BIEGEES: what changed
Two fiscal 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.
BIEGEES
Largest movements
- Tangible fixed assets +€47,984
up €47,984 (+131.6%), from €36,455 to €84,439
of which Furniture and vehicles: +€51,513
- Cash -€25,087
down €25,087 (-40.6%), from €61,831 to €36,744
mainly Investment in fixed assets (net) (-€51,525) and Contributions, distributions and other (-€17,767)
- Current investments -€25,000
down €25,000 (-16.7%), from €150,000 to €125,000
- Receivables within one year +€12,000
up €12,000 (+69.0%), from €17,400 to €29,400
of which Trade receivables: +€12,000
- Deferred charges and accrued income +€3,409
up €3,409 (+454.4%), from €750 to €4,160
- Other debts +€7,590
up €7,590 (+14.7%), from €51,775 to €59,365
- Reserves +€4,275
up €4,275 (+2.7%), from €156,039 to €160,315
of which Distributable reserves: +€4,275
- Gross operating margin +€11,357
up €11,357 (+48.4%), from €23,443 to €34,799
- Taxes +€4,209
up €4,209 (+89.2%), from €4,720 to €8,929
- Financial income +€3,706
up €3,706 (+213.6%), from €1,735 to €5,440
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 | €266,437 | €279,743 | +€13,305 | +5.0% |
| Fixed assets | 21/28 | €36,455 | €84,439 | +€47,984 | +131.6% |
| Tangible fixed assets | 22/27 | €36,455 | €84,439 | +€47,984 | +131.6% |
| Land and buildings | 22 | €36,455 | €32,925 | -€3,530 | -9.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | €51,513 | +€51,513 | |
| Current assets | 29/58 | €229,982 | €195,304 | -€34,678 | -15.1% |
| Amounts receivable within one year | 40/41 | €17,400 | €29,400 | +€12,000 | +69.0% |
| Trade receivables | 40 | €15,600 | €27,600 | +€12,000 | +76.9% |
| Other amounts receivable | 41 | €1,801 | €1,801 | = | 0.0% |
| Current investments | 50/53 | €150,000 | €125,000 | -€25,000 | -16.7% |
| Cash at bank and in hand | 54/58 | €61,831 | €36,744 | -€25,087 | -40.6% |
| Deferred charges and accrued income | 490/1 | €750 | €4,160 | +€3,409 | +454.4% |
| Total equity and liabilities | 10/49 | €266,437 | €279,743 | +€13,305 | +5.0% |
| Equity | 10/15 | €207,458 | €211,733 | +€4,275 | +2.1% |
| Contributions | 10/11 | €51,418 | €51,418 | = | 0.0% |
| Reserves | 13 | €156,039 | €160,315 | +€4,275 | +2.7% |
| Tax-exempt reserves | 132 | €6,635 | €6,635 | = | 0.0% |
| Distributable reserves | 133 | €149,405 | €153,680 | +€4,275 | +2.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €58,979 | €68,009 | +€9,030 | +15.3% |
| Amounts payable within one year | 42/48 | €55,345 | €64,548 | +€9,203 | +16.6% |
| Trade debts | 44 | €97 | €113 | +€16 | +16.7% |
| Suppliers | 440/4 | €97 | €113 | +€16 | +16.7% |
| Taxes, remuneration and social security | 45 | €3,473 | €5,069 | +€1,597 | +46.0% |
| Taxes | 450/3 | €1,273 | €5,069 | +€3,797 | +298.3% |
| Remuneration and social security | 454/9 | €2,200 | €0 | -€2,200 | -100.0% |
| Other amounts payable | 47/48 | €51,775 | €59,365 | +€7,590 | +14.7% |
| Accrued charges and deferred income | 492/3 | €3,634 | €3,461 | -€173 | -4.8% |
| Non-recurring operating income | 76A | - | €6,000 | +€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,828 | €3,541 | -€286 | -7.5% |
| Other operating charges | 640/8 | €2,228 | €1,954 | -€274 | -12.3% |
| Gross operating margin | 9900 | €23,443 | €34,799 | +€11,357 | +48.4% |
| Operating profit (loss) | 9901 | €17,387 | €29,304 | +€11,917 | +68.5% |
| Financial income | 75/76B | €1,735 | €5,440 | +€3,706 | +213.6% |
| Recurring financial income | 75 | €1,735 | €5,440 | +€3,706 | +213.6% |
| Financial charges | 65/66B | €3,711 | €3,773 | +€62 | +1.7% |
| Recurring financial charges | 65 | €3,711 | €3,773 | +€62 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €15,411 | €30,971 | +€15,560 | +101.0% |
| Income taxes | 67/77 | €4,720 | €8,929 | +€4,209 | +89.2% |
| Profit (loss) for the period | 9904 | €10,691 | €22,042 | +€11,351 | +106.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,691 | €22,042 | +€11,351 | +106.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.