BP Law: 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 Law
Largest movements
- Receivables within one year +€12,943
up €12,943 (+865%), from €1,496 to €14,439
of which Trade receivables: +€12,100
- Tangible fixed assets -€11,374
down €11,374 (-8.7%), from €130,575 to €119,200
of which Land and buildings: -€7,596
- Cash +€5,698
up €5,698 (+4.9%), from €116,789 to €122,487
mainly Other debts (+€48,382) and Depreciation (+€9,101)
- Other debts +€48,382
up €48,382 (+42.6%), from €113,701 to €162,083
- Debts after one year -€13,059
down €13,059 (-10.2%), from €128,609 to €115,550
- Trade debts -€12,500
down €12,500 (-49.4%), from €25,279 to €12,779
- Contributions -€10,788
down €10,788 (-87.0%), from €12,400 to €1,612
- Profit (loss) carried forward -€4,722
down €4,722 (-8.8%), from €53,747 to €49,025
- Gross operating margin -€47,862
down €47,862 (-68.3%), from €70,067 to €22,205
- Taxes +€8,646
up €8,646 (+169%), from €5,121 to €13,767
- Depreciation -€1,828
down €1,828 (-16.7%), from €10,930 to €9,101
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 | €356,550 | €363,719 | +€7,169 | +2.0% |
| Fixed assets | 21/28 | €192,442 | €181,068 | -€11,374 | -5.9% |
| Tangible fixed assets | 22/27 | €130,575 | €119,200 | -€11,374 | -8.7% |
| Land and buildings | 22 | €123,290 | €115,694 | -€7,596 | -6.2% |
| Furniture and vehicles | 24 | €7,284 | €3,506 | -€3,778 | -51.9% |
| Financial fixed assets | 28 | €61,867 | €61,867 | = | 0.0% |
| Current assets | 29/58 | €164,108 | €182,652 | +€18,544 | +11.3% |
| Amounts receivable after more than one year | 29 | €45,823 | €45,726 | -€97 | -0.2% |
| Other amounts receivable | 291 | €45,823 | €45,726 | -€97 | -0.2% |
| Amounts receivable within one year | 40/41 | €1,496 | €14,439 | +€12,943 | +865% |
| Trade receivables | 40 | - | €12,100 | +€12,100 | |
| Other amounts receivable | 41 | €1,496 | €2,340 | +€844 | +56.4% |
| Cash at bank and in hand | 54/58 | €116,789 | €122,487 | +€5,698 | +4.9% |
| Total equity and liabilities | 10/49 | €356,550 | €363,719 | +€7,169 | +2.0% |
| Equity | 10/15 | €68,007 | €52,497 | -€15,510 | -22.8% |
| Contributions | 10/11 | €12,400 | €1,612 | -€10,788 | -87.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,747 | €49,025 | -€4,722 | -8.8% |
| Amounts payable | 17/49 | €288,542 | €311,222 | +€22,680 | +7.9% |
| Amounts payable after more than one year | 17 | €128,609 | €115,550 | -€13,059 | -10.2% |
| Financial debts | 170/4 | €128,609 | €115,550 | -€13,059 | -10.2% |
| Amounts payable within one year | 42/48 | €159,934 | €195,672 | +€35,739 | +22.3% |
| Current portion of amounts payable after more than one year | 42 | €12,864 | €13,059 | +€195 | +1.5% |
| Trade debts | 44 | €25,279 | €12,779 | -€12,500 | -49.4% |
| Suppliers | 440/4 | €25,279 | €12,779 | -€12,500 | -49.4% |
| Taxes, remuneration and social security | 45 | €8,089 | €7,751 | -€338 | -4.2% |
| Taxes | 450/3 | €8,089 | €7,751 | -€338 | -4.2% |
| Other amounts payable | 47/48 | €113,701 | €162,083 | +€48,382 | +42.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,930 | €9,101 | -€1,828 | -16.7% |
| Non-recurring operating charges | 66A | €10,773 | €0 | -€10,773 | -100.0% |
| Gross operating margin | 9900 | €70,067 | €22,205 | -€47,862 | -68.3% |
| Operating profit (loss) | 9901 | €48,365 | €13,104 | -€35,261 | -72.9% |
| Financial charges | 65/66B | €2,443 | €2,690 | +€247 | +10.1% |
| Recurring financial charges | 65 | €2,443 | €2,690 | +€247 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €45,921 | €10,414 | -€35,507 | -77.3% |
| Income taxes | 67/77 | €5,121 | €13,767 | +€8,646 | +169% |
| Profit (loss) for the period | 9904 | €40,801 | -€3,353 | -€44,154 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,801 | -€3,353 | -€44,154 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.