BIRD: 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.
BIRD
Largest movements
- Tangible fixed assets -€27,397
down €27,397 (-54.8%), from €49,975 to €22,577
of which Other tangible fixed assets: -€26,370
- Cash +€8,655
up €8,655 (+698.3%), from €1,239 to €9,894
mainly Depreciation (+€31,369) and Net result for the year (+€20,112)
- Current portion of long-term debt -€11,787
down €11,787 (-51.7%), from €22,784 to €10,998
- Other debts -€10,816
down €10,816 (-92.4%), from €11,700 to €884
- Debts after one year -€10,406
down €10,406 (-20.9%), from €49,725 to €39,318
- Reserves +€7,584
up €7,584 (+20.8%), from €36,494 to €44,077
of which Distributable reserves: +€10,112
- Tax, wage and social debts +€5,623
up €5,623 (+42.2%), from €13,328 to €18,951
of which Taxes: +€4,082
- Gross operating margin +€19,172
up €19,172 (+30.3%), from €63,214 to €82,386
- Staff costs +€12,798
up €12,798 (+110.6%), from €11,569 to €24,367
- Depreciation -€2,780
down €2,780 (-8.1%), from €34,149 to €31,369
- Taxes +€1,816
up €1,816 (+62.1%), from €2,923 to €4,739
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 | €187,218 | €168,208 | -€19,010 | -10.2% |
| Fixed assets | 21/28 | €50,975 | €23,577 | -€27,397 | -53.7% |
| Tangible fixed assets | 22/27 | €49,975 | €22,577 | -€27,397 | -54.8% |
| Plant, machinery and equipment | 23 | €662 | €246 | -€416 | -62.8% |
| Furniture and vehicles | 24 | €1,649 | €1,038 | -€611 | -37.1% |
| Other tangible fixed assets | 26 | €47,663 | €21,293 | -€26,370 | -55.3% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €136,243 | €144,631 | +€8,387 | +6.2% |
| Amounts receivable after more than one year | 29 | €113,000 | €114,000 | +€1,000 | +0.9% |
| Other amounts receivable | 291 | €113,000 | €114,000 | +€1,000 | +0.9% |
| Stocks and contracts in progress | 3 | €1,229 | €1,229 | = | 0.0% |
| Stocks | 30/36 | €1,229 | €1,229 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,775 | €19,508 | -€1,267 | -6.1% |
| Trade receivables | 40 | €20,775 | €19,508 | -€1,267 | -6.1% |
| Cash at bank and in hand | 54/58 | €1,239 | €9,894 | +€8,655 | +698.3% |
| Total equity and liabilities | 10/49 | €187,218 | €168,208 | -€19,010 | -10.2% |
| Equity | 10/15 | €82,601 | €92,714 | +€10,112 | +12.2% |
| Contributions | 10/11 | €25,285 | €25,285 | = | 0.0% |
| Reserves | 13 | €36,494 | €44,077 | +€7,584 | +20.8% |
| Non-distributable reserves | 130/1 | €2,529 | - | -€2,529 | |
| Other | 1319 | €2,529 | - | -€2,529 | |
| Distributable reserves | 133 | €33,965 | €44,077 | +€10,112 | +29.8% |
| Profit (loss) carried forward | 14 | €20,823 | €23,351 | +€2,529 | +12.1% |
| Amounts payable | 17/49 | €104,617 | €75,494 | -€29,122 | -27.8% |
| Amounts payable after more than one year | 17 | €49,725 | €39,318 | -€10,406 | -20.9% |
| Financial debts | 170/4 | €49,725 | €39,318 | -€10,406 | -20.9% |
| Amounts payable within one year | 42/48 | €54,892 | €36,176 | -€18,716 | -34.1% |
| Current portion of amounts payable after more than one year | 42 | €22,784 | €10,998 | -€11,787 | -51.7% |
| Trade debts | 44 | €7,080 | €5,344 | -€1,736 | -24.5% |
| Suppliers | 440/4 | €7,080 | €5,344 | -€1,736 | -24.5% |
| Taxes, remuneration and social security | 45 | €13,328 | €18,951 | +€5,623 | +42.2% |
| Taxes | 450/3 | €11,757 | €15,839 | +€4,082 | +34.7% |
| Remuneration and social security | 454/9 | €1,571 | €3,112 | +€1,541 | +98.1% |
| Other amounts payable | 47/48 | €11,700 | €884 | -€10,816 | -92.4% |
| Remuneration, social security and pensions | 62 | €11,569 | €24,367 | +€12,798 | +110.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,149 | €31,369 | -€2,780 | -8.1% |
| Other operating charges | 640/8 | €1,893 | €1,956 | +€63 | +3.3% |
| Gross operating margin | 9900 | €63,214 | €82,386 | +€19,172 | +30.3% |
| Operating profit (loss) | 9901 | €15,604 | €24,694 | +€9,089 | +58.2% |
| Financial income | 75/76B | €2,260 | €2,260 | = | 0.0% |
| Recurring financial income | 75 | €2,260 | €2,260 | = | 0.0% |
| Financial charges | 65/66B | €1,983 | €2,103 | +€119 | +6.0% |
| Recurring financial charges | 65 | €1,983 | €2,103 | +€119 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €15,881 | €24,851 | +€8,970 | +56.5% |
| Income taxes | 67/77 | €2,923 | €4,739 | +€1,816 | +62.1% |
| Profit (loss) for the period | 9904 | €12,958 | €20,112 | +€7,154 | +55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,958 | €20,112 | +€7,154 | +55.2% |
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.