BIRD&CO: 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.
BIRD&CO
Largest movements
- Current investments +€57,000
new in 2025: €57,000
- Cash -€5,284
down €5,284 (-17.4%), from €30,429 to €25,145
mainly Current investments (-€57,000) and Investment in fixed assets (net) (-€6,000)
- Deferred charges and accrued income +€3,906
new in 2025: €3,906
- Tangible fixed assets -€3,651
down €3,651 (-19.5%), from €18,680 to €15,029
of which Plant, machinery and equipment: -€4,512
- Stocks and contracts -€2,794
no longer reported in 2025 (was €2,794)
- Reserves +€39,390
up €39,390 (+277%), from €14,240 to €53,630
of which Distributable reserves: +€39,390
- Tax, wage and social debts +€6,240
up €6,240 (+79.8%), from €7,820 to €14,059
of which Taxes: +€7,740
- Other debts +€1,709
up €1,709 (+5.0%), from €34,496 to €36,204
- Gross operating margin +€45,548
up €45,548 (+178%), from €25,597 to €71,145
- Taxes +€18,794
up €18,794 (+686%), from €2,740 to €21,534
- Depreciation +€1,400
up €1,400 (+17.0%), from €8,251 to €9,651
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 | €59,456 | €107,141 | +€47,685 | +80.2% |
| Fixed assets | 21/28 | €18,680 | €15,029 | -€3,651 | -19.5% |
| Tangible fixed assets | 22/27 | €18,680 | €15,029 | -€3,651 | -19.5% |
| Land and buildings | 22 | €3,172 | €7,634 | +€4,462 | +141% |
| Plant, machinery and equipment | 23 | €5,723 | €1,211 | -€4,512 | -78.8% |
| Furniture and vehicles | 24 | €9,784 | €6,184 | -€3,600 | -36.8% |
| Current assets | 29/58 | €40,776 | €92,111 | +€51,336 | +126% |
| Stocks and contracts in progress | 3 | €2,794 | - | -€2,794 | |
| Stocks | 30/36 | €2,794 | - | -€2,794 | |
| Amounts receivable within one year | 40/41 | €7,553 | €6,060 | -€1,493 | -19.8% |
| Trade receivables | 40 | €7,553 | €6,050 | -€1,503 | -19.9% |
| Other amounts receivable | 41 | - | €10 | +€10 | |
| Current investments | 50/53 | - | €57,000 | +€57,000 | |
| Cash at bank and in hand | 54/58 | €30,429 | €25,145 | -€5,284 | -17.4% |
| Deferred charges and accrued income | 490/1 | - | €3,906 | +€3,906 | |
| Total equity and liabilities | 10/49 | €59,456 | €107,141 | +€47,685 | +80.2% |
| Equity | 10/15 | €15,749 | €55,143 | +€39,394 | +250% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Contributions outside capital | 11 | €18,550 | €18,550 | = | 0.0% |
| Other | 1109/19 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €14,240 | €53,630 | +€39,390 | +277% |
| Non-distributable reserves | 130/1 | €240 | €240 | = | 0.0% |
| Legal reserve | 130 | €240 | €240 | = | 0.0% |
| Distributable reserves | 133 | €14,000 | €53,390 | +€39,390 | +281% |
| Profit (loss) carried forward | 14 | -€17,041 | -€17,037 | +€4 | 0.0% |
| Amounts payable | 17/49 | €43,707 | €51,998 | +€8,291 | +19.0% |
| Amounts payable within one year | 42/48 | €43,707 | €51,998 | +€8,291 | +19.0% |
| Trade debts | 44 | €1,391 | €1,734 | +€343 | +24.6% |
| Suppliers | 440/4 | €1,391 | €1,734 | +€343 | +24.6% |
| Taxes, remuneration and social security | 45 | €7,820 | €14,059 | +€6,240 | +79.8% |
| Taxes | 450/3 | €6,320 | €14,059 | +€7,740 | +122% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €34,496 | €36,204 | +€1,709 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,251 | €9,651 | +€1,400 | +17.0% |
| Other operating charges | 640/8 | €445 | €230 | -€216 | -48.4% |
| Gross operating margin | 9900 | €25,597 | €71,145 | +€45,548 | +178% |
| Operating profit (loss) | 9901 | €16,901 | €61,265 | +€44,364 | +262% |
| Financial income | 75/76B | €0 | €6 | +€6 | +59,000% |
| Recurring financial income | 75 | €0 | €6 | +€6 | +59,000% |
| Financial charges | 65/66B | €117 | €343 | +€226 | +192% |
| Recurring financial charges | 65 | €117 | €343 | +€226 | +192% |
| Profit (loss) for the period before taxes | 9903 | €16,784 | €60,927 | +€44,144 | +263% |
| Income taxes | 67/77 | €2,740 | €21,534 | +€18,794 | +686% |
| Profit (loss) for the period | 9904 | €14,044 | €39,394 | +€25,350 | +181% |
| Profit (loss) for the period to be appropriated | 9905 | €14,044 | €39,394 | +€25,350 | +181% |
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 21 October 2026 via checked.be.