BF TEAM: 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 TEAM
Largest movements
- Receivables within one year +€11,095
up €11,095 (+87.7%), from €12,645 to €23,739
of which Trade receivables: +€10,969
- Tangible fixed assets -€1,337
down €1,337 (-66.4%), from €2,014 to €677
of which Furniture and vehicles: -€1,167
- Cash +€644
up €644 (+90.7%), from €711 to €1,355
mainly Trade debts (+€8,036) and Net result for the year (+€3,005)
- Trade debts +€8,036
up €8,036 (+231.8%), from €3,467 to €11,503
- Profit (loss) carried forward +€3,005
up €3,005 (+56.1%), from -€5,360 to -€2,355
- Tax, wage and social debts -€500
down €500 (-9.6%), from €5,217 to €4,717
of which Remuneration and social security: -€900
- Gross operating margin +€6,529
up €6,529, from -€997 to €5,532
- Taxes +€522
up €522 (+8291.4%), from €6 to €529
- Depreciation +€151
up €151 (+12.7%), from €1,186 to €1,337
- Other operating charges -€117
down €117 (-19.5%), from €597 to €481
- Financial charges +€68
up €68 (+60.6%), from €112 to €180
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 | €15,733 | €26,135 | +€10,402 | +66.1% |
| Fixed assets | 21/28 | €2,377 | €1,040 | -€1,337 | -56.3% |
| Tangible fixed assets | 22/27 | €2,014 | €677 | -€1,337 | -66.4% |
| Plant, machinery and equipment | 23 | €493 | €322 | -€171 | -34.7% |
| Furniture and vehicles | 24 | €1,521 | €355 | -€1,167 | -76.7% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €13,355 | €25,095 | +€11,739 | +87.9% |
| Amounts receivable within one year | 40/41 | €12,645 | €23,739 | +€11,095 | +87.7% |
| Trade receivables | 40 | €11,728 | €22,696 | +€10,969 | +93.5% |
| Other amounts receivable | 41 | €917 | €1,043 | +€126 | +13.7% |
| Cash at bank and in hand | 54/58 | €711 | €1,355 | +€644 | +90.7% |
| Total equity and liabilities | 10/49 | €15,733 | €26,135 | +€10,402 | +66.1% |
| Equity | 10/15 | €4,640 | €7,645 | +€3,005 | +64.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,360 | -€2,355 | +€3,005 | +56.1% |
| Amounts payable | 17/49 | €11,092 | €18,490 | +€7,397 | +66.7% |
| Amounts payable within one year | 42/48 | €11,092 | €18,490 | +€7,397 | +66.7% |
| Trade debts | 44 | €3,467 | €11,503 | +€8,036 | +231.8% |
| Suppliers | 440/4 | €3,467 | €11,503 | +€8,036 | +231.8% |
| Taxes, remuneration and social security | 45 | €5,217 | €4,717 | -€500 | -9.6% |
| Taxes | 450/3 | €517 | €917 | +€400 | +77.4% |
| Remuneration and social security | 454/9 | €4,700 | €3,800 | -€900 | -19.1% |
| Other amounts payable | 47/48 | €2,408 | €2,270 | -€139 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,186 | €1,337 | +€151 | +12.7% |
| Other operating charges | 640/8 | €597 | €481 | -€117 | -19.5% |
| Gross operating margin | 9900 | -€997 | €5,532 | +€6,529 | |
| Operating profit (loss) | 9901 | -€2,781 | €3,714 | +€6,494 | |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €112 | €180 | +€68 | +60.6% |
| Recurring financial charges | 65 | €112 | €180 | +€68 | +60.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,883 | €3,533 | +€6,416 | |
| Income taxes | 67/77 | €6 | €529 | +€522 | +8291.4% |
| Profit (loss) for the period | 9904 | -€2,889 | €3,005 | +€5,894 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,889 | €3,005 | +€5,894 |
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 9 October 2026 via checked.be.