BNA MANAGEMENT: 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.
BNA MANAGEMENT
Largest movements
- Tangible fixed assets +€9,656
up €9,656 (+37.6%), from €25,696 to €35,353
of which Furniture and vehicles: +€10,026
- Cash -€5,560
down €5,560 (-38.1%), from €14,585 to €9,025
mainly Net result for the year (-€22,204) and Investment in fixed assets (net) (-€18,994)
- Receivables within one year +€2,580
up €2,580 (+84.6%), from €3,050 to €5,630
of which Trade receivables: +€2,580
- Profit (loss) carried forward -€22,204
down €22,204, from €4,580 to -€17,624
- Tax, wage and social debts +€17,739
up €17,739 (+523%), from €3,390 to €21,129
of which Remuneration and social security: +€17,356
- Other debts +€5,160
up €5,160 (+623%), from €829 to €5,989
- Current portion of long-term debt +€3,840
up €3,840 (+43.3%), from €8,868 to €12,708
- Trade debts +€1,184
up €1,184 (+17.9%), from €6,630 to €7,815
- Gross operating margin -€18,289
down €18,289 (-70.7%), from €25,883 to €7,594
- Financial charges +€11,281
up €11,281 (+646%), from €1,748 to €13,028
of which Non-recurring financial charges: +€10,419
- Depreciation -€5,977
down €5,977 (-39.0%), from €15,314 to €9,338
- Staff costs +€3,994
new in 2025: €3,994
- Other operating charges +€935
up €935 (+47.7%), from €1,960 to €2,895
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 | €43,331 | €50,007 | +€6,676 | +15.4% |
| Fixed assets | 21/28 | €25,696 | €35,353 | +€9,656 | +37.6% |
| Tangible fixed assets | 22/27 | €25,696 | €35,353 | +€9,656 | +37.6% |
| Plant, machinery and equipment | 23 | €1,056 | €686 | -€369 | -35.0% |
| Furniture and vehicles | 24 | €24,641 | €34,666 | +€10,026 | +40.7% |
| Current assets | 29/58 | €17,635 | €14,655 | -€2,980 | -16.9% |
| Amounts receivable within one year | 40/41 | €3,050 | €5,630 | +€2,580 | +84.6% |
| Trade receivables | 40 | - | €2,580 | +€2,580 | |
| Other amounts receivable | 41 | €3,050 | €3,050 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,585 | €9,025 | -€5,560 | -38.1% |
| Total equity and liabilities | 10/49 | €43,331 | €50,007 | +€6,676 | +15.4% |
| Equity | 10/15 | €6,580 | -€15,624 | -€22,204 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,580 | -€17,624 | -€22,204 | |
| Amounts payable | 17/49 | €36,751 | €65,632 | +€28,881 | +78.6% |
| Amounts payable after more than one year | 17 | €17,034 | €17,991 | +€957 | +5.6% |
| Financial debts | 170/4 | €17,034 | €17,991 | +€957 | +5.6% |
| Amounts payable within one year | 42/48 | €19,717 | €47,641 | +€27,923 | +142% |
| Current portion of amounts payable after more than one year | 42 | €8,868 | €12,708 | +€3,840 | +43.3% |
| Trade debts | 44 | €6,630 | €7,815 | +€1,184 | +17.9% |
| Suppliers | 440/4 | €6,630 | €7,815 | +€1,184 | +17.9% |
| Taxes, remuneration and social security | 45 | €3,390 | €21,129 | +€17,739 | +523% |
| Taxes | 450/3 | €66 | €449 | +€383 | +578% |
| Remuneration and social security | 454/9 | €3,324 | €20,679 | +€17,356 | +522% |
| Other amounts payable | 47/48 | €829 | €5,989 | +€5,160 | +623% |
| Remuneration, social security and pensions | 62 | - | €3,994 | +€3,994 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,314 | €9,338 | -€5,977 | -39.0% |
| Other operating charges | 640/8 | €1,960 | €2,895 | +€935 | +47.7% |
| Non-recurring operating charges | 66A | €235 | €544 | +€309 | +131% |
| Gross operating margin | 9900 | €25,883 | €7,594 | -€18,289 | -70.7% |
| Operating profit (loss) | 9901 | €8,374 | -€9,176 | -€17,550 | |
| Financial charges | 65/66B | €1,748 | €13,028 | +€11,281 | +646% |
| Recurring financial charges | 65 | €1,748 | €2,609 | +€862 | +49.3% |
| Non-recurring financial charges | 66B | - | €10,419 | +€10,419 | |
| Profit (loss) for the period before taxes | 9903 | €6,627 | -€22,204 | -€28,831 | |
| Profit (loss) for the period | 9904 | €6,627 | -€22,204 | -€28,831 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,627 | -€22,204 | -€28,831 |
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 24 October 2026 via checked.be.