BIAD: 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.
BIAD
Largest movements
- Cash +€53,953
up €53,953 (+59.4%), from €90,759 to €144,713
mainly Other debts (+€163,200) and Net result for the year (+€67,722)
- Deferred charges and accrued income +€7,478
up €7,478 (+367.0%), from €2,038 to €9,516
- Other debts +€163,200
new in 2025: €163,200
- Reserves -€95,500
no longer reported in 2025 (was €95,500)
- Tax, wage and social debts -€5,473
down €5,473 (-46.2%), from €11,839 to €6,366
- Gross operating margin +€37,143
up €37,143 (+74.6%), from €49,801 to €86,944
- Taxes +€7,856
up €7,856 (+75.3%), from €10,435 to €18,292
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 | €110,483 | €172,710 | +€62,227 | +56.3% |
| Fixed assets | 21/28 | €2,289 | €1,727 | -€562 | -24.5% |
| Tangible fixed assets | 22/27 | €2,289 | €1,727 | -€562 | -24.5% |
| Furniture and vehicles | 24 | €2,289 | €1,727 | -€562 | -24.5% |
| Current assets | 29/58 | €108,194 | €170,982 | +€62,789 | +58.0% |
| Amounts receivable within one year | 40/41 | €15,397 | €16,754 | +€1,357 | +8.8% |
| Other amounts receivable | 41 | €15,397 | €16,754 | +€1,357 | +8.8% |
| Cash at bank and in hand | 54/58 | €90,759 | €144,713 | +€53,953 | +59.4% |
| Deferred charges and accrued income | 490/1 | €2,038 | €9,516 | +€7,478 | +367.0% |
| Total equity and liabilities | 10/49 | €110,483 | €172,710 | +€62,227 | +56.3% |
| Equity | 10/15 | €98,622 | €3,144 | -€95,478 | -96.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €95,500 | - | -€95,500 | |
| Distributable reserves | 133 | €95,500 | - | -€95,500 | |
| Profit (loss) carried forward | 14 | €122 | €144 | +€22 | +17.9% |
| Amounts payable | 17/49 | €11,861 | €169,566 | +€157,705 | +1329.6% |
| Amounts payable within one year | 42/48 | €11,861 | €169,566 | +€157,705 | +1329.6% |
| Trade debts | 44 | €22 | - | -€22 | |
| Suppliers | 440/4 | €22 | - | -€22 | |
| Taxes, remuneration and social security | 45 | €11,839 | €6,366 | -€5,473 | -46.2% |
| Taxes | 450/3 | €11,839 | €6,366 | -€5,473 | -46.2% |
| Other amounts payable | 47/48 | - | €163,200 | +€163,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,025 | €1,514 | +€489 | +47.7% |
| Other operating charges | 640/8 | €163 | €200 | +€37 | +22.7% |
| Gross operating margin | 9900 | €49,801 | €86,944 | +€37,143 | +74.6% |
| Operating profit (loss) | 9901 | €48,612 | €85,230 | +€36,618 | +75.3% |
| Financial income | 75/76B | €512 | €829 | +€317 | +61.9% |
| Recurring financial income | 75 | €512 | €829 | +€317 | +61.9% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €49,079 | €86,014 | +€36,934 | +75.3% |
| Income taxes | 67/77 | €10,435 | €18,292 | +€7,856 | +75.3% |
| Profit (loss) for the period | 9904 | €38,644 | €67,722 | +€29,078 | +75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,644 | €67,722 | +€29,078 | +75.2% |
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 2 October 2026 via checked.be.