B-OPEN: 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-OPEN
Largest movements
- Cash -€15,228
no longer reported in 2025 (was €15,228)
mainly Current investments (-€14,533) and Investment in fixed assets (net) (-€12,354)
- Current investments +€14,533
new in 2025: €14,533
- Receivables within one year -€5,257
down €5,257 (-73.4%), from €7,166 to €1,909
- Tangible fixed assets +€5,018
up €5,018 (+20.9%), from €23,988 to €29,006
- Stocks and contracts +€2,965
new in 2025: €2,965
- Profit (loss) carried forward +€4,913
up €4,913 (+20.2%), from €24,292 to €29,205
- Trade debts -€2,090
down €2,090 (-92.2%), from €2,266 to €176
- Tax, wage and social debts -€587
down €587 (-68.1%), from €862 to €275
- Gross operating margin +€16,590
up €16,590, from -€3,075 to €13,515
- Depreciation +€6,526
up €6,526 (+805.7%), from €810 to €7,336
- Other operating charges +€541
up €541 (+139.8%), from €387 to €928
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 | €47,945 | €50,081 | +€2,136 | +4.5% |
| Fixed assets | 21/28 | €23,988 | €29,006 | +€5,018 | +20.9% |
| Tangible fixed assets | 22/27 | €23,988 | €29,006 | +€5,018 | +20.9% |
| Furniture and vehicles | 24 | €23,988 | €29,006 | +€5,018 | +20.9% |
| Current assets | 29/58 | €23,957 | €21,075 | -€2,882 | -12.0% |
| Stocks and contracts in progress | 3 | - | €2,965 | +€2,965 | |
| Stocks | 30/36 | - | €2,965 | +€2,965 | |
| Amounts receivable within one year | 40/41 | €7,166 | €1,909 | -€5,257 | -73.4% |
| Other amounts receivable | 41 | €7,166 | €1,909 | -€5,257 | -73.4% |
| Current investments | 50/53 | - | €14,533 | +€14,533 | |
| Cash at bank and in hand | 54/58 | €15,228 | - | -€15,228 | |
| Deferred charges and accrued income | 490/1 | €1,563 | €1,668 | +€105 | +6.7% |
| Total equity and liabilities | 10/49 | €47,945 | €50,081 | +€2,136 | +4.5% |
| Equity | 10/15 | €43,917 | €48,830 | +€4,913 | +11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,025 | €1,025 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,025 | €1,025 | = | 0.0% |
| Legal reserve | 130 | €1,025 | - | -€1,025 | |
| Reserves not available under the articles | 1311 | - | €1,025 | +€1,025 | |
| Profit (loss) carried forward | 14 | €24,292 | €29,205 | +€4,913 | +20.2% |
| Amounts payable | 17/49 | €4,028 | €1,251 | -€2,777 | -68.9% |
| Amounts payable within one year | 42/48 | €3,128 | €451 | -€2,677 | -85.6% |
| Trade debts | 44 | €2,266 | €176 | -€2,090 | -92.2% |
| Suppliers | 440/4 | €2,266 | €176 | -€2,090 | -92.2% |
| Taxes, remuneration and social security | 45 | €862 | €275 | -€587 | -68.1% |
| Taxes | 450/3 | €862 | €275 | -€587 | -68.1% |
| Accrued charges and deferred income | 492/3 | €900 | €800 | -€100 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €810 | €7,336 | +€6,526 | +805.7% |
| Other operating charges | 640/8 | €387 | €928 | +€541 | +139.8% |
| Gross operating margin | 9900 | -€3,075 | €13,515 | +€16,590 | |
| Operating profit (loss) | 9901 | -€4,272 | €5,251 | +€9,523 | |
| Financial charges | 65/66B | €255 | €338 | +€83 | +32.5% |
| Recurring financial charges | 65 | €255 | €338 | +€83 | +32.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,527 | €4,913 | +€9,440 | |
| Profit (loss) for the period | 9904 | -€4,527 | €4,913 | +€9,440 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,527 | €4,913 | +€9,440 |
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 3 October 2026 via checked.be.