BIEBAUW BART: 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.
BIEBAUW BART
Largest movements
- Tangible fixed assets -€56,458
down €56,458 (-5.2%), from €1.1m to €1.0m
- Deferred charges and accrued income +€35,594
up €35,594 (+1344.4%), from €2,648 to €38,241
- Receivables within one year -€19,436
down €19,436 (-12.3%), from €157,546 to €138,109
of which Trade receivables: -€21,225
- Debts after one year -€73,868
down €73,868 (-9.0%), from €824,739 to €750,871
- Short-term financial debts +€30,004
up €30,004 (+182.8%), from €16,410 to €46,413
of which Credit institutions: +€17,544
- Trade debts +€29,749
up €29,749 (+217.5%), from €13,681 to €43,430
- Reserves +€27,940
up €27,940 (+13.8%), from €201,920 to €229,860
- Tax, wage and social debts -€20,698
down €20,698 (-43.5%), from €47,545 to €26,847
of which Taxes: -€21,228
- Gross operating margin -€85,426
down €85,426 (-19.1%), from €446,219 to €360,793
- Staff costs -€32,933
down €32,933 (-12.6%), from €262,259 to €229,327
- Depreciation -€20,853
down €20,853 (-24.8%), from €84,091 to €63,238
- Taxes -€9,687
down €9,687 (-44.2%), from €21,913 to €12,226
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 | €1,261,957 | €1,232,846 | -€29,111 | -2.3% |
| Fixed assets | 21/28 | €1,084,796 | €1,028,338 | -€56,458 | -5.2% |
| Tangible fixed assets | 22/27 | €1,084,796 | €1,028,338 | -€56,458 | -5.2% |
| Land and buildings | 22 | €971,869 | €950,751 | -€21,117 | -2.2% |
| Plant, machinery and equipment | 23 | €60,688 | €58,476 | -€2,211 | -3.6% |
| Furniture and vehicles | 24 | €34,049 | €6,240 | -€27,810 | -81.7% |
| Leasing and similar rights | 25 | €18,190 | €12,870 | -€5,320 | -29.2% |
| Current assets | 29/58 | €177,161 | €204,508 | +€27,347 | +15.4% |
| Stocks and contracts in progress | 3 | €6,267 | €5,014 | -€1,253 | -20.0% |
| Stocks | 30/36 | €6,267 | €5,014 | -€1,253 | -20.0% |
| Amounts receivable within one year | 40/41 | €157,546 | €138,109 | -€19,436 | -12.3% |
| Trade receivables | 40 | €108,443 | €87,218 | -€21,225 | -19.6% |
| Other amounts receivable | 41 | €49,102 | €50,891 | +€1,789 | +3.6% |
| Cash at bank and in hand | 54/58 | €10,701 | €23,144 | +€12,443 | +116.3% |
| Deferred charges and accrued income | 490/1 | €2,648 | €38,241 | +€35,594 | +1344.4% |
| Total equity and liabilities | 10/49 | €1,261,957 | €1,232,846 | -€29,111 | -2.3% |
| Equity | 10/15 | €247,122 | €275,061 | +€27,940 | +11.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €201,920 | €229,860 | +€27,940 | +13.8% |
| Distributable reserves | 133 | €201,920 | €229,860 | +€27,940 | +13.8% |
| Profit (loss) carried forward | 14 | €26,601 | €26,601 | = | 0.0% |
| Amounts payable | 17/49 | €1,014,836 | €957,785 | -€57,051 | -5.6% |
| Amounts payable after more than one year | 17 | €824,739 | €750,871 | -€73,868 | -9.0% |
| Financial debts | 170/4 | €824,739 | €750,871 | -€73,868 | -9.0% |
| Amounts payable within one year | 42/48 | €190,097 | €206,648 | +€16,551 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €92,021 | €74,174 | -€17,847 | -19.4% |
| Financial debts | 43 | €16,410 | €46,413 | +€30,004 | +182.8% |
| Credit institutions | 430/8 | €16,410 | €33,953 | +€17,544 | +106.9% |
| Other loans | 439 | - | €12,460 | +€12,460 | |
| Trade debts | 44 | €13,681 | €43,430 | +€29,749 | +217.5% |
| Suppliers | 440/4 | €13,681 | €43,430 | +€29,749 | +217.5% |
| Taxes, remuneration and social security | 45 | €47,545 | €26,847 | -€20,698 | -43.5% |
| Taxes | 450/3 | €28,410 | €7,181 | -€21,228 | -74.7% |
| Remuneration and social security | 454/9 | €19,136 | €19,666 | +€530 | +2.8% |
| Other amounts payable | 47/48 | €20,441 | €15,784 | -€4,657 | -22.8% |
| Accrued charges and deferred income | 492/3 | - | €267 | +€267 | |
| Non-recurring operating income | 76A | - | €15,920 | +€15,920 | |
| Remuneration, social security and pensions | 62 | €262,259 | €229,327 | -€32,933 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,091 | €63,238 | -€20,853 | -24.8% |
| Other operating charges | 640/8 | €7,651 | €9,486 | +€1,835 | +24.0% |
| Gross operating margin | 9900 | €446,219 | €360,793 | -€85,426 | -19.1% |
| Operating profit (loss) | 9901 | €92,218 | €58,743 | -€33,475 | -36.3% |
| Financial income | 75/76B | €408 | €4,103 | +€3,695 | +905.0% |
| Recurring financial income | 75 | €408 | €4,103 | +€3,695 | +905.0% |
| Financial charges | 65/66B | €25,653 | €22,681 | -€2,972 | -11.6% |
| Recurring financial charges | 65 | €25,653 | €22,681 | -€2,972 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €66,973 | €40,165 | -€26,808 | -40.0% |
| Income taxes | 67/77 | €21,913 | €12,226 | -€9,687 | -44.2% |
| Profit (loss) for the period | 9904 | €45,060 | €27,940 | -€17,121 | -38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,060 | €27,940 | -€17,121 | -38.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.