BS & Co: 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 & Co
Largest movements
- Current investments +€37,672
up €37,672 (+50.9%), from €74,007 to €111,679
- Cash -€15,862
down €15,862 (-26.0%), from €61,065 to €45,204
mainly Current investments (-€37,672) and Investment in fixed assets (net) (-€22,108)
- Reserves +€32,738
up €32,738 (+14.6%), from €224,765 to €257,503
of which Distributable reserves: +€32,738
- Debts after one year -€12,425
down €12,425 (-37.2%), from €33,430 to €21,005
- Accrued charges and deferred income +€6,241
up €6,241 (+32.7%), from €19,088 to €25,329
- Current portion of long-term debt -€5,775
down €5,775 (-31.7%), from €18,200 to €12,425
- Financial income +€1,915
up €1,915 (+366%), from €523 to €2,438
- Depreciation +€1,580
up €1,580 (+7.6%), from €20,889 to €22,469
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 | €367,825 | €389,825 | +€22,000 | +6.0% |
| Fixed assets | 21/28 | €232,596 | €232,236 | -€360 | -0.2% |
| Tangible fixed assets | 22/27 | €74,158 | €73,798 | -€360 | -0.5% |
| Land and buildings | 22 | - | €19,704 | +€19,704 | |
| Furniture and vehicles | 24 | €74,158 | €54,094 | -€20,064 | -27.1% |
| Financial fixed assets | 28 | €158,438 | €158,438 | = | 0.0% |
| Current assets | 29/58 | €135,229 | €157,590 | +€22,361 | +16.5% |
| Amounts receivable within one year | 40/41 | €59 | €707 | +€648 | +1,106% |
| Trade receivables | 40 | €59 | €707 | +€648 | +1,106% |
| Current investments | 50/53 | €74,007 | €111,679 | +€37,672 | +50.9% |
| Cash at bank and in hand | 54/58 | €61,065 | €45,204 | -€15,862 | -26.0% |
| Deferred charges and accrued income | 490/1 | €98 | - | -€98 | |
| Total equity and liabilities | 10/49 | €367,825 | €389,825 | +€22,000 | +6.0% |
| Equity | 10/15 | €243,365 | €276,103 | +€32,738 | +13.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €224,765 | €257,503 | +€32,738 | +14.6% |
| 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 | €120 | €120 | = | 0.0% |
| Distributable reserves | 133 | €222,786 | €255,523 | +€32,738 | +14.7% |
| Amounts payable | 17/49 | €124,460 | €113,722 | -€10,738 | -8.6% |
| Amounts payable after more than one year | 17 | €33,430 | €21,005 | -€12,425 | -37.2% |
| Financial debts | 170/4 | €33,430 | €21,005 | -€12,425 | -37.2% |
| Amounts payable within one year | 42/48 | €71,942 | €67,389 | -€4,553 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €18,200 | €12,425 | -€5,775 | -31.7% |
| Trade debts | 44 | €863 | €1,131 | +€268 | +31.0% |
| Suppliers | 440/4 | €863 | €1,131 | +€268 | +31.0% |
| Taxes, remuneration and social security | 45 | €15,025 | €12,445 | -€2,580 | -17.2% |
| Taxes | 450/3 | €11,861 | €9,258 | -€2,604 | -21.9% |
| Remuneration and social security | 454/9 | €3,164 | €3,187 | +€23 | +0.7% |
| Other amounts payable | 47/48 | €37,854 | €41,388 | +€3,534 | +9.3% |
| Accrued charges and deferred income | 492/3 | €19,088 | €25,329 | +€6,241 | +32.7% |
| Non-recurring operating income | 76A | €10,000 | - | -€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,889 | €22,469 | +€1,580 | +7.6% |
| Other operating charges | 640/8 | €963 | €1,461 | +€498 | +51.7% |
| Gross operating margin | 9900 | €101,995 | €102,097 | +€102 | +0.1% |
| Operating profit (loss) | 9901 | €80,143 | €78,167 | -€1,976 | -2.5% |
| Financial income | 75/76B | €523 | €2,438 | +€1,915 | +366% |
| Recurring financial income | 75 | €523 | €2,438 | +€1,915 | +366% |
| Financial charges | 65/66B | €3,174 | €3,617 | +€443 | +13.9% |
| Recurring financial charges | 65 | €3,174 | €3,617 | +€443 | +13.9% |
| Profit (loss) for the period before taxes | 9903 | €77,491 | €76,988 | -€503 | -0.6% |
| Income taxes | 67/77 | €27,554 | €27,778 | +€224 | +0.8% |
| Profit (loss) for the period | 9904 | €49,937 | €49,210 | -€728 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,937 | €49,210 | -€728 | -1.5% |
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 16 October 2026 via checked.be.