BS CAR: 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.
BS CAR
Largest movements
- Cash +€2,295
up €2,295 (+25.6%), from €8,965 to €11,260
mainly Net result for the year (+€9,221) and Stocks and contracts (+€1,150)
- Stocks and contracts -€1,150
down €1,150 (-5.1%), from €22,383 to €21,233
- Receivables within one year +€954
up €954 (+8.9%), from €10,680 to €11,635
- Profit (loss) carried forward +€9,221
up €9,221 (+45.6%), from -€20,241 to -€11,020
- Trade debts -€4,617
down €4,617 (-40.9%), from €11,298 to €6,681
- Other debts -€3,318
down €3,318 (-11.8%), from €28,015 to €24,698
- Tax, wage and social debts +€703
up €703 (+24.1%), from €2,923 to €3,626
- Gross operating margin +€908
up €908 (+9.5%), from €9,520 to €10,428
- Other operating charges -€431
down €431 (-37.8%), from €1,138 to €708
- Financial charges -€372
down €372 (-53.5%), from €695 to €324
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 | €42,996 | €44,985 | +€1,989 | +4.6% |
| Current assets | 29/58 | €42,996 | €44,985 | +€1,989 | +4.6% |
| Stocks and contracts in progress | 3 | €22,383 | €21,233 | -€1,150 | -5.1% |
| Stocks | 30/36 | €22,383 | €21,233 | -€1,150 | -5.1% |
| Amounts receivable within one year | 40/41 | €10,680 | €11,635 | +€954 | +8.9% |
| Trade receivables | 40 | €10,680 | €11,635 | +€954 | +8.9% |
| Cash at bank and in hand | 54/58 | €8,965 | €11,260 | +€2,295 | +25.6% |
| Deferred charges and accrued income | 490/1 | €967 | €857 | -€110 | -11.4% |
| Total equity and liabilities | 10/49 | €42,996 | €44,985 | +€1,989 | +4.6% |
| Equity | 10/15 | -€1,241 | €7,980 | +€9,221 | |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Contributions outside capital | 11 | €19,000 | - | -€19,000 | |
| Other | 1109/19 | €19,000 | - | -€19,000 | |
| Profit (loss) carried forward | 14 | -€20,241 | -€11,020 | +€9,221 | +45.6% |
| Amounts payable | 17/49 | €44,237 | €37,005 | -€7,232 | -16.3% |
| Amounts payable within one year | 42/48 | €44,237 | €37,005 | -€7,232 | -16.3% |
| Trade debts | 44 | €11,298 | €6,681 | -€4,617 | -40.9% |
| Suppliers | 440/4 | €11,298 | €6,681 | -€4,617 | -40.9% |
| Advances received on contracts in progress | 46 | €2,000 | €2,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,923 | €3,626 | +€703 | +24.1% |
| Taxes | 450/3 | €2,923 | €3,626 | +€703 | +24.1% |
| Other amounts payable | 47/48 | €28,015 | €24,698 | -€3,318 | -11.8% |
| Other operating charges | 640/8 | €1,138 | €708 | -€431 | -37.8% |
| Gross operating margin | 9900 | €9,520 | €10,428 | +€908 | +9.5% |
| Operating profit (loss) | 9901 | €8,381 | €9,721 | +€1,339 | +16.0% |
| Financial charges | 65/66B | €695 | €324 | -€372 | -53.5% |
| Recurring financial charges | 65 | €695 | €324 | -€372 | -53.5% |
| Profit (loss) for the period before taxes | 9903 | €7,686 | €9,397 | +€1,711 | +22.3% |
| Income taxes | 67/77 | €175 | €176 | +€1 | +0.8% |
| Profit (loss) for the period | 9904 | €7,512 | €9,221 | +€1,709 | +22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,512 | €9,221 | +€1,709 | +22.8% |
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 10 October 2026 via checked.be.