BI - CONTINENTAL MANAGEMENT: 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.
BI - CONTINENTAL MANAGEMENT
Largest movements
- Tangible fixed assets +€159,475
up €159,475 (+41.1%), from €388,257 to €547,732
of which Land and buildings: +€177,650
- Cash -€86,600
down €86,600 (-90.0%), from €96,232 to €9,632
mainly Investment in fixed assets (net) (-€203,705) and Short-term financial debts (-€18,361)
- Receivables within one year +€10,835
up €10,835 (+23.1%), from €46,936 to €57,771
of which Trade receivables: +€7,369
- Debts after one year +€93,225
up €93,225 (+43.2%), from €215,981 to €309,206
- Short-term financial debts -€18,361
no longer reported in 2025 (was €18,361)
- Trade debts +€16,346
up €16,346 (+378%), from €4,328 to €20,673
- Profit (loss) carried forward -€16,049
down €16,049 (-25.5%), from €62,945 to €46,896
- Current portion of long-term debt +€12,240
up €12,240 (+49.2%), from €24,859 to €37,099
- Gross operating margin -€16,243
down €16,243 (-11.9%), from €136,046 to €119,803
- Depreciation +€15,985
up €15,985 (+56.6%), from €28,245 to €44,230
- Other operating charges +€14,924
up €14,924 (+1,525%), from €978 to €15,902
- Taxes -€6,660
down €6,660 (-25.9%), from €25,730 to €19,070
- Staff costs +€3,613
up €3,613 (+10.2%), from €35,464 to €39,077
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 | €533,389 | €615,558 | +€82,168 | +15.4% |
| Fixed assets | 21/28 | €388,257 | €547,732 | +€159,475 | +41.1% |
| Tangible fixed assets | 22/27 | €388,257 | €547,732 | +€159,475 | +41.1% |
| Land and buildings | 22 | €362,013 | €539,663 | +€177,650 | +49.1% |
| Plant, machinery and equipment | 23 | €18,129 | €3,221 | -€14,908 | -82.2% |
| Furniture and vehicles | 24 | €8,114 | €4,848 | -€3,266 | -40.3% |
| Current assets | 29/58 | €145,133 | €67,826 | -€77,307 | -53.3% |
| Amounts receivable within one year | 40/41 | €46,936 | €57,771 | +€10,835 | +23.1% |
| Trade receivables | 40 | €718 | €8,086 | +€7,369 | +1,027% |
| Other amounts receivable | 41 | €46,219 | €49,684 | +€3,466 | +7.5% |
| Cash at bank and in hand | 54/58 | €96,232 | €9,632 | -€86,600 | -90.0% |
| Deferred charges and accrued income | 490/1 | €1,964 | €424 | -€1,541 | -78.4% |
| Total equity and liabilities | 10/49 | €533,389 | €615,558 | +€82,168 | +15.4% |
| Equity | 10/15 | €209,119 | €193,070 | -€16,049 | -7.7% |
| Contributions | 10/11 | €62,002 | €62,002 | = | 0.0% |
| Capital | 10 | €62,002 | €62,002 | = | 0.0% |
| Issued capital | 100 | €62,002 | €62,002 | = | 0.0% |
| Reserves | 13 | €84,173 | €84,173 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €77,972 | €77,972 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,945 | €46,896 | -€16,049 | -25.5% |
| Amounts payable | 17/49 | €324,270 | €422,488 | +€98,218 | +30.3% |
| Amounts payable after more than one year | 17 | €215,981 | €309,206 | +€93,225 | +43.2% |
| Financial debts | 170/4 | €215,981 | €309,206 | +€93,225 | +43.2% |
| Amounts payable within one year | 42/48 | €108,289 | €113,282 | +€4,993 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €24,859 | €37,099 | +€12,240 | +49.2% |
| Financial debts | 43 | €18,361 | - | -€18,361 | |
| Credit institutions | 430/8 | €18,361 | - | -€18,361 | |
| Trade debts | 44 | €4,328 | €20,673 | +€16,346 | +378% |
| Suppliers | 440/4 | €4,328 | €20,673 | +€16,346 | +378% |
| Taxes, remuneration and social security | 45 | €60,742 | €54,980 | -€5,762 | -9.5% |
| Taxes | 450/3 | €52,710 | €48,782 | -€3,928 | -7.5% |
| Remuneration and social security | 454/9 | €8,032 | €6,198 | -€1,834 | -22.8% |
| Other amounts payable | 47/48 | - | €530 | +€530 | |
| Remuneration, social security and pensions | 62 | €35,464 | €39,077 | +€3,613 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,245 | €44,230 | +€15,985 | +56.6% |
| Other operating charges | 640/8 | €978 | €15,902 | +€14,924 | +1,525% |
| Non-recurring operating charges | 66A | €84 | €7,121 | +€7,037 | +8,414% |
| Gross operating margin | 9900 | €136,046 | €119,803 | -€16,243 | -11.9% |
| Operating profit (loss) | 9901 | €71,275 | €13,473 | -€57,802 | -81.1% |
| Financial income | 75/76B | €2,799 | €4,259 | +€1,460 | +52.2% |
| Recurring financial income | 75 | €2,799 | €4,259 | +€1,460 | +52.2% |
| Financial charges | 65/66B | €13,010 | €14,711 | +€1,700 | +13.1% |
| Recurring financial charges | 65 | €13,010 | €14,711 | +€1,700 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €61,063 | €3,021 | -€58,042 | -95.1% |
| Income taxes | 67/77 | €25,730 | €19,070 | -€6,660 | -25.9% |
| Profit (loss) for the period | 9904 | €35,334 | -€16,049 | -€51,383 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,334 | -€16,049 | -€51,383 |
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 26 October 2026 via checked.be.