BPSC: 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.
What changed
BPSC
NACE 85.531, Driving schools for cars and motorcycles
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€138,816
2024 · €80,899+€57,917
Equity
€421,729
2024 · €282,897+€138,832
Cash
€288,158
2024 · €167,342+€120,816
Balance sheet total
€763,740
2024 · €463,756+€299,984
Largest movements
Assets
- Tangible fixed assets +€140,688
up €140,688 (+83.6%), from €168,234 to €308,922
of which Land and buildings: +€191,679
- Cash +€120,816
up €120,816 (+72.2%), from €167,342 to €288,158
mainly Net result for the year (+€138,816) and Debts after one year (+€98,272)
- Deferred charges and accrued income +€60,361
up €60,361 (+1753.7%), from €3,442 to €63,803
- Current investments -€20,000
down €20,000 (-20.0%), from €100,000 to €80,000
Equity and liabilities
- Profit (loss) carried forward +€139,021
up €139,021 (+53.9%), from €257,707 to €396,728
- Debts after one year +€98,272
up €98,272 (+2067.9%), from €4,752 to €103,024
- Tax, wage and social debts +€28,885
up €28,885 (+170.7%), from €16,922 to €45,807
of which Taxes: +€28,778
- Advances received +€26,952
up €26,952 (+50.2%), from €53,706 to €80,659
Income statement
- Gross operating margin +€81,938
up €81,938 (+37.9%), from €216,203 to €298,141
- Taxes +€23,188
up €23,188 (+118.1%), from €19,631 to €42,819
- Write-downs +€8,175
new in 2025: €8,175
- Other operating charges -€5,286
down €5,286 (-44.5%), from €11,886 to €6,600
- Financial charges +€4,202
up €4,202 (+240.2%), from €1,749 to €5,951
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.
Result 2024
€80,899
Gross operating margin
+€81,938
Staff costs
+€1,716
Depreciation
-€1,224
Write-downs
-€8,175
Other operating charges
+€5,286
Other operating items
+€5,000
Financial income
+€766
Financial charges
-€4,202
Taxes
-€23,188
Result 2025
€138,816
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.
From operations
+€203,496
Investment
-€186,979
Financing
+€104,299
Cash 2024
€167,342
From operations (derived)
+€203,496
Net result for the year
+€138,816
Depreciation
+€66,369
Receivables within one year
+€1,803
Deferred charges and accrued income
-€60,361
Smaller working-capital items
-€383
Trade debts
-€3,385
Tax, wage and social debts
+€28,885
Advances received
+€26,952
Accrued charges and deferred income
+€4,800
Investment (derived)
-€186,979
Investment in fixed assets (net)
-€206,979
Current investments
+€20,000
Financing
+€104,299
Debts after one year
+€98,272
Current portion of long-term debt
+€6,031
Short-term financial debts
-€20
Contributions, distributions and other
+€16
Cash 2025
€288,158
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €463,756 | €763,740 | +€299,984 | +64.7% |
| Fixed assets | 21/28 | €169,031 | €309,641 | +€140,610 | +83.2% |
| Intangible fixed assets | 21 | €77 | - | -€77 | |
| Tangible fixed assets | 22/27 | €168,234 | €308,922 | +€140,688 | +83.6% |
| Land and buildings | 22 | €58,768 | €250,447 | +€191,679 | +326.2% |
| Plant, machinery and equipment | 23 | €6,889 | €2,252 | -€4,637 | -67.3% |
| Furniture and vehicles | 24 | €102,577 | €56,223 | -€46,354 | -45.2% |
| Financial fixed assets | 28 | €719 | €719 | = | 0.0% |
| Current assets | 29/58 | €294,725 | €454,099 | +€159,374 | +54.1% |
| Amounts receivable within one year | 40/41 | €23,942 | €22,139 | -€1,803 | -7.5% |
| Trade receivables | 40 | €19,899 | €12,066 | -€7,833 | -39.4% |
| Other amounts receivable | 41 | €4,043 | €10,073 | +€6,030 | +149.1% |
