BF GROUP & CO: 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.
BF GROUP & CO
Largest movements
- Receivables within one year -€178,448
down €178,448 (-90.8%), from €196,575 to €18,126
of which Trade receivables: -€196,346
- Cash -€34,463
down €34,463 (-42.0%), from €81,968 to €47,505
mainly Trade debts (-€221,107) and Other debts (-€6,385)
- Trade debts -€221,107
down €221,107 (-94.4%), from €234,214 to €13,107
- Profit (loss) carried forward +€11,740
up €11,740 (+22.1%), from €53,057 to €64,797
- Other debts -€6,385
down €6,385 (-55.0%), from €11,603 to €5,218
- Gross operating margin +€33,190
up €33,190 (+80.3%), from €41,317 to €74,507
- Staff costs +€32,739
up €32,739 (+24,251%), from €135 to €32,874
- Other operating charges +€6,863
up €6,863 (+268%), from €2,565 to €9,428
- Depreciation -€979
down €979 (-27.6%), from €3,551 to €2,572
- Taxes +€886
up €886 (+19.1%), from €4,630 to €5,517
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 | €338,744 | €123,902 | -€214,842 | -63.4% |
| Fixed assets | 21/28 | €4,491 | €4,169 | -€322 | -7.2% |
| Tangible fixed assets | 22/27 | €4,491 | €4,169 | -€322 | -7.2% |
| Plant, machinery and equipment | 23 | €589 | €2,212 | +€1,623 | +276% |
| Furniture and vehicles | 24 | €3,903 | €1,957 | -€1,946 | -49.9% |
| Current assets | 29/58 | €334,253 | €119,733 | -€214,520 | -64.2% |
| Stocks and contracts in progress | 3 | €55,710 | €54,101 | -€1,609 | -2.9% |
| Stocks | 30/36 | €55,710 | €54,101 | -€1,609 | -2.9% |
| Amounts receivable within one year | 40/41 | €196,575 | €18,126 | -€178,448 | -90.8% |
| Trade receivables | 40 | €196,346 | - | -€196,346 | |
| Other amounts receivable | 41 | €229 | €18,126 | +€17,898 | +7,830% |
| Cash at bank and in hand | 54/58 | €81,968 | €47,505 | -€34,463 | -42.0% |
| Total equity and liabilities | 10/49 | €338,744 | €123,902 | -€214,842 | -63.4% |
| Equity | 10/15 | €68,057 | €79,797 | +€11,740 | +17.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,057 | €64,797 | +€11,740 | +22.1% |
| Amounts payable | 17/49 | €270,687 | €44,104 | -€226,583 | -83.7% |
| Amounts payable within one year | 42/48 | €270,687 | €44,104 | -€226,583 | -83.7% |
| Trade debts | 44 | €234,214 | €13,107 | -€221,107 | -94.4% |
| Suppliers | 440/4 | €234,214 | €13,107 | -€221,107 | -94.4% |
| Taxes, remuneration and social security | 45 | €24,871 | €25,780 | +€909 | +3.7% |
| Taxes | 450/3 | €8,371 | €23,149 | +€14,778 | +177% |
| Remuneration and social security | 454/9 | €16,500 | €2,631 | -€13,869 | -84.1% |
| Other amounts payable | 47/48 | €11,603 | €5,218 | -€6,385 | -55.0% |
| Remuneration, social security and pensions | 62 | €135 | €32,874 | +€32,739 | +24,251% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,551 | €2,572 | -€979 | -27.6% |
| Other operating charges | 640/8 | €2,565 | €9,428 | +€6,863 | +268% |
| Gross operating margin | 9900 | €41,317 | €74,507 | +€33,190 | +80.3% |
| Operating profit (loss) | 9901 | €35,066 | €29,633 | -€5,433 | -15.5% |
| Financial income | 75/76B | €6 | €0 | -€6 | -97.3% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -97.3% |
| Financial charges | 65/66B | €12,487 | €12,376 | -€111 | -0.9% |
| Recurring financial charges | 65 | €12,487 | €12,376 | -€111 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €22,585 | €17,257 | -€5,328 | -23.6% |
| Income taxes | 67/77 | €4,630 | €5,517 | +€886 | +19.1% |
| Profit (loss) for the period | 9904 | €17,955 | €11,740 | -€6,214 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,955 | €11,740 | -€6,214 | -34.6% |
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 16 October 2026 via checked.be.