bNext: 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.
What changed
bNext
NACE 82.990, Other business support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€20,551
2024 · €5,066-€25,617
Equity
€244,852
2024 · €278,143-€33,291
Cash
€18,277
2024 · €22,700-€4,422
Balance sheet total
€1.4m
2024 · €1.5m-€132,754
Largest movements
Assets
- Tangible fixed assets -€110,541
down €110,541 (-7.5%), from €1.5m to €1.4m
of which Land and buildings: -€102,146
Equity and liabilities
- Other debts -€124,386
down €124,386 (-94.5%), from €131,597 to €7,211
- Debts after one year +€52,194
up €52,194 (+5.6%), from €935,988 to €988,182
of which Other amounts payable: +€183,569
- Trade debts -€30,130
down €30,130 (-62.8%), from €47,956 to €17,826
- Profit (loss) carried forward -€20,551
down €20,551 (-61.6%), from €33,343 to €12,792
Income statement
- Gross operating margin -€14,984
down €14,984 (-11.6%), from €128,968 to €113,985
- Other operating charges +€9,369
up €9,369 (+249%), from €3,766 to €13,135
- Financial charges +€1,974
up €1,974 (+11.8%), from €16,751 to €18,725
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.
Result 2024
€5,066
Gross operating margin
-€14,984
Staff costs
+€104
Depreciation
+€313
Other operating charges
-€9,369
Other operating items
+€211
Financial income
+€27
Financial charges
-€1,974
Taxes
+€54
Result 2025
-€20,551
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€45,656
Investment
€0
Financing
+€41,233
Cash 2024
€22,700
From operations (derived)
-€45,656
Net result for the year
-€20,551
Depreciation
+€115,427
Receivables within one year
+€12,492
Deferred charges and accrued income
+€412
Trade debts
-€30,130
Tax, wage and social debts
+€1,079
Other debts
-€124,386
Financing
+€41,233
Debts after one year
+€52,194
Current portion of long-term debt
+€1,780
Contributions, distributions and other
-€12,740
Cash 2025
€18,277
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,523,715 | €1,390,961 | -€132,754 | -8.7% |
| Fixed assets | 21/28 | €1,478,081 | €1,362,653 | -€115,427 | -7.8% |
| Intangible fixed assets | 21 | €6,987 | €2,100 | -€4,887 | -69.9% |
| Tangible fixed assets | 22/27 | €1,470,731 | €1,360,190 | -€110,541 | -7.5% |
| Land and buildings | 22 | €1,422,920 | €1,320,774 | -€102,146 | -7.2% |
| Plant, machinery and equipment | 23 | €25,933 | €22,745 | -€3,188 | -12.3% |
| Furniture and vehicles | 24 | €21,878 | €16,671 | -€5,207 | -23.8% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €45,634 | €28,308 | -€17,327 | -38.0% |
| Amounts receivable within one year | 40/41 | €20,795 | €8,303 | -€12,492 | -60.1% |
| Trade receivables | 40 | €20,287 | €7,796 | -€12,492 | -61.6% |
| Other amounts receivable | 41 | €508 | €508 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,700 | €18,277 | -€4,422 | -19.5% |
| Deferred charges and accrued income | 490/1 | €2,139 | €1,727 | -€412 | -19.3% |
| Total equity and liabilities | 10/49 | €1,523,715 | €1,390,961 | -€132,754 | -8.7% |
| Equity | 10/15 | €278,143 | €244,852 | -€33,291 | -12.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €23,700 | €23,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,700 | €3,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,700 | €3,700 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,343 | €12,792 | -€20,551 | -61.6% |
| Investment grants | 15 | €191,100 | €178,360 | -€12,740 | -6.7% |
| Amounts payable | 17/49 | €1,245,572 | €1,146,109 | -€99,463 | -8.0% |
| Amounts payable after more than one year | 17 | €935,988 | €988,182 | +€52,194 | +5.6% |
| Financial debts | 170/4 | €935,988 | €804,613 | -€131,375 | -14.0% |
| Other amounts payable | 178/9 | - | €183,569 | +€183,569 | |
| Amounts payable within one year | 42/48 | €309,584 | €157,927 | -€151,656 | -49.0% |
| Current portion of amounts payable after more than one year | 42 | €129,995 | €131,775 | +€1,780 | +1.4% |
| Trade debts | 44 | €47,956 | €17,826 | -€30,130 | -62.8% |
| Suppliers | 440/4 | €47,956 | €17,826 | -€30,130 | -62.8% |
| Taxes, remuneration and social security | 45 | €36 | €1,115 | +€1,079 | +3,015% |
| Taxes | 450/3 | €36 | €1,115 | +€1,079 | +3,015% |
| Other amounts payable | 47/48 | €131,597 | €7,211 | -€124,386 | -94.5% |
| Remuneration, social security and pensions | 62 | €104 | - | -€104 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,740 | €115,427 | -€313 | -0.3% |
| Other operating charges | 640/8 | €3,766 | €13,135 | +€9,369 | +249% |
| Non-recurring operating charges | 66A | €228 | €17 | -€211 | -92.7% |
| Gross operating margin | 9900 | €128,968 | €113,985 | -€14,984 | -11.6% |
| Operating profit (loss) | 9901 | €9,130 | -€14,594 | -€23,724 | |
| Financial income | 75/76B | €12,741 | €12,768 | +€27 | +0.2% |
| Recurring financial income | 75 | €12,741 | €12,768 | +€27 | +0.2% |
| Financial charges | 65/66B | €16,751 | €18,725 | +€1,974 | +11.8% |
| Recurring financial charges | 65 | €16,751 | €18,725 | +€1,974 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €5,120 | -€20,551 | -€25,672 | |
| Income taxes | 67/77 | €54 | - | -€54 | |
| Profit (loss) for the period | 9904 | €5,066 | -€20,551 | -€25,617 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,066 | -€20,551 | -€25,617 |
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.