BIPHO: 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.
BIPHO
Largest movements
- Financial fixed assets -€389,317
down €389,317 (-29.0%), from €1.3m to €953,575
- Other debts -€543,176
down €543,176 (-96.6%), from €562,379 to €19,203
- Profit (loss) carried forward +€139,661
up €139,661 (+63.8%), from €218,941 to €358,602
- Financial income +€3.2m
new in 2025: €3.2m
- Financial charges +€3.0m
up €3.0m (+29,071%), from €10,365 to €3.0m
of which Non-recurring financial charges: +€3.0m
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 | €1,404,871 | €994,756 | -€410,115 | -29.2% |
| Fixed assets | 21/28 | €1,342,892 | €953,575 | -€389,317 | -29.0% |
| Financial fixed assets | 28 | €1,342,892 | €953,575 | -€389,317 | -29.0% |
| Affiliated companies | 280/1 | €1,342,892 | €953,575 | -€389,317 | -29.0% |
| Participating interests | 280 | €1,342,892 | €953,575 | -€389,317 | -29.0% |
| Current assets | 29/58 | €61,979 | €41,181 | -€20,798 | -33.6% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €17,850 | €4,203 | -€13,647 | -76.5% |
| Trade receivables | 40 | €9,559 | €1,557 | -€8,001 | -83.7% |
| Other amounts receivable | 41 | €8,291 | €2,646 | -€5,646 | -68.1% |
| Cash at bank and in hand | 54/58 | €44,129 | €36,978 | -€7,151 | -16.2% |
| Total equity and liabilities | 10/49 | €1,404,871 | €994,756 | -€410,115 | -29.2% |
| Equity | 10/15 | €833,449 | €973,109 | +€139,661 | +16.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €595,907 | €595,907 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €594,047 | €594,047 | = | 0.0% |
| Profit (loss) carried forward | 14 | €218,941 | €358,602 | +€139,661 | +63.8% |
| Amounts payable | 17/49 | €571,422 | €21,647 | -€549,776 | -96.2% |
| Amounts payable within one year | 42/48 | €571,422 | €21,647 | -€549,776 | -96.2% |
| Trade debts | 44 | €9,043 | €2,444 | -€6,600 | -73.0% |
| Suppliers | 440/4 | €9,043 | €2,444 | -€6,600 | -73.0% |
| Other amounts payable | 47/48 | €562,379 | €19,203 | -€543,176 | -96.6% |
| Operating charges | 60/66A | €9,134 | €11,465 | +€2,331 | +25.5% |
| Services and other goods | 61 | €9,134 | €11,465 | +€2,331 | +25.5% |
| Other operating charges | 640/8 | €0 | - | = | |
| Operating profit (loss) | 9901 | -€9,134 | -€11,465 | -€2,331 | -25.5% |
| Financial income | 75/76B | - | €3,174,656 | +€3.2m | |
| Recurring financial income | 75 | - | €3,174,656 | +€3.2m | |
| Income from financial fixed assets | 750 | - | €3,150,000 | +€3.2m | |
| Other financial income | 752/9 | - | €24,656 | +€24,656 | |
| Financial charges | 65/66B | €10,365 | €3,023,530 | +€3.0m | +29,071% |
| Recurring financial charges | 65 | €10,365 | €7,243 | -€3,122 | -30.1% |
| Debt charges | 650 | €9,808 | €6,560 | -€3,248 | -33.1% |
| Other financial charges | 652/9 | €557 | €683 | +€126 | +22.7% |
| Non-recurring financial charges | 66B | - | €3,016,287 | +€3.0m | |
| Profit (loss) for the period before taxes | 9903 | -€19,498 | €139,661 | +€159,159 | |
| Profit (loss) for the period | 9904 | -€19,498 | €139,661 | +€159,159 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,498 | €139,661 | +€159,159 |
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 28 October 2026 via checked.be.