BIRKE: 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.
BIRKE
Largest movements
- Tangible fixed assets +€149,476
up €149,476 (+30.6%), from €488,674 to €638,150
of which Land and buildings: +€150,587
- Receivables within one year +€50,821
up €50,821 (+248.3%), from €20,469 to €71,290
of which Trade receivables: +€52,200
- Cash -€8,233
down €8,233 (-88.2%), from €9,329 to €1,096
mainly Investment in fixed assets (net) (-€177,774) and Receivables within one year (-€50,821)
- Debts after one year +€188,442
up €188,442 (+35.5%), from €531,472 to €719,914
of which Other amounts payable: +€206,000
- Other debts +€16,501
up €16,501 (+413.9%), from €3,986 to €20,487
- Tax, wage and social debts -€12,779
down €12,779 (-65.5%), from €19,511 to €6,732
- Depreciation -€5,761
down €5,761 (-16.8%), from €34,310 to €28,549
- Gross operating margin +€2,530
up €2,530 (+7.9%), from €31,976 to €34,506
- Other operating charges +€378
up €378 (+7.2%), from €5,283 to €5,661
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 | €519,830 | €711,922 | +€192,092 | +37.0% |
| Fixed assets | 21/28 | €489,935 | €639,161 | +€149,226 | +30.5% |
| Tangible fixed assets | 22/27 | €488,674 | €638,150 | +€149,476 | +30.6% |
| Land and buildings | 22 | €484,962 | €635,549 | +€150,587 | +31.1% |
| Furniture and vehicles | 24 | €3,712 | €2,601 | -€1,111 | -29.9% |
| Financial fixed assets | 28 | €1,261 | €1,011 | -€250 | -19.8% |
| Current assets | 29/58 | €29,895 | €72,762 | +€42,867 | +143.4% |
| Amounts receivable within one year | 40/41 | €20,469 | €71,290 | +€50,821 | +248.3% |
| Trade receivables | 40 | €19,090 | €71,290 | +€52,200 | +273.4% |
| Other amounts receivable | 41 | €1,379 | - | -€1,379 | |
| Cash at bank and in hand | 54/58 | €9,329 | €1,096 | -€8,233 | -88.2% |
| Deferred charges and accrued income | 490/1 | €97 | €375 | +€278 | +287.8% |
| Total equity and liabilities | 10/49 | €519,830 | €711,922 | +€192,092 | +37.0% |
| Equity | 10/15 | -€52,592 | -€57,329 | -€4,737 | -9.0% |
| Contributions | 10/11 | €2,700 | €2,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,292 | -€60,029 | -€4,737 | -8.6% |
| Amounts payable | 17/49 | €572,422 | €769,252 | +€196,830 | +34.4% |
| Amounts payable after more than one year | 17 | €531,472 | €719,914 | +€188,442 | +35.5% |
| Financial debts | 170/4 | €283,799 | €266,241 | -€17,558 | -6.2% |
| Other amounts payable | 178/9 | €247,673 | €453,673 | +€206,000 | +83.2% |
| Amounts payable within one year | 42/48 | €40,950 | €49,338 | +€8,388 | +20.5% |
| Current portion of amounts payable after more than one year | 42 | €17,268 | €17,558 | +€291 | +1.7% |
| Trade debts | 44 | €185 | €4,561 | +€4,376 | +2367.0% |
| Suppliers | 440/4 | €185 | €4,561 | +€4,376 | +2367.0% |
| Taxes, remuneration and social security | 45 | €19,511 | €6,732 | -€12,779 | -65.5% |
| Taxes | 450/3 | €19,511 | €6,732 | -€12,779 | -65.5% |
| Other amounts payable | 47/48 | €3,986 | €20,487 | +€16,501 | +413.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,310 | €28,549 | -€5,761 | -16.8% |
| Other operating charges | 640/8 | €5,283 | €5,661 | +€378 | +7.2% |
| Gross operating margin | 9900 | €31,976 | €34,506 | +€2,530 | +7.9% |
| Operating profit (loss) | 9901 | -€7,617 | €296 | +€7,913 | |
| Financial charges | 65/66B | €5,358 | €5,034 | -€324 | -6.1% |
| Recurring financial charges | 65 | €5,358 | €5,034 | -€324 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,975 | -€4,737 | +€8,238 | +63.5% |
| Profit (loss) for the period | 9904 | -€12,975 | -€4,737 | +€8,238 | +63.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,975 | -€4,737 | +€8,238 | +63.5% |
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 8 October 2026 via checked.be.