B & S LEASE: 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 LEASE
Largest movements
- Receivables within one year -€266,841
down €266,841 (-80.4%), from €331,927 to €65,087
of which Trade receivables: -€229,611
- Deferred charges and accrued income +€140,738
up €140,738 (+12,507%), from €1,125 to €141,863
- Tangible fixed assets +€103,771
up €103,771 (+53.6%), from €193,721 to €297,492
of which Land and buildings: +€94,268
- Cash +€89,253
up €89,253 (+557%), from €16,021 to €105,274
mainly Receivables within one year (+€266,841) and Depreciation (+€73,245)
- Stocks and contracts -€30,000
down €30,000 (-14.6%), from €205,650 to €175,650
- Other debts -€37,400
down €37,400 (-18.8%), from €198,736 to €161,336
- Current portion of long-term debt +€25,293
up €25,293 (+27.2%), from €93,016 to €118,310
- Reserves +€21,140
up €21,140 (+9.0%), from €235,198 to €256,338
- Tax, wage and social debts +€17,841
up €17,841 (+470%), from €3,792 to €21,633
of which Taxes: +€15,570
- Trade debts +€16,595
up €16,595 (+18.7%), from €88,755 to €105,350
- Gross operating margin +€100,665
up €100,665 (+58.4%), from €172,225 to €272,890
- Financial income -€66,607
down €66,607 (-100.0%), from €66,632 to €25
- Staff costs +€37,046
up €37,046 (+55.8%), from €66,434 to €103,480
- Other operating charges -€25,114
down €25,114 (-48.0%), from €52,362 to €27,248
- Depreciation +€15,532
up €15,532 (+26.9%), from €57,713 to €73,245
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 | €748,445 | €785,366 | +€36,921 | +4.9% |
| Fixed assets | 21/28 | €193,721 | €297,492 | +€103,771 | +53.6% |
| Tangible fixed assets | 22/27 | €193,721 | €297,492 | +€103,771 | +53.6% |
| Land and buildings | 22 | €54,449 | €148,717 | +€94,268 | +173% |
| Plant, machinery and equipment | 23 | €5,420 | €3,846 | -€1,575 | -29.1% |
| Furniture and vehicles | 24 | €133,852 | €144,930 | +€11,078 | +8.3% |
| Current assets | 29/58 | €554,724 | €487,874 | -€66,850 | -12.1% |
| Stocks and contracts in progress | 3 | €205,650 | €175,650 | -€30,000 | -14.6% |
| Stocks | 30/36 | €205,650 | €175,650 | -€30,000 | -14.6% |
| Amounts receivable within one year | 40/41 | €331,927 | €65,087 | -€266,841 | -80.4% |
| Trade receivables | 40 | €284,889 | €55,278 | -€229,611 | -80.6% |
| Other amounts receivable | 41 | €47,038 | €9,808 | -€37,230 | -79.1% |
| Cash at bank and in hand | 54/58 | €16,021 | €105,274 | +€89,253 | +557% |
| Deferred charges and accrued income | 490/1 | €1,125 | €141,863 | +€140,738 | +12,507% |
| Total equity and liabilities | 10/49 | €748,445 | €785,366 | +€36,921 | +4.9% |
| Equity | 10/15 | €253,798 | €274,938 | +€21,140 | +8.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €235,198 | €256,338 | +€21,140 | +9.0% |
| Distributable reserves | 133 | €235,198 | €256,338 | +€21,140 | +9.0% |
| Amounts payable | 17/49 | €494,647 | €510,428 | +€15,782 | +3.2% |
| Amounts payable after more than one year | 17 | €110,347 | €103,800 | -€6,547 | -5.9% |
| Financial debts | 170/4 | €110,347 | €103,800 | -€6,547 | -5.9% |
| Amounts payable within one year | 42/48 | €384,299 | €406,628 | +€22,329 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €93,016 | €118,310 | +€25,293 | +27.2% |
| Trade debts | 44 | €88,755 | €105,350 | +€16,595 | +18.7% |
| Suppliers | 440/4 | €88,755 | €105,350 | +€16,595 | +18.7% |
| Taxes, remuneration and social security | 45 | €3,792 | €21,633 | +€17,841 | +470% |
| Taxes | 450/3 | - | €15,570 | +€15,570 | |
| Remuneration and social security | 454/9 | €3,792 | €6,063 | +€2,270 | +59.9% |
| Other amounts payable | 47/48 | €198,736 | €161,336 | -€37,400 | -18.8% |
| Non-recurring operating income | 76A | €83,988 | €195 | -€83,793 | -99.8% |
| Remuneration, social security and pensions | 62 | €66,434 | €103,480 | +€37,046 | +55.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,713 | €73,245 | +€15,532 | +26.9% |
| Other operating charges | 640/8 | €52,362 | €27,248 | -€25,114 | -48.0% |
| Non-recurring operating charges | 66A | €12,239 | - | -€12,239 | |
| Gross operating margin | 9900 | €172,225 | €272,890 | +€100,665 | +58.4% |
| Operating profit (loss) | 9901 | -€16,524 | €68,916 | +€85,440 | |
| Financial income | 75/76B | €66,632 | €25 | -€66,607 | -100.0% |
| Recurring financial income | 75 | €66,632 | €25 | -€66,607 | -100.0% |
| Financial charges | 65/66B | €39,625 | €34,200 | -€5,425 | -13.7% |
| Recurring financial charges | 65 | €39,625 | €34,200 | -€5,425 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €10,483 | €34,741 | +€24,258 | +231% |
| Income taxes | 67/77 | €113 | €13,602 | +€13,489 | +11,990% |
| Profit (loss) for the period | 9904 | €10,370 | €21,140 | +€10,769 | +104% |
| Profit (loss) for the period to be appropriated | 9905 | €10,370 | €21,140 | +€10,769 | +104% |
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 31 October 2026 via checked.be.