B2BC: 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.
B2BC
Largest movements
- Tangible fixed assets +€34,986
up €34,986 (+45.4%), from €77,017 to €112,003
of which Furniture and vehicles: +€26,633
- Cash +€17,755
up €17,755 (+54.6%), from €32,526 to €50,281
mainly Debts after one year (+€17,904) and Net result for the year (+€17,337)
- Receivables after one year +€4,990
new in 2025: €4,990
- Receivables within one year -€4,750
down €4,750 (-18.1%), from €26,228 to €21,478
of which Trade receivables: -€5,345
- Deferred charges and accrued income +€2,337
new in 2025: €2,337
- Debts after one year +€17,904
up €17,904 (+67.4%), from €26,582 to €44,486
- Profit (loss) carried forward +€17,337
up €17,337 (+23.3%), from €74,430 to €91,767
- Current portion of long-term debt +€8,652
up €8,652 (+135.7%), from €6,376 to €15,028
- Trade debts +€5,836
up €5,836 (+70.1%), from €8,321 to €14,157
- Tax, wage and social debts +€4,372
up €4,372 (+68.9%), from €6,346 to €10,718
- Gross operating margin +€14,030
up €14,030 (+49.0%), from €28,615 to €42,645
- Depreciation +€9,528
up €9,528 (+167.8%), from €5,679 to €15,207
- Write-downs -€2,006
down €2,006 (-96.3%), from €2,084 to €78
- Taxes +€1,413
up €1,413 (+31.5%), from €4,484 to €5,897
- Financial charges +€1,183
up €1,183 (+180.1%), from €657 to €1,840
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 | €140,655 | €194,756 | +€54,101 | +38.5% |
| Fixed assets | 21/28 | €77,590 | €112,003 | +€34,413 | +44.4% |
| Intangible fixed assets | 21 | €573 | - | -€573 | |
| Tangible fixed assets | 22/27 | €77,017 | €112,003 | +€34,986 | +45.4% |
| Land and buildings | 22 | €34,195 | €40,650 | +€6,455 | +18.9% |
| Plant, machinery and equipment | 23 | €1,313 | €3,211 | +€1,898 | +144.6% |
| Furniture and vehicles | 24 | €41,509 | €68,142 | +€26,633 | +64.2% |
| Current assets | 29/58 | €63,065 | €82,753 | +€19,688 | +31.2% |
| Amounts receivable after more than one year | 29 | - | €4,990 | +€4,990 | |
| Other amounts receivable | 291 | - | €4,990 | +€4,990 | |
| Stocks and contracts in progress | 3 | €4,311 | €3,667 | -€644 | -14.9% |
| Stocks | 30/36 | €4,311 | €3,667 | -€644 | -14.9% |
| Amounts receivable within one year | 40/41 | €26,228 | €21,478 | -€4,750 | -18.1% |
| Trade receivables | 40 | €23,710 | €18,365 | -€5,345 | -22.5% |
| Other amounts receivable | 41 | €2,518 | €3,113 | +€595 | +23.6% |
| Cash at bank and in hand | 54/58 | €32,526 | €50,281 | +€17,755 | +54.6% |
| Deferred charges and accrued income | 490/1 | - | €2,337 | +€2,337 | |
| Total equity and liabilities | 10/49 | €140,655 | €194,756 | +€54,101 | +38.5% |
| Equity | 10/15 | €93,030 | €110,367 | +€17,337 | +18.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,430 | €91,767 | +€17,337 | +23.3% |
| Amounts payable | 17/49 | €47,625 | €84,389 | +€36,764 | +77.2% |
| Amounts payable after more than one year | 17 | €26,582 | €44,486 | +€17,904 | +67.4% |
| Financial debts | 170/4 | €26,582 | €44,486 | +€17,904 | +67.4% |
| Amounts payable within one year | 42/48 | €21,043 | €39,903 | +€18,860 | +89.6% |
| Current portion of amounts payable after more than one year | 42 | €6,376 | €15,028 | +€8,652 | +135.7% |
| Trade debts | 44 | €8,321 | €14,157 | +€5,836 | +70.1% |
| Suppliers | 440/4 | €8,321 | €14,157 | +€5,836 | +70.1% |
| Taxes, remuneration and social security | 45 | €6,346 | €10,718 | +€4,372 | +68.9% |
| Taxes | 450/3 | €6,346 | €10,718 | +€4,372 | +68.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,679 | €15,207 | +€9,528 | +167.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,084 | €78 | -€2,006 | -96.3% |
| Other operating charges | 640/8 | €2,397 | €2,471 | +€74 | +3.1% |
| Gross operating margin | 9900 | €28,615 | €42,645 | +€14,030 | +49.0% |
| Operating profit (loss) | 9901 | €18,455 | €24,889 | +€6,434 | +34.9% |
| Financial income | 75/76B | €60 | €185 | +€125 | +208.3% |
| Recurring financial income | 75 | €60 | €185 | +€125 | +208.3% |
| Financial charges | 65/66B | €657 | €1,840 | +€1,183 | +180.1% |
| Recurring financial charges | 65 | €657 | €1,840 | +€1,183 | +180.1% |
| Profit (loss) for the period before taxes | 9903 | €17,858 | €23,234 | +€5,376 | +30.1% |
| Income taxes | 67/77 | €4,484 | €5,897 | +€1,413 | +31.5% |
| Profit (loss) for the period | 9904 | €13,374 | €17,337 | +€3,963 | +29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,374 | €17,337 | +€3,963 | +29.6% |
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 10 October 2026 via checked.be.