B2Z: 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.
B2Z
Largest movements
- Cash +€23,222
up €23,222 (+9.2%), from €251,054 to €274,276
mainly Net result for the year (+€45,220) and Deferred charges and accrued income (+€1,832)
- Profit (loss) carried forward +€44,387
up €44,387, from €0 to €44,387
- Other debts -€21,307
down €21,307 (-17.6%), from €121,045 to €99,738
- Gross operating margin -€33,246
down €33,246 (-34.8%), from €95,413 to €62,166
- Taxes -€6,255
down €6,255 (-31.5%), from €19,873 to €13,618
- Financial charges -€2,601
down €2,601 (-65.7%), from €3,961 to €1,360
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 | €279,823 | €298,497 | +€18,674 | +6.7% |
| Fixed assets | 21/28 | €2,896 | €1,421 | -€1,474 | -50.9% |
| Tangible fixed assets | 22/27 | €2,896 | €1,421 | -€1,474 | -50.9% |
| Plant, machinery and equipment | 23 | €95 | €0 | -€95 | -100% |
| Furniture and vehicles | 24 | €2,800 | €1,421 | -€1,379 | -49.2% |
| Current assets | 29/58 | €276,927 | €297,076 | +€20,149 | +7.3% |
| Amounts receivable within one year | 40/41 | €24,041 | €22,800 | -€1,241 | -5.2% |
| Trade receivables | 40 | €17,884 | €19,202 | +€1,318 | +7.4% |
| Other amounts receivable | 41 | €6,157 | €3,598 | -€2,559 | -41.6% |
| Cash at bank and in hand | 54/58 | €251,054 | €274,276 | +€23,222 | +9.2% |
| Deferred charges and accrued income | 490/1 | €1,832 | €0 | -€1,832 | -100% |
| Total equity and liabilities | 10/49 | €279,823 | €298,497 | +€18,674 | +6.7% |
| Equity | 10/15 | €126,188 | €170,575 | +€44,387 | +35.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €113,788 | €113,788 | = | 0.0% |
| Distributable reserves | 133 | €113,788 | €113,788 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €44,387 | +€44,387 | |
| Amounts payable | 17/49 | €153,635 | €127,922 | -€25,713 | -16.7% |
| Amounts payable within one year | 42/48 | €152,930 | €127,922 | -€25,008 | -16.4% |
| Trade debts | 44 | €3,364 | €1,598 | -€1,766 | -52.5% |
| Suppliers | 440/4 | €3,364 | €1,598 | -€1,766 | -52.5% |
| Taxes, remuneration and social security | 45 | €28,521 | €26,586 | -€1,935 | -6.8% |
| Taxes | 450/3 | €25,371 | €23,086 | -€2,285 | -9.0% |
| Remuneration and social security | 454/9 | €3,150 | €3,500 | +€350 | +11.1% |
| Other amounts payable | 47/48 | €121,045 | €99,738 | -€21,307 | -17.6% |
| Accrued charges and deferred income | 492/3 | €705 | €0 | -€705 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,196 | €1,474 | -€722 | -32.9% |
| Other operating charges | 640/8 | €973 | €1,034 | +€62 | +6.3% |
| Gross operating margin | 9900 | €95,413 | €62,166 | -€33,246 | -34.8% |
| Operating profit (loss) | 9901 | €92,244 | €59,658 | -€32,586 | -35.3% |
| Financial income | 75/76B | €0 | €541 | +€541 | +5,408,700% |
| Recurring financial income | 75 | €0 | €541 | +€541 | +5,408,700% |
| Financial charges | 65/66B | €3,961 | €1,360 | -€2,601 | -65.7% |
| Recurring financial charges | 65 | €3,961 | €1,360 | -€2,601 | -65.7% |
| Profit (loss) for the period before taxes | 9903 | €88,283 | €58,838 | -€29,445 | -33.4% |
| Income taxes | 67/77 | €19,873 | €13,618 | -€6,255 | -31.5% |
| Profit (loss) for the period | 9904 | €68,410 | €45,220 | -€23,189 | -33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €68,410 | €45,220 | -€23,189 | -33.9% |
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 18 October 2026 via checked.be.