BIRDY BEHEER: 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.
BIRDY BEHEER
Largest movements
- Tangible fixed assets -€38,139
down €38,139 (-14.1%), from €270,648 to €232,509
of which Land and buildings: -€29,384
- Current investments +€28,282
up €28,282 (+7.0%), from €402,187 to €430,469
- Cash +€15,023
up €15,023 (+47.2%), from €31,852 to €46,874
mainly Net result for the year (+€39,606) and Depreciation (+€39,502)
- Receivables within one year +€9,438
up €9,438 (+62.3%), from €15,140 to €24,579
of which Trade receivables: +€10,019
- Reserves +€18,948
up €18,948 (+3.9%), from €482,551 to €501,500
- Taxes +€7,822
up €7,822 (+41.8%), from €18,714 to €26,536
- Financial charges +€4,403
up €4,403 (+39.0%), from €11,277 to €15,680
- Gross operating margin +€4,317
up €4,317 (+3.9%), from €109,435 to €113,752
- Financial income +€2,254
up €2,254 (+27.5%), from €8,207 to €10,462
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 | €724,384 | €739,180 | +€14,796 | +2.0% |
| Fixed assets | 21/28 | €270,648 | €232,509 | -€38,139 | -14.1% |
| Tangible fixed assets | 22/27 | €270,648 | €232,509 | -€38,139 | -14.1% |
| Land and buildings | 22 | €249,596 | €220,212 | -€29,384 | -11.8% |
| Plant, machinery and equipment | 23 | - | €1,363 | +€1,363 | |
| Furniture and vehicles | 24 | €21,052 | €10,934 | -€10,117 | -48.1% |
| Current assets | 29/58 | €453,736 | €506,671 | +€52,935 | +11.7% |
| Amounts receivable within one year | 40/41 | €15,140 | €24,579 | +€9,438 | +62.3% |
| Trade receivables | 40 | €14,560 | €24,579 | +€10,019 | +68.8% |
| Other amounts receivable | 41 | €580 | - | -€580 | |
| Current investments | 50/53 | €402,187 | €430,469 | +€28,282 | +7.0% |
| Cash at bank and in hand | 54/58 | €31,852 | €46,874 | +€15,023 | +47.2% |
| Deferred charges and accrued income | 490/1 | €4,557 | €4,749 | +€192 | +4.2% |
| Total equity and liabilities | 10/49 | €724,384 | €739,180 | +€14,796 | +2.0% |
| Equity | 10/15 | €494,951 | €513,900 | +€18,948 | +3.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €482,551 | €501,500 | +€18,948 | +3.9% |
| Distributable reserves | 133 | €482,551 | €501,500 | +€18,948 | +3.9% |
| Amounts payable | 17/49 | €229,433 | €225,281 | -€4,152 | -1.8% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €175,634 | €171,728 | -€3,906 | -2.2% |
| Trade debts | 44 | €18,397 | €17,392 | -€1,005 | -5.5% |
| Suppliers | 440/4 | €18,397 | €17,392 | -€1,005 | -5.5% |
| Taxes, remuneration and social security | 45 | €16,620 | €14,336 | -€2,284 | -13.7% |
| Taxes | 450/3 | €16,620 | €14,336 | -€2,284 | -13.7% |
| Other amounts payable | 47/48 | €140,617 | €140,000 | -€617 | -0.4% |
| Accrued charges and deferred income | 492/3 | €3,798 | €3,553 | -€246 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,722 | €39,502 | -€220 | -0.6% |
| Other operating charges | 640/8 | €3,046 | €2,890 | -€156 | -5.1% |
| Gross operating margin | 9900 | €109,435 | €113,752 | +€4,317 | +3.9% |
| Operating profit (loss) | 9901 | €66,668 | €71,360 | +€4,693 | +7.0% |
| Financial income | 75/76B | €8,207 | €10,462 | +€2,254 | +27.5% |
| Recurring financial income | 75 | €8,207 | €10,462 | +€2,254 | +27.5% |
| Financial charges | 65/66B | €11,277 | €15,680 | +€4,403 | +39.0% |
| Recurring financial charges | 65 | €11,277 | €15,680 | +€4,403 | +39.0% |
| Profit (loss) for the period before taxes | 9903 | €63,598 | €66,142 | +€2,544 | +4.0% |
| Income taxes | 67/77 | €18,714 | €26,536 | +€7,822 | +41.8% |
| Profit (loss) for the period | 9904 | €44,884 | €39,606 | -€5,278 | -11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,884 | €39,606 | -€5,278 | -11.8% |
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 22 October 2026 via checked.be.