B-MORE: 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-MORE
Largest movements
- Cash -€51,296
down €51,296 (-33.4%), from €153,688 to €102,392
mainly Contributions, distributions and other (-€150,000) and Other debts (-€87,817)
- Tangible fixed assets +€9,750
up €9,750 (+76.6%), from €12,726 to €22,476
of which Other tangible fixed assets: +€15,671
- Receivables within one year -€3,911
down €3,911 (-3.7%), from €105,706 to €101,795
of which Other amounts receivable: -€3,911
- Other debts -€87,817
down €87,817 (-36.7%), from €239,062 to €151,245
- Profit (loss) carried forward +€39,935
new in 2025: €39,935
- Tax, wage and social debts +€3,162
up €3,162 (+23.4%), from €13,538 to €16,701
- Gross operating margin +€17,005
up €17,005 (+7.1%), from €239,504 to €256,509
- Taxes +€3,563
up €3,563 (+6.5%), from €54,472 to €58,035
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 | €273,973 | €229,242 | -€44,730 | -16.3% |
| Fixed assets | 21/28 | €12,726 | €22,476 | +€9,750 | +76.6% |
| Tangible fixed assets | 22/27 | €12,726 | €22,476 | +€9,750 | +76.6% |
| Furniture and vehicles | 24 | €12,726 | €6,805 | -€5,921 | -46.5% |
| Other tangible fixed assets | 26 | - | €15,671 | +€15,671 | |
| Current assets | 29/58 | €261,246 | €206,766 | -€54,480 | -20.9% |
| Amounts receivable within one year | 40/41 | €105,706 | €101,795 | -€3,911 | -3.7% |
| Trade receivables | 40 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 41 | €5,706 | €1,795 | -€3,911 | -68.5% |
| Cash at bank and in hand | 54/58 | €153,688 | €102,392 | -€51,296 | -33.4% |
| Deferred charges and accrued income | 490/1 | €1,852 | €2,579 | +€726 | +39.2% |
| Total equity and liabilities | 10/49 | €273,973 | €229,242 | -€44,730 | -16.3% |
| Equity | 10/15 | €20,460 | €60,395 | +€39,935 | +195.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €39,935 | +€39,935 | |
| Amounts payable | 17/49 | €253,513 | €168,847 | -€84,666 | -33.4% |
| Amounts payable within one year | 42/48 | €253,241 | €168,847 | -€84,393 | -33.3% |
| Trade debts | 44 | €641 | €902 | +€261 | +40.7% |
| Suppliers | 440/4 | €641 | €902 | +€261 | +40.7% |
| Taxes, remuneration and social security | 45 | €13,538 | €16,701 | +€3,162 | +23.4% |
| Taxes | 450/3 | €13,538 | €16,701 | +€3,162 | +23.4% |
| Other amounts payable | 47/48 | €239,062 | €151,245 | -€87,817 | -36.7% |
| Accrued charges and deferred income | 492/3 | €272 | €0 | -€272 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,429 | €7,217 | +€788 | +12.3% |
| Other operating charges | 640/8 | €612 | €1,220 | +€608 | +99.4% |
| Gross operating margin | 9900 | €239,504 | €256,509 | +€17,005 | +7.1% |
| Operating profit (loss) | 9901 | €232,463 | €248,072 | +€15,609 | +6.7% |
| Financial charges | 65/66B | €102 | €102 | -€0 | -0.4% |
| Recurring financial charges | 65 | €102 | €102 | -€0 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €232,361 | €247,970 | +€15,609 | +6.7% |
| Income taxes | 67/77 | €54,472 | €58,035 | +€3,563 | +6.5% |
| Profit (loss) for the period | 9904 | €177,889 | €189,935 | +€12,046 | +6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €177,889 | €189,935 | +€12,046 | +6.8% |
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 2 October 2026 via checked.be.