BiFinCo: 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.
BiFinCo
Largest movements
- Cash -€86,661
down €86,661 (-62.5%), from €138,655 to €51,994
mainly Other debts (-€88,748) and Contributions, distributions and other (-€59,097)
- Receivables within one year +€2,371
up €2,371 (+11.2%), from €21,107 to €23,479
of which Other amounts receivable: +€2,371
- Other debts -€88,748
down €88,748 (-60.0%), from €147,845 to €59,097
- Tax, wage and social debts +€1,916
up €1,916 (+15.6%), from €12,258 to €14,174
- Gross operating margin +€5,424
up €5,424 (+7.6%), from €71,168 to €76,593
- Taxes +€911
up €911 (+6.4%), from €14,250 to €15,162
- Other operating charges +€796
new in 2025: €796
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 | €164,515 | €78,667 | -€85,847 | -52.2% |
| Fixed assets | 21/28 | €4,110 | €2,599 | -€1,511 | -36.8% |
| Tangible fixed assets | 22/27 | €4,110 | €2,599 | -€1,511 | -36.8% |
| Furniture and vehicles | 24 | €4,110 | €2,599 | -€1,511 | -36.8% |
| Current assets | 29/58 | €160,404 | €76,068 | -€84,336 | -52.6% |
| Amounts receivable within one year | 40/41 | €21,107 | €23,479 | +€2,371 | +11.2% |
| Trade receivables | 40 | €13,794 | €13,794 | = | 0.0% |
| Other amounts receivable | 41 | €7,313 | €9,685 | +€2,371 | +32.4% |
| Cash at bank and in hand | 54/58 | €138,655 | €51,994 | -€86,661 | -62.5% |
| Deferred charges and accrued income | 490/1 | €642 | €596 | -€47 | -7.2% |
| Total equity and liabilities | 10/49 | €164,515 | €78,667 | -€85,847 | -52.2% |
| Equity | 10/15 | €4,000 | €4,000 | = | 0.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Amounts payable | 17/49 | €160,515 | €74,667 | -€85,847 | -53.5% |
| Amounts payable within one year | 42/48 | €160,515 | €74,667 | -€85,847 | -53.5% |
| Trade debts | 44 | €412 | €1,396 | +€984 | +238.8% |
| Suppliers | 440/4 | €412 | €1,396 | +€984 | +238.8% |
| Taxes, remuneration and social security | 45 | €12,258 | €14,174 | +€1,916 | +15.6% |
| Taxes | 450/3 | €12,258 | €14,174 | +€1,916 | +15.6% |
| Other amounts payable | 47/48 | €147,845 | €59,097 | -€88,748 | -60.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,220 | €1,511 | +€291 | +23.8% |
| Other operating charges | 640/8 | - | €796 | +€796 | |
| Gross operating margin | 9900 | €71,168 | €76,593 | +€5,424 | +7.6% |
| Operating profit (loss) | 9901 | €69,948 | €74,286 | +€4,338 | +6.2% |
| Financial income | 75/76B | €4 | €147 | +€143 | +3563.6% |
| Recurring financial income | 75 | €4 | €147 | +€143 | +3563.6% |
| Financial charges | 65/66B | €104 | €174 | +€70 | +67.2% |
| Recurring financial charges | 65 | €104 | €174 | +€70 | +67.2% |
| Profit (loss) for the period before taxes | 9903 | €69,848 | €74,258 | +€4,411 | +6.3% |
| Income taxes | 67/77 | €14,250 | €15,162 | +€911 | +6.4% |
| Profit (loss) for the period | 9904 | €55,598 | €59,097 | +€3,499 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €55,598 | €59,097 | +€3,499 | +6.3% |
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 11 October 2026 via checked.be.