BBOF: 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.
BBOF
Largest movements
- Tangible fixed assets -€471,636
down €471,636 (-61.9%), from €762,272 to €290,635
- Current investments -€63,088
down €63,088 (-31.4%), from €201,052 to €137,965
- Cash +€46,887
up €46,887 (+113%), from €41,483 to €88,370
mainly Investment in fixed assets (net) (+€456,914) and Net result for the year (+€143,227)
- Receivables within one year +€14,568
up €14,568 (+183%), from €7,970 to €22,537
- Contributions -€569,688
down €569,688 (-88.4%), from €644,550 to €74,862
- Reserves +€108,495
up €108,495 (+33.1%), from €327,346 to €435,841
of which Distributable reserves: +€164,338
- Provisions -€28,768
no longer reported in 2025 (was €28,768)
- Tax, wage and social debts +€14,944
up €14,944 (+301%), from €4,963 to €19,907
- Gross operating margin +€131,831
up €131,831 (+138%), from €95,729 to €227,560
- Taxes +€70,788
up €70,788 (+316%), from €22,401 to €93,189
- Depreciation -€13,093
down €13,093 (-47.1%), from €27,816 to €14,723
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 | €1,015,874 | €542,298 | -€473,576 | -46.6% |
| Fixed assets | 21/28 | €762,365 | €290,729 | -€471,636 | -61.9% |
| Tangible fixed assets | 22/27 | €762,272 | €290,635 | -€471,636 | -61.9% |
| Land and buildings | 22 | €762,272 | €290,635 | -€471,636 | -61.9% |
| Financial fixed assets | 28 | €93 | €93 | = | 0.0% |
| Current assets | 29/58 | €253,509 | €251,569 | -€1,939 | -0.8% |
| Amounts receivable within one year | 40/41 | €7,970 | €22,537 | +€14,568 | +183% |
| Other amounts receivable | 41 | €7,970 | €22,537 | +€14,568 | +183% |
| Current investments | 50/53 | €201,052 | €137,965 | -€63,088 | -31.4% |
| Cash at bank and in hand | 54/58 | €41,483 | €88,370 | +€46,887 | +113% |
| Deferred charges and accrued income | 490/1 | €3,004 | €2,698 | -€306 | -10.2% |
| Total equity and liabilities | 10/49 | €1,015,874 | €542,298 | -€473,576 | -46.6% |
| Equity | 10/15 | €971,896 | €510,703 | -€461,192 | -47.5% |
| Contributions | 10/11 | €644,550 | €74,862 | -€569,688 | -88.4% |
| Reserves | 13 | €327,346 | €435,841 | +€108,495 | +33.1% |
| Tax-exempt reserves | 132 | €55,843 | - | -€55,843 | |
| Distributable reserves | 133 | €271,503 | €435,841 | +€164,338 | +60.5% |
| Provisions and deferred taxes | 16 | €28,768 | - | -€28,768 | |
| Deferred taxes | 168 | €28,768 | - | -€28,768 | |
| Amounts payable | 17/49 | €15,211 | €31,595 | +€16,384 | +108% |
| Amounts payable within one year | 42/48 | €8,041 | €24,174 | +€16,133 | +201% |
| Trade debts | 44 | €255 | €2,254 | +€1,999 | +785% |
| Suppliers | 440/4 | €255 | €2,254 | +€1,999 | +785% |
| Taxes, remuneration and social security | 45 | €4,963 | €19,907 | +€14,944 | +301% |
| Taxes | 450/3 | €4,963 | €19,907 | +€14,944 | +301% |
| Other amounts payable | 47/48 | €2,823 | €2,013 | -€810 | -28.7% |
| Accrued charges and deferred income | 492/3 | €7,170 | €7,421 | +€251 | +3.5% |
| Non-recurring operating income | 76A | - | €137,086 | +€137,086 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,816 | €14,723 | -€13,093 | -47.1% |
| Other operating charges | 640/8 | €8,607 | €7,874 | -€733 | -8.5% |
| Gross operating margin | 9900 | €95,729 | €227,560 | +€131,831 | +138% |
| Operating profit (loss) | 9901 | €59,306 | €204,963 | +€145,657 | +246% |
| Financial income | 75/76B | €1,361 | €2,732 | +€1,371 | +101% |
| Recurring financial income | 75 | €1,361 | €2,732 | +€1,371 | +101% |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €60,621 | €207,649 | +€147,028 | +243% |
| Transfer from deferred taxes | 780 | €3,878 | €28,768 | +€24,889 | +642% |
| Income taxes | 67/77 | €22,401 | €93,189 | +€70,788 | +316% |
| Profit (loss) for the period | 9904 | €42,098 | €143,227 | +€101,129 | +240% |
| Transfer from tax-exempt reserves | 789 | €7,528 | €55,843 | +€48,314 | +642% |
| Profit (loss) for the period to be appropriated | 9905 | €49,626 | €199,070 | +€149,444 | +301% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.