BC: 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.
BC
Largest movements
- Receivables within one year -€5,300
down €5,300 (-70.2%), from €7,546 to €2,246
of which Other amounts receivable: -€5,069
- Deferred charges and accrued income -€4,357
down €4,357 (-47.8%), from €9,106 to €4,749
- Tangible fixed assets -€2,700
down €2,700 (-100.0%), from €2,700 to €0
of which Land and buildings: -€2,277
- Profit (loss) carried forward -€3,268
down €3,268 (-46.7%), from -€7,004 to -€10,272
- Other debts -€3,012
down €3,012 (-58.0%), from €5,198 to €2,185
- Reserves -€2,185
down €2,185 (-9.6%), from €22,763 to €20,578
- Short-term financial debts -€2,046
down €2,046 (-96.2%), from €2,126 to €80
of which Other loans: -€2,125
- Trade debts -€1,601
down €1,601 (-63.3%), from €2,530 to €929
- Gross operating margin +€3,346
up €3,346 (+87.0%), from -€3,845 to -€500
- Depreciation -€403
down €403 (-100.0%), from €403 to €0
- Other operating charges -€397
down €397 (-37.8%), from €1,050 to €654
- Financial charges +€334
up €334 (+21.2%), from €1,578 to €1,912
- Staff costs -€250
down €250 (-100.0%), from €250 to €0
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 | €29,427 | €17,356 | -€12,071 | -41.0% |
| Fixed assets | 21/28 | €2,700 | €0 | -€2,700 | -100.0% |
| Tangible fixed assets | 22/27 | €2,700 | €0 | -€2,700 | -100.0% |
| Land and buildings | 22 | €2,277 | €0 | -€2,277 | -100.0% |
| Furniture and vehicles | 24 | €423 | €0 | -€423 | -100.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €26,726 | €17,356 | -€9,370 | -35.1% |
| Amounts receivable after more than one year | 29 | €9,817 | €9,817 | = | 0.0% |
| Other amounts receivable | 291 | €9,817 | €9,817 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,546 | €2,246 | -€5,300 | -70.2% |
| Trade receivables | 40 | €231 | €0 | -€231 | -100.0% |
| Other amounts receivable | 41 | €7,314 | €2,246 | -€5,069 | -69.3% |
| Cash at bank and in hand | 54/58 | €257 | €544 | +€287 | +111.4% |
| Deferred charges and accrued income | 490/1 | €9,106 | €4,749 | -€4,357 | -47.8% |
| Total equity and liabilities | 10/49 | €29,427 | €17,356 | -€12,071 | -41.0% |
| Equity | 10/15 | €18,759 | €13,306 | -€5,453 | -29.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €22,763 | €20,578 | -€2,185 | -9.6% |
| Distributable reserves | 133 | €22,763 | €20,578 | -€2,185 | -9.6% |
| Profit (loss) carried forward | 14 | -€7,004 | -€10,272 | -€3,268 | -46.7% |
| Amounts payable | 17/49 | €10,667 | €4,050 | -€6,617 | -62.0% |
| Amounts payable within one year | 42/48 | €10,592 | €4,050 | -€6,542 | -61.8% |
| Financial debts | 43 | €2,126 | €80 | -€2,046 | -96.2% |
| Credit institutions | 430/8 | €2 | €80 | +€78 | +3920.6% |
| Other loans | 439 | €2,125 | €0 | -€2,125 | -100.0% |
| Trade debts | 44 | €2,530 | €929 | -€1,601 | -63.3% |
| Suppliers | 440/4 | €2,530 | €929 | -€1,601 | -63.3% |
| Advances received on contracts in progress | 46 | €280 | €0 | -€280 | -100.0% |
| Taxes, remuneration and social security | 45 | €458 | €856 | +€398 | +86.8% |
| Taxes | 450/3 | €458 | €856 | +€398 | +86.8% |
| Other amounts payable | 47/48 | €5,198 | €2,185 | -€3,012 | -58.0% |
| Accrued charges and deferred income | 492/3 | €75 | €0 | -€75 | -100.0% |
| Non-recurring operating income | 76A | €7,099 | €0 | -€7,099 | -100.0% |
| Remuneration, social security and pensions | 62 | €250 | €0 | -€250 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €403 | €0 | -€403 | -100.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €138 | €0 | -€138 | -100.0% |
| Other operating charges | 640/8 | €1,050 | €654 | -€397 | -37.8% |
| Non-recurring operating charges | 66A | €169 | €475 | +€306 | +181.3% |
| Gross operating margin | 9900 | -€3,845 | -€500 | +€3,346 | +87.0% |
| Operating profit (loss) | 9901 | -€5,855 | -€1,629 | +€4,226 | +72.2% |
| Financial income | 75/76B | €584 | €437 | -€147 | -25.1% |
| Recurring financial income | 75 | €584 | €437 | -€147 | -25.1% |
| Financial charges | 65/66B | €1,578 | €1,912 | +€334 | +21.2% |
| Recurring financial charges | 65 | €1,578 | €1,912 | +€334 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,850 | -€3,104 | +€3,746 | +54.7% |
| Income taxes | 67/77 | €154 | €164 | +€10 | +6.4% |
| Profit (loss) for the period | 9904 | -€7,004 | -€3,268 | +€3,736 | +53.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,004 | -€3,268 | +€3,736 | +53.3% |
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 7 October 2026 via checked.be.