B.S.N.: 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.N.
Largest movements
- Receivables within one year +€156,853
up €156,853 (+251.5%), from €62,376 to €219,229
- Stocks and contracts +€80,733
up €80,733, from €0 to €80,733
- Tangible fixed assets +€28,265
new in 2009: €28,265
- Debts +€261,974
up €261,974 (+304.0%), from €86,173 to €348,147
of which Debts within one year: +€274,147
- Gross operating margin +€304,368
up €304,368 (+816.2%), from €37,290 to €341,658
From the 2008 result to the 2009 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 2008 and 2009 balance sheets and the 2009 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2008 | 2009 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,496 | €345,848 | +€263,352 | +319.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €2,250 | €30,265 | +€28,015 | +1245.1% |
| Intangible fixed assets | 21 | €2,250 | €2,000 | -€250 | -11.1% |
| Tangible fixed assets | 22/27 | - | €28,265 | +€28,265 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €80,246 | €315,583 | +€235,337 | +293.3% |
| Stocks and contracts in progress | 3 | €0 | €80,733 | +€80,733 | |
| Amounts receivable within one year | 40/41 | €62,376 | €219,229 | +€156,853 | +251.5% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €17,870 | €15,621 | -€2,249 | -12.6% |
| Total equity and liabilities | 10/49 | €82,496 | €345,848 | +€263,352 | +319.2% |
| Equity | 10/15 | -€3,677 | -€2,299 | +€1,378 | +37.5% |
| Contributions | 10/11 | €9,904 | €9,904 | = | 0.0% |
| Reserves | 13 | €472 | €472 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,053 | -€12,675 | +€1,378 | +9.8% |
| Amounts payable | 17/49 | €86,173 | €348,147 | +€261,974 | +304.0% |
| Amounts payable after more than one year | 17 | - | €20,000 | +€20,000 | |
| Amounts payable within one year | 42/48 | €54,000 | €328,147 | +€274,147 | +507.7% |
| Trade debts | 44 | €11,360 | €194,058 | +€182,698 | +1608.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €250 | €1,358 | +€1,108 | +443.2% |
| Gross operating margin | 9900 | €37,290 | €341,658 | +€304,368 | +816.2% |
| Operating profit (loss) | 9901 | €1,330 | €10,508 | +€9,178 | +690.1% |
| Recurring financial income | 75 | €0 | €57 | +€57 | |
| Recurring financial charges | 65 | €338 | €9,178 | +€8,840 | +2615.4% |
| Profit (loss) for the period before taxes | 9903 | €992 | €1,387 | +€395 | +39.8% |
| Income taxes | 67/77 | €317 | €9 | -€308 | -97.2% |
| Profit (loss) for the period | 9904 | €675 | €1,378 | +€703 | +104.1% |
| Profit (loss) for the period to be appropriated | 9905 | €675 | €1,378 | +€703 | +104.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2008 and 31 December 2009. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.