B-ios: 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-ios
Largest movements
- Tangible fixed assets -€74,752
down €74,752 (-6.8%), from €1.1m to €1.0m
of which Land and buildings: -€78,046
- Cash -€12,701
down €12,701 (-54.4%), from €23,327 to €10,626
mainly Short-term financial debts (-€125,000) and Net result for the year (-€68,602)
- Short-term financial debts -€125,000
down €125,000 (-100.0%), from €125,000 to €0
- Investment grants +€111,145
new in 2025: €111,145
- Profit (loss) carried forward -€68,602
down €68,602 (-100.0%), from -€68,587 to -€137,189
- Debts after one year -€66,520
down €66,520 (-8.3%), from €799,838 to €733,318
- Other debts +€54,969
up €54,969 (+131.1%), from €41,926 to €96,895
- Gross operating margin +€32,644
up €32,644 (+209.4%), from €15,586 to €48,230
- Depreciation +€25,877
up €25,877 (+70.7%), from €36,614 to €62,491
- Financial charges +€16,835
up €16,835 (+44.8%), from €37,553 to €54,388
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 | €1,135,687 | €1,046,880 | -€88,807 | -7.8% |
| Fixed assets | 21/28 | €1,092,267 | €1,018,031 | -€74,236 | -6.8% |
| Intangible fixed assets | 21 | - | €516 | +€516 | |
| Tangible fixed assets | 22/27 | €1,091,767 | €1,017,015 | -€74,752 | -6.8% |
| Land and buildings | 22 | €1,083,414 | €1,005,368 | -€78,046 | -7.2% |
| Plant, machinery and equipment | 23 | - | €1,061 | +€1,061 | |
| Furniture and vehicles | 24 | €8,353 | €10,586 | +€2,233 | +26.7% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €43,420 | €28,849 | -€14,571 | -33.6% |
| Amounts receivable within one year | 40/41 | €8,288 | €5,826 | -€2,463 | -29.7% |
| Trade receivables | 40 | €8,129 | €4,795 | -€3,334 | -41.0% |
| Other amounts receivable | 41 | €159 | €1,031 | +€871 | +546.5% |
| Current investments | 50/53 | €10,000 | €0 | -€10,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €23,327 | €10,626 | -€12,701 | -54.4% |
| Deferred charges and accrued income | 490/1 | €1,804 | €12,397 | +€10,592 | +587.0% |
| Total equity and liabilities | 10/49 | €1,135,687 | €1,046,880 | -€88,807 | -7.8% |
| Equity | 10/15 | €81,413 | €123,955 | +€42,542 | +52.3% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,587 | -€137,189 | -€68,602 | -100.0% |
| Investment grants | 15 | - | €111,145 | +€111,145 | |
| Amounts payable | 17/49 | €1,054,274 | €922,925 | -€131,349 | -12.5% |
| Amounts payable after more than one year | 17 | €799,838 | €733,318 | -€66,520 | -8.3% |
| Financial debts | 170/4 | €799,838 | €733,318 | -€66,520 | -8.3% |
| Amounts payable within one year | 42/48 | €248,728 | €179,479 | -€69,249 | -27.8% |
| Current portion of amounts payable after more than one year | 42 | €30,162 | €63,006 | +€32,844 | +108.9% |
| Financial debts | 43 | €125,000 | €0 | -€125,000 | -100.0% |
| Credit institutions | 430/8 | €125,000 | €0 | -€125,000 | -100.0% |
| Trade debts | 44 | €46,634 | €18,399 | -€28,234 | -60.5% |
| Suppliers | 440/4 | €46,634 | €18,399 | -€28,234 | -60.5% |
| Advances received on contracts in progress | 46 | €4,945 | €1,179 | -€3,765 | -76.2% |
| Taxes, remuneration and social security | 45 | €62 | €0 | -€62 | -100.0% |
| Taxes | 450/3 | €62 | €0 | -€62 | -100.0% |
| Other amounts payable | 47/48 | €41,926 | €96,895 | +€54,969 | +131.1% |
| Accrued charges and deferred income | 492/3 | €5,707 | €10,127 | +€4,420 | +77.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,614 | €62,491 | +€25,877 | +70.7% |
| Other operating charges | 640/8 | €170 | €30 | -€139 | -82.0% |
| Gross operating margin | 9900 | €15,586 | €48,230 | +€32,644 | +209.4% |
| Operating profit (loss) | 9901 | -€21,197 | -€14,292 | +€6,906 | +32.6% |
| Financial income | 75/76B | - | €77 | +€77 | |
| Recurring financial income | 75 | - | €77 | +€77 | |
| Financial charges | 65/66B | €37,553 | €54,388 | +€16,835 | +44.8% |
| Recurring financial charges | 65 | €37,553 | €54,388 | +€16,835 | +44.8% |
| Profit (loss) for the period before taxes | 9903 | -€58,750 | -€68,602 | -€9,852 | -16.8% |
| Profit (loss) for the period | 9904 | -€58,750 | -€68,602 | -€9,852 | -16.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,750 | -€68,602 | -€9,852 | -16.8% |
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 12 October 2026 via checked.be.