BIBAGE: 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.
BIBAGE
Largest movements
- Tangible fixed assets +€142,202
up €142,202 (+82.2%), from €173,067 to €315,269
- Cash -€119,604
down €119,604 (-95.8%), from €124,810 to €5,206
mainly Investment in fixed assets (net) (-€149,455) and Net result for the year (-€21,658)
- Trade debts +€53,132
up €53,132 (+20392.1%), from €261 to €53,392
- Profit (loss) carried forward -€20,994
down €20,994 (-78.2%), from €26,851 to €5,858
- Current portion of long-term debt -€6,769
down €6,769 (-92.1%), from €7,351 to €582
- Gross operating margin -€210,402
down €210,402, from €199,411 to -€10,991
- Financial charges -€5,727
down €5,727 (-68.1%), from €8,411 to €2,684
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 | €303,168 | €327,651 | +€24,483 | +8.1% |
| Fixed assets | 21/28 | €173,067 | €315,269 | +€142,202 | +82.2% |
| Tangible fixed assets | 22/27 | €173,067 | €315,269 | +€142,202 | +82.2% |
| Land and buildings | 22 | €173,067 | €315,269 | +€142,202 | +82.2% |
| Current assets | 29/58 | €130,101 | €12,381 | -€117,720 | -90.5% |
| Amounts receivable within one year | 40/41 | €5,255 | €6,715 | +€1,459 | +27.8% |
| Trade receivables | 40 | €261 | €779 | +€518 | +198.9% |
| Other amounts receivable | 41 | €4,995 | €5,936 | +€941 | +18.8% |
| Cash at bank and in hand | 54/58 | €124,810 | €5,206 | -€119,604 | -95.8% |
| Deferred charges and accrued income | 490/1 | €36 | €461 | +€425 | +1181.6% |
| Total equity and liabilities | 10/49 | €303,168 | €327,651 | +€24,483 | +8.1% |
| Equity | 10/15 | €195,428 | €173,770 | -€21,658 | -11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €149,977 | €149,312 | -€665 | -0.4% |
| Tax-exempt reserves | 132 | €148,112 | €147,447 | -€665 | -0.4% |
| Distributable reserves | 133 | €1,865 | €1,865 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,851 | €5,858 | -€20,994 | -78.2% |
| Provisions and deferred taxes | 16 | €49,037 | €48,816 | -€222 | -0.5% |
| Deferred taxes | 168 | €49,037 | €48,816 | -€222 | -0.5% |
| Amounts payable | 17/49 | €58,702 | €105,065 | +€46,363 | +79.0% |
| Amounts payable after more than one year | 17 | €24,500 | €24,500 | = | 0.0% |
| Other amounts payable | 178/9 | €24,500 | €24,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €34,202 | €80,565 | +€46,363 | +135.6% |
| Current portion of amounts payable after more than one year | 42 | €7,351 | €582 | -€6,769 | -92.1% |
| Trade debts | 44 | €261 | €53,392 | +€53,132 | +20392.1% |
| Suppliers | 440/4 | €261 | €53,392 | +€53,132 | +20392.1% |
| Other amounts payable | 47/48 | €26,591 | €26,591 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,897 | €7,253 | +€1,356 | +23.0% |
| Other operating charges | 640/8 | €926 | €1,279 | +€352 | +38.0% |
| Gross operating margin | 9900 | €199,411 | -€10,991 | -€210,402 | |
| Operating profit (loss) | 9901 | €192,588 | -€19,522 | -€212,109 | |
| Financial income | 75/76B | €94 | €393 | +€299 | +318.4% |
| Recurring financial income | 75 | €94 | €393 | +€299 | +318.4% |
| Financial charges | 65/66B | €8,411 | €2,684 | -€5,727 | -68.1% |
| Recurring financial charges | 65 | €8,411 | €2,684 | -€5,727 | -68.1% |
| Profit (loss) for the period before taxes | 9903 | €184,271 | -€21,812 | -€206,083 | |
| Transfer from deferred taxes | 780 | - | €222 | +€222 | |
| Transfer to deferred taxes | 680 | €49,037 | - | -€49,037 | |
| Income taxes | 67/77 | - | €68 | +€68 | |
| Profit (loss) for the period | 9904 | €135,234 | -€21,658 | -€156,892 | |
| Transfer from tax-exempt reserves | 789 | - | €665 | +€665 | |
| Transfer to tax-exempt reserves | 689 | €147,112 | - | -€147,112 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,878 | -€20,994 | -€9,115 | -76.7% |
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 4 October 2026 via checked.be.