Bilderstein: 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.
Bilderstein
Largest movements
- Tangible fixed assets -€234
down €234 (-100.0%), from €234 to €0
of which Plant, machinery and equipment: -€173
- Profit (loss) carried forward -€3,242
down €3,242 (-0.3%), from -€1.1m to -€1.1m
- Other debts +€3,100
up €3,100 (+0.3%), from €1.1m to €1.1m
- Other operating charges +€1,952
up €1,952 (+351.6%), from €555 to €2,508
- Write-downs -€1,000
down €1,000 (-100.0%), from €1,000 to €0
- Financial charges +€169
up €169 (+62.2%), from €271 to €440
- Depreciation -€154
down €154 (-39.7%), from €389 to €234
- Gross operating margin +€115
up €115 (+65.8%), from -€174 to -€60
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 | €12,563 | €12,421 | -€142 | -1.1% |
| Fixed assets | 21/28 | €235 | €1 | -€234 | -99.6% |
| Tangible fixed assets | 22/27 | €234 | €0 | -€234 | -100.0% |
| Plant, machinery and equipment | 23 | €173 | €0 | -€173 | -100.0% |
| Furniture and vehicles | 24 | €61 | €0 | -€61 | -100.0% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €12,327 | €12,420 | +€93 | +0.8% |
| Amounts receivable within one year | 40/41 | €12,293 | €12,293 | = | 0.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €12,293 | €12,293 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €34 | €127 | +€93 | +269.8% |
| Total equity and liabilities | 10/49 | €12,563 | €12,421 | -€142 | -1.1% |
| Equity | 10/15 | -€1,052,525 | -€1,055,767 | -€3,242 | -0.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,055,525 | -€1,058,767 | -€3,242 | -0.3% |
| Amounts payable | 17/49 | €1,065,087 | €1,068,187 | +€3,100 | +0.3% |
| Amounts payable within one year | 42/48 | €1,065,087 | €1,068,187 | +€3,100 | +0.3% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,065,087 | €1,068,187 | +€3,100 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €389 | €234 | -€154 | -39.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,000 | €0 | -€1,000 | -100.0% |
| Other operating charges | 640/8 | €555 | €2,508 | +€1,952 | +351.6% |
| Gross operating margin | 9900 | -€174 | -€60 | +€115 | +65.8% |
| Operating profit (loss) | 9901 | -€2,118 | -€2,802 | -€683 | -32.3% |
| Financial charges | 65/66B | €271 | €440 | +€169 | +62.2% |
| Recurring financial charges | 65 | €271 | €440 | +€169 | +62.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,390 | -€3,242 | -€852 | -35.7% |
| Profit (loss) for the period | 9904 | -€2,390 | -€3,242 | -€852 | -35.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,390 | -€3,242 | -€852 | -35.7% |
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 10 October 2026 via checked.be.