B&Fin: 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&Fin
Largest movements
- Cash -€45,760
down €45,760 (-68.8%), from €66,472 to €20,712
mainly Receivables within one year (-€30,681) and Trade debts (-€21,866)
- Receivables within one year +€30,681
up €30,681 (+845%), from €3,630 to €34,311
of which Trade receivables: +€23,570
- Deferred charges and accrued income +€3,665
new in 2025: €3,665
- Trade debts -€21,866
down €21,866 (-92.7%), from €23,582 to €1,716
- Reserves +€8,178
up €8,178 (+27.3%), from €29,918 to €38,095
- Tax, wage and social debts +€2,299
up €2,299 (+14.3%), from €16,078 to €18,377
- Gross operating margin -€25,936
down €25,936 (-69.2%), from €37,494 to €11,558
- Taxes -€4,498
down €4,498 (-59.4%), from €7,570 to €3,073
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 | €70,102 | €58,688 | -€11,413 | -16.3% |
| Current assets | 29/58 | €70,102 | €58,688 | -€11,413 | -16.3% |
| Amounts receivable within one year | 40/41 | €3,630 | €34,311 | +€30,681 | +845% |
| Trade receivables | 40 | €3,630 | €27,200 | +€23,570 | +649% |
| Other amounts receivable | 41 | - | €7,111 | +€7,111 | |
| Cash at bank and in hand | 54/58 | €66,472 | €20,712 | -€45,760 | -68.8% |
| Deferred charges and accrued income | 490/1 | - | €3,665 | +€3,665 | |
| Total equity and liabilities | 10/49 | €70,102 | €58,688 | -€11,413 | -16.3% |
| Equity | 10/15 | €30,418 | €38,595 | +€8,178 | +26.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €29,918 | €38,095 | +€8,178 | +27.3% |
| Distributable reserves | 133 | €29,918 | €38,095 | +€8,178 | +27.3% |
| Amounts payable | 17/49 | €39,684 | €20,093 | -€19,591 | -49.4% |
| Amounts payable within one year | 42/48 | €39,684 | €20,093 | -€19,591 | -49.4% |
| Trade debts | 44 | €23,582 | €1,716 | -€21,866 | -92.7% |
| Suppliers | 440/4 | €23,582 | €1,716 | -€21,866 | -92.7% |
| Taxes, remuneration and social security | 45 | €16,078 | €18,377 | +€2,299 | +14.3% |
| Taxes | 450/3 | €16,078 | €18,377 | +€2,299 | +14.3% |
| Other amounts payable | 47/48 | €24 | €0 | -€24 | -100% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €37,494 | €11,558 | -€25,936 | -69.2% |
| Operating profit (loss) | 9901 | €37,494 | €11,438 | -€26,056 | -69.5% |
| Financial income | 75/76B | - | €51 | +€51 | |
| Recurring financial income | 75 | - | €51 | +€51 | |
| Financial charges | 65/66B | €6 | €239 | +€233 | +3,975% |
| Recurring financial charges | 65 | €6 | €239 | +€233 | +3,975% |
| Profit (loss) for the period before taxes | 9903 | €37,488 | €11,250 | -€26,238 | -70.0% |
| Income taxes | 67/77 | €7,570 | €3,073 | -€4,498 | -59.4% |
| Profit (loss) for the period | 9904 | €29,918 | €8,178 | -€21,740 | -72.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,918 | €8,178 | -€21,740 | -72.7% |
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 28 October 2026 via checked.be.