Bielen Turning Technic: 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.
Bielen Turning Technic
Largest movements
- Stocks and contracts -€78,292
down €78,292 (-93.6%), from €83,624 to €5,332
- Receivables within one year -€59,726
down €59,726 (-71.0%), from €84,090 to €24,364
of which Trade receivables: -€57,762
- Tangible fixed assets -€3,654
down €3,654 (-38.5%), from €9,493 to €5,839
of which Plant, machinery and equipment: -€3,032
- Reserves -€68,983
down €68,983 (-60.2%), from €114,622 to €45,640
- Trade debts -€50,783
down €50,783 (-98.5%), from €51,573 to €790
- Tax, wage and social debts -€19,901
down €19,901 (-76.6%), from €25,982 to €6,081
of which Taxes: -€11,231
- Staff costs -€74,863
down €74,863 (-46.9%), from €159,666 to €84,803
- Gross operating margin +€10,913
up €10,913 (+8.9%), from €122,854 to €133,766
- Financial charges -€1,495
down €1,495 (-56.3%), from €2,656 to €1,161
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 | €242,545 | €102,875 | -€139,670 | -57.6% |
| Fixed assets | 21/28 | €9,493 | €5,839 | -€3,654 | -38.5% |
| Tangible fixed assets | 22/27 | €9,493 | €5,839 | -€3,654 | -38.5% |
| Plant, machinery and equipment | 23 | €7,543 | €4,511 | -€3,032 | -40.2% |
| Furniture and vehicles | 24 | €1,950 | €1,328 | -€622 | -31.9% |
| Current assets | 29/58 | €233,052 | €97,036 | -€136,016 | -58.4% |
| Stocks and contracts in progress | 3 | €83,624 | €5,332 | -€78,292 | -93.6% |
| Stocks | 30/36 | €83,624 | €5,332 | -€78,292 | -93.6% |
| Amounts receivable within one year | 40/41 | €84,090 | €24,364 | -€59,726 | -71.0% |
| Trade receivables | 40 | €72,445 | €14,683 | -€57,762 | -79.7% |
| Other amounts receivable | 41 | €11,645 | €9,680 | -€1,964 | -16.9% |
| Cash at bank and in hand | 54/58 | €63,258 | €64,654 | +€1,395 | +2.2% |
| Deferred charges and accrued income | 490/1 | €2,080 | €2,686 | +€606 | +29.2% |
| Total equity and liabilities | 10/49 | €242,545 | €102,875 | -€139,670 | -57.6% |
| Equity | 10/15 | €164,622 | €95,640 | -€68,983 | -41.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €114,622 | €45,640 | -€68,983 | -60.2% |
| Distributable reserves | 133 | €114,622 | €45,640 | -€68,983 | -60.2% |
| Amounts payable | 17/49 | €77,923 | €7,236 | -€70,687 | -90.7% |
| Amounts payable within one year | 42/48 | €77,923 | €7,236 | -€70,687 | -90.7% |
| Trade debts | 44 | €51,573 | €790 | -€50,783 | -98.5% |
| Suppliers | 440/4 | €51,573 | €790 | -€50,783 | -98.5% |
| Taxes, remuneration and social security | 45 | €25,982 | €6,081 | -€19,901 | -76.6% |
| Taxes | 450/3 | €11,231 | - | -€11,231 | |
| Remuneration and social security | 454/9 | €14,751 | €6,081 | -€8,669 | -58.8% |
| Other amounts payable | 47/48 | €368 | €365 | -€4 | -1.0% |
| Non-recurring operating income | 76A | - | €90,000 | +€90,000 | |
| Remuneration, social security and pensions | 62 | €159,666 | €84,803 | -€74,863 | -46.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,699 | €3,654 | -€46 | -1.2% |
| Other operating charges | 640/8 | €4,412 | €3,509 | -€903 | -20.5% |
| Gross operating margin | 9900 | €122,854 | €133,766 | +€10,913 | +8.9% |
| Operating profit (loss) | 9901 | -€44,924 | €41,801 | +€86,725 | |
| Financial income | 75/76B | €386 | €377 | -€9 | -2.3% |
| Recurring financial income | 75 | €386 | €377 | -€9 | -2.3% |
| Financial charges | 65/66B | €2,656 | €1,161 | -€1,495 | -56.3% |
| Recurring financial charges | 65 | €2,656 | €1,161 | -€1,495 | -56.3% |
| Profit (loss) for the period before taxes | 9903 | -€47,195 | €41,017 | +€88,212 | |
| Profit (loss) for the period | 9904 | -€47,195 | €41,017 | +€88,212 | |
| Profit (loss) for the period to be appropriated | 9905 | -€47,195 | €41,017 | +€88,212 |
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 21 October 2026 via checked.be.