B-FINANCE: 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-FINANCE
Largest movements
- Receivables within one year +€91,565
up €91,565 (+316%), from €28,949 to €120,514
of which Other amounts receivable: +€81,950
- Cash -€23,757
down €23,757 (-63.4%), from €37,473 to €13,716
mainly Receivables within one year (-€91,565) and Contributions, distributions and other (-€0)
- Profit (loss) carried forward +€112,665
new in 2025: €112,665
- Reserves -€47,017
no longer reported in 2025 (was €47,017)
- Tax, wage and social debts +€2,161
up €2,161 (+11.7%), from €18,404 to €20,565
- Gross operating margin +€33,280
up €33,280 (+29.3%), from €113,484 to €146,764
- Turnover +€30,571
up €30,571 (+26.3%), from €116,193 to €146,764
- Staff costs +€7,575
up €7,575 (+13.8%), from €54,713 to €62,288
- Taxes +€4,658
up €4,658 (+39.6%), from €11,754 to €16,412
- Purchases and services -€2,709
no longer reported in 2025 (was €2,709)
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 | €66,421 | €134,230 | +€67,809 | +102% |
| Current assets | 29/58 | €66,421 | €134,230 | +€67,809 | +102% |
| Amounts receivable within one year | 40/41 | €28,949 | €120,514 | +€91,565 | +316% |
| Trade receivables | 40 | €4,708 | €14,323 | +€9,615 | +204% |
| Other amounts receivable | 41 | €24,241 | €106,191 | +€81,950 | +338% |
| Cash at bank and in hand | 54/58 | €37,473 | €13,716 | -€23,757 | -63.4% |
| Total equity and liabilities | 10/49 | €66,421 | €134,230 | +€67,809 | +102% |
| Equity | 10/15 | €48,017 | €113,665 | +€65,648 | +137% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €47,017 | - | -€47,017 | |
| Distributable reserves | 133 | €47,017 | - | -€47,017 | |
| Profit (loss) carried forward | 14 | - | €112,665 | +€112,665 | |
| Amounts payable | 17/49 | €18,404 | €20,565 | +€2,161 | +11.7% |
| Amounts payable within one year | 42/48 | €18,404 | €20,565 | +€2,161 | +11.7% |
| Taxes, remuneration and social security | 45 | €18,404 | €20,565 | +€2,161 | +11.7% |
| Taxes | 450/3 | €18,404 | €20,565 | +€2,161 | +11.7% |
| Turnover | 70 | €116,193 | €146,764 | +€30,571 | +26.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,709 | - | -€2,709 | |
| Remuneration, social security and pensions | 62 | €54,713 | €62,288 | +€7,575 | +13.8% |
| Other operating charges | 640/8 | - | €2,416 | +€2,416 | |
| Gross operating margin | 9900 | €113,484 | €146,764 | +€33,280 | +29.3% |
| Operating profit (loss) | 9901 | €58,771 | €82,060 | +€23,289 | +39.6% |
| Profit (loss) for the period before taxes | 9903 | €58,771 | €82,060 | +€23,289 | +39.6% |
| Income taxes | 67/77 | €11,754 | €16,412 | +€4,658 | +39.6% |
| Profit (loss) for the period | 9904 | €47,017 | €65,648 | +€18,631 | +39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €47,017 | €65,648 | +€18,631 | +39.6% |
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.