BIFACE: 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.
BIFACE
Largest movements
- Tangible fixed assets +€6,122
up €6,122 (+16.4%), from €37,220 to €43,342
of which Plant, machinery and equipment: +€10,605
- Receivables within one year -€1,734
no longer reported in 2024 (was €1,734)
- Cash +€1,654
up €1,654 (+11.2%), from €14,785 to €16,439
mainly Depreciation (+€6,516) and Net result for the year (+€3,741)
- Deferred charges and accrued income +€1,024
up €1,024 (+194.6%), from €526 to €1,550
- Profit (loss) carried forward +€3,740
up €3,740 (+31.1%), from €12,034 to €15,774
- Trade debts +€1,862
up €1,862 (+496.6%), from €375 to €2,237
- Other debts +€1,463
up €1,463 (+4.3%), from €33,797 to €35,260
- Gross operating margin +€11,672
up €11,672 (+2812.6%), from €415 to €12,087
- Depreciation +€1,889
up €1,889 (+40.8%), from €4,627 to €6,516
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,265 | €61,330 | +€7,065 | +13.0% |
| Fixed assets | 21/28 | €37,220 | €43,342 | +€6,122 | +16.4% |
| Tangible fixed assets | 22/27 | €37,220 | €43,342 | +€6,122 | +16.4% |
| Land and buildings | 22 | €37,220 | €32,737 | -€4,483 | -12.0% |
| Plant, machinery and equipment | 23 | - | €10,605 | +€10,605 | |
| Current assets | 29/58 | €17,045 | €17,989 | +€944 | +5.5% |
| Amounts receivable within one year | 40/41 | €1,734 | - | -€1,734 | |
| Other amounts receivable | 41 | €1,734 | - | -€1,734 | |
| Cash at bank and in hand | 54/58 | €14,785 | €16,439 | +€1,654 | +11.2% |
| Deferred charges and accrued income | 490/1 | €526 | €1,550 | +€1,024 | +194.6% |
| Total equity and liabilities | 10/49 | €54,265 | €61,330 | +€7,065 | +13.0% |
| Equity | 10/15 | €20,093 | €23,834 | +€3,741 | +18.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | +€0 | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €12,034 | €15,774 | +€3,740 | +31.1% |
| Amounts payable | 17/49 | €34,172 | €37,497 | +€3,325 | +9.7% |
| Amounts payable within one year | 42/48 | €34,172 | €37,497 | +€3,325 | +9.7% |
| Trade debts | 44 | €375 | €2,237 | +€1,862 | +496.6% |
| Suppliers | 440/4 | €375 | €2,237 | +€1,862 | +496.6% |
| Other amounts payable | 47/48 | €33,797 | €35,260 | +€1,463 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,627 | €6,516 | +€1,889 | +40.8% |
| Other operating charges | 640/8 | €1,617 | €1,663 | +€46 | +2.9% |
| Gross operating margin | 9900 | €415 | €12,087 | +€11,672 | +2812.6% |
| Operating profit (loss) | 9901 | -€5,829 | €3,907 | +€9,736 | |
| Financial charges | 65/66B | €160 | €167 | +€7 | +4.2% |
| Recurring financial charges | 65 | €160 | €167 | +€7 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,989 | €3,741 | +€9,730 | |
| Profit (loss) for the period | 9904 | -€5,989 | €3,741 | +€9,730 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,989 | €3,741 | +€9,730 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.