B en R: 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 en R
Largest movements
- Cash +€19,730
up €19,730 (+55.4%), from €35,625 to €55,355
mainly Depreciation (+€16,972) and Net result for the year (+€10,169)
- Tangible fixed assets -€8,835
down €8,835 (-5.8%), from €152,641 to €143,806
- Reserves +€10,169
up €10,169 (+13.2%), from €77,252 to €87,421
of which Distributable reserves: +€10,169
- Trade debts +€3,700
new in 2025: €3,700
- Tax, wage and social debts -€2,948
down €2,948 (-48.6%), from €6,065 to €3,117
- Gross operating margin +€6,247
up €6,247 (+21.5%), from €29,115 to €35,363
- Depreciation +€1,597
up €1,597 (+10.4%), from €15,374 to €16,972
- Taxes +€1,437
up €1,437 (+55.5%), from €2,590 to €4,027
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 | €188,266 | €199,161 | +€10,895 | +5.8% |
| Fixed assets | 21/28 | €152,641 | €143,806 | -€8,835 | -5.8% |
| Tangible fixed assets | 22/27 | €152,641 | €143,806 | -€8,835 | -5.8% |
| Land and buildings | 22 | €152,641 | €143,806 | -€8,835 | -5.8% |
| Current assets | 29/58 | €35,625 | €55,355 | +€19,730 | +55.4% |
| Cash at bank and in hand | 54/58 | €35,625 | €55,355 | +€19,730 | +55.4% |
| Total equity and liabilities | 10/49 | €188,266 | €199,161 | +€10,895 | +5.8% |
| Equity | 10/15 | €139,252 | €149,421 | +€10,169 | +7.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | - | -€62,000 | |
| Issued capital | 100 | €62,000 | - | -€62,000 | |
| Contributions outside capital | 11 | - | €62,000 | +€62,000 | |
| Share premium | 1100/10 | - | €62,000 | +€62,000 | |
| Reserves | 13 | €77,252 | €87,421 | +€10,169 | +13.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €71,052 | €81,221 | +€10,169 | +14.3% |
| Amounts payable | 17/49 | €49,014 | €49,741 | +€726 | +1.5% |
| Amounts payable within one year | 42/48 | €49,014 | €49,741 | +€726 | +1.5% |
| Trade debts | 44 | - | €3,700 | +€3,700 | |
| Suppliers | 440/4 | - | €3,700 | +€3,700 | |
| Taxes, remuneration and social security | 45 | €6,065 | €3,117 | -€2,948 | -48.6% |
| Taxes | 450/3 | €6,065 | €3,117 | -€2,948 | -48.6% |
| Other amounts payable | 47/48 | €42,949 | €42,924 | -€25 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,374 | €16,972 | +€1,597 | +10.4% |
| Other operating charges | 640/8 | €4,225 | €4,202 | -€23 | -0.5% |
| Gross operating margin | 9900 | €29,115 | €35,363 | +€6,247 | +21.5% |
| Operating profit (loss) | 9901 | €9,516 | €14,189 | +€4,673 | +49.1% |
| Financial income | 75/76B | €71 | €107 | +€36 | +50.9% |
| Recurring financial income | 75 | €71 | €107 | +€36 | +50.9% |
| Financial charges | 65/66B | €90 | €100 | +€10 | +11.5% |
| Recurring financial charges | 65 | €90 | €100 | +€10 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €9,497 | €14,196 | +€4,699 | +49.5% |
| Income taxes | 67/77 | €2,590 | €4,027 | +€1,437 | +55.5% |
| Profit (loss) for the period | 9904 | €6,907 | €10,169 | +€3,262 | +47.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,907 | €10,169 | +€3,262 | +47.2% |
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 17 October 2026 via checked.be.