BIRDBLUE: 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.
BIRDBLUE
Largest movements
- Tangible fixed assets -€81,189
down €81,189 (-2.6%), from €3.2m to €3.1m
of which Land and buildings: -€74,928
- Debts after one year -€105,870
down €105,870 (-12.3%), from €860,460 to €754,590
- Depreciation -€16,660
down €16,660 (-16.4%), from €101,766 to €85,106
- Financial charges -€15,067
down €15,067 (-27.7%), from €54,453 to €39,386
- Purchases and services +€6,996
up €6,996 (+78.7%), from €8,886 to €15,882
- Turnover +€4,800
up €4,800 (+3.3%), from €144,000 to €148,800
- Gross operating margin -€2,196
down €2,196 (-1.6%), from €135,114 to €132,918
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 | €3,238,694 | €3,164,784 | -€73,910 | -2.3% |
| Fixed assets | 21/28 | €3,183,863 | €3,102,674 | -€81,189 | -2.6% |
| Tangible fixed assets | 22/27 | €3,183,863 | €3,102,674 | -€81,189 | -2.6% |
| Land and buildings | 22 | €3,132,633 | €3,057,705 | -€74,928 | -2.4% |
| Plant, machinery and equipment | 23 | €51,230 | €44,969 | -€6,261 | -12.2% |
| Current assets | 29/58 | €54,831 | €62,110 | +€7,279 | +13.3% |
| Amounts receivable within one year | 40/41 | €2,548 | - | -€2,548 | |
| Trade receivables | 40 | €2,548 | - | -€2,548 | |
| Cash at bank and in hand | 54/58 | €51,206 | €61,004 | +€9,797 | +19.1% |
| Deferred charges and accrued income | 490/1 | €1,077 | €1,106 | +€30 | +2.7% |
| Total equity and liabilities | 10/49 | €3,238,694 | €3,164,784 | -€73,910 | -2.3% |
| Equity | 10/15 | €1,563,198 | €1,565,113 | +€1,915 | +0.1% |
| Contributions | 10/11 | €2,200,000 | €2,200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€636,802 | -€634,887 | +€1,915 | +0.3% |
| Amounts payable | 17/49 | €1,675,496 | €1,599,671 | -€75,825 | -4.5% |
| Amounts payable after more than one year | 17 | €860,460 | €754,590 | -€105,870 | -12.3% |
| Financial debts | 170/4 | €860,460 | €754,590 | -€105,870 | -12.3% |
| Amounts payable within one year | 42/48 | €775,794 | €807,061 | +€31,268 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €91,885 | €102,166 | +€10,281 | +11.2% |
| Trade debts | 44 | €4,141 | €182 | -€3,959 | -95.6% |
| Suppliers | 440/4 | €4,141 | €182 | -€3,959 | -95.6% |
| Other amounts payable | 47/48 | €679,768 | €704,713 | +€24,945 | +3.7% |
| Accrued charges and deferred income | 492/3 | €39,242 | €38,019 | -€1,223 | -3.1% |
| Turnover | 70 | €144,000 | €148,800 | +€4,800 | +3.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €8,886 | €15,882 | +€6,996 | +78.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,766 | €85,106 | -€16,660 | -16.4% |
| Other operating charges | 640/8 | €6,708 | €6,511 | -€197 | -2.9% |
| Gross operating margin | 9900 | €135,114 | €132,918 | -€2,196 | -1.6% |
| Operating profit (loss) | 9901 | €26,640 | €41,301 | +€14,661 | +55.0% |
| Financial charges | 65/66B | €54,453 | €39,386 | -€15,067 | -27.7% |
| Recurring financial charges | 65 | €54,453 | €39,386 | -€15,067 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | -€27,813 | €1,915 | +€29,728 | |
| Profit (loss) for the period | 9904 | -€27,813 | €1,915 | +€29,728 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,813 | €1,915 | +€29,728 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.