Bippa: 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.
Bippa
Largest movements
- Cash -€20,961
down €20,961 (-44.1%), from €47,555 to €26,595
mainly Contributions, distributions and other (-€77,449) and Investment in fixed assets (net) (-€4,095)
- Receivables within one year -€7,788
down €7,788 (-31.5%), from €24,725 to €16,937
of which Other amounts receivable: -€8,127
- Tangible fixed assets +€3,841
up €3,841 (+2,588%), from €148 to €3,990
- Deferred charges and accrued income -€2,524
down €2,524 (-88.3%), from €2,858 to €334
- Reserves -€48,642
down €48,642 (-100%), from €48,642 to €0
- Other debts +€22,448
up €22,448 (+177%), from €12,716 to €35,164
- Short-term financial debts -€2,568
down €2,568 (-100%), from €2,568 to €0
- Tax, wage and social debts +€1,591
up €1,591 (+70.9%), from €2,244 to €3,835
- Financial income +€19,531
up €19,531 (+682,910%), from €3 to €19,534
of which Non-recurring financial income: +€19,332
- Taxes +€3,496
up €3,496 (+71.6%), from €4,885 to €8,381
- Gross operating margin -€2,183
down €2,183 (-10.2%), from €21,349 to €19,166
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 | €75,287 | €47,855 | -€27,432 | -36.4% |
| Fixed assets | 21/28 | €148 | €3,990 | +€3,841 | +2,588% |
| Tangible fixed assets | 22/27 | €148 | €3,990 | +€3,841 | +2,588% |
| Furniture and vehicles | 24 | €148 | €3,990 | +€3,841 | +2,588% |
| Current assets | 29/58 | €75,138 | €43,865 | -€31,273 | -41.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €24,725 | €16,937 | -€7,788 | -31.5% |
| Trade receivables | 40 | €10,333 | €10,672 | +€339 | +3.3% |
| Other amounts receivable | 41 | €14,392 | €6,265 | -€8,127 | -56.5% |
| Cash at bank and in hand | 54/58 | €47,555 | €26,595 | -€20,961 | -44.1% |
| Deferred charges and accrued income | 490/1 | €2,858 | €334 | -€2,524 | -88.3% |
| Total equity and liabilities | 10/49 | €75,287 | €47,855 | -€27,432 | -36.4% |
| Equity | 10/15 | €56,142 | €7,500 | -€48,642 | -86.6% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €48,642 | €0 | -€48,642 | -100% |
| Distributable reserves | 133 | €48,642 | €0 | -€48,642 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €19,145 | €40,355 | +€21,210 | +111% |
| Amounts payable within one year | 42/48 | €19,145 | €40,355 | +€21,210 | +111% |
| Financial debts | 43 | €2,568 | €0 | -€2,568 | -100% |
| Credit institutions | 430/8 | €2,568 | €0 | -€2,568 | -100% |
| Trade debts | 44 | €1,617 | €1,355 | -€261 | -16.2% |
| Suppliers | 440/4 | €1,617 | €1,355 | -€261 | -16.2% |
| Taxes, remuneration and social security | 45 | €2,244 | €3,835 | +€1,591 | +70.9% |
| Taxes | 450/3 | €2,244 | €3,835 | +€1,591 | +70.9% |
| Other amounts payable | 47/48 | €12,716 | €35,164 | +€22,448 | +177% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €181 | €254 | +€73 | +40.1% |
| Other operating charges | 640/8 | €1,046 | €1,135 | +€89 | +8.5% |
| Gross operating margin | 9900 | €21,349 | €19,166 | -€2,183 | -10.2% |
| Operating profit (loss) | 9901 | €20,122 | €17,777 | -€2,345 | -11.7% |
| Financial income | 75/76B | €3 | €19,534 | +€19,531 | +682,910% |
| Recurring financial income | 75 | €3 | €202 | +€199 | +6,962% |
| Non-recurring financial income | 76B | - | €19,332 | +€19,332 | |
| Financial charges | 65/66B | €280 | €123 | -€157 | -56.1% |
| Recurring financial charges | 65 | €280 | €123 | -€157 | -56.1% |
| Profit (loss) for the period before taxes | 9903 | €19,845 | €37,189 | +€17,343 | +87.4% |
| Income taxes | 67/77 | €4,885 | €8,381 | +€3,496 | +71.6% |
| Profit (loss) for the period | 9904 | €14,960 | €28,807 | +€13,847 | +92.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,960 | €28,807 | +€13,847 | +92.6% |
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 17 October 2026 via checked.be.