BIAK: 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.
BIAK
Largest movements
- Receivables within one year -€152,546
down €152,546 (-83.9%), from €181,886 to €29,340
- Cash -€29,791
down €29,791 (-57.4%), from €51,945 to €22,153
mainly Contributions, distributions and other (-€193,108) and Net result for the year (-€8,759)
- Current investments -€18,000
down €18,000 (-11.6%), from €155,605 to €137,605
- Tangible fixed assets -€6,899
down €6,899 (-7.4%), from €93,297 to €86,398
- Reserves -€201,866
down €201,866 (-46.1%), from €437,497 to €235,631
of which Distributable reserves: -€201,866
- Trade debts -€5,839
down €5,839 (-82.0%), from €7,122 to €1,283
- Gross operating margin -€13,786
down €13,786 (-77.6%), from €17,756 to €3,970
- Taxes -€4,441
down €4,441 (-73.8%), from €6,014 to €1,573
- Financial income -€2,425
down €2,425 (-77.9%), from €3,113 to €688
- Depreciation -€1,375
down €1,375 (-16.6%), from €8,274 to €6,899
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 | €482,737 | €275,501 | -€207,236 | -42.9% |
| Fixed assets | 21/28 | €93,302 | €86,403 | -€6,899 | -7.4% |
| Tangible fixed assets | 22/27 | €93,297 | €86,398 | -€6,899 | -7.4% |
| Land and buildings | 22 | €93,297 | €86,398 | -€6,899 | -7.4% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €389,436 | €189,099 | -€200,337 | -51.4% |
| Amounts receivable within one year | 40/41 | €181,886 | €29,340 | -€152,546 | -83.9% |
| Other amounts receivable | 41 | €181,886 | €29,340 | -€152,546 | -83.9% |
| Current investments | 50/53 | €155,605 | €137,605 | -€18,000 | -11.6% |
| Cash at bank and in hand | 54/58 | €51,945 | €22,153 | -€29,791 | -57.4% |
| Total equity and liabilities | 10/49 | €482,737 | €275,501 | -€207,236 | -42.9% |
| Equity | 10/15 | €468,497 | €266,631 | -€201,866 | -43.1% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €437,497 | €235,631 | -€201,866 | -46.1% |
| Non-distributable reserves | 130/1 | €3,100 | €3,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,100 | €3,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €138,404 | €138,404 | = | 0.0% |
| Distributable reserves | 133 | €295,994 | €94,127 | -€201,866 | -68.2% |
| Amounts payable | 17/49 | €14,240 | €8,870 | -€5,370 | -37.7% |
| Amounts payable within one year | 42/48 | €13,136 | €8,870 | -€4,266 | -32.5% |
| Trade debts | 44 | €7,122 | €1,283 | -€5,839 | -82.0% |
| Suppliers | 440/4 | €7,122 | €1,283 | -€5,839 | -82.0% |
| Taxes, remuneration and social security | 45 | €6,014 | €7,588 | +€1,573 | +26.2% |
| Taxes | 450/3 | €6,014 | €7,588 | +€1,573 | +26.2% |
| Accrued charges and deferred income | 492/3 | €1,104 | - | -€1,104 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,274 | €6,899 | -€1,375 | -16.6% |
| Other operating charges | 640/8 | €4,605 | €4,749 | +€144 | +3.1% |
| Gross operating margin | 9900 | €17,756 | €3,970 | -€13,786 | -77.6% |
| Operating profit (loss) | 9901 | €4,877 | -€7,678 | -€12,555 | |
| Financial income | 75/76B | €3,113 | €688 | -€2,425 | -77.9% |
| Recurring financial income | 75 | €3,113 | €688 | -€2,425 | -77.9% |
| Financial charges | 65/66B | €218 | €196 | -€23 | -10.4% |
| Recurring financial charges | 65 | €218 | €196 | -€23 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €7,772 | -€7,185 | -€14,957 | |
| Income taxes | 67/77 | €6,014 | €1,573 | -€4,441 | -73.8% |
| Profit (loss) for the period | 9904 | €1,758 | -€8,759 | -€10,517 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,758 | -€8,759 | -€10,517 |
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 3 October 2026 via checked.be.