BIEC LOSS ADJUSTERS: 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.
BIEC LOSS ADJUSTERS
Largest movements
- Cash +€26,527
up €26,527 (+87.1%), from €30,467 to €56,994
mainly Other debts (+€196,571) and Net result for the year (+€59,169)
- Intangible fixed assets -€18,780
down €18,780 (-13.5%), from €139,055 to €120,275
- Deferred charges and accrued income +€2,848
up €2,848 (+227%), from €1,253 to €4,101
- Tangible fixed assets -€2,836
down €2,836 (-42.5%), from €6,679 to €3,843
of which Furniture and vehicles: -€2,133
- Other debts +€196,571
up €196,571 (+1,638%), from €12,000 to €208,571
- Trade debts -€165,695
down €165,695 (-81.7%), from €202,895 to €37,200
of which Suppliers: -€167,195
- Current portion of long-term debt -€21,876
down €21,876 (-91.5%), from €23,918 to €2,042
- Gross operating margin +€52,516
up €52,516 (+141%), from €37,206 to €89,722
- Other operating charges +€7,248
new in 2025: €7,248
- Financial charges -€1,034
down €1,034 (-55.1%), from €1,875 to €841
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 | €250,008 | €258,986 | +€8,978 | +3.6% |
| Formation expenses | 20 | €197 | €92 | -€104 | -53.1% |
| Fixed assets | 21/28 | €145,929 | €124,313 | -€21,616 | -14.8% |
| Intangible fixed assets | 21 | €139,055 | €120,275 | -€18,780 | -13.5% |
| Tangible fixed assets | 22/27 | €6,679 | €3,843 | -€2,836 | -42.5% |
| Furniture and vehicles | 24 | €4,574 | €2,441 | -€2,133 | -46.6% |
| Other tangible fixed assets | 26 | €2,105 | €1,402 | -€702 | -33.4% |
| Financial fixed assets | 28 | €195 | €195 | = | 0.0% |
| Current assets | 29/58 | €103,883 | €134,581 | +€30,698 | +29.6% |
| Amounts receivable within one year | 40/41 | €72,162 | €73,486 | +€1,323 | +1.8% |
| Trade receivables | 40 | €52,217 | €66,425 | +€14,208 | +27.2% |
| Other amounts receivable | 41 | €19,946 | €7,061 | -€12,885 | -64.6% |
| Cash at bank and in hand | 54/58 | €30,467 | €56,994 | +€26,527 | +87.1% |
| Deferred charges and accrued income | 490/1 | €1,253 | €4,101 | +€2,848 | +227% |
| Total equity and liabilities | 10/49 | €250,008 | €258,986 | +€8,978 | +3.6% |
| Equity | 10/15 | €8,147 | €8,266 | +€119 | +1.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,647 | €5,766 | +€119 | +2.1% |
| Amounts payable | 17/49 | €241,862 | €250,720 | +€8,858 | +3.7% |
| Amounts payable after more than one year | 17 | €2,042 | - | -€2,042 | |
| Financial debts | 170/4 | €2,042 | - | -€2,042 | |
| Amounts payable within one year | 42/48 | €239,580 | €249,220 | +€9,641 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €23,918 | €2,042 | -€21,876 | -91.5% |
| Financial debts | 43 | €205 | - | -€205 | |
| Credit institutions | 430/8 | €205 | - | -€205 | |
| Trade debts | 44 | €202,895 | €37,200 | -€165,695 | -81.7% |
| Suppliers | 440/4 | €202,895 | €35,700 | -€167,195 | -82.4% |
| Bills of exchange payable | 441 | - | €1,500 | +€1,500 | |
| Taxes, remuneration and social security | 45 | €562 | €1,407 | +€846 | +151% |
| Taxes | 450/3 | €562 | €1,407 | +€846 | +151% |
| Other amounts payable | 47/48 | €12,000 | €208,571 | +€196,571 | +1,638% |
| Accrued charges and deferred income | 492/3 | €240 | €1,500 | +€1,260 | +525% |
| Remuneration, social security and pensions | 62 | €59 | - | -€59 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,986 | €21,720 | -€266 | -1.2% |
| Other operating charges | 640/8 | - | €7,248 | +€7,248 | |
| Gross operating margin | 9900 | €37,206 | €89,722 | +€52,516 | +141% |
| Operating profit (loss) | 9901 | €15,160 | €60,754 | +€45,594 | +301% |
| Financial income | 75/76B | €204 | €102 | -€101 | -49.7% |
| Recurring financial income | 75 | €204 | €102 | -€101 | -49.7% |
| Financial charges | 65/66B | €1,875 | €841 | -€1,034 | -55.1% |
| Recurring financial charges | 65 | €1,875 | €841 | -€1,034 | -55.1% |
| Profit (loss) for the period before taxes | 9903 | €13,489 | €60,015 | +€46,526 | +345% |
| Income taxes | 67/77 | €562 | €846 | +€284 | +50.6% |
| Profit (loss) for the period | 9904 | €12,928 | €59,169 | +€46,242 | +358% |
| Profit (loss) for the period to be appropriated | 9905 | €12,928 | €59,169 | +€46,242 | +358% |
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 29 October 2026 via checked.be.