BISTECCA: 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.
BISTECCA
Largest movements
- Cash -€20,203
down €20,203 (-55.2%), from €36,587 to €16,384
mainly Debts after one year (-€32,123) and Investment in fixed assets (net) (-€23,103)
- Tangible fixed assets -€13,452
down €13,452 (-4.1%), from €327,479 to €314,027
of which Land and buildings: -€26,742
- Receivables within one year +€6,026
up €6,026 (+356%), from €1,695 to €7,720
of which Other amounts receivable: +€3,557
- Debts after one year -€32,123
down €32,123 (-25.6%), from €125,411 to €93,288
- Other debts -€17,694
down €17,694 (-31.1%), from €56,828 to €39,134
- Reserves +€17,587
up €17,587 (+39.2%), from €44,854 to €62,442
- Accrued charges and deferred income +€3,960
up €3,960 (+15.6%), from €25,400 to €29,360
- Gross operating margin -€17,790
down €17,790 (-8.6%), from €206,767 to €188,976
- Staff costs +€4,431
up €4,431 (+4.2%), from €106,196 to €110,627
- Depreciation +€3,523
up €3,523 (+10.4%), from €33,737 to €37,261
- Taxes +€2,563
up €2,563 (+30.4%), from €8,428 to €10,991
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 | €376,839 | €346,678 | -€30,161 | -8.0% |
| Fixed assets | 21/28 | €328,889 | €314,732 | -€14,157 | -4.3% |
| Intangible fixed assets | 21 | €1,409 | €705 | -€705 | -50.0% |
| Tangible fixed assets | 22/27 | €327,479 | €314,027 | -€13,452 | -4.1% |
| Land and buildings | 22 | €309,920 | €283,178 | -€26,742 | -8.6% |
| Plant, machinery and equipment | 23 | €14,605 | €17,181 | +€2,576 | +17.6% |
| Furniture and vehicles | 24 | €2,954 | €13,668 | +€10,713 | +363% |
| Current assets | 29/58 | €47,951 | €31,946 | -€16,004 | -33.4% |
| Stocks and contracts in progress | 3 | €9,669 | €7,843 | -€1,827 | -18.9% |
| Stocks | 30/36 | €9,669 | €7,843 | -€1,827 | -18.9% |
| Amounts receivable within one year | 40/41 | €1,695 | €7,720 | +€6,026 | +356% |
| Trade receivables | 40 | €1,417 | €3,886 | +€2,469 | +174% |
| Other amounts receivable | 41 | €277 | €3,834 | +€3,557 | +1,283% |
| Cash at bank and in hand | 54/58 | €36,587 | €16,384 | -€20,203 | -55.2% |
| Total equity and liabilities | 10/49 | €376,839 | €346,678 | -€30,161 | -8.0% |
| Equity | 10/15 | €95,800 | €113,388 | +€17,587 | +18.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €44,854 | €62,442 | +€17,587 | +39.2% |
| Distributable reserves | 133 | €44,854 | €62,442 | +€17,587 | +39.2% |
| Profit (loss) carried forward | 14 | €946 | €946 | = | 0.0% |
| Amounts payable | 17/49 | €281,039 | €233,290 | -€47,749 | -17.0% |
| Amounts payable after more than one year | 17 | €125,411 | €93,288 | -€32,123 | -25.6% |
| Financial debts | 170/4 | €125,411 | €93,288 | -€32,123 | -25.6% |
| Amounts payable within one year | 42/48 | €130,228 | €110,642 | -€19,586 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €30,744 | €32,123 | +€1,379 | +4.5% |
| Trade debts | 44 | €21,068 | €17,729 | -€3,339 | -15.8% |
| Suppliers | 440/4 | €21,068 | €17,729 | -€3,339 | -15.8% |
| Taxes, remuneration and social security | 45 | €21,587 | €21,656 | +€68 | +0.3% |
| Taxes | 450/3 | €10,764 | €11,550 | +€786 | +7.3% |
| Remuneration and social security | 454/9 | €10,823 | €10,105 | -€718 | -6.6% |
| Other amounts payable | 47/48 | €56,828 | €39,134 | -€17,694 | -31.1% |
| Accrued charges and deferred income | 492/3 | €25,400 | €29,360 | +€3,960 | +15.6% |
| Non-recurring operating income | 76A | €0 | €2,314 | +€2,314 | |
| Remuneration, social security and pensions | 62 | €106,196 | €110,627 | +€4,431 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,737 | €37,261 | +€3,523 | +10.4% |
| Other operating charges | 640/8 | €1,537 | €1,583 | +€46 | +3.0% |
| Gross operating margin | 9900 | €206,767 | €188,976 | -€17,790 | -8.6% |
| Operating profit (loss) | 9901 | €65,296 | €39,506 | -€25,791 | -39.5% |
| Financial income | 75/76B | €1,440 | €1,487 | +€47 | +3.3% |
| Recurring financial income | 75 | €1,440 | €1,487 | +€47 | +3.3% |
| Financial charges | 65/66B | €13,454 | €12,414 | -€1,040 | -7.7% |
| Recurring financial charges | 65 | €13,454 | €12,414 | -€1,040 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €53,282 | €28,579 | -€24,703 | -46.4% |
| Income taxes | 67/77 | €8,428 | €10,991 | +€2,563 | +30.4% |
| Profit (loss) for the period | 9904 | €44,854 | €17,587 | -€27,267 | -60.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,854 | €17,587 | -€27,267 | -60.8% |
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.