BISETTI: 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.
BISETTI
Largest movements
- Tangible fixed assets -€7,273
down €7,273 (-5.7%), from €127,693 to €120,420
- Debts after one year -€9,174
down €9,174 (-13.4%), from €68,217 to €59,043
- Profit (loss) carried forward +€4,191
up €4,191 (+4.1%), from -€102,435 to -€98,244
- Other debts -€1,960
down €1,960 (-1.4%), from €136,100 to €134,140
- Gross operating margin +€1,280
up €1,280 (+8.5%), from €15,096 to €16,377
- Financial charges -€314
down €314 (-8.7%), from €3,604 to €3,290
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 | €129,274 | €122,761 | -€6,513 | -5.0% |
| Fixed assets | 21/28 | €127,693 | €120,420 | -€7,273 | -5.7% |
| Tangible fixed assets | 22/27 | €127,693 | €120,420 | -€7,273 | -5.7% |
| Land and buildings | 22 | €127,693 | €120,420 | -€7,273 | -5.7% |
| Current assets | 29/58 | €1,581 | €2,341 | +€760 | +48.0% |
| Stocks and contracts in progress | 3 | €429 | €429 | = | 0.0% |
| Stocks | 30/36 | €429 | €429 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €889 | €1,122 | +€233 | +26.2% |
| Trade receivables | 40 | €841 | €1,069 | +€228 | +27.0% |
| Other amounts receivable | 41 | €47 | €53 | +€6 | +11.7% |
| Cash at bank and in hand | 54/58 | €264 | €791 | +€527 | +199.4% |
| Total equity and liabilities | 10/49 | €129,274 | €122,761 | -€6,513 | -5.0% |
| Equity | 10/15 | -€83,835 | -€79,644 | +€4,191 | +5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,435 | -€98,244 | +€4,191 | +4.1% |
| Amounts payable | 17/49 | €213,109 | €202,405 | -€10,704 | -5.0% |
| Amounts payable after more than one year | 17 | €68,217 | €59,043 | -€9,174 | -13.4% |
| Financial debts | 170/4 | €68,217 | €59,043 | -€9,174 | -13.4% |
| Amounts payable within one year | 42/48 | €144,892 | €143,362 | -€1,530 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €8,793 | €9,174 | +€382 | +4.3% |
| Trade debts | 44 | - | €48 | +€48 | |
| Suppliers | 440/4 | - | €48 | +€48 | |
| Other amounts payable | 47/48 | €136,100 | €134,140 | -€1,960 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,273 | €7,273 | = | 0.0% |
| Other operating charges | 640/8 | €1,623 | €1,623 | -€1 | 0.0% |
| Gross operating margin | 9900 | €15,096 | €16,377 | +€1,280 | +8.5% |
| Operating profit (loss) | 9901 | €6,200 | €7,481 | +€1,281 | +20.7% |
| Financial charges | 65/66B | €3,604 | €3,290 | -€314 | -8.7% |
| Recurring financial charges | 65 | €3,604 | €3,290 | -€314 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €2,596 | €4,191 | +€1,595 | +61.4% |
| Profit (loss) for the period | 9904 | €2,596 | €4,191 | +€1,595 | +61.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,596 | €4,191 | +€1,595 | +61.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.