Bierwood Properties: 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.
Bierwood Properties
Largest movements
- Tangible fixed assets +€547,665
up €547,665 (+112%), from €487,168 to €1.0m
of which Land and buildings: +€550,665
- Cash -€19,824
down €19,824 (-47.5%), from €41,697 to €21,873
mainly Investment in fixed assets (net) (-€564,530) and Net result for the year (-€12,508)
- Contributions +€544,686
up €544,686 (+356%), from €153,000 to €697,686
- Profit (loss) carried forward -€12,508
down €12,508 (-60.4%), from -€20,716 to -€33,223
- Gross operating margin +€16,439
up €16,439 (+660%), from €2,492 to €18,930
- Financial charges +€5,930
up €5,930 (+101%), from €5,898 to €11,828
- Other operating charges +€1,941
up €1,941 (+234%), from €830 to €2,770
- Depreciation +€385
up €385 (+2.3%), from €16,480 to €16,865
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 | €537,836 | €1,066,657 | +€528,821 | +98.3% |
| Fixed assets | 21/28 | €487,168 | €1,034,833 | +€547,665 | +112% |
| Tangible fixed assets | 22/27 | €487,168 | €1,034,833 | +€547,665 | +112% |
| Land and buildings | 22 | €458,444 | €1,009,109 | +€550,665 | +120% |
| Furniture and vehicles | 24 | €28,724 | €25,724 | -€3,000 | -10.4% |
| Current assets | 29/58 | €50,667 | €31,823 | -€18,844 | -37.2% |
| Amounts receivable within one year | 40/41 | €8,970 | €9,062 | +€92 | +1.0% |
| Trade receivables | 40 | €5,082 | €6,563 | +€1,481 | +29.1% |
| Other amounts receivable | 41 | €3,888 | €2,499 | -€1,389 | -35.7% |
| Cash at bank and in hand | 54/58 | €41,697 | €21,873 | -€19,824 | -47.5% |
| Deferred charges and accrued income | 490/1 | - | €888 | +€888 | |
| Total equity and liabilities | 10/49 | €537,836 | €1,066,657 | +€528,821 | +98.3% |
| Equity | 10/15 | €132,284 | €664,463 | +€532,178 | +402% |
| Contributions | 10/11 | €153,000 | €697,686 | +€544,686 | +356% |
| Profit (loss) carried forward | 14 | -€20,716 | -€33,223 | -€12,508 | -60.4% |
| Amounts payable | 17/49 | €405,551 | €402,194 | -€3,358 | -0.8% |
| Amounts payable after more than one year | 17 | €350,000 | €350,000 | = | 0.0% |
| Financial debts | 170/4 | €350,000 | €350,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €55,551 | €52,194 | -€3,358 | -6.0% |
| Trade debts | 44 | €11,089 | €7,374 | -€3,716 | -33.5% |
| Suppliers | 440/4 | €11,089 | €7,374 | -€3,716 | -33.5% |
| Other amounts payable | 47/48 | €44,462 | €44,820 | +€358 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,480 | €16,865 | +€385 | +2.3% |
| Other operating charges | 640/8 | €830 | €2,770 | +€1,941 | +234% |
| Gross operating margin | 9900 | €2,492 | €18,930 | +€16,439 | +660% |
| Operating profit (loss) | 9901 | -€14,818 | -€705 | +€14,113 | +95.2% |
| Financial income | 75/76B | - | €25 | +€25 | |
| Recurring financial income | 75 | - | €25 | +€25 | |
| Financial charges | 65/66B | €5,898 | €11,828 | +€5,930 | +101% |
| Recurring financial charges | 65 | €5,898 | €11,828 | +€5,930 | +101% |
| Profit (loss) for the period before taxes | 9903 | -€20,716 | -€12,508 | +€8,208 | +39.6% |
| Profit (loss) for the period | 9904 | -€20,716 | -€12,508 | +€8,208 | +39.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,716 | -€12,508 | +€8,208 | +39.6% |
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 25 October 2026 via checked.be.