B&S SOLUTION: 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 SOLUTION
Largest movements
- Receivables within one year -€38,810
down €38,810 (-72.9%), from €53,250 to €14,440
of which Other amounts receivable: -€36,099
- Tangible fixed assets +€10,456
up €10,456 (+114.1%), from €9,167 to €19,623
of which Furniture and vehicles: +€9,695
- Cash -€9,978
down €9,978 (-20.7%), from €48,142 to €38,165
mainly Net result for the year (-€19,152) and Investment in fixed assets (net) (-€18,700)
- Profit (loss) carried forward -€19,152
new in 2024: -€19,152
- Debts after one year -€8,470
down €8,470 (-13.4%), from €63,030 to €54,560
- Trade debts -€6,187
down €6,187 (-52.4%), from €11,797 to €5,610
- Current portion of long-term debt -€3,679
down €3,679 (-30.3%), from €12,149 to €8,470
- Financial income -€14,291
down €14,291 (-94.2%), from €15,177 to €886
of which Non-recurring financial income: -€12,621
- Gross operating margin -€7,601
down €7,601 (-675.1%), from -€1,126 to -€8,726
- Taxes -€4,265
no longer reported in 2024 (was €4,265)
- Depreciation +€2,293
up €2,293 (+38.5%), from €5,951 to €8,244
- Financial charges +€428
up €428 (+18.1%), from €2,369 to €2,797
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,560 | €72,227 | -€38,332 | -34.7% |
| Fixed assets | 21/28 | €9,167 | €19,623 | +€10,456 | +114.1% |
| Tangible fixed assets | 22/27 | €9,167 | €19,623 | +€10,456 | +114.1% |
| Plant, machinery and equipment | 23 | €879 | €1,639 | +€761 | +86.6% |
| Furniture and vehicles | 24 | €8,288 | €17,984 | +€9,695 | +117.0% |
| Current assets | 29/58 | €101,393 | €52,604 | -€48,788 | -48.1% |
| Amounts receivable within one year | 40/41 | €53,250 | €14,440 | -€38,810 | -72.9% |
| Trade receivables | 40 | €9,402 | €6,691 | -€2,711 | -28.8% |
| Other amounts receivable | 41 | €43,848 | €7,749 | -€36,099 | -82.3% |
| Cash at bank and in hand | 54/58 | €48,142 | €38,165 | -€9,978 | -20.7% |
| Total equity and liabilities | 10/49 | €110,560 | €72,227 | -€38,332 | -34.7% |
| Equity | 10/15 | €21,173 | €2,021 | -€19,152 | -90.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €20,673 | €20,673 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50 | €50 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50 | €50 | = | 0.0% |
| Distributable reserves | 133 | €20,623 | €20,623 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€19,152 | -€19,152 | |
| Amounts payable | 17/49 | €89,386 | €70,206 | -€19,180 | -21.5% |
| Amounts payable after more than one year | 17 | €63,030 | €54,560 | -€8,470 | -13.4% |
| Financial debts | 170/4 | €63,030 | €54,560 | -€8,470 | -13.4% |
| Amounts payable within one year | 42/48 | €26,357 | €15,646 | -€10,710 | -40.6% |
| Current portion of amounts payable after more than one year | 42 | €12,149 | €8,470 | -€3,679 | -30.3% |
| Trade debts | 44 | €11,797 | €5,610 | -€6,187 | -52.4% |
| Suppliers | 440/4 | €11,797 | €5,610 | -€6,187 | -52.4% |
| Taxes, remuneration and social security | 45 | €2,410 | €1,566 | -€844 | -35.0% |
| Taxes | 450/3 | €2,410 | €1,566 | -€844 | -35.0% |
| Non-recurring operating income | 76A | €369 | - | -€369 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,951 | €8,244 | +€2,293 | +38.5% |
| Other operating charges | 640/8 | €422 | €270 | -€152 | -36.1% |
| Gross operating margin | 9900 | -€1,126 | -€8,726 | -€7,601 | -675.1% |
| Operating profit (loss) | 9901 | -€7,499 | -€17,241 | -€9,742 | -129.9% |
| Financial income | 75/76B | €15,177 | €886 | -€14,291 | -94.2% |
| Recurring financial income | 75 | €2,000 | €330 | -€1,670 | -83.5% |
| Non-recurring financial income | 76B | €13,177 | €556 | -€12,621 | -95.8% |
| Financial charges | 65/66B | €2,369 | €2,797 | +€428 | +18.1% |
| Recurring financial charges | 65 | €2,369 | €2,797 | +€428 | +18.1% |
| Profit (loss) for the period before taxes | 9903 | €5,309 | -€19,152 | -€24,461 | |
| Income taxes | 67/77 | €4,265 | - | -€4,265 | |
| Profit (loss) for the period | 9904 | €1,044 | -€19,152 | -€20,196 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,044 | -€19,152 | -€20,196 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.