B & V: 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 & V
Largest movements
- Cash -€149,180
down €149,180 (-76.1%), from €196,123 to €46,944
mainly Other debts (-€139,676) and Net result for the year (-€4,615)
- Other debts -€139,676
down €139,676 (-98.7%), from €141,513 to €1,837
- Profit (loss) carried forward -€4,615
down €4,615 (-58.8%), from -€7,849 to -€12,464
- Debts after one year -€3,950
down €3,950 (-3.6%), from €110,937 to €106,987
- Staff costs +€1,710
up €1,710 (+296%), from €577 to €2,287
- Depreciation +€1,617
up €1,617 (+55.1%), from €2,933 to €4,550
- Other operating charges -€398
down €398 (-22.9%), from €1,734 to €1,337
- Financial charges -€247
down €247 (-15.7%), from €1,567 to €1,320
- Gross operating margin +€65
up €65 (+1.3%), from €4,814 to €4,879
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 | €284,781 | €134,973 | -€149,808 | -52.6% |
| Fixed assets | 21/28 | €77,999 | €77,868 | -€131 | -0.2% |
| Tangible fixed assets | 22/27 | €77,999 | €77,868 | -€131 | -0.2% |
| Land and buildings | 22 | €69,203 | €66,762 | -€2,440 | -3.5% |
| Plant, machinery and equipment | 23 | €8,797 | €6,939 | -€1,858 | -21.1% |
| Other tangible fixed assets | 26 | - | €4,167 | +€4,167 | |
| Current assets | 29/58 | €206,782 | €57,105 | -€149,677 | -72.4% |
| Amounts receivable within one year | 40/41 | €10,658 | €10,161 | -€497 | -4.7% |
| Trade receivables | 40 | €10,644 | €10,038 | -€606 | -5.7% |
| Other amounts receivable | 41 | €14 | €124 | +€109 | +756% |
| Cash at bank and in hand | 54/58 | €196,123 | €46,944 | -€149,180 | -76.1% |
| Total equity and liabilities | 10/49 | €284,781 | €134,973 | -€149,808 | -52.6% |
| Equity | 10/15 | €28,216 | €21,667 | -€6,549 | -23.2% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €5,078 | €3,145 | -€1,934 | -38.1% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €1,980 | €46 | -€1,934 | -97.7% |
| Profit (loss) carried forward | 14 | -€7,849 | -€12,464 | -€4,615 | -58.8% |
| Amounts payable | 17/49 | €256,565 | €113,306 | -€143,259 | -55.8% |
| Amounts payable after more than one year | 17 | €110,937 | €106,987 | -€3,950 | -3.6% |
| Financial debts | 170/4 | €110,937 | €106,987 | -€3,950 | -3.6% |
| Amounts payable within one year | 42/48 | €145,628 | €6,319 | -€139,309 | -95.7% |
| Current portion of amounts payable after more than one year | 42 | €3,950 | €3,950 | = | 0.0% |
| Trade debts | 44 | €118 | €436 | +€318 | +269% |
| Suppliers | 440/4 | €118 | €436 | +€318 | +269% |
| Taxes, remuneration and social security | 45 | €47 | €97 | +€49 | +104% |
| Taxes | 450/3 | €47 | €97 | +€49 | +104% |
| Other amounts payable | 47/48 | €141,513 | €1,837 | -€139,676 | -98.7% |
| Remuneration, social security and pensions | 62 | €577 | €2,287 | +€1,710 | +296% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,933 | €4,550 | +€1,617 | +55.1% |
| Other operating charges | 640/8 | €1,734 | €1,337 | -€398 | -22.9% |
| Gross operating margin | 9900 | €4,814 | €4,879 | +€65 | +1.3% |
| Operating profit (loss) | 9901 | -€430 | -€3,295 | -€2,865 | -667% |
| Financial charges | 65/66B | €1,567 | €1,320 | -€247 | -15.7% |
| Recurring financial charges | 65 | €1,567 | €1,320 | -€247 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,997 | -€4,615 | -€2,618 | -131% |
| Profit (loss) for the period | 9904 | -€1,997 | -€4,615 | -€2,618 | -131% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,997 | -€4,615 | -€2,618 | -131% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.