BB & B: 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.
What changed
BB & B
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€85,727
2024 · €62,664+€23,063
Equity
€406,791
2024 · €321,064+€85,727
Cash
€69,367
2024 · €31,788+€37,579
Balance sheet total
€1.5m
2024 · €1.1m+€355,690
Largest movements
Assets
- Receivables after one year +€310,000
new in 2025: €310,000
- Receivables within one year +€52,347
up €52,347 (+53.0%), from €98,786 to €151,133
of which Other amounts receivable: +€53,792
- Tangible fixed assets -€46,751
down €46,751 (-5.2%), from €891,351 to €844,600
of which Land and buildings: -€36,204
- Cash +€37,579
up €37,579 (+118%), from €31,788 to €69,367
mainly Debts after one year (+€268,510) and Net result for the year (+€85,727)
Equity and liabilities
- Debts after one year +€268,510
up €268,510 (+51.3%), from €523,556 to €792,065
- Profit (loss) carried forward +€85,727
up €85,727, from -€38,710 to €47,017
Income statement
- Turnover +€43,647
up €43,647 (+15.1%), from €288,353 to €332,000
- Goods and materials +€31,467
up €31,467 (+13,045%), from €241 to €31,708
- Other operating income +€30,465
up €30,465 (+106%), from €28,702 to €59,167
- Taxes +€7,072
up €7,072 (+29.2%), from €24,202 to €31,274
- Services and other goods +€6,913
up €6,913 (+4.4%), from €158,584 to €165,497
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.
Result 2024
€62,664
Turnover
+€43,647
Other operating income
+€30,465
Goods and materials
-€31,467
Services and other goods
-€6,913
Depreciation
-€2,007
Other operating charges
-€539
Other operating items
-€8,950
Financial income
+€3,323
Financial charges
+€2,576
Taxes
-€7,072
Result 2025
€85,727
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€221,223
Investment
-€6,445
Financing
+€265,247
Cash 2024
€31,788
From operations (derived)
-€221,223
Net result for the year
+€85,727
Depreciation
+€53,196
Receivables after one year
-€310,000
Receivables within one year
-€52,347
Deferred charges and accrued income
-€2,515
Provisions
-€2,915
Trade debts
+€1,710
Tax, wage and social debts
+€5
Other debts
+€3,367
Accrued charges and deferred income
+€2,550
Investment (derived)
-€6,445
Investment in fixed assets (net)
-€6,445
Financing
+€265,247
Debts after one year
+€268,510
Current portion of long-term debt
-€3,263
Cash 2025
€69,367
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,144,531 | €1,500,221 | +€355,690 | +31.1% |
| Fixed assets | 21/28 | €1,011,590 | €964,839 | -€46,751 | -4.6% |
| Tangible fixed assets | 22/27 | €891,351 | €844,600 | -€46,751 | -5.2% |
| Land and buildings | 22 | €859,484 | €823,280 | -€36,204 | -4.2% |
| Plant, machinery and equipment | 23 | €636 | €389 | -€247 | -38.9% |
| Furniture and vehicles | 24 | €31,232 | €16,597 | -€14,635 | -46.9% |
| Other tangible fixed assets | 26 | - | €4,334 | +€4,334 | |
| Financial fixed assets | 28 | €120,239 | €120,239 | = | 0.0% |
| Affiliated companies | 280/1 | €119,000 | €119,000 | = | 0.0% |
| Participating interests | 280 | €119,000 | €119,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,239 | €1,239 | = | 0.0% |
| Shares | 284 | €1,239 | €1,239 | = | 0.0% |
| Current assets | 29/58 | €132,940 | €535,381 | +€402,441 | +303% |
| Amounts receivable after more than one year | 29 | - | €310,000 | +€310,000 | |
| Other amounts receivable | 291 | - | €310,000 | +€310,000 | |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €98,786 | €151,133 | +€52,347 | +53.0% |
| Trade receivables | 40 | €1,491 | €45 | -€1,446 | -97.0% |
| Other amounts receivable | 41 | €97,295 | €151,087 | +€53,792 | +55.3% |
| Cash at bank and in hand | 54/58 | €31,788 | €69,367 | +€37,579 | +118% |
| Deferred charges and accrued income | 490/1 | €2,367 | €4,882 | +€2,515 | +106% |
