BIRDS: 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.
BIRDS
Largest movements
- Receivables within one year +€9,614
up €9,614 (+19.5%), from €49,223 to €58,837
of which Other amounts receivable: +€10,052
- Cash -€8,805
down €8,805 (-27.8%), from €31,623 to €22,819
mainly Contributions, distributions and other (-€129,764) and Receivables within one year (-€9,614)
- Tangible fixed assets +€4,348
new in 2025: €4,348
- Tax, wage and social debts +€11,216
up €11,216 (+46.2%), from €24,292 to €35,508
of which Taxes: +€7,472
- Other debts -€5,475
down €5,475 (-4.0%), from €135,239 to €129,764
- Gross operating margin +€9,745
up €9,745 (+6.3%), from €154,216 to €163,960
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 | €182,446 | €187,603 | +€5,157 | +2.8% |
| Fixed assets | 21/28 | €1,600 | €5,948 | +€4,348 | +271.7% |
| Tangible fixed assets | 22/27 | - | €4,348 | +€4,348 | |
| Furniture and vehicles | 24 | - | €4,348 | +€4,348 | |
| Financial fixed assets | 28 | €1,600 | €1,600 | = | 0.0% |
| Current assets | 29/58 | €180,846 | €181,655 | +€809 | +0.4% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €49,223 | €58,837 | +€9,614 | +19.5% |
| Trade receivables | 40 | €49,223 | €48,785 | -€438 | -0.9% |
| Other amounts receivable | 41 | - | €10,052 | +€10,052 | |
| Cash at bank and in hand | 54/58 | €31,623 | €22,819 | -€8,805 | -27.8% |
| Total equity and liabilities | 10/49 | €182,446 | €187,603 | +€5,157 | +2.8% |
| Equity | 10/15 | €20,460 | €20,479 | +€19 | +0.1% |
| 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 | - | €19 | +€19 | |
| Amounts payable | 17/49 | €161,986 | €167,124 | +€5,138 | +3.2% |
| Amounts payable within one year | 42/48 | €161,986 | €167,124 | +€5,138 | +3.2% |
| Trade debts | 44 | €2,455 | €1,852 | -€603 | -24.6% |
| Suppliers | 440/4 | €2,455 | €1,852 | -€603 | -24.6% |
| Taxes, remuneration and social security | 45 | €24,292 | €35,508 | +€11,216 | +46.2% |
| Taxes | 450/3 | €24,292 | €31,765 | +€7,472 | +30.8% |
| Remuneration and social security | 454/9 | - | €3,744 | +€3,744 | |
| Other amounts payable | 47/48 | €135,239 | €129,764 | -€5,475 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €505 | +€505 | |
| Gross operating margin | 9900 | €154,216 | €163,960 | +€9,745 | +6.3% |
| Operating profit (loss) | 9901 | €154,216 | €163,455 | +€9,240 | +6.0% |
| Financial income | 75/76B | €2,830 | €3,102 | +€272 | +9.6% |
| Recurring financial income | 75 | €2,830 | €3,102 | +€272 | +9.6% |
| Financial charges | 65/66B | €39 | €40 | +€1 | +3.5% |
| Recurring financial charges | 65 | €39 | €40 | +€1 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €157,007 | €166,517 | +€9,511 | +6.1% |
| Income taxes | 67/77 | €35,957 | €36,734 | +€777 | +2.2% |
| Profit (loss) for the period | 9904 | €121,049 | €129,783 | +€8,734 | +7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €121,049 | €129,783 | +€8,734 | +7.2% |
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 5 October 2026 via checked.be.