BBG: 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.
BBG
Largest movements
- Receivables within one year +€26,523
up €26,523 (+3870.3%), from €685 to €27,209
- Cash +€21,876
up €21,876 (+414.6%), from €5,276 to €27,152
mainly Net result for the year (+€20,905) and Trade debts (+€19,799)
- Tangible fixed assets -€8,616
down €8,616 (-11.3%), from €76,362 to €67,746
of which Plant, machinery and equipment: -€6,903
- Stocks and contracts -€4,456
down €4,456 (-17.8%), from €25,068 to €20,612
- Receivables after one year -€2,266
no longer reported in 2025 (was €2,266)
- Profit (loss) carried forward +€20,905
up €20,905 (+99.9%), from -€20,932 to -€27
- Trade debts +€19,799
up €19,799 (+172.9%), from €11,454 to €31,253
- Debts after one year -€11,621
down €11,621 (-32.1%), from €36,200 to €24,579
- Other debts +€5,057
up €5,057 (+7.5%), from €67,688 to €72,745
- Tax, wage and social debts -€2,174
down €2,174 (-70.3%), from €3,094 to €920
- Gross operating margin +€3,749
up €3,749 (+10.5%), from €35,781 to €39,530
- Other operating charges -€3,626
down €3,626 (-80.6%), from €4,496 to €871
- Financial charges +€2,848
up €2,848 (+46.7%), from €6,102 to €8,949
- Depreciation +€1,873
up €1,873 (+27.8%), from €6,743 to €8,616
- Staff costs -€789
down €789 (-57.6%), from €1,369 to €580
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 | €111,883 | €144,966 | +€33,083 | +29.6% |
| Fixed assets | 21/28 | €78,462 | €69,846 | -€8,616 | -11.0% |
| Tangible fixed assets | 22/27 | €76,362 | €67,746 | -€8,616 | -11.3% |
| Land and buildings | 22 | €21,706 | €20,433 | -€1,273 | -5.9% |
| Plant, machinery and equipment | 23 | €50,752 | €43,850 | -€6,903 | -13.6% |
| Furniture and vehicles | 24 | €3,904 | €3,463 | -€441 | -11.3% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €33,421 | €75,120 | +€41,700 | +124.8% |
| Amounts receivable after more than one year | 29 | €2,266 | - | -€2,266 | |
| Other amounts receivable | 291 | €2,266 | - | -€2,266 | |
| Stocks and contracts in progress | 3 | €25,068 | €20,612 | -€4,456 | -17.8% |
| Stocks | 30/36 | €25,068 | €20,612 | -€4,456 | -17.8% |
| Amounts receivable within one year | 40/41 | €685 | €27,209 | +€26,523 | +3870.3% |
| Trade receivables | 40 | €685 | €27,209 | +€26,523 | +3870.3% |
| Cash at bank and in hand | 54/58 | €5,276 | €27,152 | +€21,876 | +414.6% |
| Deferred charges and accrued income | 490/1 | €126 | €148 | +€22 | +17.5% |
| Total equity and liabilities | 10/49 | €111,883 | €144,966 | +€33,083 | +29.6% |
| Equity | 10/15 | -€17,932 | €2,973 | +€20,905 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,932 | -€27 | +€20,905 | +99.9% |
| Amounts payable | 17/49 | €129,815 | €141,993 | +€12,179 | +9.4% |
| Amounts payable after more than one year | 17 | €36,200 | €24,579 | -€11,621 | -32.1% |
| Financial debts | 170/4 | €36,200 | €24,579 | -€11,621 | -32.1% |
| Amounts payable within one year | 42/48 | €93,615 | €117,412 | +€23,797 | +25.4% |
| Current portion of amounts payable after more than one year | 42 | €11,378 | €11,621 | +€243 | +2.1% |
| Trade debts | 44 | €11,454 | €31,253 | +€19,799 | +172.9% |
| Suppliers | 440/4 | €11,454 | €31,253 | +€19,799 | +172.9% |
| Advances received on contracts in progress | 46 | - | €873 | +€873 | |
| Taxes, remuneration and social security | 45 | €3,094 | €920 | -€2,174 | -70.3% |
| Taxes | 450/3 | €3,094 | €920 | -€2,174 | -70.3% |
| Other amounts payable | 47/48 | €67,688 | €72,745 | +€5,057 | +7.5% |
| Accrued charges and deferred income | 492/3 | - | €3 | +€3 | |
| Remuneration, social security and pensions | 62 | €1,369 | €580 | -€789 | -57.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,743 | €8,616 | +€1,873 | +27.8% |
| Other operating charges | 640/8 | €4,496 | €871 | -€3,626 | -80.6% |
| Non-recurring operating charges | 66A | €1,735 | - | -€1,735 | |
| Gross operating margin | 9900 | €35,781 | €39,530 | +€3,749 | +10.5% |
| Operating profit (loss) | 9901 | €21,437 | €29,463 | +€8,026 | +37.4% |
| Financial income | 75/76B | €298 | €662 | +€364 | +122.4% |
| Recurring financial income | 75 | €298 | €662 | +€364 | +122.4% |
| Financial charges | 65/66B | €6,102 | €8,949 | +€2,848 | +46.7% |
| Recurring financial charges | 65 | €6,102 | €8,949 | +€2,848 | +46.7% |
| Profit (loss) for the period before taxes | 9903 | €15,633 | €21,176 | +€5,543 | +35.5% |
| Income taxes | 67/77 | - | €271 | +€271 | |
| Profit (loss) for the period | 9904 | €15,633 | €20,905 | +€5,272 | +33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,633 | €20,905 | +€5,272 | +33.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.