BWINCHAIN: what changed
BWINCHAIN
Largest movements
- Receivables within one year +€2,564
new in 2025: €2,564
of which Trade receivables: +€1,637
- Cash -€147
down €147 (-27.1%), from €544 to €397
mainly Net result for the year (-€5,485) and Receivables within one year (-€2,564)
- Trade debts +€8,952
new in 2025: €8,952
- Profit (loss) carried forward -€5,485
down €5,485 (-19.0%), from -€28,931 to -€34,416
- Other debts -€668
down €668 (-2.6%), from €25,951 to €25,283
- Tax, wage and social debts -€382
down €382 (-28.0%), from €1,364 to €982
- Gross operating margin +€24,084
up €24,084 (+85.3%), from -€28,232 to -€4,147
- Purchases and services +€4,412
new in 2025: €4,412
- Financial charges -€558
down €558 (-79.7%), from €700 to €142
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €784 | €3,201 | +€2,417 | +308% |
| Fixed assets | 21/28 | €240 | €240 | = | 0.0% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €544 | €2,961 | +€2,417 | +444% |
| Amounts receivable within one year | 40/41 | - | €2,564 | +€2,564 | |
| Trade receivables | 40 | - | €1,637 | +€1,637 | |
| Other amounts receivable | 41 | - | €927 | +€927 | |
| Cash at bank and in hand | 54/58 | €544 | €397 | -€147 | -27.1% |
| Total equity and liabilities | 10/49 | €784 | €3,201 | +€2,417 | +308% |
| Equity | 10/15 | -€26,531 | -€32,016 | -€5,485 | -20.7% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,931 | -€34,416 | -€5,485 | -19.0% |
| Amounts payable | 17/49 | €27,315 | €35,217 | +€7,901 | +28.9% |
| Amounts payable within one year | 42/48 | €27,315 | €35,217 | +€7,901 | +28.9% |
| Trade debts | 44 | - | €8,952 | +€8,952 | |
| Suppliers | 440/4 | - | €8,952 | +€8,952 | |
| Taxes, remuneration and social security | 45 | €1,364 | €982 | -€382 | -28.0% |
| Taxes | 450/3 | €1,364 | €982 | -€382 | -28.0% |
| Other amounts payable | 47/48 | €25,951 | €25,283 | -€668 | -2.6% |
| Turnover | 70 | - | €265 | +€265 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €4,412 | +€4,412 | |
| Non-recurring operating charges | 66A | - | €1,195 | +€1,195 | |
| Gross operating margin | 9900 | -€28,232 | -€4,147 | +€24,084 | +85.3% |
| Operating profit (loss) | 9901 | -€28,232 | -€5,343 | +€22,889 | +81.1% |
| Financial charges | 65/66B | €700 | €142 | -€558 | -79.7% |
| Recurring financial charges | 65 | €700 | €142 | -€558 | -79.7% |
| Profit (loss) for the period before taxes | 9903 | -€28,931 | -€5,485 | +€23,446 | +81.0% |
| Profit (loss) for the period | 9904 | -€28,931 | -€5,485 | +€23,446 | +81.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,931 | -€5,485 | +€23,446 | +81.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.