BIE MATIES: 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 MATIES
Largest movements
- Receivables within one year -€11,798
down €11,798 (-33.8%), from €34,911 to €23,113
of which Trade receivables: -€11,984
- Tangible fixed assets -€5,873
down €5,873 (-15.7%), from €37,431 to €31,558
of which Plant, machinery and equipment: -€6,768
- Cash +€4,764
up €4,764 (+28.1%), from €16,946 to €21,710
mainly Depreciation (+€13,939) and Receivables within one year (+€11,798)
- Intangible fixed assets -€2,200
down €2,200 (-12.1%), from €18,136 to €15,936
- Debts after one year -€13,334
down €13,334 (-34.7%), from €38,475 to €25,141
- Tax, wage and social debts -€11,498
down €11,498 (-76.9%), from €14,948 to €3,450
of which Taxes: -€11,537
- Trade debts +€4,675
up €4,675 (+367%), from €1,274 to €5,950
- Reserves +€3,535
up €3,535 (+10.4%), from €34,108 to €37,643
- Accrued charges and deferred income -€1,263
down €1,263 (-39.4%), from €3,209 to €1,946
- Gross operating margin +€8,290
up €8,290 (+22.7%), from €36,555 to €44,846
- Taxes +€1,519
up €1,519 (+79.5%), from €1,911 to €3,430
- Other operating charges +€1,238
up €1,238 (+438%), from €283 to €1,521
- Depreciation +€1,041
up €1,041 (+8.1%), from €12,898 to €13,939
- Financial charges -€734
down €734 (-21.3%), from €3,447 to €2,713
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 | €107,425 | €92,318 | -€15,107 | -14.1% |
| Fixed assets | 21/28 | €55,568 | €47,494 | -€8,073 | -14.5% |
| Intangible fixed assets | 21 | €18,136 | €15,936 | -€2,200 | -12.1% |
| Tangible fixed assets | 22/27 | €37,431 | €31,558 | -€5,873 | -15.7% |
| Plant, machinery and equipment | 23 | €22,814 | €16,046 | -€6,768 | -29.7% |
| Furniture and vehicles | 24 | €14,617 | €15,512 | +€894 | +6.1% |
| Current assets | 29/58 | €51,857 | €44,823 | -€7,034 | -13.6% |
| Amounts receivable within one year | 40/41 | €34,911 | €23,113 | -€11,798 | -33.8% |
| Trade receivables | 40 | €32,321 | €20,337 | -€11,984 | -37.1% |
| Other amounts receivable | 41 | €2,590 | €2,777 | +€186 | +7.2% |
| Cash at bank and in hand | 54/58 | €16,946 | €21,710 | +€4,764 | +28.1% |
| Total equity and liabilities | 10/49 | €107,425 | €92,318 | -€15,107 | -14.1% |
| Equity | 10/15 | €36,132 | €40,643 | +€4,510 | +12.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €34,108 | €37,643 | +€3,535 | +10.4% |
| Distributable reserves | 133 | €34,108 | €37,643 | +€3,535 | +10.4% |
| Profit (loss) carried forward | 14 | -€976 | €0 | +€976 | |
| Amounts payable | 17/49 | €71,293 | €51,675 | -€19,618 | -27.5% |
| Amounts payable after more than one year | 17 | €38,475 | €25,141 | -€13,334 | -34.7% |
| Financial debts | 170/4 | €38,475 | €25,141 | -€13,334 | -34.7% |
| Amounts payable within one year | 42/48 | €29,609 | €24,588 | -€5,020 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €12,697 | €13,334 | +€637 | +5.0% |
| Trade debts | 44 | €1,274 | €5,950 | +€4,675 | +367% |
| Suppliers | 440/4 | €1,274 | €5,950 | +€4,675 | +367% |
| Taxes, remuneration and social security | 45 | €14,948 | €3,450 | -€11,498 | -76.9% |
| Taxes | 450/3 | €14,948 | €3,411 | -€11,537 | -77.2% |
| Remuneration and social security | 454/9 | €0 | €39 | +€39 | |
| Other amounts payable | 47/48 | €688 | €1,855 | +€1,166 | +169% |
| Accrued charges and deferred income | 492/3 | €3,209 | €1,946 | -€1,263 | -39.4% |
| Remuneration, social security and pensions | 62 | €19,115 | €18,877 | -€237 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,898 | €13,939 | +€1,041 | +8.1% |
| Other operating charges | 640/8 | €283 | €1,521 | +€1,238 | +438% |
| Gross operating margin | 9900 | €36,555 | €44,846 | +€8,290 | +22.7% |
| Operating profit (loss) | 9901 | €4,260 | €10,509 | +€6,249 | +147% |
| Financial income | 75/76B | €122 | €144 | +€22 | +17.7% |
| Recurring financial income | 75 | €122 | €144 | +€22 | +17.7% |
| Financial charges | 65/66B | €3,447 | €2,713 | -€734 | -21.3% |
| Recurring financial charges | 65 | €3,447 | €2,713 | -€734 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €935 | €7,940 | +€7,005 | +749% |
| Income taxes | 67/77 | €1,911 | €3,430 | +€1,519 | +79.5% |
| Profit (loss) for the period | 9904 | -€976 | €4,510 | +€5,486 | |
| Profit (loss) for the period to be appropriated | 9905 | -€976 | €4,510 | +€5,486 |
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 30 October 2026 via checked.be.