BE BO BUN: 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.
BE BO BUN
Largest movements
- Tangible fixed assets +€63,310
up €63,310 (+402%), from €15,757 to €79,067
- Receivables within one year +€52,516
up €52,516 (+1,164%), from €4,512 to €57,028
of which Other amounts receivable: +€50,736
- Cash -€25,325
down €25,325 (-34.0%), from €74,422 to €49,097
mainly Investment in fixed assets (net) (-€77,483) and Receivables within one year (-€52,516)
- Stocks and contracts +€9,275
up €9,275 (+170%), from €5,442 to €14,717
- Debts after one year +€69,743
up €69,743 (+3,822%), from €1,825 to €71,568
- Current portion of long-term debt +€22,710
up €22,710 (+227%), from €9,990 to €32,700
- Trade debts +€17,142
up €17,142 (+513%), from €3,342 to €20,484
- Profit (loss) carried forward -€11,364
down €11,364 (-27.0%), from €42,159 to €30,795
- Staff costs +€67,420
up €67,420 (+82.3%), from €81,967 to €149,387
- Gross operating margin +€40,875
up €40,875 (+32.3%), from €126,737 to €167,612
- Depreciation +€10,379
up €10,379 (+274%), from €3,794 to €14,173
- Taxes -€6,611
down €6,611 (-73.9%), from €8,942 to €2,330
- Financial charges +€5,779
up €5,779 (+108%), from €5,373 to €11,152
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 | €104,654 | €203,301 | +€98,646 | +94.3% |
| Fixed assets | 21/28 | €15,757 | €79,067 | +€63,310 | +402% |
| Tangible fixed assets | 22/27 | €15,757 | €79,067 | +€63,310 | +402% |
| Plant, machinery and equipment | 23 | - | €11,037 | +€11,037 | |
| Furniture and vehicles | 24 | - | €27,579 | +€27,579 | |
| Other tangible fixed assets | 26 | €15,757 | €40,451 | +€24,694 | +157% |
| Current assets | 29/58 | €88,897 | €124,233 | +€35,337 | +39.7% |
| Stocks and contracts in progress | 3 | €5,442 | €14,717 | +€9,275 | +170% |
| Stocks | 30/36 | €5,442 | €14,717 | +€9,275 | +170% |
| Amounts receivable within one year | 40/41 | €4,512 | €57,028 | +€52,516 | +1,164% |
| Trade receivables | 40 | - | €1,780 | +€1,780 | |
| Other amounts receivable | 41 | €4,512 | €55,247 | +€50,736 | +1,124% |
| Cash at bank and in hand | 54/58 | €74,422 | €49,097 | -€25,325 | -34.0% |
| Deferred charges and accrued income | 490/1 | €4,521 | €3,392 | -€1,130 | -25.0% |
| Total equity and liabilities | 10/49 | €104,654 | €203,301 | +€98,646 | +94.3% |
| Equity | 10/15 | €60,759 | €49,395 | -€11,364 | -18.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,159 | €30,795 | -€11,364 | -27.0% |
| Amounts payable | 17/49 | €43,896 | €153,906 | +€110,010 | +251% |
| Amounts payable after more than one year | 17 | €1,825 | €71,568 | +€69,743 | +3,822% |
| Financial debts | 170/4 | €1,825 | €71,568 | +€69,743 | +3,822% |
| Amounts payable within one year | 42/48 | €42,071 | €82,338 | +€40,267 | +95.7% |
| Current portion of amounts payable after more than one year | 42 | €9,990 | €32,700 | +€22,710 | +227% |
| Trade debts | 44 | €3,342 | €20,484 | +€17,142 | +513% |
| Suppliers | 440/4 | €3,342 | €20,484 | +€17,142 | +513% |
| Taxes, remuneration and social security | 45 | €28,394 | €29,154 | +€760 | +2.7% |
| Taxes | 450/3 | €14,855 | €16,568 | +€1,713 | +11.5% |
| Remuneration and social security | 454/9 | €13,539 | €12,586 | -€953 | -7.0% |
| Other amounts payable | 47/48 | €345 | - | -€345 | |
| Remuneration, social security and pensions | 62 | €81,967 | €149,387 | +€67,420 | +82.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,794 | €14,173 | +€10,379 | +274% |
| Other operating charges | 640/8 | €1,252 | €1,959 | +€707 | +56.5% |
| Non-recurring operating charges | 66A | €13,509 | - | -€13,509 | |
| Gross operating margin | 9900 | €126,737 | €167,612 | +€40,875 | +32.3% |
| Operating profit (loss) | 9901 | €26,216 | €2,093 | -€24,123 | -92.0% |
| Financial income | 75/76B | - | €26 | +€26 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Financial charges | 65/66B | €5,373 | €11,152 | +€5,779 | +108% |
| Recurring financial charges | 65 | €5,373 | €11,152 | +€5,779 | +108% |
| Profit (loss) for the period before taxes | 9903 | €20,843 | -€9,033 | -€29,876 | |
| Income taxes | 67/77 | €8,942 | €2,330 | -€6,611 | -73.9% |
| Profit (loss) for the period | 9904 | €11,901 | -€11,364 | -€23,265 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,901 | -€11,364 | -€23,265 |
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 18 October 2026 via checked.be.