BLACK BEE: 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.
BLACK BEE
Largest movements
- Cash -€40,802
down €40,802 (-54.0%), from €75,604 to €34,802
mainly Net result for the year (-€38,701) and Tax, wage and social debts (-€17,739)
- Receivables within one year -€12,661
down €12,661 (-95.4%), from €13,275 to €614
of which Trade receivables: -€12,723
- Tangible fixed assets -€2,314
down €2,314 (-44.3%), from €5,228 to €2,914
- Profit (loss) carried forward -€38,701
down €38,701 (-54.5%), from €71,028 to €32,326
- Tax, wage and social debts -€17,739
down €17,739 (-98.4%), from €18,022 to €283
- Gross operating margin -€114,068
down €114,068, from €77,753 to -€36,315
- Taxes -€20,637
no longer reported in 2025 (was €20,637)
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 | €94,789 | €39,048 | -€55,742 | -58.8% |
| Fixed assets | 21/28 | €5,228 | €2,914 | -€2,314 | -44.3% |
| Tangible fixed assets | 22/27 | €5,228 | €2,914 | -€2,314 | -44.3% |
| Furniture and vehicles | 24 | €5,228 | €2,914 | -€2,314 | -44.3% |
| Current assets | 29/58 | €89,562 | €36,134 | -€53,428 | -59.7% |
| Amounts receivable within one year | 40/41 | €13,275 | €614 | -€12,661 | -95.4% |
| Trade receivables | 40 | €12,723 | - | -€12,723 | |
| Other amounts receivable | 41 | €553 | €614 | +€61 | +11.1% |
| Cash at bank and in hand | 54/58 | €75,604 | €34,802 | -€40,802 | -54.0% |
| Deferred charges and accrued income | 490/1 | €683 | €718 | +€35 | +5.2% |
| Total equity and liabilities | 10/49 | €94,789 | €39,048 | -€55,742 | -58.8% |
| Equity | 10/15 | €74,028 | €35,326 | -€38,701 | -52.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,028 | €32,326 | -€38,701 | -54.5% |
| Amounts payable | 17/49 | €20,762 | €3,721 | -€17,040 | -82.1% |
| Amounts payable within one year | 42/48 | €20,762 | €3,721 | -€17,040 | -82.1% |
| Trade debts | 44 | €320 | €440 | +€120 | +37.5% |
| Suppliers | 440/4 | €320 | €440 | +€120 | +37.5% |
| Taxes, remuneration and social security | 45 | €18,022 | €283 | -€17,739 | -98.4% |
| Taxes | 450/3 | €18,022 | €283 | -€17,739 | -98.4% |
| Other amounts payable | 47/48 | €2,420 | €2,998 | +€578 | +23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,713 | €2,314 | +€601 | +35.1% |
| Gross operating margin | 9900 | €77,753 | -€36,315 | -€114,068 | |
| Operating profit (loss) | 9901 | €76,040 | -€38,628 | -€114,668 | |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €67 | €73 | +€6 | +8.5% |
| Recurring financial charges | 65 | €67 | €73 | +€6 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €75,973 | -€38,701 | -€114,674 | |
| Income taxes | 67/77 | €20,637 | - | -€20,637 | |
| Profit (loss) for the period | 9904 | €55,335 | -€38,701 | -€94,037 | |
| Profit (loss) for the period to be appropriated | 9905 | €55,335 | -€38,701 | -€94,037 |
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 10 October 2026 via checked.be.