Bishnu: 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.
Bishnu
Largest movements
- Cash +€52,827
up €52,827 (+350%), from €15,087 to €67,913
mainly Net result for the year (+€59,576) and Tax, wage and social debts (+€8,183)
- Tangible fixed assets +€4,772
up €4,772 (+15.0%), from €31,807 to €36,579
of which Land and buildings: +€2,977
- Reserves +€56,612
new in 2025: €56,612
- Other debts -€17,262
down €17,262 (-50.2%), from €34,411 to €17,149
- Tax, wage and social debts +€8,183
up €8,183 (+743%), from €1,101 to €9,284
of which Taxes: +€5,661
- Trade debts +€6,424
up €6,424 (+166%), from €3,865 to €10,289
- Profit (loss) carried forward +€2,965
up €2,965, from -€2,965 to €0
- Gross operating margin +€109,162
up €109,162 (+375%), from €29,116 to €138,277
- Staff costs +€45,007
up €45,007 (+237%), from €19,025 to €64,032
- Taxes +€5,661
new in 2025: €5,661
- Depreciation +€2,739
up €2,739 (+101%), from €2,723 to €5,462
- Other operating charges -€1,880
down €1,880 (-35.0%), from €5,374 to €3,494
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 | €48,813 | €105,734 | +€56,921 | +117% |
| Fixed assets | 21/28 | €31,807 | €36,579 | +€4,772 | +15.0% |
| Tangible fixed assets | 22/27 | €31,807 | €36,579 | +€4,772 | +15.0% |
| Land and buildings | 22 | €10,274 | €13,251 | +€2,977 | +29.0% |
| Plant, machinery and equipment | 23 | €15,203 | €17,473 | +€2,270 | +14.9% |
| Furniture and vehicles | 24 | €6,330 | €5,855 | -€475 | -7.5% |
| Current assets | 29/58 | €17,006 | €69,155 | +€52,149 | +307% |
| Stocks and contracts in progress | 3 | €894 | €814 | -€80 | -8.9% |
| Stocks | 30/36 | €894 | €814 | -€80 | -8.9% |
| Amounts receivable within one year | 40/41 | €1,026 | €428 | -€598 | -58.3% |
| Other amounts receivable | 41 | €1,026 | €428 | -€598 | -58.3% |
| Cash at bank and in hand | 54/58 | €15,087 | €67,913 | +€52,827 | +350% |
| Total equity and liabilities | 10/49 | €48,813 | €105,734 | +€56,921 | +117% |
| Equity | 10/15 | €9,435 | €69,012 | +€59,576 | +631% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | - | €56,612 | +€56,612 | |
| Distributable reserves | 133 | - | €56,612 | +€56,612 | |
| Profit (loss) carried forward | 14 | -€2,965 | €0 | +€2,965 | |
| Amounts payable | 17/49 | €39,378 | €36,722 | -€2,656 | -6.7% |
| Amounts payable within one year | 42/48 | €39,378 | €36,722 | -€2,656 | -6.7% |
| Trade debts | 44 | €3,865 | €10,289 | +€6,424 | +166% |
| Suppliers | 440/4 | €3,865 | €10,289 | +€6,424 | +166% |
| Taxes, remuneration and social security | 45 | €1,101 | €9,284 | +€8,183 | +743% |
| Taxes | 450/3 | - | €5,661 | +€5,661 | |
| Remuneration and social security | 454/9 | €1,101 | €3,622 | +€2,521 | +229% |
| Other amounts payable | 47/48 | €34,411 | €17,149 | -€17,262 | -50.2% |
| Remuneration, social security and pensions | 62 | €19,025 | €64,032 | +€45,007 | +237% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,723 | €5,462 | +€2,739 | +101% |
| Other operating charges | 640/8 | €5,374 | €3,494 | -€1,880 | -35.0% |
| Non-recurring operating charges | 66A | - | €95 | +€95 | |
| Gross operating margin | 9900 | €29,116 | €138,277 | +€109,162 | +375% |
| Operating profit (loss) | 9901 | €1,994 | €65,194 | +€63,200 | +3,169% |
| Financial income | 75/76B | €2 | €388 | +€386 | +19,698% |
| Recurring financial income | 75 | €2 | €388 | +€386 | +19,698% |
| Financial charges | 65/66B | €409 | €345 | -€64 | -15.6% |
| Recurring financial charges | 65 | €409 | €345 | -€64 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €1,587 | €65,238 | +€63,650 | +4,010% |
| Income taxes | 67/77 | - | €5,661 | +€5,661 | |
| Profit (loss) for the period | 9904 | €1,587 | €59,576 | +€57,989 | +3,653% |
| Profit (loss) for the period to be appropriated | 9905 | €1,587 | €59,576 | +€57,989 | +3,653% |
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 24 October 2026 via checked.be.