BORNBALD: 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.
BORNBALD
Largest movements
- Current investments -€36,495
down €36,495 (-91.2%), from €40,007 to €3,512
- Tangible fixed assets +€35,117
new in 2025: €35,117
- Receivables within one year +€6,216
up €6,216 (+62.2%), from €10,000 to €16,216
of which Other amounts receivable: +€7,141
- Cash -€5,817
down €5,817 (-93.9%), from €6,194 to €377
mainly Investment in fixed assets (net) (-€37,444) and Provisions (-€12,500)
- Deferred charges and accrued income +€788
up €788 (+33.9%), from €2,322 to €3,110
- Debts after one year +€14,925
new in 2025: €14,925
- Provisions -€12,500
down €12,500 (-100.0%), from €12,500 to €0
- Other debts -€4,545
down €4,545 (-39.0%), from €11,662 to €7,117
- Tax, wage and social debts -€3,930
down €3,930 (-68.6%), from €5,730 to €1,800
of which Taxes: -€5,730
- Current portion of long-term debt +€3,645
new in 2025: €3,645
- Gross operating margin -€39,872
down €39,872, from €34,841 to -€5,031
- Provisions -€12,500
new in 2025: -€12,500
- Taxes -€6,025
down €6,025 (-86.2%), from €6,987 to €963
- Depreciation +€2,327
up €2,327, from €0 to €2,327
- Financial charges +€745
up €745 (+57.1%), from €1,304 to €2,049
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.
Cash bridge derived
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 | €63,523 | €63,332 | -€191 | -0.3% |
| Fixed assets | 21/28 | €5,000 | €40,117 | +€35,117 | +702.3% |
| Tangible fixed assets | 22/27 | - | €35,117 | +€35,117 | |
| Furniture and vehicles | 24 | - | €35,117 | +€35,117 | |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €58,523 | €23,216 | -€35,308 | -60.3% |
| Amounts receivable within one year | 40/41 | €10,000 | €16,216 | +€6,216 | +62.2% |
| Trade receivables | 40 | €10,000 | €9,075 | -€925 | -9.3% |
| Other amounts receivable | 41 | - | €7,141 | +€7,141 | |
| Current investments | 50/53 | €40,007 | €3,512 | -€36,495 | -91.2% |
| Cash at bank and in hand | 54/58 | €6,194 | €377 | -€5,817 | -93.9% |
| Deferred charges and accrued income | 490/1 | €2,322 | €3,110 | +€788 | +33.9% |
| Total equity and liabilities | 10/49 | €63,523 | €63,332 | -€191 | -0.3% |
| Equity | 10/15 | €30,935 | €32,060 | +€1,125 | +3.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,875 | €24,000 | +€1,125 | +4.9% |
| Provisions and deferred taxes | 16 | €12,500 | €0 | -€12,500 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €12,500 | €0 | -€12,500 | -100.0% |
| Pensions and similar obligations | 160 | €12,500 | €0 | -€12,500 | -100.0% |
| Amounts payable | 17/49 | €20,088 | €31,272 | +€11,184 | +55.7% |
| Amounts payable after more than one year | 17 | - | €14,925 | +€14,925 | |
| Financial debts | 170/4 | - | €14,925 | +€14,925 | |
| Amounts payable within one year | 42/48 | €20,088 | €16,347 | -€3,742 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | - | €3,645 | +€3,645 | |
| Financial debts | 43 | €53 | €245 | +€192 | +362.4% |
| Credit institutions | 430/8 | €53 | €245 | +€192 | +362.4% |
| Trade debts | 44 | €2,643 | €3,540 | +€897 | +33.9% |
| Suppliers | 440/4 | €2,643 | €3,540 | +€897 | +33.9% |
| Taxes, remuneration and social security | 45 | €5,730 | €1,800 | -€3,930 | -68.6% |
| Taxes | 450/3 | €5,730 | €0 | -€5,730 | -100.0% |
| Remuneration and social security | 454/9 | - | €1,800 | +€1,800 | |
| Other amounts payable | 47/48 | €11,662 | €7,117 | -€4,545 | -39.0% |
| Non-recurring operating income | 76A | €2,893 | €3,306 | +€413 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €2,327 | +€2,327 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€12,500 | -€12,500 | |
| Other operating charges | 640/8 | €951 | €1,004 | +€53 | +5.6% |
| Gross operating margin | 9900 | €34,841 | -€5,031 | -€39,872 | |
| Operating profit (loss) | 9901 | €33,890 | €4,137 | -€29,752 | -87.8% |
| Financial income | 75/76B | €20 | €0 | -€20 | -100.0% |
| Recurring financial income | 75 | €20 | €0 | -€20 | -100.0% |
| Financial charges | 65/66B | €1,304 | €2,049 | +€745 | +57.1% |
| Recurring financial charges | 65 | €1,304 | €2,049 | +€745 | +57.1% |
| Profit (loss) for the period before taxes | 9903 | €32,606 | €2,088 | -€30,518 | -93.6% |
| Income taxes | 67/77 | €6,987 | €963 | -€6,025 | -86.2% |
| Profit (loss) for the period | 9904 | €25,618 | €1,125 | -€24,493 | -95.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,618 | €1,125 | -€24,493 | -95.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.