B.S.K ALLIANCE: what changed
B.S.K ALLIANCE
Largest movements
- Cash +€56,751
up €56,751 (+77.4%), from €73,286 to €130,037
mainly Net result for the year (+€125,150) and Depreciation (+€46,156)
- Tangible fixed assets -€31,769
down €31,769 (-8.7%), from €366,968 to €335,199
- Deferred charges and accrued income +€16,748
up €16,748 (+232%), from €7,220 to €23,968
- Profit (loss) carried forward +€125,150
up €125,150, from -€122,559 to €2,591
- Debts after one year -€82,153
down €82,153 (-16.0%), from €512,260 to €430,107
of which Other amounts payable: -€53,647
- Tax, wage and social debts +€12,486
up €12,486 (+541%), from €2,309 to €14,794
of which Remuneration and social security: +€6,826
- Current portion of long-term debt -€10,224
down €10,224 (-27.3%), from €37,419 to €27,196
- Contributions -€5,000
down €5,000 (-33.3%), from €15,000 to €10,000
- Gross operating margin +€182,080
up €182,080 (+228%), from €79,715 to €261,795
- Staff costs +€49,756
up €49,756 (+369%), from €13,484 to €63,240
- Taxes +€5,659
new in 2025: €5,659
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €449,060 | €490,093 | +€41,033 | +9.1% |
| Fixed assets | 21/28 | €368,349 | €335,883 | -€32,466 | -8.8% |
| Intangible fixed assets | 21 | €1,381 | €684 | -€697 | -50.4% |
| Tangible fixed assets | 22/27 | €366,968 | €335,199 | -€31,769 | -8.7% |
| Land and buildings | 22 | €190,232 | €180,566 | -€9,666 | -5.1% |
| Plant, machinery and equipment | 23 | €107,816 | €102,397 | -€5,419 | -5.0% |
| Furniture and vehicles | 24 | €22,492 | €15,094 | -€7,398 | -32.9% |
| Leasing and similar rights | 25 | €46,429 | €37,143 | -€9,286 | -20.0% |
| Current assets | 29/58 | €80,711 | €154,210 | +€73,499 | +91.1% |
| Amounts receivable within one year | 40/41 | €205 | €205 | = | 0.0% |
| Other amounts receivable | 41 | €205 | €205 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €73,286 | €130,037 | +€56,751 | +77.4% |
| Deferred charges and accrued income | 490/1 | €7,220 | €23,968 | +€16,748 | +232% |
| Total equity and liabilities | 10/49 | €449,060 | €490,093 | +€41,033 | +9.1% |
| Equity | 10/15 | -€107,559 | €12,591 | +€120,150 | |
| Contributions | 10/11 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Profit (loss) carried forward | 14 | -€122,559 | €2,591 | +€125,150 | |
| Amounts payable | 17/49 | €556,619 | €477,502 | -€79,117 | -14.2% |
| Amounts payable after more than one year | 17 | €512,260 | €430,107 | -€82,153 | -16.0% |
| Financial debts | 170/4 | €332,936 | €304,431 | -€28,506 | -8.6% |
| Other amounts payable | 178/9 | €179,323 | €125,676 | -€53,647 | -29.9% |
| Amounts payable within one year | 42/48 | €44,359 | €47,395 | +€3,036 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €37,419 | €27,196 | -€10,224 | -27.3% |
| Trade debts | 44 | €4,631 | €5,405 | +€774 | +16.7% |
| Suppliers | 440/4 | €4,631 | €5,405 | +€774 | +16.7% |
| Taxes, remuneration and social security | 45 | €2,309 | €14,794 | +€12,486 | +541% |
| Taxes | 450/3 | - | €5,659 | +€5,659 | |
| Remuneration and social security | 454/9 | €2,309 | €9,135 | +€6,826 | +296% |
| Remuneration, social security and pensions | 62 | €13,484 | €63,240 | +€49,756 | +369% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,669 | €46,156 | +€1,487 | +3.3% |
| Other operating charges | 640/8 | €4,359 | €4,430 | +€71 | +1.6% |
| Non-recurring operating charges | 66A | - | €11,067 | +€11,067 | |
| Gross operating margin | 9900 | €79,715 | €261,795 | +€182,080 | +228% |
| Operating profit (loss) | 9901 | €17,203 | €136,901 | +€119,698 | +696% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,234 | €6,092 | +€858 | +16.4% |
| Recurring financial charges | 65 | €5,234 | €6,092 | +€858 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €11,969 | €130,809 | +€118,840 | +993% |
| Income taxes | 67/77 | - | €5,659 | +€5,659 | |
| Profit (loss) for the period | 9904 | €11,969 | €125,150 | +€113,181 | +946% |
| Profit (loss) for the period to be appropriated | 9905 | €11,969 | €125,150 | +€113,181 | +946% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.