BIG BELGIUM: 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.
BIG BELGIUM
Largest movements
- Cash -€13,191
down €13,191 (-48.6%), from €27,137 to €13,946
mainly Tax, wage and social debts (-€10,781) and Net result for the year (-€10,454)
- Receivables within one year -€5,493
down €5,493 (-73.9%), from €7,431 to €1,939
of which Trade receivables: -€2,755
- Tangible fixed assets -€2,695
down €2,695 (-46.5%), from €5,800 to €3,106
- Tax, wage and social debts -€10,781
down €10,781 (-83.6%), from €12,899 to €2,118
- Profit (loss) carried forward -€10,454
down €10,454 (-18.9%), from -€55,371 to -€65,825
- Trade debts -€5,408
down €5,408 (-69.6%), from €7,774 to €2,365
- Other debts +€5,265
new in 2025: €5,265
- Gross operating margin -€20,898
down €20,898, from €18,715 to -€2,183
- Other operating charges +€3,916
up €3,916 (+430%), from €910 to €4,826
- Taxes -€1,380
down €1,380 (-90.7%), from €1,521 to €141
- Financial charges +€242
up €242 (+66.0%), from €367 to €609
- Depreciation +€191
up €191 (+7.6%), from €2,503 to €2,695
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 | €40,368 | €18,990 | -€21,379 | -53.0% |
| Fixed assets | 21/28 | €5,800 | €3,106 | -€2,695 | -46.5% |
| Tangible fixed assets | 22/27 | €5,800 | €3,106 | -€2,695 | -46.5% |
| Furniture and vehicles | 24 | €5,800 | €3,106 | -€2,695 | -46.5% |
| Current assets | 29/58 | €34,568 | €15,884 | -€18,684 | -54.0% |
| Amounts receivable within one year | 40/41 | €7,431 | €1,939 | -€5,493 | -73.9% |
| Trade receivables | 40 | €4,694 | €1,939 | -€2,755 | -58.7% |
| Other amounts receivable | 41 | €2,738 | - | -€2,738 | |
| Cash at bank and in hand | 54/58 | €27,137 | €13,946 | -€13,191 | -48.6% |
| Total equity and liabilities | 10/49 | €40,368 | €18,990 | -€21,379 | -53.0% |
| Equity | 10/15 | €19,696 | €9,242 | -€10,454 | -53.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €70,067 | €70,067 | = | 0.0% |
| Distributable reserves | 133 | €70,067 | €70,067 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,371 | -€65,825 | -€10,454 | -18.9% |
| Amounts payable | 17/49 | €20,672 | €9,748 | -€10,925 | -52.8% |
| Amounts payable within one year | 42/48 | €20,672 | €9,748 | -€10,925 | -52.8% |
| Trade debts | 44 | €7,774 | €2,365 | -€5,408 | -69.6% |
| Suppliers | 440/4 | €7,774 | €2,365 | -€5,408 | -69.6% |
| Taxes, remuneration and social security | 45 | €12,899 | €2,118 | -€10,781 | -83.6% |
| Taxes | 450/3 | €12,899 | €2,118 | -€10,781 | -83.6% |
| Other amounts payable | 47/48 | - | €5,265 | +€5,265 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,503 | €2,695 | +€191 | +7.6% |
| Other operating charges | 640/8 | €910 | €4,826 | +€3,916 | +430% |
| Gross operating margin | 9900 | €18,715 | -€2,183 | -€20,898 | |
| Operating profit (loss) | 9901 | €15,302 | -€9,703 | -€25,005 | |
| Financial charges | 65/66B | €367 | €609 | +€242 | +66.0% |
| Recurring financial charges | 65 | €367 | €609 | +€242 | +66.0% |
| Profit (loss) for the period before taxes | 9903 | €14,934 | -€10,313 | -€25,247 | |
| Income taxes | 67/77 | €1,521 | €141 | -€1,380 | -90.7% |
| Profit (loss) for the period | 9904 | €13,414 | -€10,454 | -€23,867 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,414 | -€10,454 | -€23,867 |
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 23 October 2026 via checked.be.