BB-PROJECTEN: 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.
BB-PROJECTEN
Largest movements
- Stocks and contracts +€64,623
up €64,623 (+26.6%), from €242,551 to €307,174
- Cash +€27,343
up €27,343 (+231%), from €11,846 to €39,190
mainly Debts after one year (+€131,639) and Receivables within one year (+€21,909)
- Receivables within one year -€21,909
down €21,909 (-88.3%), from €24,809 to €2,900
of which Trade receivables: -€16,449
- Tangible fixed assets -€12,053
down €12,053 (-57.2%), from €21,079 to €9,025
of which Furniture and vehicles: -€11,680
- Debts after one year +€131,639
up €131,639 (+125%), from €105,632 to €237,271
- Short-term financial debts -€55,000
no longer reported in 2025 (was €55,000)
- Other debts -€13,359
down €13,359 (-30.3%), from €44,059 to €30,699
- Reserves +€11,500
up €11,500 (+83.6%), from €13,758 to €25,258
of which Distributable reserves: +€11,500
- Tax, wage and social debts -€10,818
down €10,818 (-43.4%), from €24,925 to €14,107
of which Remuneration and social security: -€13,969
- Gross operating margin +€36,898
up €36,898 (+101%), from €36,354 to €73,252
- Other operating charges +€20,747
up €20,747 (+645%), from €3,218 to €23,965
- Financial charges +€4,494
up €4,494 (+48.7%), from €9,221 to €13,715
- Taxes +€3,716
up €3,716 (+247%), from €1,507 to €5,223
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 | €302,897 | €360,288 | +€57,391 | +18.9% |
| Fixed assets | 21/28 | €22,879 | €10,825 | -€12,053 | -52.7% |
| Tangible fixed assets | 22/27 | €21,079 | €9,025 | -€12,053 | -57.2% |
| Plant, machinery and equipment | 23 | €918 | €545 | -€373 | -40.6% |
| Furniture and vehicles | 24 | €20,160 | €8,480 | -€11,680 | -57.9% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €280,018 | €349,463 | +€69,444 | +24.8% |
| Stocks and contracts in progress | 3 | €242,551 | €307,174 | +€64,623 | +26.6% |
| Contracts in progress | 37 | €242,551 | €307,174 | +€64,623 | +26.6% |
| Amounts receivable within one year | 40/41 | €24,809 | €2,900 | -€21,909 | -88.3% |
| Trade receivables | 40 | €19,349 | €2,900 | -€16,449 | -85.0% |
| Other amounts receivable | 41 | €5,460 | - | -€5,460 | |
| Cash at bank and in hand | 54/58 | €11,846 | €39,190 | +€27,343 | +231% |
| Deferred charges and accrued income | 490/1 | €811 | €199 | -€612 | -75.5% |
| Total equity and liabilities | 10/49 | €302,897 | €360,288 | +€57,391 | +18.9% |
| Equity | 10/15 | €36,466 | €48,016 | +€11,550 | +31.7% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €13,758 | €25,258 | +€11,500 | +83.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €11,898 | €23,398 | +€11,500 | +96.7% |
| Profit (loss) carried forward | 14 | €10,708 | €10,757 | +€50 | +0.5% |
| Amounts payable | 17/49 | €266,431 | €312,272 | +€45,841 | +17.2% |
| Amounts payable after more than one year | 17 | €105,632 | €237,271 | +€131,639 | +125% |
| Financial debts | 170/4 | €105,632 | €237,271 | +€131,639 | +125% |
| Amounts payable within one year | 42/48 | €160,798 | €75,001 | -€85,798 | -53.4% |
| Current portion of amounts payable after more than one year | 42 | €15,933 | €13,261 | -€2,672 | -16.8% |
| Financial debts | 43 | €55,000 | - | -€55,000 | |
| Credit institutions | 430/8 | €55,000 | - | -€55,000 | |
| Trade debts | 44 | €20,882 | €16,934 | -€3,948 | -18.9% |
| Suppliers | 440/4 | €20,882 | €16,934 | -€3,948 | -18.9% |
| Taxes, remuneration and social security | 45 | €24,925 | €14,107 | -€10,818 | -43.4% |
| Taxes | 450/3 | €8,306 | €11,457 | +€3,151 | +37.9% |
| Remuneration and social security | 454/9 | €16,619 | €2,650 | -€13,969 | -84.1% |
| Other amounts payable | 47/48 | €44,059 | €30,699 | -€13,359 | -30.3% |
| Non-recurring operating income | 76A | - | €48,449 | +€48,449 | |
| Remuneration, social security and pensions | 62 | €7,264 | €6,810 | -€454 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,150 | €12,053 | -€97 | -0.8% |
| Other operating charges | 640/8 | €3,218 | €23,965 | +€20,747 | +645% |
| Gross operating margin | 9900 | €36,354 | €73,252 | +€36,898 | +101% |
| Operating profit (loss) | 9901 | €13,722 | €30,424 | +€16,702 | +122% |
| Financial income | 75/76B | €45 | €64 | +€19 | +43.1% |
| Recurring financial income | 75 | €45 | €64 | +€19 | +43.1% |
| Financial charges | 65/66B | €9,221 | €13,715 | +€4,494 | +48.7% |
| Recurring financial charges | 65 | €9,221 | €13,715 | +€4,494 | +48.7% |
| Profit (loss) for the period before taxes | 9903 | €4,546 | €16,773 | +€12,227 | +269% |
| Income taxes | 67/77 | €1,507 | €5,223 | +€3,716 | +247% |
| Profit (loss) for the period | 9904 | €3,038 | €11,550 | +€8,511 | +280% |
| Profit (loss) for the period to be appropriated | 9905 | €3,038 | €11,550 | +€8,511 | +280% |
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 13 October 2026 via checked.be.