BELGIAN BUTTON COMPANY: what changed
BELGIAN BUTTON COMPANY
Largest movements
- Cash -€16,525
down €16,525 (-26.2%), from €63,035 to €46,510
mainly Net result for the year (-€18,440) and Investment in fixed assets (net) (-€9,682)
- Tangible fixed assets -€7,101
down €7,101 (-42.6%), from €16,671 to €9,570
of which Furniture and vehicles: -€7,033
- Receivables within one year +€4,186
up €4,186 (+14.4%), from €29,104 to €33,290
of which Trade receivables: +€4,045
- Profit (loss) carried forward -€18,440
down €18,440, from €0 to -€18,440
- Trade debts +€5,200
up €5,200 (+26.5%), from €19,597 to €24,797
- Tax, wage and social debts -€3,778
down €3,778 (-19.6%), from €19,322 to €15,544
of which Taxes: -€9,307
- Accrued charges and deferred income -€2,418
down €2,418 (-100%), from €2,418 to €0
- Gross operating margin -€43,807
down €43,807 (-68.2%), from €64,220 to €20,414
- Depreciation +€2,374
up €2,374 (+16.1%), from €14,741 to €17,114
- Staff costs -€1,815
down €1,815 (-9.3%), from €19,607 to €17,791
- Taxes -€880
down €880 (-100%), from €880 to €0
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €169,799 | €150,363 | -€19,436 | -11.4% |
| Fixed assets | 21/28 | €77,659 | €70,226 | -€7,433 | -9.6% |
| Intangible fixed assets | 21 | €27,549 | €27,218 | -€332 | -1.2% |
| Tangible fixed assets | 22/27 | €16,671 | €9,570 | -€7,101 | -42.6% |
| Plant, machinery and equipment | 23 | €68 | €0 | -€68 | -100% |
| Furniture and vehicles | 24 | €16,603 | €9,570 | -€7,033 | -42.4% |
| Financial fixed assets | 28 | €33,439 | €33,439 | = | 0.0% |
| Current assets | 29/58 | €92,140 | €80,137 | -€12,003 | -13.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €29,104 | €33,290 | +€4,186 | +14.4% |
| Trade receivables | 40 | €28,707 | €32,752 | +€4,045 | +14.1% |
| Other amounts receivable | 41 | €398 | €538 | +€141 | +35.3% |
| Cash at bank and in hand | 54/58 | €63,035 | €46,510 | -€16,525 | -26.2% |
| Deferred charges and accrued income | 490/1 | €0 | €336 | +€336 | |
| Total equity and liabilities | 10/49 | €169,799 | €150,363 | -€19,436 | -11.4% |
| Equity | 10/15 | €128,462 | €110,023 | -€18,440 | -14.4% |
| Contributions | 10/11 | €10,533 | €10,533 | = | 0.0% |
| Reserves | 13 | €117,929 | €117,929 | = | 0.0% |
| Distributable reserves | 133 | €117,929 | €117,929 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€18,440 | -€18,440 | |
| Amounts payable | 17/49 | €41,336 | €40,340 | -€996 | -2.4% |
| Amounts payable within one year | 42/48 | €38,919 | €40,340 | +€1,421 | +3.7% |
| Trade debts | 44 | €19,597 | €24,797 | +€5,200 | +26.5% |
| Suppliers | 440/4 | €19,597 | €24,797 | +€5,200 | +26.5% |
| Taxes, remuneration and social security | 45 | €19,322 | €15,544 | -€3,778 | -19.6% |
| Taxes | 450/3 | €19,182 | €9,875 | -€9,307 | -48.5% |
| Remuneration and social security | 454/9 | €140 | €5,669 | +€5,529 | +3,957% |
| Accrued charges and deferred income | 492/3 | €2,418 | €0 | -€2,418 | -100% |
| Non-recurring operating income | 76A | €3,676 | €0 | -€3,676 | -100% |
| Remuneration, social security and pensions | 62 | €19,607 | €17,791 | -€1,815 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,741 | €17,114 | +€2,374 | +16.1% |
| Other operating charges | 640/8 | €2,541 | €2,579 | +€38 | +1.5% |
| Gross operating margin | 9900 | €64,220 | €20,414 | -€43,807 | -68.2% |
| Operating profit (loss) | 9901 | €27,332 | -€17,071 | -€44,403 | |
| Financial income | 75/76B | €3 | €15 | +€12 | +345% |
| Recurring financial income | 75 | €3 | €15 | +€12 | +345% |
| Financial charges | 65/66B | €1,525 | €1,385 | -€140 | -9.2% |
| Recurring financial charges | 65 | €1,525 | €1,385 | -€140 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €25,811 | -€18,440 | -€44,250 | |
| Income taxes | 67/77 | €880 | €0 | -€880 | -100% |
| Profit (loss) for the period | 9904 | €24,931 | -€18,440 | -€43,371 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,931 | -€18,440 | -€43,371 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.