BSB: 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.
BSB
Largest movements
- Stocks and contracts -€11,810
down €11,810 (-26.5%), from €44,580 to €32,770
- Cash +€5,043
up €5,043 (+981.4%), from €514 to €5,557
mainly Net result for the year (+€12,069) and Stocks and contracts (+€11,810)
- Receivables within one year -€1,776
down €1,776 (-4.9%), from €36,404 to €34,628
of which Other amounts receivable: -€5,831
- Other debts -€22,615
down €22,615 (-85.8%), from €26,366 to €3,751
- Reserves +€12,069
up €12,069 (+16.2%), from €74,525 to €86,594
of which Distributable reserves: +€12,069
- Tax, wage and social debts +€2,018
up €2,018 (+4.8%), from €42,181 to €44,199
of which Taxes: +€2,018
- Gross operating margin +€5,974
up €5,974 (+56.9%), from €10,506 to €16,479
- Taxes +€1,866
up €1,866 (+1222.5%), from €153 to €2,018
- Depreciation +€856
up €856 (+186.2%), from €460 to €1,316
- Other operating charges -€343
down €343 (-28.8%), from €1,188 to €845
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 | €158,979 | €150,607 | -€8,372 | -5.3% |
| Fixed assets | 21/28 | €76,769 | €75,452 | -€1,316 | -1.7% |
| Tangible fixed assets | 22/27 | €76,599 | €75,283 | -€1,316 | -1.7% |
| Plant, machinery and equipment | 23 | €1,955 | €1,718 | -€237 | -12.1% |
| Furniture and vehicles | 24 | €2,921 | €1,842 | -€1,079 | -37.0% |
| Assets under construction and advance payments | 27 | €71,723 | €71,723 | = | 0.0% |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €82,210 | €75,154 | -€7,056 | -8.6% |
| Stocks and contracts in progress | 3 | €44,580 | €32,770 | -€11,810 | -26.5% |
| Stocks | 30/36 | €44,580 | €32,770 | -€11,810 | -26.5% |
| Amounts receivable within one year | 40/41 | €36,404 | €34,628 | -€1,776 | -4.9% |
| Trade receivables | 40 | €27,126 | €31,182 | +€4,055 | +14.9% |
| Other amounts receivable | 41 | €9,277 | €3,446 | -€5,831 | -62.9% |
| Cash at bank and in hand | 54/58 | €514 | €5,557 | +€5,043 | +981.4% |
| Deferred charges and accrued income | 490/1 | €713 | €2,200 | +€1,487 | +208.7% |
| Total equity and liabilities | 10/49 | €158,979 | €150,607 | -€8,372 | -5.3% |
| Equity | 10/15 | €80,725 | €92,794 | +€12,069 | +15.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €74,525 | €86,594 | +€12,069 | +16.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €72,665 | €84,734 | +€12,069 | +16.6% |
| Amounts payable | 17/49 | €78,253 | €57,812 | -€20,441 | -26.1% |
| Amounts payable within one year | 42/48 | €76,869 | €56,427 | -€20,441 | -26.6% |
| Trade debts | 44 | €8,322 | €8,477 | +€155 | +1.9% |
| Suppliers | 440/4 | €8,322 | €8,477 | +€155 | +1.9% |
| Taxes, remuneration and social security | 45 | €42,181 | €44,199 | +€2,018 | +4.8% |
| Taxes | 450/3 | €272 | €2,290 | +€2,018 | +741.5% |
| Remuneration and social security | 454/9 | €41,909 | €41,909 | = | 0.0% |
| Other amounts payable | 47/48 | €26,366 | €3,751 | -€22,615 | -85.8% |
| Accrued charges and deferred income | 492/3 | €1,385 | €1,385 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €460 | €1,316 | +€856 | +186.2% |
| Other operating charges | 640/8 | €1,188 | €845 | -€343 | -28.8% |
| Gross operating margin | 9900 | €10,506 | €16,479 | +€5,974 | +56.9% |
| Operating profit (loss) | 9901 | €8,858 | €14,318 | +€5,460 | +61.6% |
| Financial charges | 65/66B | €245 | €231 | -€14 | -5.6% |
| Recurring financial charges | 65 | €245 | €231 | -€14 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €8,614 | €14,087 | +€5,473 | +63.5% |
| Income taxes | 67/77 | €153 | €2,018 | +€1,866 | +1222.5% |
| Profit (loss) for the period | 9904 | €8,461 | €12,069 | +€3,608 | +42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,461 | €12,069 | +€3,608 | +42.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.