BFOperating: what changed
Two fiscal 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.
BFOperating
Largest movements
- Tangible fixed assets -€12,993
down €12,993 (-7.9%), from €164,977 to €151,985
- Receivables within one year +€7,758
up €7,758 (+80.1%), from €9,681 to €17,439
- Cash +€5,401
up €5,401 (+87.7%), from €6,159 to €11,560
mainly Depreciation (+€12,993) and Net result for the year (+€7,795)
- Debts after one year -€12,768
down €12,768 (-11.9%), from €107,170 to €94,402
- Profit (loss) carried forward +€7,795
up €7,795, from -€4,732 to €3,063
- Other debts +€4,000
up €4,000 (+8.7%), from €46,000 to €50,000
- Tax, wage and social debts +€2,540
up €2,540 (+143.6%), from €1,770 to €4,310
- Trade debts -€1,814
down €1,814 (-98.5%), from €1,842 to €28
- Taxes +€1,115
new in 2025: €1,115
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 | €180,818 | €180,984 | +€166 | +0.1% |
| Fixed assets | 21/28 | €164,977 | €151,985 | -€12,993 | -7.9% |
| Tangible fixed assets | 22/27 | €164,977 | €151,985 | -€12,993 | -7.9% |
| Land and buildings | 22 | €164,977 | €151,985 | -€12,993 | -7.9% |
| Current assets | 29/58 | €15,840 | €28,999 | +€13,159 | +83.1% |
| Amounts receivable within one year | 40/41 | €9,681 | €17,439 | +€7,758 | +80.1% |
| Trade receivables | 40 | €9,681 | €17,439 | +€7,758 | +80.1% |
| Cash at bank and in hand | 54/58 | €6,159 | €11,560 | +€5,401 | +87.7% |
| Total equity and liabilities | 10/49 | €180,818 | €180,984 | +€166 | +0.1% |
| Equity | 10/15 | €11,468 | €19,263 | +€7,795 | +68.0% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,732 | €3,063 | +€7,795 | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Amounts payable | 17/49 | €169,349 | €161,721 | -€7,628 | -4.5% |
| Amounts payable after more than one year | 17 | €107,170 | €94,402 | -€12,768 | -11.9% |
| Financial debts | 170/4 | €107,170 | €94,402 | -€12,768 | -11.9% |
| Amounts payable within one year | 42/48 | €62,179 | €67,319 | +€5,140 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €12,567 | €12,981 | +€414 | +3.3% |
| Trade debts | 44 | €1,842 | €28 | -€1,814 | -98.5% |
| Suppliers | 440/4 | €1,842 | €28 | -€1,814 | -98.5% |
| Taxes, remuneration and social security | 45 | €1,770 | €4,310 | +€2,540 | +143.6% |
| Taxes | 450/3 | €1,770 | €4,310 | +€2,540 | +143.6% |
| Other amounts payable | 47/48 | €46,000 | €50,000 | +€4,000 | +8.7% |
| Non-recurring operating income | 76A | €7,736 | €0 | -€7,736 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,993 | €12,993 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €3,402 | €3,471 | +€69 | +2.0% |
| Gross operating margin | 9900 | €27,656 | €27,511 | -€145 | -0.5% |
| Operating profit (loss) | 9901 | €11,262 | €11,047 | -€214 | -1.9% |
| Financial charges | 65/66B | €2,125 | €2,138 | +€13 | +0.6% |
| Recurring financial charges | 65 | €2,125 | €2,138 | +€13 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €9,137 | €8,910 | -€228 | -2.5% |
| Income taxes | 67/77 | - | €1,115 | +€1,115 | |
| Profit (loss) for the period | 9904 | €9,137 | €7,795 | -€1,342 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,137 | €7,795 | -€1,342 | -14.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.