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
- Tangible fixed assets -€3,367
down €3,367 (-6.5%), from €51,848 to €48,481
- Cash -€1,227
down €1,227 (-14.8%), from €8,314 to €7,087
mainly Debts after one year (-€6,600) and Trade debts (-€610)
- Debts after one year -€6,600
down €6,600 (-100.0%), from €6,600 to €0
- Profit (loss) carried forward +€2,115
up €2,115 (+6.8%), from €31,268 to €33,383
- Trade debts -€610
down €610 (-38.9%), from €1,565 to €956
- Gross operating margin +€1,970
up €1,970 (+29.6%), from €6,649 to €8,619
- Taxes +€501
up €501 (+186.6%), from €269 to €770
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 | €60,162 | €55,569 | -€4,593 | -7.6% |
| Fixed assets | 21/28 | €51,848 | €48,481 | -€3,367 | -6.5% |
| Tangible fixed assets | 22/27 | €51,848 | €48,481 | -€3,367 | -6.5% |
| Land and buildings | 22 | €51,848 | €48,481 | -€3,367 | -6.5% |
| Current assets | 29/58 | €8,314 | €7,087 | -€1,227 | -14.8% |
| Cash at bank and in hand | 54/58 | €8,314 | €7,087 | -€1,227 | -14.8% |
| Total equity and liabilities | 10/49 | €60,162 | €55,569 | -€4,593 | -7.6% |
| Equity | 10/15 | €51,728 | €53,843 | +€2,115 | +4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,268 | €33,383 | +€2,115 | +6.8% |
| Amounts payable | 17/49 | €8,434 | €1,726 | -€6,708 | -79.5% |
| Amounts payable after more than one year | 17 | €6,600 | €0 | -€6,600 | -100.0% |
| Other amounts payable | 178/9 | €6,600 | €0 | -€6,600 | -100.0% |
| Amounts payable within one year | 42/48 | €1,834 | €1,726 | -€108 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,565 | €956 | -€610 | -38.9% |
| Suppliers | 440/4 | €1,565 | €956 | -€610 | -38.9% |
| Taxes, remuneration and social security | 45 | €269 | €770 | +€501 | +186.6% |
| Taxes | 450/3 | €269 | €770 | +€501 | +186.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,367 | €3,367 | = | 0.0% |
| Other operating charges | 640/8 | €2,008 | €2,070 | +€61 | +3.0% |
| Gross operating margin | 9900 | €6,649 | €8,619 | +€1,970 | +29.6% |
| Operating profit (loss) | 9901 | €1,274 | €3,183 | +€1,909 | +149.8% |
| Financial charges | 65/66B | €289 | €298 | +€10 | +3.3% |
| Recurring financial charges | 65 | €289 | €298 | +€10 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €986 | €2,885 | +€1,899 | +192.7% |
| Income taxes | 67/77 | €269 | €770 | +€501 | +186.6% |
| Profit (loss) for the period | 9904 | €717 | €2,115 | +€1,398 | +194.9% |
| Profit (loss) for the period to be appropriated | 9905 | €717 | €2,115 | +€1,398 | +194.9% |
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 7 October 2026 via checked.be.