Bielen: 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.
Bielen
Largest movements
- Tangible fixed assets -€61,379
down €61,379 (-6.8%), from €906,800 to €845,422
- Financial fixed assets -€53,000
down €53,000 (-5.9%), from €894,850 to €841,850
- Profit (loss) carried forward +€150,037
up €150,037 (+29.4%), from €511,070 to €661,107
- Other debts -€141,457
down €141,457 (-42.8%), from €330,583 to €189,126
- Debts after one year -€135,952
down €135,952 (-19.2%), from €707,198 to €571,245
- Accrued charges and deferred income +€27,172
up €27,172 (+45.4%), from €59,904 to €87,076
- Gross operating margin +€27,037
up €27,037 (+9.8%), from €276,944 to €303,980
- Financial charges -€19,142
down €19,142 (-38.6%), from €49,643 to €30,501
- Financial income -€18,117
down €18,117 (-82.2%), from €22,042 to €3,925
- Depreciation -€11,018
down €11,018 (-15.2%), from €72,397 to €61,379
- Taxes +€7,781
up €7,781 (+16.5%), from €47,295 to €55,076
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 | €2,080,370 | €1,978,669 | -€101,701 | -4.9% |
| Fixed assets | 21/28 | €1,801,650 | €1,687,272 | -€114,379 | -6.3% |
| Tangible fixed assets | 22/27 | €906,800 | €845,422 | -€61,379 | -6.8% |
| Land and buildings | 22 | €843,822 | €813,668 | -€30,154 | -3.6% |
| Plant, machinery and equipment | 23 | €28 | €0 | -€28 | -100.0% |
| Furniture and vehicles | 24 | €30,913 | €10,414 | -€20,500 | -66.3% |
| Other tangible fixed assets | 26 | €32,038 | €21,340 | -€10,698 | -33.4% |
| Financial fixed assets | 28 | €894,850 | €841,850 | -€53,000 | -5.9% |
| Current assets | 29/58 | €278,720 | €291,397 | +€12,677 | +4.5% |
| Amounts receivable within one year | 40/41 | €5,049 | €5,696 | +€647 | +12.8% |
| Other amounts receivable | 41 | €5,049 | €5,696 | +€647 | +12.8% |
| Current investments | 50/53 | €199,644 | €199,644 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €55,070 | €63,435 | +€8,366 | +15.2% |
| Deferred charges and accrued income | 490/1 | €18,957 | €22,621 | +€3,665 | +19.3% |
| Total equity and liabilities | 10/49 | €2,080,370 | €1,978,669 | -€101,701 | -4.9% |
| Equity | 10/15 | €832,361 | €982,398 | +€150,037 | +18.0% |
| Contributions | 10/11 | €42,393 | €42,393 | = | 0.0% |
| Capital | 10 | €42,393 | €42,393 | = | 0.0% |
| Issued capital | 100 | €42,393 | €42,393 | = | 0.0% |
| Reserves | 13 | €278,898 | €278,898 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,396 | €10,396 | = | 0.0% |
| Legal reserve | 130 | €10,396 | €10,396 | = | 0.0% |
| Distributable reserves | 133 | €268,502 | €268,502 | = | 0.0% |
| Profit (loss) carried forward | 14 | €511,070 | €661,107 | +€150,037 | +29.4% |
| Amounts payable | 17/49 | €1,248,009 | €996,272 | -€251,738 | -20.2% |
| Amounts payable after more than one year | 17 | €707,198 | €571,245 | -€135,952 | -19.2% |
| Financial debts | 170/4 | €707,198 | €571,245 | -€135,952 | -19.2% |
| Amounts payable within one year | 42/48 | €480,908 | €337,950 | -€142,957 | -29.7% |
| Current portion of amounts payable after more than one year | 42 | €135,781 | €135,952 | +€171 | +0.1% |
| Trade debts | 44 | €13,576 | €189 | -€13,387 | -98.6% |
| Suppliers | 440/4 | €13,576 | €189 | -€13,387 | -98.6% |
| Taxes, remuneration and social security | 45 | €967 | €12,683 | +€11,716 | +1211.5% |
| Taxes | 450/3 | €0 | €12,386 | +€12,386 | |
| Remuneration and social security | 454/9 | €967 | €296 | -€671 | -69.4% |
| Other amounts payable | 47/48 | €330,583 | €189,126 | -€141,457 | -42.8% |
| Accrued charges and deferred income | 492/3 | €59,904 | €87,076 | +€27,172 | +45.4% |
| Remuneration, social security and pensions | 62 | €8,648 | €4,463 | -€4,186 | -48.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,397 | €61,379 | -€11,018 | -15.2% |
| Other operating charges | 640/8 | €6,551 | €6,451 | -€99 | -1.5% |
| Gross operating margin | 9900 | €276,944 | €303,980 | +€27,037 | +9.8% |
| Operating profit (loss) | 9901 | €189,348 | €231,688 | +€42,340 | +22.4% |
| Financial income | 75/76B | €22,042 | €3,925 | -€18,117 | -82.2% |
| Recurring financial income | 75 | €22,042 | €3,925 | -€18,117 | -82.2% |
| Financial charges | 65/66B | €49,643 | €30,501 | -€19,142 | -38.6% |
| Recurring financial charges | 65 | €49,643 | €30,501 | -€19,142 | -38.6% |
| Profit (loss) for the period before taxes | 9903 | €161,747 | €205,112 | +€43,365 | +26.8% |
| Income taxes | 67/77 | €47,295 | €55,076 | +€7,781 | +16.5% |
| Profit (loss) for the period | 9904 | €114,452 | €150,037 | +€35,584 | +31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €114,452 | €150,037 | +€35,584 | +31.1% |
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 7 October 2026 via checked.be.