Bieke Verwimp: 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.
Bieke Verwimp
Largest movements
- Receivables within one year -€67,071
down €67,071 (-17.8%), from €376,285 to €309,215
of which Other amounts receivable: -€68,682
- Tangible fixed assets +€15,591
up €15,591 (+35.2%), from €44,242 to €59,832
of which Furniture and vehicles: +€18,145
- Other debts -€49,521
no longer reported in 2025 (was €49,521)
- Reserves -€26,989
down €26,989 (-6.2%), from €438,693 to €411,704
of which Distributable reserves: -€26,989
- Trade debts +€26,713
up €26,713 (+16.3%), from €164,124 to €190,836
- Gross operating margin +€26,177
up €26,177 (+17.0%), from €153,594 to €179,771
- Taxes +€8,163
up €8,163 (+18.5%), from €44,159 to €52,322
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 | €693,335 | €645,610 | -€47,725 | -6.9% |
| Fixed assets | 21/28 | €44,242 | €59,832 | +€15,591 | +35.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €44,242 | €59,832 | +€15,591 | +35.2% |
| Land and buildings | 22 | €43,422 | €40,868 | -€2,554 | -5.9% |
| Furniture and vehicles | 24 | €819 | €18,964 | +€18,145 | +2,215% |
| Current assets | 29/58 | €649,094 | €585,778 | -€63,316 | -9.8% |
| Amounts receivable within one year | 40/41 | €376,285 | €309,215 | -€67,071 | -17.8% |
| Trade receivables | 40 | €113,671 | €115,283 | +€1,611 | +1.4% |
| Other amounts receivable | 41 | €262,614 | €193,932 | -€68,682 | -26.2% |
| Cash at bank and in hand | 54/58 | €272,808 | €276,563 | +€3,755 | +1.4% |
| Total equity and liabilities | 10/49 | €693,335 | €645,610 | -€47,725 | -6.9% |
| Equity | 10/15 | €469,781 | €442,792 | -€26,989 | -5.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €438,693 | €411,704 | -€26,989 | -6.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,113 | €30,113 | = | 0.0% |
| Distributable reserves | 133 | €406,720 | €379,731 | -€26,989 | -6.6% |
| Profit (loss) carried forward | 14 | €24,888 | €24,888 | +€0 | 0.0% |
| Amounts payable | 17/49 | €223,554 | €202,818 | -€20,736 | -9.3% |
| Amounts payable within one year | 42/48 | €223,554 | €202,818 | -€20,736 | -9.3% |
| Trade debts | 44 | €164,124 | €190,836 | +€26,713 | +16.3% |
| Suppliers | 440/4 | €164,124 | €190,836 | +€26,713 | +16.3% |
| Taxes, remuneration and social security | 45 | €9,909 | €11,981 | +€2,072 | +20.9% |
| Taxes | 450/3 | €7,409 | €9,481 | +€2,072 | +28.0% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €49,521 | - | -€49,521 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,705 | €5,439 | +€1,734 | +46.8% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €153,594 | €179,771 | +€26,177 | +17.0% |
| Operating profit (loss) | 9901 | €149,384 | €173,812 | +€24,429 | +16.4% |
| Financial income | 75/76B | €1,823 | €1,659 | -€163 | -9.0% |
| Recurring financial income | 75 | €1,823 | €1,659 | -€163 | -9.0% |
| Financial charges | 65/66B | €3,193 | €2,618 | -€575 | -18.0% |
| Recurring financial charges | 65 | €3,193 | €2,618 | -€575 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €148,013 | €172,854 | +€24,841 | +16.8% |
| Income taxes | 67/77 | €44,159 | €52,322 | +€8,163 | +18.5% |
| Profit (loss) for the period | 9904 | €103,854 | €120,532 | +€16,678 | +16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €103,854 | €120,532 | +€16,678 | +16.1% |
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 20 October 2026 via checked.be.