BI Logic: 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.
BI Logic
Largest movements
- Cash +€46,363
up €46,363 (+17.4%), from €266,185 to €312,549
mainly Net result for the year (+€46,861) and Tax, wage and social debts (+€2,469)
- Receivables within one year +€3,601
up €3,601 (+28.5%), from €12,632 to €16,233
of which Other amounts receivable: +€1,850
- Reserves +€46,800
up €46,800 (+18.3%), from €255,420 to €302,220
of which Distributable reserves: +€46,800
- Gross operating margin +€5,198
up €5,198 (+8.4%), from €61,591 to €66,789
- Taxes +€1,831
up €1,831 (+11.3%), from €16,140 to €17,971
- Financial income +€685
up €685 (+132.5%), from €517 to €1,202
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 | €282,185 | €332,292 | +€50,107 | +17.8% |
| Current assets | 29/58 | €282,185 | €332,292 | +€50,107 | +17.8% |
| Amounts receivable within one year | 40/41 | €12,632 | €16,233 | +€3,601 | +28.5% |
| Trade receivables | 40 | €12,093 | €13,844 | +€1,751 | +14.5% |
| Other amounts receivable | 41 | €540 | €2,389 | +€1,850 | +342.8% |
| Cash at bank and in hand | 54/58 | €266,185 | €312,549 | +€46,363 | +17.4% |
| Deferred charges and accrued income | 490/1 | €3,368 | €3,511 | +€143 | +4.3% |
| Total equity and liabilities | 10/49 | €282,185 | €332,292 | +€50,107 | +17.8% |
| Equity | 10/15 | €276,726 | €323,587 | +€46,861 | +16.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €255,420 | €302,220 | +€46,800 | +18.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €253,560 | €300,360 | +€46,800 | +18.5% |
| Profit (loss) carried forward | 14 | €2,706 | €2,767 | +€61 | +2.3% |
| Amounts payable | 17/49 | €5,459 | €8,705 | +€3,246 | +59.5% |
| Amounts payable within one year | 42/48 | €5,018 | €8,180 | +€3,162 | +63.0% |
| Trade debts | 44 | €85 | €41 | -€44 | -51.7% |
| Suppliers | 440/4 | €85 | €41 | -€44 | -51.7% |
| Taxes, remuneration and social security | 45 | €2,505 | €4,974 | +€2,469 | +98.6% |
| Taxes | 450/3 | €2,505 | €4,974 | +€2,469 | +98.6% |
| Other amounts payable | 47/48 | €2,428 | €3,165 | +€737 | +30.3% |
| Accrued charges and deferred income | 492/3 | €441 | €525 | +€84 | +19.1% |
| Other operating charges | 640/8 | €495 | €419 | -€76 | -15.4% |
| Gross operating margin | 9900 | €61,591 | €66,789 | +€5,198 | +8.4% |
| Operating profit (loss) | 9901 | €61,096 | €66,370 | +€5,274 | +8.6% |
| Financial income | 75/76B | €517 | €1,202 | +€685 | +132.5% |
| Recurring financial income | 75 | €517 | €1,202 | +€685 | +132.5% |
| Financial charges | 65/66B | €3,269 | €2,740 | -€529 | -16.2% |
| Recurring financial charges | 65 | €3,269 | €2,740 | -€529 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €58,344 | €64,832 | +€6,488 | +11.1% |
| Income taxes | 67/77 | €16,140 | €17,971 | +€1,831 | +11.3% |
| Profit (loss) for the period | 9904 | €42,204 | €46,861 | +€4,657 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,204 | €46,861 | +€4,657 | +11.0% |
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 6 October 2026 via checked.be.