BIRDY: 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.
BIRDY
Largest movements
- Tangible fixed assets +€29,724
up €29,724 (+237.9%), from €12,494 to €42,218
- Cash +€21,827
up €21,827 (+221.7%), from €9,846 to €31,673
mainly Contributions, distributions and other (+€43,680) and Debts after one year (+€28,075)
- Receivables within one year -€1,683
down €1,683 (-3.7%), from €45,363 to €43,680
- Debts after one year +€28,075
up €28,075, from €0 to €28,075
- Tax, wage and social debts +€18,026
up €18,026 (+28.5%), from €63,180 to €81,207
of which Remuneration and social security: +€17,971
- Current portion of long-term debt +€2,300
up €2,300 (+31.6%), from €7,280 to €9,579
- Trade debts +€1,712
up €1,712 (+159.4%), from €1,074 to €2,786
- Staff costs +€33,687
up €33,687 (+10.1%), from €333,544 to €367,231
- Depreciation -€10,963
down €10,963 (-49.7%), from €22,040 to €11,077
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 | €72,534 | €122,647 | +€50,113 | +69.1% |
| Fixed assets | 21/28 | €12,994 | €42,718 | +€29,724 | +228.8% |
| Tangible fixed assets | 22/27 | €12,494 | €42,218 | +€29,724 | +237.9% |
| Furniture and vehicles | 24 | €12,494 | €42,218 | +€29,724 | +237.9% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €59,540 | €79,929 | +€20,389 | +34.2% |
| Amounts receivable within one year | 40/41 | €45,363 | €43,680 | -€1,683 | -3.7% |
| Trade receivables | 40 | €45,363 | €43,680 | -€1,683 | -3.7% |
| Cash at bank and in hand | 54/58 | €9,846 | €31,673 | +€21,827 | +221.7% |
| Deferred charges and accrued income | 490/1 | €4,331 | €4,577 | +€246 | +5.7% |
| Total equity and liabilities | 10/49 | €72,534 | €122,647 | +€50,113 | +69.1% |
| Equity | 10/15 | €1,000 | €1,000 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Amounts payable | 17/49 | €71,534 | €121,647 | +€50,113 | +70.1% |
| Amounts payable after more than one year | 17 | €0 | €28,075 | +€28,075 | |
| Financial debts | 170/4 | €0 | €28,075 | +€28,075 | |
| Amounts payable within one year | 42/48 | €71,534 | €93,572 | +€22,038 | +30.8% |
| Current portion of amounts payable after more than one year | 42 | €7,280 | €9,579 | +€2,300 | +31.6% |
| Trade debts | 44 | €1,074 | €2,786 | +€1,712 | +159.4% |
| Suppliers | 440/4 | €1,074 | €2,786 | +€1,712 | +159.4% |
| Taxes, remuneration and social security | 45 | €63,180 | €81,207 | +€18,026 | +28.5% |
| Taxes | 450/3 | €3,839 | €3,894 | +€55 | +1.4% |
| Remuneration and social security | 454/9 | €59,342 | €77,313 | +€17,971 | +30.3% |
| Remuneration, social security and pensions | 62 | €333,544 | €367,231 | +€33,687 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,040 | €11,077 | -€10,963 | -49.7% |
| Other operating charges | 640/8 | €954 | €997 | +€43 | +4.5% |
| Gross operating margin | 9900 | €338,962 | €336,527 | -€2,435 | -0.7% |
| Operating profit (loss) | 9901 | -€17,576 | -€42,778 | -€25,202 | -143.4% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €695 | €904 | +€209 | +30.1% |
| Recurring financial charges | 65 | €695 | €904 | +€209 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | -€18,271 | -€43,680 | -€25,409 | -139.1% |
| Profit (loss) for the period | 9904 | -€18,271 | -€43,680 | -€25,409 | -139.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,271 | -€43,680 | -€25,409 | -139.1% |
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 2 October 2026 via checked.be.