BKB: 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.
BKB
Largest movements
- Current investments -€200,000
no longer reported in 2025 (was €200,000)
- Cash +€199,891
up €199,891 (+186%), from €107,634 to €307,526
mainly Current investments (+€200,000) and Stocks and contracts (+€66,779)
- Stocks and contracts -€66,779
no longer reported in 2025 (was €66,779)
- Tangible fixed assets -€55,217
down €55,217 (-4.6%), from €1.2m to €1.2m
of which Land and buildings: -€52,613
- Profit (loss) carried forward -€109,603
down €109,603 (-261%), from -€42,035 to -€151,638
- Gross operating margin -€162,100
down €162,100, from €114,324 to -€47,776
- Other operating charges +€2,458
up €2,458 (+48.1%), from €5,107 to €7,565
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 | €1,596,265 | €1,475,753 | -€120,512 | -7.5% |
| Fixed assets | 21/28 | €1,212,395 | €1,157,178 | -€55,217 | -4.6% |
| Tangible fixed assets | 22/27 | €1,212,395 | €1,157,178 | -€55,217 | -4.6% |
| Land and buildings | 22 | €1,206,041 | €1,153,428 | -€52,613 | -4.4% |
| Furniture and vehicles | 24 | €6,354 | €3,750 | -€2,604 | -41.0% |
| Current assets | 29/58 | €383,870 | €318,575 | -€65,296 | -17.0% |
| Stocks and contracts in progress | 3 | €66,779 | - | -€66,779 | |
| Stocks | 30/36 | €66,779 | - | -€66,779 | |
| Amounts receivable within one year | 40/41 | €6,230 | €6,672 | +€442 | +7.1% |
| Trade receivables | 40 | €41 | - | -€41 | |
| Other amounts receivable | 41 | €6,189 | €6,672 | +€483 | +7.8% |
| Current investments | 50/53 | €200,000 | - | -€200,000 | |
| Cash at bank and in hand | 54/58 | €107,634 | €307,526 | +€199,891 | +186% |
| Deferred charges and accrued income | 490/1 | €3,227 | €4,377 | +€1,150 | +35.6% |
| Total equity and liabilities | 10/49 | €1,596,265 | €1,475,753 | -€120,512 | -7.5% |
| Equity | 10/15 | €1,576,841 | €1,467,238 | -€109,603 | -7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,600,276 | €1,600,276 | = | 0.0% |
| Distributable reserves | 133 | €1,600,276 | €1,600,276 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,035 | -€151,638 | -€109,603 | -261% |
| Amounts payable | 17/49 | €19,424 | €8,515 | -€10,909 | -56.2% |
| Amounts payable after more than one year | 17 | €6,755 | €6,755 | = | 0.0% |
| Other amounts payable | 178/9 | €6,755 | €6,755 | = | 0.0% |
| Amounts payable within one year | 42/48 | €12,596 | €416 | -€12,180 | -96.7% |
| Trade debts | 44 | €9,863 | €416 | -€9,447 | -95.8% |
| Suppliers | 440/4 | €9,863 | €416 | -€9,447 | -95.8% |
| Taxes, remuneration and social security | 45 | €2,733 | - | -€2,733 | |
| Taxes | 450/3 | €662 | - | -€662 | |
| Remuneration and social security | 454/9 | €2,071 | - | -€2,071 | |
| Accrued charges and deferred income | 492/3 | €73 | €1,344 | +€1,271 | +1,745% |
| Non-recurring operating income | 76A | €170,323 | - | -€170,323 | |
| Remuneration, social security and pensions | 62 | €168 | - | -€168 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,006 | €55,217 | -€789 | -1.4% |
| Other operating charges | 640/8 | €5,107 | €7,565 | +€2,458 | +48.1% |
| Gross operating margin | 9900 | €114,324 | -€47,776 | -€162,100 | |
| Operating profit (loss) | 9901 | €53,043 | -€110,557 | -€163,600 | |
| Financial income | 75/76B | €2,916 | €2,246 | -€669 | -23.0% |
| Recurring financial income | 75 | €2,916 | €2,246 | -€669 | -23.0% |
| Financial charges | 65/66B | €1,446 | €631 | -€815 | -56.3% |
| Recurring financial charges | 65 | €1,446 | €631 | -€815 | -56.3% |
| Profit (loss) for the period before taxes | 9903 | €54,513 | -€108,942 | -€163,455 | |
| Income taxes | 67/77 | €558 | €661 | +€103 | +18.4% |
| Profit (loss) for the period | 9904 | €53,955 | -€109,603 | -€163,558 | |
| Profit (loss) for the period to be appropriated | 9905 | €53,955 | -€109,603 | -€163,558 |
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 15 October 2026 via checked.be.