BPS: 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.
BPS
Largest movements
- Receivables within one year +€459,455
up €459,455 (+103.4%), from €444,157 to €903,612
of which Trade receivables: +€417,873
- Cash -€357,731
down €357,731 (-79.6%), from €449,500 to €91,769
mainly Receivables within one year (-€459,455) and Contributions, distributions and other (-€165,000)
- Tangible fixed assets -€72,600
down €72,600 (-16.9%), from €428,476 to €355,876
- Debts after one year -€87,492
down €87,492 (-40.2%), from €217,835 to €130,343
- Trade debts +€71,785
up €71,785 (+31.0%), from €231,332 to €303,117
- Other debts +€69,497
up €69,497 (+356.1%), from €19,516 to €89,012
- Tax, wage and social debts -€15,329
down €15,329 (-35.1%), from €43,669 to €28,340
of which Taxes: -€15,400
- Gross operating margin -€225,712
down €225,712 (-39.4%), from €573,457 to €347,745
- Taxes -€69,028
down €69,028 (-59.8%), from €115,525 to €46,496
- Depreciation +€18,210
up €18,210 (+33.5%), from €54,391 to €72,600
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 | €1,329,957 | €1,360,493 | +€30,536 | +2.3% |
| Fixed assets | 21/28 | €428,476 | €355,876 | -€72,600 | -16.9% |
| Tangible fixed assets | 22/27 | €428,476 | €355,876 | -€72,600 | -16.9% |
| Furniture and vehicles | 24 | €428,476 | €355,876 | -€72,600 | -16.9% |
| Current assets | 29/58 | €901,482 | €1,004,617 | +€103,136 | +11.4% |
| Amounts receivable within one year | 40/41 | €444,157 | €903,612 | +€459,455 | +103.4% |
| Trade receivables | 40 | €259,230 | €677,103 | +€417,873 | +161.2% |
| Other amounts receivable | 41 | €184,927 | €226,509 | +€41,582 | +22.5% |
| Cash at bank and in hand | 54/58 | €449,500 | €91,769 | -€357,731 | -79.6% |
| Deferred charges and accrued income | 490/1 | €7,825 | €9,236 | +€1,412 | +18.0% |
| Total equity and liabilities | 10/49 | €1,329,957 | €1,360,493 | +€30,536 | +2.3% |
| Equity | 10/15 | €732,312 | €722,188 | -€10,124 | -1.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €657,312 | €647,188 | -€10,124 | -1.5% |
| Tax-exempt reserves | 132 | €231,550 | €126,300 | -€105,250 | -45.5% |
| Distributable reserves | 133 | €425,762 | €520,888 | +€95,126 | +22.3% |
| Amounts payable | 17/49 | €597,645 | €638,305 | +€40,659 | +6.8% |
| Amounts payable after more than one year | 17 | €217,835 | €130,343 | -€87,492 | -40.2% |
| Financial debts | 170/4 | €217,835 | €130,343 | -€87,492 | -40.2% |
| Amounts payable within one year | 42/48 | €379,810 | €507,962 | +€128,152 | +33.7% |
| Current portion of amounts payable after more than one year | 42 | €85,294 | €87,492 | +€2,199 | +2.6% |
| Trade debts | 44 | €231,332 | €303,117 | +€71,785 | +31.0% |
| Suppliers | 440/4 | €231,332 | €303,117 | +€71,785 | +31.0% |
| Taxes, remuneration and social security | 45 | €43,669 | €28,340 | -€15,329 | -35.1% |
| Taxes | 450/3 | €41,500 | €26,100 | -€15,400 | -37.1% |
| Remuneration and social security | 454/9 | €2,169 | €2,240 | +€71 | +3.3% |
| Other amounts payable | 47/48 | €19,516 | €89,012 | +€69,497 | +356.1% |
| Non-recurring operating income | 76A | €235,763 | - | -€235,763 | |
| Remuneration, social security and pensions | 62 | €60,283 | €64,901 | +€4,619 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,391 | €72,600 | +€18,210 | +33.5% |
| Other operating charges | 640/8 | €1,733 | €1,808 | +€75 | +4.3% |
| Gross operating margin | 9900 | €573,457 | €347,745 | -€225,712 | -39.4% |
| Operating profit (loss) | 9901 | €457,051 | €208,435 | -€248,615 | -54.4% |
| Financial income | 75/76B | - | €977 | +€977 | |
| Recurring financial income | 75 | - | €977 | +€977 | |
| Financial charges | 65/66B | €8,280 | €8,040 | -€240 | -2.9% |
| Recurring financial charges | 65 | €8,280 | €8,040 | -€240 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €448,771 | €201,373 | -€247,398 | -55.1% |
| Income taxes | 67/77 | €115,525 | €46,496 | -€69,028 | -59.8% |
| Profit (loss) for the period | 9904 | €333,246 | €154,876 | -€178,370 | -53.5% |
| Profit (loss) for the period to be appropriated | 9905 | €333,246 | €154,876 | -€178,370 | -53.5% |
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 9 October 2026 via checked.be.