BIANCA: 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.
BIANCA
Largest movements
- Tangible fixed assets -€16,696
down €16,696 (-4.6%), from €361,655 to €344,958
of which Land and buildings: -€12,590
- Cash -€8,009
down €8,009 (-33.8%), from €23,712 to €15,703
mainly Debts after one year (-€34,928) and Investment in fixed assets (net) (-€12,248)
- Receivables within one year +€4,648
new in 2025: €4,648
of which Trade receivables: +€2,693
- Debts after one year -€34,928
down €34,928 (-16.1%), from €217,231 to €182,303
- Profit (loss) carried forward +€19,912
up €19,912 (+26.7%), from €74,689 to €94,601
- Gross operating margin +€9,158
up €9,158 (+19.3%), from €47,521 to €56,679
- Other operating charges -€3,157
down €3,157 (-53.3%), from €5,924 to €2,767
- Taxes +€2,478
no longer reported in 2025 (was -€2,478)
- Financial charges +€2,230
up €2,230 (+78.9%), from €2,826 to €5,055
- Depreciation +€721
up €721 (+2.6%), from €28,224 to €28,945
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 | €388,157 | €368,203 | -€19,954 | -5.1% |
| Fixed assets | 21/28 | €361,655 | €344,958 | -€16,696 | -4.6% |
| Tangible fixed assets | 22/27 | €361,655 | €344,958 | -€16,696 | -4.6% |
| Land and buildings | 22 | €354,845 | €342,256 | -€12,590 | -3.5% |
| Other tangible fixed assets | 26 | €6,809 | €2,703 | -€4,106 | -60.3% |
| Current assets | 29/58 | €26,502 | €23,245 | -€3,258 | -12.3% |
| Amounts receivable within one year | 40/41 | - | €4,648 | +€4,648 | |
| Trade receivables | 40 | - | €2,693 | +€2,693 | |
| Other amounts receivable | 41 | - | €1,955 | +€1,955 | |
| Cash at bank and in hand | 54/58 | €23,712 | €15,703 | -€8,009 | -33.8% |
| Deferred charges and accrued income | 490/1 | €2,790 | €2,893 | +€103 | +3.7% |
| Total equity and liabilities | 10/49 | €388,157 | €368,203 | -€19,954 | -5.1% |
| Equity | 10/15 | €136,189 | €156,101 | +€19,912 | +14.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,689 | €94,601 | +€19,912 | +26.7% |
| Amounts payable | 17/49 | €251,968 | €212,102 | -€39,866 | -15.8% |
| Amounts payable after more than one year | 17 | €217,231 | €182,303 | -€34,928 | -16.1% |
| Financial debts | 170/4 | €217,231 | €182,303 | -€34,928 | -16.1% |
| Amounts payable within one year | 42/48 | €33,813 | €28,785 | -€5,028 | -14.9% |
| Current portion of amounts payable after more than one year | 42 | €20,828 | €20,928 | +€100 | +0.5% |
| Trade debts | 44 | €3,084 | €200 | -€2,884 | -93.5% |
| Suppliers | 440/4 | €3,084 | €200 | -€2,884 | -93.5% |
| Other amounts payable | 47/48 | €9,900 | €7,657 | -€2,243 | -22.7% |
| Accrued charges and deferred income | 492/3 | €925 | €1,015 | +€90 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,224 | €28,945 | +€721 | +2.6% |
| Other operating charges | 640/8 | €5,924 | €2,767 | -€3,157 | -53.3% |
| Gross operating margin | 9900 | €47,521 | €56,679 | +€9,158 | +19.3% |
| Operating profit (loss) | 9901 | €13,373 | €24,968 | +€11,594 | +86.7% |
| Financial charges | 65/66B | €2,826 | €5,055 | +€2,230 | +78.9% |
| Recurring financial charges | 65 | €2,826 | €5,055 | +€2,230 | +78.9% |
| Profit (loss) for the period before taxes | 9903 | €10,548 | €19,912 | +€9,365 | +88.8% |
| Income taxes | 67/77 | -€2,478 | - | +€2,478 | |
| Profit (loss) for the period | 9904 | €13,025 | €19,912 | +€6,887 | +52.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,025 | €19,912 | +€6,887 | +52.9% |
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 5 October 2026 via checked.be.