BIEVELEZ FABIAN: 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.
BIEVELEZ FABIAN
Largest movements
- Cash -€6,912
no longer reported in 2025 (was €6,912)
mainly Advances received (-€38,684) and Investment in fixed assets (net) (-€16,945)
- Receivables within one year -€5,393
down €5,393 (-4.4%), from €122,535 to €117,141
of which Other amounts receivable: -€16,924
- Tangible fixed assets +€5,359
up €5,359 (+22.9%), from €23,439 to €28,798
of which Plant, machinery and equipment: +€3,187
- Deferred charges and accrued income +€2,184
up €2,184 (+174%), from €1,257 to €3,441
- Advances received -€38,684
no longer reported in 2025 (was €38,684)
- Short-term financial debts +€28,427
new in 2025: €28,427
- Profit (loss) carried forward +€9,041
up €9,041, from -€7,906 to €1,135
- Tax, wage and social debts -€7,779
down €7,779 (-37.7%), from €20,646 to €12,867
of which Remuneration and social security: -€6,087
- Trade debts +€4,708
up €4,708 (+12.7%), from €37,149 to €41,857
- Staff costs -€62,872
down €62,872, from €59,580 to -€3,292
- Gross operating margin -€55,326
down €55,326 (-75.2%), from €73,548 to €18,222
- Financial charges -€13,086
down €13,086 (-82.5%), from €15,866 to €2,780
of which Non-recurring financial charges: -€6,935
- Financial income +€2,993
up €2,993 (+112%), from €2,674 to €5,666
- Taxes +€2,890
up €2,890 (+4,718%), from €61 to €2,951
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 | €154,343 | €149,581 | -€4,763 | -3.1% |
| Fixed assets | 21/28 | €23,639 | €28,998 | +€5,359 | +22.7% |
| Tangible fixed assets | 22/27 | €23,439 | €28,798 | +€5,359 | +22.9% |
| Plant, machinery and equipment | 23 | €864 | €4,051 | +€3,187 | +369% |
| Furniture and vehicles | 24 | €22,575 | €24,748 | +€2,172 | +9.6% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €130,704 | €120,583 | -€10,122 | -7.7% |
| Amounts receivable within one year | 40/41 | €122,535 | €117,141 | -€5,393 | -4.4% |
| Trade receivables | 40 | €81,311 | €92,841 | +€11,531 | +14.2% |
| Other amounts receivable | 41 | €41,224 | €24,300 | -€16,924 | -41.1% |
| Cash at bank and in hand | 54/58 | €6,912 | - | -€6,912 | |
| Deferred charges and accrued income | 490/1 | €1,257 | €3,441 | +€2,184 | +174% |
| Total equity and liabilities | 10/49 | €154,343 | €149,581 | -€4,763 | -3.1% |
| Equity | 10/15 | €57,389 | €66,430 | +€9,041 | +15.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €46,695 | €46,695 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €44,835 | €44,835 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,906 | €1,135 | +€9,041 | |
| Amounts payable | 17/49 | €96,954 | €83,151 | -€13,804 | -14.2% |
| Amounts payable within one year | 42/48 | €96,954 | €83,151 | -€13,804 | -14.2% |
| Financial debts | 43 | - | €28,427 | +€28,427 | |
| Credit institutions | 430/8 | - | €28,427 | +€28,427 | |
| Trade debts | 44 | €37,149 | €41,857 | +€4,708 | +12.7% |
| Suppliers | 440/4 | €37,149 | €41,857 | +€4,708 | +12.7% |
| Advances received on contracts in progress | 46 | €38,684 | - | -€38,684 | |
| Taxes, remuneration and social security | 45 | €20,646 | €12,867 | -€7,779 | -37.7% |
| Taxes | 450/3 | €9,050 | €7,358 | -€1,692 | -18.7% |
| Remuneration and social security | 454/9 | €11,596 | €5,508 | -€6,087 | -52.5% |
| Other amounts payable | 47/48 | €475 | - | -€475 | |
| Remuneration, social security and pensions | 62 | €59,580 | -€3,292 | -€62,872 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,528 | €11,586 | +€2,058 | +21.6% |
| Other operating charges | 640/8 | €870 | €821 | -€48 | -5.6% |
| Non-recurring operating charges | 66A | €80 | - | -€80 | |
| Gross operating margin | 9900 | €73,548 | €18,222 | -€55,326 | -75.2% |
| Operating profit (loss) | 9901 | €3,490 | €9,106 | +€5,616 | +161% |
| Financial income | 75/76B | €2,674 | €5,666 | +€2,993 | +112% |
| Recurring financial income | 75 | €2,674 | €5,666 | +€2,993 | +112% |
| Financial charges | 65/66B | €15,866 | €2,780 | -€13,086 | -82.5% |
| Recurring financial charges | 65 | €8,869 | €2,717 | -€6,151 | -69.4% |
| Non-recurring financial charges | 66B | €6,998 | €63 | -€6,935 | -99.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,703 | €11,992 | +€21,695 | |
| Income taxes | 67/77 | €61 | €2,951 | +€2,890 | +4,718% |
| Profit (loss) for the period | 9904 | -€9,764 | €9,041 | +€18,805 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,764 | €9,041 | +€18,805 |
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 30 October 2026 via checked.be.