B-STRONG: what changed
Two fiscal 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-STRONG
Largest movements
- Cash +€38,470
up €38,470 (+113.6%), from €33,858 to €72,328
mainly Net result for the year (+€41,632) and Receivables within one year (+€6,006)
- Receivables within one year -€6,006
no longer reported in 2025 (was €6,006)
- Tangible fixed assets +€5,004
up €5,004 (+30.4%), from €16,464 to €21,468
of which Plant, machinery and equipment: +€8,291
- Deferred charges and accrued income +€4,612
up €4,612 (+103.0%), from €4,476 to €9,088
- Reserves +€41,632
up €41,632 (+86.7%), from €48,014 to €89,646
- Gross operating margin +€32,665
up €32,665 (+108.6%), from €30,081 to €62,746
- Taxes +€9,571
up €9,571 (+174.2%), from €5,494 to €15,065
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.
Cash bridge derived
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 | €60,804 | €102,884 | +€42,080 | +69.2% |
| Fixed assets | 21/28 | €16,464 | €21,468 | +€5,004 | +30.4% |
| Tangible fixed assets | 22/27 | €16,464 | €21,468 | +€5,004 | +30.4% |
| Plant, machinery and equipment | 23 | €4,085 | €12,376 | +€8,291 | +203.0% |
| Furniture and vehicles | 24 | €12,379 | €9,092 | -€3,287 | -26.5% |
| Current assets | 29/58 | €44,340 | €81,416 | +€37,075 | +83.6% |
| Amounts receivable within one year | 40/41 | €6,006 | - | -€6,006 | |
| Other amounts receivable | 41 | €6,006 | - | -€6,006 | |
| Cash at bank and in hand | 54/58 | €33,858 | €72,328 | +€38,470 | +113.6% |
| Deferred charges and accrued income | 490/1 | €4,476 | €9,088 | +€4,612 | +103.0% |
| Total equity and liabilities | 10/49 | €60,804 | €102,884 | +€42,080 | +69.2% |
| Equity | 10/15 | €53,014 | €94,646 | +€41,632 | +78.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €48,014 | €89,646 | +€41,632 | +86.7% |
| Distributable reserves | 133 | €48,014 | €89,646 | +€41,632 | +86.7% |
| Amounts payable | 17/49 | €7,791 | €8,238 | +€447 | +5.7% |
| Amounts payable within one year | 42/48 | €7,791 | €8,238 | +€447 | +5.7% |
| Trade debts | 44 | €2,483 | €2,682 | +€199 | +8.0% |
| Suppliers | 440/4 | €2,483 | €2,682 | +€199 | +8.0% |
| Taxes, remuneration and social security | 45 | - | €65 | +€65 | |
| Taxes | 450/3 | - | €65 | +€65 | |
| Other amounts payable | 47/48 | €5,308 | €5,492 | +€184 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,459 | €5,748 | +€289 | +5.3% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €30,081 | €62,746 | +€32,665 | +108.6% |
| Operating profit (loss) | 9901 | €24,481 | €56,853 | +€32,373 | +132.2% |
| Financial income | 75/76B | €37 | - | -€37 | |
| Recurring financial income | 75 | €37 | - | -€37 | |
| Financial charges | 65/66B | €156 | €156 | +€0 | +0.2% |
| Recurring financial charges | 65 | €156 | €156 | +€0 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €24,362 | €56,697 | +€32,335 | +132.7% |
| Income taxes | 67/77 | €5,494 | €15,065 | +€9,571 | +174.2% |
| Profit (loss) for the period | 9904 | €18,868 | €41,632 | +€22,765 | +120.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,868 | €41,632 | +€22,765 | +120.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.