BIRKIN: 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.
BIRKIN
Largest movements
- Cash +€9,371
up €9,371 (+44.3%), from €21,136 to €30,507
mainly Net result for the year (+€13,651) and Depreciation (+€6,318)
- Intangible fixed assets -€4,938
down €4,938 (-66.7%), from €7,406 to €2,469
- Tangible fixed assets +€4,839
up €4,839 (+365.1%), from €1,325 to €6,165
- Receivables within one year -€3,188
down €3,188 (-10.6%), from €30,173 to €26,985
of which Trade receivables: -€6,932
- Profit (loss) carried forward +€13,651
up €13,651 (+75.6%), from €18,061 to €31,711
- Tax, wage and social debts -€5,663
down €5,663 (-26.9%), from €21,024 to €15,361
of which Remuneration and social security: -€9,945
- Trade debts -€2,995
down €2,995 (-67.9%), from €4,410 to €1,415
- Gross operating margin +€11,870
up €11,870 (+7.6%), from €155,440 to €167,309
- Other operating charges +€5,766
up €5,766 (+55.9%), from €10,313 to €16,079
- Taxes +€4,429
up €4,429 (+304.2%), from €1,456 to €5,885
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 | €66,595 | €72,858 | +€6,263 | +9.4% |
| Fixed assets | 21/28 | €8,732 | €8,634 | -€98 | -1.1% |
| Intangible fixed assets | 21 | €7,406 | €2,469 | -€4,938 | -66.7% |
| Tangible fixed assets | 22/27 | €1,325 | €6,165 | +€4,839 | +365.1% |
| Furniture and vehicles | 24 | €1,325 | €6,165 | +€4,839 | +365.1% |
| Current assets | 29/58 | €57,863 | €64,224 | +€6,361 | +11.0% |
| Stocks and contracts in progress | 3 | €6,555 | €6,733 | +€178 | +2.7% |
| Stocks | 30/36 | €6,555 | €6,733 | +€178 | +2.7% |
| Amounts receivable within one year | 40/41 | €30,173 | €26,985 | -€3,188 | -10.6% |
| Trade receivables | 40 | €11,194 | €4,262 | -€6,932 | -61.9% |
| Other amounts receivable | 41 | €18,978 | €22,723 | +€3,744 | +19.7% |
| Cash at bank and in hand | 54/58 | €21,136 | €30,507 | +€9,371 | +44.3% |
| Total equity and liabilities | 10/49 | €66,595 | €72,858 | +€6,263 | +9.4% |
| Equity | 10/15 | €36,661 | €50,311 | +€13,651 | +37.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,061 | €31,711 | +€13,651 | +75.6% |
| Amounts payable | 17/49 | €29,934 | €22,546 | -€7,388 | -24.7% |
| Amounts payable within one year | 42/48 | €29,934 | €22,546 | -€7,388 | -24.7% |
| Financial debts | 43 | - | €697 | +€697 | |
| Other loans | 439 | - | €697 | +€697 | |
| Trade debts | 44 | €4,410 | €1,415 | -€2,995 | -67.9% |
| Suppliers | 440/4 | €4,410 | €1,415 | -€2,995 | -67.9% |
| Advances received on contracts in progress | 46 | €4,500 | €5,074 | +€574 | +12.7% |
| Taxes, remuneration and social security | 45 | €21,024 | €15,361 | -€5,663 | -26.9% |
| Taxes | 450/3 | €9,477 | €13,759 | +€4,282 | +45.2% |
| Remuneration and social security | 454/9 | €11,547 | €1,602 | -€9,945 | -86.1% |
| Remuneration, social security and pensions | 62 | €123,379 | €122,618 | -€761 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,201 | €6,318 | +€117 | +1.9% |
| Other operating charges | 640/8 | €10,313 | €16,079 | +€5,766 | +55.9% |
| Gross operating margin | 9900 | €155,440 | €167,309 | +€11,870 | +7.6% |
| Operating profit (loss) | 9901 | €15,547 | €22,294 | +€6,747 | +43.4% |
| Financial income | 75/76B | €1,252 | €1,160 | -€91 | -7.3% |
| Recurring financial income | 75 | €1,252 | €1,160 | -€91 | -7.3% |
| Financial charges | 65/66B | €3,395 | €3,919 | +€524 | +15.4% |
| Recurring financial charges | 65 | €3,395 | €3,919 | +€524 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €13,404 | €19,536 | +€6,132 | +45.7% |
| Income taxes | 67/77 | €1,456 | €5,885 | +€4,429 | +304.2% |
| Profit (loss) for the period | 9904 | €11,948 | €13,651 | +€1,703 | +14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,948 | €13,651 | +€1,703 | +14.3% |
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 12 October 2026 via checked.be.