B&P HOLDING: 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&P HOLDING
Largest movements
- Receivables after one year +€7.8m
new in 2025: €7.8m
- Financial fixed assets -€1.9m
no longer reported in 2025 (was €1.9m)
- Tangible fixed assets -€783,493
no longer reported in 2025 (was €783,493)
- Stocks and contracts -€706,593
no longer reported in 2025 (was €706,593)
- Cash -€250,166
down €250,166 (-78.8%), from €317,548 to €67,382
mainly Receivables after one year (-€7.8m) and Other debts (-€2.2m)
- Reserves +€6.6m
up €6.6m (+375%), from €1.8m to €8.3m
- Other debts -€2.2m
down €2.2m (-99.9%), from €2.2m to €2,640
- Trade debts -€409,501
down €409,501 (-75.9%), from €539,466 to €129,965
- Tax, wage and social debts +€353,671
up €353,671 (+117%), from €303,422 to €657,093
- Financial income +€7.2m
up €7.2m (+517,812%), from €1,398 to €7.2m
of which Non-recurring financial income: +€7.1m
- Gross operating margin -€1.1m
down €1.1m (-92.0%), from €1.2m to €93,387
- Taxes +€373,546
up €373,546 (+113%), from €330,508 to €704,053
- Depreciation -€52,492
no longer reported in 2025 (was €52,492)
- Financial charges -€14,667
down €14,667 (-24.2%), from €60,600 to €45,933
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 | €4,903,822 | €9,225,171 | +€4.3m | +88.1% |
| Fixed assets | 21/28 | €2,675,366 | - | -€2.7m | |
| Tangible fixed assets | 22/27 | €783,493 | - | -€783,493 | |
| Land and buildings | 22 | €783,493 | - | -€783,493 | |
| Financial fixed assets | 28 | €1,891,873 | - | -€1.9m | |
| Current assets | 29/58 | €2,228,456 | €9,225,171 | +€7.0m | +314% |
| Amounts receivable after more than one year | 29 | - | €7,750,000 | +€7.8m | |
| Other amounts receivable | 291 | - | €7,750,000 | +€7.8m | |
| Stocks and contracts in progress | 3 | €706,593 | - | -€706,593 | |
| Stocks | 30/36 | €706,593 | - | -€706,593 | |
| Amounts receivable within one year | 40/41 | €1,203,360 | €1,273,584 | +€70,224 | +5.8% |
| Trade receivables | 40 | €1,203,360 | €28 | -€1.2m | -100.0% |
| Other amounts receivable | 41 | - | €1,273,557 | +€1.3m | |
| Cash at bank and in hand | 54/58 | €317,548 | €67,382 | -€250,166 | -78.8% |
| Deferred charges and accrued income | 490/1 | €955 | €134,206 | +€133,251 | +13,951% |
| Total equity and liabilities | 10/49 | €4,903,822 | €9,225,171 | +€4.3m | +88.1% |
| Equity | 10/15 | €1,817,427 | €8,401,516 | +€6.6m | +362% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,755,427 | €8,339,516 | +€6.6m | +375% |
| Non-distributable reserves | 130/1 | €1,755,427 | €8,339,516 | +€6.6m | +375% |
| Legal reserve | 130 | €70,064 | €70,064 | = | 0.0% |
| Other | 1319 | €1,685,363 | €8,269,452 | +€6.6m | +391% |
| Amounts payable | 17/49 | €3,086,395 | €823,656 | -€2.3m | -73.3% |
| Amounts payable within one year | 42/48 | €3,029,569 | €789,698 | -€2.2m | -73.9% |
| Trade debts | 44 | €539,466 | €129,965 | -€409,501 | -75.9% |
| Suppliers | 440/4 | €539,466 | €129,965 | -€409,501 | -75.9% |
| Taxes, remuneration and social security | 45 | €303,422 | €657,093 | +€353,671 | +117% |
| Taxes | 450/3 | €303,422 | €657,093 | +€353,671 | +117% |
| Other amounts payable | 47/48 | €2,186,681 | €2,640 | -€2.2m | -99.9% |
| Accrued charges and deferred income | 492/3 | €56,826 | €33,958 | -€22,868 | -40.2% |
| Non-recurring operating income | 76A | - | €7,729 | +€7,729 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,492 | - | -€52,492 | |
| Other operating charges | 640/8 | €4,653 | €1,644 | -€3,009 | -64.7% |
| Non-recurring operating charges | 66A | €30,888 | - | -€30,888 | |
| Gross operating margin | 9900 | €1,174,414 | €93,387 | -€1.1m | -92.0% |
| Operating profit (loss) | 9901 | €1,086,381 | €91,742 | -€994,639 | -91.6% |
| Financial income | 75/76B | €1,398 | €7,242,333 | +€7.2m | +517,812% |
| Recurring financial income | 75 | €1,398 | €134,206 | +€132,807 | +9,497% |
| Non-recurring financial income | 76B | - | €7,108,127 | +€7.1m | |
| Financial charges | 65/66B | €60,600 | €45,933 | -€14,667 | -24.2% |
| Recurring financial charges | 65 | €60,600 | €45,933 | -€14,667 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €1,027,180 | €7,288,142 | +€6.3m | +610% |
| Income taxes | 67/77 | €330,508 | €704,053 | +€373,546 | +113% |
| Profit (loss) for the period | 9904 | €696,672 | €6,584,089 | +€5.9m | +845% |
| Profit (loss) for the period to be appropriated | 9905 | €696,672 | €6,584,089 | +€5.9m | +845% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.