B NEXT MANAGEMENT: 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 NEXT MANAGEMENT
Largest movements
- Stocks and contracts -€24,250
no longer reported in 2025 (was €24,250)
- Receivables within one year +€11,163
up €11,163 (+24.0%), from €46,568 to €57,731
of which Trade receivables: +€11,412
- Other debts +€18,496
up €18,496 (+155%), from €11,962 to €30,458
- Profit (loss) carried forward -€17,184
down €17,184, from €3,928 to -€13,256
- Debts after one year -€10,595
no longer reported in 2025 (was €10,595)
- Trade debts -€5,014
down €5,014 (-53.2%), from €9,432 to €4,419
- Gross operating margin -€36,688
down €36,688, from €24,692 to -€11,995
- Staff costs -€23,114
no longer reported in 2025 (was €23,114)
- Taxes +€1,293
up €1,293 (+1,045%), from €124 to €1,416
- Financial charges +€1,148
up €1,148 (+77.1%), from €1,489 to €2,637
- Other operating charges +€1,082
up €1,082 (+1,980%), from €55 to €1,136
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 | €103,782 | €90,105 | -€13,677 | -13.2% |
| Fixed assets | 21/28 | €32,000 | €32,000 | = | 0.0% |
| Financial fixed assets | 28 | €32,000 | €32,000 | = | 0.0% |
| Current assets | 29/58 | €71,782 | €58,105 | -€13,677 | -19.1% |
| Stocks and contracts in progress | 3 | €24,250 | - | -€24,250 | |
| Contracts in progress | 37 | €24,250 | - | -€24,250 | |
| Amounts receivable within one year | 40/41 | €46,568 | €57,731 | +€11,163 | +24.0% |
| Trade receivables | 40 | €42,073 | €53,485 | +€11,412 | +27.1% |
| Other amounts receivable | 41 | €4,495 | €4,246 | -€249 | -5.5% |
| Cash at bank and in hand | 54/58 | €964 | €374 | -€590 | -61.2% |
| Total equity and liabilities | 10/49 | €103,782 | €90,105 | -€13,677 | -13.2% |
| Equity | 10/15 | €25,508 | €8,324 | -€17,184 | -67.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Revaluation surpluses | 12 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €481 | €481 | = | 0.0% |
| Non-distributable reserves | 130/1 | €481 | €481 | = | 0.0% |
| Legal reserve | 130 | €481 | - | -€481 | |
| Other | 1319 | - | €481 | +€481 | |
| Profit (loss) carried forward | 14 | €3,928 | -€13,256 | -€17,184 | |
| Amounts payable | 17/49 | €78,273 | €81,780 | +€3,507 | +4.5% |
| Amounts payable after more than one year | 17 | €10,595 | - | -€10,595 | |
| Other amounts payable | 178/9 | €10,595 | - | -€10,595 | |
| Amounts payable within one year | 42/48 | €67,678 | €81,780 | +€14,102 | +20.8% |
| Financial debts | 43 | €44,696 | €45,498 | +€802 | +1.8% |
| Credit institutions | 430/8 | €44,696 | €45,498 | +€802 | +1.8% |
| Trade debts | 44 | €9,432 | €4,419 | -€5,014 | -53.2% |
| Suppliers | 440/4 | €9,432 | €4,419 | -€5,014 | -53.2% |
| Taxes, remuneration and social security | 45 | €1,588 | €1,405 | -€182 | -11.5% |
| Taxes | 450/3 | €1,588 | €1,405 | -€182 | -11.5% |
| Other amounts payable | 47/48 | €11,962 | €30,458 | +€18,496 | +155% |
| Remuneration, social security and pensions | 62 | €23,114 | - | -€23,114 | |
| Other operating charges | 640/8 | €55 | €1,136 | +€1,082 | +1,980% |
| Gross operating margin | 9900 | €24,692 | -€11,995 | -€36,688 | |
| Operating profit (loss) | 9901 | €1,524 | -€13,131 | -€14,655 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,489 | €2,637 | +€1,148 | +77.1% |
| Recurring financial charges | 65 | €1,489 | €2,637 | +€1,148 | +77.1% |
| Profit (loss) for the period before taxes | 9903 | €34 | -€15,768 | -€15,802 | |
| Income taxes | 67/77 | €124 | €1,416 | +€1,293 | +1,045% |
| Profit (loss) for the period | 9904 | -€89 | -€17,184 | -€17,095 | -19,154% |
| Profit (loss) for the period to be appropriated | 9905 | -€89 | -€17,184 | -€17,095 | -19,154% |
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 13 October 2026 via checked.be.