Bieboerke: 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.
Bieboerke
Largest movements
- Tangible fixed assets -€53,040
down €53,040 (-13.2%), from €402,302 to €349,262
of which Plant, machinery and equipment: -€27,836
- Receivables within one year +€19,079
up €19,079 (+140%), from €13,628 to €32,707
- Reserves -€20,984
down €20,984 (-14.4%), from €145,631 to €124,648
- Debts after one year -€11,558
down €11,558 (-13.9%), from €83,106 to €71,548
- Trade debts -€5,654
down €5,654 (-33.0%), from €17,115 to €11,461
- Gross operating margin -€4,703
down €4,703 (-10.1%), from €46,688 to €41,985
- Depreciation -€1,020
down €1,020 (-1.9%), from €54,419 to €53,399
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 | €474,660 | €438,639 | -€36,022 | -7.6% |
| Fixed assets | 21/28 | €403,440 | €350,040 | -€53,399 | -13.2% |
| Intangible fixed assets | 21 | €1,137 | €778 | -€359 | -31.6% |
| Tangible fixed assets | 22/27 | €402,302 | €349,262 | -€53,040 | -13.2% |
| Land and buildings | 22 | €212,078 | €194,543 | -€17,534 | -8.3% |
| Plant, machinery and equipment | 23 | €178,021 | €150,185 | -€27,836 | -15.6% |
| Furniture and vehicles | 24 | €12,204 | €4,534 | -€7,670 | -62.8% |
| Current assets | 29/58 | €71,221 | €88,598 | +€17,377 | +24.4% |
| Stocks and contracts in progress | 3 | €43,624 | €43,690 | +€66 | +0.2% |
| Stocks | 30/36 | €43,624 | €43,690 | +€66 | +0.2% |
| Amounts receivable within one year | 40/41 | €13,628 | €32,707 | +€19,079 | +140% |
| Trade receivables | 40 | €13,628 | €32,707 | +€19,079 | +140% |
| Cash at bank and in hand | 54/58 | €11,039 | €11,641 | +€602 | +5.5% |
| Deferred charges and accrued income | 490/1 | €2,930 | €560 | -€2,370 | -80.9% |
| Total equity and liabilities | 10/49 | €474,660 | €438,639 | -€36,022 | -7.6% |
| Equity | 10/15 | €164,231 | €143,248 | -€20,984 | -12.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €145,631 | €124,648 | -€20,984 | -14.4% |
| Distributable reserves | 133 | €145,631 | €124,648 | -€20,984 | -14.4% |
| Amounts payable | 17/49 | €310,429 | €295,391 | -€15,038 | -4.8% |
| Amounts payable after more than one year | 17 | €83,106 | €71,548 | -€11,558 | -13.9% |
| Financial debts | 170/4 | €83,106 | €71,548 | -€11,558 | -13.9% |
| Amounts payable within one year | 42/48 | €227,323 | €223,843 | -€3,480 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €11,205 | €11,558 | +€353 | +3.1% |
| Trade debts | 44 | €17,115 | €11,461 | -€5,654 | -33.0% |
| Suppliers | 440/4 | €17,115 | €11,461 | -€5,654 | -33.0% |
| Taxes, remuneration and social security | 45 | €6,335 | €10,429 | +€4,094 | +64.6% |
| Taxes | 450/3 | €6,335 | €7,929 | +€1,594 | +25.2% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €192,668 | €190,396 | -€2,272 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,419 | €53,399 | -€1,020 | -1.9% |
| Other operating charges | 640/8 | €6,555 | €6,340 | -€215 | -3.3% |
| Gross operating margin | 9900 | €46,688 | €41,985 | -€4,703 | -10.1% |
| Operating profit (loss) | 9901 | -€14,286 | -€17,755 | -€3,468 | -24.3% |
| Financial income | 75/76B | €7 | €7 | +€0 | +2.6% |
| Recurring financial income | 75 | €7 | €7 | +€0 | +2.6% |
| Financial charges | 65/66B | €3,166 | €2,924 | -€242 | -7.6% |
| Recurring financial charges | 65 | €3,166 | €2,924 | -€242 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,446 | -€20,672 | -€3,226 | -18.5% |
| Income taxes | 67/77 | €245 | €312 | +€67 | +27.5% |
| Profit (loss) for the period | 9904 | -€17,690 | -€20,984 | -€3,294 | -18.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,690 | -€20,984 | -€3,294 | -18.6% |
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 20 October 2026 via checked.be.