BSF BUILDING: 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.
BSF BUILDING
Largest movements
- Cash -€13,436
down €13,436 (-88.6%), from €15,163 to €1,726
mainly Debts after one year (-€6,000) and Trade debts (-€5,569)
- Tangible fixed assets -€8,527
down €8,527 (-21.5%), from €39,719 to €31,192
of which Furniture and vehicles: -€8,231
- Receivables within one year +€2,952
up €2,952 (+13.8%), from €21,393 to €24,344
of which Other amounts receivable: +€4,154
- Deferred charges and accrued income -€1,590
down €1,590 (-94.8%), from €1,677 to €87
- Debts after one year -€6,000
down €6,000 (-30.0%), from €20,000 to €14,000
- Trade debts -€5,569
down €5,569 (-70.2%), from €7,937 to €2,368
- Other debts -€3,552
no longer reported in 2025 (was €3,552)
- Short-term financial debts -€2,444
down €2,444 (-28.9%), from €8,444 to €6,000
- Accrued charges and deferred income -€1,804
no longer reported in 2025 (was €1,804)
- Depreciation +€1,758
up €1,758 (+17.2%), from €10,224 to €11,982
- Gross operating margin -€1,727
down €1,727 (-11.8%), from €14,618 to €12,891
- Taxes +€686
up €686 (+905.6%), from €76 to €761
- Financial charges -€683
down €683 (-50.3%), from €1,358 to €675
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 | €87,952 | €67,350 | -€20,602 | -23.4% |
| Fixed assets | 21/28 | €49,719 | €41,192 | -€8,527 | -17.2% |
| Tangible fixed assets | 22/27 | €39,719 | €31,192 | -€8,527 | -21.5% |
| Plant, machinery and equipment | 23 | €2,960 | €2,664 | -€296 | -10.0% |
| Furniture and vehicles | 24 | €36,759 | €28,528 | -€8,231 | -22.4% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €38,233 | €26,158 | -€12,075 | -31.6% |
| Amounts receivable within one year | 40/41 | €21,393 | €24,344 | +€2,952 | +13.8% |
| Trade receivables | 40 | €19,845 | €18,642 | -€1,203 | -6.1% |
| Other amounts receivable | 41 | €1,548 | €5,702 | +€4,154 | +268.4% |
| Cash at bank and in hand | 54/58 | €15,163 | €1,726 | -€13,436 | -88.6% |
| Deferred charges and accrued income | 490/1 | €1,677 | €87 | -€1,590 | -94.8% |
| Total equity and liabilities | 10/49 | €87,952 | €67,350 | -€20,602 | -23.4% |
| Equity | 10/15 | €46,216 | €44,983 | -€1,233 | -2.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €40,016 | €38,783 | -€1,233 | -3.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €38,156 | €36,923 | -€1,233 | -3.2% |
| Amounts payable | 17/49 | €41,736 | €22,368 | -€19,369 | -46.4% |
| Amounts payable after more than one year | 17 | €20,000 | €14,000 | -€6,000 | -30.0% |
| Financial debts | 170/4 | €20,000 | €14,000 | -€6,000 | -30.0% |
| Amounts payable within one year | 42/48 | €19,932 | €8,368 | -€11,565 | -58.0% |
| Financial debts | 43 | €8,444 | €6,000 | -€2,444 | -28.9% |
| Credit institutions | 430/8 | €8,444 | €6,000 | -€2,444 | -28.9% |
| Trade debts | 44 | €7,937 | €2,368 | -€5,569 | -70.2% |
| Suppliers | 440/4 | €7,937 | €2,368 | -€5,569 | -70.2% |
| Other amounts payable | 47/48 | €3,552 | - | -€3,552 | |
| Accrued charges and deferred income | 492/3 | €1,804 | - | -€1,804 | |
| Non-recurring operating income | 76A | €12,685 | - | -€12,685 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,224 | €11,982 | +€1,758 | +17.2% |
| Other operating charges | 640/8 | €772 | €705 | -€67 | -8.7% |
| Gross operating margin | 9900 | €14,618 | €12,891 | -€1,727 | -11.8% |
| Operating profit (loss) | 9901 | €3,621 | €204 | -€3,418 | -94.4% |
| Financial charges | 65/66B | €1,358 | €675 | -€683 | -50.3% |
| Recurring financial charges | 65 | €1,358 | €675 | -€683 | -50.3% |
| Profit (loss) for the period before taxes | 9903 | €2,263 | -€472 | -€2,735 | |
| Income taxes | 67/77 | €76 | €761 | +€686 | +905.6% |
| Profit (loss) for the period | 9904 | €2,187 | -€1,233 | -€3,420 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,187 | -€1,233 | -€3,420 |
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 10 October 2026 via checked.be.