BBK: 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.
What changed
BBK
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€41,136
2024 · €75,096-€33,960
Equity
€2.6m
2024 · €1.9m+€692,639
Cash
€64,638
2024 · €50,019+€14,619
Balance sheet total
€7.0m
2024 · €6.8m+€201,514
Largest movements
Assets
- Tangible fixed assets +€653,877
up €653,877 (+67.5%), from €969,289 to €1.6m
of which Land and buildings: +€669,212
- Stocks and contracts -€451,100
down €451,100 (-15.0%), from €3.0m to €2.6m
of which Contracts in progress: -€1.3m
- Receivables within one year -€289,358
down €289,358 (-22.0%), from €1.3m to €1.0m
of which Trade receivables: -€332,003
- Intangible fixed assets +€273,725
up €273,725 (+20.4%), from €1.3m to €1.6m
Equity and liabilities
- Advances received -€971,712
down €971,712 (-98.0%), from €991,706 to €19,994
- Revaluation surpluses +€637,170
up €637,170 (+74.0%), from €861,263 to €1.5m
- Short-term financial debts -€398,980
down €398,980 (-62.5%), from €638,776 to €239,796
- Trade debts +€304,690
up €304,690 (+65.9%), from €462,656 to €767,346
- Debts after one year +€279,583
up €279,583 (+21.6%), from €1.3m to €1.6m
of which Financial debts: +€279,583
Income statement
- Turnover +€2.7m
up €2.7m (+118%), from €2.3m to €5.1m
- Goods and materials +€405,748
up €405,748 (+42.4%), from €957,457 to €1.4m
of which Purchases: +€406,300
- Staff costs +€313,716
up €313,716 (+18.4%), from €1.7m to €2.0m
- Services and other goods +€163,759
up €163,759 (+16.8%), from €975,734 to €1.1m
- Write-downs +€72,803
up €72,803 (+80.8%), from €90,109 to €162,911
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.
Result 2024
€75,096
Turnover
+€2.7m
Other operating income
+€38,042
Goods and materials
-€405,748
Services and other goods
-€163,759
Staff costs
-€313,716
Depreciation
+€59,785
Write-downs
-€72,803
Other operating charges
-€7,669
Other operating items
-€1.9m
Financial income
+€24,499
Financial charges
+€3,746
Result 2025
€41,136
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€732,266
Investment
-€1.3m
Financing
+€567,090
Cash 2024
€50,019
From operations (derived)
+€732,266
Net result for the year
+€41,136
Depreciation
+€357,106
Stocks and contracts
+€451,100
Receivables within one year
+€289,358
Smaller working-capital items
-€1,605
Trade debts
+€304,690
Tax, wage and social debts
+€189,283
Advances received
-€971,712
Other debts
+€72,911
Investment (derived)
-€1.3m
Investment in fixed assets (net)
-€1.3m
Current investments
-€29
Financing
+€567,090
Debts after one year
+€279,583
Current portion of long-term debt
+€34,984
Short-term financial debts
-€398,980
Contributions, distributions and other
+€651,503
Cash 2025
€64,638
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,778,750 | €6,980,264 | +€201,514 | +3.0% |
| Fixed assets | 21/28 | €2,311,288 | €3,238,890 | +€927,602 | +40.1% |
| Intangible fixed assets | 21 | €1,339,000 | €1,612,725 | +€273,725 | +20.4% |
| Tangible fixed assets | 22/27 | €969,289 | €1,623,165 | +€653,877 | +67.5% |
| Land and buildings | 22 | €913,288 | €1,582,500 | +€669,212 | +73.3% |
| Plant, machinery and equipment | 23 | €25,151 | €20,912 | -€4,239 | -16.9% |
| Furniture and vehicles | 24 | €8,010 | €8,318 | +€308 | +3.8% |
| Leasing and similar rights | 25 | €22,841 | €11,436 | -€11,405 | -49.9% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €3,000 | €3,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €4,467,462 | €3,741,374 | -€726,088 | -16.3% |
| Stocks and contracts in progress | 3 | €3,008,012 | €2,556,912 | -€451,100 | -15.0% |
| Stocks | 30/36 | €1,675,729 | €2,536,911 | +€861,182 | +51.4% |
| Raw materials and consumables | 30/31 | €273,293 | €346,761 | +€73,467 | +26.9% |
| Work in progress | 32 | €200,306 | €562,657 | +€362,351 | +181% |
| Finished goods | 33 | €1,202,130 | €1,627,494 | +€425,364 | +35.4% |
| Contracts in progress | 37 | €1,332,283 | €20,000 | -€1.3m | -98.5% |
| Amounts receivable within one year | 40/41 | €1,317,021 | €1,027,663 | -€289,358 | -22.0% |
| Trade receivables | 40 | €1,048,454 | €716,451 | -€332,003 | -31.7% |
| Other amounts receivable | 41 | €268,567 | €311,212 | +€42,645 | +15.9% |
| Current investments | 50/53 | €62,002 | €62,031 | +€29 | 0.0% |
| Own shares | 50 | €62,000 | €62,000 | = | 0.0% |
| Other investments | 51/53 | €2 | €31 | +€29 | +1,349% |
| Cash at bank and in hand | 54/58 | €50,019 | €64,638 | +€14,619 | +29.2% |
| Deferred charges and accrued income | 490/1 | €30,408 | €30,130 | -€279 | -0.9% |
