B2Grow: 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.
B2Grow
Largest movements
- Tangible fixed assets +€1.4m
up €1.4m (+39.9%), from €3.6m to €5.0m
of which Land and buildings: +€1.4m
- Receivables within one year -€62,933
down €62,933 (-62.9%), from €100,018 to €37,085
of which Trade receivables: -€62,933
- Cash +€57,942
up €57,942 (+137.3%), from €42,209 to €100,152
mainly Other debts (+€1.5m) and Depreciation (+€129,010)
- Other debts +€1.5m
up €1.5m (+195.5%), from €766,945 to €2.3m
- Debts after one year -€130,991
down €130,991 (-6.1%), from €2.1m to €2.0m
- Depreciation +€42,195
up €42,195 (+48.6%), from €86,815 to €129,010
- Gross operating margin +€42,046
up €42,046 (+20.5%), from €204,816 to €246,861
- Financial charges +€9,799
up €9,799 (+30.5%), from €32,090 to €41,889
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 | €3,747,347 | €5,180,239 | +€1.4m | +38.2% |
| Fixed assets | 21/28 | €3,605,119 | €5,043,002 | +€1.4m | +39.9% |
| Tangible fixed assets | 22/27 | €3,605,119 | €5,043,002 | +€1.4m | +39.9% |
| Land and buildings | 22 | €3,605,119 | €5,038,398 | +€1.4m | +39.8% |
| Furniture and vehicles | 24 | - | €4,604 | +€4,604 | |
| Current assets | 29/58 | €142,227 | €137,237 | -€4,991 | -3.5% |
| Amounts receivable within one year | 40/41 | €100,018 | €37,085 | -€62,933 | -62.9% |
| Trade receivables | 40 | €87,133 | €24,200 | -€62,933 | -72.2% |
| Other amounts receivable | 41 | €12,885 | €12,885 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €42,209 | €100,152 | +€57,942 | +137.3% |
| Total equity and liabilities | 10/49 | €3,747,347 | €5,180,239 | +€1.4m | +38.2% |
| Equity | 10/15 | €657,415 | €706,385 | +€48,970 | +7.4% |
| Contributions | 10/11 | €825,000 | €825,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€167,585 | -€118,615 | +€48,970 | +29.2% |
| Amounts payable | 17/49 | €3,089,932 | €4,473,854 | +€1.4m | +44.8% |
| Amounts payable after more than one year | 17 | €2,138,968 | €2,007,977 | -€130,991 | -6.1% |
| Financial debts | 170/4 | €2,138,968 | €2,007,977 | -€130,991 | -6.1% |
| Amounts payable within one year | 42/48 | €917,944 | €2,405,970 | +€1.5m | +162.1% |
| Current portion of amounts payable after more than one year | 42 | €129,617 | €130,991 | +€1,373 | +1.1% |
| Trade debts | 44 | €843 | €7,059 | +€6,216 | +737.0% |
| Suppliers | 440/4 | €843 | €7,059 | +€6,216 | +737.0% |
| Taxes, remuneration and social security | 45 | €20,539 | €1,304 | -€19,235 | -93.7% |
| Taxes | 450/3 | €20,539 | €1,304 | -€19,235 | -93.7% |
| Other amounts payable | 47/48 | €766,945 | €2,266,616 | +€1.5m | +195.5% |
| Accrued charges and deferred income | 492/3 | €33,020 | €59,907 | +€26,887 | +81.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,815 | €129,010 | +€42,195 | +48.6% |
| Other operating charges | 640/8 | €25,980 | €26,993 | +€1,013 | +3.9% |
| Gross operating margin | 9900 | €204,816 | €246,861 | +€42,046 | +20.5% |
| Operating profit (loss) | 9901 | €92,021 | €90,859 | -€1,162 | -1.3% |
| Financial charges | 65/66B | €32,090 | €41,889 | +€9,799 | +30.5% |
| Recurring financial charges | 65 | €32,090 | €41,889 | +€9,799 | +30.5% |
| Profit (loss) for the period before taxes | 9903 | €59,931 | €48,970 | -€10,961 | -18.3% |
| Profit (loss) for the period | 9904 | €59,931 | €48,970 | -€10,961 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €59,931 | €48,970 | -€10,961 | -18.3% |
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 3 October 2026 via checked.be.