BIF: 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.
BIF
Largest movements
- Receivables after one year +€300,000
up €300,000 (+25.5%), from €1.2m to €1.5m
- Deferred charges and accrued income +€85,640
up €85,640 (+88.0%), from €97,322 to €182,962
- Debts after one year +€300,000
up €300,000 (+25.0%), from €1.2m to €1.5m
- Accrued charges and deferred income +€87,036
up €87,036 (+91.7%), from €94,939 to €181,975
- Financial charges -€12,473
down €12,473 (-12.5%), from €99,829 to €87,355
- Financial income -€11,653
down €11,653 (-12.0%), from €97,293 to €85,640
- Gross operating margin +€10,651
up €10,651 (+62.6%), from -€17,005 to -€6,355
- Other operating charges +€251
up €251 (+216.7%), from €116 to €367
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 | €1,276,064 | €1,660,388 | +€384,324 | +30.1% |
| Current assets | 29/58 | €1,276,064 | €1,660,388 | +€384,324 | +30.1% |
| Amounts receivable after more than one year | 29 | €1,175,000 | €1,475,000 | +€300,000 | +25.5% |
| Trade receivables | 290 | €1,175,000 | €1,475,000 | +€300,000 | +25.5% |
| Cash at bank and in hand | 54/58 | €3,742 | €2,426 | -€1,316 | -35.2% |
| Deferred charges and accrued income | 490/1 | €97,322 | €182,962 | +€85,640 | +88.0% |
| Total equity and liabilities | 10/49 | €1,276,064 | €1,660,388 | +€384,324 | +30.1% |
| Equity | 10/15 | -€19,557 | -€27,995 | -€8,437 | -43.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,657 | -€28,095 | -€8,437 | -42.9% |
| Amounts payable | 17/49 | €1,295,621 | €1,688,382 | +€392,761 | +30.3% |
| Amounts payable after more than one year | 17 | €1,200,000 | €1,500,000 | +€300,000 | +25.0% |
| Financial debts | 170/4 | €1,200,000 | €1,500,000 | +€300,000 | +25.0% |
| Amounts payable within one year | 42/48 | €682 | €6,407 | +€5,725 | +839.6% |
| Trade debts | 44 | €174 | €1,399 | +€1,225 | +703.5% |
| Suppliers | 440/4 | €174 | €1,399 | +€1,225 | +703.5% |
| Other amounts payable | 47/48 | €508 | €5,009 | +€4,501 | +886.2% |
| Accrued charges and deferred income | 492/3 | €94,939 | €181,975 | +€87,036 | +91.7% |
| Other operating charges | 640/8 | €116 | €367 | +€251 | +216.7% |
| Gross operating margin | 9900 | -€17,005 | -€6,355 | +€10,651 | +62.6% |
| Operating profit (loss) | 9901 | -€17,121 | -€6,722 | +€10,400 | +60.7% |
| Financial income | 75/76B | €97,293 | €85,640 | -€11,653 | -12.0% |
| Recurring financial income | 75 | €97,293 | €85,640 | -€11,653 | -12.0% |
| Financial charges | 65/66B | €99,829 | €87,355 | -€12,473 | -12.5% |
| Recurring financial charges | 65 | €99,829 | €87,355 | -€12,473 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | -€19,657 | -€8,437 | +€11,220 | +57.1% |
| Profit (loss) for the period | 9904 | -€19,657 | -€8,437 | +€11,220 | +57.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,657 | -€8,437 | +€11,220 | +57.1% |
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 29 September 2026 via checked.be.