BS-Entreprise: what changed
BS-Entreprise
Largest movements
- Receivables within one year +€237,112
up €237,112 (+337%), from €70,327 to €307,439
of which Trade receivables: +€210,569
- Cash -€213,674
down €213,674 (-98.0%), from €217,996 to €4,322
mainly Receivables within one year (-€237,112) and Advances received (-€150,407)
- Tangible fixed assets -€74,932
down €74,932 (-18.1%), from €414,082 to €339,150
of which Leasing and similar rights: -€52,686
- Deferred charges and accrued income +€7,281
up €7,281 (+139%), from €5,234 to €12,515
- Advances received -€150,407
down €150,407 (-96.8%), from €155,407 to €5,000
- Trade debts +€72,381
up €72,381 (+87.7%), from €82,574 to €154,955
- Tax, wage and social debts +€69,919
up €69,919 (+236%), from €29,633 to €99,552
of which Taxes: +€66,840
- Debts after one year -€57,904
down €57,904 (-17.6%), from €329,929 to €272,025
- Profit (loss) carried forward +€20,187
up €20,187 (+58.9%), from €34,303 to €54,490
- Depreciation +€26,231
up €26,231 (+48.2%), from €54,421 to €80,652
- Staff costs +€22,680
up €22,680 (+8,914%), from €254 to €22,934
- Gross operating margin +€8,122
up €8,122 (+5.7%), from €142,238 to €150,360
- Financial charges +€2,317
up €2,317 (+22.2%), from €10,414 to €12,730
- Taxes +€1,956
up €1,956 (+27.3%), from €7,166 to €9,122
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €707,639 | €663,926 | -€43,713 | -6.2% |
| Fixed assets | 21/28 | €414,082 | €339,650 | -€74,432 | -18.0% |
| Tangible fixed assets | 22/27 | €414,082 | €339,150 | -€74,932 | -18.1% |
| Land and buildings | 22 | €149,978 | €136,985 | -€12,993 | -8.7% |
| Plant, machinery and equipment | 23 | €13,615 | €9,899 | -€3,716 | -27.3% |
| Furniture and vehicles | 24 | €15,517 | €9,981 | -€5,536 | -35.7% |
| Leasing and similar rights | 25 | €234,972 | €182,285 | -€52,686 | -22.4% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €293,557 | €324,276 | +€30,719 | +10.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €70,327 | €307,439 | +€237,112 | +337% |
| Trade receivables | 40 | €70,322 | €280,890 | +€210,569 | +299% |
| Other amounts receivable | 41 | €5 | €26,549 | +€26,543 | +505,586% |
| Cash at bank and in hand | 54/58 | €217,996 | €4,322 | -€213,674 | -98.0% |
| Deferred charges and accrued income | 490/1 | €5,234 | €12,515 | +€7,281 | +139% |
| Total equity and liabilities | 10/49 | €707,639 | €663,926 | -€43,713 | -6.2% |
| Equity | 10/15 | €54,303 | €74,490 | +€20,187 | +37.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,303 | €54,490 | +€20,187 | +58.9% |
| Amounts payable | 17/49 | €653,336 | €589,436 | -€63,900 | -9.8% |
| Amounts payable after more than one year | 17 | €329,929 | €272,025 | -€57,904 | -17.6% |
| Financial debts | 170/4 | €329,929 | €272,025 | -€57,904 | -17.6% |
| Amounts payable within one year | 42/48 | €323,407 | €317,411 | -€5,996 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €55,793 | €57,904 | +€2,110 | +3.8% |
| Trade debts | 44 | €82,574 | €154,955 | +€72,381 | +87.7% |
| Suppliers | 440/4 | €82,574 | €154,955 | +€72,381 | +87.7% |
| Advances received on contracts in progress | 46 | €155,407 | €5,000 | -€150,407 | -96.8% |
| Taxes, remuneration and social security | 45 | €29,633 | €99,552 | +€69,919 | +236% |
| Taxes | 450/3 | €29,633 | €96,473 | +€66,840 | +226% |
| Remuneration and social security | 454/9 | - | €3,079 | +€3,079 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €254 | €22,934 | +€22,680 | +8,914% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,421 | €80,652 | +€26,231 | +48.2% |
| Other operating charges | 640/8 | €5,037 | €4,304 | -€734 | -14.6% |
| Non-recurring operating charges | 66A | €315 | €250 | -€65 | -20.6% |
| Gross operating margin | 9900 | €142,238 | €150,360 | +€8,122 | +5.7% |
| Operating profit (loss) | 9901 | €82,210 | €42,220 | -€39,990 | -48.6% |
| Financial income | 75/76B | - | €719 | +€719 | |
| Recurring financial income | 75 | - | €719 | +€719 | |
| Financial charges | 65/66B | €10,414 | €12,730 | +€2,317 | +22.2% |
| Recurring financial charges | 65 | €10,414 | €12,730 | +€2,317 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | €71,796 | €30,208 | -€41,588 | -57.9% |
| Income taxes | 67/77 | €7,166 | €9,122 | +€1,956 | +27.3% |
| Profit (loss) for the period | 9904 | €64,630 | €21,086 | -€43,545 | -67.4% |
| Profit (loss) for the period to be appropriated | 9905 | €64,630 | €21,086 | -€43,545 | -67.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.