B.I.Q.S.: what changed
B.I.Q.S.
Largest movements
- Receivables within one year +€25,826
up €25,826 (+106%), from €24,324 to €50,151
of which Other amounts receivable: +€24,795
- Cash -€772
down €772 (-7.2%), from €10,710 to €9,937
mainly Receivables within one year (-€25,826) and Provisions (-€12,500)
- Reserves +€29,612
up €29,612, from €0 to €29,612
of which Distributable reserves: +€29,612
- Provisions -€12,500
down €12,500 (-100%), from €12,500 to €0
- Tax, wage and social debts +€6,309
up €6,309 (+155%), from €4,075 to €10,384
- Trade debts +€1,168
up €1,168 (+113%), from €1,030 to €2,198
- Gross operating margin +€37,617
up €37,617, from -€2,093 to €35,524
- Provisions +€25,000
up €25,000 (+66.7%), from -€37,500 to -€12,500
- Taxes +€11,113
up €11,113 (+196%), from €5,683 to €16,796
- Depreciation -€7,858
down €7,858 (-100%), from €7,858 to €0
- Financial income +€1,108
up €1,108 (+316%), from €350 to €1,458
of which Financial income: +€1,108
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,184 | €60,788 | +€24,604 | +68.0% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Current assets | 29/58 | €36,184 | €60,788 | +€24,604 | +68.0% |
| Amounts receivable within one year | 40/41 | €24,324 | €50,151 | +€25,826 | +106% |
| Trade receivables | 40 | €16,393 | €17,424 | +€1,031 | +6.3% |
| Other amounts receivable | 41 | €7,931 | €32,727 | +€24,795 | +313% |
| Cash at bank and in hand | 54/58 | €10,710 | €9,937 | -€772 | -7.2% |
| Deferred charges and accrued income | 490/1 | €1,150 | €700 | -€450 | -39.2% |
| Total equity and liabilities | 10/49 | €36,184 | €60,788 | +€24,604 | +68.0% |
| Equity | 10/15 | €18,579 | €48,204 | +€29,624 | +159% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €0 | €29,612 | +€29,612 | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | - | €29,612 | +€29,612 | |
| Profit (loss) carried forward | 14 | -€13 | €0 | +€13 | |
| Provisions and deferred taxes | 16 | €12,500 | €0 | -€12,500 | -100% |
| Provisions for liabilities and charges | 160/5 | €12,500 | €0 | -€12,500 | -100% |
| Pensions and similar obligations | 160 | €12,500 | €0 | -€12,500 | -100% |
| Amounts payable | 17/49 | €5,105 | €12,584 | +€7,479 | +147% |
| Amounts payable within one year | 42/48 | €5,105 | €12,581 | +€7,477 | +146% |
| Trade debts | 44 | €1,030 | €2,198 | +€1,168 | +113% |
| Suppliers | 440/4 | €1,030 | €2,198 | +€1,168 | +113% |
| Taxes, remuneration and social security | 45 | €4,075 | €10,384 | +€6,309 | +155% |
| Taxes | 450/3 | €4,075 | €10,384 | +€6,309 | +155% |
| Accrued charges and deferred income | 492/3 | €0 | €3 | +€3 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,858 | €0 | -€7,858 | -100% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€37,500 | -€12,500 | +€25,000 | +66.7% |
| Other operating charges | 640/8 | €1,983 | €1,994 | +€11 | +0.5% |
| Gross operating margin | 9900 | -€2,093 | €35,524 | +€37,617 | |
| Operating profit (loss) | 9901 | €25,566 | €46,031 | +€20,465 | +80.0% |
| Financial income | 75/76B | €350 | €1,458 | +€1,108 | +316% |
| Recurring financial income | 75 | €350 | €1,458 | +€1,108 | +316% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €1,134 | €1,068 | -€66 | -5.8% |
| Recurring financial charges | 65 | €1,134 | €1,068 | -€66 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €24,782 | €46,420 | +€21,638 | +87.3% |
| Income taxes | 67/77 | €5,683 | €16,796 | +€11,113 | +196% |
| Profit (loss) for the period | 9904 | €19,099 | €29,624 | +€10,525 | +55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,099 | €29,624 | +€10,525 | +55.1% |
Next steps
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 2 November 2026 via checked.be.