bpaint: 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.
bpaint
Largest movements
- Receivables within one year +€211,156
up €211,156 (+78.1%), from €270,517 to €481,673
of which Other amounts receivable: +€380,631
- Reserves +€1.3m
up €1.3m (+79.8%), from €1.7m to €3.0m
- Debts after one year -€1.0m
down €1.0m (-92.7%), from €1.1m to €81,546
- Other debts -€131,406
down €131,406 (-49.8%), from €263,955 to €132,549
- Tax, wage and social debts +€119,145
up €119,145 (+834%), from €14,289 to €133,434
of which Taxes: +€113,384
- Short-term financial debts -€57,602
down €57,602 (-45.3%), from €127,107 to €69,505
- Financial income +€1.4m
up €1.4m (+116,941%), from €1,196 to €1.4m
of which Financial income: +€1.4m
- Taxes +€113,368
up €113,368 (+255%), from €44,441 to €157,808
- Gross operating margin -€39,615
down €39,615 (-10.3%), from €383,665 to €344,050
- Financial charges +€20,280
up €20,280 (+28.6%), from €71,000 to €91,280
- Depreciation -€15,034
down €15,034 (-40.8%), from €36,892 to €21,858
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 | €3,322,204 | €3,551,854 | +€229,649 | +6.9% |
| Fixed assets | 21/28 | €2,635,188 | €2,651,954 | +€16,766 | +0.6% |
| Intangible fixed assets | 21 | €49,215 | €41,330 | -€7,885 | -16.0% |
| Tangible fixed assets | 22/27 | €45,530 | €66,181 | +€20,651 | +45.4% |
| Plant, machinery and equipment | 23 | €6,767 | €5,947 | -€820 | -12.1% |
| Furniture and vehicles | 24 | €38,763 | €60,234 | +€21,471 | +55.4% |
| Financial fixed assets | 28 | €2,540,443 | €2,544,443 | +€4,000 | +0.2% |
| Current assets | 29/58 | €687,017 | €899,900 | +€212,883 | +31.0% |
| Amounts receivable after more than one year | 29 | €390,000 | €400,000 | +€10,000 | +2.6% |
| Other amounts receivable | 291 | €390,000 | €400,000 | +€10,000 | +2.6% |
| Amounts receivable within one year | 40/41 | €270,517 | €481,673 | +€211,156 | +78.1% |
| Trade receivables | 40 | €206,578 | €37,102 | -€169,475 | -82.0% |
| Other amounts receivable | 41 | €63,940 | €444,571 | +€380,631 | +595% |
| Cash at bank and in hand | 54/58 | €19,982 | €13,198 | -€6,784 | -34.0% |
| Deferred charges and accrued income | 490/1 | €6,518 | €5,029 | -€1,488 | -22.8% |
| Total equity and liabilities | 10/49 | €3,322,204 | €3,551,854 | +€229,649 | +6.9% |
| Equity | 10/15 | €1,727,096 | €3,074,207 | +€1.3m | +78.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €1,687,096 | €3,034,207 | +€1.3m | +79.8% |
| Distributable reserves | 133 | €1,687,096 | €3,034,207 | +€1.3m | +79.8% |
| Amounts payable | 17/49 | €1,595,108 | €477,647 | -€1.1m | -70.1% |
| Amounts payable after more than one year | 17 | €1,112,450 | €81,546 | -€1.0m | -92.7% |
| Financial debts | 170/4 | €1,112,450 | €81,546 | -€1.0m | -92.7% |
| Amounts payable within one year | 42/48 | €456,530 | €377,019 | -€79,511 | -17.4% |
| Current portion of amounts payable after more than one year | 42 | €29,621 | €30,904 | +€1,284 | +4.3% |
| Financial debts | 43 | €127,107 | €69,505 | -€57,602 | -45.3% |
| Other loans | 439 | €127,107 | €69,505 | -€57,602 | -45.3% |
| Trade debts | 44 | €21,558 | €10,627 | -€10,931 | -50.7% |
| Suppliers | 440/4 | €21,558 | €10,627 | -€10,931 | -50.7% |
| Taxes, remuneration and social security | 45 | €14,289 | €133,434 | +€119,145 | +834% |
| Taxes | 450/3 | €1,046 | €114,430 | +€113,384 | +10,843% |
| Remuneration and social security | 454/9 | €13,243 | €19,004 | +€5,761 | +43.5% |
| Other amounts payable | 47/48 | €263,955 | €132,549 | -€131,406 | -49.8% |
| Accrued charges and deferred income | 492/3 | €26,129 | €19,082 | -€7,046 | -27.0% |
| Remuneration, social security and pensions | 62 | €113,942 | €123,899 | +€9,957 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,892 | €21,858 | -€15,034 | -40.8% |
| Other operating charges | 640/8 | €665 | €625 | -€40 | -6.0% |
| Gross operating margin | 9900 | €383,665 | €344,050 | -€39,615 | -10.3% |
| Operating profit (loss) | 9901 | €232,165 | €197,667 | -€34,498 | -14.9% |
| Financial income | 75/76B | €1,196 | €1,400,332 | +€1.4m | +116,941% |
| Recurring financial income | 75 | €361 | €1,400,034 | +€1.4m | +387,979% |
| Non-recurring financial income | 76B | €836 | €298 | -€537 | -64.3% |
| Financial charges | 65/66B | €71,000 | €91,280 | +€20,280 | +28.6% |
| Recurring financial charges | 65 | €71,000 | €91,280 | +€20,280 | +28.6% |
| Profit (loss) for the period before taxes | 9903 | €162,362 | €1,506,719 | +€1.3m | +828% |
| Income taxes | 67/77 | €44,441 | €157,808 | +€113,368 | +255% |
| Profit (loss) for the period | 9904 | €117,921 | €1,348,911 | +€1.2m | +1,044% |
| Profit (loss) for the period to be appropriated | 9905 | €117,921 | €1,348,911 | +€1.2m | +1,044% |
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 14 October 2026 via checked.be.