BSB: 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.
BSB
Largest movements
- Tangible fixed assets +€249,232
up €249,232 (+6267.8%), from €3,976 to €253,208
of which Land and buildings: +€249,282
- Receivables within one year -€42,778
down €42,778 (-89.3%), from €47,905 to €5,126
of which Trade receivables: -€42,552
- Cash -€7,227
down €7,227 (-18.7%), from €38,553 to €31,326
mainly Investment in fixed assets (net) (-€251,413) and Net result for the year (-€23,004)
- Debts after one year +€220,000
up €220,000 (+846.2%), from €26,000 to €246,000
of which Other amounts payable: +€220,000
- Profit (loss) carried forward -€23,004
down €23,004 (-14.8%), from -€155,483 to -€178,487
- Trade debts -€6,764
down €6,764 (-59.3%), from €11,398 to €4,634
- Accrued charges and deferred income +€4,573
new in 2025: €4,573
- Other debts +€4,449
up €4,449 (+880.1%), from €506 to €4,955
- Gross operating margin -€24,067
down €24,067, from €3,573 to -€20,494
- Depreciation +€1,426
up €1,426 (+188.9%), from €755 to €2,181
- Other operating charges -€237
down €237 (-58.3%), from €406 to €169
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 | €92,881 | €292,134 | +€199,254 | +214.5% |
| Fixed assets | 21/28 | €4,111 | €253,343 | +€249,232 | +6062.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €3,976 | €253,208 | +€249,232 | +6267.8% |
| Land and buildings | 22 | - | €249,282 | +€249,282 | |
| Plant, machinery and equipment | 23 | €0 | €1,549 | +€1,549 | |
| Furniture and vehicles | 24 | €3,976 | €2,377 | -€1,599 | -40.2% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €88,769 | €38,791 | -€49,978 | -56.3% |
| Stocks and contracts in progress | 3 | €2,283 | €2,283 | = | 0.0% |
| Stocks | 30/36 | €2,283 | €2,283 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €47,905 | €5,126 | -€42,778 | -89.3% |
| Trade receivables | 40 | €46,968 | €4,415 | -€42,552 | -90.6% |
| Other amounts receivable | 41 | €937 | €711 | -€226 | -24.1% |
| Cash at bank and in hand | 54/58 | €38,553 | €31,326 | -€7,227 | -18.7% |
| Deferred charges and accrued income | 490/1 | €29 | €56 | +€27 | +95.5% |
| Total equity and liabilities | 10/49 | €92,881 | €292,134 | +€199,254 | +214.5% |
| Equity | 10/15 | €54,977 | €31,973 | -€23,004 | -41.8% |
| Contributions | 10/11 | €208,600 | €208,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€155,483 | -€178,487 | -€23,004 | -14.8% |
| Amounts payable | 17/49 | €37,904 | €260,161 | +€222,258 | +586.4% |
| Amounts payable after more than one year | 17 | €26,000 | €246,000 | +€220,000 | +846.2% |
| Financial debts | 170/4 | €26,000 | €26,000 | = | 0.0% |
| Other amounts payable | 178/9 | - | €220,000 | +€220,000 | |
| Amounts payable within one year | 42/48 | €11,904 | €9,589 | -€2,315 | -19.4% |
| Trade debts | 44 | €11,398 | €4,634 | -€6,764 | -59.3% |
| Suppliers | 440/4 | €11,398 | €4,634 | -€6,764 | -59.3% |
| Other amounts payable | 47/48 | €506 | €4,955 | +€4,449 | +880.1% |
| Accrued charges and deferred income | 492/3 | - | €4,573 | +€4,573 | |
| Non-recurring operating income | 76A | €800 | - | -€800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €755 | €2,181 | +€1,426 | +188.9% |
| Other operating charges | 640/8 | €406 | €169 | -€237 | -58.3% |
| Gross operating margin | 9900 | €3,573 | -€20,494 | -€24,067 | |
| Operating profit (loss) | 9901 | €2,412 | -€22,844 | -€25,256 | |
| Financial income | 75/76B | €40 | €1 | -€40 | -98.2% |
| Recurring financial income | 75 | €40 | €1 | -€40 | -98.2% |
| Financial charges | 65/66B | €327 | €161 | -€167 | -50.9% |
| Recurring financial charges | 65 | €327 | €161 | -€167 | -50.9% |
| Profit (loss) for the period before taxes | 9903 | €2,125 | -€23,004 | -€25,129 | |
| Profit (loss) for the period | 9904 | €2,125 | -€23,004 | -€25,129 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,125 | -€23,004 | -€25,129 |
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 12 October 2026 via checked.be.