BBOR: 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.
BBOR
Largest movements
- Stocks and contracts +€20,850
new in 2025: €20,850
- Deferred charges and accrued income +€18,498
up €18,498 (+22800.0%), from €81 to €18,579
- Cash +€8,789
up €8,789 (+9.6%), from €91,548 to €100,336
mainly Net result for the year (+€23,671) and Trade debts (+€17,688)
- Receivables within one year +€2,105
up €2,105 (+40.8%), from €5,164 to €7,269
of which Other amounts receivable: +€3,712
- Tangible fixed assets +€1,591
new in 2025: €1,591
- Reserves +€23,800
up €23,800 (+58.0%), from €41,000 to €64,800
- Trade debts +€17,688
up €17,688 (+475.1%), from €3,723 to €21,411
- Tax, wage and social debts +€6,746
up €6,746 (+63.7%), from €10,597 to €17,343
- Other debts +€3,727
up €3,727 (+11.9%), from €31,330 to €35,057
- Gross operating margin -€29,936
down €29,936 (-49.6%), from €60,380 to €30,444
- Staff costs -€8,560
down €8,560 (-100.0%), from €8,560 to €0
- Taxes -€4,162
down €4,162 (-39.3%), from €10,597 to €6,435
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 | €96,793 | €148,625 | +€51,832 | +53.5% |
| Fixed assets | 21/28 | - | €1,591 | +€1,591 | |
| Tangible fixed assets | 22/27 | - | €1,591 | +€1,591 | |
| Furniture and vehicles | 24 | - | €1,591 | +€1,591 | |
| Current assets | 29/58 | €96,793 | €147,034 | +€50,241 | +51.9% |
| Stocks and contracts in progress | 3 | - | €20,850 | +€20,850 | |
| Stocks | 30/36 | - | €20,850 | +€20,850 | |
| Amounts receivable within one year | 40/41 | €5,164 | €7,269 | +€2,105 | +40.8% |
| Trade receivables | 40 | €4,675 | €3,068 | -€1,607 | -34.4% |
| Other amounts receivable | 41 | €489 | €4,201 | +€3,712 | +758.6% |
| Cash at bank and in hand | 54/58 | €91,548 | €100,336 | +€8,789 | +9.6% |
| Deferred charges and accrued income | 490/1 | €81 | €18,579 | +€18,498 | +22800.0% |
| Total equity and liabilities | 10/49 | €96,793 | €148,625 | +€51,832 | +53.5% |
| Equity | 10/15 | €51,143 | €74,814 | +€23,671 | +46.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €41,000 | €64,800 | +€23,800 | +58.0% |
| Distributable reserves | 133 | €41,000 | €64,800 | +€23,800 | +58.0% |
| Profit (loss) carried forward | 14 | €143 | €14 | -€129 | -90.1% |
| Amounts payable | 17/49 | €45,650 | €73,811 | +€28,161 | +61.7% |
| Amounts payable within one year | 42/48 | €45,650 | €73,811 | +€28,161 | +61.7% |
| Trade debts | 44 | €3,723 | €21,411 | +€17,688 | +475.1% |
| Suppliers | 440/4 | €3,723 | €21,411 | +€17,688 | +475.1% |
| Taxes, remuneration and social security | 45 | €10,597 | €17,343 | +€6,746 | +63.7% |
| Taxes | 450/3 | €10,597 | €17,343 | +€6,746 | +63.7% |
| Other amounts payable | 47/48 | €31,330 | €35,057 | +€3,727 | +11.9% |
| Non-recurring operating income | 76A | €213 | €0 | -€213 | -100.0% |
| Remuneration, social security and pensions | 62 | €8,560 | €0 | -€8,560 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €49 | +€49 | |
| Other operating charges | 640/8 | €50 | €184 | +€134 | +268.8% |
| Gross operating margin | 9900 | €60,380 | €30,444 | -€29,936 | -49.6% |
| Operating profit (loss) | 9901 | €51,770 | €30,210 | -€21,560 | -41.6% |
| Financial income | 75/76B | €39 | €1 | -€38 | -97.4% |
| Recurring financial income | 75 | €39 | €1 | -€38 | -97.4% |
| Financial charges | 65/66B | €69 | €105 | +€36 | +52.1% |
| Recurring financial charges | 65 | €69 | €105 | +€36 | +52.1% |
| Profit (loss) for the period before taxes | 9903 | €51,740 | €30,106 | -€21,634 | -41.8% |
| Income taxes | 67/77 | €10,597 | €6,435 | -€4,162 | -39.3% |
| Profit (loss) for the period | 9904 | €41,143 | €23,671 | -€17,472 | -42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,143 | €23,671 | -€17,472 | -42.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.