B LINDO: what changed
Two fiscal 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 LINDO
Largest movements
- Cash -€68,711
down €68,711 (-92.9%), from €73,986 to €5,275
mainly Net result for the year (-€45,252) and Tax, wage and social debts (-€31,096)
- Receivables within one year -€11,052
down €11,052 (-39.5%), from €27,992 to €16,940
of which Trade receivables: -€11,052
- Tangible fixed assets -€1,626
down €1,626 (-25.3%), from €6,433 to €4,806
- Reserves -€32,000
down €32,000 (-100.0%), from €32,000 to €0
- Tax, wage and social debts -€31,096
down €31,096 (-99.0%), from €31,423 to €326
of which Taxes: -€21,688
- Advances received -€25,800
down €25,800 (-100.0%), from €25,800 to €0
- Trade debts +€16,251
up €16,251 (+332.5%), from €4,887 to €21,139
- Profit (loss) carried forward -€13,252
down €13,252, from €888 to -€12,364
- Gross operating margin -€90,345
down €90,345, from €49,397 to -€40,948
- Taxes -€8,400
down €8,400 (-97.2%), from €8,644 to €244
- Financial charges +€1,028
up €1,028 (+153.4%), from €670 to €1,699
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 | €110,172 | €28,359 | -€81,814 | -74.3% |
| Fixed assets | 21/28 | €6,433 | €4,806 | -€1,626 | -25.3% |
| Tangible fixed assets | 22/27 | €6,433 | €4,806 | -€1,626 | -25.3% |
| Furniture and vehicles | 24 | €6,433 | €4,806 | -€1,626 | -25.3% |
| Current assets | 29/58 | €103,740 | €23,552 | -€80,187 | -77.3% |
| Amounts receivable within one year | 40/41 | €27,992 | €16,940 | -€11,052 | -39.5% |
| Trade receivables | 40 | €27,992 | €16,940 | -€11,052 | -39.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €73,986 | €5,275 | -€68,711 | -92.9% |
| Deferred charges and accrued income | 490/1 | €1,762 | €1,338 | -€424 | -24.1% |
| Total equity and liabilities | 10/49 | €110,172 | €28,359 | -€81,814 | -74.3% |
| Equity | 10/15 | €42,888 | -€2,364 | -€45,252 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €32,000 | €0 | -€32,000 | -100.0% |
| Distributable reserves | 133 | €32,000 | €0 | -€32,000 | -100.0% |
| Profit (loss) carried forward | 14 | €888 | -€12,364 | -€13,252 | |
| Amounts payable | 17/49 | €67,285 | €30,723 | -€36,562 | -54.3% |
| Amounts payable within one year | 42/48 | €65,664 | €30,083 | -€35,581 | -54.2% |
| Trade debts | 44 | €4,887 | €21,139 | +€16,251 | +332.5% |
| Suppliers | 440/4 | €4,887 | €21,139 | +€16,251 | +332.5% |
| Advances received on contracts in progress | 46 | €25,800 | €0 | -€25,800 | -100.0% |
| Taxes, remuneration and social security | 45 | €31,423 | €326 | -€31,096 | -99.0% |
| Taxes | 450/3 | €22,014 | €326 | -€21,688 | -98.5% |
| Remuneration and social security | 454/9 | €9,409 | €0 | -€9,409 | -100.0% |
| Other amounts payable | 47/48 | €3,554 | €8,618 | +€5,064 | +142.5% |
| Accrued charges and deferred income | 492/3 | €1,621 | €640 | -€981 | -60.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,626 | €1,626 | = | 0.0% |
| Other operating charges | 640/8 | €1,112 | €1,153 | +€41 | +3.7% |
| Gross operating margin | 9900 | €49,397 | -€40,948 | -€90,345 | |
| Operating profit (loss) | 9901 | €46,659 | -€43,727 | -€90,386 | |
| Financial income | 75/76B | €160 | €418 | +€258 | +161.2% |
| Recurring financial income | 75 | €160 | €418 | +€258 | +161.2% |
| Financial charges | 65/66B | €670 | €1,699 | +€1,028 | +153.4% |
| Recurring financial charges | 65 | €670 | €1,699 | +€1,028 | +153.4% |
| Profit (loss) for the period before taxes | 9903 | €46,149 | -€45,008 | -€91,157 | |
| Income taxes | 67/77 | €8,644 | €244 | -€8,400 | -97.2% |
| Profit (loss) for the period | 9904 | €37,505 | -€45,252 | -€82,757 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,505 | -€45,252 | -€82,757 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.