239 (-3.2%), from €7,542 to €7,304
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 | €52,225 | €53,096 | +€871 | +1.7% |
| Fixed assets | 21/28 | €40,409 | €34,715 | -€5,694 | -14.1% |
| Tangible fixed assets | 22/27 | €40,409 | €34,715 | -€5,694 | -14.1% |
| Furniture and vehicles | 24 | €40,409 | €34,715 | -€5,694 | -14.1% |
| Current assets | 29/58 | €11,816 | €18,381 | +€6,565 | +55.6% |
| Cash at bank and in hand | 54/58 | €11,682 | €17,943 | +€6,261 | +53.6% |
| Deferred charges and accrued income | 490/1 | €134 | €438 | +€304 | +228% |
| Total equity and liabilities | 10/49 | €52,225 | €53,096 | +€871 | +1.7% |
| Equity | 10/15 | €18,121 | €28,680 | +€10,559 | +58.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €17,121 | €27,680 | +€10,559 | +61.7% |
| Distributable reserves | 133 | €17,121 | €27,680 | +€10,559 | +61.7% |
| Amounts payable | 17/49 | €34,104 | €24,416 | -€9,688 | -28.4% |
| Amounts payable after more than one year | 17 | €7,256 | - | -€7,256 | |
| Financial debts | 170/4 | €7,256 | - | -€7,256 | |
| Amounts payable within one year | 42/48 | €24,562 | €24,416 | -€147 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €12,272 | €7,256 | -€5,015 | -40.9% |
| Trade debts | 44 | - | €3,971 | +€3,971 | |
| Suppliers | 440/4 | - | €3,971 | +€3,971 | |
| Taxes, remuneration and social security | 45 | €6,806 | €7,291 | +€485 | +7.1% |
| Taxes | 450/3 | €6,806 | €7,291 | +€485 | +7.1% |
| Other amounts payable | 47/48 | €5,485 | €5,898 | +€413 | +7.5% |
| Accrued charges and deferred income | 492/3 | €2,285 | - | -€2,285 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,542 | €7,304 | -€239 | -3.2% |
| Other operating charges | 640/8 | €671 | €693 | +€22 | +3.3% |
| Gross operating margin | 9900 | €18,566 | €23,243 | +€4,678 | +25.2% |
| Operating profit (loss) | 9901 | €10,352 | €15,246 | +€4,894 | +47.3% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €597 | €390 | -€207 | -34.6% |
| Recurring financial charges | 65 | €597 | €390 | -€207 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | €9,766 | €14,856 | +€5,091 | +52.1% |
| Income taxes | 67/77 | €2,502 | €4,297 | +€1,795 | +71.8% |
| Profit (loss) for the period | 9904 | €7,264 | €10,559 | +€3,295 | +45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,264 | €10,559 | +€3,295 | +45.4% |
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 17 October 2026 via checked.be.