B-EVENTS: 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.
B-EVENTS
Largest movements
- Cash +€133,802
up €133,802 (+290.2%), from €46,110 to €179,912
mainly Net result for the year (+€140,181) and Other debts (+€72,415)
- Stocks and contracts +€68,690
up €68,690 (+308.2%), from €22,284 to €90,974
- Receivables within one year +€29,412
up €29,412 (+22.1%), from €133,250 to €162,663
of which Trade receivables: +€25,043
- Other debts +€72,415
up €72,415 (+72.1%), from €100,497 to €172,912
- Tax, wage and social debts +€54,699
up €54,699 (+908.6%), from €6,020 to €60,719
of which Taxes: +€54,099
- Trade debts +€49,794
new in 2025: €49,794
- Reserves +€30,120
up €30,120 (+24.9%), from €121,040 to €151,160
of which Distributable reserves: +€30,120
- Profit (loss) carried forward +€21,781
up €21,781, from -€21,752 to €29
- Gross operating margin +€214,269
up €214,269 (+4968.9%), from €4,312 to €218,581
- Taxes +€52,508
up €52,508 (+18135.6%), from €290 to €52,798
- Write-downs -€29,750
no longer reported in 2025 (was €29,750)
- Other operating charges +€10,234
up €10,234 (+176.7%), from €5,790 to €16,024
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 | €224,405 | €453,214 | +€228,809 | +102.0% |
| Fixed assets | 21/28 | €12,422 | €11,342 | -€1,081 | -8.7% |
| Tangible fixed assets | 22/27 | €10,337 | €9,257 | -€1,081 | -10.5% |
| Plant, machinery and equipment | 23 | €338 | €61 | -€278 | -82.0% |
| Furniture and vehicles | 24 | €9,999 | €9,196 | -€803 | -8.0% |
| Financial fixed assets | 28 | €2,085 | €2,085 | = | 0.0% |
| Current assets | 29/58 | €211,982 | €441,872 | +€229,890 | +108.4% |
| Stocks and contracts in progress | 3 | €22,284 | €90,974 | +€68,690 | +308.2% |
| Stocks | 30/36 | €22,284 | €90,974 | +€68,690 | +308.2% |
| Amounts receivable within one year | 40/41 | €133,250 | €162,663 | +€29,412 | +22.1% |
| Trade receivables | 40 | €59,456 | €84,499 | +€25,043 | +42.1% |
| Other amounts receivable | 41 | €73,794 | €78,163 | +€4,369 | +5.9% |
| Cash at bank and in hand | 54/58 | €46,110 | €179,912 | +€133,802 | +290.2% |
| Deferred charges and accrued income | 490/1 | €10,338 | €8,323 | -€2,014 | -19.5% |
| Total equity and liabilities | 10/49 | €224,405 | €453,214 | +€228,809 | +102.0% |
| Equity | 10/15 | €117,888 | €169,789 | +€51,901 | +44.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €121,040 | €151,160 | +€30,120 | +24.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €119,180 | €149,300 | +€30,120 | +25.3% |
| Profit (loss) carried forward | 14 | -€21,752 | €29 | +€21,781 | |
| Amounts payable | 17/49 | €106,517 | €283,425 | +€176,908 | +166.1% |
| Amounts payable within one year | 42/48 | €106,517 | €283,425 | +€176,908 | +166.1% |
| Trade debts | 44 | - | €49,794 | +€49,794 | |
| Suppliers | 440/4 | €0 | €49,794 | +€49,794 | |
| Taxes, remuneration and social security | 45 | €6,020 | €60,719 | +€54,699 | +908.6% |
| Taxes | 450/3 | €4,420 | €58,519 | +€54,099 | +1224.0% |
| Remuneration and social security | 454/9 | €1,600 | €2,200 | +€600 | +37.5% |
| Other amounts payable | 47/48 | €100,497 | €172,912 | +€72,415 | +72.1% |
| Remuneration, social security and pensions | 62 | €443 | -€14 | -€457 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,241 | €6,585 | +€344 | +5.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €29,750 | - | -€29,750 | |
| Other operating charges | 640/8 | €5,790 | €16,024 | +€10,234 | +176.7% |
| Non-recurring operating charges | 66A | €760 | - | -€760 | |
| Gross operating margin | 9900 | €4,312 | €218,581 | +€214,269 | +4968.9% |
| Operating profit (loss) | 9901 | -€38,672 | €195,986 | +€234,659 | |
| Financial income | 75/76B | - | €106 | +€106 | |
| Recurring financial income | 75 | - | €106 | +€106 | |
| Financial charges | 65/66B | €4,496 | €3,114 | -€1,383 | -30.8% |
| Recurring financial charges | 65 | €4,496 | €3,114 | -€1,383 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | -€43,169 | €192,978 | +€236,147 | |
| Income taxes | 67/77 | €290 | €52,798 | +€52,508 | +18135.6% |
| Profit (loss) for the period | 9904 | -€43,458 | €140,181 | +€183,639 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,458 | €140,181 | +€183,639 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.