B-GT: 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-GT
Largest movements
- Receivables within one year -€9,473
down €9,473 (-22.7%), from €41,709 to €32,236
of which Trade receivables: -€10,375
- Cash +€2,578
up €2,578 (+190%), from €1,355 to €3,933
mainly Receivables within one year (+€9,473) and Depreciation (+€1,500)
- Deferred charges and accrued income +€1,619
up €1,619 (+174%), from €928 to €2,547
- Intangible fixed assets -€1,500
down €1,500 (-52.7%), from €2,848 to €1,348
- Debts after one year -€5,000
down €5,000 (-50.0%), from €10,000 to €5,000
- Trade debts -€2,668
down €2,668 (-72.4%), from €3,684 to €1,016
- Tax, wage and social debts +€1,311
up €1,311 (+17.9%), from €7,317 to €8,628
of which Taxes: +€4,945
- Gross operating margin -€4,129
down €4,129 (-41.5%), from €9,959 to €5,831
- Taxes -€1,113
down €1,113 (-32.2%), from €3,462 to €2,349
- Other operating charges +€135
up €135 (+15.4%), from €879 to €1,014
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 | €47,240 | €40,464 | -€6,776 | -14.3% |
| Fixed assets | 21/28 | €3,248 | €1,748 | -€1,500 | -46.2% |
| Intangible fixed assets | 21 | €2,848 | €1,348 | -€1,500 | -52.7% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €43,992 | €38,716 | -€5,276 | -12.0% |
| Amounts receivable within one year | 40/41 | €41,709 | €32,236 | -€9,473 | -22.7% |
| Trade receivables | 40 | €41,709 | €31,334 | -€10,375 | -24.9% |
| Other amounts receivable | 41 | - | €901 | +€901 | |
| Cash at bank and in hand | 54/58 | €1,355 | €3,933 | +€2,578 | +190% |
| Deferred charges and accrued income | 490/1 | €928 | €2,547 | +€1,619 | +174% |
| Total equity and liabilities | 10/49 | €47,240 | €40,464 | -€6,776 | -14.3% |
| Equity | 10/15 | €19,130 | €18,902 | -€228 | -1.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €12,930 | €12,702 | -€228 | -1.8% |
| Distributable reserves | 133 | €12,930 | €12,702 | -€228 | -1.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,110 | €21,561 | -€6,548 | -23.3% |
| Amounts payable after more than one year | 17 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Financial debts | 170/4 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Amounts payable within one year | 42/48 | €18,110 | €16,561 | -€1,548 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €5,000 | = | 0.0% |
| Financial debts | 43 | - | €14 | +€14 | |
| Credit institutions | 430/8 | - | €14 | +€14 | |
| Trade debts | 44 | €3,684 | €1,016 | -€2,668 | -72.4% |
| Suppliers | 440/4 | €3,684 | €1,016 | -€2,668 | -72.4% |
| Taxes, remuneration and social security | 45 | €7,317 | €8,628 | +€1,311 | +17.9% |
| Taxes | 450/3 | €3,683 | €8,628 | +€4,945 | +134% |
| Remuneration and social security | 454/9 | €3,633 | €0 | -€3,633 | -100% |
| Other amounts payable | 47/48 | €2,109 | €1,903 | -€206 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,500 | €1,500 | = | 0.0% |
| Other operating charges | 640/8 | €879 | €1,014 | +€135 | +15.4% |
| Gross operating margin | 9900 | €9,959 | €5,831 | -€4,129 | -41.5% |
| Operating profit (loss) | 9901 | €7,581 | €3,317 | -€4,264 | -56.2% |
| Financial charges | 65/66B | €279 | €363 | +€85 | +30.4% |
| Recurring financial charges | 65 | €279 | €363 | +€85 | +30.4% |
| Profit (loss) for the period before taxes | 9903 | €7,302 | €2,954 | -€4,348 | -59.6% |
| Income taxes | 67/77 | €3,462 | €2,349 | -€1,113 | -32.2% |
| Profit (loss) for the period | 9904 | €3,840 | €605 | -€3,235 | -84.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,840 | €605 | -€3,235 | -84.2% |
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 16 October 2026 via checked.be.