BP 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.
BP Group
Largest movements
- Tangible fixed assets -€809,626
down €809,626 (-54.7%), from €1.5m to €670,638
of which Land and buildings: -€812,575
- Cash +€761,881
up €761,881 (+1,464%), from €52,041 to €813,921
mainly Investment in fixed assets (net) (+€680,814) and Net result for the year (+€497,246)
- Financial fixed assets +€87,750
new in 2025: €87,750
- Receivables within one year -€83,129
down €83,129 (-53.0%), from €156,729 to €73,600
of which Trade receivables: -€92,148
- Receivables after one year +€19,500
new in 2025: €19,500
- Debts after one year -€679,193
down €679,193 (-52.5%), from €1.3m to €614,039
- Reserves +€497,246
up €497,246 (+883%), from €56,329 to €553,575
- Tax, wage and social debts +€270,692
up €270,692 (+3,060%), from €8,846 to €279,539
- Trade debts -€120,136
down €120,136 (-84.9%), from €141,482 to €21,346
- Other debts +€38,489
up €38,489 (+64.0%), from €60,113 to €98,602
- Gross operating margin +€574,981
up €574,981 (+350%), from €164,469 to €739,450
- Taxes +€154,581
up €154,581 (+1,747%), from €8,846 to €163,427
- Depreciation -€17,757
down €17,757 (-30.2%), from €58,820 to €41,062
- Financial charges -€12,350
down €12,350 (-30.1%), from €41,059 to €28,709
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 | €1,689,033 | €1,665,409 | -€23,625 | -1.4% |
| Fixed assets | 21/28 | €1,480,264 | €758,388 | -€721,876 | -48.8% |
| Tangible fixed assets | 22/27 | €1,480,264 | €670,638 | -€809,626 | -54.7% |
| Land and buildings | 22 | €1,476,257 | €663,682 | -€812,575 | -55.0% |
| Plant, machinery and equipment | 23 | €4,007 | €6,956 | +€2,949 | +73.6% |
| Financial fixed assets | 28 | - | €87,750 | +€87,750 | |
| Current assets | 29/58 | €208,769 | €907,021 | +€698,252 | +334% |
| Amounts receivable after more than one year | 29 | - | €19,500 | +€19,500 | |
| Other amounts receivable | 291 | - | €19,500 | +€19,500 | |
| Amounts receivable within one year | 40/41 | €156,729 | €73,600 | -€83,129 | -53.0% |
| Trade receivables | 40 | €149,878 | €57,731 | -€92,148 | -61.5% |
| Other amounts receivable | 41 | €6,850 | €15,869 | +€9,019 | +132% |
| Cash at bank and in hand | 54/58 | €52,041 | €813,921 | +€761,881 | +1,464% |
| Total equity and liabilities | 10/49 | €1,689,033 | €1,665,409 | -€23,625 | -1.4% |
| Equity | 10/15 | €78,329 | €575,575 | +€497,246 | +635% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €56,329 | €553,575 | +€497,246 | +883% |
| Distributable reserves | 133 | €56,329 | €553,575 | +€497,246 | +883% |
| Amounts payable | 17/49 | €1,610,704 | €1,089,834 | -€520,870 | -32.3% |
| Amounts payable after more than one year | 17 | €1,293,232 | €614,039 | -€679,193 | -52.5% |
| Financial debts | 170/4 | €1,293,232 | €614,039 | -€679,193 | -52.5% |
| Amounts payable within one year | 42/48 | €317,472 | €475,795 | +€158,322 | +49.9% |
| Current portion of amounts payable after more than one year | 42 | €105,779 | €76,109 | -€29,670 | -28.0% |
| Trade debts | 44 | €141,482 | €21,346 | -€120,136 | -84.9% |
| Suppliers | 440/4 | €141,482 | €21,346 | -€120,136 | -84.9% |
| Advances received on contracts in progress | 46 | €1,251 | €198 | -€1,053 | -84.1% |
| Taxes, remuneration and social security | 45 | €8,846 | €279,539 | +€270,692 | +3,060% |
| Taxes | 450/3 | €8,846 | €279,539 | +€270,692 | +3,060% |
| Other amounts payable | 47/48 | €60,113 | €98,602 | +€38,489 | +64.0% |
| Non-recurring operating income | 76A | €26,866 | €731,636 | +€704,770 | +2,623% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,820 | €41,062 | -€17,757 | -30.2% |
| Other operating charges | 640/8 | €14,537 | €9,006 | -€5,531 | -38.0% |
| Gross operating margin | 9900 | €164,469 | €739,450 | +€574,981 | +350% |
| Operating profit (loss) | 9901 | €91,112 | €689,382 | +€598,270 | +657% |
| Financial income | 75/76B | €946 | - | -€946 | |
| Recurring financial income | 75 | €946 | - | -€946 | |
| Financial charges | 65/66B | €41,059 | €28,709 | -€12,350 | -30.1% |
| Recurring financial charges | 65 | €41,059 | €28,709 | -€12,350 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €50,999 | €660,673 | +€609,674 | +1,195% |
| Income taxes | 67/77 | €8,846 | €163,427 | +€154,581 | +1,747% |
| Profit (loss) for the period | 9904 | €42,153 | €497,246 | +€455,093 | +1,080% |
| Profit (loss) for the period to be appropriated | 9905 | €42,153 | €497,246 | +€455,093 | +1,080% |
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 23 October 2026 via checked.be.