BF PHYSIOACTIVE: 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.
BF PHYSIOACTIVE
Largest movements
- Tangible fixed assets +€45,402
up €45,402 (+844%), from €5,378 to €50,781
of which Furniture and vehicles: +€44,891
- Cash +€17,415
up €17,415 (+104%), from €16,792 to €34,207
mainly Net result for the year (+€32,864) and Debts after one year (+€21,650)
- Receivables within one year +€6,187
up €6,187 (+466%), from €1,327 to €7,514
- Deferred charges and accrued income +€2,502
up €2,502 (+2,716%), from €92 to €2,594
- Reserves +€32,864
up €32,864 (+396%), from €8,294 to €41,158
- Debts after one year +€21,650
new in 2025: €21,650
- Current portion of long-term debt +€7,177
new in 2025: €7,177
- Tax, wage and social debts +€6,563
up €6,563 (+259%), from €2,534 to €9,097
- Trade debts +€5,766
new in 2025: €5,766
- Gross operating margin +€35,295
up €35,295 (+246%), from €14,357 to €49,652
- Taxes +€9,563
up €9,563 (+377%), from €2,534 to €12,097
- Depreciation +€959
up €959 (+28.6%), from €3,354 to €4,313
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 | €23,591 | €95,096 | +€71,505 | +303% |
| Fixed assets | 21/28 | €5,379 | €50,781 | +€45,402 | +844% |
| Intangible fixed assets | 21 | €1 | €1 | -€0 | -23.5% |
| Tangible fixed assets | 22/27 | €5,378 | €50,781 | +€45,402 | +844% |
| Plant, machinery and equipment | 23 | €1,190 | €1,701 | +€511 | +43.0% |
| Furniture and vehicles | 24 | €4,189 | €49,080 | +€44,891 | +1,072% |
| Current assets | 29/58 | €18,211 | €44,315 | +€26,103 | +143% |
| Amounts receivable within one year | 40/41 | €1,327 | €7,514 | +€6,187 | +466% |
| Trade receivables | 40 | €1,327 | €7,514 | +€6,187 | +466% |
| Cash at bank and in hand | 54/58 | €16,792 | €34,207 | +€17,415 | +104% |
| Deferred charges and accrued income | 490/1 | €92 | €2,594 | +€2,502 | +2,716% |
| Total equity and liabilities | 10/49 | €23,591 | €95,096 | +€71,505 | +303% |
| Equity | 10/15 | €10,294 | €43,158 | +€32,864 | +319% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €8,294 | €41,158 | +€32,864 | +396% |
| Distributable reserves | 133 | €8,294 | €41,158 | +€32,864 | +396% |
| Amounts payable | 17/49 | €13,297 | €51,938 | +€38,641 | +291% |
| Amounts payable after more than one year | 17 | - | €21,650 | +€21,650 | |
| Financial debts | 170/4 | - | €21,650 | +€21,650 | |
| Amounts payable within one year | 42/48 | €11,731 | €28,721 | +€16,990 | +145% |
| Current portion of amounts payable after more than one year | 42 | - | €7,177 | +€7,177 | |
| Financial debts | 43 | - | €80 | +€80 | |
| Credit institutions | 430/8 | - | €80 | +€80 | |
| Trade debts | 44 | - | €5,766 | +€5,766 | |
| Suppliers | 440/4 | - | €5,766 | +€5,766 | |
| Taxes, remuneration and social security | 45 | €2,534 | €9,097 | +€6,563 | +259% |
| Taxes | 450/3 | €2,534 | €9,097 | +€6,563 | +259% |
| Other amounts payable | 47/48 | €9,198 | €6,602 | -€2,596 | -28.2% |
| Accrued charges and deferred income | 492/3 | €1,566 | €1,567 | +€1 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,354 | €4,313 | +€959 | +28.6% |
| Other operating charges | 640/8 | €171 | €185 | +€14 | +8.0% |
| Gross operating margin | 9900 | €14,357 | €49,652 | +€35,295 | +246% |
| Operating profit (loss) | 9901 | €10,832 | €45,154 | +€34,322 | +317% |
| Financial income | 75/76B | - | €80 | +€80 | |
| Recurring financial income | 75 | - | €80 | +€80 | |
| Financial charges | 65/66B | €5 | €273 | +€268 | +5,900% |
| Recurring financial charges | 65 | €5 | €273 | +€268 | +5,900% |
| Profit (loss) for the period before taxes | 9903 | €10,827 | €44,961 | +€34,134 | +315% |
| Income taxes | 67/77 | €2,534 | €12,097 | +€9,563 | +377% |
| Profit (loss) for the period | 9904 | €8,294 | €32,864 | +€24,570 | +296% |
| Profit (loss) for the period to be appropriated | 9905 | €8,294 | €32,864 | +€24,570 | +296% |
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 15 October 2026 via checked.be.