B&N: 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&N
Largest movements
- Cash +€36,187
up €36,187 (+104.0%), from €34,804 to €70,991
mainly Trade debts (+€38,817) and Receivables within one year (+€15,303)
- Receivables within one year -€15,303
down €15,303 (-27.1%), from €56,458 to €41,155
of which Trade receivables: -€16,409
- Tangible fixed assets -€8,825
down €8,825 (-14.0%), from €63,011 to €54,186
of which Plant, machinery and equipment: -€7,621
- Deferred charges and accrued income +€3,541
up €3,541 (+255.3%), from €1,387 to €4,928
- Trade debts +€38,817
up €38,817 (+2472.1%), from €1,570 to €40,388
- Other debts -€32,101
down €32,101 (-34.6%), from €92,856 to €60,755
- Debts after one year -€10,799
down €10,799 (-100.0%), from €10,799 to €0
- Tax, wage and social debts +€9,895
up €9,895 (+83.6%), from €11,839 to €21,735
of which Taxes: +€8,547
- Reserves +€6,888
up €6,888 (+25.9%), from €26,622 to €33,510
of which Distributable reserves: +€6,888
- Gross operating margin -€31,980
down €31,980 (-29.6%), from €107,865 to €75,885
- Staff costs -€28,837
down €28,837 (-35.1%), from €82,235 to €53,398
- Other operating charges -€9,567
down €9,567 (-90.6%), from €10,564 to €997
- Depreciation -€3,961
down €3,961 (-31.0%), from €12,786 to €8,825
- Taxes +€2,389
up €2,389 (+399.1%), from €599 to €2,988
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 | €156,324 | €171,928 | +€15,603 | +10.0% |
| Fixed assets | 21/28 | €63,146 | €54,321 | -€8,825 | -14.0% |
| Tangible fixed assets | 22/27 | €63,011 | €54,186 | -€8,825 | -14.0% |
| Plant, machinery and equipment | 23 | €58,311 | €50,690 | -€7,621 | -13.1% |
| Furniture and vehicles | 24 | €4,700 | €3,496 | -€1,204 | -25.6% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €93,179 | €117,607 | +€24,428 | +26.2% |
| Amounts receivable within one year | 40/41 | €56,458 | €41,155 | -€15,303 | -27.1% |
| Trade receivables | 40 | €55,826 | €39,416 | -€16,409 | -29.4% |
| Other amounts receivable | 41 | €632 | €1,738 | +€1,106 | +175.0% |
| Current investments | 50/53 | €530 | €533 | +€3 | +0.6% |
| Cash at bank and in hand | 54/58 | €34,804 | €70,991 | +€36,187 | +104.0% |
| Deferred charges and accrued income | 490/1 | €1,387 | €4,928 | +€3,541 | +255.3% |
| Total equity and liabilities | 10/49 | €156,324 | €171,928 | +€15,603 | +10.0% |
| Equity | 10/15 | €27,622 | €34,510 | +€6,888 | +24.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €26,622 | €33,510 | +€6,888 | +25.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €26,622 | €33,510 | +€6,888 | +25.9% |
| Amounts payable | 17/49 | €128,702 | €137,418 | +€8,716 | +6.8% |
| Amounts payable after more than one year | 17 | €10,799 | €0 | -€10,799 | -100.0% |
| Financial debts | 170/4 | €10,799 | €0 | -€10,799 | -100.0% |
| Amounts payable within one year | 42/48 | €116,857 | €133,770 | +€16,913 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €10,384 | €10,799 | +€415 | +4.0% |
| Financial debts | 43 | €207 | €93 | -€114 | -55.1% |
| Credit institutions | 430/8 | €207 | €93 | -€114 | -55.1% |
| Trade debts | 44 | €1,570 | €40,388 | +€38,817 | +2472.1% |
| Suppliers | 440/4 | €1,570 | €40,388 | +€38,817 | +2472.1% |
| Taxes, remuneration and social security | 45 | €11,839 | €21,735 | +€9,895 | +83.6% |
| Taxes | 450/3 | €1,569 | €10,116 | +€8,547 | +544.9% |
| Remuneration and social security | 454/9 | €10,271 | €11,619 | +€1,348 | +13.1% |
| Other amounts payable | 47/48 | €92,856 | €60,755 | -€32,101 | -34.6% |
| Accrued charges and deferred income | 492/3 | €1,046 | €3,648 | +€2,602 | +248.8% |
| Remuneration, social security and pensions | 62 | €82,235 | €53,398 | -€28,837 | -35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,786 | €8,825 | -€3,961 | -31.0% |
| Other operating charges | 640/8 | €10,564 | €997 | -€9,567 | -90.6% |
| Gross operating margin | 9900 | €107,865 | €75,885 | -€31,980 | -29.6% |
| Operating profit (loss) | 9901 | €2,280 | €12,665 | +€10,385 | +455.5% |
| Financial income | 75/76B | €13 | €11 | -€3 | -20.5% |
| Recurring financial income | 75 | €13 | €11 | -€3 | -20.5% |
| Financial charges | 65/66B | €1,344 | €2,800 | +€1,456 | +108.4% |
| Recurring financial charges | 65 | €1,344 | €2,800 | +€1,456 | +108.4% |
| Profit (loss) for the period before taxes | 9903 | €950 | €9,876 | +€8,926 | +940.0% |
| Income taxes | 67/77 | €599 | €2,988 | +€2,389 | +399.1% |
| Profit (loss) for the period | 9904 | €351 | €6,888 | +€6,537 | +1863.1% |
| Profit (loss) for the period to be appropriated | 9905 | €351 | €6,888 | +€6,537 | +1863.1% |
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 9 October 2026 via checked.be.