B&F Projects: 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&F Projects
Largest movements
- Tangible fixed assets -€4,040
down €4,040 (-39.8%), from €10,151 to €6,110
- Stocks and contracts +€1,382
new in 2014: €1,382
- Cash -€915
down €915 (-88.1%), from €1,038 to €123
mainly Net result for the year (-€7,183) and Debts after one year (-€5,134)
- Receivables within one year +€289
up €289 (+11.6%), from €2,483 to €2,772
- Debts within one year +€9,033
up €9,033 (+47.4%), from €19,059 to €28,092
- Profit (loss) carried forward -€7,183
down €7,183 (-67.1%), from -€10,708 to -€17,891
- Debts after one year -€5,134
no longer reported in 2014 (was €5,134)
- Gross operating margin +€4,668
up €4,668 (+69.0%), from -€6,769 to -€2,101
From the 2013 result to the 2014 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 2013 and 2014 balance sheets and the 2014 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2013 | 2014 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,672 | €10,387 | -€3,285 | -24.0% |
| Fixed assets | 21/28 | €10,151 | €6,110 | -€4,040 | -39.8% |
| Tangible fixed assets | 22/27 | €10,151 | €6,110 | -€4,040 | -39.8% |
| Current assets | 29/58 | €3,521 | €4,277 | +€756 | +21.5% |
| Stocks and contracts in progress | 3 | - | €1,382 | +€1,382 | |
| Amounts receivable within one year | 40/41 | €2,483 | €2,772 | +€289 | +11.6% |
| Cash at bank and in hand | 54/58 | €1,038 | €123 | -€915 | -88.1% |
| Total equity and liabilities | 10/49 | €13,672 | €10,387 | -€3,285 | -24.0% |
| Equity | 10/15 | -€10,521 | -€17,704 | -€7,183 | -68.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €87 | €87 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,708 | -€17,891 | -€7,183 | -67.1% |
| Amounts payable | 17/49 | €24,193 | €28,092 | +€3,898 | +16.1% |
| Amounts payable after more than one year | 17 | €5,134 | - | -€5,134 | |
| Amounts payable within one year | 42/48 | €19,059 | €28,092 | +€9,033 | +47.4% |
| Trade debts | 44 | €14,195 | €14,338 | +€143 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,040 | €4,040 | = | 0.0% |
| Gross operating margin | 9900 | -€6,769 | -€2,101 | +€4,668 | +69.0% |
| Operating profit (loss) | 9901 | -€11,899 | -€7,087 | +€4,812 | +40.4% |
| Recurring financial income | 75 | €10 | €9 | -€1 | -11.7% |
| Recurring financial charges | 65 | €465 | €86 | -€378 | -81.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,354 | -€7,115 | +€5,238 | +42.4% |
| Income taxes | 67/77 | €2 | €68 | +€66 | +4,038% |
| Profit (loss) for the period | 9904 | -€12,355 | -€7,183 | +€5,172 | +41.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,355 | -€7,183 | +€5,172 | +41.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2013 and 31 December 2014. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.