Bspecialities: 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.
Bspecialities
Largest movements
- Receivables within one year +€22,255
up €22,255 (+105%), from €21,274 to €43,529
of which Trade receivables: +€19,823
- Cash +€10,342
up €10,342 (+18.8%), from €55,008 to €65,350
mainly Net result for the year (+€29,159) and Accrued charges and deferred income (+€7,877)
- Deferred charges and accrued income +€3,072
up €3,072 (+520%), from €591 to €3,662
- Reserves +€27,200
up €27,200 (+52.8%), from €51,511 to €78,711
- Advances received -€8,558
no longer reported in 2025 (was €8,558)
- Accrued charges and deferred income +€7,877
new in 2025: €7,877
- Tax, wage and social debts +€4,309
up €4,309 (+110%), from €3,932 to €8,241
- Trade debts +€3,280
up €3,280 (+541%), from €606 to €3,886
- Gross operating margin +€45,114
up €45,114 (+2,564%), from €1,760 to €46,874
- Taxes +€12,318
up €12,318 (+973%), from €1,266 to €13,585
- Financial charges +€1,314
up €1,314 (+2,137%), from €62 to €1,376
- Depreciation +€872
up €872 (+45.1%), from €1,931 to €2,803
- Financial income +€671
new in 2025: €671
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.
Derived cash bridge
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 | €87,720 | €123,788 | +€36,068 | +41.1% |
| Fixed assets | 21/28 | €4,559 | €5,347 | +€788 | +17.3% |
| Tangible fixed assets | 22/27 | €4,480 | €5,347 | +€867 | +19.4% |
| Furniture and vehicles | 24 | €4,480 | €5,347 | +€867 | +19.4% |
| Financial fixed assets | 28 | €79 | - | -€79 | |
| Current assets | 29/58 | €83,161 | €118,441 | +€35,280 | +42.4% |
| Stocks and contracts in progress | 3 | €6,288 | €5,899 | -€389 | -6.2% |
| Stocks | 30/36 | €6,288 | €5,899 | -€389 | -6.2% |
| Amounts receivable within one year | 40/41 | €21,274 | €43,529 | +€22,255 | +105% |
| Trade receivables | 40 | €16,969 | €36,793 | +€19,823 | +117% |
| Other amounts receivable | 41 | €4,305 | €6,737 | +€2,431 | +56.5% |
| Cash at bank and in hand | 54/58 | €55,008 | €65,350 | +€10,342 | +18.8% |
| Deferred charges and accrued income | 490/1 | €591 | €3,662 | +€3,072 | +520% |
| Total equity and liabilities | 10/49 | €87,720 | €123,788 | +€36,068 | +41.1% |
| Equity | 10/15 | €74,624 | €103,783 | +€29,159 | +39.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €51,511 | €78,711 | +€27,200 | +52.8% |
| Distributable reserves | 133 | €51,511 | €78,711 | +€27,200 | +52.8% |
| Profit (loss) carried forward | 14 | -€1,887 | €72 | +€1,959 | |
| Amounts payable | 17/49 | €13,096 | €20,005 | +€6,909 | +52.8% |
| Amounts payable within one year | 42/48 | €13,096 | €12,127 | -€969 | -7.4% |
| Trade debts | 44 | €606 | €3,886 | +€3,280 | +541% |
| Suppliers | 440/4 | €606 | €3,886 | +€3,280 | +541% |
| Advances received on contracts in progress | 46 | €8,558 | - | -€8,558 | |
| Taxes, remuneration and social security | 45 | €3,932 | €8,241 | +€4,309 | +110% |
| Taxes | 450/3 | €3,932 | €8,241 | +€4,309 | +110% |
| Accrued charges and deferred income | 492/3 | - | €7,877 | +€7,877 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,931 | €2,803 | +€872 | +45.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | - | €222 | +€222 | |
| Gross operating margin | 9900 | €1,760 | €46,874 | +€45,114 | +2,564% |
| Operating profit (loss) | 9901 | -€559 | €43,449 | +€44,008 | |
| Financial income | 75/76B | - | €671 | +€671 | |
| Recurring financial income | 75 | - | €671 | +€671 | |
| Financial charges | 65/66B | €62 | €1,376 | +€1,314 | +2,137% |
| Recurring financial charges | 65 | €62 | €1,376 | +€1,314 | +2,137% |
| Profit (loss) for the period before taxes | 9903 | -€620 | €42,744 | +€43,364 | |
| Income taxes | 67/77 | €1,266 | €13,585 | +€12,318 | +973% |
| Profit (loss) for the period | 9904 | -€1,887 | €29,159 | +€31,046 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,887 | €29,159 | +€31,046 |
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 21 October 2026 via checked.be.