B & M: 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 & M
Largest movements
- Receivables after one year -€68,427
down €68,427 (-100.0%), from €68,427 to €0
- Current investments +€50,000
up €50,000 (+14.3%), from €350,000 to €400,000
- Cash +€30,460
up €30,460 (+6.9%), from €440,763 to €471,223
mainly Net result for the year (+€72,404) and Receivables after one year (+€68,427)
- Tangible fixed assets -€16,694
down €16,694 (-4.6%), from €365,418 to €348,725
of which Furniture and vehicles: -€16,362
- Other debts -€17,432
down €17,432 (-100.0%), from €17,432 to €0
- Financial income -€7,758
down €7,758 (-27.3%), from €28,450 to €20,692
- Gross operating margin +€7,463
up €7,463 (+7.0%), from €106,470 to €113,933
- Other operating charges +€4,031
up €4,031 (+55.8%), from €7,226 to €11,257
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 | €1,362,340 | €1,353,995 | -€8,345 | -0.6% |
| Fixed assets | 21/28 | €365,418 | €348,725 | -€16,694 | -4.6% |
| Tangible fixed assets | 22/27 | €365,418 | €348,725 | -€16,694 | -4.6% |
| Land and buildings | 22 | €288,142 | €287,810 | -€332 | -0.1% |
| Furniture and vehicles | 24 | €62,476 | €46,114 | -€16,362 | -26.2% |
| Other tangible fixed assets | 26 | €14,800 | €14,800 | = | 0.0% |
| Current assets | 29/58 | €996,921 | €1,005,270 | +€8,349 | +0.8% |
| Amounts receivable after more than one year | 29 | €68,427 | €0 | -€68,427 | -100.0% |
| Other amounts receivable | 291 | €68,427 | €0 | -€68,427 | -100.0% |
| Amounts receivable within one year | 40/41 | €135,828 | €133,345 | -€2,482 | -1.8% |
| Trade receivables | 40 | €49,229 | €56,939 | +€7,710 | +15.7% |
| Other amounts receivable | 41 | €86,599 | €76,407 | -€10,192 | -11.8% |
| Current investments | 50/53 | €350,000 | €400,000 | +€50,000 | +14.3% |
| Cash at bank and in hand | 54/58 | €440,763 | €471,223 | +€30,460 | +6.9% |
| Deferred charges and accrued income | 490/1 | €1,904 | €702 | -€1,202 | -63.1% |
| Total equity and liabilities | 10/49 | €1,362,340 | €1,353,995 | -€8,345 | -0.6% |
| Equity | 10/15 | €1,325,517 | €1,333,920 | +€8,404 | +0.6% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €647,643 | €656,046 | +€8,404 | +1.3% |
| Distributable reserves | 133 | €647,643 | €656,046 | +€8,404 | +1.3% |
| Profit (loss) carried forward | 14 | €602,874 | €602,874 | = | 0.0% |
| Amounts payable | 17/49 | €36,823 | €20,075 | -€16,748 | -45.5% |
| Amounts payable within one year | 42/48 | €36,691 | €20,075 | -€16,616 | -45.3% |
| Trade debts | 44 | €985 | €2,615 | +€1,630 | +165.4% |
| Suppliers | 440/4 | €985 | €2,615 | +€1,630 | +165.4% |
| Taxes, remuneration and social security | 45 | €18,273 | €17,459 | -€814 | -4.5% |
| Taxes | 450/3 | €18,273 | €17,459 | -€814 | -4.5% |
| Other amounts payable | 47/48 | €17,432 | €0 | -€17,432 | -100.0% |
| Accrued charges and deferred income | 492/3 | €132 | €0 | -€132 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,238 | €19,895 | -€343 | -1.7% |
| Other operating charges | 640/8 | €7,226 | €11,257 | +€4,031 | +55.8% |
| Gross operating margin | 9900 | €106,470 | €113,933 | +€7,463 | +7.0% |
| Operating profit (loss) | 9901 | €79,007 | €82,781 | +€3,774 | +4.8% |
| Financial income | 75/76B | €28,450 | €20,692 | -€7,758 | -27.3% |
| Recurring financial income | 75 | €28,450 | €20,692 | -€7,758 | -27.3% |
| Financial charges | 65/66B | €791 | €730 | -€61 | -7.7% |
| Recurring financial charges | 65 | €791 | €730 | -€61 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €106,666 | €102,743 | -€3,923 | -3.7% |
| Income taxes | 67/77 | €30,893 | €30,339 | -€554 | -1.8% |
| Profit (loss) for the period | 9904 | €75,772 | €72,404 | -€3,369 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €75,772 | €72,404 | -€3,369 | -4.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.