B&I ADVICE: 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&I ADVICE
Largest movements
- Receivables within one year +€127,790
up €127,790 (+39.2%), from €326,293 to €454,083
of which Trade receivables: +€93,930
- Cash +€15,468
up €15,468 (+170%), from €9,112 to €24,580
mainly Trade debts (+€96,183) and Net result for the year (+€26,951)
- Stocks and contracts -€9,179
no longer reported in 2024 (was €9,179)
- Trade debts +€96,183
up €96,183 (+37.0%), from €259,764 to €355,947
- Profit (loss) carried forward +€26,951
up €26,951 (+127%), from €21,279 to €48,230
- Tax, wage and social debts +€10,193
up €10,193 (+67.4%), from €15,119 to €25,311
- Gross operating margin +€5,881
up €5,881 (+14.1%), from €41,602 to €47,483
- Financial charges +€4,125
up €4,125 (+341%), from €1,210 to €5,335
- Financial income +€1,652
up €1,652 (+123%), from €1,341 to €2,993
- Depreciation -€593
down €593 (-11.4%), from €5,216 to €4,622
- Other operating charges -€581
down €581 (-38.2%), from €1,521 to €940
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €355,107 | €491,444 | +€136,338 | +38.4% |
| Fixed assets | 21/28 | €9,901 | €11,770 | +€1,869 | +18.9% |
| Tangible fixed assets | 22/27 | €9,901 | €11,770 | +€1,869 | +18.9% |
| Plant, machinery and equipment | 23 | €7,123 | €8,913 | +€1,790 | +25.1% |
| Furniture and vehicles | 24 | €2,778 | €2,857 | +€79 | +2.8% |
| Current assets | 29/58 | €345,206 | €479,675 | +€134,469 | +39.0% |
| Stocks and contracts in progress | 3 | €9,179 | - | -€9,179 | |
| Contracts in progress | 37 | €9,179 | - | -€9,179 | |
| Amounts receivable within one year | 40/41 | €326,293 | €454,083 | +€127,790 | +39.2% |
| Trade receivables | 40 | €289,301 | €383,231 | +€93,930 | +32.5% |
| Other amounts receivable | 41 | €36,992 | €70,852 | +€33,860 | +91.5% |
| Cash at bank and in hand | 54/58 | €9,112 | €24,580 | +€15,468 | +170% |
| Deferred charges and accrued income | 490/1 | €621 | €1,011 | +€390 | +62.8% |
| Total equity and liabilities | 10/49 | €355,107 | €491,444 | +€136,338 | +38.4% |
| Equity | 10/15 | €46,510 | €73,461 | +€26,951 | +57.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €6,639 | €6,639 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €4,780 | €4,780 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,279 | €48,230 | +€26,951 | +127% |
| Provisions and deferred taxes | 16 | €8,250 | €8,250 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €8,250 | €8,250 | = | 0.0% |
| Environmental obligations | 163 | €8,250 | €8,250 | = | 0.0% |
| Amounts payable | 17/49 | €300,347 | €409,733 | +€109,387 | +36.4% |
| Amounts payable within one year | 42/48 | €300,347 | €409,733 | +€109,387 | +36.4% |
| Trade debts | 44 | €259,764 | €355,947 | +€96,183 | +37.0% |
| Suppliers | 440/4 | €259,764 | €355,947 | +€96,183 | +37.0% |
| Advances received on contracts in progress | 46 | €25,464 | €28,475 | +€3,011 | +11.8% |
| Taxes, remuneration and social security | 45 | €15,119 | €25,311 | +€10,193 | +67.4% |
| Taxes | 450/3 | €15,119 | €25,311 | +€10,193 | +67.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,216 | €4,622 | -€593 | -11.4% |
| Other operating charges | 640/8 | €1,521 | €940 | -€581 | -38.2% |
| Gross operating margin | 9900 | €41,602 | €47,483 | +€5,881 | +14.1% |
| Operating profit (loss) | 9901 | €34,865 | €41,921 | +€7,056 | +20.2% |
| Financial income | 75/76B | €1,341 | €2,993 | +€1,652 | +123% |
| Recurring financial income | 75 | €1,341 | €2,993 | +€1,652 | +123% |
| Financial charges | 65/66B | €1,210 | €5,335 | +€4,125 | +341% |
| Recurring financial charges | 65 | €1,210 | €5,335 | +€4,125 | +341% |
| Profit (loss) for the period before taxes | 9903 | €34,996 | €39,579 | +€4,583 | +13.1% |
| Income taxes | 67/77 | €12,251 | €12,628 | +€377 | +3.1% |
| Profit (loss) for the period | 9904 | €22,745 | €26,951 | +€4,206 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,745 | €26,951 | +€4,206 | +18.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.