| Total equity and liabilities | 10/49 | €1,144,531 | €1,500,221 | +€355,690 | +31.1% |
| Equity | 10/15 | €321,064 | €406,791 | +€85,727 | +26.7% |
| Contributions | 10/11 | €156,049 | €156,049 | = | 0.0% |
| Capital | 10 | €156,049 | - | -€156,049 | |
| Issued capital | 100 | €156,049 | - | -€156,049 | |
| Reserves | 13 | €203,725 | €203,725 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,605 | €0 | -€15,605 | -100% |
| Legal reserve | 130 | €15,605 | - | -€15,605 | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Distributable reserves | 133 | €188,120 | €203,725 | +€15,605 | +8.3% |
| Profit (loss) carried forward | 14 | -€38,710 | €47,017 | +€85,727 | |
| Provisions and deferred taxes | 16 | €127,688 | €124,772 | -€2,915 | -2.3% |
| Provisions for liabilities and charges | 160/5 | €127,688 | €124,772 | -€2,915 | -2.3% |
| Pensions and similar obligations | 160 | €58,315 | €58,315 | = | 0.0% |
| Taxes | 161 | €69,373 | €66,457 | -€2,915 | -4.2% |
| Amounts payable | 17/49 | €695,779 | €968,657 | +€272,878 | +39.2% |
| Amounts payable after more than one year | 17 | €523,556 | €792,065 | +€268,510 | +51.3% |
| Financial debts | 170/4 | €523,556 | €792,065 | +€268,510 | +51.3% |
| Credit institutions | 173 | €323,356 | €281,865 | -€41,490 | -12.8% |
| Other loans | 174 | €200,200 | €510,200 | +€310,000 | +155% |
| Amounts payable within one year | 42/48 | €169,440 | €171,259 | +€1,818 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €44,753 | €41,490 | -€3,263 | -7.3% |
| Trade debts | 44 | €5,030 | €6,740 | +€1,710 | +34.0% |
| Suppliers | 440/4 | €5,030 | €6,740 | +€1,710 | +34.0% |
| Taxes, remuneration and social security | 45 | €46,341 | €46,346 | +€5 | 0.0% |
| Taxes | 450/3 | €39,441 | €46,346 | +€6,905 | +17.5% |
| Remuneration and social security | 454/9 | €6,900 | €0 | -€6,900 | -100% |
| Other amounts payable | 47/48 | €73,316 | €76,683 | +€3,367 | +4.6% |
| Accrued charges and deferred income | 492/3 | €2,783 | €5,333 | +€2,550 | +91.6% |
| Operating income | 70/76A | €326,005 | €391,167 | +€65,162 | +20.0% |
| Turnover | 70 | €288,353 | €332,000 | +€43,647 | +15.1% |
| Other operating income | 74 | €28,702 | €59,167 | +€30,465 | +106% |
| Non-recurring operating income | 76A | €8,950 | €0 | -€8,950 | -100% |
| Operating charges | 60/66A | €215,832 | €256,758 | +€40,926 | +19.0% |
| Goods for resale, raw materials and consumables | 60 | €241 | €31,708 | +€31,467 | +13,045% |
| Purchases | 600/8 | €241 | €31,708 | +€31,467 | +13,045% |
| Services and other goods | 61 | €158,584 | €165,497 | +€6,913 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,189 | €53,196 | +€2,007 | +3.9% |
| Other operating charges | 640/8 | €5,818 | €6,356 | +€539 | +9.3% |
| Operating profit (loss) | 9901 | €110,173 | €134,409 | +€24,236 | +22.0% |
| Financial income | 75/76B | €4,733 | €8,056 | +€3,323 | +70.2% |
| Recurring financial income | 75 | €4,733 | €8,056 | +€3,323 | +70.2% |
| Income from current assets | 751 | €4,733 | €8,055 | +€3,322 | +70.2% |
| Other financial income | 752/9 | - | €1 | +€1 | |
| Financial charges | 65/66B | €28,039 | €25,464 | -€2,576 | -9.2% |
| Recurring financial charges | 65 | €28,039 | €25,464 | -€2,576 | -9.2% |
| Debt charges | 650 | €23,225 | €24,074 | +€849 | +3.7% |
| Other financial charges | 652/9 | €4,814 | €1,390 | -€3,424 | -71.1% |
| Profit (loss) for the period before taxes | 9903 | €86,866 | €117,001 | +€30,135 | +34.7% |
| Income taxes | 67/77 | €24,202 | €31,274 | +€7,072 | +29.2% |
| Taxes | 670/3 | €24,202 | €31,274 | +€7,072 | +29.2% |
| Profit (loss) for the period | 9904 | €62,664 | €85,727 | +€23,063 | +36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €62,664 | €85,727 | +€23,063 | +36.8% |
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 28 October 2026 via checked.be.