BIKIM: 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.
BIKIM
Largest movements
- Receivables within one year +€52,852
up €52,852 (+447%), from €11,823 to €64,676
of which Trade receivables: +€48,838
- Cash +€24,851
up €24,851 (+70.6%), from €35,188 to €60,039
mainly Trade debts (+€56,050) and Tax, wage and social debts (+€10,477)
- Tangible fixed assets -€5,761
down €5,761 (-59.1%), from €9,747 to €3,986
- Stocks and contracts -€3,895
down €3,895 (-59.8%), from €6,514 to €2,619
- Trade debts +€56,050
up €56,050 (+221%), from €25,358 to €81,408
- Tax, wage and social debts +€10,477
up €10,477 (+40.6%), from €25,808 to €36,285
of which Taxes: +€8,709
- Profit (loss) carried forward +€2,744
up €2,744 (+87.1%), from €3,149 to €5,893
- Current portion of long-term debt -€2,127
down €2,127 (-100%), from €2,127 to €0
- Gross operating margin -€24,471
down €24,471 (-18.7%), from €130,596 to €106,125
- Staff costs +€18,367
up €18,367 (+30.0%), from €61,224 to €79,591
- Taxes -€10,795
down €10,795 (-73.6%), from €14,661 to €3,866
- Depreciation -€4,413
down €4,413 (-52.8%), from €8,350 to €3,937
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.
Derived cash bridge
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 | €101,980 | €169,125 | +€67,144 | +65.8% |
| Formation expenses | 20 | €2,708 | €1,805 | -€903 | -33.3% |
| Fixed assets | 21/28 | €9,747 | €3,986 | -€5,761 | -59.1% |
| Tangible fixed assets | 22/27 | €9,747 | €3,986 | -€5,761 | -59.1% |
| Plant, machinery and equipment | 23 | €6,665 | €3,986 | -€2,679 | -40.2% |
| Furniture and vehicles | 24 | €355 | €0 | -€355 | -100% |
| Leasing and similar rights | 25 | €2,727 | €0 | -€2,727 | -100% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €89,525 | €163,334 | +€73,809 | +82.4% |
| Amounts receivable after more than one year | 29 | €36,000 | €36,000 | = | 0.0% |
| Other amounts receivable | 291 | €36,000 | €36,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €6,514 | €2,619 | -€3,895 | -59.8% |
| Stocks | 30/36 | €6,514 | €2,619 | -€3,895 | -59.8% |
| Amounts receivable within one year | 40/41 | €11,823 | €64,676 | +€52,852 | +447% |
| Trade receivables | 40 | €11,777 | €60,615 | +€48,838 | +415% |
| Other amounts receivable | 41 | €47 | €4,061 | +€4,014 | +8,628% |
| Cash at bank and in hand | 54/58 | €35,188 | €60,039 | +€24,851 | +70.6% |
| Deferred charges and accrued income | 490/1 | €0 | €0 | = | |
| Total equity and liabilities | 10/49 | €101,980 | €169,125 | +€67,144 | +65.8% |
| Equity | 10/15 | €45,349 | €48,093 | +€2,744 | +6.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €36,000 | €36,000 | = | 0.0% |
| Distributable reserves | 133 | €36,000 | €36,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,149 | €5,893 | +€2,744 | +87.1% |
| Amounts payable | 17/49 | €56,631 | €121,032 | +€64,400 | +114% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €56,631 | €121,032 | +€64,400 | +114% |
| Current portion of amounts payable after more than one year | 42 | €2,127 | €0 | -€2,127 | -100% |
| Trade debts | 44 | €25,358 | €81,408 | +€56,050 | +221% |
| Suppliers | 440/4 | €25,358 | €81,408 | +€56,050 | +221% |
| Taxes, remuneration and social security | 45 | €25,808 | €36,285 | +€10,477 | +40.6% |
| Taxes | 450/3 | €17,755 | €26,464 | +€8,709 | +49.1% |
| Remuneration and social security | 454/9 | €8,053 | €9,821 | +€1,768 | +22.0% |
| Other amounts payable | 47/48 | €3,339 | €3,339 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €61,224 | €79,591 | +€18,367 | +30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,350 | €3,937 | -€4,413 | -52.8% |
| Other operating charges | 640/8 | €13,503 | €13,299 | -€204 | -1.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €130,596 | €106,125 | -€24,471 | -18.7% |
| Operating profit (loss) | 9901 | €47,520 | €9,298 | -€38,222 | -80.4% |
| Financial income | 75/76B | €0 | €0 | = | |
| Recurring financial income | 75 | €0 | €0 | = | |
| Financial charges | 65/66B | €2,008 | €2,689 | +€680 | +33.9% |
| Recurring financial charges | 65 | €2,008 | €2,689 | +€680 | +33.9% |
| Profit (loss) for the period before taxes | 9903 | €45,512 | €6,610 | -€38,902 | -85.5% |
| Income taxes | 67/77 | €14,661 | €3,866 | -€10,795 | -73.6% |
| Profit (loss) for the period | 9904 | €30,851 | €2,744 | -€28,107 | -91.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,851 | €2,744 | -€28,107 | -91.1% |
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 19 October 2026 via checked.be.