BNN & Co: 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.
BNN & Co
Largest movements
- Receivables within one year +€98,937
up €98,937 (+273%), from €36,208 to €135,145
of which Other amounts receivable: +€75,621
- Cash -€15,489
down €15,489 (-30.4%), from €50,926 to €35,437
mainly Receivables within one year (-€98,937) and Contributions, distributions and other (-€20,000)
- Tangible fixed assets -€8,499
down €8,499 (-50.0%), from €16,998 to €8,499
- Profit (loss) carried forward +€48,115
up €48,115 (+171%), from €28,209 to €76,323
- Trade debts +€20,770
up €20,770 (+52.2%), from €39,759 to €60,529
- Tax, wage and social debts +€10,064
up €10,064 (+82.7%), from €12,165 to €22,229
- Other debts -€4,000
down €4,000 (-16.7%), from €24,000 to €20,000
- Gross operating margin +€20,368
up €20,368 (+29.3%), from €69,417 to €89,785
- Taxes +€4,359
up €4,359 (+56.8%), from €7,669 to €12,029
- Other operating charges +€1,099
new in 2025: €1,099
- Staff costs -€997
no longer reported in 2025 (was €997)
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 | €104,132 | €179,081 | +€74,949 | +72.0% |
| Fixed assets | 21/28 | €16,998 | €8,499 | -€8,499 | -50.0% |
| Tangible fixed assets | 22/27 | €16,998 | €8,499 | -€8,499 | -50.0% |
| Furniture and vehicles | 24 | €16,998 | €8,499 | -€8,499 | -50.0% |
| Current assets | 29/58 | €87,134 | €170,582 | +€83,448 | +95.8% |
| Amounts receivable within one year | 40/41 | €36,208 | €135,145 | +€98,937 | +273% |
| Trade receivables | 40 | €25,202 | €48,518 | +€23,316 | +92.5% |
| Other amounts receivable | 41 | €11,006 | €86,627 | +€75,621 | +687% |
| Cash at bank and in hand | 54/58 | €50,926 | €35,437 | -€15,489 | -30.4% |
| Total equity and liabilities | 10/49 | €104,132 | €179,081 | +€74,949 | +72.0% |
| Equity | 10/15 | €28,209 | €76,323 | +€48,115 | +171% |
| Profit (loss) carried forward | 14 | €28,209 | €76,323 | +€48,115 | +171% |
| Amounts payable | 17/49 | €75,924 | €102,758 | +€26,834 | +35.3% |
| Amounts payable within one year | 42/48 | €75,924 | €102,758 | +€26,834 | +35.3% |
| Trade debts | 44 | €39,759 | €60,529 | +€20,770 | +52.2% |
| Suppliers | 440/4 | €39,759 | €60,529 | +€20,770 | +52.2% |
| Taxes, remuneration and social security | 45 | €12,165 | €22,229 | +€10,064 | +82.7% |
| Taxes | 450/3 | €12,165 | €22,229 | +€10,064 | +82.7% |
| Other amounts payable | 47/48 | €24,000 | €20,000 | -€4,000 | -16.7% |
| Remuneration, social security and pensions | 62 | €997 | - | -€997 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,499 | €8,499 | = | 0.0% |
| Other operating charges | 640/8 | - | €1,099 | +€1,099 | |
| Gross operating margin | 9900 | €69,417 | €89,785 | +€20,368 | +29.3% |
| Operating profit (loss) | 9901 | €59,921 | €80,186 | +€20,265 | +33.8% |
| Financial charges | 65/66B | €43 | €43 | -€0 | 0.0% |
| Recurring financial charges | 65 | €43 | €43 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €59,878 | €80,143 | +€20,265 | +33.8% |
| Income taxes | 67/77 | €7,669 | €12,029 | +€4,359 | +56.8% |
| Profit (loss) for the period | 9904 | €52,209 | €68,115 | +€15,906 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,209 | €68,115 | +€15,906 | +30.5% |
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.