B2M: 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.
B2M
Largest movements
- Receivables within one year +€34,633
up €34,633 (+69.9%), from €49,523 to €84,156
of which Other amounts receivable: +€25,422
- Deferred charges and accrued income -€25,093
down €25,093 (-99.4%), from €25,233 to €140
- Cash -€7,967
down €7,967 (-81.0%), from €9,830 to €1,863
mainly Receivables within one year (-€34,633) and Other debts (-€6,000)
- Intangible fixed assets -€1,000
no longer reported in 2025 (was €1,000)
- Trade debts +€7,400
up €7,400 (+81.4%), from €9,089 to €16,489
- Other debts -€6,000
no longer reported in 2025 (was €6,000)
- Debts after one year -€3,154
down €3,154 (-50.3%), from €6,265 to €3,111
- Tax, wage and social debts -€3,019
down €3,019 (-16.2%), from €18,612 to €15,593
- Reserves +€2,595
up €2,595 (+6.5%), from €40,204 to €42,799
- Gross operating margin -€36,682
down €36,682 (-75.2%), from €48,783 to €12,101
- Taxes -€12,236
down €12,236 (-97.9%), from €12,499 to €264
- Other operating charges +€5,871
up €5,871 (+441%), from €1,332 to €7,202
- Financial income +€2,276
up €2,276 (+624%), from €365 to €2,640
- Financial charges +€763
up €763 (+34.5%), from €2,209 to €2,972
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 | €86,933 | €86,798 | -€135 | -0.2% |
| Fixed assets | 21/28 | €2,347 | €638 | -€1,709 | -72.8% |
| Intangible fixed assets | 21 | €1,000 | - | -€1,000 | |
| Tangible fixed assets | 22/27 | €1,347 | €638 | -€709 | -52.6% |
| Furniture and vehicles | 24 | €1,347 | €638 | -€709 | -52.6% |
| Current assets | 29/58 | €84,586 | €86,160 | +€1,574 | +1.9% |
| Amounts receivable within one year | 40/41 | €49,523 | €84,156 | +€34,633 | +69.9% |
| Trade receivables | 40 | €28,968 | €38,180 | +€9,212 | +31.8% |
| Other amounts receivable | 41 | €20,555 | €45,977 | +€25,422 | +124% |
| Cash at bank and in hand | 54/58 | €9,830 | €1,863 | -€7,967 | -81.0% |
| Deferred charges and accrued income | 490/1 | €25,233 | €140 | -€25,093 | -99.4% |
| Total equity and liabilities | 10/49 | €86,933 | €86,798 | -€135 | -0.2% |
| Equity | 10/15 | €42,704 | €45,299 | +€2,595 | +6.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €40,204 | €42,799 | +€2,595 | +6.5% |
| Distributable reserves | 133 | €40,204 | €42,799 | +€2,595 | +6.5% |
| Amounts payable | 17/49 | €44,229 | €41,499 | -€2,730 | -6.2% |
| Amounts payable after more than one year | 17 | €6,265 | €3,111 | -€3,154 | -50.3% |
| Financial debts | 170/4 | €6,265 | €3,111 | -€3,154 | -50.3% |
| Amounts payable within one year | 42/48 | €37,964 | €38,388 | +€424 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €4,264 | €6,306 | +€2,042 | +47.9% |
| Trade debts | 44 | €9,089 | €16,489 | +€7,400 | +81.4% |
| Suppliers | 440/4 | €9,089 | €16,489 | +€7,400 | +81.4% |
| Taxes, remuneration and social security | 45 | €18,612 | €15,593 | -€3,019 | -16.2% |
| Taxes | 450/3 | €18,612 | €15,593 | -€3,019 | -16.2% |
| Other amounts payable | 47/48 | €6,000 | - | -€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,709 | €1,709 | = | 0.0% |
| Other operating charges | 640/8 | €1,332 | €7,202 | +€5,871 | +441% |
| Gross operating margin | 9900 | €48,783 | €12,101 | -€36,682 | -75.2% |
| Operating profit (loss) | 9901 | €45,742 | €3,190 | -€42,553 | -93.0% |
| Financial income | 75/76B | €365 | €2,640 | +€2,276 | +624% |
| Recurring financial income | 75 | €365 | €2,640 | +€2,276 | +624% |
| Financial charges | 65/66B | €2,209 | €2,972 | +€763 | +34.5% |
| Recurring financial charges | 65 | €2,209 | €2,972 | +€763 | +34.5% |
| Profit (loss) for the period before taxes | 9903 | €43,898 | €2,859 | -€41,040 | -93.5% |
| Income taxes | 67/77 | €12,499 | €264 | -€12,236 | -97.9% |
| Profit (loss) for the period | 9904 | €31,399 | €2,595 | -€28,804 | -91.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,399 | €2,595 | -€28,804 | -91.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.