BSBC: 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.
BSBC
Largest movements
- Cash +€28,430
up €28,430 (+752.3%), from €3,779 to €32,209
mainly Other debts (+€36,960) and Trade debts (+€31,187)
- Receivables within one year +€22,322
up €22,322 (+118.0%), from €18,911 to €41,233
of which Trade receivables: +€28,272
- Tangible fixed assets -€11,250
down €11,250 (-4.7%), from €238,125 to €226,875
- Other debts +€36,960
up €36,960 (+166.5%), from €22,200 to €59,160
- Trade debts +€31,187
up €31,187 (+161.0%), from €19,368 to €50,555
- Debts after one year -€23,210
down €23,210 (-19.8%), from €117,464 to €94,254
- Tax, wage and social debts -€9,323
down €9,323 (-45.7%), from €20,390 to €11,066
of which Taxes: -€7,858
- Reserves +€4,400
up €4,400 (+9.8%), from €44,900 to €49,300
- Gross operating margin -€71,541
down €71,541 (-73.2%), from €97,698 to €26,157
- Staff costs -€64,803
down €64,803, from €64,209 to -€594
- Taxes -€2,937
down €2,937 (-57.1%), from €5,145 to €2,208
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 | €260,876 | €300,377 | +€39,502 | +15.1% |
| Fixed assets | 21/28 | €238,185 | €226,935 | -€11,250 | -4.7% |
| Tangible fixed assets | 22/27 | €238,125 | €226,875 | -€11,250 | -4.7% |
| Land and buildings | 22 | €238,125 | €226,875 | -€11,250 | -4.7% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €22,691 | €73,442 | +€50,752 | +223.7% |
| Amounts receivable within one year | 40/41 | €18,911 | €41,233 | +€22,322 | +118.0% |
| Trade receivables | 40 | €12,961 | €41,233 | +€28,272 | +218.1% |
| Other amounts receivable | 41 | €5,950 | €0 | -€5,950 | -100.0% |
| Cash at bank and in hand | 54/58 | €3,779 | €32,209 | +€28,430 | +752.3% |
| Total equity and liabilities | 10/49 | €260,876 | €300,377 | +€39,502 | +15.1% |
| Equity | 10/15 | €57,502 | €61,919 | +€4,417 | +7.7% |
| Contributions | 10/11 | €12,425 | €12,425 | = | 0.0% |
| Reserves | 13 | €44,900 | €49,300 | +€4,400 | +9.8% |
| Distributable reserves | 133 | €44,900 | €49,300 | +€4,400 | +9.8% |
| Profit (loss) carried forward | 14 | €177 | €194 | +€17 | +9.9% |
| Amounts payable | 17/49 | €203,374 | €238,458 | +€35,084 | +17.3% |
| Amounts payable after more than one year | 17 | €117,464 | €94,254 | -€23,210 | -19.8% |
| Financial debts | 170/4 | €117,464 | €94,254 | -€23,210 | -19.8% |
| Amounts payable within one year | 42/48 | €85,674 | €144,204 | +€58,530 | +68.3% |
| Current portion of amounts payable after more than one year | 42 | €23,716 | €23,422 | -€293 | -1.2% |
| Trade debts | 44 | €19,368 | €50,555 | +€31,187 | +161.0% |
| Suppliers | 440/4 | €19,368 | €50,555 | +€31,187 | +161.0% |
| Taxes, remuneration and social security | 45 | €20,390 | €11,066 | -€9,323 | -45.7% |
| Taxes | 450/3 | €18,924 | €11,066 | -€7,858 | -41.5% |
| Remuneration and social security | 454/9 | €1,466 | €0 | -€1,466 | -100.0% |
| Other amounts payable | 47/48 | €22,200 | €59,160 | +€36,960 | +166.5% |
| Accrued charges and deferred income | 492/3 | €236 | €0 | -€236 | -100.0% |
| Remuneration, social security and pensions | 62 | €64,209 | -€594 | -€64,803 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,250 | €11,250 | = | 0.0% |
| Other operating charges | 640/8 | €6,299 | €6,333 | +€34 | +0.5% |
| Gross operating margin | 9900 | €97,698 | €26,157 | -€71,541 | -73.2% |
| Operating profit (loss) | 9901 | €15,940 | €9,168 | -€6,772 | -42.5% |
| Financial income | 75/76B | €150 | - | -€150 | |
| Recurring financial income | 75 | €150 | - | -€150 | |
| Financial charges | 65/66B | €2,358 | €2,542 | +€184 | +7.8% |
| Recurring financial charges | 65 | €2,358 | €2,542 | +€184 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €13,732 | €6,626 | -€7,106 | -51.7% |
| Income taxes | 67/77 | €5,145 | €2,208 | -€2,937 | -57.1% |
| Profit (loss) for the period | 9904 | €8,587 | €4,417 | -€4,169 | -48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,587 | €4,417 | -€4,169 | -48.6% |
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 8 October 2026 via checked.be.