BIRÒ BELGIUM: 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.
BIRÒ BELGIUM
Largest movements
- Stocks and contracts -€20,785
down €20,785 (-74.4%), from €27,935 to €7,150
- Receivables within one year -€18,918
down €18,918 (-42.1%), from €44,891 to €25,973
of which Trade receivables: -€18,944
- Financial fixed assets -€6,200
down €6,200 (-87.2%), from €7,113 to €913
- Profit (loss) carried forward -€28,546
down €28,546 (-15.9%), from -€179,478 to -€208,023
- Trade debts -€28,380
down €28,380 (-55.0%), from €51,605 to €23,225
- Other debts +€14,879
up €14,879 (+3,851%), from €386 to €15,265
- Tax, wage and social debts -€5,566
down €5,566 (-31.9%), from €17,421 to €11,855
of which Remuneration and social security: -€5,670
- Staff costs -€62,274
down €62,274, from €54,693 to -€7,581
- Gross operating margin +€37,589
up €37,589 (+57.7%), from -€65,180 to -€27,591
- Other operating charges +€6,300
up €6,300 (+631%), from €998 to €7,298
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 | €89,935 | €42,323 | -€47,612 | -52.9% |
| Fixed assets | 21/28 | €14,370 | €7,322 | -€7,048 | -49.0% |
| Tangible fixed assets | 22/27 | €7,257 | €6,409 | -€848 | -11.7% |
| Other tangible fixed assets | 26 | €7,257 | €6,409 | -€848 | -11.7% |
| Financial fixed assets | 28 | €7,113 | €913 | -€6,200 | -87.2% |
| Current assets | 29/58 | €75,565 | €35,000 | -€40,565 | -53.7% |
| Stocks and contracts in progress | 3 | €27,935 | €7,150 | -€20,785 | -74.4% |
| Stocks | 30/36 | €27,935 | €7,150 | -€20,785 | -74.4% |
| Amounts receivable within one year | 40/41 | €44,891 | €25,973 | -€18,918 | -42.1% |
| Trade receivables | 40 | €44,891 | €25,948 | -€18,944 | -42.2% |
| Other amounts receivable | 41 | - | €25 | +€25 | |
| Cash at bank and in hand | 54/58 | €2,514 | €1,878 | -€636 | -25.3% |
| Deferred charges and accrued income | 490/1 | €225 | €0 | -€225 | -100% |
| Total equity and liabilities | 10/49 | €89,935 | €42,323 | -€47,612 | -52.9% |
| Equity | 10/15 | €20,522 | -€8,023 | -€28,546 | |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€179,478 | -€208,023 | -€28,546 | -15.9% |
| Amounts payable | 17/49 | €69,413 | €50,346 | -€19,067 | -27.5% |
| Amounts payable within one year | 42/48 | €69,413 | €50,346 | -€19,067 | -27.5% |
| Trade debts | 44 | €51,605 | €23,225 | -€28,380 | -55.0% |
| Suppliers | 440/4 | €51,605 | €23,225 | -€28,380 | -55.0% |
| Taxes, remuneration and social security | 45 | €17,421 | €11,855 | -€5,566 | -31.9% |
| Taxes | 450/3 | €2,425 | €2,529 | +€104 | +4.3% |
| Remuneration and social security | 454/9 | €14,996 | €9,326 | -€5,670 | -37.8% |
| Other amounts payable | 47/48 | €386 | €15,265 | +€14,879 | +3,851% |
| Remuneration, social security and pensions | 62 | €54,693 | -€7,581 | -€62,274 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €848 | €848 | = | 0.0% |
| Other operating charges | 640/8 | €998 | €7,298 | +€6,300 | +631% |
| Gross operating margin | 9900 | -€65,180 | -€27,591 | +€37,589 | +57.7% |
| Operating profit (loss) | 9901 | -€121,719 | -€28,156 | +€93,563 | +76.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €935 | €389 | -€546 | -58.4% |
| Recurring financial charges | 65 | €935 | €389 | -€546 | -58.4% |
| Profit (loss) for the period before taxes | 9903 | -€122,654 | -€28,546 | +€94,108 | +76.7% |
| Profit (loss) for the period | 9904 | -€122,654 | -€28,546 | +€94,108 | +76.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€122,654 | -€28,546 | +€94,108 | +76.7% |
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 17 October 2026 via checked.be.