BIFRI: 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.
BIFRI
Largest movements
- Cash +€63,436
up €63,436 (+11.1%), from €573,572 to €637,008
mainly Depreciation (+€37,247) and Net result for the year (+€22,615)
- Tangible fixed assets -€29,154
down €29,154 (-12.6%), from €232,059 to €202,905
- Reserves +€22,615
up €22,615 (+7.9%), from €285,245 to €307,860
of which Distributable reserves: +€22,615
- Accrued charges and deferred income +€12,359
new in 2024: €12,359
- Depreciation -€5,400
down €5,400 (-12.7%), from €42,647 to €37,247
- Taxes +€2,086
up €2,086 (+24.6%), from €8,466 to €10,552
- Financial income +€1,601
new in 2024: €1,601
- Other operating charges +€1,489
up €1,489 (+8.5%), from €17,601 to €19,090
- Gross operating margin +€1,008
up €1,008 (+1.2%), from €87,069 to €88,077
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 | €887,810 | €922,017 | +€34,207 | +3.9% |
| Fixed assets | 21/28 | €232,059 | €202,905 | -€29,154 | -12.6% |
| Tangible fixed assets | 22/27 | €232,059 | €202,905 | -€29,154 | -12.6% |
| Land and buildings | 22 | €232,059 | €202,905 | -€29,154 | -12.6% |
| Current assets | 29/58 | €655,751 | €719,112 | +€63,361 | +9.7% |
| Amounts receivable within one year | 40/41 | €82,179 | €82,104 | -€75 | -0.1% |
| Other amounts receivable | 41 | €82,179 | €82,104 | -€75 | -0.1% |
| Cash at bank and in hand | 54/58 | €573,572 | €637,008 | +€63,436 | +11.1% |
| Total equity and liabilities | 10/49 | €887,810 | €922,017 | +€34,207 | +3.9% |
| Equity | 10/15 | €885,245 | €907,860 | +€22,615 | +2.6% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Capital | 10 | €600,000 | €600,000 | = | 0.0% |
| Issued capital | 100 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €285,245 | €307,860 | +€22,615 | +7.9% |
| Non-distributable reserves | 130/1 | €60,000 | €60,000 | = | 0.0% |
| Legal reserve | 130 | €60,000 | €60,000 | = | 0.0% |
| Distributable reserves | 133 | €225,245 | €247,860 | +€22,615 | +10.0% |
| Amounts payable | 17/49 | €2,565 | €14,157 | +€11,592 | +451.9% |
| Amounts payable within one year | 42/48 | €2,565 | €1,798 | -€767 | -29.9% |
| Taxes, remuneration and social security | 45 | €2,466 | €1,071 | -€1,395 | -56.6% |
| Taxes | 450/3 | €2,466 | €1,071 | -€1,395 | -56.6% |
| Other amounts payable | 47/48 | €99 | €727 | +€628 | +634.3% |
| Accrued charges and deferred income | 492/3 | - | €12,359 | +€12,359 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,647 | €37,247 | -€5,400 | -12.7% |
| Other operating charges | 640/8 | €17,601 | €19,090 | +€1,489 | +8.5% |
| Gross operating margin | 9900 | €87,069 | €88,077 | +€1,008 | +1.2% |
| Operating profit (loss) | 9901 | €26,821 | €31,740 | +€4,919 | +18.3% |
| Financial income | 75/76B | - | €1,601 | +€1,601 | |
| Recurring financial income | 75 | - | €1,601 | +€1,601 | |
| Financial charges | 65/66B | €158 | €174 | +€16 | +10.1% |
| Recurring financial charges | 65 | €158 | €174 | +€16 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €26,663 | €33,167 | +€6,504 | +24.4% |
| Income taxes | 67/77 | €8,466 | €10,552 | +€2,086 | +24.6% |
| Profit (loss) for the period | 9904 | €18,197 | €22,615 | +€4,418 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,197 | €22,615 | +€4,418 | +24.3% |
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 1 October 2026 via checked.be.