Bipa Company: 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.
Bipa Company
Largest movements
- Cash +€205,938
up €205,938 (+814%), from €25,302 to €231,239
mainly Net result for the year (+€315,457) and Other debts (+€233,553)
- Receivables within one year +€125,000
up €125,000 (+826%), from €15,125 to €140,125
of which Other amounts receivable: +€125,000
- Tangible fixed assets +€38,312
up €38,312 (+66.0%), from €58,075 to €96,386
- Other debts +€233,553
up €233,553 (+4,760%), from €4,907 to €238,460
- Reserves +€80,162
up €80,162 (+139%), from €57,798 to €137,960
- Tax, wage and social debts +€60,556
up €60,556 (+227%), from €26,678 to €87,233
- Gross operating margin +€96,193
up €96,193 (+27.1%), from €355,268 to €451,461
- Taxes +€29,066
up €29,066 (+36.1%), from €80,434 to €109,500
- Depreciation +€5,400
up €5,400 (+27.2%), from €19,817 to €25,217
- Financial income -€4,729
down €4,729 (-91.9%), from €5,147 to €418
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 | €99,011 | €469,246 | +€370,236 | +374% |
| Fixed assets | 21/28 | €58,075 | €96,386 | +€38,312 | +66.0% |
| Tangible fixed assets | 22/27 | €58,075 | €96,386 | +€38,312 | +66.0% |
| Furniture and vehicles | 24 | €58,075 | €96,386 | +€38,312 | +66.0% |
| Current assets | 29/58 | €40,936 | €372,860 | +€331,924 | +811% |
| Amounts receivable within one year | 40/41 | €15,125 | €140,125 | +€125,000 | +826% |
| Trade receivables | 40 | €15,125 | €15,125 | = | 0.0% |
| Other amounts receivable | 41 | - | €125,000 | +€125,000 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €25,302 | €231,239 | +€205,938 | +814% |
| Deferred charges and accrued income | 490/1 | €509 | €1,496 | +€987 | +194% |
| Total equity and liabilities | 10/49 | €99,011 | €469,246 | +€370,236 | +374% |
| Equity | 10/15 | €62,798 | €142,960 | +€80,162 | +128% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €57,798 | €137,960 | +€80,162 | +139% |
| Distributable reserves | 133 | €57,798 | €137,960 | +€80,162 | +139% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €36,213 | €326,286 | +€290,073 | +801% |
| Amounts payable within one year | 42/48 | €35,691 | €325,908 | +€290,217 | +813% |
| Trade debts | 44 | €4,106 | €215 | -€3,891 | -94.8% |
| Suppliers | 440/4 | €4,106 | €215 | -€3,891 | -94.8% |
| Taxes, remuneration and social security | 45 | €26,678 | €87,233 | +€60,556 | +227% |
| Taxes | 450/3 | €26,678 | €87,233 | +€60,556 | +227% |
| Other amounts payable | 47/48 | €4,907 | €238,460 | +€233,553 | +4,760% |
| Accrued charges and deferred income | 492/3 | €522 | €378 | -€144 | -27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,817 | €25,217 | +€5,400 | +27.2% |
| Other operating charges | 640/8 | €1,674 | €1,318 | -€356 | -21.3% |
| Gross operating margin | 9900 | €355,268 | €451,461 | +€96,193 | +27.1% |
| Operating profit (loss) | 9901 | €333,777 | €424,926 | +€91,149 | +27.3% |
| Financial income | 75/76B | €5,147 | €418 | -€4,729 | -91.9% |
| Recurring financial income | 75 | €5,147 | €418 | -€4,729 | -91.9% |
| Financial charges | 65/66B | €692 | €387 | -€305 | -44.1% |
| Recurring financial charges | 65 | €692 | €387 | -€305 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €338,232 | €424,957 | +€86,725 | +25.6% |
| Income taxes | 67/77 | €80,434 | €109,500 | +€29,066 | +36.1% |
| Profit (loss) for the period | 9904 | €257,798 | €315,457 | +€57,659 | +22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €257,798 | €315,457 | +€57,659 | +22.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.