BISELCO: 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.
BISELCO
Largest movements
- Cash +€16,674
up €16,674 (+2,271%), from €734 to €17,408
mainly Net result for the year (+€46,412) and Receivables after one year (+€11,409)
- Receivables after one year -€11,409
down €11,409 (-25.0%), from €45,634 to €34,226
- Tangible fixed assets +€4,186
up €4,186 (+205%), from €2,037 to €6,223
of which Plant, machinery and equipment: +€4,724
- Reserves +€46,412
up €46,412 (+73.2%), from €63,366 to €109,779
- Debts after one year -€22,219
down €22,219 (-14.7%), from €150,664 to €128,445
- Other debts -€17,671
down €17,671 (-15.8%), from €112,114 to €94,443
- Tax, wage and social debts +€7,193
up €7,193 (+412%), from €1,747 to €8,940
- Accrued charges and deferred income -€6,344
down €6,344 (-14.6%), from €43,322 to €36,978
- Gross operating margin +€35,765
up €35,765 (+281%), from €12,716 to €48,480
- Financial income +€20,001
up €20,001 (+25,001,013%), from €0 to €20,001
- Taxes +€7,954
new in 2024: €7,954
- Financial charges +€2,364
up €2,364 (+24.4%), from €9,696 to €12,060
- Other operating charges +€571
up €571 (+85.2%), from €670 to €1,241
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €399,163 | €412,253 | +€13,090 | +3.3% |
| Fixed assets | 21/28 | €352,037 | €356,223 | +€4,186 | +1.2% |
| Tangible fixed assets | 22/27 | €2,037 | €6,223 | +€4,186 | +205% |
| Plant, machinery and equipment | 23 | - | €4,724 | +€4,724 | |
| Furniture and vehicles | 24 | €2,037 | €1,499 | -€538 | -26.4% |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €47,126 | €56,030 | +€8,904 | +18.9% |
| Amounts receivable after more than one year | 29 | €45,634 | €34,226 | -€11,409 | -25.0% |
| Trade receivables | 290 | €45,634 | €34,226 | -€11,409 | -25.0% |
| Amounts receivable within one year | 40/41 | - | €3,861 | +€3,861 | |
| Trade receivables | 40 | - | €3,861 | +€3,861 | |
| Cash at bank and in hand | 54/58 | €734 | €17,408 | +€16,674 | +2,271% |
| Deferred charges and accrued income | 490/1 | €757 | €535 | -€222 | -29.3% |
| Total equity and liabilities | 10/49 | €399,163 | €412,253 | +€13,090 | +3.3% |
| Equity | 10/15 | €69,566 | €115,979 | +€46,412 | +66.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €63,366 | €109,779 | +€46,412 | +73.2% |
| Distributable reserves | 133 | €63,366 | €109,779 | +€46,412 | +73.2% |
| Amounts payable | 17/49 | €329,597 | €296,274 | -€33,322 | -10.1% |
| Amounts payable after more than one year | 17 | €150,664 | €128,445 | -€22,219 | -14.7% |
| Financial debts | 170/4 | €150,664 | €128,445 | -€22,219 | -14.7% |
| Amounts payable within one year | 42/48 | €135,611 | €130,852 | -€4,759 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €21,750 | €22,219 | +€469 | +2.2% |
| Trade debts | 44 | - | €5,250 | +€5,250 | |
| Suppliers | 440/4 | - | €5,250 | +€5,250 | |
| Taxes, remuneration and social security | 45 | €1,747 | €8,940 | +€7,193 | +412% |
| Taxes | 450/3 | €1,747 | €8,940 | +€7,193 | +412% |
| Other amounts payable | 47/48 | €112,114 | €94,443 | -€17,671 | -15.8% |
| Accrued charges and deferred income | 492/3 | €43,322 | €36,978 | -€6,344 | -14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €538 | €814 | +€276 | +51.3% |
| Other operating charges | 640/8 | €670 | €1,241 | +€571 | +85.2% |
| Gross operating margin | 9900 | €12,716 | €48,480 | +€35,765 | +281% |
| Operating profit (loss) | 9901 | €11,507 | €46,425 | +€34,918 | +303% |
| Financial income | 75/76B | €0 | €20,001 | +€20,001 | +25,001,013% |
| Recurring financial income | 75 | €0 | €20,001 | +€20,001 | +25,001,013% |
| Financial charges | 65/66B | €9,696 | €12,060 | +€2,364 | +24.4% |
| Recurring financial charges | 65 | €9,696 | €12,060 | +€2,364 | +24.4% |
| Profit (loss) for the period before taxes | 9903 | €1,811 | €54,366 | +€52,555 | +2,901% |
| Income taxes | 67/77 | - | €7,954 | +€7,954 | |
| Profit (loss) for the period | 9904 | €1,811 | €46,412 | +€44,601 | +2,462% |
| Profit (loss) for the period to be appropriated | 9905 | €1,811 | €46,412 | +€44,601 | +2,462% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.