B & S: 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.
B & S
Largest movements
- Tangible fixed assets -€8,493
down €8,493 (-64.6%), from €13,137 to €4,644
- Cash -€2,211
down €2,211 (-78.5%), from €2,817 to €605
mainly Other debts (-€8,256) and Tax, wage and social debts (-€3,417)
- Deferred charges and accrued income -€989
down €989 (-78.6%), from €1,259 to €269
- Receivables within one year -€969
down €969 (-45.3%), from €2,140 to €1,172
- Current investments -€501
no longer reported in 2024 (was €501)
- Other debts -€8,256
down €8,256 (-81.3%), from €10,155 to €1,899
- Tax, wage and social debts -€3,417
no longer reported in 2024 (was €3,417)
of which Remuneration and social security: -€3,232
- Debts after one year -€2,484
no longer reported in 2024 (was €2,484)
- Profit (loss) carried forward +€1,889
up €1,889 (+28.6%), from -€6,606 to -€4,717
- Trade debts -€1,259
down €1,259 (-73.5%), from €1,714 to €455
- Gross operating margin -€34,788
down €34,788 (-81.8%), from €42,540 to €7,752
- Staff costs -€24,930
no longer reported in 2024 (was €24,930)
- Depreciation -€1,172
down €1,172 (-56.9%), from €2,061 to €889
- Other operating charges -€551
down €551 (-37.7%), from €1,463 to €912
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,210 | €6,760 | -€13,450 | -66.6% |
| Fixed assets | 21/28 | €13,493 | €4,714 | -€8,780 | -65.1% |
| Tangible fixed assets | 22/27 | €13,137 | €4,644 | -€8,493 | -64.6% |
| Furniture and vehicles | 24 | €13,137 | €4,644 | -€8,493 | -64.6% |
| Financial fixed assets | 28 | €357 | €70 | -€287 | -80.4% |
| Current assets | 29/58 | €6,717 | €2,046 | -€4,670 | -69.5% |
| Amounts receivable within one year | 40/41 | €2,140 | €1,172 | -€969 | -45.3% |
| Other amounts receivable | 41 | €2,140 | €1,172 | -€969 | -45.3% |
| Current investments | 50/53 | €501 | - | -€501 | |
| Cash at bank and in hand | 54/58 | €2,817 | €605 | -€2,211 | -78.5% |
| Deferred charges and accrued income | 490/1 | €1,259 | €269 | -€989 | -78.6% |
| Total equity and liabilities | 10/49 | €20,210 | €6,760 | -€13,450 | -66.6% |
| Equity | 10/15 | -€1,606 | €283 | +€1,889 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,606 | -€4,717 | +€1,889 | +28.6% |
| Amounts payable | 17/49 | €21,816 | €6,477 | -€15,339 | -70.3% |
| Amounts payable after more than one year | 17 | €2,484 | - | -€2,484 | |
| Financial debts | 170/4 | €2,484 | - | -€2,484 | |
| Amounts payable within one year | 42/48 | €19,332 | €6,477 | -€12,854 | -66.5% |
| Current portion of amounts payable after more than one year | 42 | €3,966 | €4,123 | +€157 | +4.0% |
| Financial debts | 43 | €80 | - | -€80 | |
| Credit institutions | 430/8 | €80 | - | -€80 | |
| Trade debts | 44 | €1,714 | €455 | -€1,259 | -73.5% |
| Suppliers | 440/4 | €1,714 | €455 | -€1,259 | -73.5% |
| Taxes, remuneration and social security | 45 | €3,417 | - | -€3,417 | |
| Taxes | 450/3 | €185 | - | -€185 | |
| Remuneration and social security | 454/9 | €3,232 | - | -€3,232 | |
| Other amounts payable | 47/48 | €10,155 | €1,899 | -€8,256 | -81.3% |
| Non-recurring operating income | 76A | €18,551 | - | -€18,551 | |
| Remuneration, social security and pensions | 62 | €24,930 | - | -€24,930 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,061 | €889 | -€1,172 | -56.9% |
| Other operating charges | 640/8 | €1,463 | €912 | -€551 | -37.7% |
| Non-recurring operating charges | 66A | - | €3,525 | +€3,525 | |
| Gross operating margin | 9900 | €42,540 | €7,752 | -€34,788 | -81.8% |
| Operating profit (loss) | 9901 | €14,085 | €2,425 | -€11,660 | -82.8% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €915 | €536 | -€379 | -41.4% |
| Recurring financial charges | 65 | €915 | €536 | -€379 | -41.4% |
| Profit (loss) for the period before taxes | 9903 | €13,175 | €1,889 | -€11,287 | -85.7% |
| Income taxes | 67/77 | €65 | - | -€65 | |
| Profit (loss) for the period | 9904 | €13,111 | €1,889 | -€11,222 | -85.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,111 | €1,889 | -€11,222 | -85.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.