B-FRESH: 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-FRESH
Largest movements
- Receivables within one year +€7,659
up €7,659 (+3.5%), from €217,963 to €225,622
of which Trade receivables: +€11,059
- Other debts +€6,000
up €6,000 (+2.5%), from €242,000 to €248,000
- Profit (loss) carried forward -€4,075
down €4,075 (-7.5%), from -€54,064 to -€58,139
- Depreciation +€1,351
up €1,351 (+204%), from €662 to €2,013
- Gross operating margin +€1,254
up €1,254 (+48.3%), from -€2,597 to -€1,343
- Other operating charges -€258
down €258 (-27.6%), from €934 to €676
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 | €226,602 | €230,511 | +€3,909 | +1.7% |
| Fixed assets | 21/28 | €5,620 | €3,608 | -€2,013 | -35.8% |
| Tangible fixed assets | 22/27 | €5,438 | €3,425 | -€2,013 | -37.0% |
| Furniture and vehicles | 24 | €5,438 | €3,425 | -€2,013 | -37.0% |
| Financial fixed assets | 28 | €183 | €183 | = | 0.0% |
| Current assets | 29/58 | €220,982 | €226,903 | +€5,922 | +2.7% |
| Amounts receivable within one year | 40/41 | €217,963 | €225,622 | +€7,659 | +3.5% |
| Trade receivables | 40 | €43,549 | €54,608 | +€11,059 | +25.4% |
| Other amounts receivable | 41 | €174,414 | €171,014 | -€3,400 | -1.9% |
| Cash at bank and in hand | 54/58 | €2,656 | €910 | -€1,746 | -65.7% |
| Deferred charges and accrued income | 490/1 | €363 | €371 | +€8 | +2.3% |
| Total equity and liabilities | 10/49 | €226,602 | €230,511 | +€3,909 | +1.7% |
| Equity | 10/15 | -€16,097 | -€20,172 | -€4,075 | -25.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €31,767 | €31,767 | = | 0.0% |
| Distributable reserves | 133 | €31,767 | €31,767 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,064 | -€58,139 | -€4,075 | -7.5% |
| Amounts payable | 17/49 | €242,699 | €250,683 | +€7,984 | +3.3% |
| Amounts payable within one year | 42/48 | €242,699 | €250,683 | +€7,984 | +3.3% |
| Trade debts | 44 | €699 | €2,683 | +€1,984 | +284% |
| Suppliers | 440/4 | €699 | €2,683 | +€1,984 | +284% |
| Other amounts payable | 47/48 | €242,000 | €248,000 | +€6,000 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €662 | €2,013 | +€1,351 | +204% |
| Other operating charges | 640/8 | €934 | €676 | -€258 | -27.6% |
| Gross operating margin | 9900 | -€2,597 | -€1,343 | +€1,254 | +48.3% |
| Operating profit (loss) | 9901 | -€4,193 | -€4,031 | +€161 | +3.9% |
| Financial charges | 65/66B | €41 | €44 | +€3 | +6.6% |
| Recurring financial charges | 65 | €41 | €44 | +€3 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,234 | -€4,075 | +€159 | +3.7% |
| Profit (loss) for the period | 9904 | -€4,234 | -€4,075 | +€159 | +3.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,234 | -€4,075 | +€159 | +3.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.