b in motion: 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 in motion
Largest movements
- Receivables within one year +€95,115
up €95,115 (+286%), from €33,254 to €128,369
of which Trade receivables: +€86,074
- Cash -€90,040
down €90,040 (-58.6%), from €153,668 to €63,628
mainly Contributions, distributions and other (-€153,514) and Receivables within one year (-€95,115)
- Current investments +€69,026
up €69,026 (+2,962%), from €2,330 to €71,356
- Other debts +€111,602
up €111,602 (+206%), from €54,256 to €165,859
- Reserves -€20,724
down €20,724 (-19.7%), from €104,977 to €84,253
- Trade debts -€14,530
down €14,530 (-84.0%), from €17,297 to €2,767
- Accrued charges and deferred income -€4,100
down €4,100 (-96.5%), from €4,250 to €150
- Gross operating margin +€94,570
up €94,570 (+218%), from €43,287 to €137,857
- Depreciation -€1,795
down €1,795 (-31.5%), from €5,696 to €3,901
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 | €205,780 | €278,143 | +€72,363 | +35.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €16,210 | €14,483 | -€1,727 | -10.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €16,210 | €14,483 | -€1,727 | -10.7% |
| Plant, machinery and equipment | 23 | €1,848 | €3,071 | +€1,224 | +66.2% |
| Furniture and vehicles | 24 | €3,542 | €2,130 | -€1,412 | -39.9% |
| Other tangible fixed assets | 26 | €10,821 | €9,282 | -€1,539 | -14.2% |
| Current assets | 29/58 | €189,570 | €263,660 | +€74,090 | +39.1% |
| Amounts receivable within one year | 40/41 | €33,254 | €128,369 | +€95,115 | +286% |
| Trade receivables | 40 | €31,104 | €117,178 | +€86,074 | +277% |
| Other amounts receivable | 41 | €2,150 | €11,191 | +€9,041 | +420% |
| Current investments | 50/53 | €2,330 | €71,356 | +€69,026 | +2,962% |
| Cash at bank and in hand | 54/58 | €153,668 | €63,628 | -€90,040 | -58.6% |
| Deferred charges and accrued income | 490/1 | €319 | €307 | -€12 | -3.7% |
| Total equity and liabilities | 10/49 | €205,780 | €278,143 | +€72,363 | +35.2% |
| Equity | 10/15 | €129,977 | €109,253 | -€20,724 | -15.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €104,977 | €84,253 | -€20,724 | -19.7% |
| Distributable reserves | 133 | €104,977 | €84,253 | -€20,724 | -19.7% |
| Amounts payable | 17/49 | €75,803 | €168,890 | +€93,086 | +123% |
| Amounts payable within one year | 42/48 | €71,553 | €168,740 | +€97,186 | +136% |
| Trade debts | 44 | €17,297 | €2,767 | -€14,530 | -84.0% |
| Suppliers | 440/4 | €17,297 | €2,767 | -€14,530 | -84.0% |
| Taxes, remuneration and social security | 45 | - | €114 | +€114 | |
| Taxes | 450/3 | - | €114 | +€114 | |
| Other amounts payable | 47/48 | €54,256 | €165,859 | +€111,602 | +206% |
| Accrued charges and deferred income | 492/3 | €4,250 | €150 | -€4,100 | -96.5% |
| Non-recurring operating income | 76A | €300 | - | -€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,696 | €3,901 | -€1,795 | -31.5% |
| Other operating charges | 640/8 | €208 | €213 | +€5 | +2.2% |
| Gross operating margin | 9900 | €43,287 | €137,857 | +€94,570 | +218% |
| Operating profit (loss) | 9901 | €37,383 | €133,743 | +€96,360 | +258% |
| Financial income | 75/76B | €1,066 | €1,113 | +€47 | +4.4% |
| Recurring financial income | 75 | €1,066 | €1,113 | +€47 | +4.4% |
| Financial charges | 65/66B | €363 | €618 | +€255 | +70.3% |
| Recurring financial charges | 65 | €363 | €618 | +€255 | +70.3% |
| Profit (loss) for the period before taxes | 9903 | €38,086 | €134,238 | +€96,152 | +252% |
| Income taxes | 67/77 | €1,739 | €1,448 | -€292 | -16.8% |
| Profit (loss) for the period | 9904 | €36,347 | €132,790 | +€96,443 | +265% |
| Profit (loss) for the period to be appropriated | 9905 | €36,347 | €132,790 | +€96,443 | +265% |
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 19 October 2026 via checked.be.