BFS Equipements: 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.
BFS Equipements
Largest movements
- Stocks and contracts +€237,652
up €237,652 (+317.5%), from €74,843 to €312,494
- Receivables within one year +€144,258
up €144,258 (+106.7%), from €135,199 to €279,457
of which Trade receivables: +€156,779
- Cash +€126,554
up €126,554 (+1717.6%), from €7,368 to €133,922
mainly Trade debts (+€394,183) and Net result for the year (+€77,812)
- Tangible fixed assets +€28,832
up €28,832 (+188.6%), from €15,291 to €44,122
of which Furniture and vehicles: +€29,975
- Trade debts +€394,183
up €394,183 (+574.2%), from €68,645 to €462,828
- Profit (loss) carried forward +€77,812
up €77,812 (+274.6%), from €28,334 to €106,146
- Debts after one year +€50,285
new in 2025: €50,285
- Tax, wage and social debts +€14,911
up €14,911 (+135.0%), from €11,043 to €25,954
of which Taxes: +€14,529
- Gross operating margin +€69,122
up €69,122 (+62.2%), from €111,082 to €180,204
- Taxes +€21,136
up €21,136 (+233.7%), from €9,043 to €30,179
- Staff costs -€10,072
down €10,072 (-16.4%), from €61,311 to €51,239
- Depreciation +€8,104
up €8,104 (+152.1%), from €5,327 to €13,431
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 | €233,919 | €771,628 | +€537,709 | +229.9% |
| Fixed assets | 21/28 | €15,674 | €44,506 | +€28,832 | +183.9% |
| Tangible fixed assets | 22/27 | €15,291 | €44,122 | +€28,832 | +188.6% |
| Plant, machinery and equipment | 23 | €5,018 | €3,874 | -€1,144 | -22.8% |
| Furniture and vehicles | 24 | €10,273 | €40,248 | +€29,975 | +291.8% |
| Financial fixed assets | 28 | €384 | €384 | = | 0.0% |
| Current assets | 29/58 | €218,244 | €727,122 | +€508,877 | +233.2% |
| Stocks and contracts in progress | 3 | €74,843 | €312,494 | +€237,652 | +317.5% |
| Stocks | 30/36 | €74,843 | €312,494 | +€237,652 | +317.5% |
| Amounts receivable within one year | 40/41 | €135,199 | €279,457 | +€144,258 | +106.7% |
| Trade receivables | 40 | €94,242 | €251,021 | +€156,779 | +166.4% |
| Other amounts receivable | 41 | €40,957 | €28,435 | -€12,522 | -30.6% |
| Cash at bank and in hand | 54/58 | €7,368 | €133,922 | +€126,554 | +1717.6% |
| Deferred charges and accrued income | 490/1 | €835 | €1,248 | +€413 | +49.5% |
| Total equity and liabilities | 10/49 | €233,919 | €771,628 | +€537,709 | +229.9% |
| Equity | 10/15 | €140,334 | €218,146 | +€77,812 | +55.4% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,334 | €106,146 | +€77,812 | +274.6% |
| Amounts payable | 17/49 | €93,585 | €553,482 | +€459,897 | +491.4% |
| Amounts payable after more than one year | 17 | - | €50,285 | +€50,285 | |
| Other amounts payable | 178/9 | - | €50,285 | +€50,285 | |
| Amounts payable within one year | 42/48 | €92,720 | €503,197 | +€410,476 | +442.7% |
| Financial debts | 43 | €12,532 | €12,460 | -€72 | -0.6% |
| Credit institutions | 430/8 | €12,532 | €12,460 | -€72 | -0.6% |
| Trade debts | 44 | €68,645 | €462,828 | +€394,183 | +574.2% |
| Suppliers | 440/4 | €68,645 | €462,828 | +€394,183 | +574.2% |
| Taxes, remuneration and social security | 45 | €11,043 | €25,954 | +€14,911 | +135.0% |
| Taxes | 450/3 | €4,195 | €18,724 | +€14,529 | +346.4% |
| Remuneration and social security | 454/9 | €6,849 | €7,230 | +€382 | +5.6% |
| Other amounts payable | 47/48 | €500 | €1,955 | +€1,455 | +291.0% |
| Accrued charges and deferred income | 492/3 | €865 | - | -€865 | |
| Remuneration, social security and pensions | 62 | €61,311 | €51,239 | -€10,072 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,327 | €13,431 | +€8,104 | +152.1% |
| Other operating charges | 640/8 | €327 | €698 | +€371 | +113.3% |
| Non-recurring operating charges | 66A | - | €5,485 | +€5,485 | |
| Gross operating margin | 9900 | €111,082 | €180,204 | +€69,122 | +62.2% |
| Operating profit (loss) | 9901 | €44,117 | €109,351 | +€65,234 | +147.9% |
| Financial income | 75/76B | €32 | €105 | +€72 | +223.8% |
| Recurring financial income | 75 | €32 | €105 | +€72 | +223.8% |
| Financial charges | 65/66B | €389 | €1,465 | +€1,075 | +276.1% |
| Recurring financial charges | 65 | €389 | €1,465 | +€1,075 | +276.1% |
| Profit (loss) for the period before taxes | 9903 | €43,760 | €107,991 | +€64,231 | +146.8% |
| Income taxes | 67/77 | €9,043 | €30,179 | +€21,136 | +233.7% |
| Profit (loss) for the period | 9904 | €34,717 | €77,812 | +€43,095 | +124.1% |
| Profit (loss) for the period to be appropriated | 9905 | €34,717 | €77,812 | +€43,095 | +124.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.