BIRD'S EYE: 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'S EYE
Largest movements
- Cash -€5,733
down €5,733 (-78.3%), from €7,322 to €1,589
mainly Tax, wage and social debts (-€2,032) and Other debts (-€1,183)
- Tangible fixed assets -€953
down €953 (-30.2%), from €3,161 to €2,208
- Receivables within one year +€941
up €941 (+16.9%), from €5,579 to €6,520
of which Trade receivables: +€1,140
- Tax, wage and social debts -€2,032
down €2,032 (-57.5%), from €3,535 to €1,503
- Other debts -€1,183
down €1,183 (-14.0%), from €8,462 to €7,280
- Profit (loss) carried forward -€1,128
down €1,128 (-6.2%), from -€18,195 to -€19,323
- Accrued charges and deferred income -€1,100
down €1,100 (-73.4%), from €1,500 to €400
- Trade debts -€275
down €275 (-16.0%), from €1,721 to €1,446
- Gross operating margin +€10,934
up €10,934, from -€10,117 to €817
- Depreciation -€1,429
down €1,429 (-60.0%), from €2,382 to €953
- Other operating charges -€119
down €119 (-19.0%), from €626 to €507
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 | €17,861 | €12,116 | -€5,745 | -32.2% |
| Fixed assets | 21/28 | €4,961 | €4,008 | -€953 | -19.2% |
| Tangible fixed assets | 22/27 | €3,161 | €2,208 | -€953 | -30.2% |
| Land and buildings | 22 | €2,546 | €2,139 | -€407 | -16.0% |
| Plant, machinery and equipment | 23 | €381 | - | -€381 | |
| Furniture and vehicles | 24 | €234 | €69 | -€165 | -70.6% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €12,900 | €8,109 | -€4,792 | -37.1% |
| Amounts receivable within one year | 40/41 | €5,579 | €6,520 | +€941 | +16.9% |
| Trade receivables | 40 | €5,346 | €6,486 | +€1,140 | +21.3% |
| Other amounts receivable | 41 | €233 | €34 | -€199 | -85.5% |
| Cash at bank and in hand | 54/58 | €7,322 | €1,589 | -€5,733 | -78.3% |
| Total equity and liabilities | 10/49 | €17,861 | €12,116 | -€5,745 | -32.2% |
| Equity | 10/15 | €2,265 | €1,137 | -€1,128 | -49.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,195 | -€19,323 | -€1,128 | -6.2% |
| Amounts payable | 17/49 | €15,596 | €10,979 | -€4,617 | -29.6% |
| Amounts payable within one year | 42/48 | €14,096 | €10,580 | -€3,516 | -24.9% |
| Financial debts | 43 | €177 | €151 | -€27 | -14.9% |
| Credit institutions | 430/8 | €177 | €151 | -€27 | -14.9% |
| Trade debts | 44 | €1,721 | €1,446 | -€275 | -16.0% |
| Suppliers | 440/4 | €1,721 | €1,446 | -€275 | -16.0% |
| Advances received on contracts in progress | 46 | €200 | €200 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,535 | €1,503 | -€2,032 | -57.5% |
| Taxes | 450/3 | €3,535 | €1,503 | -€2,032 | -57.5% |
| Other amounts payable | 47/48 | €8,462 | €7,280 | -€1,183 | -14.0% |
| Accrued charges and deferred income | 492/3 | €1,500 | €400 | -€1,100 | -73.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,382 | €953 | -€1,429 | -60.0% |
| Other operating charges | 640/8 | €626 | €507 | -€119 | -19.0% |
| Gross operating margin | 9900 | -€10,117 | €817 | +€10,934 | |
| Operating profit (loss) | 9901 | -€13,125 | -€643 | +€12,482 | +95.1% |
| Financial income | 75/76B | €8 | €0 | -€7 | -97.7% |
| Recurring financial income | 75 | €8 | €0 | -€7 | -97.7% |
| Financial charges | 65/66B | €278 | €344 | +€66 | +23.6% |
| Recurring financial charges | 65 | €278 | €344 | +€66 | +23.6% |
| Profit (loss) for the period before taxes | 9903 | -€13,396 | -€987 | +€12,409 | +92.6% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€13,535 | -€1,128 | +€12,407 | +91.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,535 | -€1,128 | +€12,407 | +91.7% |
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 29 October 2026 via checked.be.