BB GN: 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.
BB GN
Largest movements
- Receivables within one year -€214,780
down €214,780 (-93.1%), from €230,689 to €15,909
of which Other amounts receivable: -€109,780
- Cash +€69,225
up €69,225 (+94.7%), from €73,092 to €142,317
mainly Receivables within one year (+€214,780) and Other debts (+€122,188)
- Tangible fixed assets -€16,341
down €16,341 (-5.0%), from €324,660 to €308,320
- Profit (loss) carried forward -€166,787
down €166,787 (-90.7%), from €183,830 to €17,043
- Other debts +€122,188
up €122,188 (+943.8%), from €12,946 to €135,135
- Reserves -€111,071
down €111,071 (-81.4%), from €136,484 to €25,413
- Debts after one year -€43,488
down €43,488 (-21.7%), from €200,487 to €156,998
- Tax, wage and social debts +€37,891
up €37,891 (+90.5%), from €41,877 to €79,768
of which Taxes: +€29,884
- Gross operating margin -€50,497
down €50,497 (-28.7%), from €175,921 to €125,424
- Staff costs +€47,309
up €47,309 (+301.1%), from €15,711 to €63,020
- Depreciation -€36,093
down €36,093 (-55.4%), from €65,139 to €29,046
- Taxes -€23,694
down €23,694 (-71.8%), from €33,009 to €9,315
- Other operating charges -€15,052
down €15,052 (-95.1%), from €15,833 to €781
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 | €628,441 | €466,546 | -€161,895 | -25.8% |
| Fixed assets | 21/28 | €324,660 | €308,320 | -€16,341 | -5.0% |
| Tangible fixed assets | 22/27 | €324,660 | €308,320 | -€16,341 | -5.0% |
| Land and buildings | 22 | €283,243 | €277,265 | -€5,978 | -2.1% |
| Plant, machinery and equipment | 23 | €16,196 | €11,594 | -€4,601 | -28.4% |
| Furniture and vehicles | 24 | €25,221 | €19,460 | -€5,761 | -22.8% |
| Current assets | 29/58 | €303,780 | €158,226 | -€145,555 | -47.9% |
| Amounts receivable within one year | 40/41 | €230,689 | €15,909 | -€214,780 | -93.1% |
| Trade receivables | 40 | €105,000 | - | -€105,000 | |
| Other amounts receivable | 41 | €125,689 | €15,909 | -€109,780 | -87.3% |
| Cash at bank and in hand | 54/58 | €73,092 | €142,317 | +€69,225 | +94.7% |
| Total equity and liabilities | 10/49 | €628,441 | €466,546 | -€161,895 | -25.8% |
| Equity | 10/15 | €325,314 | €47,455 | -€277,858 | -85.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €136,484 | €25,413 | -€111,071 | -81.4% |
| Distributable reserves | 133 | €136,484 | €25,413 | -€111,071 | -81.4% |
| Profit (loss) carried forward | 14 | €183,830 | €17,043 | -€166,787 | -90.7% |
| Amounts payable | 17/49 | €303,127 | €419,090 | +€115,963 | +38.3% |
| Amounts payable after more than one year | 17 | €200,487 | €156,998 | -€43,488 | -21.7% |
| Financial debts | 170/4 | €200,487 | €156,998 | -€43,488 | -21.7% |
| Amounts payable within one year | 42/48 | €102,583 | €260,579 | +€157,996 | +154.0% |
| Current portion of amounts payable after more than one year | 42 | €42,177 | €43,488 | +€1,311 | +3.1% |
| Trade debts | 44 | €5,583 | €2,189 | -€3,394 | -60.8% |
| Suppliers | 440/4 | €5,583 | €2,189 | -€3,394 | -60.8% |
| Taxes, remuneration and social security | 45 | €41,877 | €79,768 | +€37,891 | +90.5% |
| Taxes | 450/3 | €41,877 | €71,761 | +€29,884 | +71.4% |
| Remuneration and social security | 454/9 | - | €8,007 | +€8,007 | |
| Other amounts payable | 47/48 | €12,946 | €135,135 | +€122,188 | +943.8% |
| Accrued charges and deferred income | 492/3 | €57 | €1,513 | +€1,455 | +2545.2% |
| Remuneration, social security and pensions | 62 | €15,711 | €63,020 | +€47,309 | +301.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,139 | €29,046 | -€36,093 | -55.4% |
| Other operating charges | 640/8 | €15,833 | €781 | -€15,052 | -95.1% |
| Gross operating margin | 9900 | €175,921 | €125,424 | -€50,497 | -28.7% |
| Operating profit (loss) | 9901 | €79,237 | €32,576 | -€46,661 | -58.9% |
| Financial income | 75/76B | €470 | €0 | -€470 | -100.0% |
| Recurring financial income | 75 | €470 | €0 | -€470 | -100.0% |
| Financial charges | 65/66B | €5,770 | €6,219 | +€449 | +7.8% |
| Recurring financial charges | 65 | €5,770 | €6,219 | +€449 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €73,938 | €26,358 | -€47,580 | -64.4% |
| Income taxes | 67/77 | €33,009 | €9,315 | -€23,694 | -71.8% |
| Profit (loss) for the period | 9904 | €40,929 | €17,043 | -€23,886 | -58.4% |
| Profit (loss) for the period to be appropriated | 9905 | €40,929 | €17,043 | -€23,886 | -58.4% |
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 6 October 2026 via checked.be.