BB2: 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.
BB2
Largest movements
- Cash -€10,687
down €10,687 (-7.3%), from €146,803 to €136,117
mainly Other debts (-€14,486) and Receivables within one year (-€8,369)
- Tangible fixed assets -€9,848
down €9,848 (-26.5%), from €37,176 to €27,328
of which Plant, machinery and equipment: -€4,960
- Receivables within one year +€8,369
up €8,369 (+125.4%), from €6,675 to €15,044
of which Other amounts receivable: +€6,351
- Stocks and contracts -€4,560
down €4,560 (-27.2%), from €16,753 to €12,193
- Deferred charges and accrued income +€3,176
up €3,176 (+491.2%), from €647 to €3,822
- Other debts -€14,486
down €14,486 (-60.7%), from €23,851 to €9,365
- Reserves +€13,485
up €13,485 (+11.6%), from €116,289 to €129,774
- Tax, wage and social debts -€7,240
down €7,240 (-16.9%), from €42,844 to €35,604
of which Taxes: -€16,369
- Trade debts -€4,262
down €4,262 (-18.1%), from €23,593 to €19,331
- Gross operating margin -€20,671
down €20,671 (-6.1%), from €337,017 to €316,346
- Taxes -€10,110
down €10,110 (-53.9%), from €18,758 to €8,649
- Staff costs +€9,788
up €9,788 (+3.7%), from €265,518 to €275,306
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 | €213,154 | €199,604 | -€13,549 | -6.4% |
| Fixed assets | 21/28 | €42,276 | €32,428 | -€9,848 | -23.3% |
| Tangible fixed assets | 22/27 | €37,176 | €27,328 | -€9,848 | -26.5% |
| Plant, machinery and equipment | 23 | €16,732 | €11,771 | -€4,960 | -29.6% |
| Furniture and vehicles | 24 | €20,444 | €15,557 | -€4,887 | -23.9% |
| Financial fixed assets | 28 | €5,100 | €5,100 | = | 0.0% |
| Current assets | 29/58 | €170,878 | €167,176 | -€3,702 | -2.2% |
| Stocks and contracts in progress | 3 | €16,753 | €12,193 | -€4,560 | -27.2% |
| Stocks | 30/36 | €16,753 | €12,193 | -€4,560 | -27.2% |
| Amounts receivable within one year | 40/41 | €6,675 | €15,044 | +€8,369 | +125.4% |
| Trade receivables | 40 | €6,675 | €8,693 | +€2,018 | +30.2% |
| Other amounts receivable | 41 | - | €6,351 | +€6,351 | |
| Cash at bank and in hand | 54/58 | €146,803 | €136,117 | -€10,687 | -7.3% |
| Deferred charges and accrued income | 490/1 | €647 | €3,822 | +€3,176 | +491.2% |
| Total equity and liabilities | 10/49 | €213,154 | €199,604 | -€13,549 | -6.4% |
| Equity | 10/15 | €118,289 | €131,774 | +€13,485 | +11.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €116,289 | €129,774 | +€13,485 | +11.6% |
| Distributable reserves | 133 | €116,289 | €129,774 | +€13,485 | +11.6% |
| Amounts payable | 17/49 | €94,865 | €67,830 | -€27,034 | -28.5% |
| Amounts payable after more than one year | 17 | €1,728 | €352 | -€1,375 | -79.6% |
| Financial debts | 170/4 | €1,728 | €352 | -€1,375 | -79.6% |
| Amounts payable within one year | 42/48 | €91,610 | €65,676 | -€25,934 | -28.3% |
| Current portion of amounts payable after more than one year | 42 | €1,321 | €1,375 | +€54 | +4.1% |
| Trade debts | 44 | €23,593 | €19,331 | -€4,262 | -18.1% |
| Suppliers | 440/4 | €23,593 | €19,331 | -€4,262 | -18.1% |
| Taxes, remuneration and social security | 45 | €42,844 | €35,604 | -€7,240 | -16.9% |
| Taxes | 450/3 | €30,951 | €14,583 | -€16,369 | -52.9% |
| Remuneration and social security | 454/9 | €11,893 | €21,022 | +€9,129 | +76.8% |
| Other amounts payable | 47/48 | €23,851 | €9,365 | -€14,486 | -60.7% |
| Accrued charges and deferred income | 492/3 | €1,527 | €1,802 | +€275 | +18.0% |
| Remuneration, social security and pensions | 62 | €265,518 | €275,306 | +€9,788 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,191 | €13,362 | +€171 | +1.3% |
| Other operating charges | 640/8 | €2,704 | €3,770 | +€1,066 | +39.4% |
| Non-recurring operating charges | 66A | - | €955 | +€955 | |
| Gross operating margin | 9900 | €337,017 | €316,346 | -€20,671 | -6.1% |
| Operating profit (loss) | 9901 | €55,604 | €22,953 | -€32,651 | -58.7% |
| Financial income | 75/76B | €982 | €65 | -€917 | -93.3% |
| Recurring financial income | 75 | €982 | €65 | -€917 | -93.3% |
| Financial charges | 65/66B | €262 | €885 | +€623 | +238.0% |
| Recurring financial charges | 65 | €262 | €885 | +€623 | +238.0% |
| Profit (loss) for the period before taxes | 9903 | €56,325 | €22,134 | -€34,191 | -60.7% |
| Income taxes | 67/77 | €18,758 | €8,649 | -€10,110 | -53.9% |
| Profit (loss) for the period | 9904 | €37,567 | €13,485 | -€24,081 | -64.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,567 | €13,485 | -€24,081 | -64.1% |
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 9 October 2026 via checked.be.