Bie-Sign: 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-Sign
Largest movements
- Receivables within one year +€7,890
up €7,890 (+26.0%), from €30,390 to €38,280
of which Trade receivables: +€4,081
- Cash +€7,501
up €7,501 (+50.7%), from €14,789 to €22,289
mainly Depreciation (+€12,830) and Net result for the year (+€11,054)
- Tangible fixed assets -€7,430
down €7,430 (-18.2%), from €40,826 to €33,396
of which Plant, machinery and equipment: -€7,030
- Intangible fixed assets -€5,400
down €5,400 (-36.4%), from €14,839 to €9,439
- Reserves +€11,054
up €11,054 (+31.8%), from €34,725 to €45,780
- Debts after one year -€10,744
down €10,744 (-27.7%), from €38,754 to €28,010
- Trade debts -€6,239
down €6,239 (-34.4%), from €18,138 to €11,899
- Tax, wage and social debts +€5,330
up €5,330 (+738%), from €722 to €6,052
- Current portion of long-term debt +€2,362
up €2,362 (+17.7%), from €13,381 to €15,744
- Gross operating margin +€495
up €495 (+1.7%), from €29,163 to €29,658
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 | €105,820 | €107,585 | +€1,764 | +1.7% |
| Fixed assets | 21/28 | €55,665 | €42,835 | -€12,830 | -23.0% |
| Intangible fixed assets | 21 | €14,839 | €9,439 | -€5,400 | -36.4% |
| Tangible fixed assets | 22/27 | €40,826 | €33,396 | -€7,430 | -18.2% |
| Plant, machinery and equipment | 23 | €38,262 | €31,232 | -€7,030 | -18.4% |
| Furniture and vehicles | 24 | €2,564 | €2,164 | -€400 | -15.6% |
| Current assets | 29/58 | €50,155 | €64,750 | +€14,595 | +29.1% |
| Stocks and contracts in progress | 3 | €4,415 | €3,915 | -€500 | -11.3% |
| Stocks | 30/36 | €4,415 | €3,915 | -€500 | -11.3% |
| Amounts receivable within one year | 40/41 | €30,390 | €38,280 | +€7,890 | +26.0% |
| Trade receivables | 40 | €16,452 | €20,533 | +€4,081 | +24.8% |
| Other amounts receivable | 41 | €13,938 | €17,747 | +€3,809 | +27.3% |
| Cash at bank and in hand | 54/58 | €14,789 | €22,289 | +€7,501 | +50.7% |
| Deferred charges and accrued income | 490/1 | €562 | €266 | -€296 | -52.7% |
| Total equity and liabilities | 10/49 | €105,820 | €107,585 | +€1,764 | +1.7% |
| Equity | 10/15 | €34,825 | €45,880 | +€11,054 | +31.7% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €34,725 | €45,780 | +€11,054 | +31.8% |
| Distributable reserves | 133 | €34,725 | €45,780 | +€11,054 | +31.8% |
| Amounts payable | 17/49 | €70,995 | €61,705 | -€9,290 | -13.1% |
| Amounts payable after more than one year | 17 | €38,754 | €28,010 | -€10,744 | -27.7% |
| Financial debts | 170/4 | €38,754 | €28,010 | -€10,744 | -27.7% |
| Amounts payable within one year | 42/48 | €32,241 | €33,695 | +€1,453 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €13,381 | €15,744 | +€2,362 | +17.7% |
| Trade debts | 44 | €18,138 | €11,899 | -€6,239 | -34.4% |
| Suppliers | 440/4 | €18,138 | €11,899 | -€6,239 | -34.4% |
| Taxes, remuneration and social security | 45 | €722 | €6,052 | +€5,330 | +738% |
| Taxes | 450/3 | €722 | €6,052 | +€5,330 | +738% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,546 | €12,830 | +€284 | +2.3% |
| Other operating charges | 640/8 | €1,012 | €880 | -€132 | -13.0% |
| Gross operating margin | 9900 | €29,163 | €29,658 | +€495 | +1.7% |
| Operating profit (loss) | 9901 | €15,605 | €15,947 | +€342 | +2.2% |
| Financial income | 75/76B | €968 | €791 | -€177 | -18.3% |
| Recurring financial income | 75 | €968 | €791 | -€177 | -18.3% |
| Financial charges | 65/66B | €1,992 | €1,736 | -€256 | -12.8% |
| Recurring financial charges | 65 | €1,992 | €1,736 | -€256 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €14,582 | €15,002 | +€420 | +2.9% |
| Income taxes | 67/77 | €3,813 | €3,948 | +€135 | +3.5% |
| Profit (loss) for the period | 9904 | €10,769 | €11,054 | +€285 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,769 | €11,054 | +€285 | +2.7% |
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 22 October 2026 via checked.be.