INITIALS B.B.: 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.
INITIALS B.B.
Largest movements
- Receivables within one year +€84,333
up €84,333 (+62.6%), from €134,799 to €219,132
of which Trade receivables: +€80,108
- Cash -€19,581
down €19,581 (-56.2%), from €34,817 to €15,236
mainly Receivables within one year (-€84,333) and Contributions, distributions and other (-€30,000)
- Tangible fixed assets -€11,727
down €11,727 (-4.3%), from €269,608 to €257,881
of which Land and buildings: -€10,702
- Tax, wage and social debts +€33,817
up €33,817 (+902%), from €3,750 to €37,567
of which Taxes: +€36,817
- Debts after one year -€21,961
down €21,961 (-18.8%), from €116,788 to €94,827
- Reserves +€20,000
up €20,000 (+7.9%), from €251,860 to €271,860
of which Distributable reserves: +€20,000
- Profit (loss) carried forward +€18,835
up €18,835 (+57.0%), from €33,026 to €51,861
- Gross operating margin +€124,627
up €124,627, from -€764 to €123,863
- Taxes +€35,360
up €35,360, from -€297 to €35,063
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 | €445,098 | €498,016 | +€52,918 | +11.9% |
| Fixed assets | 21/28 | €269,608 | €257,881 | -€11,727 | -4.3% |
| Tangible fixed assets | 22/27 | €269,608 | €257,881 | -€11,727 | -4.3% |
| Land and buildings | 22 | €266,727 | €256,026 | -€10,702 | -4.0% |
| Furniture and vehicles | 24 | €2,881 | €1,855 | -€1,026 | -35.6% |
| Current assets | 29/58 | €175,489 | €240,135 | +€64,646 | +36.8% |
| Stocks and contracts in progress | 3 | €5,811 | €5,680 | -€131 | -2.3% |
| Stocks | 30/36 | €5,811 | €5,680 | -€131 | -2.3% |
| Amounts receivable within one year | 40/41 | €134,799 | €219,132 | +€84,333 | +62.6% |
| Trade receivables | 40 | €28,116 | €108,224 | +€80,108 | +285% |
| Other amounts receivable | 41 | €106,683 | €110,908 | +€4,224 | +4.0% |
| Cash at bank and in hand | 54/58 | €34,817 | €15,236 | -€19,581 | -56.2% |
| Deferred charges and accrued income | 490/1 | €63 | €87 | +€25 | +39.5% |
| Total equity and liabilities | 10/49 | €445,098 | €498,016 | +€52,918 | +11.9% |
| Equity | 10/15 | €297,274 | €336,109 | +€38,835 | +13.1% |
| Contributions | 10/11 | €12,388 | €12,388 | = | 0.0% |
| Reserves | 13 | €251,860 | €271,860 | +€20,000 | +7.9% |
| Tax-exempt reserves | 132 | €35,000 | €35,000 | = | 0.0% |
| Distributable reserves | 133 | €216,860 | €236,860 | +€20,000 | +9.2% |
| Profit (loss) carried forward | 14 | €33,026 | €51,861 | +€18,835 | +57.0% |
| Amounts payable | 17/49 | €147,824 | €161,907 | +€14,083 | +9.5% |
| Amounts payable after more than one year | 17 | €116,788 | €94,827 | -€21,961 | -18.8% |
| Financial debts | 170/4 | €116,788 | €94,827 | -€21,961 | -18.8% |
| Amounts payable within one year | 42/48 | €30,923 | €67,016 | +€36,092 | +117% |
| Current portion of amounts payable after more than one year | 42 | €22,717 | €23,586 | +€869 | +3.8% |
| Trade debts | 44 | €4,457 | €5,863 | +€1,407 | +31.6% |
| Suppliers | 440/4 | €4,457 | €5,863 | +€1,407 | +31.6% |
| Taxes, remuneration and social security | 45 | €3,750 | €37,567 | +€33,817 | +902% |
| Taxes | 450/3 | €750 | €37,567 | +€36,817 | +4,909% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Accrued charges and deferred income | 492/3 | €112 | €64 | -€48 | -43.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,391 | €12,214 | -€176 | -1.4% |
| Other operating charges | 640/8 | €2,625 | €2,845 | +€220 | +8.4% |
| Non-recurring operating charges | 66A | €662 | €251 | -€410 | -62.0% |
| Gross operating margin | 9900 | -€764 | €123,863 | +€124,627 | |
| Operating profit (loss) | 9901 | -€16,442 | €108,552 | +€124,993 | |
| Financial income | 75/76B | €292 | €171 | -€121 | -41.4% |
| Recurring financial income | 75 | €292 | €171 | -€121 | -41.4% |
| Financial charges | 65/66B | €5,650 | €4,825 | -€825 | -14.6% |
| Recurring financial charges | 65 | €5,650 | €4,825 | -€825 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | -€21,799 | €103,898 | +€125,697 | |
| Income taxes | 67/77 | -€297 | €35,063 | +€35,360 | |
| Profit (loss) for the period | 9904 | -€21,502 | €68,835 | +€90,337 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,502 | €68,835 | +€90,337 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.