BNLF: 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.
BNLF
Largest movements
- Receivables within one year -€23,061
down €23,061 (-8.9%), from €259,459 to €236,397
of which Trade receivables: -€16,853
- Profit (loss) carried forward +€194,093
new in 2024: €194,093
- Reserves -€124,562
down €124,562 (-98.5%), from €126,422 to €1,860
of which Distributable reserves: -€126,422
- Trade debts -€45,989
down €45,989 (-74.2%), from €62,000 to €16,010
- Other debts -€26,037
down €26,037 (-98.1%), from €26,533 to €497
- Tax, wage and social debts -€24,073
down €24,073 (-71.5%), from €33,681 to €9,608
of which Taxes: -€13,697
- Gross operating margin -€129,196
down €129,196 (-60.8%), from €212,570 to €83,374
- Staff costs -€33,643
down €33,643 (-60.8%), from €55,317 to €21,674
- Taxes -€12,531
down €12,531 (-99.6%), from €12,577 to €46
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.
Cash bridge derived
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 | €267,362 | €240,668 | -€26,693 | -10.0% |
| Fixed assets | 21/28 | €4,229 | €3,286 | -€943 | -22.3% |
| Tangible fixed assets | 22/27 | €2,940 | €1,996 | -€943 | -32.1% |
| Plant, machinery and equipment | 23 | €2,940 | €1,996 | -€943 | -32.1% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €1,289 | €1,289 | = | 0.0% |
| Current assets | 29/58 | €263,133 | €237,383 | -€25,750 | -9.8% |
| Amounts receivable within one year | 40/41 | €259,459 | €236,397 | -€23,061 | -8.9% |
| Trade receivables | 40 | €251,380 | €234,527 | -€16,853 | -6.7% |
| Other amounts receivable | 41 | €8,078 | €1,870 | -€6,209 | -76.9% |
| Current investments | 50/53 | €8 | €8 | +€0 | +0.5% |
| Cash at bank and in hand | 54/58 | €1,170 | €648 | -€522 | -44.6% |
| Deferred charges and accrued income | 490/1 | €2,496 | €329 | -€2,167 | -86.8% |
| Total equity and liabilities | 10/49 | €267,362 | €240,668 | -€26,693 | -10.0% |
| Equity | 10/15 | €145,022 | €214,553 | +€69,531 | +47.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €126,422 | €1,860 | -€124,562 | -98.5% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €126,422 | - | -€126,422 | |
| Profit (loss) carried forward | 14 | - | €194,093 | +€194,093 | |
| Amounts payable | 17/49 | €122,340 | €26,115 | -€96,224 | -78.7% |
| Amounts payable within one year | 42/48 | €122,214 | €26,115 | -€96,099 | -78.6% |
| Trade debts | 44 | €62,000 | €16,010 | -€45,989 | -74.2% |
| Suppliers | 440/4 | €62,000 | €16,010 | -€45,989 | -74.2% |
| Taxes, remuneration and social security | 45 | €33,681 | €9,608 | -€24,073 | -71.5% |
| Taxes | 450/3 | €15,231 | €1,533 | -€13,697 | -89.9% |
| Remuneration and social security | 454/9 | €18,450 | €8,075 | -€10,375 | -56.2% |
| Other amounts payable | 47/48 | €26,533 | €497 | -€26,037 | -98.1% |
| Accrued charges and deferred income | 492/3 | €126 | - | -€126 | |
| Non-recurring operating income | 76A | - | €7,706 | +€7,706 | |
| Remuneration, social security and pensions | 62 | €55,317 | €21,674 | -€33,643 | -60.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €943 | €943 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,324 | €710 | -€614 | -46.4% |
| Gross operating margin | 9900 | €212,570 | €83,374 | -€129,196 | -60.8% |
| Operating profit (loss) | 9901 | €154,985 | €60,046 | -€94,939 | -61.3% |
| Financial income | 75/76B | €16 | €0 | -€16 | -99.3% |
| Recurring financial income | 75 | €16 | €0 | -€16 | -99.3% |
| Financial charges | 65/66B | €2,257 | €2,925 | +€669 | +29.6% |
| Recurring financial charges | 65 | €2,257 | €2,925 | +€669 | +29.6% |
| Profit (loss) for the period before taxes | 9903 | €152,745 | €57,121 | -€95,624 | -62.6% |
| Income taxes | 67/77 | €12,577 | €46 | -€12,531 | -99.6% |
| Profit (loss) for the period | 9904 | €140,168 | €57,075 | -€83,093 | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €140,168 | €57,075 | -€83,093 | -59.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.