BYB: 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.
BYB
Largest movements
- Stocks and contracts +€230,558
new in 2025: €230,558
- Tangible fixed assets +€211,917
up €211,917, from €0 to €211,917
of which Other tangible fixed assets: +€190,924
- Cash -€111,081
down €111,081 (-95.8%), from €115,918 to €4,836
- Financial fixed assets +€46,700
new in 2025: €46,700
- Receivables within one year +€40,489
up €40,489, from €0 to €40,489
of which Trade receivables: +€40,269
- Profit (loss) carried forward -€184,340
new in 2025: -€184,340
- Debts after one year +€163,403
new in 2025: €163,403
- Contributions +€150,000
up €150,000 (+150.0%), from €100,000 to €250,000
- Short-term financial debts +€102,676
new in 2025: €102,676
- Trade debts +€99,663
up €99,663 (+5949.8%), from €1,675 to €101,338
- Gross operating margin -€113,019
down €113,019 (-1972.6%), from -€5,729 to -€118,748
- Depreciation +€45,106
new in 2025: €45,106
- Other operating charges -€31,680
down €31,680 (-84.0%), from €37,693 to €6,013
- Financial charges +€23,619
up €23,619 (+5465.1%), from €432 to €24,051
- Staff costs +€17,431
new in 2025: €17,431
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,918 | €555,046 | +€439,129 | +378.8% |
| Formation expenses | 20 | - | €17,170 | +€17,170 | |
| Fixed assets | 21/28 | €0 | €259,149 | +€259,149 | |
| Intangible fixed assets | 21 | - | €532 | +€532 | |
| Tangible fixed assets | 22/27 | €0 | €211,917 | +€211,917 | |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | - | €20,993 | +€20,993 | |
| Other tangible fixed assets | 26 | - | €190,924 | +€190,924 | |
| Financial fixed assets | 28 | - | €46,700 | +€46,700 | |
| Current assets | 29/58 | €115,918 | €278,728 | +€162,810 | +140.5% |
| Stocks and contracts in progress | 3 | - | €230,558 | +€230,558 | |
| Stocks | 30/36 | - | €230,558 | +€230,558 | |
| Amounts receivable within one year | 40/41 | €0 | €40,489 | +€40,489 | |
| Trade receivables | 40 | - | €40,269 | +€40,269 | |
| Other amounts receivable | 41 | €0 | €220 | +€220 | |
| Cash at bank and in hand | 54/58 | €115,918 | €4,836 | -€111,081 | -95.8% |
| Deferred charges and accrued income | 490/1 | - | €2,845 | +€2,845 | |
| Total equity and liabilities | 10/49 | €115,918 | €555,046 | +€439,129 | +378.8% |
| Equity | 10/15 | €103,456 | €65,660 | -€37,796 | -36.5% |
| Contributions | 10/11 | €100,000 | €250,000 | +€150,000 | +150.0% |
| Reserves | 13 | €3,456 | €0 | -€3,456 | -100.0% |
| Non-distributable reserves | 130/1 | €2,526 | €0 | -€2,526 | -100.0% |
| Reserves not available under the articles | 1311 | €2,526 | €0 | -€2,526 | -100.0% |
| Distributable reserves | 133 | €930 | €0 | -€930 | -100.0% |
| Profit (loss) carried forward | 14 | - | -€184,340 | -€184,340 | |
| Amounts payable | 17/49 | €12,462 | €489,387 | +€476,925 | +3827.1% |
| Amounts payable after more than one year | 17 | - | €163,403 | +€163,403 | |
| Financial debts | 170/4 | - | €163,403 | +€163,403 | |
| Amounts payable within one year | 42/48 | €12,462 | €320,384 | +€307,922 | +2470.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | €17,311 | +€17,311 | |
| Financial debts | 43 | - | €102,676 | +€102,676 | |
| Credit institutions | 430/8 | - | €102,676 | +€102,676 | |
| Trade debts | 44 | €1,675 | €101,338 | +€99,663 | +5949.8% |
| Suppliers | 440/4 | €1,675 | €101,338 | +€99,663 | +5949.8% |
| Advances received on contracts in progress | 46 | - | €16,835 | +€16,835 | |
| Taxes, remuneration and social security | 45 | €10,787 | €1,984 | -€8,803 | -81.6% |
| Taxes | 450/3 | €10,787 | €1,984 | -€8,803 | -81.6% |
| Other amounts payable | 47/48 | €0 | €80,239 | +€80,239 | |
| Accrued charges and deferred income | 492/3 | - | €5,600 | +€5,600 | |
| Remuneration, social security and pensions | 62 | - | €17,431 | +€17,431 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €45,106 | +€45,106 | |
| Other operating charges | 640/8 | €37,693 | €6,013 | -€31,680 | -84.0% |
| Operating charges capitalised as restructuring costs | 649 | - | -€23,419 | -€23,419 | |
| Gross operating margin | 9900 | -€5,729 | -€118,748 | -€113,019 | -1972.6% |
| Operating profit (loss) | 9901 | -€43,423 | -€163,879 | -€120,456 | -277.4% |
| Financial income | 75/76B | - | €134 | +€134 | |
| Recurring financial income | 75 | - | €134 | +€134 | |
| Financial charges | 65/66B | €432 | €24,051 | +€23,619 | +5465.1% |
| Recurring financial charges | 65 | €432 | €24,051 | +€23,619 | +5465.1% |
| Profit (loss) for the period before taxes | 9903 | -€43,855 | -€187,796 | -€143,942 | -328.2% |
| Profit (loss) for the period | 9904 | -€43,855 | -€187,796 | -€143,942 | -328.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,855 | -€187,796 | -€143,942 | -328.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.