BIENSTMAN: 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.
BIENSTMAN
Largest movements
- Tangible fixed assets -€219,121
down €219,121 (-100.0%), from €219,121 to €0
- Receivables within one year +€47,745
up €47,745 (+20.6%), from €231,806 to €279,552
of which Other amounts receivable: +€27,177
- Cash +€44,912
up €44,912 (+1387.4%), from €3,237 to €48,149
mainly Investment in fixed assets (net) (+€219,121) and Net result for the year (+€45,249)
- Short-term financial debts -€222,000
down €222,000 (-100.0%), from €222,000 to €0
- Profit (loss) carried forward +€45,249
up €45,249, from -€3,475 to €41,773
- Trade debts +€40,491
up €40,491 (+2379.6%), from €1,702 to €42,193
- Accrued charges and deferred income +€5,162
up €5,162 (+699.5%), from €738 to €5,900
- Other debts +€4,634
up €4,634 (+2.4%), from €191,042 to €195,676
- Gross operating margin +€51,992
up €51,992 (+1554.7%), from €3,344 to €55,336
- Depreciation -€34,292
down €34,292 (-100.0%), from €34,292 to €0
- Financial income -€7,125
down €7,125 (-66.4%), from €10,730 to €3,606
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 | €454,165 | €327,701 | -€126,464 | -27.8% |
| Fixed assets | 21/28 | €219,121 | €0 | -€219,121 | -100.0% |
| Tangible fixed assets | 22/27 | €219,121 | €0 | -€219,121 | -100.0% |
| Land and buildings | 22 | €219,121 | €0 | -€219,121 | -100.0% |
| Current assets | 29/58 | €235,043 | €327,701 | +€92,657 | +39.4% |
| Amounts receivable within one year | 40/41 | €231,806 | €279,552 | +€47,745 | +20.6% |
| Trade receivables | 40 | €0 | €20,568 | +€20,568 | |
| Other amounts receivable | 41 | €231,806 | €258,983 | +€27,177 | +11.7% |
| Cash at bank and in hand | 54/58 | €3,237 | €48,149 | +€44,912 | +1387.4% |
| Total equity and liabilities | 10/49 | €454,165 | €327,701 | -€126,464 | -27.8% |
| Equity | 10/15 | €38,683 | €83,932 | +€45,249 | +117.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €23,567 | €23,567 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €21,707 | €21,707 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,475 | €41,773 | +€45,249 | |
| Amounts payable | 17/49 | €415,481 | €243,769 | -€171,712 | -41.3% |
| Amounts payable within one year | 42/48 | €414,743 | €237,869 | -€176,875 | -42.6% |
| Financial debts | 43 | €222,000 | €0 | -€222,000 | -100.0% |
| Credit institutions | 430/8 | €222,000 | €0 | -€222,000 | -100.0% |
| Trade debts | 44 | €1,702 | €42,193 | +€40,491 | +2379.6% |
| Suppliers | 440/4 | €1,702 | €42,193 | +€40,491 | +2379.6% |
| Other amounts payable | 47/48 | €191,042 | €195,676 | +€4,634 | +2.4% |
| Accrued charges and deferred income | 492/3 | €738 | €5,900 | +€5,162 | +699.5% |
| Non-recurring operating income | 76A | - | €78,889 | +€78,889 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,292 | €0 | -€34,292 | -100.0% |
| Other operating charges | 640/8 | €1,223 | €1,107 | -€116 | -9.5% |
| Gross operating margin | 9900 | €3,344 | €55,336 | +€51,992 | +1554.7% |
| Operating profit (loss) | 9901 | -€32,171 | €54,229 | +€86,400 | |
| Financial income | 75/76B | €10,730 | €3,606 | -€7,125 | -66.4% |
| Recurring financial income | 75 | €10,730 | €3,606 | -€7,125 | -66.4% |
| Financial charges | 65/66B | €12,452 | €12,586 | +€134 | +1.1% |
| Recurring financial charges | 65 | €12,452 | €12,586 | +€134 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | -€33,892 | €45,249 | +€79,141 | |
| Income taxes | 67/77 | €1 | €0 | -€1 | -100.0% |
| Profit (loss) for the period | 9904 | -€33,893 | €45,249 | +€79,142 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,893 | €45,249 | +€79,142 |
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 4 October 2026 via checked.be.