BBK: 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.
What changed
BBK
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€75,096
2023 · €75,863-€767
Equity
€1.9m
2023 · €1.8m+€111,868
Cash
€50,019
2023 · €33,518+€16,501
Balance sheet total
€6.8m
2023 · €4.9m+€1.9m
Largest movements
Assets
- Stocks and contracts +€1.6m
up €1.6m (+114.3%), from €1.4m to €3.0m
of which Contracts in progress: +€1.3m
- Receivables within one year +€257,614
up €257,614 (+24.3%), from €1.1m to €1.3m
of which Trade receivables: +€240,942
- Tangible fixed assets -€139,687
down €139,687 (-12.6%), from €1.1m to €969,289
- Intangible fixed assets +€122,750
up €122,750 (+10.1%), from €1.2m to €1.3m
Equity and liabilities
- Advances received +€934,028
up €934,028 (+1619.4%), from €57,678 to €991,706
- Debts after one year +€612,113
up €612,113 (+89.7%), from €682,761 to €1.3m
of which Other amounts payable: +€330,479
- Short-term financial debts +€251,020
up €251,020 (+64.7%), from €387,755 to €638,776
- Current portion of long-term debt -€136,056
down €136,056 (-23.4%), from €582,167 to €446,111
- Trade debts +€129,532
up €129,532 (+38.9%), from €333,123 to €462,656
Income statement
- Turnover -€2.9m
down €2.9m (-55.1%), from €5.2m to €2.3m
- Financial income -€2.1m
down €2.1m (-97.2%), from €2.1m to €59,581
of which Non-recurring financial income: -€2.1m
- Financial charges -€2.0m
down €2.0m (-90.8%), from €2.2m to €201,021
of which Non-recurring financial charges: -€2.1m
- Goods and materials -€553,744
down €553,744 (-36.6%), from €1.5m to €957,457
of which Purchases: -€501,260
- Services and other goods -€167,298
down €167,298 (-14.6%), from €1.1m to €975,734
From the 2023 result to the 2024 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.
Result 2023
€75,863
Turnover
-€2.9m
Other operating income
+€31,422
Goods and materials
+€553,744
Services and other goods
+€167,298
Staff costs
-€72,130
Depreciation
+€62,317
Other operating charges
-€1,053
Other operating items
+€2.2m
Financial income
-€2.1m
Financial charges
+€2.0m
Taxes
-€10,000
Result 2024
€75,096
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€347,416
Investment
-€399,933
Financing
+€763,850
Cash 2023
€33,518
From operations (derived)
-€347,416
Net result for the year
+€75,096
Depreciation
+€416,891
Stocks and contracts
-€1.6m
Receivables within one year
-€257,614
Deferred charges and accrued income
+€8,889
Trade debts
+€129,532
Tax, wage and social debts
-€30,401
Advances received
+€934,028
Other debts
-€21,264
Accrued charges and deferred income
+€1,884
Investment (derived)
-€399,933
Investment in fixed assets (net)
-€399,954
Current investments
+€21
Financing
+€763,850
Debts after one year
+€612,113
Current portion of long-term debt
-€136,056
Short-term financial debts
+€251,020
Contributions, distributions and other
+€36,772
Cash 2024
€50,019
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,926,026 | €6,778,750 | +€1.9m | +37.6% |
| Fixed assets | 21/28 | €2,328,225 | €2,311,288 | -€16,937 | -0.7% |
| Intangible fixed assets | 21 | €1,216,249 | €1,339,000 | +€122,750 | +10.1% |
| Tangible fixed assets | 22/27 | €1,108,976 | €969,289 | -€139,687 | -12.6% |
| Land and buildings | 22 | €939,145 | €913,288 | -€25,858 | -2.8% |
| Plant, machinery and equipment | 23 | €88,866 | €25,151 | -€63,715 | -71.7% |
| Furniture and vehicles | 24 | €7,120 | €8,010 | +€889 | +12.5% |
| Leasing and similar rights | 25 | €73,844 | €22,841 | -€51,003 | -69.1% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €3,000 | €3,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €2,597,801 | €4,467,462 | +€1.9m | +72.0% |
| Stocks and contracts in progress | 3 | €1,403,557 | €3,008,012 | +€1.6m | +114.3% |
| Stocks | 30/36 | €1,403,557 | €1,675,729 | +€272,173 | +19.4% |
| Raw materials and consumables | 30/31 | €200,378 | €273,293 | +€72,916 | +36.4% |
| Work in progress | 32 | €298,850 | €200,306 | -€98,544 | -33.0% |
| Finished goods | 33 | €904,329 | €1,202,130 | +€297,801 | +32.9% |
| Contracts in progress | 37 | - | €1,332,283 | +€1.3m | |
| Amounts receivable within one year | 40/41 | €1,059,406 | €1,317,021 | +€257,614 | +24.3% |
| Trade receivables | 40 | €807,511 | €1,048,454 | +€240,942 | +29.8% |
| Other amounts receivable | 41 | €251,895 | €268,567 | +€16,672 | +6.6% |
| Current investments | 50/53 | €62,023 | €62,002 | -€21 | 0.0% |
| Own shares | 50 | €62,000 | €62,000 | = | 0.0% |
| Other investments | 51/53 | €23 | €2 | -€21 | -90.7% |
| Cash at bank and in hand | 54/58 | €33,518 | €50,019 | +€16,501 | +49.2% |
| Deferred charges and accrued income | 490/1 | €39,297 | €30,408 | -€8,889 | -22.6% |
