B.N.P.: what changed
Two financial 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.P.
Largest movements
- Receivables within one year -€130,683
down €130,683 (-61.3%), from €213,068 to €82,385
of which Other amounts receivable: -€132,286
- Stocks and contracts -€121,334
down €121,334 (-25.1%), from €482,708 to €361,373
of which Stocks: -€219,334
- Cash -€66,188
down €66,188 (-97.1%), from €68,159 to €1,971
mainly Debts after one year (-€135,994) and Net result for the year (-€114,918)
- Tangible fixed assets -€17,657
down €17,657 (-25.3%), from €69,735 to €52,078
of which Plant, machinery and equipment: -€11,250
- Deferred charges and accrued income +€15,631
up €15,631 (+2,105%), from €743 to €16,374
- Debts after one year -€135,994
down €135,994 (-65.6%), from €207,355 to €71,361
- Profit (loss) carried forward -€114,918
new in 2025: -€114,918
- Trade debts -€56,768
down €56,768 (-54.2%), from €104,752 to €47,984
- Tax, wage and social debts -€12,662
down €12,662 (-68.7%), from €18,437 to €5,776
of which Taxes: -€12,661
- Gross operating margin -€143,765
down €143,765, from €61,303 to -€82,461
- Other operating charges -€14,335
down €14,335 (-94.8%), from €15,124 to €789
- Financial charges +€7,032
up €7,032 (+85.1%), from €8,260 to €15,293
- Depreciation -€5,894
down €5,894 (-24.2%), from €24,361 to €18,467
- Taxes -€5,049
no longer reported in 2025 (was €5,049)
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.
Derived cash bridge
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 | €834,412 | €514,181 | -€320,231 | -38.4% |
| Fixed assets | 21/28 | €69,735 | €52,078 | -€17,657 | -25.3% |
| Tangible fixed assets | 22/27 | €69,735 | €52,078 | -€17,657 | -25.3% |
| Plant, machinery and equipment | 23 | €54,761 | €43,511 | -€11,250 | -20.5% |
| Furniture and vehicles | 24 | €14,973 | €8,567 | -€6,406 | -42.8% |
| Current assets | 29/58 | €764,678 | €462,103 | -€302,575 | -39.6% |
| Stocks and contracts in progress | 3 | €482,708 | €361,373 | -€121,334 | -25.1% |
| Stocks | 30/36 | €462,708 | €243,373 | -€219,334 | -47.4% |
| Contracts in progress | 37 | €20,000 | €118,000 | +€98,000 | +490% |
| Amounts receivable within one year | 40/41 | €213,068 | €82,385 | -€130,683 | -61.3% |
| Trade receivables | 40 | - | €1,603 | +€1,603 | |
| Other amounts receivable | 41 | €213,068 | €80,782 | -€132,286 | -62.1% |
| Cash at bank and in hand | 54/58 | €68,159 | €1,971 | -€66,188 | -97.1% |
| Deferred charges and accrued income | 490/1 | €743 | €16,374 | +€15,631 | +2,105% |
| Total equity and liabilities | 10/49 | €834,412 | €514,181 | -€320,231 | -38.4% |
| Equity | 10/15 | €452,208 | €337,290 | -€114,918 | -25.4% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €439,608 | €439,608 | = | 0.0% |
| Distributable reserves | 133 | €439,608 | €439,608 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€114,918 | -€114,918 | |
| Amounts payable | 17/49 | €382,205 | €176,891 | -€205,314 | -53.7% |
| Amounts payable after more than one year | 17 | €207,355 | €71,361 | -€135,994 | -65.6% |
| Financial debts | 170/4 | €207,355 | €71,361 | -€135,994 | -65.6% |
| Amounts payable within one year | 42/48 | €174,850 | €105,530 | -€69,320 | -39.6% |
| Current portion of amounts payable after more than one year | 42 | €11,699 | €4,097 | -€7,603 | -65.0% |
| Financial debts | 43 | €39,788 | €47,674 | +€7,886 | +19.8% |
| Credit institutions | 430/8 | €39,788 | €47,674 | +€7,886 | +19.8% |
| Trade debts | 44 | €104,752 | €47,984 | -€56,768 | -54.2% |
| Suppliers | 440/4 | €104,752 | €47,984 | -€56,768 | -54.2% |
| Taxes, remuneration and social security | 45 | €18,437 | €5,776 | -€12,662 | -68.7% |
| Taxes | 450/3 | €15,160 | €2,500 | -€12,661 | -83.5% |
| Remuneration and social security | 454/9 | €3,277 | €3,276 | -€1 | 0.0% |
| Other amounts payable | 47/48 | €174 | - | -€174 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,361 | €18,467 | -€5,894 | -24.2% |
| Other operating charges | 640/8 | €15,124 | €789 | -€14,335 | -94.8% |
| Gross operating margin | 9900 | €61,303 | -€82,461 | -€143,765 | |
| Operating profit (loss) | 9901 | €21,818 | -€101,717 | -€123,535 | |
| Financial income | 75/76B | €770 | €2,092 | +€1,322 | +172% |
| Recurring financial income | 75 | €770 | €2,092 | +€1,322 | +172% |
| Financial charges | 65/66B | €8,260 | €15,293 | +€7,032 | +85.1% |
| Recurring financial charges | 65 | €8,260 | €15,293 | +€7,032 | +85.1% |
| Profit (loss) for the period before taxes | 9903 | €14,327 | -€114,918 | -€129,245 | |
| Income taxes | 67/77 | €5,049 | - | -€5,049 | |
| Profit (loss) for the period | 9904 | €9,278 | -€114,918 | -€124,196 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,278 | -€114,918 | -€124,196 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.