B-Taste: 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-Taste
Largest movements
- Receivables within one year -€57,751
down €57,751 (-38.6%), from €149,576 to €91,825
of which Trade receivables: -€34,996
- Stocks and contracts +€47,885
up €47,885 (+150%), from €31,845 to €79,730
- Cash -€40,879
down €40,879 (-29.1%), from €140,282 to €99,404
mainly Investment in fixed assets (net) (-€62,433) and Contributions, distributions and other (-€60,000)
- Tangible fixed assets +€18,049
up €18,049 (+13.6%), from €132,801 to €150,850
of which Plant, machinery and equipment: +€23,564
- Reserves -€47,848
down €47,848 (-38.6%), from €123,982 to €76,134
- Other debts +€24,357
up €24,357 (+3,059%), from €796 to €25,153
- Tax, wage and social debts +€9,882
up €9,882 (+20.8%), from €47,521 to €57,403
of which Taxes: +€8,969
- Trade debts -€9,216
down €9,216 (-4.3%), from €213,326 to €204,109
- Debts after one year -€6,780
down €6,780 (-15.1%), from €44,979 to €38,199
- Staff costs +€54,260
up €54,260 (+34.1%), from €159,340 to €213,600
- Gross operating margin -€18,949
down €18,949 (-6.3%), from €299,964 to €281,015
- Taxes -€13,618
down €13,618 (-78.8%), from €17,274 to €3,656
- Depreciation +€7,759
up €7,759 (+21.5%), from €36,147 to €43,906
- Other operating charges -€4,965
down €4,965 (-54.3%), from €9,143 to €4,178
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 | €474,547 | €444,099 | -€30,448 | -6.4% |
| Fixed assets | 21/28 | €144,336 | €162,864 | +€18,528 | +12.8% |
| Intangible fixed assets | 21 | €5,235 | €5,714 | +€478 | +9.1% |
| Tangible fixed assets | 22/27 | €132,801 | €150,850 | +€18,049 | +13.6% |
| Land and buildings | 22 | €4,608 | €8,476 | +€3,867 | +83.9% |
| Plant, machinery and equipment | 23 | €86,287 | €109,851 | +€23,564 | +27.3% |
| Furniture and vehicles | 24 | €18,865 | €15,786 | -€3,078 | -16.3% |
| Other tangible fixed assets | 26 | €23,041 | €16,737 | -€6,304 | -27.4% |
| Financial fixed assets | 28 | €6,300 | €6,300 | = | 0.0% |
| Current assets | 29/58 | €330,211 | €281,235 | -€48,976 | -14.8% |
| Stocks and contracts in progress | 3 | €31,845 | €79,730 | +€47,885 | +150% |
| Stocks | 30/36 | €31,845 | €79,730 | +€47,885 | +150% |
| Amounts receivable within one year | 40/41 | €149,576 | €91,825 | -€57,751 | -38.6% |
| Trade receivables | 40 | €88,163 | €53,166 | -€34,996 | -39.7% |
| Other amounts receivable | 41 | €61,413 | €38,659 | -€22,755 | -37.1% |
| Cash at bank and in hand | 54/58 | €140,282 | €99,404 | -€40,879 | -29.1% |
| Deferred charges and accrued income | 490/1 | €8,508 | €10,277 | +€1,769 | +20.8% |
| Total equity and liabilities | 10/49 | €474,547 | €444,099 | -€30,448 | -6.4% |
| Equity | 10/15 | €142,582 | €94,734 | -€47,848 | -33.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €123,982 | €76,134 | -€47,848 | -38.6% |
| Distributable reserves | 133 | €123,982 | €76,134 | -€47,848 | -38.6% |
| Amounts payable | 17/49 | €331,965 | €349,365 | +€17,400 | +5.2% |
| Amounts payable after more than one year | 17 | €44,979 | €38,199 | -€6,780 | -15.1% |
| Financial debts | 170/4 | €44,979 | €38,199 | -€6,780 | -15.1% |
| Amounts payable within one year | 42/48 | €281,717 | €306,086 | +€24,369 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €20,073 | €19,420 | -€653 | -3.3% |
| Trade debts | 44 | €213,326 | €204,109 | -€9,216 | -4.3% |
| Suppliers | 440/4 | €213,326 | €204,109 | -€9,216 | -4.3% |
| Taxes, remuneration and social security | 45 | €47,521 | €57,403 | +€9,882 | +20.8% |
| Taxes | 450/3 | €25,657 | €34,626 | +€8,969 | +35.0% |
| Remuneration and social security | 454/9 | €21,865 | €22,777 | +€913 | +4.2% |
| Other amounts payable | 47/48 | €796 | €25,153 | +€24,357 | +3,059% |
| Accrued charges and deferred income | 492/3 | €5,269 | €5,080 | -€189 | -3.6% |
| Remuneration, social security and pensions | 62 | €159,340 | €213,600 | +€54,260 | +34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,147 | €43,906 | +€7,759 | +21.5% |
| Other operating charges | 640/8 | €9,143 | €4,178 | -€4,965 | -54.3% |
| Non-recurring operating charges | 66A | €5,556 | - | -€5,556 | |
| Gross operating margin | 9900 | €299,964 | €281,015 | -€18,949 | -6.3% |
| Operating profit (loss) | 9901 | €89,778 | €19,332 | -€70,446 | -78.5% |
| Financial income | 75/76B | €1,816 | €3,085 | +€1,269 | +69.9% |
| Recurring financial income | 75 | €1,816 | €3,085 | +€1,269 | +69.9% |
| Financial charges | 65/66B | €10,751 | €6,609 | -€4,142 | -38.5% |
| Recurring financial charges | 65 | €10,751 | €6,609 | -€4,142 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €80,843 | €15,807 | -€65,035 | -80.4% |
| Income taxes | 67/77 | €17,274 | €3,656 | -€13,618 | -78.8% |
| Profit (loss) for the period | 9904 | €63,569 | €12,152 | -€51,417 | -80.9% |
| Profit (loss) for the period to be appropriated | 9905 | €63,569 | €12,152 | -€51,417 | -80.9% |
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 15 October 2026 via checked.be.