B-FYSIO: 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-FYSIO
Largest movements
- Current investments +€41,438
new in 2025: €41,438
- Cash -€7,875
down €7,875 (-8.9%), from €88,700 to €80,825
mainly Current investments (-€41,438) and Investment in fixed assets (net) (-€26,543)
- Deferred charges and accrued income -€6,085
down €6,085 (-89.2%), from €6,818 to €734
- Reserves +€45,121
up €45,121 (+87.3%), from €51,681 to €96,801
of which Distributable reserves: +€45,121
- Debts after one year -€20,841
down €20,841 (-11.2%), from €186,357 to €165,516
- Tax, wage and social debts +€12,712
up €12,712 (+526%), from €2,417 to €15,128
of which Taxes: +€8,400
- Trade debts -€7,431
down €7,431 (-83.5%), from €8,902 to €1,471
- Gross operating margin +€37,545
up €37,545 (+61.2%), from €61,299 to €98,844
- Taxes +€10,501
up €10,501 (+159%), from €6,622 to €17,123
- Depreciation -€4,990
down €4,990 (-16.8%), from €29,653 to €24,663
- Other operating charges +€3,210
up €3,210 (+99.3%), from €3,233 to €6,443
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 | €276,279 | €305,970 | +€29,690 | +10.7% |
| Fixed assets | 21/28 | €172,614 | €174,494 | +€1,880 | +1.1% |
| Tangible fixed assets | 22/27 | €172,614 | €174,494 | +€1,880 | +1.1% |
| Land and buildings | 22 | €5,936 | €30,054 | +€24,118 | +406% |
| Plant, machinery and equipment | 23 | €1,793 | €1,344 | -€449 | -25.0% |
| Furniture and vehicles | 24 | €29,350 | €17,982 | -€11,369 | -38.7% |
| Other tangible fixed assets | 26 | €135,534 | €125,114 | -€10,420 | -7.7% |
| Current assets | 29/58 | €103,665 | €131,475 | +€27,810 | +26.8% |
| Amounts receivable within one year | 40/41 | €8,147 | €8,479 | +€332 | +4.1% |
| Trade receivables | 40 | €6,551 | €8,416 | +€1,865 | +28.5% |
| Other amounts receivable | 41 | €1,596 | €63 | -€1,533 | -96.0% |
| Current investments | 50/53 | - | €41,438 | +€41,438 | |
| Cash at bank and in hand | 54/58 | €88,700 | €80,825 | -€7,875 | -8.9% |
| Deferred charges and accrued income | 490/1 | €6,818 | €734 | -€6,085 | -89.2% |
| Total equity and liabilities | 10/49 | €276,279 | €305,970 | +€29,690 | +10.7% |
| Equity | 10/15 | €57,881 | €103,001 | +€45,121 | +78.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €51,681 | €96,801 | +€45,121 | +87.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €49,821 | €94,941 | +€45,121 | +90.6% |
| Amounts payable | 17/49 | €218,399 | €202,968 | -€15,430 | -7.1% |
| Amounts payable after more than one year | 17 | €186,357 | €165,516 | -€20,841 | -11.2% |
| Financial debts | 170/4 | €186,357 | €165,516 | -€20,841 | -11.2% |
| Amounts payable within one year | 42/48 | €32,042 | €37,452 | +€5,410 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | €20,411 | €20,841 | +€430 | +2.1% |
| Financial debts | 43 | €12 | €12 | +€0 | +0.1% |
| Credit institutions | 430/8 | €12 | €12 | +€0 | +0.1% |
| Trade debts | 44 | €8,902 | €1,471 | -€7,431 | -83.5% |
| Suppliers | 440/4 | €8,902 | €1,471 | -€7,431 | -83.5% |
| Taxes, remuneration and social security | 45 | €2,417 | €15,128 | +€12,712 | +526% |
| Taxes | 450/3 | €2,417 | €10,817 | +€8,400 | +348% |
| Remuneration and social security | 454/9 | €0 | €4,311 | +€4,311 | |
| Other amounts payable | 47/48 | €300 | €0 | -€300 | -100% |
| Non-recurring operating income | 76A | - | €993 | +€993 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,653 | €24,663 | -€4,990 | -16.8% |
| Other operating charges | 640/8 | €3,233 | €6,443 | +€3,210 | +99.3% |
| Gross operating margin | 9900 | €61,299 | €98,844 | +€37,545 | +61.2% |
| Operating profit (loss) | 9901 | €28,414 | €67,738 | +€39,324 | +138% |
| Financial income | 75/76B | €80 | €308 | +€229 | +286% |
| Recurring financial income | 75 | €80 | €308 | +€229 | +286% |
| Financial charges | 65/66B | €5,648 | €5,803 | +€154 | +2.7% |
| Recurring financial charges | 65 | €5,648 | €5,803 | +€154 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €22,845 | €62,244 | +€39,398 | +172% |
| Income taxes | 67/77 | €6,622 | €17,123 | +€10,501 | +159% |
| Profit (loss) for the period | 9904 | €16,223 | €45,121 | +€28,898 | +178% |
| Profit (loss) for the period to be appropriated | 9905 | €16,223 | €45,121 | +€28,898 | +178% |
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 27 October 2026 via checked.be.