BSS: what changed
What changed
BSS
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€558,664
2024 · €123,029+€435,635
Equity
€713,607
2024 · €154,943+€558,664
Cash
€8,310
2024 · €8,159+€150
Balance sheet total
€5.2m
2024 · €5.3m-€157,311
Largest movements
Assets
- Receivables within one year -€146,960
down €146,960 (-35.1%), from €418,553 to €271,593
of which Other amounts receivable: -€118,964
Equity and liabilities
- Debts after one year -€714,993
down €714,993 (-14.6%), from €4.9m to €4.2m
of which Other amounts payable: -€671,750
- Reserves +€558,664
up €558,664 (+368%), from €151,943 to €710,607
Income statement
- Financial income +€370,000
up €370,000 (+206%), from €180,000 to €550,000
- Financial charges -€54,212
down €54,212 (-89.3%), from €60,689 to €6,477
- Gross operating margin +€50,428
up €50,428 (+784%), from €6,429 to €56,857
- Depreciation +€35,017
up €35,017 (+2,839%), from €1,233 to €36,250
- Other operating charges +€3,109
up €3,109 (+274%), from €1,135 to €4,244
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.
Result 2024
€123,029
Gross operating margin
+€50,428
Depreciation
-€35,017
Other operating charges
-€3,109
Financial income
+€370,000
Financial charges
+€54,212
Taxes
-€878
Result 2025
€558,664
raises the resultlowers the result
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.
From operations
+€740,893
Investment
-€25,750
Financing
-€714,993
Cash 2024
€8,159
From operations (derived)
+€740,893
Net result for the year
+€558,664
Depreciation
+€36,250
Receivables within one year
+€146,960
Trade debts
-€981
Investment (derived)
-€25,750
Investment in fixed assets (net)
-€25,750
Financing
-€714,993
Debts after one year
-€714,993
Cash 2025
€8,310
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,345,113 | €5,187,802 | -€157,311 | -2.9% |
| Fixed assets | 21/28 | €4,918,401 | €4,907,900 | -€10,500 | -0.2% |
| Tangible fixed assets | 22/27 | €792,341 | €781,841 | -€10,500 | -1.3% |
| Land and buildings | 22 | €792,341 | €756,091 | -€36,250 | -4.6% |
| Assets under construction and advance payments | 27 | - | €25,750 | +€25,750 | |
| Financial fixed assets | 28 | €4,126,060 | €4,126,060 | = | 0.0% |
| Current assets | 29/58 | €426,712 | €279,902 | -€146,810 | -34.4% |
| Amounts receivable within one year | 40/41 | €418,553 | €271,593 | -€146,960 | -35.1% |
| Trade receivables | 40 | €251,196 | €223,200 | -€27,996 | -11.1% |
| Other amounts receivable | 41 | €167,357 | €48,393 | -€118,964 | -71.1% |
| Cash at bank and in hand | 54/58 | €8,159 | €8,310 | +€150 | +1.8% |
| Total equity and liabilities | 10/49 | €5,345,113 | €5,187,802 | -€157,311 | -2.9% |
| Equity | 10/15 | €154,943 | €713,607 | +€558,664 | +361% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €151,943 | €710,607 | +€558,664 | +368% |
| Distributable reserves | 133 | €151,943 | €710,607 | +€558,664 | +368% |
| Amounts payable | 17/49 | €5,190,170 | €4,474,195 | -€715,974 | -13.8% |
| Amounts payable after more than one year | 17 | €4,897,666 | €4,182,673 | -€714,993 | -14.6% |
| Financial debts | 170/4 | €695,496 | €652,252 | -€43,243 | -6.2% |
| Other amounts payable | 178/9 | €4,202,171 | €3,530,421 | -€671,750 | -16.0% |
| Amounts payable within one year | 42/48 | €292,503 | €291,522 | -€981 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €43,243 | €43,243 | = | 0.0% |
| Trade debts | 44 | €249,260 | €248,279 | -€981 | -0.4% |
| Suppliers | 440/4 | €249,260 | €248,279 | -€981 | -0.4% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,233 | €36,250 | +€35,017 | +2,839% |
| Other operating charges | 640/8 | €1,135 | €4,244 | +€3,109 | +274% |
| Gross operating margin | 9900 | €6,429 | €56,857 | +€50,428 | +784% |
| Operating profit (loss) | 9901 | €4,061 | €16,362 | +€12,301 | +303% |
| Financial income | 75/76B | €180,000 | €550,000 | +€370,000 | +206% |
| Recurring financial income | 75 | €180,000 | €550,000 | +€370,000 | +206% |
| Financial charges | 65/66B | €60,689 | €6,477 | -€54,212 | -89.3% |
| Recurring financial charges | 65 | €60,689 | €6,477 | -€54,212 | -89.3% |
| Profit (loss) for the period before taxes | 9903 | €123,372 | €559,885 | +€436,513 | +354% |
| Income taxes | 67/77 | €343 | €1,221 | +€878 | +256% |
| Profit (loss) for the period | 9904 | €123,029 | €558,664 | +€435,635 | +354% |
| Profit (loss) for the period to be appropriated | 9905 | €123,029 | €558,664 | +€435,635 | +354% |
Next steps
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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 8 November 2026 via checked.be.