BBR: 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.
BBR
Largest movements
- Receivables within one year +€106,768
up €106,768 (+10.7%), from €1.0m to €1.1m
of which Other amounts receivable: +€58,567
- Tangible fixed assets -€70,472
down €70,472 (-30.7%), from €229,193 to €158,721
- Cash -€37,896
down €37,896 (-65.4%), from €57,905 to €20,008
mainly Receivables within one year (-€106,768) and Tax, wage and social debts (-€2,994)
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€6,409
down €6,409 (-43.8%), from €14,626 to €8,217
- Taxes +€1,903
up €1,903 (+49.6%), from €3,841 to €5,744
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 | €1,287,878 | €1,286,277 | -€1,600 | -0.1% |
| Fixed assets | 21/28 | €229,193 | €158,721 | -€70,472 | -30.7% |
| Tangible fixed assets | 22/27 | €229,193 | €158,721 | -€70,472 | -30.7% |
| Land and buildings | 22 | €229,193 | €158,721 | -€70,472 | -30.7% |
| Current assets | 29/58 | €1,058,685 | €1,127,557 | +€68,872 | +6.5% |
| Amounts receivable within one year | 40/41 | €1,000,780 | €1,107,548 | +€106,768 | +10.7% |
| Trade receivables | 40 | €40,969 | €89,170 | +€48,201 | +117.7% |
| Other amounts receivable | 41 | €959,811 | €1,018,378 | +€58,567 | +6.1% |
| Cash at bank and in hand | 54/58 | €57,905 | €20,008 | -€37,896 | -65.4% |
| Total equity and liabilities | 10/49 | €1,287,878 | €1,286,277 | -€1,600 | -0.1% |
| Equity | 10/15 | €1,280,103 | €1,282,090 | +€1,986 | +0.2% |
| Contributions | 10/11 | €252,000 | €252,000 | = | 0.0% |
| Capital | 10 | €252,000 | €252,000 | = | 0.0% |
| Issued capital | 100 | €252,000 | €252,000 | = | 0.0% |
| Reserves | 13 | €1,027,700 | €1,029,700 | +€2,000 | +0.2% |
| Non-distributable reserves | 130/1 | €25,200 | €25,200 | = | 0.0% |
| Legal reserve | 130 | €25,200 | €25,200 | = | 0.0% |
| Distributable reserves | 133 | €1,002,500 | €1,004,500 | +€2,000 | +0.2% |
| Profit (loss) carried forward | 14 | €403 | €390 | -€14 | -3.4% |
| Amounts payable | 17/49 | €7,774 | €4,188 | -€3,587 | -46.1% |
| Amounts payable within one year | 42/48 | €7,774 | €4,188 | -€3,587 | -46.1% |
| Trade debts | 44 | €593 | - | -€593 | |
| Suppliers | 440/4 | €593 | - | -€593 | |
| Taxes, remuneration and social security | 45 | €7,181 | €4,188 | -€2,994 | -41.7% |
| Taxes | 450/3 | €7,181 | €4,188 | -€2,994 | -41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,472 | €70,472 | -€0 | 0.0% |
| Other operating charges | 640/8 | €7,052 | €7,257 | +€205 | +2.9% |
| Gross operating margin | 9900 | €77,440 | €77,440 | = | 0.0% |
| Operating profit (loss) | 9901 | -€85 | -€289 | -€205 | -242.1% |
| Financial income | 75/76B | €14,626 | €8,217 | -€6,409 | -43.8% |
| Recurring financial income | 75 | €14,626 | €8,217 | -€6,409 | -43.8% |
| Financial charges | 65/66B | €150 | €197 | +€47 | +31.5% |
| Recurring financial charges | 65 | €150 | €197 | +€47 | +31.5% |
| Profit (loss) for the period before taxes | 9903 | €14,391 | €7,730 | -€6,661 | -46.3% |
| Income taxes | 67/77 | €3,841 | €5,744 | +€1,903 | +49.6% |
| Profit (loss) for the period | 9904 | €10,551 | €1,986 | -€8,564 | -81.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,551 | €1,986 | -€8,564 | -81.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.