BIAF TECHNICS: what changed
BIAF TECHNICS
Largest movements
- Cash +€78,256
up €78,256 (+361%), from €21,689 to €99,946
mainly Net result for the year (+€59,834) and Depreciation (+€55,337)
- Tangible fixed assets +€43,022
up €43,022 (+39.7%), from €108,432 to €151,455
of which Plant, machinery and equipment: +€52,607
- Receivables within one year -€42,257
down €42,257 (-44.5%), from €94,882 to €52,625
of which Trade receivables: -€27,850
- Reserves +€59,834
new in 2025: €59,834
- Tax, wage and social debts +€51,418
up €51,418 (+188%), from €27,366 to €78,784
of which Remuneration and social security: +€37,488
- Trade debts -€19,918
down €19,918 (-22.1%), from €90,250 to €70,332
- Other debts -€12,312
down €12,312 (-26.3%), from €46,850 to €34,538
- Turnover -€805,351
no longer reported in 2025 (was €805,351)
- Purchases and services -€519,304
no longer reported in 2025 (was €519,304)
- Gross operating margin +€187,900
up €187,900 (+59.6%), from €315,386 to €503,286
- Staff costs +€144,973
up €144,973 (+68.8%), from €210,722 to €355,695
- Depreciation +€18,964
up €18,964 (+52.1%), from €36,373 to €55,337
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €236,681 | €315,703 | +€79,022 | +33.4% |
| Fixed assets | 21/28 | €120,110 | €163,132 | +€43,022 | +35.8% |
| Intangible fixed assets | 21 | €8,150 | €8,150 | = | 0.0% |
| Tangible fixed assets | 22/27 | €108,432 | €151,455 | +€43,022 | +39.7% |
| Plant, machinery and equipment | 23 | €11,649 | €64,256 | +€52,607 | +452% |
| Furniture and vehicles | 24 | €96,202 | €86,984 | -€9,218 | -9.6% |
| Other tangible fixed assets | 26 | €582 | €215 | -€367 | -63.0% |
| Financial fixed assets | 28 | €3,527 | €3,527 | = | 0.0% |
| Current assets | 29/58 | €116,572 | €152,571 | +€35,999 | +30.9% |
| Amounts receivable within one year | 40/41 | €94,882 | €52,625 | -€42,257 | -44.5% |
| Trade receivables | 40 | €79,771 | €51,921 | -€27,850 | -34.9% |
| Other amounts receivable | 41 | €15,111 | €704 | -€14,407 | -95.3% |
| Cash at bank and in hand | 54/58 | €21,689 | €99,946 | +€78,256 | +361% |
| Total equity and liabilities | 10/49 | €236,681 | €315,703 | +€79,022 | +33.4% |
| Equity | 10/15 | €72,215 | €132,049 | +€59,834 | +82.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Contributions outside capital | 11 | €1,000 | - | -€1,000 | |
| Other | 1109/19 | €1,000 | - | -€1,000 | |
| Reserves | 13 | - | €59,834 | +€59,834 | |
| Distributable reserves | 133 | - | €59,834 | +€59,834 | |
| Profit (loss) carried forward | 14 | €71,215 | €71,215 | = | 0.0% |
| Amounts payable | 17/49 | €164,466 | €183,654 | +€19,188 | +11.7% |
| Amounts payable within one year | 42/48 | €164,466 | €183,654 | +€19,188 | +11.7% |
| Trade debts | 44 | €90,250 | €70,332 | -€19,918 | -22.1% |
| Suppliers | 440/4 | €90,250 | €70,332 | -€19,918 | -22.1% |
| Taxes, remuneration and social security | 45 | €27,366 | €78,784 | +€51,418 | +188% |
| Taxes | 450/3 | €8,131 | €22,061 | +€13,930 | +171% |
| Remuneration and social security | 454/9 | €19,235 | €56,722 | +€37,488 | +195% |
| Other amounts payable | 47/48 | €46,850 | €34,538 | -€12,312 | -26.3% |
| Turnover | 70 | €805,351 | - | -€805,351 | |
| Goods, raw materials, services and sundry goods | 60/61 | €519,304 | - | -€519,304 | |
| Remuneration, social security and pensions | 62 | €210,722 | €355,695 | +€144,973 | +68.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,373 | €55,337 | +€18,964 | +52.1% |
| Other operating charges | 640/8 | €9,739 | €8,142 | -€1,598 | -16.4% |
| Non-recurring operating charges | 66A | €500 | - | -€500 | |
| Gross operating margin | 9900 | €315,386 | €503,286 | +€187,900 | +59.6% |
| Operating profit (loss) | 9901 | €58,051 | €84,112 | +€26,061 | +44.9% |
| Financial charges | 65/66B | €347 | €2,217 | +€1,870 | +539% |
| Recurring financial charges | 65 | €347 | €2,217 | +€1,870 | +539% |
| Profit (loss) for the period before taxes | 9903 | €57,704 | €81,895 | +€24,191 | +41.9% |
| Income taxes | 67/77 | €13,929 | €22,061 | +€8,133 | +58.4% |
| Profit (loss) for the period | 9904 | €43,775 | €59,834 | +€16,059 | +36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €43,775 | €59,834 | +€16,059 | +36.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.