B+N VISE: 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 VISE
Largest movements
- Cash -€52,254
down €52,254 (-37.2%), from €140,414 to €88,160
mainly Stocks and contracts (-€47,458) and Other debts (-€31,344)
- Stocks and contracts +€47,458
up €47,458 (+27.6%), from €172,131 to €219,589
- Receivables after one year -€21,030
down €21,030 (-9.0%), from €234,079 to €213,049
- Tangible fixed assets -€16,464
down €16,464 (-64.9%), from €25,354 to €8,890
of which Furniture and vehicles: -€10,813
- Other debts -€31,344
down €31,344 (-92.5%), from €33,899 to €2,555
- Trade debts -€17,856
down €17,856 (-87.1%), from €20,510 to €2,654
- Gross operating margin -€16,910
down €16,910 (-26.7%), from €63,404 to €46,494
- Taxes -€4,432
down €4,432 (-45.9%), from €9,662 to €5,230
- Depreciation -€4,336
down €4,336 (-20.5%), from €21,200 to €16,864
- Financial income -€1,206
down €1,206 (-83.6%), from €1,443 to €237
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 | €583,997 | €535,405 | -€48,592 | -8.3% |
| Fixed assets | 21/28 | €25,830 | €8,966 | -€16,864 | -65.3% |
| Intangible fixed assets | 21 | €476 | €76 | -€400 | -84.1% |
| Tangible fixed assets | 22/27 | €25,354 | €8,890 | -€16,464 | -64.9% |
| Plant, machinery and equipment | 23 | €8,878 | €4,012 | -€4,867 | -54.8% |
| Furniture and vehicles | 24 | €12,808 | €1,995 | -€10,813 | -84.4% |
| Other tangible fixed assets | 26 | €3,667 | €2,883 | -€784 | -21.4% |
| Current assets | 29/58 | €558,167 | €526,439 | -€31,728 | -5.7% |
| Amounts receivable after more than one year | 29 | €234,079 | €213,049 | -€21,030 | -9.0% |
| Other amounts receivable | 291 | €234,079 | €213,049 | -€21,030 | -9.0% |
| Stocks and contracts in progress | 3 | €172,131 | €219,589 | +€47,458 | +27.6% |
| Stocks | 30/36 | €172,131 | €219,589 | +€47,458 | +27.6% |
| Amounts receivable within one year | 40/41 | €10,735 | €4,978 | -€5,757 | -53.6% |
| Trade receivables | 40 | €10,735 | €4,456 | -€6,279 | -58.5% |
| Other amounts receivable | 41 | - | €522 | +€522 | |
| Cash at bank and in hand | 54/58 | €140,414 | €88,160 | -€52,254 | -37.2% |
| Deferred charges and accrued income | 490/1 | €808 | €663 | -€145 | -18.0% |
| Total equity and liabilities | 10/49 | €583,997 | €535,405 | -€48,592 | -8.3% |
| Equity | 10/15 | €501,007 | €501,251 | +€244 | 0.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €400,300 | €400,300 | = | 0.0% |
| Distributable reserves | 133 | €400,300 | €400,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €707 | €951 | +€244 | +34.6% |
| Amounts payable | 17/49 | €82,990 | €34,154 | -€48,837 | -58.8% |
| Amounts payable within one year | 42/48 | €80,040 | €31,154 | -€48,887 | -61.1% |
| Trade debts | 44 | €20,510 | €2,654 | -€17,856 | -87.1% |
| Suppliers | 440/4 | €20,510 | €2,654 | -€17,856 | -87.1% |
| Taxes, remuneration and social security | 45 | €25,631 | €25,945 | +€314 | +1.2% |
| Taxes | 450/3 | €25,631 | €25,945 | +€314 | +1.2% |
| Other amounts payable | 47/48 | €33,899 | €2,555 | -€31,344 | -92.5% |
| Accrued charges and deferred income | 492/3 | €2,950 | €3,000 | +€50 | +1.7% |
| Non-recurring operating income | 76A | - | €423 | +€423 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,200 | €16,864 | -€4,336 | -20.5% |
| Other operating charges | 640/8 | €21,516 | €21,094 | -€422 | -2.0% |
| Gross operating margin | 9900 | €63,404 | €46,494 | -€16,910 | -26.7% |
| Operating profit (loss) | 9901 | €20,688 | €8,536 | -€12,152 | -58.7% |
| Financial income | 75/76B | €1,443 | €237 | -€1,206 | -83.6% |
| Recurring financial income | 75 | €1,443 | €237 | -€1,206 | -83.6% |
| Financial charges | 65/66B | €1,755 | €1,633 | -€122 | -6.9% |
| Recurring financial charges | 65 | €1,755 | €1,633 | -€122 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €20,376 | €7,140 | -€13,236 | -65.0% |
| Income taxes | 67/77 | €9,662 | €5,230 | -€4,432 | -45.9% |
| Profit (loss) for the period | 9904 | €10,715 | €1,910 | -€8,804 | -82.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,715 | €1,910 | -€8,804 | -82.2% |
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 30 October 2026 via checked.be.