BIRX: 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.
BIRX
Largest movements
- Cash +€220,566
up €220,566 (+83.4%), from €264,380 to €484,946
mainly Net result for the year (+€528,968) and Other debts (+€116,423)
- Current investments -€115,838
down €115,838 (-6.5%), from €1.8m to €1.7m
- Receivables after one year -€100,000
down €100,000 (-71.4%), from €140,000 to €40,000
- Receivables within one year +€77,147
up €77,147, from €0 to €77,147
of which Other amounts receivable: +€77,147
- Other debts +€116,423
up €116,423 (+24.5%), from €474,649 to €591,072
- Reserves -€62,104
down €62,104 (-4.4%), from €1.4m to €1.4m
- Financial income +€41,186
up €41,186 (+102.6%), from €40,159 to €81,345
- Financial charges +€37,190
up €37,190, from -€24,595 to €12,594
- Taxes +€22,591
up €22,591 (+10.6%), from €212,414 to €235,005
- Gross operating margin +€16,492
up €16,492 (+2.4%), from €681,622 to €698,114
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 | €2,199,509 | €2,269,478 | +€69,969 | +3.2% |
| Fixed assets | 21/28 | €3,386 | €1,974 | -€1,413 | -41.7% |
| Tangible fixed assets | 22/27 | €3,386 | €1,974 | -€1,413 | -41.7% |
| Furniture and vehicles | 24 | €3,386 | €1,974 | -€1,413 | -41.7% |
| Current assets | 29/58 | €2,196,123 | €2,267,505 | +€71,382 | +3.3% |
| Amounts receivable after more than one year | 29 | €140,000 | €40,000 | -€100,000 | -71.4% |
| Other amounts receivable | 291 | €140,000 | €40,000 | -€100,000 | -71.4% |
| Amounts receivable within one year | 40/41 | €0 | €77,147 | +€77,147 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €77,147 | +€77,147 | |
| Current investments | 50/53 | €1,776,594 | €1,660,756 | -€115,838 | -6.5% |
| Cash at bank and in hand | 54/58 | €264,380 | €484,946 | +€220,566 | +83.4% |
| Deferred charges and accrued income | 490/1 | €15,150 | €4,657 | -€10,493 | -69.3% |
| Total equity and liabilities | 10/49 | €2,199,509 | €2,269,478 | +€69,969 | +3.2% |
| Equity | 10/15 | €1,480,936 | €1,418,833 | -€62,104 | -4.2% |
| Contributions | 10/11 | €68,200 | €68,200 | = | 0.0% |
| Reserves | 13 | €1,412,736 | €1,350,633 | -€62,104 | -4.4% |
| Distributable reserves | 133 | €1,412,736 | €1,350,633 | -€62,104 | -4.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €718,573 | €850,646 | +€132,073 | +18.4% |
| Amounts payable within one year | 42/48 | €715,484 | €849,961 | +€134,477 | +18.8% |
| Financial debts | 43 | €40,002 | €40,000 | -€2 | 0.0% |
| Credit institutions | 430/8 | €2 | €0 | -€2 | -100.0% |
| Other loans | 439 | €40,000 | €40,000 | = | 0.0% |
| Trade debts | 44 | €1,728 | €1,721 | -€8 | -0.4% |
| Suppliers | 440/4 | €1,728 | €1,721 | -€8 | -0.4% |
| Advances received on contracts in progress | 46 | €164,000 | €164,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €35,106 | €53,169 | +€18,063 | +51.5% |
| Taxes | 450/3 | €35,106 | €53,169 | +€18,063 | +51.5% |
| Other amounts payable | 47/48 | €474,649 | €591,072 | +€116,423 | +24.5% |
| Accrued charges and deferred income | 492/3 | €3,088 | €685 | -€2,404 | -77.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,413 | €1,413 | +€0 | 0.0% |
| Other operating charges | 640/8 | €3,284 | €1,480 | -€1,804 | -54.9% |
| Gross operating margin | 9900 | €681,622 | €698,114 | +€16,492 | +2.4% |
| Operating profit (loss) | 9901 | €676,926 | €695,222 | +€18,296 | +2.7% |
| Financial income | 75/76B | €40,159 | €81,345 | +€41,186 | +102.6% |
| Recurring financial income | 75 | €40,159 | €81,345 | +€41,186 | +102.6% |
| Financial charges | 65/66B | -€24,595 | €12,594 | +€37,190 | |
| Recurring financial charges | 65 | -€24,595 | €12,594 | +€37,190 | |
| Profit (loss) for the period before taxes | 9903 | €741,680 | €763,973 | +€22,292 | +3.0% |
| Income taxes | 67/77 | €212,414 | €235,005 | +€22,591 | +10.6% |
| Profit (loss) for the period | 9904 | €529,267 | €528,968 | -€299 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €529,267 | €528,968 | -€299 | -0.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.