BSO 322: 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.
BSO 322
Largest movements
- Cash -€20,252
down €20,252 (-93.2%), from €21,719 to €1,467
mainly Net result for the year (-€18,320) and Trade debts (-€15,724)
- Tangible fixed assets -€6,747
down €6,747 (-64.5%), from €10,462 to €3,715
- Stocks and contracts +€6,200
up €6,200 (+24.4%), from €25,450 to €31,650
- Receivables within one year -€3,071
down €3,071 (-16.9%), from €18,197 to €15,126
of which Trade receivables: -€6,389
- Other debts +€22,877
up €22,877 (+718.8%), from €3,183 to €26,060
- Profit (loss) carried forward -€18,320
down €18,320 (-401.0%), from -€4,569 to -€22,889
- Trade debts -€15,724
down €15,724 (-80.2%), from €19,608 to €3,884
- Tax, wage and social debts -€9,341
down €9,341 (-94.7%), from €9,865 to €523
- Debts after one year -€3,551
down €3,551 (-35.8%), from €9,920 to €6,369
- Gross operating margin -€8,262
down €8,262, from €4,012 to -€4,250
- Other operating charges +€4,896
up €4,896 (+381.8%), from €1,282 to €6,178
- Depreciation +€504
up €504 (+8.1%), from €6,242 to €6,747
- Financial charges -€375
down €375 (-28.5%), from €1,316 to €941
- Financial income -€163
down €163 (-95.6%), from €170 to €8
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 | €75,828 | €51,958 | -€23,870 | -31.5% |
| Fixed assets | 21/28 | €10,462 | €3,715 | -€6,747 | -64.5% |
| Tangible fixed assets | 22/27 | €10,462 | €3,715 | -€6,747 | -64.5% |
| Furniture and vehicles | 24 | €10,462 | €3,715 | -€6,747 | -64.5% |
| Current assets | 29/58 | €65,366 | €48,243 | -€17,123 | -26.2% |
| Stocks and contracts in progress | 3 | €25,450 | €31,650 | +€6,200 | +24.4% |
| Stocks | 30/36 | €25,450 | €31,650 | +€6,200 | +24.4% |
| Amounts receivable within one year | 40/41 | €18,197 | €15,126 | -€3,071 | -16.9% |
| Trade receivables | 40 | €18,197 | €11,808 | -€6,389 | -35.1% |
| Other amounts receivable | 41 | €0 | €3,318 | +€3,318 | |
| Cash at bank and in hand | 54/58 | €21,719 | €1,467 | -€20,252 | -93.2% |
| Total equity and liabilities | 10/49 | €75,828 | €51,958 | -€23,870 | -31.5% |
| Equity | 10/15 | €29,891 | €11,571 | -€18,320 | -61.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,860 | €15,860 | = | 0.0% |
| 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 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,569 | -€22,889 | -€18,320 | -401.0% |
| Amounts payable | 17/49 | €45,937 | €40,387 | -€5,550 | -12.1% |
| Amounts payable after more than one year | 17 | €9,920 | €6,369 | -€3,551 | -35.8% |
| Financial debts | 170/4 | €9,920 | €6,369 | -€3,551 | -35.8% |
| Amounts payable within one year | 42/48 | €36,017 | €34,018 | -€1,999 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €3,362 | €3,551 | +€189 | +5.6% |
| Trade debts | 44 | €19,608 | €3,884 | -€15,724 | -80.2% |
| Suppliers | 440/4 | €19,608 | €3,884 | -€15,724 | -80.2% |
| Taxes, remuneration and social security | 45 | €9,865 | €523 | -€9,341 | -94.7% |
| Taxes | 450/3 | €9,865 | €523 | -€9,341 | -94.7% |
| Other amounts payable | 47/48 | €3,183 | €26,060 | +€22,877 | +718.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,242 | €6,747 | +€504 | +8.1% |
| Other operating charges | 640/8 | €1,282 | €6,178 | +€4,896 | +381.8% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €4,012 | -€4,250 | -€8,262 | |
| Operating profit (loss) | 9901 | -€3,513 | -€17,175 | -€13,661 | -388.9% |
| Financial income | 75/76B | €170 | €8 | -€163 | -95.6% |
| Recurring financial income | 75 | €170 | €8 | -€163 | -95.6% |
| Financial charges | 65/66B | €1,316 | €941 | -€375 | -28.5% |
| Recurring financial charges | 65 | €1,316 | €941 | -€375 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,659 | -€18,109 | -€13,449 | -288.6% |
| Income taxes | 67/77 | €314 | €211 | -€102 | -32.7% |
| Profit (loss) for the period | 9904 | -€4,973 | -€18,320 | -€13,347 | -268.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,973 | -€18,320 | -€13,347 | -268.4% |
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 9 October 2026 via checked.be.