B3BACX: 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.
B3BACX
Largest movements
- Receivables within one year -€16,962
down €16,962 (-30.6%), from €55,356 to €38,394
of which Trade receivables: -€10,521
- Tangible fixed assets -€13,429
down €13,429 (-28.8%), from €46,591 to €33,162
of which Land and buildings: -€8,533
- Stocks and contracts +€3,691
up €3,691 (+29.1%), from €12,666 to €16,356
- Cash +€2,414
up €2,414 (+49.9%), from €4,833 to €7,247
mainly Receivables within one year (+€16,962) and Depreciation (+€13,429)
- Profit (loss) carried forward -€19,295
down €19,295 (-74.0%), from -€26,067 to -€45,362
- Debts after one year -€13,023
down €13,023 (-24.3%), from €53,486 to €40,463
of which Financial debts: -€13,023
- Trade debts +€6,192
up €6,192 (+30.3%), from €20,462 to €26,654
- Tax, wage and social debts +€1,375
up €1,375 (+100.0%), from €1,375 to €2,750
- Gross operating margin -€36,348
down €36,348, from €33,574 to -€2,775
- Depreciation +€2,368
up €2,368 (+21.4%), from €11,061 to €13,429
- Financial income -€1,893
down €1,893 (-95.9%), from €1,974 to €80
- Other operating charges +€601
up €601 (+38.0%), from €1,582 to €2,184
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 | €119,626 | €95,339 | -€24,286 | -20.3% |
| Fixed assets | 21/28 | €46,771 | €33,342 | -€13,429 | -28.7% |
| Tangible fixed assets | 22/27 | €46,591 | €33,162 | -€13,429 | -28.8% |
| Land and buildings | 22 | €25,648 | €17,115 | -€8,533 | -33.3% |
| Plant, machinery and equipment | 23 | €1,083 | €394 | -€690 | -63.7% |
| Furniture and vehicles | 24 | €15,872 | €12,437 | -€3,435 | -21.6% |
| Other tangible fixed assets | 26 | €3,988 | €3,217 | -€771 | -19.3% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €72,855 | €61,997 | -€10,858 | -14.9% |
| Stocks and contracts in progress | 3 | €12,666 | €16,356 | +€3,691 | +29.1% |
| Stocks | 30/36 | €12,666 | €16,356 | +€3,691 | +29.1% |
| Amounts receivable within one year | 40/41 | €55,356 | €38,394 | -€16,962 | -30.6% |
| Trade receivables | 40 | €46,851 | €36,330 | -€10,521 | -22.5% |
| Other amounts receivable | 41 | €8,505 | €2,064 | -€6,441 | -75.7% |
| Cash at bank and in hand | 54/58 | €4,833 | €7,247 | +€2,414 | +49.9% |
| Total equity and liabilities | 10/49 | €119,626 | €95,339 | -€24,286 | -20.3% |
| Equity | 10/15 | €11,468 | -€7,827 | -€19,295 | |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | €35 | €35 | = | 0.0% |
| Distributable reserves | 133 | €35 | €35 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,067 | -€45,362 | -€19,295 | -74.0% |
| Amounts payable | 17/49 | €108,157 | €103,166 | -€4,991 | -4.6% |
| Amounts payable after more than one year | 17 | €53,486 | €40,463 | -€13,023 | -24.3% |
| Financial debts | 170/4 | €30,486 | €17,463 | -€13,023 | -42.7% |
| Other amounts payable | 178/9 | €23,000 | €23,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €54,612 | €62,702 | +€8,090 | +14.8% |
| Current portion of amounts payable after more than one year | 42 | €12,735 | €13,023 | +€288 | +2.3% |
| Trade debts | 44 | €20,462 | €26,654 | +€6,192 | +30.3% |
| Suppliers | 440/4 | €20,462 | €26,654 | +€6,192 | +30.3% |
| Advances received on contracts in progress | 46 | €143 | €168 | +€25 | +17.4% |
| Taxes, remuneration and social security | 45 | €1,375 | €2,750 | +€1,375 | +100.0% |
| Remuneration and social security | 454/9 | €1,375 | €2,750 | +€1,375 | +100.0% |
| Other amounts payable | 47/48 | €19,896 | €20,107 | +€211 | +1.1% |
| Accrued charges and deferred income | 492/3 | €60 | €1 | -€59 | -98.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,061 | €13,429 | +€2,368 | +21.4% |
| Other operating charges | 640/8 | €1,582 | €2,184 | +€601 | +38.0% |
| Gross operating margin | 9900 | €33,574 | -€2,775 | -€36,348 | |
| Operating profit (loss) | 9901 | €20,931 | -€18,387 | -€39,318 | |
| Financial income | 75/76B | €1,974 | €80 | -€1,893 | -95.9% |
| Recurring financial income | 75 | €1,974 | €80 | -€1,893 | -95.9% |
| Financial charges | 65/66B | €985 | €989 | +€4 | +0.4% |
| Recurring financial charges | 65 | €985 | €989 | +€4 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €21,920 | -€19,295 | -€41,215 | |
| Profit (loss) for the period | 9904 | €21,920 | -€19,295 | -€41,215 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,920 | -€19,295 | -€41,215 |
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 2 October 2026 via checked.be.