BB4-GROUP: 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-GROUP
Largest movements
- Tangible fixed assets -€45,756
down €45,756 (-84.7%), from €54,034 to €8,278
of which Other tangible fixed assets: -€42,513
- Receivables within one year +€10,521
up €10,521 (+23.2%), from €45,446 to €55,967
of which Other amounts receivable: +€17,094
- Cash +€5,095
up €5,095 (+37,630%), from €14 to €5,109
mainly Investment in fixed assets (net) (+€42,513) and Other debts (+€12,467)
- Reserves -€24,995
down €24,995 (-49.6%), from €50,374 to €25,379
- Short-term financial debts -€23,904
no longer reported in 2025 (was €23,904)
- Other debts +€12,467
new in 2025: €12,467
- Trade debts +€5,139
up €5,139 (+497%), from €1,033 to €6,172
- Tax, wage and social debts +€1,957
up €1,957 (+7.6%), from €25,619 to €27,576
- Taxes -€25,619
no longer reported in 2025 (was €25,619)
- Gross operating margin +€24,140
up €24,140 (+51.2%), from -€47,113 to -€22,974
- Financial charges -€2,761
down €2,761 (-72.6%), from €3,805 to €1,044
of which Financial charges: -€2,273
- Depreciation -€1,821
down €1,821 (-36.0%), from €5,063 to €3,243
- Other operating charges -€1,418
down €1,418 (-57.8%), from €2,453 to €1,034
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 | €105,931 | €76,594 | -€29,337 | -27.7% |
| Fixed assets | 21/28 | €60,472 | €14,716 | -€45,756 | -75.7% |
| Tangible fixed assets | 22/27 | €54,034 | €8,278 | -€45,756 | -84.7% |
| Plant, machinery and equipment | 23 | €9,522 | €7,041 | -€2,481 | -26.1% |
| Furniture and vehicles | 24 | €1,999 | €1,237 | -€762 | -38.1% |
| Other tangible fixed assets | 26 | €42,513 | - | -€42,513 | |
| Financial fixed assets | 28 | €6,438 | €6,438 | = | 0.0% |
| Current assets | 29/58 | €45,459 | €61,878 | +€16,419 | +36.1% |
| Amounts receivable within one year | 40/41 | €45,446 | €55,967 | +€10,521 | +23.2% |
| Trade receivables | 40 | €11,250 | €4,677 | -€6,573 | -58.4% |
| Other amounts receivable | 41 | €34,196 | €51,290 | +€17,094 | +50.0% |
| Cash at bank and in hand | 54/58 | €14 | €5,109 | +€5,095 | +37,630% |
| Deferred charges and accrued income | 490/1 | - | €803 | +€803 | |
| Total equity and liabilities | 10/49 | €105,931 | €76,594 | -€29,337 | -27.7% |
| Equity | 10/15 | €55,374 | €30,379 | -€24,995 | -45.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €50,374 | €25,379 | -€24,995 | -49.6% |
| Distributable reserves | 133 | €50,374 | €25,379 | -€24,995 | -49.6% |
| Amounts payable | 17/49 | €50,557 | €46,215 | -€4,342 | -8.6% |
| Amounts payable within one year | 42/48 | €50,557 | €46,215 | -€4,342 | -8.6% |
| Financial debts | 43 | €23,904 | - | -€23,904 | |
| Credit institutions | 430/8 | €23,904 | - | -€23,904 | |
| Trade debts | 44 | €1,033 | €6,172 | +€5,139 | +497% |
| Suppliers | 440/4 | €1,033 | €6,172 | +€5,139 | +497% |
| Taxes, remuneration and social security | 45 | €25,619 | €27,576 | +€1,957 | +7.6% |
| Taxes | 450/3 | €25,619 | €27,576 | +€1,957 | +7.6% |
| Other amounts payable | 47/48 | - | €12,467 | +€12,467 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,063 | €3,243 | -€1,821 | -36.0% |
| Other operating charges | 640/8 | €2,453 | €1,034 | -€1,418 | -57.8% |
| Non-recurring operating charges | 66A | - | €1,104 | +€1,104 | |
| Gross operating margin | 9900 | -€47,113 | -€22,974 | +€24,140 | +51.2% |
| Operating profit (loss) | 9901 | -€54,629 | -€28,354 | +€26,275 | +48.1% |
| Financial income | 75/76B | €4,949 | €4,403 | -€546 | -11.0% |
| Recurring financial income | 75 | €4,949 | €4,403 | -€546 | -11.0% |
| Financial charges | 65/66B | €3,805 | €1,044 | -€2,761 | -72.6% |
| Recurring financial charges | 65 | €3,317 | €1,044 | -€2,273 | -68.5% |
| Non-recurring financial charges | 66B | €488 | - | -€488 | |
| Profit (loss) for the period before taxes | 9903 | -€53,485 | -€24,995 | +€28,490 | +53.3% |
| Transfer from deferred taxes | 780 | €51,860 | - | -€51,860 | |
| Income taxes | 67/77 | €25,619 | - | -€25,619 | |
| Profit (loss) for the period | 9904 | -€27,245 | -€24,995 | +€2,250 | +8.3% |
| Transfer from tax-exempt reserves | 789 | €155,579 | - | -€155,579 | |
| Profit (loss) for the period to be appropriated | 9905 | €128,334 | -€24,995 | -€153,329 |
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 23 October 2026 via checked.be.