BIEJU: 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.
BIEJU
Largest movements
- Receivables within one year -€2.0m
down €2.0m (-100.0%), from €2.0m to €590
of which Trade receivables: -€2.0m
- Current investments -€950,000
down €950,000 (-70.4%), from €1.4m to €400,000
- Stocks and contracts -€302,514
down €302,514 (-100%), from €302,514 to €0
- Cash -€89,050
down €89,050 (-57.0%), from €156,157 to €67,107
mainly Debts after one year (-€1.9m) and Contributions, distributions and other (-€1.6m)
- Debts after one year -€1.9m
down €1.9m (-100%), from €1.9m to €0
of which Other amounts payable: -€1.9m
- Contributions -€1.1m
down €1.1m (-88.0%), from €1.3m to €150,000
- Reserves -€478,000
down €478,000 (-98.4%), from €486,000 to €8,000
- Other debts +€91,000
up €91,000 (+268%), from €34,000 to €125,000
- Gross operating margin -€865,099
down €865,099 (-95.4%), from €906,532 to €41,433
- Taxes -€166,662
down €166,662 (-91.4%), from €182,288 to €15,626
- Financial charges -€117,735
down €117,735 (-88.6%), from €132,895 to €15,160
- Financial income +€34,024
up €34,024 (+1,008%), from €3,376 to €37,400
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 | €3,808,671 | €467,697 | -€3.3m | -87.7% |
| Current assets | 29/58 | €3,808,671 | €467,697 | -€3.3m | -87.7% |
| Stocks and contracts in progress | 3 | €302,514 | €0 | -€302,514 | -100% |
| Stocks | 30/36 | €302,514 | €0 | -€302,514 | -100% |
| Amounts receivable within one year | 40/41 | €2,000,000 | €590 | -€2.0m | -100.0% |
| Trade receivables | 40 | €2,000,000 | €0 | -€2.0m | -100% |
| Other amounts receivable | 41 | €0 | €590 | +€590 | |
| Current investments | 50/53 | €1,350,000 | €400,000 | -€950,000 | -70.4% |
| Cash at bank and in hand | 54/58 | €156,157 | €67,107 | -€89,050 | -57.0% |
| Total equity and liabilities | 10/49 | €3,808,671 | €467,697 | -€3.3m | -87.7% |
| Equity | 10/15 | €1,736,978 | €158,882 | -€1.6m | -90.9% |
| Contributions | 10/11 | €1,250,000 | €150,000 | -€1.1m | -88.0% |
| Reserves | 13 | €486,000 | €8,000 | -€478,000 | -98.4% |
| Distributable reserves | 133 | €486,000 | €8,000 | -€478,000 | -98.4% |
| Profit (loss) carried forward | 14 | €978 | €882 | -€96 | -9.8% |
| Amounts payable | 17/49 | €2,071,693 | €308,815 | -€1.8m | -85.1% |
| Amounts payable after more than one year | 17 | €1,855,208 | €0 | -€1.9m | -100% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €1,855,208 | €0 | -€1.9m | -100% |
| Amounts payable within one year | 42/48 | €216,485 | €308,815 | +€92,330 | +42.6% |
| Trade debts | 44 | €1,210 | €2,544 | +€1,334 | +110% |
| Suppliers | 440/4 | €1,210 | €2,544 | +€1,334 | +110% |
| Taxes, remuneration and social security | 45 | €181,275 | €181,271 | -€4 | 0.0% |
| Taxes | 450/3 | €181,275 | €181,271 | -€4 | 0.0% |
| Other amounts payable | 47/48 | €34,000 | €125,000 | +€91,000 | +268% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €1,108 | €1,143 | +€35 | +3.1% |
| Gross operating margin | 9900 | €906,532 | €41,433 | -€865,099 | -95.4% |
| Operating profit (loss) | 9901 | €905,424 | €40,290 | -€865,134 | -95.6% |
| Financial income | 75/76B | €3,376 | €37,400 | +€34,024 | +1,008% |
| Recurring financial income | 75 | €3,376 | €37,400 | +€34,024 | +1,008% |
| Financial charges | 65/66B | €132,895 | €15,160 | -€117,735 | -88.6% |
| Recurring financial charges | 65 | €132,895 | €15,160 | -€117,735 | -88.6% |
| Profit (loss) for the period before taxes | 9903 | €775,905 | €62,530 | -€713,375 | -91.9% |
| Income taxes | 67/77 | €182,288 | €15,626 | -€166,662 | -91.4% |
| Profit (loss) for the period | 9904 | €593,617 | €46,904 | -€546,713 | -92.1% |
| Profit (loss) for the period to be appropriated | 9905 | €593,617 | €46,904 | -€546,713 | -92.1% |
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 16 October 2026 via checked.be.