B-hive: 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-hive
Largest movements
- Receivables within one year -€24,429
down €24,429 (-94.6%), from €25,812 to €1,383
of which Other amounts receivable: -€20,639
- Cash +€2,271
up €2,271 (+22.9%), from €9,909 to €12,180
mainly Receivables within one year (+€24,429) and Other debts (+€12,693)
- Tangible fixed assets -€1,160
down €1,160 (-14.9%), from €7,759 to €6,599
- Profit (loss) carried forward -€39,498
down €39,498 (-100.0%), from €39,498 to €0
- Other debts +€12,693
new in 2025: €12,693
- Tax, wage and social debts +€3,624
up €3,624 (+148.2%), from €2,446 to €6,069
- Gross operating margin -€11,735
down €11,735 (-85.5%), from €13,730 to €1,995
- Taxes -€3,181
down €3,181 (-100.0%), from €3,181 to €0
- Financial income -€628
down €628 (-100.0%), from €628 to €0
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.
Cash bridge derived
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 | €43,479 | €20,162 | -€23,317 | -53.6% |
| Fixed assets | 21/28 | €7,759 | €6,599 | -€1,160 | -14.9% |
| Tangible fixed assets | 22/27 | €7,759 | €6,599 | -€1,160 | -14.9% |
| Other tangible fixed assets | 26 | €7,759 | €6,599 | -€1,160 | -14.9% |
| Current assets | 29/58 | €35,720 | €13,563 | -€22,158 | -62.0% |
| Amounts receivable within one year | 40/41 | €25,812 | €1,383 | -€24,429 | -94.6% |
| Trade receivables | 40 | €5,000 | €1,210 | -€3,790 | -75.8% |
| Other amounts receivable | 41 | €20,812 | €173 | -€20,639 | -99.2% |
| Cash at bank and in hand | 54/58 | €9,909 | €12,180 | +€2,271 | +22.9% |
| Total equity and liabilities | 10/49 | €43,479 | €20,162 | -€23,317 | -53.6% |
| Equity | 10/15 | €40,498 | €1,000 | -€39,498 | -97.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,498 | €0 | -€39,498 | -100.0% |
| Amounts payable | 17/49 | €2,981 | €19,162 | +€16,181 | +542.8% |
| Amounts payable within one year | 42/48 | €2,981 | €19,162 | +€16,181 | +542.8% |
| Trade debts | 44 | €535 | €400 | -€136 | -25.3% |
| Suppliers | 440/4 | €535 | €400 | -€136 | -25.3% |
| Taxes, remuneration and social security | 45 | €2,446 | €6,069 | +€3,624 | +148.2% |
| Taxes | 450/3 | €2,446 | €6,069 | +€3,624 | +148.2% |
| Other amounts payable | 47/48 | - | €12,693 | +€12,693 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,160 | €1,160 | = | 0.0% |
| Other operating charges | 640/8 | €580 | €711 | +€130 | +22.5% |
| Gross operating margin | 9900 | €13,730 | €1,995 | -€11,735 | -85.5% |
| Operating profit (loss) | 9901 | €11,990 | €125 | -€11,865 | -99.0% |
| Financial income | 75/76B | €628 | €0 | -€628 | -100.0% |
| Recurring financial income | 75 | €628 | €0 | -€628 | -100.0% |
| Financial charges | 65/66B | €190 | €70 | -€120 | -63.2% |
| Recurring financial charges | 65 | €190 | €70 | -€120 | -63.2% |
| Profit (loss) for the period before taxes | 9903 | €12,428 | €55 | -€12,373 | -99.6% |
| Income taxes | 67/77 | €3,181 | €0 | -€3,181 | -100.0% |
| Profit (loss) for the period | 9904 | €9,247 | €55 | -€9,192 | -99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,247 | €55 | -€9,192 | -99.4% |
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 11 October 2026 via checked.be.