| Total equity and liabilities | 10/49 | €4,926,026 | €6,778,750 | +€1.9m | +37.6% |
| Equity | 10/15 | €1,809,644 | €1,921,512 | +€111,868 | +6.2% |
| Contributions | 10/11 | €2,050,000 | €2,050,000 | = | 0.0% |
| Capital | 10 | €2,050,000 | €2,050,000 | = | 0.0% |
| Issued capital | 100 | €2,050,000 | €2,050,000 | = | 0.0% |
| Revaluation surpluses | 12 | €887,121 | €861,263 | -€25,858 | -2.9% |
| Reserves | 13 | €690,846 | €716,704 | +€25,858 | +3.7% |
| Non-distributable reserves | 130/1 | €119,673 | €119,673 | = | 0.0% |
| Legal reserve | 130 | €57,673 | €57,673 | = | 0.0% |
| Own shares acquired | 1312 | €62,000 | €62,000 | = | 0.0% |
| Distributable reserves | 133 | €571,174 | €597,032 | +€25,858 | +4.5% |
| Profit (loss) carried forward | 14 | -€2,054,048 | -€1,978,952 | +€75,096 | +3.7% |
| Investment grants | 15 | €235,725 | €272,497 | +€36,772 | +15.6% |
| Amounts payable | 17/49 | €3,116,382 | €4,857,238 | +€1.7m | +55.9% |
| Amounts payable after more than one year | 17 | €682,761 | €1,294,874 | +€612,113 | +89.7% |
| Financial debts | 170/4 | €430,265 | €711,899 | +€281,633 | +65.5% |
| Subordinated loans | 170 | - | €399,320 | +€399,320 | |
| Leasing and similar obligations | 172 | €24,540 | €12,578 | -€11,962 | -48.7% |
| Other loans | 174 | €405,725 | €300,000 | -€105,725 | -26.1% |
| Other amounts payable | 178/9 | €252,496 | €582,975 | +€330,479 | +130.9% |
| Amounts payable within one year | 42/48 | €2,433,621 | €3,560,481 | +€1.1m | +46.3% |
| Current portion of amounts payable after more than one year | 42 | €582,167 | €446,111 | -€136,056 | -23.4% |
| Financial debts | 43 | €387,755 | €638,776 | +€251,020 | +64.7% |
| Credit institutions | 430/8 | €387,755 | €638,776 | +€251,020 | +64.7% |
| Trade debts | 44 | €333,123 | €462,656 | +€129,532 | +38.9% |
| Suppliers | 440/4 | €333,123 | €462,656 | +€129,532 | +38.9% |
| Advances received on contracts in progress | 46 | €57,678 | €991,706 | +€934,028 | +1619.4% |
| Taxes, remuneration and social security | 45 | €1,043,239 | €1,012,838 | -€30,401 | -2.9% |
| Taxes | 450/3 | €363,237 | €419,259 | +€56,022 | +15.4% |
| Remuneration and social security | 454/9 | €680,003 | €593,580 | -€86,423 | -12.7% |
| Other amounts payable | 47/48 | €29,658 | €8,394 | -€21,264 | -71.7% |
| Accrued charges and deferred income | 492/3 | - | €1,884 | +€1,884 | |
| Operating income | 70/76A | €5,037,891 | €4,410,073 | -€627,818 | -12.5% |
| Turnover | 70 | €5,176,441 | €2,322,103 | -€2.9m | -55.1% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€278,207 | €1,621,648 | +€1.9m | |
| Own construction capitalised | 72 | - | €295,243 | +€295,243 | |
| Other operating income | 74 | €139,657 | €171,079 | +€31,422 | +22.5% |
| Operating charges | 60/66A | €4,903,713 | €4,193,537 | -€710,176 | -14.5% |
| Goods for resale, raw materials and consumables | 60 | €1,511,201 | €957,457 | -€553,744 | -36.6% |
| Purchases | 600/8 | €1,531,633 | €1,030,373 | -€501,260 | -32.7% |
| Change in stocks: decrease (increase) | 609 | -€20,431 | -€72,916 | -€52,484 | -256.9% |
| Services and other goods | 61 | €1,143,032 | €975,734 | -€167,298 | -14.6% |
| Remuneration, social security and pensions | 62 | €1,630,399 | €1,702,530 | +€72,130 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €479,208 | €416,891 | -€62,317 | -13.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €90,109 | €90,109 | = | 0.0% |
| Other operating charges | 640/8 | €49,764 | €50,817 | +€1,053 | +2.1% |
| Operating profit (loss) | 9901 | €134,178 | €216,536 | +€82,358 | +61.4% |
| Financial income | 75/76B | €2,125,506 | €59,581 | -€2.1m | -97.2% |
| Recurring financial income | 75 | €59,626 | €59,581 | -€45 | -0.1% |
| Income from current assets | 751 | - | €0 | +€0 | |
| Other financial income | 752/9 | €59,626 | €59,581 | -€45 | -0.1% |
| Non-recurring financial income | 76B | €2,065,880 | - | -€2.1m | |
| Financial charges | 65/66B | €2,193,821 | €201,021 | -€2.0m | -90.8% |
| Recurring financial charges | 65 | €127,941 | €201,021 | +€73,080 | +57.1% |
| Debt charges | 650 | €121,535 | €190,709 | +€69,175 | +56.9% |
| Other financial charges | 652/9 | €6,407 | €10,312 | +€3,905 | +61.0% |
| Non-recurring financial charges | 66B | €2,065,880 | - | -€2.1m | |
| Profit (loss) for the period before taxes | 9903 | €65,863 | €75,096 | +€9,233 | +14.0% |
| Income taxes | 67/77 | -€10,000 | - | +€10,000 | |
| Tax adjustments and reversals of tax provisions | 77 | €10,000 | - | -€10,000 | |
| Profit (loss) for the period | 9904 | €75,863 | €75,096 | -€767 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €75,863 | €75,096 | -€767 | -1.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.