Biforum: 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.
Biforum
Largest movements
- Tangible fixed assets -€38,187
down €38,187 (-4.7%), from €804,212 to €766,025
- Receivables within one year +€9,241
up €9,241 (+287.5%), from €3,214 to €12,455
of which Other amounts receivable: +€9,757
- Cash +€9,031
up €9,031 (+121.9%), from €7,406 to €16,437
mainly Debts after one year (+€71,169) and Depreciation (+€38,187)
- Other debts -€139,245
down €139,245 (-62.6%), from €222,291 to €83,046
- Debts after one year +€71,169
up €71,169 (+15.7%), from €453,718 to €524,887
- Current portion of long-term debt +€29,109
up €29,109 (+86.2%), from €33,768 to €62,877
- Trade debts +€19,040
up €19,040 (+4539.1%), from €419 to €19,459
- Reserves +€10,805
up €10,805 (+15.5%), from €69,691 to €80,496
- Gross operating margin -€36,301
down €36,301 (-32.1%), from €113,100 to €76,799
- Taxes -€6,495
down €6,495 (-70.6%), from €9,196 to €2,701
- Financial charges -€4,004
down €4,004 (-17.2%), from €23,288 to €19,284
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 | €814,833 | €794,917 | -€19,916 | -2.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €804,212 | €766,025 | -€38,187 | -4.7% |
| Tangible fixed assets | 22/27 | €804,212 | €766,025 | -€38,187 | -4.7% |
| Land and buildings | 22 | €804,212 | €766,025 | -€38,187 | -4.7% |
| Current assets | 29/58 | €10,621 | €28,892 | +€18,271 | +172.0% |
| Amounts receivable within one year | 40/41 | €3,214 | €12,455 | +€9,241 | +287.5% |
| Trade receivables | 40 | €3,214 | €2,698 | -€516 | -16.1% |
| Other amounts receivable | 41 | - | €9,757 | +€9,757 | |
| Cash at bank and in hand | 54/58 | €7,406 | €16,437 | +€9,031 | +121.9% |
| Total equity and liabilities | 10/49 | €814,833 | €794,917 | -€19,916 | -2.4% |
| Equity | 10/15 | €84,691 | €95,496 | +€10,805 | +12.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €69,691 | €80,496 | +€10,805 | +15.5% |
| Distributable reserves | 133 | €69,691 | €80,496 | +€10,805 | +15.5% |
| Amounts payable | 17/49 | €730,142 | €699,421 | -€30,721 | -4.2% |
| Amounts payable after more than one year | 17 | €453,718 | €524,887 | +€71,169 | +15.7% |
| Financial debts | 170/4 | €453,718 | €524,887 | +€71,169 | +15.7% |
| Amounts payable within one year | 42/48 | €276,424 | €174,534 | -€101,889 | -36.9% |
| Current portion of amounts payable after more than one year | 42 | €33,768 | €62,877 | +€29,109 | +86.2% |
| Trade debts | 44 | €419 | €19,459 | +€19,040 | +4539.1% |
| Suppliers | 440/4 | €419 | €19,459 | +€19,040 | +4539.1% |
| Taxes, remuneration and social security | 45 | €19,945 | €9,152 | -€10,793 | -54.1% |
| Taxes | 450/3 | €19,945 | €9,152 | -€10,793 | -54.1% |
| Other amounts payable | 47/48 | €222,291 | €83,046 | -€139,245 | -62.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,187 | €38,187 | = | 0.0% |
| Other operating charges | 640/8 | €5,646 | €5,822 | +€176 | +3.1% |
| Gross operating margin | 9900 | €113,100 | €76,799 | -€36,301 | -32.1% |
| Operating profit (loss) | 9901 | €69,267 | €32,790 | -€36,477 | -52.7% |
| Financial charges | 65/66B | €23,288 | €19,284 | -€4,004 | -17.2% |
| Recurring financial charges | 65 | €23,288 | €19,284 | -€4,004 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €45,980 | €13,506 | -€32,473 | -70.6% |
| Income taxes | 67/77 | €9,196 | €2,701 | -€6,495 | -70.6% |
| Profit (loss) for the period | 9904 | €36,784 | €10,805 | -€25,979 | -70.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,784 | €10,805 | -€25,979 | -70.6% |
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 28 September 2026 via checked.be.