BIRD CREATIONS: 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 CREATIONS
Largest movements
- Cash -€18,625
down €18,625 (-18.7%), from €99,414 to €80,789
mainly Net result for the year (-€29,711) and Contributions, distributions and other (-€20,000)
- Receivables within one year -€5,301
down €5,301 (-91.8%), from €5,775 to €474
- Tangible fixed assets -€3,191
down €3,191 (-47.9%), from €6,665 to €3,473
of which Furniture and vehicles: -€3,096
- Reserves -€49,711
down €49,711 (-49.2%), from €100,964 to €51,253
- Other debts +€21,945
new in 2025: €21,945
- Tax, wage and social debts +€1,800
new in 2025: €1,800
- Trade debts -€1,133
down €1,133 (-63.7%), from €1,778 to €645
- Gross operating margin +€730
up €730 (+2.7%), from -€26,996 to -€26,265
- Other operating charges -€483
down €483 (-41.8%), from €1,157 to €674
- Financial income -€465
down €465 (-39.5%), from €1,179 to €713
- Depreciation -€331
down €331 (-9.4%), from €3,522 to €3,191
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 | €112,742 | €85,644 | -€27,099 | -24.0% |
| Fixed assets | 21/28 | €6,665 | €3,473 | -€3,191 | -47.9% |
| Tangible fixed assets | 22/27 | €6,665 | €3,473 | -€3,191 | -47.9% |
| Plant, machinery and equipment | 23 | €95 | - | -€95 | |
| Furniture and vehicles | 24 | €6,569 | €3,473 | -€3,096 | -47.1% |
| Current assets | 29/58 | €106,078 | €82,170 | -€23,908 | -22.5% |
| Amounts receivable within one year | 40/41 | €5,775 | €474 | -€5,301 | -91.8% |
| Other amounts receivable | 41 | €5,775 | €474 | -€5,301 | -91.8% |
| Cash at bank and in hand | 54/58 | €99,414 | €80,789 | -€18,625 | -18.7% |
| Deferred charges and accrued income | 490/1 | €889 | €907 | +€19 | +2.1% |
| Total equity and liabilities | 10/49 | €112,742 | €85,644 | -€27,099 | -24.0% |
| Equity | 10/15 | €110,964 | €61,253 | -€49,711 | -44.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €100,964 | €51,253 | -€49,711 | -49.2% |
| Distributable reserves | 133 | €100,964 | €51,253 | -€49,711 | -49.2% |
| Amounts payable | 17/49 | €1,778 | €24,391 | +€22,612 | +1,271% |
| Amounts payable within one year | 42/48 | €1,778 | €24,391 | +€22,612 | +1,271% |
| Trade debts | 44 | €1,778 | €645 | -€1,133 | -63.7% |
| Suppliers | 440/4 | €1,778 | €645 | -€1,133 | -63.7% |
| Taxes, remuneration and social security | 45 | - | €1,800 | +€1,800 | |
| Remuneration and social security | 454/9 | - | €1,800 | +€1,800 | |
| Other amounts payable | 47/48 | - | €21,945 | +€21,945 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,522 | €3,191 | -€331 | -9.4% |
| Other operating charges | 640/8 | €1,157 | €674 | -€483 | -41.8% |
| Gross operating margin | 9900 | -€26,996 | -€26,265 | +€730 | +2.7% |
| Operating profit (loss) | 9901 | -€31,675 | -€30,130 | +€1,545 | +4.9% |
| Financial income | 75/76B | €1,179 | €713 | -€465 | -39.5% |
| Recurring financial income | 75 | €1,179 | €713 | -€465 | -39.5% |
| Financial charges | 65/66B | €92 | €91 | -€2 | -1.8% |
| Recurring financial charges | 65 | €92 | €91 | -€2 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | -€30,588 | -€29,507 | +€1,081 | +3.5% |
| Income taxes | 67/77 | €190 | €204 | +€13 | +7.1% |
| Profit (loss) for the period | 9904 | -€30,778 | -€29,711 | +€1,067 | +3.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,778 | -€29,711 | +€1,067 | +3.5% |
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 18 October 2026 via checked.be.