BIJ ELS: 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.
BIJ ELS
Largest movements
- Tangible fixed assets -€17,690
down €17,690 (-47.2%), from €37,473 to €19,783
of which Furniture and vehicles: -€14,263
- Receivables within one year +€16,204
up €16,204 (+305.8%), from €5,299 to €21,502
of which Other amounts receivable: +€13,734
- Cash +€6,773
up €6,773 (+15.4%), from €43,932 to €50,705
mainly Depreciation (+€17,690) and Net result for the year (+€12,928)
- Stocks and contracts +€6,489
up €6,489 (+8.4%), from €77,254 to €83,743
- Reserves +€12,928
up €12,928 (+14.7%), from €87,675 to €100,603
of which Distributable reserves: +€12,928
- Debts after one year -€11,467
down €11,467 (-47.2%), from €24,318 to €12,852
- Trade debts +€10,470
up €10,470 (+42.5%), from €24,617 to €35,087
- Gross operating margin +€7,662
up €7,662 (+20.9%), from €36,631 to €44,293
- Taxes +€2,309
up €2,309 (+60.7%), from €3,807 to €6,116
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 | €165,180 | €176,489 | +€11,309 | +6.8% |
| Fixed assets | 21/28 | €37,473 | €19,783 | -€17,690 | -47.2% |
| Tangible fixed assets | 22/27 | €37,473 | €19,783 | -€17,690 | -47.2% |
| Plant, machinery and equipment | 23 | €7,925 | €4,498 | -€3,427 | -43.2% |
| Furniture and vehicles | 24 | €29,548 | €15,285 | -€14,263 | -48.3% |
| Current assets | 29/58 | €127,707 | €156,706 | +€28,999 | +22.7% |
| Stocks and contracts in progress | 3 | €77,254 | €83,743 | +€6,489 | +8.4% |
| Stocks | 30/36 | €77,254 | €83,743 | +€6,489 | +8.4% |
| Amounts receivable within one year | 40/41 | €5,299 | €21,502 | +€16,204 | +305.8% |
| Trade receivables | 40 | €3,330 | €5,799 | +€2,470 | +74.2% |
| Other amounts receivable | 41 | €1,969 | €15,703 | +€13,734 | +697.5% |
| Cash at bank and in hand | 54/58 | €43,932 | €50,705 | +€6,773 | +15.4% |
| Deferred charges and accrued income | 490/1 | €1,222 | €755 | -€466 | -38.2% |
| Total equity and liabilities | 10/49 | €165,180 | €176,489 | +€11,309 | +6.8% |
| Equity | 10/15 | €93,875 | €106,803 | +€12,928 | +13.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €87,675 | €100,603 | +€12,928 | +14.7% |
| Tax-exempt reserves | 132 | €227 | €227 | = | 0.0% |
| Distributable reserves | 133 | €87,448 | €100,376 | +€12,928 | +14.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €71,304 | €69,686 | -€1,618 | -2.3% |
| Amounts payable after more than one year | 17 | €24,318 | €12,852 | -€11,467 | -47.2% |
| Financial debts | 170/4 | €24,318 | €12,852 | -€11,467 | -47.2% |
| Amounts payable within one year | 42/48 | €46,986 | €56,835 | +€9,848 | +21.0% |
| Current portion of amounts payable after more than one year | 42 | €11,099 | €11,467 | +€368 | +3.3% |
| Trade debts | 44 | €24,617 | €35,087 | +€10,470 | +42.5% |
| Suppliers | 440/4 | €24,617 | €35,087 | +€10,470 | +42.5% |
| Taxes, remuneration and social security | 45 | €3,794 | €4,098 | +€304 | +8.0% |
| Taxes | 450/3 | €3,794 | €4,098 | +€304 | +8.0% |
| Other amounts payable | 47/48 | €7,476 | €6,182 | -€1,293 | -17.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,690 | €17,690 | = | 0.0% |
| Other operating charges | 640/8 | €874 | €1,243 | +€368 | +42.1% |
| Gross operating margin | 9900 | €36,631 | €44,293 | +€7,662 | +20.9% |
| Operating profit (loss) | 9901 | €18,067 | €25,361 | +€7,294 | +40.4% |
| Financial income | 75/76B | €318 | €356 | +€39 | +12.2% |
| Recurring financial income | 75 | €318 | €356 | +€39 | +12.2% |
| Financial charges | 65/66B | €6,817 | €6,673 | -€144 | -2.1% |
| Recurring financial charges | 65 | €6,817 | €6,673 | -€144 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €11,568 | €19,044 | +€7,476 | +64.6% |
| Income taxes | 67/77 | €3,807 | €6,116 | +€2,309 | +60.7% |
| Profit (loss) for the period | 9904 | €7,761 | €12,928 | +€5,167 | +66.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,761 | €12,928 | +€5,167 | +66.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.