BILTEREYST: 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.
BILTEREYST
Largest movements
- Tangible fixed assets -€5,971
down €5,971 (-5.8%), from €103,223 to €97,252
- Cash +€2,517
up €2,517 (+356.8%), from €705 to €3,222
mainly Current portion of long-term debt (+€13,631) and Depreciation (+€5,971)
- Receivables within one year -€1,443
down €1,443 (-44.7%), from €3,227 to €1,783
of which Trade receivables: -€2,594
- Profit (loss) carried forward -€18,462
down €18,462 (-58.3%), from €31,667 to €13,205
- Current portion of long-term debt +€13,631
up €13,631 (+41.9%), from €32,494 to €46,124
- Gross operating margin -€7,980
down €7,980 (-517.9%), from -€1,541 to -€9,520
- Depreciation -€1,488
down €1,488 (-19.9%), from €7,460 to €5,971
- Other operating charges +€100
up €100 (+3.6%), from €2,774 to €2,874
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 | €108,780 | €103,883 | -€4,898 | -4.5% |
| Fixed assets | 21/28 | €104,848 | €98,877 | -€5,971 | -5.7% |
| Tangible fixed assets | 22/27 | €103,223 | €97,252 | -€5,971 | -5.8% |
| Land and buildings | 22 | €103,223 | €97,252 | -€5,971 | -5.8% |
| Financial fixed assets | 28 | €1,625 | €1,625 | = | 0.0% |
| Current assets | 29/58 | €3,932 | €5,006 | +€1,073 | +27.3% |
| Amounts receivable within one year | 40/41 | €3,227 | €1,783 | -€1,443 | -44.7% |
| Trade receivables | 40 | €2,836 | €242 | -€2,594 | -91.5% |
| Other amounts receivable | 41 | €391 | €1,541 | +€1,151 | +294.7% |
| Cash at bank and in hand | 54/58 | €705 | €3,222 | +€2,517 | +356.8% |
| Total equity and liabilities | 10/49 | €108,780 | €103,883 | -€4,898 | -4.5% |
| Equity | 10/15 | €75,667 | €57,205 | -€18,462 | -24.4% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,667 | €13,205 | -€18,462 | -58.3% |
| Amounts payable | 17/49 | €33,113 | €46,678 | +€13,564 | +41.0% |
| Amounts payable within one year | 42/48 | €33,113 | €46,678 | +€13,564 | +41.0% |
| Current portion of amounts payable after more than one year | 42 | €32,494 | €46,124 | +€13,631 | +41.9% |
| Trade debts | 44 | €620 | - | -€620 | |
| Suppliers | 440/4 | €620 | - | -€620 | |
| Taxes, remuneration and social security | 45 | - | €553 | +€553 | |
| Taxes | 450/3 | - | €553 | +€553 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,460 | €5,971 | -€1,488 | -19.9% |
| Other operating charges | 640/8 | €2,774 | €2,874 | +€100 | +3.6% |
| Gross operating margin | 9900 | -€1,541 | -€9,520 | -€7,980 | -517.9% |
| Operating profit (loss) | 9901 | -€11,775 | -€18,366 | -€6,591 | -56.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €95 | €97 | +€1 | +1.4% |
| Recurring financial charges | 65 | €95 | €97 | +€1 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,870 | -€18,462 | -€6,592 | -55.5% |
| Profit (loss) for the period | 9904 | -€11,870 | -€18,462 | -€6,592 | -55.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,870 | -€18,462 | -€6,592 | -55.5% |
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.