BIESSENHUYS: 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.
BIESSENHUYS
Largest movements
- Tangible fixed assets +€588,087
up €588,087 (+68.4%), from €860,176 to €1.4m
of which Plant, machinery and equipment: +€315,124
- Cash +€235,376
up €235,376 (+4,529%), from €5,197 to €240,573
mainly Net result for the year (+€474,431) and Other debts (+€371,470)
- Receivables within one year +€49,302
up €49,302 (+11,490%), from €429 to €49,731
of which Trade receivables: +€40,945
- Reserves +€427,901
up €427,901 (+1,727%), from €24,779 to €452,680
of which Tax-exempt reserves: +€427,901
- Other debts +€371,470
up €371,470 (+73.8%), from €503,270 to €874,740
- Provisions +€106,975
new in 2025: €106,975
- Revaluation surpluses -€85,843
down €85,843 (-100%), from €85,843 to €0
- Trade debts +€55,620
up €55,620 (+12,956%), from €429 to €56,049
- Gross operating margin +€624,882
up €624,882 (+2,725%), from €22,931 to €647,813
- Financial charges -€18,095
down €18,095 (-53.1%), from €34,102 to €16,007
- Depreciation +€16,479
up €16,479 (+52.9%), from €31,135 to €47,614
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 | €865,802 | €1,738,782 | +€872,980 | +101% |
| Fixed assets | 21/28 | €860,176 | €1,448,263 | +€588,087 | +68.4% |
| Tangible fixed assets | 22/27 | €860,176 | €1,448,263 | +€588,087 | +68.4% |
| Land and buildings | 22 | €730,152 | €1,036,784 | +€306,631 | +42.0% |
| Plant, machinery and equipment | 23 | - | €315,124 | +€315,124 | |
| Other tangible fixed assets | 26 | €103,995 | €96,356 | -€7,639 | -7.3% |
| Assets under construction and advance payments | 27 | €26,029 | €0 | -€26,029 | -100% |
| Current assets | 29/58 | €5,626 | €290,519 | +€284,893 | +5,064% |
| Amounts receivable within one year | 40/41 | €429 | €49,731 | +€49,302 | +11,490% |
| Trade receivables | 40 | €0 | €40,945 | +€40,945 | |
| Other amounts receivable | 41 | €429 | €8,786 | +€8,357 | +1,948% |
| Cash at bank and in hand | 54/58 | €5,197 | €240,573 | +€235,376 | +4,529% |
| Deferred charges and accrued income | 490/1 | €0 | €215 | +€215 | |
| Total equity and liabilities | 10/49 | €865,802 | €1,738,782 | +€872,980 | +101% |
| Equity | 10/15 | €79,193 | €467,781 | +€388,588 | +491% |
| Contributions | 10/11 | €93,525 | €93,525 | = | 0.0% |
| Revaluation surpluses | 12 | €85,843 | €0 | -€85,843 | -100% |
| Reserves | 13 | €24,779 | €452,680 | +€427,901 | +1,727% |
| Tax-exempt reserves | 132 | - | €427,901 | +€427,901 | |
| Distributable reserves | 133 | €24,779 | €24,779 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,954 | -€78,425 | +€46,530 | +37.2% |
| Provisions and deferred taxes | 16 | - | €106,975 | +€106,975 | |
| Deferred taxes | 168 | - | €106,975 | +€106,975 | |
| Amounts payable | 17/49 | €786,609 | €1,164,026 | +€377,417 | +48.0% |
| Amounts payable after more than one year | 17 | €230,671 | €202,829 | -€27,842 | -12.1% |
| Financial debts | 170/4 | €230,671 | €202,829 | -€27,842 | -12.1% |
| Amounts payable within one year | 42/48 | €532,540 | €960,000 | +€427,460 | +80.3% |
| Current portion of amounts payable after more than one year | 42 | €26,815 | €27,842 | +€1,026 | +3.8% |
| Trade debts | 44 | €429 | €56,049 | +€55,620 | +12,956% |
| Suppliers | 440/4 | €429 | €56,049 | +€55,620 | +12,956% |
| Taxes, remuneration and social security | 45 | €2,026 | €1,370 | -€656 | -32.4% |
| Taxes | 450/3 | €2,026 | €1,370 | -€656 | -32.4% |
| Other amounts payable | 47/48 | €503,270 | €874,740 | +€371,470 | +73.8% |
| Accrued charges and deferred income | 492/3 | €23,398 | €1,196 | -€22,201 | -94.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,135 | €47,614 | +€16,479 | +52.9% |
| Other operating charges | 640/8 | €2,826 | €2,816 | -€9 | -0.3% |
| Gross operating margin | 9900 | €22,931 | €647,813 | +€624,882 | +2,725% |
| Operating profit (loss) | 9901 | -€11,030 | €597,383 | +€608,412 | |
| Financial income | 75/76B | - | €30 | +€30 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Financial charges | 65/66B | €34,102 | €16,007 | -€18,095 | -53.1% |
| Recurring financial charges | 65 | €34,102 | €16,007 | -€18,095 | -53.1% |
| Profit (loss) for the period before taxes | 9903 | -€45,131 | €581,406 | +€626,537 | |
| Transfer from deferred taxes | 780 | - | €11,421 | +€11,421 | |
| Transfer to deferred taxes | 680 | - | €118,396 | +€118,396 | |
| Profit (loss) for the period | 9904 | -€45,131 | €474,431 | +€519,562 | |
| Transfer from tax-exempt reserves | 789 | - | €45,682 | +€45,682 | |
| Transfer to tax-exempt reserves | 689 | - | €473,583 | +€473,583 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,131 | €46,530 | +€91,661 |
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 19 October 2026 via checked.be.