bPoint: 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.
bPoint
Largest movements
- Receivables after one year +€31,040
up €31,040 (+52.8%), from €58,787 to €89,826
- Receivables within one year +€23,445
up €23,445 (+13.3%), from €175,938 to €199,383
of which Trade receivables: +€16,273
- Cash -€15,237
down €15,237 (-28.5%), from €53,491 to €38,254
mainly Receivables after one year (-€31,040) and Receivables within one year (-€23,445)
- Tangible fixed assets -€13,342
down €13,342 (-38.6%), from €34,537 to €21,194
of which Furniture and vehicles: -€14,735
- Reserves +€34,865
up €34,865 (+12.8%), from €273,268 to €308,132
- Debts after one year -€10,620
down €10,620 (-79.9%), from €13,295 to €2,675
- Gross operating margin -€37,315
down €37,315 (-35.0%), from €106,502 to €69,187
- Taxes -€11,208
down €11,208 (-38.4%), from €29,210 to €18,002
- Staff costs -€1,682
no longer reported in 2025 (was €1,682)
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 | €329,899 | €356,446 | +€26,547 | +8.0% |
| Fixed assets | 21/28 | €34,537 | €21,194 | -€13,342 | -38.6% |
| Tangible fixed assets | 22/27 | €34,537 | €21,194 | -€13,342 | -38.6% |
| Land and buildings | 22 | €1,470 | €582 | -€889 | -60.4% |
| Plant, machinery and equipment | 23 | €288 | €2,570 | +€2,282 | +791.1% |
| Furniture and vehicles | 24 | €32,778 | €18,043 | -€14,735 | -45.0% |
| Current assets | 29/58 | €295,362 | €335,251 | +€39,889 | +13.5% |
| Amounts receivable after more than one year | 29 | €58,787 | €89,826 | +€31,040 | +52.8% |
| Other amounts receivable | 291 | €58,787 | €89,826 | +€31,040 | +52.8% |
| Amounts receivable within one year | 40/41 | €175,938 | €199,383 | +€23,445 | +13.3% |
| Trade receivables | 40 | €22,497 | €38,771 | +€16,273 | +72.3% |
| Other amounts receivable | 41 | €153,441 | €160,613 | +€7,172 | +4.7% |
| Cash at bank and in hand | 54/58 | €53,491 | €38,254 | -€15,237 | -28.5% |
| Deferred charges and accrued income | 490/1 | €7,146 | €7,787 | +€641 | +9.0% |
| Total equity and liabilities | 10/49 | €329,899 | €356,446 | +€26,547 | +8.0% |
| Equity | 10/15 | €279,468 | €314,332 | +€34,865 | +12.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €273,268 | €308,132 | +€34,865 | +12.8% |
| Distributable reserves | 133 | €273,268 | €308,132 | +€34,865 | +12.8% |
| Amounts payable | 17/49 | €50,431 | €42,113 | -€8,318 | -16.5% |
| Amounts payable after more than one year | 17 | €13,295 | €2,675 | -€10,620 | -79.9% |
| Financial debts | 170/4 | €13,295 | €2,675 | -€10,620 | -79.9% |
| Amounts payable within one year | 42/48 | €34,164 | €36,267 | +€2,103 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €10,493 | €10,620 | +€127 | +1.2% |
| Trade debts | 44 | €2,162 | €2,144 | -€18 | -0.9% |
| Suppliers | 440/4 | €2,162 | €2,144 | -€18 | -0.9% |
| Taxes, remuneration and social security | 45 | €21,509 | €23,503 | +€1,994 | +9.3% |
| Taxes | 450/3 | €21,509 | €23,503 | +€1,994 | +9.3% |
| Accrued charges and deferred income | 492/3 | €2,972 | €3,171 | +€199 | +6.7% |
| Remuneration, social security and pensions | 62 | €1,682 | - | -€1,682 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,898 | €15,845 | +€947 | +6.4% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €106,502 | €69,187 | -€37,315 | -35.0% |
| Operating profit (loss) | 9901 | €89,805 | €53,222 | -€36,582 | -40.7% |
| Financial charges | 65/66B | €425 | €356 | -€69 | -16.2% |
| Recurring financial charges | 65 | €425 | €356 | -€69 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €89,380 | €52,866 | -€36,513 | -40.9% |
| Income taxes | 67/77 | €29,210 | €18,002 | -€11,208 | -38.4% |
| Profit (loss) for the period | 9904 | €60,170 | €34,865 | -€25,305 | -42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €60,170 | €34,865 | -€25,305 | -42.1% |
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 7 October 2026 via checked.be.