BISELLE: 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.
BISELLE
Largest movements
- Receivables within one year +€5,572
up €5,572 (+16.4%), from €33,953 to €39,525
of which Trade receivables: +€9,538
- Cash -€3,815
down €3,815 (-2.4%), from €159,873 to €156,058
mainly Contributions, distributions and other (-€22,659) and Investment in fixed assets (net) (-€6,057)
- Tangible fixed assets +€3,795
up €3,795 (+55.4%), from €6,847 to €10,641
of which Other tangible fixed assets: +€2,777
- Other debts +€15,065
up €15,065 (+1,754%), from €859 to €15,924
- Reserves -€8,619
down €8,619 (-5.1%), from €170,339 to €161,719
- Trade debts +€3,219
up €3,219 (+118%), from €2,718 to €5,937
- Short-term financial debts -€2,154
down €2,154 (-34.4%), from €6,266 to €4,112
- Gross operating margin -€182,115
down €182,115 (-88.8%), from €204,970 to €22,855
- Taxes -€41,617
down €41,617 (-87.1%), from €47,792 to €6,175
- Financial income +€3,930
new in 2025: €3,930
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 | €206,447 | €214,099 | +€7,652 | +3.7% |
| Fixed assets | 21/28 | €8,797 | €12,591 | +€3,795 | +43.1% |
| Tangible fixed assets | 22/27 | €6,847 | €10,641 | +€3,795 | +55.4% |
| Furniture and vehicles | 24 | €6,847 | €7,864 | +€1,017 | +14.9% |
| Other tangible fixed assets | 26 | - | €2,777 | +€2,777 | |
| Financial fixed assets | 28 | €1,950 | €1,950 | = | 0.0% |
| Current assets | 29/58 | €197,650 | €201,508 | +€3,857 | +2.0% |
| Amounts receivable within one year | 40/41 | €33,953 | €39,525 | +€5,572 | +16.4% |
| Trade receivables | 40 | €13,709 | €23,247 | +€9,538 | +69.6% |
| Other amounts receivable | 41 | €20,244 | €16,278 | -€3,966 | -19.6% |
| Current investments | 50/53 | €1,770 | €1,770 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €159,873 | €156,058 | -€3,815 | -2.4% |
| Deferred charges and accrued income | 490/1 | €2,054 | €4,154 | +€2,100 | +102% |
| Total equity and liabilities | 10/49 | €206,447 | €214,099 | +€7,652 | +3.7% |
| Equity | 10/15 | €188,889 | €180,269 | -€8,619 | -4.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €170,339 | €161,719 | -€8,619 | -5.1% |
| Distributable reserves | 133 | €170,339 | €161,719 | -€8,619 | -5.1% |
| Amounts payable | 17/49 | €17,558 | €33,830 | +€16,271 | +92.7% |
| Amounts payable within one year | 42/48 | €17,558 | €33,830 | +€16,271 | +92.7% |
| Financial debts | 43 | €6,266 | €4,112 | -€2,154 | -34.4% |
| Credit institutions | 430/8 | €6,266 | €4,112 | -€2,154 | -34.4% |
| Trade debts | 44 | €2,718 | €5,937 | +€3,219 | +118% |
| Suppliers | 440/4 | €2,718 | €5,937 | +€3,219 | +118% |
| Taxes, remuneration and social security | 45 | €7,715 | €7,857 | +€141 | +1.8% |
| Taxes | 450/3 | €7,715 | €7,857 | +€141 | +1.8% |
| Other amounts payable | 47/48 | €859 | €15,924 | +€15,065 | +1,754% |
| Non-recurring operating income | 76A | €205,637 | - | -€205,637 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €743 | €2,263 | +€1,520 | +205% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €500 | - | -€500 | |
| Other operating charges | 640/8 | €3,780 | €1,788 | -€1,992 | -52.7% |
| Gross operating margin | 9900 | €204,970 | €22,855 | -€182,115 | -88.8% |
| Operating profit (loss) | 9901 | €199,947 | €18,804 | -€181,143 | -90.6% |
| Financial income | 75/76B | - | €3,930 | +€3,930 | |
| Recurring financial income | 75 | - | €3,930 | +€3,930 | |
| Financial charges | 65/66B | €2,784 | €2,519 | -€265 | -9.5% |
| Recurring financial charges | 65 | €2,784 | €2,519 | -€265 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €197,163 | €20,215 | -€176,948 | -89.7% |
| Income taxes | 67/77 | €47,792 | €6,175 | -€41,617 | -87.1% |
| Profit (loss) for the period | 9904 | €149,371 | €14,040 | -€135,331 | -90.6% |
| Profit (loss) for the period to be appropriated | 9905 | €149,371 | €14,040 | -€135,331 | -90.6% |
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.