BIANCO NET: 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.
BIANCO NET
Largest movements
- Receivables within one year -€44,305
down €44,305 (-91.6%), from €48,393 to €4,088
- Deferred charges and accrued income +€1,469
up €1,469 (+79.7%), from €1,844 to €3,312
- Cash -€1,420
down €1,420 (-72.5%), from €1,960 to €540
mainly Trade debts (-€51,729) and Investment in fixed assets (net) (-€9,528)
- Financial fixed assets +€990
up €990 (+22.0%), from €4,500 to €5,490
- Trade debts -€51,729
down €51,729 (-91.8%), from €56,336 to €4,606
- Other debts +€17,017
up €17,017 (+51.2%), from €33,259 to €50,276
- Short-term financial debts +€9,701
up €9,701 (+3,240%), from €299 to €10,000
- Debts after one year -€7,598
down €7,598 (-37.1%), from €20,464 to €12,866
- Profit (loss) carried forward -€6,891
down €6,891 (-16.1%), from -€42,919 to -€49,810
- Gross operating margin +€23,389
up €23,389, from -€13,364 to €10,024
- Staff costs -€20,912
down €20,912 (-89.3%), from €23,425 to €2,513
- Depreciation +€4,407
up €4,407 (+133%), from €3,313 to €7,720
- Financial charges +€3,261
up €3,261 (+138%), from €2,367 to €5,627
- Other operating charges +€604
up €604 (+134%), from €452 to €1,055
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,835 | €45,387 | -€42,448 | -48.3% |
| Fixed assets | 21/28 | €35,639 | €37,447 | +€1,808 | +5.1% |
| Tangible fixed assets | 22/27 | €31,139 | €31,957 | +€818 | +2.6% |
| Land and buildings | 22 | €2,052 | €1,607 | -€446 | -21.7% |
| Plant, machinery and equipment | 23 | €19,521 | €22,899 | +€3,378 | +17.3% |
| Furniture and vehicles | 24 | €9,565 | €7,452 | -€2,114 | -22.1% |
| Financial fixed assets | 28 | €4,500 | €5,490 | +€990 | +22.0% |
| Current assets | 29/58 | €52,196 | €7,940 | -€44,256 | -84.8% |
| Amounts receivable within one year | 40/41 | €48,393 | €4,088 | -€44,305 | -91.6% |
| Trade receivables | 40 | €48,393 | €4,088 | -€44,305 | -91.6% |
| Cash at bank and in hand | 54/58 | €1,960 | €540 | -€1,420 | -72.5% |
| Deferred charges and accrued income | 490/1 | €1,844 | €3,312 | +€1,469 | +79.7% |
| Total equity and liabilities | 10/49 | €87,835 | €45,387 | -€42,448 | -48.3% |
| Equity | 10/15 | -€38,919 | -€45,810 | -€6,891 | -17.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,919 | -€49,810 | -€6,891 | -16.1% |
| Amounts payable | 17/49 | €126,754 | €91,197 | -€35,557 | -28.1% |
| Amounts payable after more than one year | 17 | €20,464 | €12,866 | -€7,598 | -37.1% |
| Financial debts | 170/4 | €20,464 | €12,866 | -€7,598 | -37.1% |
| Amounts payable within one year | 42/48 | €106,291 | €78,331 | -€27,959 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €7,350 | €7,598 | +€248 | +3.4% |
| Financial debts | 43 | €299 | €10,000 | +€9,701 | +3,240% |
| Credit institutions | 430/8 | €299 | €10,000 | +€9,701 | +3,240% |
| Trade debts | 44 | €56,336 | €4,606 | -€51,729 | -91.8% |
| Suppliers | 440/4 | €56,336 | €4,606 | -€51,729 | -91.8% |
| Advances received on contracts in progress | 46 | - | €2,402 | +€2,402 | |
| Taxes, remuneration and social security | 45 | €9,047 | €3,450 | -€5,597 | -61.9% |
| Taxes | 450/3 | €3,433 | €3,325 | -€108 | -3.1% |
| Remuneration and social security | 454/9 | €5,615 | €126 | -€5,489 | -97.8% |
| Other amounts payable | 47/48 | €33,259 | €50,276 | +€17,017 | +51.2% |
| Remuneration, social security and pensions | 62 | €23,425 | €2,513 | -€20,912 | -89.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,313 | €7,720 | +€4,407 | +133% |
| Other operating charges | 640/8 | €452 | €1,055 | +€604 | +134% |
| Gross operating margin | 9900 | -€13,364 | €10,024 | +€23,389 | |
| Operating profit (loss) | 9901 | -€40,553 | -€1,263 | +€39,290 | +96.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,367 | €5,627 | +€3,261 | +138% |
| Recurring financial charges | 65 | €2,367 | €5,627 | +€3,261 | +138% |
| Profit (loss) for the period before taxes | 9903 | -€42,919 | -€6,891 | +€36,028 | +83.9% |
| Profit (loss) for the period | 9904 | -€42,919 | -€6,891 | +€36,028 | +83.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,919 | -€6,891 | +€36,028 | +83.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.