| Current investments | 50/53 | €100,000 | €80,000 | -€20,000 | -20.0% |
| Cash at bank and in hand | 54/58 | €167,342 | €288,158 | +€120,816 | +72.2% |
| Deferred charges and accrued income | 490/1 | €3,442 | €63,803 | +€60,361 | +1753.7% |
| Total equity and liabilities | 10/49 | €463,756 | €763,740 | +€299,984 | +64.7% |
| Equity | 10/15 | €282,897 | €421,729 | +€138,832 | +49.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,590 | €6,401 | -€189 | -2.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,730 | €4,541 | -€189 | -4.0% |
| Profit (loss) carried forward | 14 | €257,707 | €396,728 | +€139,021 | +53.9% |
| Provisions and deferred taxes | 16 | €8,991 | €8,975 | -€16 | -0.2% |
| Provisions for liabilities and charges | 160/5 | €8,591 | €8,591 | = | 0.0% |
| Pensions and similar obligations | 160 | €7,091 | €7,091 | = | 0.0% |
| Other liabilities and charges | 164/5 | €1,500 | €1,500 | = | 0.0% |
| Deferred taxes | 168 | €400 | €384 | -€16 | -4.0% |
| Amounts payable | 17/49 | €171,868 | €333,037 | +€161,168 | +93.8% |
| Amounts payable after more than one year | 17 | €4,752 | €103,024 | +€98,272 | +2067.9% |
| Financial debts | 170/4 | €4,752 | €103,024 | +€98,272 | +2067.9% |
| Amounts payable within one year | 42/48 | €161,916 | €220,013 | +€58,097 | +35.9% |
| Current portion of amounts payable after more than one year | 42 | €3,396 | €9,427 | +€6,031 | +177.6% |
| Financial debts | 43 | €20 | - | -€20 | |
| Credit institutions | 430/8 | €20 | - | -€20 | |
| Trade debts | 44 | €52,818 | €49,433 | -€3,385 | -6.4% |
| Suppliers | 440/4 | €52,818 | €49,433 | -€3,385 | -6.4% |
| Advances received on contracts in progress | 46 | €53,706 | €80,659 | +€26,952 | +50.2% |
| Taxes, remuneration and social security | 45 | €16,922 | €45,807 | +€28,885 | +170.7% |
| Taxes | 450/3 | €11,073 | €39,851 | +€28,778 | +259.9% |
| Remuneration and social security | 454/9 | €5,849 | €5,956 | +€108 | +1.8% |
| Other amounts payable | 47/48 | €35,054 | €34,687 | -€367 | -1.0% |
| Accrued charges and deferred income | 492/3 | €5,200 | €10,000 | +€4,800 | +92.3% |
| Non-recurring operating income | 76A | - | €68,170 | +€68,170 | |
| Remuneration, social security and pensions | 62 | €31,893 | €30,177 | -€1,716 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,145 | €66,369 | +€1,224 | +1.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,175 | +€8,175 | |
| Other operating charges | 640/8 | €11,886 | €6,600 | -€5,286 | -44.5% |
| Non-recurring operating charges | 66A | €5,000 | - | -€5,000 | |
| Gross operating margin | 9900 | €216,203 | €298,141 | +€81,938 | +37.9% |
| Operating profit (loss) | 9901 | €102,279 | €186,820 | +€84,541 | +82.7% |
| Financial income | 75/76B | - | €766 | +€766 | |
| Recurring financial income | 75 | - | €766 | +€766 | |
| Financial charges | 65/66B | €1,749 | €5,951 | +€4,202 | +240.2% |
| Recurring financial charges | 65 | €1,749 | €5,951 | +€4,202 | +240.2% |
| Profit (loss) for the period before taxes | 9903 | €100,530 | €181,635 | +€81,105 | +80.7% |
| Income taxes | 67/77 | €19,631 | €42,819 | +€23,188 | +118.1% |
| Profit (loss) for the period | 9904 | €80,899 | €138,816 | +€57,917 | +71.6% |
| Transfer from tax-exempt reserves | 789 | - | €205 | +€205 | |
| Transfer to tax-exempt reserves | 689 | €1,968 | - | -€1,968 | |
| Profit (loss) for the period to be appropriated | 9905 | €78,931 | €139,021 | +€60,091 | +76.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.