BIA ENGINEERING: 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.
BIA ENGINEERING
Largest movements
- Receivables after one year -€35,331
no longer reported in 2025 (was €35,331)
- Tangible fixed assets -€22,260
down €22,260 (-16.8%), from €132,166 to €109,906
of which Furniture and vehicles: -€18,072
- Cash -€19,953
down €19,953 (-36.1%), from €55,348 to €35,395
mainly Other debts (-€25,340) and Debts after one year (-€21,593)
- Stocks and contracts +€17,318
new in 2025: €17,318
- Receivables within one year +€14,077
up €14,077 (+72.5%), from €19,409 to €33,486
of which Other amounts receivable: +€29,758
- Other debts -€25,340
no longer reported in 2025 (was €25,340)
- Debts after one year -€21,593
down €21,593 (-22.8%), from €94,506 to €72,914
- Reserves +€7,664
up €7,664 (+9.7%), from €78,742 to €86,406
- Tax, wage and social debts -€5,884
down €5,884 (-50.5%), from €11,651 to €5,767
of which Taxes: -€5,884
- Trade debts -€5,379
down €5,379 (-96.7%), from €5,564 to €185
- Gross operating margin -€3,748
down €3,748 (-7.1%), from €52,970 to €49,222
- Taxes -€2,372
down €2,372 (-25.0%), from €9,471 to €7,099
- Depreciation +€1,251
up €1,251 (+4.8%), from €25,811 to €27,062
- Financial charges -€784
down €784 (-14.2%), from €5,535 to €4,751
- Financial income -€642
down €642 (-41.1%), from €1,563 to €920
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 | €244,798 | €196,104 | -€48,694 | -19.9% |
| Fixed assets | 21/28 | €132,166 | €109,906 | -€22,260 | -16.8% |
| Tangible fixed assets | 22/27 | €132,166 | €109,906 | -€22,260 | -16.8% |
| Land and buildings | 22 | €81,919 | €72,427 | -€9,492 | -11.6% |
| Plant, machinery and equipment | 23 | €868 | - | -€868 | |
| Furniture and vehicles | 24 | €42,756 | €24,683 | -€18,072 | -42.3% |
| Other tangible fixed assets | 26 | €6,623 | €12,796 | +€6,173 | +93.2% |
| Current assets | 29/58 | €112,632 | €86,198 | -€26,434 | -23.5% |
| Amounts receivable after more than one year | 29 | €35,331 | - | -€35,331 | |
| Other amounts receivable | 291 | €35,331 | - | -€35,331 | |
| Stocks and contracts in progress | 3 | - | €17,318 | +€17,318 | |
| Contracts in progress | 37 | - | €17,318 | +€17,318 | |
| Amounts receivable within one year | 40/41 | €19,409 | €33,486 | +€14,077 | +72.5% |
| Trade receivables | 40 | €16,880 | €1,199 | -€15,681 | -92.9% |
| Other amounts receivable | 41 | €2,529 | €32,287 | +€29,758 | +1,177% |
| Cash at bank and in hand | 54/58 | €55,348 | €35,395 | -€19,953 | -36.1% |
| Deferred charges and accrued income | 490/1 | €2,545 | - | -€2,545 | |
| Total equity and liabilities | 10/49 | €244,798 | €196,104 | -€48,694 | -19.9% |
| Equity | 10/15 | €84,942 | €92,606 | +€7,664 | +9.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €78,742 | €86,406 | +€7,664 | +9.7% |
| Distributable reserves | 133 | €78,742 | €86,406 | +€7,664 | +9.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €159,856 | €103,498 | -€56,358 | -35.3% |
| Amounts payable after more than one year | 17 | €94,506 | €72,914 | -€21,593 | -22.8% |
| Financial debts | 170/4 | €94,506 | €72,914 | -€21,593 | -22.8% |
| Amounts payable within one year | 42/48 | €65,349 | €30,584 | -€34,765 | -53.2% |
| Current portion of amounts payable after more than one year | 42 | €20,789 | €24,632 | +€3,843 | +18.5% |
| Financial debts | 43 | €2,005 | - | -€2,005 | |
| Other loans | 439 | €2,005 | - | -€2,005 | |
| Trade debts | 44 | €5,564 | €185 | -€5,379 | -96.7% |
| Suppliers | 440/4 | €5,564 | €185 | -€5,379 | -96.7% |
| Taxes, remuneration and social security | 45 | €11,651 | €5,767 | -€5,884 | -50.5% |
| Taxes | 450/3 | €8,951 | €3,067 | -€5,884 | -65.7% |
| Remuneration and social security | 454/9 | €2,700 | €2,700 | = | 0.0% |
| Other amounts payable | 47/48 | €25,340 | - | -€25,340 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,811 | €27,062 | +€1,251 | +4.8% |
| Other operating charges | 640/8 | €2,953 | €3,566 | +€613 | +20.7% |
| Non-recurring operating charges | 66A | €908 | - | -€908 | |
| Gross operating margin | 9900 | €52,970 | €49,222 | -€3,748 | -7.1% |
| Operating profit (loss) | 9901 | €23,298 | €18,594 | -€4,703 | -20.2% |
| Financial income | 75/76B | €1,563 | €920 | -€642 | -41.1% |
| Recurring financial income | 75 | €1,563 | €920 | -€642 | -41.1% |
| Financial charges | 65/66B | €5,535 | €4,751 | -€784 | -14.2% |
| Recurring financial charges | 65 | €5,535 | €4,751 | -€784 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €19,325 | €14,763 | -€4,562 | -23.6% |
| Income taxes | 67/77 | €9,471 | €7,099 | -€2,372 | -25.0% |
| Profit (loss) for the period | 9904 | €9,854 | €7,664 | -€2,191 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,854 | €7,664 | -€2,191 | -22.2% |
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 23 October 2026 via checked.be.