BSURVEY: 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.
BSURVEY
Largest movements
- Cash -€5,256
down €5,256 (-35.8%), from €14,701 to €9,445
mainly Investment in fixed assets (net) (-€17,201) and Debts after one year (-€7,863)
- Tangible fixed assets +€4,994
up €4,994 (+9.1%), from €55,175 to €60,169
of which Furniture and vehicles: +€7,421
- Deferred charges and accrued income -€3,066
no longer reported in 2025 (was €3,066)
- Profit (loss) carried forward +€10,926
up €10,926 (+74.1%), from €14,737 to €25,663
- Debts after one year -€7,863
down €7,863 (-22.5%), from €35,000 to €27,137
of which Other amounts payable: -€12,000
- Tax, wage and social debts -€5,220
down €5,220 (-54.0%), from €9,663 to €4,444
of which Taxes: -€6,089
- Trade debts -€3,778
down €3,778 (-62.9%), from €6,009 to €2,231
- Current portion of long-term debt +€1,704
new in 2025: €1,704
- Gross operating margin +€21,414
up €21,414 (+156%), from €13,696 to €35,111
- Staff costs -€4,512
down €4,512 (-29.4%), from €15,331 to €10,819
- Depreciation -€4,152
down €4,152 (-25.4%), from €16,359 to €12,207
- Financial charges +€439
up €439 (+159%), from €277 to €716
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 | €107,909 | €105,178 | -€2,731 | -2.5% |
| Fixed assets | 21/28 | €55,218 | €60,212 | +€4,994 | +9.0% |
| Tangible fixed assets | 22/27 | €55,175 | €60,169 | +€4,994 | +9.1% |
| Plant, machinery and equipment | 23 | €51,850 | €49,423 | -€2,426 | -4.7% |
| Furniture and vehicles | 24 | €3,325 | €10,746 | +€7,421 | +223% |
| Financial fixed assets | 28 | €43 | €43 | = | 0.0% |
| Current assets | 29/58 | €52,691 | €44,966 | -€7,725 | -14.7% |
| Amounts receivable within one year | 40/41 | €34,924 | €35,521 | +€597 | +1.7% |
| Trade receivables | 40 | €24,436 | €27,411 | +€2,975 | +12.2% |
| Other amounts receivable | 41 | €10,488 | €8,110 | -€2,378 | -22.7% |
| Cash at bank and in hand | 54/58 | €14,701 | €9,445 | -€5,256 | -35.8% |
| Deferred charges and accrued income | 490/1 | €3,066 | - | -€3,066 | |
| Total equity and liabilities | 10/49 | €107,909 | €105,178 | -€2,731 | -2.5% |
| Equity | 10/15 | €57,237 | €68,163 | +€10,926 | +19.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €40,500 | €40,500 | = | 0.0% |
| Distributable reserves | 133 | €40,500 | €40,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,737 | €25,663 | +€10,926 | +74.1% |
| Amounts payable | 17/49 | €50,672 | €37,016 | -€13,657 | -27.0% |
| Amounts payable after more than one year | 17 | €35,000 | €27,137 | -€7,863 | -22.5% |
| Financial debts | 170/4 | - | €4,137 | +€4,137 | |
| Other amounts payable | 178/9 | €35,000 | €23,000 | -€12,000 | -34.3% |
| Amounts payable within one year | 42/48 | €15,672 | €9,879 | -€5,794 | -37.0% |
| Current portion of amounts payable after more than one year | 42 | - | €1,704 | +€1,704 | |
| Trade debts | 44 | €6,009 | €2,231 | -€3,778 | -62.9% |
| Suppliers | 440/4 | €6,009 | €2,231 | -€3,778 | -62.9% |
| Taxes, remuneration and social security | 45 | €9,663 | €4,444 | -€5,220 | -54.0% |
| Taxes | 450/3 | €8,513 | €2,424 | -€6,089 | -71.5% |
| Remuneration and social security | 454/9 | €1,150 | €2,019 | +€869 | +75.6% |
| Other amounts payable | 47/48 | - | €1,500 | +€1,500 | |
| Non-recurring operating income | 76A | - | €1,488 | +€1,488 | |
| Remuneration, social security and pensions | 62 | €15,331 | €10,819 | -€4,512 | -29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,359 | €12,207 | -€4,152 | -25.4% |
| Other operating charges | 640/8 | €430 | €442 | +€12 | +2.8% |
| Gross operating margin | 9900 | €13,696 | €35,111 | +€21,414 | +156% |
| Operating profit (loss) | 9901 | -€18,424 | €11,642 | +€30,066 | |
| Financial income | 75/76B | €270 | €0 | -€270 | -99.9% |
| Recurring financial income | 75 | €270 | €0 | -€270 | -99.9% |
| Financial charges | 65/66B | €277 | €716 | +€439 | +159% |
| Recurring financial charges | 65 | €277 | €716 | +€439 | +159% |
| Profit (loss) for the period before taxes | 9903 | -€18,431 | €10,926 | +€29,357 | |
| Profit (loss) for the period | 9904 | -€18,431 | €10,926 | +€29,357 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,431 | €10,926 | +€29,357 |
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 18 October 2026 via checked.be.