BNEEN: 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.
BNEEN
Largest movements
- Cash -€53,321
down €53,321 (-61.1%), from €87,306 to €33,985
mainly Net result for the year (-€45,159) and Receivables within one year (-€26,642)
- Receivables within one year +€26,642
up €26,642 (+98.2%), from €27,144 to €53,786
of which Trade receivables: +€26,640
- Tangible fixed assets -€20,648
down €20,648 (-19.4%), from €106,177 to €85,529
of which Furniture and vehicles: -€13,775
- Deferred charges and accrued income +€3,299
up €3,299 (+161.5%), from €2,043 to €5,342
- Profit (loss) carried forward -€45,159
down €45,159, from €31,588 to -€13,571
- Trade debts +€29,290
up €29,290 (+49.2%), from €59,549 to €88,839
- Debts after one year -€15,677
down €15,677 (-41.3%), from €37,919 to €22,243
- Tax, wage and social debts -€10,505
down €10,505 (-37.1%), from €28,320 to €17,816
of which Remuneration and social security: -€12,745
- Gross operating margin -€40,577
down €40,577 (-15.6%), from €260,042 to €219,465
- Staff costs +€25,794
up €25,794 (+13.2%), from €195,001 to €220,795
- Taxes -€8,062
no longer reported in 2025 (was €8,062)
- Depreciation -€5,124
down €5,124 (-14.7%), from €34,772 to €29,648
- Financial charges +€4,036
up €4,036 (+54.2%), from €7,449 to €11,485
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 | €240,414 | €196,740 | -€43,675 | -18.2% |
| Fixed assets | 21/28 | €120,117 | €99,672 | -€20,446 | -17.0% |
| Intangible fixed assets | 21 | €13,000 | €13,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €106,177 | €85,529 | -€20,648 | -19.4% |
| Plant, machinery and equipment | 23 | €4,153 | €2,156 | -€1,997 | -48.1% |
| Furniture and vehicles | 24 | €63,502 | €49,726 | -€13,775 | -21.7% |
| Other tangible fixed assets | 26 | €38,522 | €33,646 | -€4,876 | -12.7% |
| Financial fixed assets | 28 | €940 | €1,143 | +€202 | +21.5% |
| Current assets | 29/58 | €120,297 | €97,068 | -€23,229 | -19.3% |
| Stocks and contracts in progress | 3 | €3,804 | €3,955 | +€151 | +4.0% |
| Stocks | 30/36 | €3,804 | €3,955 | +€151 | +4.0% |
| Amounts receivable within one year | 40/41 | €27,144 | €53,786 | +€26,642 | +98.2% |
| Trade receivables | 40 | €27,144 | €53,784 | +€26,640 | +98.1% |
| Other amounts receivable | 41 | - | €2 | +€2 | |
| Cash at bank and in hand | 54/58 | €87,306 | €33,985 | -€53,321 | -61.1% |
| Deferred charges and accrued income | 490/1 | €2,043 | €5,342 | +€3,299 | +161.5% |
| Total equity and liabilities | 10/49 | €240,414 | €196,740 | -€43,675 | -18.2% |
| Equity | 10/15 | €74,958 | €29,799 | -€45,159 | -60.2% |
| Contributions | 10/11 | €6,510 | €6,510 | = | 0.0% |
| Reserves | 13 | €36,860 | €36,860 | = | 0.0% |
| Distributable reserves | 133 | €36,860 | €36,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,588 | -€13,571 | -€45,159 | |
| Amounts payable | 17/49 | €165,456 | €166,941 | +€1,485 | +0.9% |
| Amounts payable after more than one year | 17 | €37,919 | €22,243 | -€15,677 | -41.3% |
| Other amounts payable | 178/9 | €37,919 | €22,243 | -€15,677 | -41.3% |
| Amounts payable within one year | 42/48 | €127,537 | €144,698 | +€17,161 | +13.5% |
| Current portion of amounts payable after more than one year | 42 | €15,080 | €15,677 | +€597 | +4.0% |
| Trade debts | 44 | €59,549 | €88,839 | +€29,290 | +49.2% |
| Suppliers | 440/4 | €59,549 | €88,839 | +€29,290 | +49.2% |
| Taxes, remuneration and social security | 45 | €28,320 | €17,816 | -€10,505 | -37.1% |
| Taxes | 450/3 | €15,575 | €17,816 | +€2,240 | +14.4% |
| Remuneration and social security | 454/9 | €12,745 | - | -€12,745 | |
| Other amounts payable | 47/48 | €24,588 | €22,367 | -€2,221 | -9.0% |
| Remuneration, social security and pensions | 62 | €195,001 | €220,795 | +€25,794 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,772 | €29,648 | -€5,124 | -14.7% |
| Other operating charges | 640/8 | €659 | €2,696 | +€2,036 | +308.9% |
| Gross operating margin | 9900 | €260,042 | €219,465 | -€40,577 | -15.6% |
| Operating profit (loss) | 9901 | €29,610 | -€33,674 | -€63,284 | |
| Financial charges | 65/66B | €7,449 | €11,485 | +€4,036 | +54.2% |
| Recurring financial charges | 65 | €7,449 | €11,485 | +€4,036 | +54.2% |
| Profit (loss) for the period before taxes | 9903 | €22,160 | -€45,159 | -€67,320 | |
| Income taxes | 67/77 | €8,062 | - | -€8,062 | |
| Profit (loss) for the period | 9904 | €14,099 | -€45,159 | -€59,258 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,099 | -€45,159 | -€59,258 |
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 11 October 2026 via checked.be.