BBR 36: 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.
BBR 36
Largest movements
- Receivables after one year +€1.8m
up €1.8m (+52.5%), from €3.4m to €5.2m
- Stocks and contracts -€739,858
down €739,858 (-62.0%), from €1.2m to €453,998
- Profit (loss) carried forward +€730,748
up €730,748 (+20.6%), from -€3.5m to -€2.8m
- Trade debts +€399,293
up €399,293 (+13,650%), from €2,925 to €402,218
- Gross operating margin +€595,354
up €595,354, from -€3,232 to €592,122
- Financial charges +€51,815
up €51,815 (+14,611%), from €355 to €52,170
- Financial income +€40,623
up €40,623 (+26.1%), from €155,924 to €196,547
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 | €4,638,362 | €5,767,203 | +€1.1m | +24.3% |
| Current assets | 29/58 | €4,638,362 | €5,767,203 | +€1.1m | +24.3% |
| Amounts receivable after more than one year | 29 | €3,434,251 | €5,236,904 | +€1.8m | +52.5% |
| Other amounts receivable | 291 | €3,434,251 | €5,236,904 | +€1.8m | +52.5% |
| Stocks and contracts in progress | 3 | €1,193,855 | €453,998 | -€739,858 | -62.0% |
| Stocks | 30/36 | €1,193,855 | €453,998 | -€739,858 | -62.0% |
| Amounts receivable within one year | 40/41 | €8,570 | €18,137 | +€9,568 | +112% |
| Trade receivables | 40 | €2,379 | - | -€2,379 | |
| Other amounts receivable | 41 | €6,191 | €18,137 | +€11,947 | +193% |
| Cash at bank and in hand | 54/58 | €1,686 | €2,756 | +€1,070 | +63.5% |
| Deferred charges and accrued income | 490/1 | - | €55,408 | +€55,408 | |
| Total equity and liabilities | 10/49 | €4,638,362 | €5,767,203 | +€1.1m | +24.3% |
| Equity | 10/15 | €4,634,237 | €5,364,985 | +€730,748 | +15.8% |
| Contributions | 10/11 | €8,173,000 | €8,173,000 | = | 0.0% |
| Capital | 10 | €8,173,000 | €8,173,000 | = | 0.0% |
| Issued capital | 100 | €8,173,000 | €8,173,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,538,763 | -€2,808,015 | +€730,748 | +20.6% |
| Amounts payable | 17/49 | €4,125 | €402,218 | +€398,093 | +9,650% |
| Amounts payable within one year | 42/48 | €2,925 | €402,218 | +€399,293 | +13,650% |
| Trade debts | 44 | €2,925 | €402,218 | +€399,293 | +13,650% |
| Suppliers | 440/4 | €2,925 | €402,218 | +€399,293 | +13,650% |
| Accrued charges and deferred income | 492/3 | €1,200 | - | -€1,200 | |
| Other operating charges | 640/8 | €4,672 | €5,752 | +€1,080 | +23.1% |
| Gross operating margin | 9900 | -€3,232 | €592,122 | +€595,354 | |
| Operating profit (loss) | 9901 | -€7,904 | €586,370 | +€594,274 | |
| Financial income | 75/76B | €155,924 | €196,547 | +€40,623 | +26.1% |
| Recurring financial income | 75 | €155,924 | €196,547 | +€40,623 | +26.1% |
| Financial charges | 65/66B | €355 | €52,170 | +€51,815 | +14,611% |
| Recurring financial charges | 65 | €355 | €52,170 | +€51,815 | +14,611% |
| Profit (loss) for the period before taxes | 9903 | €147,665 | €730,748 | +€583,082 | +395% |
| Profit (loss) for the period | 9904 | €147,665 | €730,748 | +€583,082 | +395% |
| Profit (loss) for the period to be appropriated | 9905 | €147,665 | €730,748 | +€583,082 | +395% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.