BIQS IT: 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.
BIQS IT
Largest movements
- Receivables within one year +€59,362
up €59,362 (+22.4%), from €264,694 to €324,056
of which Trade receivables: +€79,213
- Tangible fixed assets -€41,417
down €41,417 (-7.2%), from €575,358 to €533,941
of which Land and buildings: -€23,093
- Intangible fixed assets +€32,673
up €32,673 (+26.5%), from €123,180 to €155,852
- Stocks and contracts -€21,591
down €21,591 (-66.9%), from €32,250 to €10,660
- Cash -€11,933
down €11,933 (-27.2%), from €43,887 to €31,954
mainly Debts after one year (-€66,463) and Investment in fixed assets (net) (-€64,745)
- Debts after one year -€66,463
down €66,463 (-16.1%), from €412,166 to €345,703
- Reserves +€43,839
up €43,839 (+28.0%), from €156,580 to €200,419
- Current portion of long-term debt +€24,199
up €24,199 (+43.0%), from €56,287 to €80,486
- Trade debts +€18,059
up €18,059 (+8.4%), from €214,248 to €232,307
- Staff costs -€35,729
down €35,729 (-10.9%), from €328,215 to €292,485
- Gross operating margin +€29,498
up €29,498 (+6.0%), from €489,423 to €518,921
- Taxes +€22,560
up €22,560 (+121.2%), from €18,615 to €41,174
- Depreciation -€11,678
down €11,678 (-13.7%), from €85,167 to €73,489
- Financial charges +€6,957
up €6,957 (+22.3%), from €31,181 to €38,137
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 | €1,049,792 | €1,066,870 | +€17,078 | +1.6% |
| Fixed assets | 21/28 | €698,538 | €689,794 | -€8,744 | -1.3% |
| Intangible fixed assets | 21 | €123,180 | €155,852 | +€32,673 | +26.5% |
| Tangible fixed assets | 22/27 | €575,358 | €533,941 | -€41,417 | -7.2% |
| Land and buildings | 22 | €502,999 | €479,906 | -€23,093 | -4.6% |
| Plant, machinery and equipment | 23 | €14,305 | €11,338 | -€2,967 | -20.7% |
| Furniture and vehicles | 24 | €58,054 | €42,697 | -€15,357 | -26.5% |
| Current assets | 29/58 | €351,254 | €377,076 | +€25,822 | +7.4% |
| Stocks and contracts in progress | 3 | €32,250 | €10,660 | -€21,591 | -66.9% |
| Contracts in progress | 37 | €32,250 | €10,660 | -€21,591 | -66.9% |
| Amounts receivable within one year | 40/41 | €264,694 | €324,056 | +€59,362 | +22.4% |
| Trade receivables | 40 | €195,981 | €275,194 | +€79,213 | +40.4% |
| Other amounts receivable | 41 | €68,713 | €48,862 | -€19,851 | -28.9% |
| Cash at bank and in hand | 54/58 | €43,887 | €31,954 | -€11,933 | -27.2% |
| Deferred charges and accrued income | 490/1 | €10,424 | €10,407 | -€16 | -0.2% |
| Total equity and liabilities | 10/49 | €1,049,792 | €1,066,870 | +€17,078 | +1.6% |
| Equity | 10/15 | €162,780 | €206,619 | +€43,839 | +26.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €156,580 | €200,419 | +€43,839 | +28.0% |
| Distributable reserves | 133 | €156,580 | €200,419 | +€43,839 | +28.0% |
| Amounts payable | 17/49 | €887,012 | €860,252 | -€26,760 | -3.0% |
| Amounts payable after more than one year | 17 | €412,166 | €345,703 | -€66,463 | -16.1% |
| Financial debts | 170/4 | €412,166 | €345,703 | -€66,463 | -16.1% |
| Amounts payable within one year | 42/48 | €442,811 | €473,419 | +€30,607 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €56,287 | €80,486 | +€24,199 | +43.0% |
| Financial debts | 43 | €21,488 | €13,682 | -€7,806 | -36.3% |
| Credit institutions | 430/8 | €21,488 | €13,682 | -€7,806 | -36.3% |
| Trade debts | 44 | €214,248 | €232,307 | +€18,059 | +8.4% |
| Suppliers | 440/4 | €214,248 | €232,307 | +€18,059 | +8.4% |
| Taxes, remuneration and social security | 45 | €150,788 | €146,943 | -€3,845 | -2.5% |
| Taxes | 450/3 | €91,074 | €109,734 | +€18,660 | +20.5% |
| Remuneration and social security | 454/9 | €59,714 | €37,209 | -€22,505 | -37.7% |
| Accrued charges and deferred income | 492/3 | €32,034 | €41,130 | +€9,096 | +28.4% |
| Non-recurring operating income | 76A | €19,951 | €11,430 | -€8,521 | -42.7% |
| Remuneration, social security and pensions | 62 | €328,215 | €292,485 | -€35,729 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,167 | €73,489 | -€11,678 | -13.7% |
| Other operating charges | 640/8 | €4,478 | €5,063 | +€585 | +13.1% |
| Non-recurring operating charges | 66A | - | €9,800 | +€9,800 | |
| Gross operating margin | 9900 | €489,423 | €518,921 | +€29,498 | +6.0% |
| Operating profit (loss) | 9901 | €71,562 | €138,084 | +€66,522 | +93.0% |
| Financial income | 75/76B | €846 | €566 | -€280 | -33.1% |
| Recurring financial income | 75 | €846 | €566 | -€280 | -33.1% |
| Financial charges | 65/66B | €31,181 | €38,137 | +€6,957 | +22.3% |
| Recurring financial charges | 65 | €31,181 | €38,137 | +€6,957 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | €41,228 | €100,513 | +€59,285 | +143.8% |
| Income taxes | 67/77 | €18,615 | €41,174 | +€22,560 | +121.2% |
| Profit (loss) for the period | 9904 | €22,613 | €59,339 | +€36,725 | +162.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,613 | €59,339 | +€36,725 | +162.4% |
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 12 October 2026 via checked.be.