BFinance: 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.
BFinance
Largest movements
- Cash +€120,540
up €120,540 (+51.5%), from €233,898 to €354,438
mainly Other debts (+€89,150) and Net result for the year (+€82,946)
- Receivables within one year -€32,729
down €32,729 (-11.8%), from €276,775 to €244,046
of which Trade receivables: -€41,899
- Tangible fixed assets -€22,026
down €22,026 (-3.5%), from €637,051 to €615,024
of which Furniture and vehicles: -€17,104
- Other debts +€89,150
up €89,150 (+39.7%), from €224,446 to €313,596
- Debts after one year -€17,377
down €17,377 (-8.3%), from €210,585 to €193,208
- Gross operating margin -€76,990
down €76,990 (-30.8%), from €250,258 to €173,268
- Taxes -€25,444
down €25,444 (-40.8%), from €62,406 to €36,962
- Other operating charges -€17,180
down €17,180 (-80.2%), from €21,420 to €4,241
- Financial income +€4,250
up €4,250 (+6,071,329%), from €0 to €4,250
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 | €1,633,307 | €1,697,897 | +€64,591 | +4.0% |
| Fixed assets | 21/28 | €668,442 | €646,415 | -€22,026 | -3.3% |
| Tangible fixed assets | 22/27 | €637,051 | €615,024 | -€22,026 | -3.5% |
| Land and buildings | 22 | €542,248 | €536,601 | -€5,647 | -1.0% |
| Plant, machinery and equipment | 23 | €3,164 | €3,888 | +€724 | +22.9% |
| Furniture and vehicles | 24 | €91,639 | €74,535 | -€17,104 | -18.7% |
| Financial fixed assets | 28 | €31,391 | €31,391 | = | 0.0% |
| Current assets | 29/58 | €964,865 | €1,051,482 | +€86,617 | +9.0% |
| Amounts receivable within one year | 40/41 | €276,775 | €244,046 | -€32,729 | -11.8% |
| Trade receivables | 40 | €137,033 | €95,133 | -€41,899 | -30.6% |
| Other amounts receivable | 41 | €139,743 | €148,913 | +€9,170 | +6.6% |
| Current investments | 50/53 | €449,000 | €449,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €233,898 | €354,438 | +€120,540 | +51.5% |
| Deferred charges and accrued income | 490/1 | €5,192 | €3,999 | -€1,194 | -23.0% |
| Total equity and liabilities | 10/49 | €1,633,307 | €1,697,897 | +€64,591 | +4.0% |
| Equity | 10/15 | €1,082,274 | €1,078,220 | -€4,054 | -0.4% |
| Contributions | 10/11 | €1,363 | €1,363 | = | 0.0% |
| Reserves | 13 | €533,240 | €529,187 | -€4,054 | -0.8% |
| Tax-exempt reserves | 132 | €12,100 | €12,100 | = | 0.0% |
| Distributable reserves | 133 | €521,140 | €517,087 | -€4,054 | -0.8% |
| Profit (loss) carried forward | 14 | €547,670 | €547,670 | = | 0.0% |
| Amounts payable | 17/49 | €551,033 | €619,677 | +€68,644 | +12.5% |
| Amounts payable after more than one year | 17 | €210,585 | €193,208 | -€17,377 | -8.3% |
| Financial debts | 170/4 | €210,585 | €193,208 | -€17,377 | -8.3% |
| Amounts payable within one year | 42/48 | €340,448 | €426,469 | +€86,021 | +25.3% |
| Current portion of amounts payable after more than one year | 42 | €16,675 | €17,377 | +€701 | +4.2% |
| Trade debts | 44 | €7,030 | €17,565 | +€10,534 | +150% |
| Suppliers | 440/4 | €7,030 | €17,565 | +€10,534 | +150% |
| Taxes, remuneration and social security | 45 | €92,296 | €77,931 | -€14,365 | -15.6% |
| Taxes | 450/3 | €92,296 | €77,931 | -€14,365 | -15.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €224,446 | €313,596 | +€89,150 | +39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,178 | €44,123 | +€945 | +2.2% |
| Other operating charges | 640/8 | €21,420 | €4,241 | -€17,180 | -80.2% |
| Gross operating margin | 9900 | €250,258 | €173,268 | -€76,990 | -30.8% |
| Operating profit (loss) | 9901 | €185,660 | €124,904 | -€60,755 | -32.7% |
| Financial income | 75/76B | €0 | €4,250 | +€4,250 | +6,071,329% |
| Recurring financial income | 75 | €0 | €4,250 | +€4,250 | +6,071,329% |
| Financial charges | 65/66B | €8,746 | €9,246 | +€500 | +5.7% |
| Recurring financial charges | 65 | €8,746 | €9,246 | +€500 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €176,914 | €119,909 | -€57,005 | -32.2% |
| Income taxes | 67/77 | €62,406 | €36,962 | -€25,444 | -40.8% |
| Profit (loss) for the period | 9904 | €114,508 | €82,946 | -€31,562 | -27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €114,508 | €82,946 | -€31,562 | -27.6% |
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 24 October 2026 via checked.be.