B.I. HOLDING: what changed
What changed
B.I. HOLDING
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€78,477
2024 · €629,117-€550,640
Equity
€7.4m
2024 · €7.4m+€78,477
Cash
€279,708
2024 · €1.5m-€1.2m
Balance sheet total
€11.4m
2024 · €11.5m-€120,365
Largest movements
Assets
- Cash -€1.2m
down €1.2m (-81.5%), from €1.5m to €279,708
mainly Stocks and contracts (-€1.2m) and Tax, wage and social debts (-€183,077)
- Stocks and contracts +€1.2m
up €1.2m (+1,088%), from €111,429 to €1.3m
- Receivables after one year -€274,002
down €274,002 (-10.2%), from €2.7m to €2.4m
- Current investments +€155,369
up €155,369 (+3.9%), from €4.0m to €4.2m
Equity and liabilities
- Tax, wage and social debts -€183,077
down €183,077 (-66.3%), from €276,168 to €93,092
Income statement
- Gross operating margin -€628,098
down €628,098 (-83.8%), from €749,812 to €121,714
- Taxes -€262,721
down €262,721 (-85.4%), from €307,487 to €44,765
- Financial income -€170,749
down €170,749 (-40.9%), from €417,738 to €246,990
- Financial charges +€12,627
up €12,627 (+6.5%), from €194,446 to €207,073
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
€629,117
Gross operating margin
-€628,098
Depreciation
-€1,071
Other operating charges
-€816
Financial income
-€170,749
Financial charges
-€12,627
Taxes
+€262,721
Result 2025
€78,477
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
-€1.0m
Investment
-€204,247
Financing
€0
Cash 2024
€1.5m
From operations (derived)
-€1.0m
Net result for the year
+€78,477
Depreciation
+€32,720
Receivables after one year
+€274,002
Stocks and contracts
-€1.2m
Smaller working-capital items
-€1,600
Trade debts
+€3,620
Tax, wage and social debts
-€183,077
Other debts
-€19,386
Investment (derived)
-€204,247
Investment in fixed assets (net)
-€48,879
Current investments
-€155,369
Cash 2025
€279,708
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,504,074 | €11,383,709 | -€120,365 | -1.0% |
| Fixed assets | 21/28 | €3,167,542 | €3,183,700 | +€16,158 | +0.5% |
| Tangible fixed assets | 22/27 | €478,036 | €490,945 | +€12,908 | +2.7% |
| Land and buildings | 22 | €466,503 | €452,404 | -€14,098 | -3.0% |
| Plant, machinery and equipment | 23 | - | €886 | +€886 | |
| Furniture and vehicles | 24 | €11,534 | €37,654 | +€26,121 | +226% |
| Financial fixed assets | 28 | €2,689,506 | €2,692,756 | +€3,250 | +0.1% |
| Current assets | 29/58 | €8,336,532 | €8,200,009 | -€136,523 | -1.6% |
| Amounts receivable after more than one year | 29 | €2,688,150 | €2,414,148 | -€274,002 | -10.2% |
| Trade receivables | 290 | €2,688,150 | €2,414,148 | -€274,002 | -10.2% |
| Stocks and contracts in progress | 3 | €111,429 | €1,324,050 | +€1.2m | +1,088% |
| Stocks | 30/36 | €111,429 | €1,324,050 | +€1.2m | +1,088% |
| Amounts receivable within one year | 40/41 | €26,517 | €27,225 | +€709 | +2.7% |
| Trade receivables | 40 | €26,517 | €27,225 | +€709 | +2.7% |
| Current investments | 50/53 | €3,998,619 | €4,153,988 | +€155,369 | +3.9% |
| Cash at bank and in hand | 54/58 | €1,511,819 | €279,708 | -€1.2m | -81.5% |
| Deferred charges and accrued income | 490/1 | - | €891 | +€891 | |
| Total equity and liabilities | 10/49 | €11,504,074 | €11,383,709 | -€120,365 | -1.0% |
| Equity | 10/15 | €7,366,680 | €7,445,157 | +€78,477 | +1.1% |
| Contributions | 10/11 | €164,631 | €164,631 | = | 0.0% |
| Capital | 10 | €164,631 | €164,631 | = | 0.0% |
| Issued capital | 100 | €164,631 | €164,631 | = | 0.0% |
| Reserves | 13 | €2,123,858 | €2,202,335 | +€78,477 | +3.7% |
| Non-distributable reserves | 130/1 | €16,463 | €16,463 | = | 0.0% |
| Legal reserve | 130 | €16,463 | €16,463 | = | 0.0% |
| Distributable reserves | 133 | €2,107,394 | €2,185,871 | +€78,477 | +3.7% |
| Profit (loss) carried forward | 14 | €5,078,192 | €5,078,192 | = | 0.0% |
| Amounts payable | 17/49 | €4,137,394 | €3,938,552 | -€198,842 | -4.8% |
| Amounts payable within one year | 42/48 | €4,137,394 | €3,938,552 | -€198,842 | -4.8% |
| Trade debts | 44 | €858 | €4,478 | +€3,620 | +422% |
| Suppliers | 440/4 | €858 | €4,478 | +€3,620 | +422% |
| Taxes, remuneration and social security | 45 | €276,168 | €93,092 | -€183,077 | -66.3% |
| Taxes | 450/3 | €276,168 | €93,092 | -€183,077 | -66.3% |
| Other amounts payable | 47/48 | €3,860,368 | €3,840,982 | -€19,386 | -0.5% |
| Non-recurring operating income | 76A | €995 | - | -€995 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,649 | €32,720 | +€1,071 | +3.4% |
| Other operating charges | 640/8 | €4,853 | €5,669 | +€816 | +16.8% |
| Gross operating margin | 9900 | €749,812 | €121,714 | -€628,098 | -83.8% |
| Operating profit (loss) | 9901 | €713,311 | €83,325 | -€629,985 | -88.3% |
| Financial income | 75/76B | €417,738 | €246,990 | -€170,749 | -40.9% |
| Recurring financial income | 75 | €417,738 | €246,990 | -€170,749 | -40.9% |
| Financial charges | 65/66B | €194,446 | €207,073 | +€12,627 | +6.5% |
| Recurring financial charges | 65 | €194,446 | €207,073 | +€12,627 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €936,603 | €123,242 | -€813,361 | -86.8% |
| Income taxes | 67/77 | €307,487 | €44,765 | -€262,721 | -85.4% |
| Profit (loss) for the period | 9904 | €629,117 | €78,477 | -€550,640 | -87.5% |
| Profit (loss) for the period to be appropriated | 9905 | €629,117 | €78,477 | -€550,640 | -87.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.