BISKWIE: 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.
What changed
BISKWIE
NACE 68.310, Real estate agency activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€88,393
2024 · €54,344+€34,049
Equity
€1.7m
2024 · €1.6m+€76,281
Cash
€198,293
2024 · €195,080+€3,213
Balance sheet total
€2.0m
2024 · €1.9m+€78,419
Largest movements
Assets
- Stocks and contracts +€187,288
up €187,288 (+32.8%), from €571,595 to €758,883
- Current investments -€80,788
down €80,788 (-8.1%), from €999,243 to €918,455
- Receivables within one year -€20,013
down €20,013 (-59.6%), from €33,563 to €13,550
of which Trade receivables: -€11,152
Equity and liabilities
- Reserves +€76,013
up €76,013 (+5.9%), from €1.3m to €1.4m
of which Distributable reserves: +€76,013
Income statement
- Gross operating margin +€76,316
up €76,316 (+72.1%), from €105,779 to €182,095
- Other operating charges +€25,720
up €25,720 (+357.7%), from €7,190 to €32,910
- Taxes +€16,493
up €16,493 (+64.2%), from €25,701 to €42,194
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.
Result 2024
€54,344
Gross operating margin
+€76,316
Depreciation
+€968
Other operating charges
-€25,720
Financial income
-€1,306
Financial charges
+€284
Taxes
-€16,493
Result 2025
€88,393
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.
From operations
-€60,347
Investment
+€80,788
Financing
-€17,228
Cash 2024
€195,080
From operations (derived)
-€60,347
Net result for the year
+€88,393
Depreciation
+€11,185
Stocks and contracts
-€187,288
Receivables within one year
+€20,013
Deferred charges and accrued income
+€96
Trade debts
+€6,395
Tax, wage and social debts
+€888
Other debts
+€6,360
Accrued charges and deferred income
-€6,389
Investment (derived)
+€80,788
Current investments
+€80,788
Financing
-€17,228
Debts after one year
-€3,492
Current portion of long-term debt
-€1,624
Contributions, distributions and other
-€12,112
Cash 2025
€198,293
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,912,338 | €1,990,757 | +€78,419 | +4.1% |
| Fixed assets | 21/28 | €109,308 | €98,123 | -€11,185 | -10.2% |
| Tangible fixed assets | 22/27 | €109,308 | €98,123 | -€11,185 | -10.2% |
| Land and buildings | 22 | €80,536 | €80,536 | = | 0.0% |
| Furniture and vehicles | 24 | €28,772 | €17,587 | -€11,185 | -38.9% |
| Current assets | 29/58 | €1,803,030 | €1,892,634 | +€89,604 | +5.0% |
| Stocks and contracts in progress | 3 | €571,595 | €758,883 | +€187,288 | +32.8% |
| Stocks | 30/36 | €571,595 | €758,883 | +€187,288 | +32.8% |
| Amounts receivable within one year | 40/41 | €33,563 | €13,550 | -€20,013 | -59.6% |
| Trade receivables | 40 | €24,702 | €13,550 | -€11,152 | -45.1% |
| Other amounts receivable | 41 | €8,861 | - | -€8,861 | |
| Current investments | 50/53 | €999,243 | €918,455 | -€80,788 | -8.1% |
| Cash at bank and in hand | 54/58 | €195,080 | €198,293 | +€3,213 | +1.6% |
| Deferred charges and accrued income | 490/1 | €3,549 | €3,453 | -€96 | -2.7% |
| Total equity and liabilities | 10/49 | €1,912,338 | €1,990,757 | +€78,419 | +4.1% |
| Equity | 10/15 | €1,599,396 | €1,675,677 | +€76,281 | +4.8% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €1,290,072 | €1,366,085 | +€76,013 | +5.9% |
| Non-distributable reserves | 130/1 | €491,500 | €491,500 | = | 0.0% |
| Own shares acquired | 1312 | €491,500 | €491,500 | = | 0.0% |
| Distributable reserves | 133 | €798,572 | €874,585 | +€76,013 | +9.5% |
| Profit (loss) carried forward | 14 | €109,324 | €109,592 | +€268 | +0.2% |
| Amounts payable | 17/49 | €312,942 | €315,080 | +€2,138 | +0.7% |
| Amounts payable after more than one year | 17 | €3,492 | - | -€3,492 | |
| Financial debts | 170/4 | €3,492 | - | -€3,492 | |
| Amounts payable within one year | 42/48 | €301,661 | €313,680 | +€12,019 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €5,116 | €3,492 | -€1,624 | -31.7% |
| Trade debts | 44 | €9,425 | €15,820 | +€6,395 | +67.9% |
| Suppliers | 440/4 | €9,425 | €15,820 | +€6,395 | +67.9% |
| Taxes, remuneration and social security | 45 | €11,776 | €12,664 | +€888 | +7.5% |
| Taxes | 450/3 | €11,776 | €12,664 | +€888 | +7.5% |
| Other amounts payable | 47/48 | €275,344 | €281,704 | +€6,360 | +2.3% |
| Accrued charges and deferred income | 492/3 | €7,789 | €1,400 | -€6,389 | -82.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,153 | €11,185 | -€968 | -8.0% |
| Other operating charges | 640/8 | €7,190 | €32,910 | +€25,720 | +357.7% |
| Gross operating margin | 9900 | €105,779 | €182,095 | +€76,316 | +72.1% |
| Operating profit (loss) | 9901 | €86,436 | €138,000 | +€51,564 | +59.7% |
| Financial income | 75/76B | €2,554 | €1,248 | -€1,306 | -51.1% |
| Recurring financial income | 75 | €2,554 | €1,248 | -€1,306 | -51.1% |
| Financial charges | 65/66B | €8,945 | €8,661 | -€284 | -3.2% |
| Recurring financial charges | 65 | €8,945 | €8,661 | -€284 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €80,045 | €130,587 | +€50,542 | +63.1% |
| Income taxes | 67/77 | €25,701 | €42,194 | +€16,493 | +64.2% |
| Profit (loss) for the period | 9904 | €54,344 | €88,393 | +€34,049 | +62.7% |
| Profit (loss) for the period to be appropriated | 9905 | €54,344 | €88,393 | +€34,049 | +62.7% |
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 11 October 2026 via checked.be.