| Total equity and liabilities | 10/49 | €6,778,750 | €6,980,264 | +€201,514 | +3.0% |
| Equity | 10/15 | €1,921,512 | €2,614,151 | +€692,639 | +36.0% |
| Contributions | 10/11 | €2,050,000 | €2,050,000 | = | 0.0% |
| Capital | 10 | €2,050,000 | €2,050,000 | = | 0.0% |
| Issued capital | 100 | €2,050,000 | €2,050,000 | = | 0.0% |
| Revaluation surpluses | 12 | €861,263 | €1,498,433 | +€637,170 | +74.0% |
| Reserves | 13 | €716,704 | €742,562 | +€25,858 | +3.6% |
| Non-distributable reserves | 130/1 | €119,673 | €119,673 | = | 0.0% |
| Legal reserve | 130 | €57,673 | €57,673 | = | 0.0% |
| Own shares acquired | 1312 | €62,000 | €62,000 | = | 0.0% |
| Distributable reserves | 133 | €597,032 | €622,889 | +€25,858 | +4.3% |
| Profit (loss) carried forward | 14 | -€1,978,952 | -€1,937,816 | +€41,136 | +2.1% |
| Investment grants | 15 | €272,497 | €260,973 | -€11,524 | -4.2% |
| Amounts payable | 17/49 | €4,857,238 | €4,366,113 | -€491,125 | -10.1% |
| Amounts payable after more than one year | 17 | €1,294,874 | €1,574,456 | +€279,583 | +21.6% |
| Financial debts | 170/4 | €711,899 | €991,481 | +€279,583 | +39.3% |
| Subordinated loans | 170 | €399,320 | €254,649 | -€144,671 | -36.2% |
| Leasing and similar obligations | 172 | €12,578 | - | -€12,578 | |
| Credit institutions | 173 | - | €436,832 | +€436,832 | |
| Other loans | 174 | €300,000 | €300,000 | = | 0.0% |
| Other amounts payable | 178/9 | €582,975 | €582,975 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,560,481 | €2,791,657 | -€768,824 | -21.6% |
| Current portion of amounts payable after more than one year | 42 | €446,111 | €481,095 | +€34,984 | +7.8% |
| Financial debts | 43 | €638,776 | €239,796 | -€398,980 | -62.5% |
| Credit institutions | 430/8 | €638,776 | €239,796 | -€398,980 | -62.5% |
| Trade debts | 44 | €462,656 | €767,346 | +€304,690 | +65.9% |
| Suppliers | 440/4 | €462,656 | €767,346 | +€304,690 | +65.9% |
| Advances received on contracts in progress | 46 | €991,706 | €19,994 | -€971,712 | -98.0% |
| Taxes, remuneration and social security | 45 | €1,012,838 | €1,202,121 | +€189,283 | +18.7% |
| Taxes | 450/3 | €419,259 | €287,289 | -€131,970 | -31.5% |
| Remuneration and social security | 454/9 | €593,580 | €914,832 | +€321,252 | +54.1% |
| Other amounts payable | 47/48 | €8,394 | €81,305 | +€72,911 | +869% |
| Accrued charges and deferred income | 492/3 | €1,884 | - | -€1,884 | |
| Operating income | 70/76A | €4,410,073 | €5,251,778 | +€841,705 | +19.1% |
| Turnover | 70 | €2,322,103 | €5,067,717 | +€2.7m | +118% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €1,621,648 | -€434,459 | -€2.1m | |
| Own construction capitalised | 72 | €295,243 | €409,399 | +€114,156 | +38.7% |
| Other operating income | 74 | €171,079 | €209,121 | +€38,042 | +22.2% |
| Operating charges | 60/66A | €4,193,537 | €5,097,447 | +€903,910 | +21.6% |
| Goods for resale, raw materials and consumables | 60 | €957,457 | €1,363,205 | +€405,748 | +42.4% |
| Purchases | 600/8 | €1,030,373 | €1,436,672 | +€406,300 | +39.4% |
| Change in stocks: decrease (increase) | 609 | -€72,916 | -€73,467 | -€552 | -0.8% |
| Services and other goods | 61 | €975,734 | €1,139,492 | +€163,759 | +16.8% |
| Remuneration, social security and pensions | 62 | €1,702,530 | €2,016,246 | +€313,716 | +18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €416,891 | €357,106 | -€59,785 | -14.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €90,109 | €162,911 | +€72,803 | +80.8% |
| Other operating charges | 640/8 | €50,817 | €58,486 | +€7,669 | +15.1% |
| Operating profit (loss) | 9901 | €216,536 | €154,331 | -€62,205 | -28.7% |
| Financial income | 75/76B | €59,581 | €84,080 | +€24,499 | +41.1% |
| Recurring financial income | 75 | €59,581 | €84,080 | +€24,499 | +41.1% |
| Income from current assets | 751 | €0 | €0 | -€0 | -87.5% |
| Other financial income | 752/9 | €59,581 | €84,080 | +€24,499 | +41.1% |
| Financial charges | 65/66B | €201,021 | €197,275 | -€3,746 | -1.9% |
| Recurring financial charges | 65 | €201,021 | €197,275 | -€3,746 | -1.9% |
| Debt charges | 650 | €190,709 | €187,611 | -€3,098 | -1.6% |
| Other financial charges | 652/9 | €10,312 | €9,664 | -€648 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €75,096 | €41,136 | -€33,960 | -45.2% |
| Profit (loss) for the period | 9904 | €75,096 | €41,136 | -€33,960 | -45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €75,096 | €41,136 | -€33,960 | -45.2% |
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 14 October 2026 via checked.be.