B-IT: 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-IT
Largest movements
- Tangible fixed assets +€65,261
up €65,261 (+45.0%), from €144,986 to €210,248
of which Land and buildings: +€65,261
- Cash -€58,814
down €58,814 (-75.5%), from €77,849 to €19,035
mainly Investment in fixed assets (net) (-€93,561) and Debts after one year (-€10,897)
- Receivables within one year -€7,432
down €7,432 (-34.3%), from €21,640 to €14,208
of which Trade receivables: -€9,443
- Debts after one year -€10,897
down €10,897 (-27.6%), from €39,440 to €28,543
- Reserves +€8,948
up €8,948 (+5.2%), from €171,673 to €180,620
- Depreciation +€2,282
up €2,282 (+8.8%), from €26,017 to €28,299
- Gross operating margin -€1,900
down €1,900 (-4.1%), from €46,198 to €44,298
- Taxes -€1,123
down €1,123 (-23.4%), from €4,807 to €3,684
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 | €245,075 | €245,168 | +€93 | 0.0% |
| Fixed assets | 21/28 | €145,586 | €210,848 | +€65,261 | +44.8% |
| Tangible fixed assets | 22/27 | €144,986 | €210,248 | +€65,261 | +45.0% |
| Land and buildings | 22 | €140,928 | €206,190 | +€65,261 | +46.3% |
| Other tangible fixed assets | 26 | €4,058 | €4,058 | = | 0.0% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €99,489 | €34,320 | -€65,168 | -65.5% |
| Amounts receivable within one year | 40/41 | €21,640 | €14,208 | -€7,432 | -34.3% |
| Trade receivables | 40 | €21,640 | €12,197 | -€9,443 | -43.6% |
| Other amounts receivable | 41 | - | €2,011 | +€2,011 | |
| Cash at bank and in hand | 54/58 | €77,849 | €19,035 | -€58,814 | -75.5% |
| Deferred charges and accrued income | 490/1 | - | €1,078 | +€1,078 | |
| Total equity and liabilities | 10/49 | €245,075 | €245,168 | +€93 | 0.0% |
| Equity | 10/15 | €184,073 | €193,020 | +€8,948 | +4.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €171,673 | €180,620 | +€8,948 | +5.2% |
| Distributable reserves | 133 | €171,673 | €180,620 | +€8,948 | +5.2% |
| Amounts payable | 17/49 | €61,002 | €52,148 | -€8,855 | -14.5% |
| Amounts payable after more than one year | 17 | €39,440 | €28,543 | -€10,897 | -27.6% |
| Financial debts | 170/4 | €39,440 | €28,543 | -€10,897 | -27.6% |
| Amounts payable within one year | 42/48 | €21,562 | €23,604 | +€2,042 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €10,397 | €10,897 | +€500 | +4.8% |
| Trade debts | 44 | €1,456 | €2,895 | +€1,439 | +98.8% |
| Suppliers | 440/4 | €1,456 | €2,895 | +€1,439 | +98.8% |
| Taxes, remuneration and social security | 45 | €9,348 | €9,813 | +€465 | +5.0% |
| Taxes | 450/3 | €6,466 | €6,313 | -€153 | -2.4% |
| Remuneration and social security | 454/9 | €2,882 | €3,500 | +€618 | +21.4% |
| Other amounts payable | 47/48 | €362 | - | -€362 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,017 | €28,299 | +€2,282 | +8.8% |
| Other operating charges | 640/8 | €1,310 | €1,396 | +€87 | +6.6% |
| Gross operating margin | 9900 | €46,198 | €44,298 | -€1,900 | -4.1% |
| Operating profit (loss) | 9901 | €18,870 | €14,602 | -€4,269 | -22.6% |
| Financial income | 75/76B | €331 | €402 | +€71 | +21.3% |
| Recurring financial income | 75 | €331 | €402 | +€71 | +21.3% |
| Financial charges | 65/66B | €2,738 | €2,372 | -€366 | -13.4% |
| Recurring financial charges | 65 | €2,738 | €2,372 | -€366 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €16,463 | €12,631 | -€3,832 | -23.3% |
| Income taxes | 67/77 | €4,807 | €3,684 | -€1,123 | -23.4% |
| Profit (loss) for the period | 9904 | €11,657 | €8,948 | -€2,709 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,657 | €8,948 | -€2,709 | -23.2% |
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 10 October 2026 via checked.be.