BIKO: 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.
BIKO
Largest movements
- Tangible fixed assets -€52,865
down €52,865 (-3.1%), from €1.7m to €1.6m
- Receivables within one year +€35,352
up €35,352 (+111.8%), from €31,626 to €66,978
of which Trade receivables: +€27,749
- Other debts +€91,373
up €91,373 (+8.7%), from €1.1m to €1.1m
- Debts after one year -€79,586
down €79,586 (-11.1%), from €718,899 to €639,313
- Current portion of long-term debt -€48,041
down €48,041 (-35.4%), from €135,610 to €87,570
- Gross operating margin +€22,239
up €22,239 (+26.1%), from €85,351 to €107,590
- Other operating charges +€4,020
up €4,020 (+30.9%), from €13,025 to €17,045
- Financial charges -€2,430
down €2,430 (-5.7%), from €42,720 to €40,290
- Depreciation +€1,645
up €1,645 (+3.2%), from €51,220 to €52,865
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 | €2,626,693 | €2,602,658 | -€24,034 | -0.9% |
| Fixed assets | 21/28 | €2,588,535 | €2,535,670 | -€52,865 | -2.0% |
| Tangible fixed assets | 22/27 | €1,688,535 | €1,635,670 | -€52,865 | -3.1% |
| Land and buildings | 22 | €1,688,535 | €1,635,670 | -€52,865 | -3.1% |
| Financial fixed assets | 28 | €900,000 | €900,000 | = | 0.0% |
| Current assets | 29/58 | €38,158 | €66,988 | +€28,830 | +75.6% |
| Amounts receivable within one year | 40/41 | €31,626 | €66,978 | +€35,352 | +111.8% |
| Trade receivables | 40 | €19,049 | €46,798 | +€27,749 | +145.7% |
| Other amounts receivable | 41 | €12,577 | €20,180 | +€7,603 | +60.5% |
| Cash at bank and in hand | 54/58 | €6,522 | - | -€6,522 | |
| Deferred charges and accrued income | 490/1 | €10 | €10 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,626,693 | €2,602,658 | -€24,034 | -0.9% |
| Equity | 10/15 | €277,839 | €275,438 | -€2,401 | -0.9% |
| Contributions | 10/11 | €6,350 | €6,350 | = | 0.0% |
| Revaluation surpluses | 12 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €1,176 | €1,176 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,176 | €1,176 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,176 | €1,176 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,313 | €67,912 | -€2,401 | -3.4% |
| Amounts payable | 17/49 | €2,348,854 | €2,327,220 | -€21,634 | -0.9% |
| Amounts payable after more than one year | 17 | €718,899 | €639,313 | -€79,586 | -11.1% |
| Financial debts | 170/4 | €718,899 | €639,313 | -€79,586 | -11.1% |
| Amounts payable within one year | 42/48 | €1,629,955 | €1,687,907 | +€57,952 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €135,610 | €87,570 | -€48,041 | -35.4% |
| Financial debts | 43 | €420,000 | €422,045 | +€2,045 | +0.5% |
| Credit institutions | 430/8 | €420,000 | €422,045 | +€2,045 | +0.5% |
| Trade debts | 44 | €23,260 | €35,834 | +€12,574 | +54.1% |
| Suppliers | 440/4 | €23,260 | €35,834 | +€12,574 | +54.1% |
| Other amounts payable | 47/48 | €1,051,085 | €1,142,458 | +€91,373 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,220 | €52,865 | +€1,645 | +3.2% |
| Other operating charges | 640/8 | €13,025 | €17,045 | +€4,020 | +30.9% |
| Gross operating margin | 9900 | €85,351 | €107,590 | +€22,239 | +26.1% |
| Operating profit (loss) | 9901 | €21,106 | €37,680 | +€16,574 | +78.5% |
| Financial income | 75/76B | - | €209 | +€209 | |
| Recurring financial income | 75 | - | €209 | +€209 | |
| Financial charges | 65/66B | €42,720 | €40,290 | -€2,430 | -5.7% |
| Recurring financial charges | 65 | €42,720 | €40,290 | -€2,430 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | -€21,614 | -€2,401 | +€19,213 | +88.9% |
| Profit (loss) for the period | 9904 | -€21,614 | -€2,401 | +€19,213 | +88.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,614 | -€2,401 | +€19,213 | +88.9% |
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 29 September 2026 via checked.be.