B-X: 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-X
Largest movements
- Cash -€15,951
down €15,951 (-40.5%), from €39,372 to €23,421
mainly Contributions, distributions and other (-€30,000) and Receivables within one year (-€6,400)
- Receivables within one year +€6,400
up €6,400 (+2,782%), from €230 to €6,630
of which Other amounts receivable: +€6,070
- Tangible fixed assets -€4,040
down €4,040 (-3.7%), from €109,916 to €105,876
- Deferred charges and accrued income +€2,208
new in 2025: €2,208
- Profit (loss) carried forward -€13,156
down €13,156 (-10.4%), from €126,210 to €113,054
- Accrued charges and deferred income +€2,140
new in 2025: €2,140
- Gross operating margin -€9,967
down €9,967 (-23.1%), from €43,100 to €33,133
- Other operating charges +€6,074
up €6,074 (+1,202%), from €505 to €6,579
- Taxes -€4,624
down €4,624 (-44.8%), from €10,333 to €5,709
- Depreciation +€2,520
up €2,520 (+166%), from €1,520 to €4,040
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 | €149,518 | €138,135 | -€11,383 | -7.6% |
| Fixed assets | 21/28 | €109,916 | €105,876 | -€4,040 | -3.7% |
| Tangible fixed assets | 22/27 | €109,916 | €105,876 | -€4,040 | -3.7% |
| Land and buildings | 22 | €109,916 | €105,876 | -€4,040 | -3.7% |
| Current assets | 29/58 | €39,602 | €32,259 | -€7,343 | -18.5% |
| Amounts receivable within one year | 40/41 | €230 | €6,630 | +€6,400 | +2,782% |
| Trade receivables | 40 | - | €330 | +€330 | |
| Other amounts receivable | 41 | €230 | €6,300 | +€6,070 | +2,639% |
| Cash at bank and in hand | 54/58 | €39,372 | €23,421 | -€15,951 | -40.5% |
| Deferred charges and accrued income | 490/1 | - | €2,208 | +€2,208 | |
| Total equity and liabilities | 10/49 | €149,518 | €138,135 | -€11,383 | -7.6% |
| Equity | 10/15 | €148,930 | €135,774 | -€13,156 | -8.8% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €15,220 | €15,220 | = | 0.0% |
| Distributable reserves | 133 | €15,220 | €15,220 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126,210 | €113,054 | -€13,156 | -10.4% |
| Amounts payable | 17/49 | €588 | €2,361 | +€1,773 | +301% |
| Amounts payable within one year | 42/48 | €588 | €221 | -€367 | -62.4% |
| Trade debts | 44 | €489 | €122 | -€367 | -75.0% |
| Suppliers | 440/4 | €489 | €122 | -€367 | -75.0% |
| Other amounts payable | 47/48 | €99 | €99 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €2,140 | +€2,140 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,520 | €4,040 | +€2,520 | +166% |
| Other operating charges | 640/8 | €505 | €6,579 | +€6,074 | +1,202% |
| Gross operating margin | 9900 | €43,100 | €33,133 | -€9,967 | -23.1% |
| Operating profit (loss) | 9901 | €41,074 | €22,513 | -€18,561 | -45.2% |
| Financial income | 75/76B | €38 | €70 | +€32 | +84.3% |
| Recurring financial income | 75 | €38 | €70 | +€32 | +84.3% |
| Financial charges | 65/66B | €29 | €30 | +€2 | +5.3% |
| Recurring financial charges | 65 | €29 | €30 | +€2 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €41,084 | €22,553 | -€18,531 | -45.1% |
| Income taxes | 67/77 | €10,333 | €5,709 | -€4,624 | -44.8% |
| Profit (loss) for the period | 9904 | €30,751 | €16,844 | -€13,906 | -45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,751 | €16,844 | -€13,906 | -45.2% |
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 16 October 2026 via checked.be.