BK57: 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.
BK57
Largest movements
- Receivables within one year +€387,865
up €387,865 (+68.9%), from €563,282 to €951,147
of which Trade receivables: +€387,274
- Cash -€363,985
down €363,985 (-94.4%), from €385,658 to €21,672
mainly Receivables within one year (-€387,865) and Debts after one year (-€78,850)
- Tangible fixed assets -€82,473
down €82,473 (-7.8%), from €1.1m to €979,115
of which Land and buildings: -€80,773
- Debts after one year -€78,850
down €78,850 (-8.1%), from €975,081 to €896,231
- Trade debts +€30,855
up €30,855 (+45.4%), from €67,934 to €98,789
- Reserves -€24,586
down €24,586 (-3.9%), from €623,525 to €598,939
of which Tax-exempt reserves: -€31,180
- Gross operating margin -€579,957
down €579,957 (-53.5%), from €1.1m to €503,907
- Staff costs +€57,886
up €57,886 (+16.1%), from €359,430 to €417,316
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 | €2,011,843 | €1,953,305 | -€58,538 | -2.9% |
| Fixed assets | 21/28 | €1,061,588 | €979,226 | -€82,362 | -7.8% |
| Tangible fixed assets | 22/27 | €1,061,588 | €979,115 | -€82,473 | -7.8% |
| Land and buildings | 22 | €1,056,489 | €975,716 | -€80,773 | -7.6% |
| Furniture and vehicles | 24 | €5,099 | €3,400 | -€1,700 | -33.3% |
| Financial fixed assets | 28 | €0 | €111 | +€111 | |
| Current assets | 29/58 | €950,255 | €974,080 | +€23,825 | +2.5% |
| Amounts receivable within one year | 40/41 | €563,282 | €951,147 | +€387,865 | +68.9% |
| Trade receivables | 40 | €459,915 | €847,189 | +€387,274 | +84.2% |
| Other amounts receivable | 41 | €103,367 | €103,958 | +€591 | +0.6% |
| Cash at bank and in hand | 54/58 | €385,658 | €21,672 | -€363,985 | -94.4% |
| Deferred charges and accrued income | 490/1 | €1,315 | €1,261 | -€55 | -4.1% |
| Total equity and liabilities | 10/49 | €2,011,843 | €1,953,305 | -€58,538 | -2.9% |
| Equity | 10/15 | €648,525 | €623,939 | -€24,586 | -3.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €623,525 | €598,939 | -€24,586 | -3.9% |
| Tax-exempt reserves | 132 | €449,514 | €418,334 | -€31,180 | -6.9% |
| Distributable reserves | 133 | €174,011 | €180,605 | +€6,594 | +3.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €149,838 | €139,445 | -€10,393 | -6.9% |
| Deferred taxes | 168 | €149,838 | €139,445 | -€10,393 | -6.9% |
| Amounts payable | 17/49 | €1,213,480 | €1,189,922 | -€23,558 | -1.9% |
| Amounts payable after more than one year | 17 | €975,081 | €896,231 | -€78,850 | -8.1% |
| Financial debts | 170/4 | €975,081 | €896,231 | -€78,850 | -8.1% |
| Amounts payable within one year | 42/48 | €238,399 | €293,690 | +€55,292 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €76,307 | €78,850 | +€2,543 | +3.3% |
| Trade debts | 44 | €67,934 | €98,789 | +€30,855 | +45.4% |
| Suppliers | 440/4 | €67,934 | €98,789 | +€30,855 | +45.4% |
| Taxes, remuneration and social security | 45 | €81,048 | €94,259 | +€13,211 | +16.3% |
| Taxes | 450/3 | €6,992 | €2,990 | -€4,002 | -57.2% |
| Remuneration and social security | 454/9 | €74,055 | €91,268 | +€17,213 | +23.2% |
| Other amounts payable | 47/48 | €13,110 | €21,793 | +€8,683 | +66.2% |
| Non-recurring operating income | 76A | €623,603 | €0 | -€623,603 | -100.0% |
| Remuneration, social security and pensions | 62 | €359,430 | €417,316 | +€57,886 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,757 | €86,806 | +€1,049 | +1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €4,632 | €3,867 | -€765 | -16.5% |
| Non-recurring operating charges | 66A | - | €11,032 | +€11,032 | |
| Gross operating margin | 9900 | €1,083,864 | €503,907 | -€579,957 | -53.5% |
| Operating profit (loss) | 9901 | €634,045 | -€15,114 | -€649,160 | |
| Financial income | 75/76B | €4,315 | €863 | -€3,452 | -80.0% |
| Recurring financial income | 75 | €4,315 | €863 | -€3,452 | -80.0% |
| Financial charges | 65/66B | €27,384 | €17,873 | -€9,511 | -34.7% |
| Recurring financial charges | 65 | €27,384 | €17,873 | -€9,511 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | €610,977 | -€32,123 | -€643,101 | |
| Transfer from deferred taxes | 780 | €6,063 | €10,393 | +€4,331 | +71.4% |
| Transfer to deferred taxes | 680 | €155,901 | €0 | -€155,901 | -100.0% |
| Income taxes | 67/77 | €6,692 | €2,856 | -€3,836 | -57.3% |
| Profit (loss) for the period | 9904 | €454,447 | -€24,586 | -€479,033 | |
| Transfer from tax-exempt reserves | 789 | €18,188 | €31,180 | +€12,992 | +71.4% |
| Transfer to tax-exempt reserves | 689 | €467,702 | €0 | -€467,702 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,933 | €6,594 | +€1,661 | +33.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.