BN CONCEPT: 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.
BN CONCEPT
Largest movements
- Receivables within one year -€33,259
down €33,259 (-89.6%), from €37,136 to €3,877
of which Other amounts receivable: -€36,360
- Intangible fixed assets -€15,000
down €15,000 (-17.6%), from €85,356 to €70,356
- Debts after one year -€22,647
down €22,647 (-49.3%), from €45,948 to €23,301
- Trade debts -€17,369
down €17,369 (-32.7%), from €53,076 to €35,708
- Profit (loss) carried forward -€6,572
down €6,572 (-17.2%), from -€38,158 to -€44,729
- Tax, wage and social debts +€1,786
up €1,786 (+238.1%), from €750 to €2,536
of which Taxes: +€1,557
- Other debts -€1,308
down €1,308 (-20.3%), from €6,452 to €5,144
- Gross operating margin -€21,624
down €21,624 (-52.4%), from €41,251 to €19,628
- Staff costs +€7,151
new in 2025: €7,151
- Financial charges -€1,235
down €1,235 (-29.4%), from €4,204 to €2,969
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 | €124,158 | €77,043 | -€47,115 | -37.9% |
| Fixed assets | 21/28 | €86,049 | €70,775 | -€15,274 | -17.8% |
| Intangible fixed assets | 21 | €85,356 | €70,356 | -€15,000 | -17.6% |
| Tangible fixed assets | 22/27 | €693 | €339 | -€354 | -51.1% |
| Furniture and vehicles | 24 | €693 | €339 | -€354 | -51.1% |
| Financial fixed assets | 28 | - | €80 | +€80 | |
| Current assets | 29/58 | €38,109 | €6,268 | -€31,841 | -83.6% |
| Amounts receivable within one year | 40/41 | €37,136 | €3,877 | -€33,259 | -89.6% |
| Trade receivables | 40 | €4 | €3,105 | +€3,101 | +70315.9% |
| Other amounts receivable | 41 | €37,131 | €771 | -€36,360 | -97.9% |
| Cash at bank and in hand | 54/58 | - | €593 | +€593 | |
| Deferred charges and accrued income | 490/1 | €973 | €1,798 | +€825 | +84.8% |
| Total equity and liabilities | 10/49 | €124,158 | €77,043 | -€47,115 | -37.9% |
| Equity | 10/15 | -€3,158 | -€9,729 | -€6,572 | -208.1% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,158 | -€44,729 | -€6,572 | -17.2% |
| Amounts payable | 17/49 | €127,316 | €86,773 | -€40,543 | -31.8% |
| Amounts payable after more than one year | 17 | €45,948 | €23,301 | -€22,647 | -49.3% |
| Financial debts | 170/4 | €45,948 | €23,301 | -€22,647 | -49.3% |
| Amounts payable within one year | 42/48 | €81,368 | €63,471 | -€17,896 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | €21,089 | €20,084 | -€1,005 | -4.8% |
| Trade debts | 44 | €53,076 | €35,708 | -€17,369 | -32.7% |
| Suppliers | 440/4 | €53,076 | €35,708 | -€17,369 | -32.7% |
| Taxes, remuneration and social security | 45 | €750 | €2,536 | +€1,786 | +238.1% |
| Taxes | 450/3 | €750 | €2,307 | +€1,557 | +207.6% |
| Remuneration and social security | 454/9 | - | €229 | +€229 | |
| Other amounts payable | 47/48 | €6,452 | €5,144 | -€1,308 | -20.3% |
| Remuneration, social security and pensions | 62 | - | €7,151 | +€7,151 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,308 | €15,952 | -€356 | -2.2% |
| Other operating charges | 640/8 | €179 | €127 | -€52 | -29.0% |
| Gross operating margin | 9900 | €41,251 | €19,628 | -€21,624 | -52.4% |
| Operating profit (loss) | 9901 | €24,764 | -€3,602 | -€28,367 | |
| Financial charges | 65/66B | €4,204 | €2,969 | -€1,235 | -29.4% |
| Recurring financial charges | 65 | €4,204 | €2,969 | -€1,235 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €20,560 | -€6,572 | -€27,132 | |
| Profit (loss) for the period | 9904 | €20,560 | -€6,572 | -€27,132 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,560 | -€6,572 | -€27,132 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.