BFF GLASS: 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.
What changed
BFF GLASS
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€59,261
2024 · -€6,529-€52,732
Equity
€927,869
2024 · €987,130-€59,261
Cash
€86,479
2024 · €86,675-€195
Balance sheet total
€3.5m
2024 · €3.6m-€38,730
Largest movements
Assets
- Financial fixed assets -€184,313
down €184,313 (-6.1%), from €3.0m to €2.8m
- Receivables within one year +€145,873
up €145,873 (+33.3%), from €438,290 to €584,163
of which Other amounts receivable: +€352,373
Equity and liabilities
- Debts after one year -€200,004
down €200,004 (-16.4%), from €1.2m to €1.0m
- Other debts +€138,370
up €138,370 (+14.2%), from €973,894 to €1.1m
- Profit (loss) carried forward -€59,261
down €59,261 (-2.1%), from -€2.9m to -€2.9m
- Trade debts +€48,638
up €48,638 (+32.9%), from €147,847 to €196,484
Income statement
- Turnover -€311,000
down €311,000 (-42.8%), from €726,000 to €415,000
- Financial income +€145,204
up €145,204 (+61,734%), from €235 to €145,439
of which Non-recurring financial income: +€145,380
- Services and other goods -€128,700
down €128,700 (-21.7%), from €592,723 to €464,023
- Financial charges +€14,037
up €14,037 (+16.4%), from €85,659 to €99,696
of which Financial charges: +€14,037
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.
Result 2024
-€6,529
Turnover
-€311,000
Other operating income
+€112
Services and other goods
+€128,700
Staff costs
-€1,122
Depreciation
+€423
Other operating charges
-€1,012
Financial income
+€145,204
Financial charges
-€14,037
Result 2025
-€59,261
raises the resultlowers the result
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.
From operations
+€15,495
Investment
+€184,313
Financing
-€200,004
Cash 2024
€86,675
From operations (derived)
+€15,495
Net result for the year
-€59,261
Receivables within one year
-€145,873
Smaller working-capital items
+€320
Trade debts
+€48,638
Other debts
+€138,370
Accrued charges and deferred income
+€33,301
Investment (derived)
+€184,313
Investment in fixed assets (net)
+€184,313
Financing
-€200,004
Debts after one year
-€200,004
Cash 2025
€86,479
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,555,921 | €3,517,190 | -€38,730 | -1.1% |
| Fixed assets | 21/28 | €3,030,721 | €2,846,407 | -€184,313 | -6.1% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €3,030,721 | €2,846,407 | -€184,313 | -6.1% |
| Affiliated companies | 280/1 | €3,030,721 | €2,846,407 | -€184,313 | -6.1% |
| Participating interests | 280 | €3,030,721 | €2,846,407 | -€184,313 | -6.1% |
| Current assets | 29/58 | €525,200 | €670,783 | +€145,583 | +27.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €438,290 | €584,163 | +€145,873 | +33.3% |
| Trade receivables | 40 | €321,500 | €115,000 | -€206,500 | -64.2% |
| Other amounts receivable | 41 | €116,790 | €469,163 | +€352,373 | +302% |
| Cash at bank and in hand | 54/58 | €86,675 | €86,479 | -€195 | -0.2% |
| Deferred charges and accrued income | 490/1 | €235 | €141 | -€94 | -40.1% |
| Total equity and liabilities | 10/49 | €3,555,921 | €3,517,190 | -€38,730 | -1.1% |
| Equity | 10/15 | €987,130 | €927,869 | -€59,261 | -6.0% |
| Contributions | 10/11 | €3,500,000 | €3,500,000 | = | 0.0% |
| Capital | 10 | €3,500,000 | €3,500,000 | = | 0.0% |
| Issued capital | 100 | €3,500,000 | €3,500,000 | = | 0.0% |
| Reserves | 13 | €350,000 | €350,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €350,000 | €350,000 | = | 0.0% |
| Legal reserve | 130 | €350,000 | €350,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,862,870 | -€2,922,131 | -€59,261 | -2.1% |
| Amounts payable | 17/49 | €2,568,790 | €2,589,321 | +€20,531 | +0.8% |
| Amounts payable after more than one year | 17 | €1,216,656 | €1,016,652 | -€200,004 | -16.4% |
| Financial debts | 170/4 | €1,216,656 | €1,016,652 | -€200,004 | -16.4% |
| Subordinated loans | 170 | €750,000 | €750,000 | = | 0.0% |
| Credit institutions | 173 | €466,656 | €266,652 | -€200,004 | -42.9% |
| Amounts payable within one year | 42/48 | €1,333,630 | €1,520,864 | +€187,234 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €200,004 | €200,004 | = | 0.0% |
| Trade debts | 44 | €147,847 | €196,484 | +€48,638 | +32.9% |
| Suppliers | 440/4 | €147,847 | €196,484 | +€48,638 | +32.9% |
| Taxes, remuneration and social security | 45 | €11,885 | €12,111 | +€225 | +1.9% |
| Taxes | 450/3 | €2,804 | €2,816 | +€12 | +0.4% |
| Remuneration and social security | 454/9 | €9,082 | €9,295 | +€214 | +2.4% |
| Other amounts payable | 47/48 | €973,894 | €1,112,264 | +€138,370 | +14.2% |
| Accrued charges and deferred income | 492/3 | €18,504 | €51,805 | +€33,301 | +180% |
| Operating income | 70/76A | €727,382 | €416,494 | -€310,888 | -42.7% |
| Turnover | 70 | €726,000 | €415,000 | -€311,000 | -42.8% |
| Other operating income | 74 | €1,382 | €1,494 | +€112 | +8.1% |
| Operating charges | 60/66A | €648,487 | €521,498 | -€126,989 | -19.6% |
| Services and other goods | 61 | €592,723 | €464,023 | -€128,700 | -21.7% |
| Remuneration, social security and pensions | 62 | €54,162 | €55,284 | +€1,122 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €423 | €0 | -€423 | -100% |
| Other operating charges | 640/8 | €1,179 | €2,191 | +€1,012 | +85.8% |
| Operating profit (loss) | 9901 | €78,894 | -€105,005 | -€183,899 | |
| Financial income | 75/76B | €235 | €145,439 | +€145,204 | +61,734% |
| Recurring financial income | 75 | €235 | €59 | -€176 | -74.8% |
| Income from current assets | 751 | €235 | €59 | -€176 | -74.8% |
| Non-recurring financial income | 76B | - | €145,380 | +€145,380 | |
| Financial charges | 65/66B | €85,659 | €99,696 | +€14,037 | +16.4% |
| Recurring financial charges | 65 | €85,659 | €99,696 | +€14,037 | +16.4% |
| Debt charges | 650 | €83,242 | €97,231 | +€13,989 | +16.8% |
| Other financial charges | 652/9 | €2,416 | €2,465 | +€49 | +2.0% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€6,529 | -€59,261 | -€52,732 | -808% |
| Profit (loss) for the period | 9904 | -€6,529 | -€59,261 | -€52,732 | -808% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,529 | -€59,261 | -€52,732 | -808% |
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 20 October 2026 via checked.be.