BB4 - BE BEFORE: 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.
BB4 - BE BEFORE
Largest movements
- Cash -€79,387
down €79,387 (-78.9%), from €100,571 to €21,184
mainly Contributions, distributions and other (-€78,240) and Investment in fixed assets (net) (-€26,788)
- Tangible fixed assets +€14,637
up €14,637 (+37.6%), from €38,903 to €53,540
of which Other tangible fixed assets: +€10,571
- Receivables within one year +€8,355
up €8,355 (+380.8%), from €2,194 to €10,549
of which Trade receivables: +€5,327
- Reserves -€68,088
down €68,088 (-68.2%), from €99,790 to €31,702
of which Distributable reserves: -€68,088
- Tax, wage and social debts +€11,180
up €11,180 (+133.5%), from €8,373 to €19,553
- Other debts -€3,404
no longer reported in 2025 (was €3,404)
- Trade debts +€2,711
up €2,711 (+16.4%), from €16,482 to €19,193
- Gross operating margin +€12,870
up €12,870 (+74.7%), from €17,222 to €30,092
- Depreciation +€7,429
up €7,429 (+157.3%), from €4,722 to €12,151
- Taxes +€3,067
up €3,067 (+97.2%), from €3,154 to €6,221
- Financial charges -€320
down €320 (-60.4%), from €530 to €210
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 | €146,649 | €89,048 | -€57,601 | -39.3% |
| Fixed assets | 21/28 | €39,153 | €53,790 | +€14,637 | +37.4% |
| Tangible fixed assets | 22/27 | €38,903 | €53,540 | +€14,637 | +37.6% |
| Plant, machinery and equipment | 23 | €2,325 | €170 | -€2,155 | -92.7% |
| Furniture and vehicles | 24 | €36,578 | €42,799 | +€6,221 | +17.0% |
| Other tangible fixed assets | 26 | - | €10,571 | +€10,571 | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €107,496 | €35,258 | -€72,238 | -67.2% |
| Amounts receivable within one year | 40/41 | €2,194 | €10,549 | +€8,355 | +380.8% |
| Trade receivables | 40 | €1,114 | €6,441 | +€5,327 | +478.2% |
| Other amounts receivable | 41 | €1,080 | €4,108 | +€3,028 | +280.4% |
| Cash at bank and in hand | 54/58 | €100,571 | €21,184 | -€79,387 | -78.9% |
| Deferred charges and accrued income | 490/1 | €4,731 | €3,525 | -€1,206 | -25.5% |
| Total equity and liabilities | 10/49 | €146,649 | €89,048 | -€57,601 | -39.3% |
| Equity | 10/15 | €118,390 | €50,302 | -€68,088 | -57.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €99,790 | €31,702 | -€68,088 | -68.2% |
| 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 | €97,930 | €29,842 | -€68,088 | -69.5% |
| Amounts payable | 17/49 | €28,259 | €38,746 | +€10,487 | +37.1% |
| Amounts payable within one year | 42/48 | €28,259 | €38,746 | +€10,487 | +37.1% |
| Trade debts | 44 | €16,482 | €19,193 | +€2,711 | +16.4% |
| Suppliers | 440/4 | €16,482 | €19,193 | +€2,711 | +16.4% |
| Taxes, remuneration and social security | 45 | €8,373 | €19,553 | +€11,180 | +133.5% |
| Taxes | 450/3 | €8,373 | €19,553 | +€11,180 | +133.5% |
| Other amounts payable | 47/48 | €3,404 | - | -€3,404 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,722 | €12,151 | +€7,429 | +157.3% |
| Other operating charges | 640/8 | €1,144 | €1,427 | +€283 | +24.7% |
| Gross operating margin | 9900 | €17,222 | €30,092 | +€12,870 | +74.7% |
| Operating profit (loss) | 9901 | €11,356 | €16,514 | +€5,158 | +45.4% |
| Financial income | 75/76B | €279 | €69 | -€210 | -75.3% |
| Recurring financial income | 75 | €279 | €69 | -€210 | -75.3% |
| Financial charges | 65/66B | €530 | €210 | -€320 | -60.4% |
| Recurring financial charges | 65 | €530 | €210 | -€320 | -60.4% |
| Profit (loss) for the period before taxes | 9903 | €11,105 | €16,373 | +€5,268 | +47.4% |
| Income taxes | 67/77 | €3,154 | €6,221 | +€3,067 | +97.2% |
| Profit (loss) for the period | 9904 | €7,951 | €10,152 | +€2,201 | +27.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,951 | €10,152 | +€2,201 | +27.7% |
Source: filed annual accounts (NBB), financial years ended 1 October 2024 and 1 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.