10 BICCHIERI: what changed
Two fiscal 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.
10 BICCHIERI
Largest movements
- Financial fixed assets +€280,000
new in 2025: €280,000
- Debts after one year +€202,842
new in 2025: €202,842
- Other debts +€61,685
up €61,685 (+514.0%), from €12,000 to €73,685
- Current portion of long-term debt +€22,243
new in 2025: €22,243
- Profit (loss) carried forward -€5,917
down €5,917 (-2346.3%), from -€252 to -€6,169
- Financial charges +€6,586
up €6,586 (+1217.4%), from €541 to €7,127
- Depreciation -€904
no longer reported in 2025 (was €904)
- Other operating charges -€422
down €422 (-51.4%), from €822 to €400
- Gross operating margin -€266
down €266 (-14.2%), from €1,874 to €1,608
- Financial income -€138
down €138 (-98.6%), from €140 to €2
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.
Cash bridge derived
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 | €19,886 | €300,746 | +€280,860 | +1412.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | - | €280,000 | +€280,000 | |
| Financial fixed assets | 28 | - | €280,000 | +€280,000 | |
| Current assets | 29/58 | €19,886 | €20,746 | +€860 | +4.3% |
| Stocks and contracts in progress | 3 | €6,439 | €5,715 | -€724 | -11.2% |
| Stocks | 30/36 | €6,439 | €5,715 | -€724 | -11.2% |
| Amounts receivable within one year | 40/41 | €4,185 | €3,647 | -€538 | -12.9% |
| Trade receivables | 40 | €4,185 | €2,500 | -€1,685 | -40.3% |
| Other amounts receivable | 41 | - | €1,147 | +€1,147 | |
| Cash at bank and in hand | 54/58 | €9,261 | €11,288 | +€2,027 | +21.9% |
| Deferred charges and accrued income | 490/1 | - | €96 | +€96 | |
| Total equity and liabilities | 10/49 | €19,886 | €300,746 | +€280,860 | +1412.3% |
| Equity | 10/15 | €5,748 | -€169 | -€5,917 | |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€252 | -€6,169 | -€5,917 | -2346.3% |
| Amounts payable | 17/49 | €14,138 | €300,914 | +€286,776 | +2028.4% |
| Amounts payable after more than one year | 17 | - | €202,842 | +€202,842 | |
| Financial debts | 170/4 | - | €202,842 | +€202,842 | |
| Amounts payable within one year | 42/48 | €14,072 | €97,185 | +€83,112 | +590.6% |
| Current portion of amounts payable after more than one year | 42 | - | €22,243 | +€22,243 | |
| Trade debts | 44 | €726 | €897 | +€171 | +23.5% |
| Suppliers | 440/4 | €726 | €897 | +€171 | +23.5% |
| Taxes, remuneration and social security | 45 | €1,346 | €360 | -€986 | -73.3% |
| Taxes | 450/3 | €1,346 | €360 | -€986 | -73.3% |
| Other amounts payable | 47/48 | €12,000 | €73,685 | +€61,685 | +514.0% |
| Accrued charges and deferred income | 492/3 | €66 | €888 | +€822 | +1250.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €904 | - | -€904 | |
| Other operating charges | 640/8 | €822 | €400 | -€422 | -51.4% |
| Gross operating margin | 9900 | €1,874 | €1,608 | -€266 | -14.2% |
| Operating profit (loss) | 9901 | €148 | €1,208 | +€1,060 | +713.9% |
| Financial income | 75/76B | €140 | €2 | -€138 | -98.6% |
| Recurring financial income | 75 | €140 | €2 | -€138 | -98.6% |
| Financial charges | 65/66B | €541 | €7,127 | +€6,586 | +1217.4% |
| Recurring financial charges | 65 | €541 | €7,127 | +€6,586 | +1217.4% |
| Profit (loss) for the period before taxes | 9903 | -€252 | -€5,917 | -€5,664 | -2246.3% |
| Profit (loss) for the period | 9904 | -€252 | -€5,917 | -€5,664 | -2246.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€252 | -€5,917 | -€5,664 | -2246.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.