BIPOLO: 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.
BIPOLO
Largest movements
- Current investments -€298,326
down €298,326 (-80.0%), from €372,908 to €74,582
- Cash +€18,025
up €18,025 (+25.0%), from €72,034 to €90,059
mainly Current investments (+€298,326) and Net result for the year (+€99,731)
- Other debts -€373,111
down €373,111 (-99.5%), from €375,037 to €1,926
- Reserves +€99,731
up €99,731 (+46.2%), from €216,075 to €315,805
of which Distributable reserves: +€99,731
- Tax, wage and social debts -€20,967
down €20,967 (-59.5%), from €35,213 to €14,246
- Financial income +€45,756
up €45,756 (+534.8%), from €8,556 to €54,312
- Financial charges +€21,706
up €21,706, from -€20,233 to €1,473
- Taxes +€11,437
up €11,437 (+30.7%), from €37,221 to €48,658
- Gross operating margin -€2,422
down €2,422 (-2.2%), from €107,665 to €105,243
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 | €637,150 | €344,932 | -€292,217 | -45.9% |
| Fixed assets | 21/28 | €169,475 | €163,481 | -€5,994 | -3.5% |
| Tangible fixed assets | 22/27 | €169,475 | €163,481 | -€5,994 | -3.5% |
| Land and buildings | 22 | €162,956 | €157,351 | -€5,605 | -3.4% |
| Furniture and vehicles | 24 | €6,308 | €6,130 | -€178 | -2.8% |
| Other tangible fixed assets | 26 | €211 | €0 | -€211 | -100.0% |
| Current assets | 29/58 | €467,675 | €181,451 | -€286,224 | -61.2% |
| Amounts receivable within one year | 40/41 | €19,750 | €13,631 | -€6,119 | -31.0% |
| Trade receivables | 40 | €15,772 | €13,631 | -€2,140 | -13.6% |
| Other amounts receivable | 41 | €3,979 | €0 | -€3,979 | -100.0% |
| Current investments | 50/53 | €372,908 | €74,582 | -€298,326 | -80.0% |
| Cash at bank and in hand | 54/58 | €72,034 | €90,059 | +€18,025 | +25.0% |
| Deferred charges and accrued income | 490/1 | €2,983 | €3,179 | +€196 | +6.6% |
| Total equity and liabilities | 10/49 | €637,150 | €344,932 | -€292,217 | -45.9% |
| Equity | 10/15 | €222,280 | €322,011 | +€99,731 | +44.9% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €216,075 | €315,805 | +€99,731 | +46.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €216,075 | €315,805 | +€99,731 | +46.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €414,870 | €22,922 | -€391,948 | -94.5% |
| Amounts payable within one year | 42/48 | €414,120 | €21,885 | -€392,235 | -94.7% |
| Trade debts | 44 | €3,869 | €5,713 | +€1,844 | +47.7% |
| Suppliers | 440/4 | €3,869 | €5,713 | +€1,844 | +47.7% |
| Taxes, remuneration and social security | 45 | €35,213 | €14,246 | -€20,967 | -59.5% |
| Taxes | 450/3 | €35,213 | €14,246 | -€20,967 | -59.5% |
| Other amounts payable | 47/48 | €375,037 | €1,926 | -€373,111 | -99.5% |
| Accrued charges and deferred income | 492/3 | €750 | €1,037 | +€287 | +38.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,771 | €7,638 | -€133 | -1.7% |
| Other operating charges | 640/8 | €1,987 | €2,055 | +€69 | +3.5% |
| Gross operating margin | 9900 | €107,665 | €105,243 | -€2,422 | -2.2% |
| Operating profit (loss) | 9901 | €97,908 | €95,550 | -€2,358 | -2.4% |
| Financial income | 75/76B | €8,556 | €54,312 | +€45,756 | +534.8% |
| Recurring financial income | 75 | €8,556 | €54,312 | +€45,756 | +534.8% |
| Financial charges | 65/66B | -€20,233 | €1,473 | +€21,706 | |
| Recurring financial charges | 65 | -€20,233 | €1,473 | +€21,706 | |
| Profit (loss) for the period before taxes | 9903 | €126,697 | €148,388 | +€21,692 | +17.1% |
| Income taxes | 67/77 | €37,221 | €48,658 | +€11,437 | +30.7% |
| Profit (loss) for the period | 9904 | €89,476 | €99,731 | +€10,255 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €89,476 | €99,731 | +€10,255 | +11.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.