BFIRE: what changed
Two fiscal 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.
BFIRE
Largest movements
- Cash +€42,071
up €42,071 (+65.3%), from €64,379 to €106,449
mainly Trade debts (+€24,489) and Net result for the year (+€12,442)
- Receivables within one year +€1,782
up €1,782 (+3.1%), from €57,163 to €58,945
- Trade debts +€24,489
up €24,489 (+238.3%), from €10,277 to €34,766
- Profit (loss) carried forward +€12,442
up €12,442 (+23.8%), from €52,328 to €64,771
- Tax, wage and social debts +€8,449
up €8,449 (+22.3%), from €37,957 to €46,406
of which Taxes: +€7,939
- Gross operating margin -€63,852
down €63,852 (-76.6%), from €83,373 to €19,521
- Taxes -€14,933
down €14,933 (-71.1%), from €21,013 to €6,079
- Staff costs -€7,312
down €7,312 (-100.0%), from €7,312 to €0
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.
Cash bridge derived
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 | €122,579 | €167,960 | +€45,381 | +37.0% |
| Fixed assets | 21/28 | €870 | €1,893 | +€1,023 | +117.7% |
| Tangible fixed assets | 22/27 | €815 | €1,838 | +€1,023 | +125.7% |
| Plant, machinery and equipment | 23 | €815 | €1,838 | +€1,023 | +125.7% |
| Financial fixed assets | 28 | €55 | €55 | = | 0.0% |
| Current assets | 29/58 | €121,710 | €166,067 | +€44,357 | +36.4% |
| Amounts receivable within one year | 40/41 | €57,163 | €58,945 | +€1,782 | +3.1% |
| Trade receivables | 40 | €57,163 | €58,945 | +€1,782 | +3.1% |
| Cash at bank and in hand | 54/58 | €64,379 | €106,449 | +€42,071 | +65.3% |
| Deferred charges and accrued income | 490/1 | €169 | €673 | +€504 | +299.0% |
| Total equity and liabilities | 10/49 | €122,579 | €167,960 | +€45,381 | +37.0% |
| Equity | 10/15 | €72,788 | €85,231 | +€12,442 | +17.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,328 | €64,771 | +€12,442 | +23.8% |
| Amounts payable | 17/49 | €49,791 | €82,729 | +€32,938 | +66.2% |
| Amounts payable within one year | 42/48 | €49,791 | €82,729 | +€32,938 | +66.2% |
| Trade debts | 44 | €10,277 | €34,766 | +€24,489 | +238.3% |
| Suppliers | 440/4 | €10,277 | €34,766 | +€24,489 | +238.3% |
| Taxes, remuneration and social security | 45 | €37,957 | €46,406 | +€8,449 | +22.3% |
| Taxes | 450/3 | €31,522 | €39,461 | +€7,939 | +25.2% |
| Remuneration and social security | 454/9 | €6,435 | €6,945 | +€510 | +7.9% |
| Other amounts payable | 47/48 | €1,557 | €1,557 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €7,312 | €0 | -€7,312 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110 | €275 | +€165 | +150.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €83,373 | €19,521 | -€63,852 | -76.6% |
| Operating profit (loss) | 9901 | €75,564 | €18,847 | -€56,718 | -75.1% |
| Financial income | 75/76B | €134 | €91 | -€43 | -32.0% |
| Recurring financial income | 75 | €134 | €91 | -€43 | -32.0% |
| Financial charges | 65/66B | €424 | €416 | -€7 | -1.8% |
| Recurring financial charges | 65 | €424 | €416 | -€7 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €75,275 | €18,522 | -€56,753 | -75.4% |
| Income taxes | 67/77 | €21,013 | €6,079 | -€14,933 | -71.1% |
| Profit (loss) for the period | 9904 | €54,262 | €12,442 | -€41,820 | -77.1% |
| Profit (loss) for the period to be appropriated | 9905 | €54,262 | €12,442 | -€41,820 | -77.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.