BPACT: 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.
BPACT
Largest movements
- Intangible fixed assets +€206,665
up €206,665 (+79.0%), from €261,574 to €468,238
- Receivables within one year +€89,497
up €89,497 (+43.7%), from €204,698 to €294,195
of which Trade receivables: +€90,094
- Deferred charges and accrued income -€49,880
no longer reported in 2025 (was €49,880)
- Trade debts +€130,897
up €130,897 (+42.4%), from €308,747 to €439,644
- Tax, wage and social debts +€81,612
up €81,612 (+139.4%), from €58,563 to €140,175
of which Remuneration and social security: +€41,393
- Other debts +€24,751
new in 2025: €24,751
- Accrued charges and deferred income +€12,864
up €12,864 (+811.0%), from €1,586 to €14,450
- Staff costs +€130,833
up €130,833 (+53.4%), from €245,104 to €375,938
- Gross operating margin +€116,456
up €116,456 (+31.9%), from €365,235 to €481,690
- Depreciation +€43,281
up €43,281 (+64.7%), from €66,849 to €110,131
- Financial income +€10,386
up €10,386 (+948.5%), from €1,095 to €11,480
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 | €529,456 | €780,132 | +€250,676 | +47.3% |
| Fixed assets | 21/28 | €262,074 | €468,738 | +€206,665 | +78.9% |
| Intangible fixed assets | 21 | €261,574 | €468,238 | +€206,665 | +79.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €267,383 | €311,394 | +€44,011 | +16.5% |
| Amounts receivable within one year | 40/41 | €204,698 | €294,195 | +€89,497 | +43.7% |
| Trade receivables | 40 | €204,101 | €294,195 | +€90,094 | +44.1% |
| Other amounts receivable | 41 | €597 | - | -€597 | |
| Cash at bank and in hand | 54/58 | €12,805 | €17,199 | +€4,394 | +34.3% |
| Deferred charges and accrued income | 490/1 | €49,880 | - | -€49,880 | |
| Total equity and liabilities | 10/49 | €529,456 | €780,132 | +€250,676 | +47.3% |
| Equity | 10/15 | €155,561 | €156,112 | +€551 | +0.4% |
| Contributions | 10/11 | €143,550 | €143,550 | = | 0.0% |
| Reserves | 13 | €12,011 | €12,562 | +€551 | +4.6% |
| Distributable reserves | 133 | €12,011 | €12,562 | +€551 | +4.6% |
| Amounts payable | 17/49 | €373,896 | €624,020 | +€250,124 | +66.9% |
| Amounts payable within one year | 42/48 | €372,310 | €609,570 | +€237,260 | +63.7% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €5,000 | = | 0.0% |
| Trade debts | 44 | €308,747 | €439,644 | +€130,897 | +42.4% |
| Suppliers | 440/4 | €308,747 | €439,644 | +€130,897 | +42.4% |
| Taxes, remuneration and social security | 45 | €58,563 | €140,175 | +€81,612 | +139.4% |
| Taxes | 450/3 | €20,869 | €61,089 | +€40,219 | +192.7% |
| Remuneration and social security | 454/9 | €37,693 | €79,086 | +€41,393 | +109.8% |
| Other amounts payable | 47/48 | - | €24,751 | +€24,751 | |
| Accrued charges and deferred income | 492/3 | €1,586 | €14,450 | +€12,864 | +811.0% |
| Remuneration, social security and pensions | 62 | €245,104 | €375,938 | +€130,833 | +53.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,849 | €110,131 | +€43,281 | +64.7% |
| Other operating charges | 640/8 | €775 | €400 | -€375 | -48.4% |
| Gross operating margin | 9900 | €365,235 | €481,690 | +€116,456 | +31.9% |
| Operating profit (loss) | 9901 | €52,507 | -€4,778 | -€57,284 | |
| Financial income | 75/76B | €1,095 | €11,480 | +€10,386 | +948.5% |
| Recurring financial income | 75 | €1,095 | €11,480 | +€10,386 | +948.5% |
| Financial charges | 65/66B | €1,539 | €354 | -€1,186 | -77.0% |
| Recurring financial charges | 65 | €1,539 | €354 | -€1,186 | -77.0% |
| Profit (loss) for the period before taxes | 9903 | €52,062 | €6,349 | -€45,713 | -87.8% |
| Income taxes | 67/77 | €8,300 | €5,798 | -€2,502 | -30.1% |
| Profit (loss) for the period | 9904 | €43,762 | €551 | -€43,211 | -98.7% |
| Profit (loss) for the period to be appropriated | 9905 | €43,762 | €551 | -€43,211 | -98.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.