BOP mon artisan: 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.
BOP mon artisan
Largest movements
- Cash +€112,896
up €112,896 (+400%), from €28,243 to €141,139
mainly Receivables within one year (+€49,601) and Trade debts (+€44,153)
- Receivables within one year -€49,601
down €49,601 (-24.0%), from €206,427 to €156,826
of which Trade receivables: -€49,196
- Tangible fixed assets -€34,421
down €34,421 (-9.1%), from €377,495 to €343,074
- Current portion of long-term debt -€44,331
down €44,331 (-56.7%), from €78,188 to €33,857
- Trade debts +€44,153
up €44,153 (+136%), from €32,555 to €76,709
- Profit (loss) carried forward +€38,331
up €38,331 (+26.0%), from €147,421 to €185,752
- Tax, wage and social debts -€18,256
down €18,256 (-30.9%), from €59,117 to €40,862
of which Remuneration and social security: -€10,446
- Gross operating margin -€64,681
down €64,681 (-11.6%), from €558,316 to €493,636
- Staff costs -€29,488
down €29,488 (-7.1%), from €416,501 to €387,013
- Taxes +€12,088
new in 2025: €12,088
- Depreciation +€6,120
up €6,120 (+16.1%), from €37,930 to €44,051
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 | €691,534 | €718,041 | +€26,506 | +3.8% |
| Fixed assets | 21/28 | €377,495 | €343,074 | -€34,421 | -9.1% |
| Tangible fixed assets | 22/27 | €377,495 | €343,074 | -€34,421 | -9.1% |
| Land and buildings | 22 | €316,873 | €299,705 | -€17,168 | -5.4% |
| Plant, machinery and equipment | 23 | €19,818 | €15,283 | -€4,536 | -22.9% |
| Furniture and vehicles | 24 | €32,956 | €25,933 | -€7,023 | -21.3% |
| Leasing and similar rights | 25 | €7,848 | €2,153 | -€5,695 | -72.6% |
| Current assets | 29/58 | €314,040 | €374,967 | +€60,928 | +19.4% |
| Stocks and contracts in progress | 3 | €76,386 | €76,538 | +€152 | +0.2% |
| Stocks | 30/36 | €76,386 | €76,538 | +€152 | +0.2% |
| Amounts receivable within one year | 40/41 | €206,427 | €156,826 | -€49,601 | -24.0% |
| Trade receivables | 40 | €156,145 | €106,949 | -€49,196 | -31.5% |
| Other amounts receivable | 41 | €50,282 | €49,877 | -€405 | -0.8% |
| Cash at bank and in hand | 54/58 | €28,243 | €141,139 | +€112,896 | +400% |
| Deferred charges and accrued income | 490/1 | €2,984 | €464 | -€2,520 | -84.4% |
| Total equity and liabilities | 10/49 | €691,534 | €718,041 | +€26,506 | +3.8% |
| Equity | 10/15 | €455,921 | €494,252 | +€38,331 | +8.4% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €273,500 | €273,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,500 | €3,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,500 | €3,500 | = | 0.0% |
| Distributable reserves | 133 | €270,000 | €270,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €147,421 | €185,752 | +€38,331 | +26.0% |
| Amounts payable | 17/49 | €235,613 | €223,789 | -€11,825 | -5.0% |
| Amounts payable after more than one year | 17 | €65,752 | €72,361 | +€6,608 | +10.1% |
| Financial debts | 170/4 | €65,752 | €72,361 | +€6,608 | +10.1% |
| Amounts payable within one year | 42/48 | €169,861 | €151,428 | -€18,433 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €78,188 | €33,857 | -€44,331 | -56.7% |
| Trade debts | 44 | €32,555 | €76,709 | +€44,153 | +136% |
| Suppliers | 440/4 | €32,555 | €76,709 | +€44,153 | +136% |
| Taxes, remuneration and social security | 45 | €59,117 | €40,862 | -€18,256 | -30.9% |
| Taxes | 450/3 | €7,810 | - | -€7,810 | |
| Remuneration and social security | 454/9 | €51,307 | €40,862 | -€10,446 | -20.4% |
| Remuneration, social security and pensions | 62 | €416,501 | €387,013 | -€29,488 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,930 | €44,051 | +€6,120 | +16.1% |
| Other operating charges | 640/8 | €8,199 | €6,964 | -€1,235 | -15.1% |
| Gross operating margin | 9900 | €558,316 | €493,636 | -€64,681 | -11.6% |
| Operating profit (loss) | 9901 | €95,687 | €55,608 | -€40,079 | -41.9% |
| Financial income | 75/76B | €63 | €267 | +€204 | +321% |
| Recurring financial income | 75 | €63 | €267 | +€204 | +321% |
| Financial charges | 65/66B | €8,183 | €5,457 | -€2,726 | -33.3% |
| Recurring financial charges | 65 | €8,183 | €5,457 | -€2,726 | -33.3% |
| Profit (loss) for the period before taxes | 9903 | €87,568 | €50,418 | -€37,149 | -42.4% |
| Income taxes | 67/77 | - | €12,088 | +€12,088 | |
| Profit (loss) for the period | 9904 | €87,568 | €38,331 | -€49,237 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €87,568 | €38,331 | -€49,237 | -56.2% |
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 20 October 2026 via checked.be.