BNK GROUP: 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.
BNK GROUP
Largest movements
- Tangible fixed assets -€535,602
down €535,602 (-94.0%), from €569,792 to €34,189
of which Land and buildings: -€544,489
- Receivables within one year +€83,087
up €83,087 (+1,060%), from €7,841 to €90,928
of which Trade receivables: +€84,821
- Stocks and contracts -€61,828
down €61,828 (-15.2%), from €405,560 to €343,732
- Debts after one year -€516,290
down €516,290 (-78.1%), from €661,176 to €144,887
- Advances received +€115,000
new in 2024: €115,000
- Trade debts -€39,934
down €39,934 (-100%), from €39,934 to €0
- Profit (loss) carried forward -€26,397
down €26,397 (-52.5%), from €50,312 to €23,915
- Other debts -€18,005
down €18,005 (-21.2%), from €84,790 to €66,785
- Gross operating margin -€135,553
down €135,553 (-82.6%), from €164,052 to €28,499
- Financial charges -€41,452
down €41,452 (-84.9%), from €48,828 to €7,376
- Taxes -€26,531
down €26,531 (-99.3%), from €26,706 to €176
- Other operating charges -€8,506
down €8,506 (-73.9%), from €11,503 to €2,997
- Depreciation -€8,110
down €8,110 (-43.2%), from €18,762 to €10,652
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €989,256 | €483,857 | -€505,398 | -51.1% |
| Fixed assets | 21/28 | €573,892 | €38,289 | -€535,602 | -93.3% |
| Tangible fixed assets | 22/27 | €569,792 | €34,189 | -€535,602 | -94.0% |
| Land and buildings | 22 | €544,489 | €0 | -€544,489 | -100% |
| Plant, machinery and equipment | 23 | €1,004 | €1,524 | +€520 | +51.8% |
| Furniture and vehicles | 24 | €24,299 | €17,232 | -€7,067 | -29.1% |
| Leasing and similar rights | 25 | - | €15,433 | +€15,433 | |
| Financial fixed assets | 28 | €4,100 | €4,100 | = | 0.0% |
| Current assets | 29/58 | €415,364 | €445,568 | +€30,204 | +7.3% |
| Stocks and contracts in progress | 3 | €405,560 | €343,732 | -€61,828 | -15.2% |
| Stocks | 30/36 | €405,560 | €343,732 | -€61,828 | -15.2% |
| Amounts receivable within one year | 40/41 | €7,841 | €90,928 | +€83,087 | +1,060% |
| Trade receivables | 40 | €3,641 | €88,462 | +€84,821 | +2,329% |
| Other amounts receivable | 41 | €4,200 | €2,466 | -€1,734 | -41.3% |
| Cash at bank and in hand | 54/58 | €1,962 | €10,908 | +€8,945 | +456% |
| Total equity and liabilities | 10/49 | €989,256 | €483,857 | -€505,398 | -51.1% |
| Equity | 10/15 | €124,355 | €97,958 | -€26,397 | -21.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €55,443 | €55,443 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €443 | €443 | +€0 | +0.1% |
| Reserves not available under the articles | 1311 | €443 | €443 | +€0 | +0.1% |
| Distributable reserves | 133 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,312 | €23,915 | -€26,397 | -52.5% |
| Amounts payable | 17/49 | €864,901 | €385,899 | -€479,002 | -55.4% |
| Amounts payable after more than one year | 17 | €661,176 | €144,887 | -€516,290 | -78.1% |
| Financial debts | 170/4 | €661,176 | €144,887 | -€516,290 | -78.1% |
| Amounts payable within one year | 42/48 | €203,724 | €241,012 | +€37,288 | +18.3% |
| Current portion of amounts payable after more than one year | 42 | €5,303 | €0 | -€5,303 | -100% |
| Financial debts | 43 | €39,645 | €25,000 | -€14,645 | -36.9% |
| Credit institutions | 430/8 | - | €0 | = | |
| Other loans | 439 | €39,645 | €25,000 | -€14,645 | -36.9% |
| Trade debts | 44 | €39,934 | €0 | -€39,934 | -100% |
| Suppliers | 440/4 | €39,934 | €0 | -€39,934 | -100% |
| Advances received on contracts in progress | 46 | - | €115,000 | +€115,000 | |
| Taxes, remuneration and social security | 45 | €34,051 | €34,227 | +€176 | +0.5% |
| Taxes | 450/3 | €34,051 | €34,227 | +€176 | +0.5% |
| Other amounts payable | 47/48 | €84,790 | €66,785 | -€18,005 | -21.2% |
| Non-recurring operating income | 76A | - | €49,500 | +€49,500 | |
| Remuneration, social security and pensions | 62 | €504 | €0 | -€504 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,762 | €10,652 | -€8,110 | -43.2% |
| Other operating charges | 640/8 | €11,503 | €2,997 | -€8,506 | -73.9% |
| Non-recurring operating charges | 66A | - | €34,489 | +€34,489 | |
| Gross operating margin | 9900 | €164,052 | €28,499 | -€135,553 | -82.6% |
| Operating profit (loss) | 9901 | €133,283 | -€19,639 | -€152,922 | |
| Financial income | 75/76B | - | €793 | +€793 | |
| Recurring financial income | 75 | - | €793 | +€793 | |
| Financial charges | 65/66B | €48,828 | €7,376 | -€41,452 | -84.9% |
| Recurring financial charges | 65 | €48,828 | €7,376 | -€41,452 | -84.9% |
| Profit (loss) for the period before taxes | 9903 | €84,456 | -€26,222 | -€110,677 | |
| Income taxes | 67/77 | €26,706 | €176 | -€26,531 | -99.3% |
| Profit (loss) for the period | 9904 | €57,749 | -€26,397 | -€84,146 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,749 | -€26,397 | -€84,146 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.