BIE-FRESH: what changed
Two financial 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.
BIE-FRESH
Largest movements
- Receivables within one year +€17,323
up €17,323 (+29.8%), from €58,219 to €75,542
of which Other amounts receivable: +€23,680
- Tangible fixed assets +€13,676
up €13,676 (+5.8%), from €235,392 to €249,068
of which Leasing and similar rights: +€49,936
- Stocks and contracts -€12,750
down €12,750 (-59.3%), from €21,500 to €8,750
- Cash -€6,491
down €6,491 (-25.7%), from €25,226 to €18,734
mainly Contributions, distributions and other (-€73,000) and Investment in fixed assets (net) (-€53,627)
- Other debts +€61,462
up €61,462 (+533%), from €11,538 to €73,000
- Reserves -€61,000
down €61,000 (-59.2%), from €103,000 to €42,000
- Debts after one year +€13,984
up €13,984 (+7.6%), from €185,115 to €199,098
- Trade debts -€6,351
down €6,351 (-45.8%), from €13,877 to €7,527
- Current portion of long-term debt +€5,104
up €5,104 (+32.3%), from €15,805 to €20,909
- Gross operating margin +€32,580
up €32,580 (+111%), from €29,257 to €61,837
- Depreciation +€2,066
up €2,066 (+5.5%), from €37,885 to €39,951
- Taxes +€1,071
up €1,071 (+179%), from €600 to €1,671
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.
Derived cash bridge
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 | €341,342 | €354,397 | +€13,054 | +3.8% |
| Fixed assets | 21/28 | €236,232 | €249,908 | +€13,676 | +5.8% |
| Tangible fixed assets | 22/27 | €235,392 | €249,068 | +€13,676 | +5.8% |
| Land and buildings | 22 | €208,172 | €180,060 | -€28,112 | -13.5% |
| Plant, machinery and equipment | 23 | €3,284 | €1,605 | -€1,679 | -51.1% |
| Furniture and vehicles | 24 | €23,936 | €17,467 | -€6,469 | -27.0% |
| Leasing and similar rights | 25 | - | €49,936 | +€49,936 | |
| Financial fixed assets | 28 | €840 | €840 | = | 0.0% |
| Current assets | 29/58 | €105,110 | €104,489 | -€621 | -0.6% |
| Stocks and contracts in progress | 3 | €21,500 | €8,750 | -€12,750 | -59.3% |
| Stocks | 30/36 | €21,500 | €8,750 | -€12,750 | -59.3% |
| Amounts receivable within one year | 40/41 | €58,219 | €75,542 | +€17,323 | +29.8% |
| Trade receivables | 40 | €55,750 | €49,393 | -€6,357 | -11.4% |
| Other amounts receivable | 41 | €2,469 | €26,150 | +€23,680 | +959% |
| Cash at bank and in hand | 54/58 | €25,226 | €18,734 | -€6,491 | -25.7% |
| Deferred charges and accrued income | 490/1 | €165 | €1,463 | +€1,297 | +784% |
| Total equity and liabilities | 10/49 | €341,342 | €354,397 | +€13,054 | +3.8% |
| Equity | 10/15 | €113,907 | €53,364 | -€60,544 | -53.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €103,000 | €42,000 | -€61,000 | -59.2% |
| Distributable reserves | 133 | €103,000 | €42,000 | -€61,000 | -59.2% |
| Profit (loss) carried forward | 14 | €907 | €1,364 | +€456 | +50.3% |
| Amounts payable | 17/49 | €227,435 | €301,033 | +€73,598 | +32.4% |
| Amounts payable after more than one year | 17 | €185,115 | €199,098 | +€13,984 | +7.6% |
| Financial debts | 170/4 | €185,115 | €199,098 | +€13,984 | +7.6% |
| Amounts payable within one year | 42/48 | €42,321 | €101,935 | +€59,615 | +141% |
| Current portion of amounts payable after more than one year | 42 | €15,805 | €20,909 | +€5,104 | +32.3% |
| Trade debts | 44 | €13,877 | €7,527 | -€6,351 | -45.8% |
| Suppliers | 440/4 | €13,877 | €7,527 | -€6,351 | -45.8% |
| Taxes, remuneration and social security | 45 | €1,100 | €500 | -€600 | -54.5% |
| Taxes | 450/3 | €1,100 | €500 | -€600 | -54.5% |
| Other amounts payable | 47/48 | €11,538 | €73,000 | +€61,462 | +533% |
| Non-recurring operating income | 76A | - | €20,479 | +€20,479 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,885 | €39,951 | +€2,066 | +5.5% |
| Other operating charges | 640/8 | €2,238 | €1,968 | -€270 | -12.0% |
| Gross operating margin | 9900 | €29,257 | €61,837 | +€32,580 | +111% |
| Operating profit (loss) | 9901 | -€10,866 | €19,917 | +€30,783 | |
| Financial charges | 65/66B | €6,064 | €5,790 | -€274 | -4.5% |
| Recurring financial charges | 65 | €6,064 | €5,790 | -€274 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | -€16,930 | €14,127 | +€31,057 | |
| Income taxes | 67/77 | €600 | €1,671 | +€1,071 | +179% |
| Profit (loss) for the period | 9904 | -€17,530 | €12,456 | +€29,986 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,530 | €12,456 | +€29,986 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.