B.I.R.: 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.I.R.
Largest movements
- Receivables within one year +€17,172
up €17,172 (+34.8%), from €49,354 to €66,527
of which Other amounts receivable: +€13,057
- Financial fixed assets +€3,352
new in 2025: €3,352
- Cash -€1,589
down €1,589 (-49.3%), from €3,227 to €1,637
mainly Receivables within one year (-€17,172) and Investment in fixed assets (net) (-€5,749)
- Tangible fixed assets +€998
up €998 (+90.1%), from €1,107 to €2,106
- Reserves +€22,030
up €22,030 (+63.3%), from €34,779 to €56,809
- Trade debts -€4,918
down €4,918 (-81.0%), from €6,070 to €1,152
- Tax, wage and social debts +€2,969
up €2,969 (+22.4%), from €13,239 to €16,208
- Gross operating margin +€11,670
up €11,670 (+60.2%), from €19,375 to €31,045
- Taxes +€2,687
up €2,687 (+68.8%), from €3,906 to €6,592
- Other operating charges +€658
new in 2025: €658
- Depreciation +€627
up €627 (+81.3%), from €771 to €1,398
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 | €55,588 | €75,669 | +€20,081 | +36.1% |
| Fixed assets | 21/28 | €1,107 | €5,458 | +€4,350 | +393% |
| Tangible fixed assets | 22/27 | €1,107 | €2,106 | +€998 | +90.1% |
| Plant, machinery and equipment | 23 | €1,107 | €2,106 | +€998 | +90.1% |
| Financial fixed assets | 28 | - | €3,352 | +€3,352 | |
| Current assets | 29/58 | €54,481 | €70,212 | +€15,731 | +28.9% |
| Amounts receivable after more than one year | 29 | €1,500 | €1,500 | = | 0.0% |
| Trade receivables | 290 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €49,354 | €66,527 | +€17,172 | +34.8% |
| Trade receivables | 40 | €467 | €4,583 | +€4,116 | +881% |
| Other amounts receivable | 41 | €48,887 | €61,944 | +€13,057 | +26.7% |
| Cash at bank and in hand | 54/58 | €3,227 | €1,637 | -€1,589 | -49.3% |
| Deferred charges and accrued income | 490/1 | €400 | €548 | +€148 | +36.9% |
| Total equity and liabilities | 10/49 | €55,588 | €75,669 | +€20,081 | +36.1% |
| Equity | 10/15 | €36,279 | €58,309 | +€22,030 | +60.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €34,779 | €56,809 | +€22,030 | +63.3% |
| Distributable reserves | 133 | €34,779 | €56,809 | +€22,030 | +63.3% |
| Amounts payable | 17/49 | €19,309 | €17,360 | -€1,949 | -10.1% |
| Amounts payable within one year | 42/48 | €19,309 | €17,360 | -€1,949 | -10.1% |
| Trade debts | 44 | €6,070 | €1,152 | -€4,918 | -81.0% |
| Suppliers | 440/4 | €6,070 | €1,152 | -€4,918 | -81.0% |
| Taxes, remuneration and social security | 45 | €13,239 | €16,208 | +€2,969 | +22.4% |
| Taxes | 450/3 | €13,239 | €16,208 | +€2,969 | +22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €771 | €1,398 | +€627 | +81.3% |
| Other operating charges | 640/8 | - | €658 | +€658 | |
| Gross operating margin | 9900 | €19,375 | €31,045 | +€11,670 | +60.2% |
| Operating profit (loss) | 9901 | €18,604 | €28,989 | +€10,385 | +55.8% |
| Financial charges | 65/66B | €136 | €366 | +€230 | +170% |
| Recurring financial charges | 65 | €136 | €366 | +€230 | +170% |
| Profit (loss) for the period before taxes | 9903 | €18,468 | €28,622 | +€10,155 | +55.0% |
| Income taxes | 67/77 | €3,906 | €6,592 | +€2,687 | +68.8% |
| Profit (loss) for the period | 9904 | €14,562 | €22,030 | +€7,468 | +51.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,562 | €22,030 | +€7,468 | +51.3% |
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 28 October 2026 via checked.be.