B&S: 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&S
Largest movements
- Receivables within one year +€38,022
up €38,022 (+69.7%), from €54,575 to €92,597
of which Trade receivables: +€27,475
- Cash +€2,140
up €2,140 (+16.1%), from €13,298 to €15,438
mainly Trade debts (+€26,970) and Net result for the year (+€11,754)
- Tangible fixed assets +€2,094
new in 2025: €2,094
- Trade debts +€26,970
up €26,970 (+72.2%), from €37,351 to €64,321
- Profit (loss) carried forward +€11,754
up €11,754 (+55.3%), from €21,263 to €33,017
- Tax, wage and social debts +€3,532
up €3,532 (+67.2%), from €5,259 to €8,790
of which Remuneration and social security: +€3,000
- Other operating charges +€729
up €729 (+84.3%), from €864 to €1,593
- Financial income +€595
up €595 (+124%), from €481 to €1,076
- Taxes +€465
up €465 (+11.1%), from €4,200 to €4,665
- Gross operating margin -€448
down €448 (-2.5%), from €17,667 to €17,219
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 | €67,873 | €110,128 | +€42,255 | +62.3% |
| Fixed assets | 21/28 | - | €2,094 | +€2,094 | |
| Tangible fixed assets | 22/27 | - | €2,094 | +€2,094 | |
| Plant, machinery and equipment | 23 | - | €2,094 | +€2,094 | |
| Current assets | 29/58 | €67,873 | €108,035 | +€40,162 | +59.2% |
| Amounts receivable within one year | 40/41 | €54,575 | €92,597 | +€38,022 | +69.7% |
| Trade receivables | 40 | €38,025 | €65,500 | +€27,475 | +72.3% |
| Other amounts receivable | 41 | €16,550 | €27,097 | +€10,547 | +63.7% |
| Cash at bank and in hand | 54/58 | €13,298 | €15,438 | +€2,140 | +16.1% |
| Total equity and liabilities | 10/49 | €67,873 | €110,128 | +€42,255 | +62.3% |
| Equity | 10/15 | €25,263 | €37,017 | +€11,754 | +46.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,263 | €33,017 | +€11,754 | +55.3% |
| Amounts payable | 17/49 | €42,610 | €73,112 | +€30,502 | +71.6% |
| Amounts payable within one year | 42/48 | €42,610 | €73,112 | +€30,502 | +71.6% |
| Trade debts | 44 | €37,351 | €64,321 | +€26,970 | +72.2% |
| Suppliers | 440/4 | €37,351 | €64,321 | +€26,970 | +72.2% |
| Taxes, remuneration and social security | 45 | €5,259 | €8,790 | +€3,532 | +67.2% |
| Taxes | 450/3 | €4,559 | €5,090 | +€532 | +11.7% |
| Remuneration and social security | 454/9 | €700 | €3,700 | +€3,000 | +429% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €157 | +€157 | |
| Other operating charges | 640/8 | €864 | €1,593 | +€729 | +84.3% |
| Gross operating margin | 9900 | €17,667 | €17,219 | -€448 | -2.5% |
| Operating profit (loss) | 9901 | €16,802 | €15,468 | -€1,334 | -7.9% |
| Financial income | 75/76B | €481 | €1,076 | +€595 | +124% |
| Recurring financial income | 75 | €481 | €1,076 | +€595 | +124% |
| Financial charges | 65/66B | €149 | €126 | -€24 | -15.9% |
| Recurring financial charges | 65 | €149 | €126 | -€24 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €17,134 | €16,419 | -€716 | -4.2% |
| Income taxes | 67/77 | €4,200 | €4,665 | +€465 | +11.1% |
| Profit (loss) for the period | 9904 | €12,934 | €11,754 | -€1,180 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,934 | €11,754 | -€1,180 | -9.1% |
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 15 October 2026 via checked.be.